PAH3 Stock Analysis: Porsche Automobil Holding SE | XETRA
Auto Manufacturers | XETRA, Germany | Market Cap: 8.309m EUR | 12M Return: -15.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.0M
Qual. Beats: 0
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 German holding company listed on the XETRA exchange under the ticker PAH3, classified within the Consumer Discretionary sector (Automobile Manufacturers sub-industry). Operating through two segments-Core Investments and Portfolio Investments-the company focuses on investments in mobility and industrial technology, with its portfolio spanning well-known automotive brands including Volkswagen, Audi, SEAT, ŠKODA, Cupra, Bentley, Lamborghini, Ducati, and Porsche. The business model is centered on holding and managing equity stakes in automotive manufacturers rather than direct vehicle production, making it a capital-intensive investment vehicle tied to the cyclical performance of the global auto industry. Headquartered in Stuttgart, Germany, the company was incorporated in 2007 and adopted its current name from the former Dr. Ing. h.c. F. Porsche Aktiengesellschaft.
- Volkswagen Group earnings and dividends drive holding value
- Porsche AG margins compress under Chinese EV competition
- EU CO2 regulations force costly luxury EV transition
| Net Income: 2.81b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.23 > 1.0 |
| NWC/Revenue: 63.12% < 20% (prev -5.52%; Δ 68.64% < -1%) |
| CFO/TA 0.02 > 3% & CFO 707.0m > Net Income 2.81b |
| Net Debt (5.34b) to EBITDA (2.85b): 1.88 < 3 |
| Current Ratio: 15.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (306.2m) vs 12m ago 0.0% < -2% |
| Gross Margin: 82.45% > 18% (prev 100.1%; Δ -17.65% > 0.5%) |
| Asset Turnover: 6.72% > 50% (prev -52.25%; Δ 58.97% > 0%) |
| Interest Coverage Ratio: 9.31 > 6 (EBIT TTM 2.85b / Interest Expense TTM 306.0m) |
| A: 0.04 (Total Current Assets 1.96b - Total Current Liabilities 128.0m) / Total Assets 44.2b |
| B: 0.70 (Retained Earnings 30.9b / Total Assets 44.2b) |
| C: 0.07 (EBIT TTM 2.85b / Avg Total Assets 43.2b) |
| D: 5.35 (Book Value of Equity 37.3b / Total Liabilities 6.97b) |
| Altman-Z'' = 8.61 = AAA |
As of July 10, 2026, the stock is trading at EUR 27.21 with a total of 625,419 shares traded. Over the past week, the price has changed by -1.95%, over one month by -7.05%, over three months by -11.20% and over the past year by -15.84%.
Current recommended Stop Loss: 26.20 (which is 3.7% or 1.3 ATR below the current price).
Porsche Automobil Holding SE has no consensus analysts rating.
P/E Trailing = 2.9586
P/E Forward = 3.1837
P/S = 2.9714
P/B = 0.2332
P/EG = 0.0523
Revenue TTM = 2.90b EUR
EBIT TTM = 2.85b EUR
EBITDA TTM = 2.85b EUR
Long Term Debt = 6.85b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 184.0m EUR (from shortTermDebt, last fiscal year)
Debt = 7.03b EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 1.00m
Net Debt = 5.34b EUR (calculated: Debt 7.03b - CCE 1.69b)
Enterprise Value = 13.7b EUR (8.31b + Debt 7.03b - CCE 1.69b)
Interest Coverage Ratio = 9.31 (Ebit TTM 2.85b / Interest Expense TTM 306.0m)
EV/FCF = 26.25x (Enterprise Value 13.7b / FCF TTM 520.0m)
FCF Yield = 3.81% (FCF TTM 520.0m / Enterprise Value 13.7b)
FCF Margin = 17.92% (FCF TTM 520.0m / Revenue TTM 2.90b)
Net Margin = 96.83% (Net Income TTM 2.81b / Revenue TTM 2.90b)
Gross Margin = 82.45% ((Revenue TTM 2.90b - Cost of Revenue TTM 509.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.31 (Enterprise Value 13.7b / Total Assets 44.2b)
Interest Expense / Debt = 4.35% (Interest Expense 306.0m / Debt 7.03b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 2.14b (EBIT 2.85b * (1 - 25.00%))
Current Ratio = 15.30 (Total Current Assets 1.96b / Total Current Liabilities 128.0m)
Debt / Equity = 0.19 (Debt 7.03b / totalStockholderEquity, last quarter 37.3b)
Debt / EBITDA = 1.88 (Net Debt 5.34b / EBITDA 2.85b)
Debt / FCF = 10.28 (Net Debt 5.34b / FCF TTM 520.0m)
Total Stockholder Equity = 36.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.51% (Net Income 2.81b / Total Assets 44.2b)
RoE = 7.73% (Net Income TTM 2.81b / Total Stockholder Equity 36.3b)
RoCE = 6.59% (EBIT 2.85b / Capital Employed (Equity 36.3b + L.T.Debt 6.85b))
RoIC = 4.84% (NOPAT 2.14b / Invested Capital 44.1b)
WACC = 5.72% (E(8.31b)/V(15.3b) * Re(7.80%) + D(7.03b)/V(15.3b) * Rd(4.35%) * (1-Tc(0.25)))
Discount Rate = 7.80% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.78 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈886.4m ; Y1≈777.3m ; Y5≈628.0m
[DCF] Fair Price = 30.94 (EV 10.1b - Net Debt 5.34b = Equity 4.74b / 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: -1.07 | # QB: -1
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=3.08 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=13.08 | Chg30d=-0.14% | Revisions=-25% | GrowthEPS=+38.4% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=14.74 | Chg30d=-2.87% | Revisions=-25% | GrowthEPS=+12.7% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -40% (up=0, down=2)