PNE WIND (PNE3) AI Stock Analysis

• Market Cap: €1.10B
• Dividend Yield: 0.28%
• Average Volume (3M): 54.77K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: 78.86%
• EPS Growth: -50.95%
• Country: DE
• Employees: 680
• Sector: Energy
• Sector Strength: 42
• Industry: Renewable Utilities
• EPS (TTM): -0.26
• Shares Outstanding: 76,603,330
• 10 Day Avg. Volume: 57,614
• 30 Day Avg. Volume: 54,770
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €19.15
• Price Target Upside: 32.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 45 Neutral
• Price Target: €14.50 ▲(0.42% Upside)

PNE WIND's overall score is primarily impacted by its financial struggles, including high leverage and negative cash flows. Technical indicators suggest bearish momentum, while valuation metrics indicate potential overvaluation. The lack of earnings call data and corporate events further limits positive influences on the score.

PNE WIND Business Overview & Revenue Model

Company Description

PNE AG engages in the development, planning, realization, financing, operation, and sales of wind and photovoltaic (PV) farms and transformer stations in Germany and internationally. The company develops, constructs, and sells onshore and offshore wind farms under the PNE and WKN brand names, as well as PVs; provides technical and commercial operations management services for wind farms, PV plants, and transformer stations; and generates electricity from wind and biomass power plant. It is also involved in the development photovoltaics and hybrid solutions. The company was formerly known as PNE WIND AG and changed its name to PNE AG in June 2018. The company was founded in 1995 and is headquartered in Cuxhaven, Germany.

How the Company Makes Money

PNE WIND generates revenue primarily through the development and operation of wind energy projects. The company earns money through several key revenue streams: first, by selling electricity generated from its operational wind farms to energy suppliers or directly to the grid, often under long-term Power Purchase Agreements (PPAs). Second, PNE WIND benefits from project development fees and equity stakes in wind projects, allowing it to earn a return on investment as projects progress through various stages. Additionally, the company may receive government subsidies or incentives for renewable energy production, which further supports its financial performance. Strategic partnerships with other energy companies and stakeholders in the renewable energy sector also play a crucial role in enhancing its revenue potential, enabling access to new markets and shared expertise.

PNE WIND Financial Statement Overview

Summary

PNE WIND is experiencing growth in revenue but struggling with profitability and financial stability due to high leverage and negative cash flows. The company needs to address its cost structure and improve cash generation to enhance its financial health.

Income Statement

PNE WIND has shown fluctuating revenue trends with a significant increase in total revenue from 2023 to 2024. However, the company is still facing profitability challenges, as highlighted by the negative net income in recent years. Gross profit margins are relatively strong, but the net profit margin is negative, indicating issues in cost management or non-operational expenses.

Balance Sheet

The company's balance sheet shows significant leverage, with a high debt-to-equity ratio, reflecting potential risk in financial stability. Stockholders' equity has decreased over the years, impacting the equity ratio negatively. The return on equity is negative due to net losses, which is a concern for long-term sustainability.

Cash Flow

Cash flow from operations is negative, which, coupled with high capital expenditures, results in negative free cash flow, indicating cash management issues. The operating cash flow to net income ratio is unfavorable due to negative net income, highlighting liquidity concerns.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	210.40M	121.53M	126.17M	117.73M	109.69M
Gross Profit	71.70M	109.58M	100.53M	81.57M	71.66M
EBITDA	47.90M	40.90M	66.50M	33.45M	23.86M
Net Income	-13.40M	-9.60M	14.90M	25.13M	1.62M
Balance Sheet
Total Assets	1.26B	1.10B	920.34M	827.00M	663.81M
Cash, Cash Equivalents and Short-Term Investments	91.60M	90.40M	121.58M	149.63M	111.62M
Total Debt	893.20M	766.42M	569.97M	511.86M	363.44M
Total Liabilities	1.07B	893.55M	688.18M	605.21M	463.25M
Stockholders Equity	197.50M	211.57M	237.75M	229.18M	207.63M
Cash Flow
Free Cash Flow	-211.30M	-191.64M	-104.65M	-89.05M	-83.03M
Operating Cash Flow	-176.60M	-166.16M	-9.01M	23.78M	-68.50M
Investing Cash Flow	-29.60M	-20.13M	-98.08M	-81.99M	-14.43M
Financing Cash Flow	220.80M	155.11M	79.20M	111.97M	82.86M

PNE WIND Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PNE3, the sentiment is Negative. The current price of 14.44 is below the 20-day moving average (MA) of 14.91, below the 50-day MA of 15.06, and above the 200-day MA of 13.41, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 24.63 is Positive, neither overbought nor oversold. The STOCH value of 3.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:PNE3.

PNE WIND Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	C$4.17B	1.19	16.25%	5.24%	10.34%	-56.29%
PNE3	45 Neutral	€1.10B	―	-13.13%	0.28%	78.86%	-50.95%
ECV	―	€2.85B	―	-20.91%	―	―	―
0E9V	―	€677.09M	19.65	17.69%	2.04%	―	―
0FCK	―	€1.99B	12.74	7.01%	―	―	―
MNV6	―	€2.25B	4.89	16.14%	―	―	―
ABO	53 Neutral	€131.12M	179.17	-0.44%	3.45%	―	―