PAH3 Stock Analysis: Porsche Automobil Holding SE | XETRA
Auto Manufacturers | XETRA, Germany | Market Cap: 7.840m EUR | 12M Return: -20.2% | DE000PAH0038 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.5M
Qual. Beats: 0
Qual. Beats: -2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Porsche Automobil Holding SE is a Stuttgart-based German holding company that primarily functions as a major shareholder in the Volkswagen Group rather than operating as a standalone automaker. Through its subsidiaries, it is active in two business segments-Core Investments and Portfolio Investments-with a focus on mobility and industrial technology. The companys investment portfolio spans a wide range of well-known automotive brands, including Volkswagen, Audi, SEAT, ŠKODA, Cupra, Bentley, Lamborghini, Ducati, and Porsche.
The firm was originally incorporated as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and adopted its current name in November 2007. As a publicly listed entity on the XETRA exchange under the ticker PAH3, it is classified within the Consumer Discretionary sector under the Automobile Manufacturers sub-industry. Its holding-company structure is typical of large European automotive groups, where strategic and voting interests in operating subsidiaries are managed centrally.
- Group earnings and dividends drive PAH3 cash flows
- Porsche AG stake value fluctuates with luxury EV demand
- China premium car sales weakness pressures group margins
| Net Income: 95.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.21 > 1.0 |
| NWC/Revenue: 116.7% < 20% (prev -3.03%; Δ 119.7% < -1%) |
| CFO/TA 0.01 > 3% & CFO 429.0m > Net Income 95.0m |
| Net Debt (4.98b) to EBITDA (348.0m): 14.32 < 3 |
| Current Ratio: 13.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (306.2m) vs 12m ago 0.0% < -2% |
| Gross Margin: 73.28% > 18% (prev 100.1%; Δ -26.83% > 0.5%) |
| Asset Turnover: 4.49% > 50% (prev -51.11%; Δ 55.59% > 0%) |
| Interest Coverage Ratio: 1.17 > 6 (EBIT TTM 346.0m / Interest Expense TTM 295.0m) |
| A: 0.05 (Total Current Assets 2.40b - Total Current Liabilities 175.0m) / Total Assets 42.8b |
| B: 0.68 (Retained Earnings 29.2b / Total Assets 42.8b) |
| C: 0.01 (EBIT TTM 346.0m / Avg Total Assets 42.6b) |
| D: 5.08 (Book Value of Equity 35.7b / Total Liabilities 7.03b) |
| Altman-Z'' = 7.95 = AAA |
As of November 05, 2026, the stock is trading at EUR 26.28 with a total of 482,131 shares traded. Over the past week, the price has changed by +4.45%, over one month by +7.44%, over three months by -10.34% and over the past year by -20.15%.
Current recommended Stop Loss: 25.00 (which is 4.9% or 1.8 ATR below the current price).
Porsche Automobil Holding SE has no consensus analysts rating.
P/E Trailing = 82.5806
P/E Forward = 2.3507
P/S = 122.1323
P/B = 0.2194
P/EG = 0.0523
Revenue TTM = 1.91b EUR
EBIT TTM = 346.0m EUR
EBITDA TTM = 348.0m EUR
Long Term Debt = 6.72b EUR (from longTermDebt, last quarter)
Short Term Debt = 176.0m EUR (from shortTermDebt, last quarter)
Debt = 6.90b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.00m
Net Debt = 4.98b EUR (calculated: Debt 6.90b - CCE 1.92b)
Enterprise Value = 12.8b EUR (7.84b + Debt 6.90b - CCE 1.92b)
Interest Coverage Ratio = 1.17 (Ebit TTM 346.0m / Interest Expense TTM 295.0m)
EV/FCF = 52.99x (Enterprise Value 12.8b / FCF TTM 242.0m)
FCF Yield = 1.89% (FCF TTM 242.0m / Enterprise Value 12.8b)
FCF Margin = 12.68% (FCF TTM 242.0m / Revenue TTM 1.91b)
Net Margin = 4.98% (Net Income TTM 95.0m / Revenue TTM 1.91b)
Gross Margin = 73.28% ((Revenue TTM 1.91b - Cost of Revenue TTM 510.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.30 (Enterprise Value 12.8b / Total Assets 42.8b)
Interest Expense / Debt = 4.28% (Interest Expense 295.0m / Debt 6.90b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 259.5m (EBIT 346.0m * (1 - 25.00%))
Current Ratio = 13.73 (Total Current Assets 2.40b / Total Current Liabilities 175.0m)
Debt / Equity = 0.19 (Debt 6.90b / totalStockholderEquity, last quarter 35.7b)
Debt / EBITDA = 14.32 (Net Debt 4.98b / EBITDA 348.0m)
Debt / FCF = 20.59 (Net Debt 4.98b / FCF TTM 242.0m)
Total Stockholder Equity = 36.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.22% (Net Income 95.0m / Total Assets 42.8b)
RoE = 0.26% (Net Income TTM 95.0m / Total Stockholder Equity 36.6b)
RoCE = 0.80% (EBIT 346.0m / Capital Employed (Equity 36.6b + L.T.Debt 6.72b))
RoIC = 0.61% (NOPAT 259.5m / Invested Capital 42.7b)
WACC = 5.05% (E(7.84b)/V(14.7b) * Re(6.68%) + D(6.90b)/V(14.7b) * Rd(4.28%) * (1-Tc(0.25)))
Discount Rate = 6.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -29.01 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈446.4m ; Y1≈391.5m ; Y5≈316.3m
[DCF] Fair Price = 0.61 (EV 5.08b - Net Debt 4.98b = Equity 93.8m / Shares 153.1m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.21 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: -0.94 | # QB: -2
EPS current Quarter (2026-09-30): EPS=2.55 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=16.57 | Chg30d=+29.20% | Revisions=+0% | GrowthEPS=+75.3% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=12.91 | Chg30d=-12.50% | Revisions=-25% | GrowthEPS=-22.1% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -25% (up=0, down=1)