PNE WIND (PNE3) AI Stock Analysis

• Market Cap: €761.08M
• Dividend Yield: 0.4%
• Average Volume (3M): 62.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: 122.85%
• EPS Growth: 98.21%
• Country: DE
• Employees: 680
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.08
• Shares Outstanding: 76,603,330
• 10 Day Avg. Volume: 53,092
• 30 Day Avg. Volume: 62,543
• PEG Ratio: -1.60
• Price to Book (P/B): 4.18
• Price to Sales (P/S): 3.92
• P/FCF Ratio: -3.90
• 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: €16.80
• Price Target Upside: 68.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: €9.50 ▼(-5.00% Downside)

PNE WIND's overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. The technical analysis indicates a bearish trend with weak momentum, while the valuation reflects significant profitability issues. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market presence and successful project execution, which supports long-term business sustainability.

Gross Profit Margin

A high gross profit margin reflects effective cost control and operational efficiency, contributing to the company's competitive advantage.

Industry Position

As a leader in renewable energy, PNE WIND is well-positioned to benefit from the global shift towards sustainable energy solutions.

Negative Factors

High Leverage

High leverage increases financial risk and can limit the company's ability to invest in growth opportunities, impacting long-term stability.

Negative Cash Flows

Negative cash flows indicate liquidity challenges, which can constrain the company's operational flexibility and ability to fund new projects.

Profitability Challenges

Negative profitability suggests difficulties in converting revenue into profit, which can hinder long-term financial health and shareholder value.

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's key revenue streams include the sale of generated electricity, either through long-term power purchase agreements (PPAs) or on the wholesale market, as well as income from renewable energy certificates. Additionally, PNE WIND may earn revenue from consultancy services and project management for third parties involved in renewable energy projects. Strategic partnerships with energy suppliers, governmental bodies, and investment firms further enhance its financial performance by providing access to funding and facilitating project execution.

PNE WIND Financial Statement Overview

Summary

PNE WIND shows strong revenue growth but faces significant profitability and cash flow challenges. High leverage and negative returns on equity indicate financial risk, while negative cash flows suggest liquidity issues.

Income Statement

PNE WIND's income statement shows a mixed performance. The company has experienced a strong revenue growth rate of 22.98% in the TTM, indicating positive momentum. However, the net profit margin is negative at -0.11%, reflecting ongoing profitability challenges. The gross profit margin is robust at 69.24%, suggesting efficient cost management. Despite these strengths, the negative net income and declining EBIT and EBITDA margins highlight profitability concerns.

Balance Sheet

The balance sheet reveals significant leverage with a high debt-to-equity ratio of 5.77, indicating potential financial risk. The return on equity is negative at -13.16%, reflecting poor profitability relative to shareholder equity. The equity ratio is relatively low, suggesting limited financial stability. These factors point to a need for improved capital structure and profitability.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, with a concerning free cash flow growth rate of -26.02% in the TTM. The operating cash flow to net income ratio is negative, indicating cash flow challenges. Although the free cash flow to net income ratio is positive, it is primarily due to negative net income, highlighting cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	275.10M	210.40M	121.53M	126.17M	117.73M	109.69M
Gross Profit	161.10M	71.70M	109.58M	100.53M	81.57M	71.66M
EBITDA	65.00M	62.30M	40.90M	63.51M	36.13M	23.86M
Net Income	-600.00K	-13.40M	-9.60M	14.90M	25.13M	1.62M
Balance Sheet
Total Assets	1.29B	1.26B	1.10B	920.34M	827.00M	663.81M
Cash, Cash Equivalents and Short-Term Investments	62.10M	91.60M	90.40M	121.58M	149.63M	111.62M
Total Debt	948.30M	893.20M	766.42M	569.97M	511.86M	363.44M
Total Liabilities	1.13B	1.07B	893.55M	688.18M	605.21M	463.25M
Stockholders Equity	163.60M	197.50M	211.57M	237.75M	229.18M	207.63M
Cash Flow
Free Cash Flow	-146.70M	-211.30M	-191.64M	-104.65M	-89.05M	-83.03M
Operating Cash Flow	-118.60M	-176.60M	-166.16M	-9.01M	23.78M	-68.50M
Investing Cash Flow	-12.70M	-29.60M	-20.13M	-98.08M	-81.99M	-14.43M
Financing Cash Flow	102.40M	220.80M	155.11M	79.20M	111.97M	82.86M

PNE WIND Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 10.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PNE3, the sentiment is Neutral. The current price of 10 is above the 20-day moving average (MA) of 9.93, below the 50-day MA of 10.04, and below the 200-day MA of 12.97, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 51.73 is Neutral, neither overbought nor oversold. The STOCH value of 80.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:PNE3.

PNE WIND Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
EKT	60 Neutral	€542.79M	15.64	17.69%	1.48%	-51.12%	-53.26%
MVV1	51 Neutral	€2.02B	16.25	5.62%	4.07%	-8.49%	-31.95%
ABO	45 Neutral	€110.02M	-70.00	-1.00%	4.14%	―	―
PNE3	41 Neutral	€761.08M	-1,265.82	-0.43%	0.40%	122.85%	98.21%