tiprankstipranks
Trending News
More News >
Porsche Automobil Holding SE (DE:PAH3)
XETRA:PAH3

Porsche Automobil Holding (PAH3) AI Stock Analysis

Compare
422 Followers

Top Page

DE

Porsche Automobil Holding

(XETRA:PAH3)

Rating:58Neutral
Price Target:
€36.00
▲(8.93%Upside)
The overall stock score of Porsche Automobil Holding is influenced most significantly by its mixed financial performance, which shows strong balance sheet metrics but significant income and cash flow challenges. The technical analysis indicates neutral momentum, while the strong valuation due to a low P/E ratio and high dividend yield provides positive support. The absence of earnings call data and corporate events means these factors did not influence the score.
Positive Factors
Negative Factors
Company Structure
The complexity of PAH's structure could lead to a greater market discount, as diversification is not rewarded.
Corporate Governance
Persistent concerns over corporate governance and M&A strategy continue to weigh on the stock.
Dividend
Analysts expect a likely cut in VW's dividend due to concessions to unions and weak free cash flow.
Earnings
Analysts have downgraded VW to Hold due to a lower dividend and slower deleveraging, with no change in sight.

Porsche Automobil Holding (PAH3) vs. iShares MSCI Germany ETF (EWG)

Porsche Automobil Holding Business Overview & Revenue Model

Company DescriptionPorsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates through two segments, PSE and Intelligent Transport Systems. The company offers motorcycles, small cars, and luxury vehicles, as well as commercial vehicles, such as pick-ups, buses, and heavy trucks under the Volkswagen, Audi, SEAT, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names. It also develops software solutions for transport logistics, as well as traffic planning and management; and provides dealer and customer financing, leasing, banking, insurance, fleet management, and mobility services. Porsche has an agreement with ABB to develop a high-power charger for its electric vehicles in Japan. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007. Porsche Automobil Holding SE is headquartered in Stuttgart, Germany.
How the Company Makes MoneyPorsche Automobil Holding SE generates revenue primarily through its significant shareholding in Volkswagen AG, from which it receives dividends. As the largest shareholder, the holding company benefits from Volkswagen's diverse automotive portfolio and its financial performance. Porsche Automobil Holding SE also engages in investments in venture capital, focusing on sectors such as digitalization, e-mobility, and autonomous driving, which provide additional income streams. These investments are strategically aligned to complement and enhance its core automotive focus, and any successful ventures can contribute to the company's overall profitability.

Porsche Automobil Holding Financial Statement Overview

Summary
Porsche Automobil Holding's financial performance is mixed. The income statement shows significant revenue and profitability challenges, with dramatic drops in both gross and net profit margins in 2024. The balance sheet is strong, with a high equity ratio and low debt-to-equity ratio, but negative return on equity raises concerns. Cash flow management is efficient, although declining metrics indicate operational pressures.
Income Statement
35
Negative
Porsche Automobil Holding's income statement reveals significant volatility. The revenue dropped dramatically in 2024, which negatively impacted gross and net profit margins. The gross profit margin shifted from 99.54% in 2023 to a loss in 2024. Net profit margin also turned negative in 2024 compared to 93.96% in 2023. This indicates substantial challenges in maintaining profitability and revenue consistency.
Balance Sheet
70
Positive
The balance sheet showcases a stable equity foundation with a strong equity ratio of 81.95% in 2024. The debt-to-equity ratio remains low, indicating prudent financial leverage management. However, the return on equity turned negative in 2024, highlighting profitability concerns despite a robust equity position.
Cash Flow
60
Neutral
Cash flow analysis shows a decline in operating cash flow in 2024, yet it remains positive. The free cash flow growth rate turned negative due to reduced operating cash flow. Despite this, operating cash flow relative to net income remains favorable, suggesting operational cash generation efficiency.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue-22.03B-19.85B5.42B5.44B4.64B2.70B
Gross Profit-22.03B-19.87B5.42B5.44B4.63B2.70B
EBITDA-21.94B-19.79B5.44B5.41B4.59B2.66B
Net Income-22.17B-20.02B5.07B5.49B4.57B2.62B
Balance Sheet
Total Assets42.12B42.84B62.36B58.79B42.53B36.25B
Cash, Cash Equivalents and Short-Term Investments2.28B2.41B1.01B446.00M642.00M603.00M
Total Debt7.57B7.56B6.72B7.09B0.0038.00M
Total Liabilities7.70B7.73B7.03B7.37B336.00M304.00M
Stockholders Equity34.42B35.11B55.33B51.42B42.20B35.95B
Cash Flow
Free Cash Flow1.44B1.43B1.87B8.28B736.00M771.00M
Operating Cash Flow1.44B1.43B1.87B791.00M733.00M773.00M
Investing Cash Flow-742.00M-277.00M-243.00M-7.29B-4.00M-186.00M
Financing Cash Flow37.00M37.00M-1.22B6.29B-691.00M-680.00M

Porsche Automobil Holding Technical Analysis

Technical Analysis Sentiment
Negative
Last Price33.05
Price Trends
50DMA
34.40
Negative
100DMA
34.59
Negative
200DMA
35.04
Negative
Market Momentum
MACD
-0.41
Positive
RSI
38.33
Neutral
STOCH
42.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PAH3, the sentiment is Negative. The current price of 33.05 is below the 20-day moving average (MA) of 33.92, below the 50-day MA of 34.40, and below the 200-day MA of 35.04, indicating a bearish trend. The MACD of -0.41 indicates Positive momentum. The RSI at 38.33 is Neutral, neither overbought nor oversold. The STOCH value of 42.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:PAH3.

Porsche Automobil Holding Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$10.36B15.105.28%2.01%2.70%-26.16%
58
Neutral
€10.26B1.99
4.95%
$54.98B6.029.32%8.54%
$51.14B7.567.02%5.65%
€43.76B6.527.09%5.43%
€45.50B4.825.52%6.18%
€45.50B4.965.52%5.92%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:PAH3
Porsche Automobil Holding
33.05
-6.95
-17.37%
MBGAF
Mercedes-Benz Group
56.63
-12.44
-18.01%
BAMXF
Bayerische Motoren Werke Aktiengesellschaft
83.43
-5.64
-6.33%
GB:0O0V
Bayerische Motoren Werke
68.54
-9.36
-12.02%
GB:0P6O
Volkswagen
87.92
-10.86
-10.99%
GB:0P6N
Volkswagen
90.30
-15.20
-14.41%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 03, 2025