PORSCHE AUTOMOBIL HLDG-PRF (PAH3.DE) Stock Fundamental Analysis
FRA:PAH3 - Deutsche Boerse Ag - DE000PAH0038 - Currency: EUR
PAH3 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 28 industry peers in the Automobiles industry. While PAH3 has a great health rating, there are worries on its profitability. PAH3 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PAH3 had negative earnings in the past year.
In the past year PAH3 had a positive cash flow from operations.
PAH3 had positive earnings in 4 of the past 5 years.
PAH3 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PAH3 has a Return On Assets of -46.72%. This is amonst the worse of the industry: PAH3 underperforms 89.29% of its industry peers.
PAH3 has a worse Return On Equity (-57.02%) than 89.29% of its industry peers.
The Return On Invested Capital of PAH3 (5.62%) is better than 64.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PAH3 is in line with the industry average of 7.39%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -46.72% | ||
| ROE | -57.02% | ||
| ROIC | 5.62% |
ROA(3y)-9.78%
ROA(5y)-2.27%
ROE(3y)-12.42%
ROE(5y)-3.83%
ROIC(3y)6.04%
ROIC(5y)6.18%
1.3 Margins
PAH3's Operating Margin of 99.24% is amongst the best of the industry. PAH3 outperforms 100.00% of its industry peers.
PAH3's Operating Margin has been stable in the last couple of years.
The Profit Margin and Gross Margin are not available for PAH3 so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 99.24% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-0.12%
OM growth 5Y0.3%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAH3 is destroying value.
PAH3 has about the same amout of shares outstanding than it did 1 year ago.
PAH3 has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, PAH3 has a worse debt to assets ratio.
2.2 Solvency
PAH3 has an Altman-Z score of 1.81. This is a bad value and indicates that PAH3 is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.81, PAH3 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
The Debt to FCF ratio of PAH3 is 5.28, which is a neutral value as it means it would take PAH3, 5.28 years of fcf income to pay off all of its debts.
PAH3 has a Debt to FCF ratio of 5.28. This is amongst the best in the industry. PAH3 outperforms 85.71% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that PAH3 is not too dependend on debt financing.
PAH3 has a Debt to Equity ratio of 0.21. This is amongst the best in the industry. PAH3 outperforms 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 5.28 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.88
WACC6.36%
2.3 Liquidity
PAH3 has a Current Ratio of 16.13. This indicates that PAH3 is financially healthy and has no problem in meeting its short term obligations.
PAH3 has a Current ratio of 16.13. This is amongst the best in the industry. PAH3 outperforms 100.00% of its industry peers.
A Quick Ratio of 16.13 indicates that PAH3 has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 16.13, PAH3 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 16.13 | ||
| Quick Ratio | 16.13 |
3. Growth
3.1 Past
The earnings per share for PAH3 have decreased strongly by -494.45% in the last year.
PAH3 shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -34.13%.
Measured over the past years, PAH3 shows a decrease in Revenue. The Revenue has been decreasing by -5.37% on average per year.
EPS 1Y (TTM)-494.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-900.89%
Revenue 1Y (TTM)-34.13%
Revenue growth 3Y-9.48%
Revenue growth 5Y-5.37%
Sales Q2Q%-57.91%
3.2 Future
The Earnings Per Share is expected to grow by 9.56% on average over the next years. This is quite good.
The Revenue is expected to decrease by -14.87% on average over the next years. This is quite bad
EPS Next Y-2.87%
EPS Next 2Y7.91%
EPS Next 3Y5.39%
EPS Next 5Y9.56%
Revenue Next Year0%
Revenue Next 2Y41.42%
Revenue Next 3Y-25.99%
Revenue Next 5Y-14.87%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PAH3 reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 3.01, the valuation of PAH3 can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PAH3 indicates a rather cheap valuation: PAH3 is cheaper than 89.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, PAH3 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAH3 is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PAH3 is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.91 | ||
| EV/EBITDA | 2.91 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.91%
EPS Next 3Y5.39%
5. Dividend
5.1 Amount
PAH3 has a Yearly Dividend Yield of 5.66%, which is a nice return.
Compared to an average industry Dividend Yield of 7.56, PAH3 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, PAH3 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
5.2 History
The dividend of PAH3 has a limited annual growth rate of 2.98%.
Dividend Growth(5Y)2.98%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PAH3 has negative earnings and hence a negative payout ratio. The dividend may be in danger.
PAH3's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-3.91%
EPS Next 2Y7.91%
EPS Next 3Y5.39%
FRA:PAH3 (4/25/2025, 5:29:51 PM)
36.495
+0.52 (+1.43%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners15.29%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.59B
Analysts53.64
Price Target40.41 (10.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
Yearly Dividend2.56
Dividend Growth(5Y)2.98%
DP-3.91%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.14%
PT rev (3m)-12.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-13.43%
EPS NY rev (3m)-28.99%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.01 | ||
| P/S | 1.63 | ||
| P/FCF | 3.91 | ||
| P/OCF | 3.91 | ||
| P/B | 0.16 | ||
| P/tB | 0.16 | ||
| EV/EBITDA | 2.91 |
EPS(TTM)-65.36
EYN/A
EPS(NY)12.11
Fwd EY33.17%
FCF(TTM)9.35
FCFY25.61%
OCF(TTM)9.35
OCFY25.61%
SpS22.41
BVpS229.28
TBVpS229.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -46.72% | ||
| ROE | -57.02% | ||
| ROCE | 7.98% | ||
| ROIC | 5.62% | ||
| ROICexc | 5.95% | ||
| ROICexgc | 5.95% | ||
| OM | 99.24% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 41.71% |
ROA(3y)-9.78%
ROA(5y)-2.27%
ROE(3y)-12.42%
ROE(5y)-3.83%
ROIC(3y)6.04%
ROIC(5y)6.18%
ROICexc(3y)6.21%
ROICexc(5y)6.32%
ROICexgc(3y)6.21%
ROICexgc(5y)6.33%
ROCE(3y)8.58%
ROCE(5y)8.78%
ROICexcg growth 3Y-8.5%
ROICexcg growth 5Y-7.91%
ROICexc growth 3Y-8.5%
ROICexc growth 5Y-7.78%
OM growth 3Y-0.12%
OM growth 5Y0.3%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 5.28 | ||
| Debt/EBITDA | 2.19 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 10.74 | ||
| Cash Conversion | 42.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 16.13 | ||
| Quick Ratio | 16.13 | ||
| Altman-Z | 1.81 |
F-Score3
WACC6.36%
ROIC/WACC0.88
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-494.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-900.89%
EPS Next Y-2.87%
EPS Next 2Y7.91%
EPS Next 3Y5.39%
EPS Next 5Y9.56%
Revenue 1Y (TTM)-34.13%
Revenue growth 3Y-9.48%
Revenue growth 5Y-5.37%
Sales Q2Q%-57.91%
Revenue Next Year0%
Revenue Next 2Y41.42%
Revenue Next 3Y-25.99%
Revenue Next 5Y-14.87%
EBIT growth 1Y-34.28%
EBIT growth 3Y-9.59%
EBIT growth 5Y-5.09%
EBIT Next Year337.12%
EBIT Next 3Y25.48%
EBIT Next 5YN/A
FCF growth 1Y-23.64%
FCF growth 3Y25.04%
FCF growth 5Y14.85%
OCF growth 1Y-23.64%
OCF growth 3Y25.04%
OCF growth 5Y14.66%