Porsche Automobil Holding SE

BUL:PAH3 Stock Report

Market Cap: €11.8b

Porsche Automobil Holding Valuation

Is PAH3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PAH3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PAH3 (€40.49) is trading below our estimate of fair value (€63.59)

Significantly Below Fair Value: PAH3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PAH3?

Other financial metrics that can be useful for relative valuation.

PAH3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA90.5x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does PAH3's PE Ratio compare to its peers?

The above table shows the PE ratio for PAH3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.5x
FROTO Ford Otomotiv Sanayi
7.6x20.3%₺344.6b
601127 Seres GroupLtd
45.3x30.8%CN¥164.8b
LI Li Auto
20.2x23.2%US$28.3b
7270 Subaru
5.1x-3.6%JP¥2.0t
PAH3 Porsche Automobil Holding
2.4x10.4%€11.8b

Price-To-Earnings vs Peers: PAH3 is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (19.5x).


Price to Earnings Ratio vs Industry

How does PAH3's PE Ratio compare vs other companies in the Global Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a5.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: PAH3 is good value based on its Price-To-Earnings Ratio (2.4x) compared to the Global Auto industry average (14.2x).


Price to Earnings Ratio vs Fair Ratio

What is PAH3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PAH3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PAH3's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PAH3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.49
€49.20
+21.5%
22.7%€70.00€35.00n/a10
Oct ’25n/a
€51.77
0%
19.2%€70.00€36.00n/a11
Sep ’25n/a
€56.50
0%
28.2%€97.00€36.00n/a11
Aug ’25n/a
€58.70
0%
27.1%€97.00€35.00n/a10
Jul ’25n/a
€60.40
0%
23.5%€97.00€45.00n/a10
Jun ’25€50.34
€60.40
+20.0%
23.5%€97.00€45.00n/a10
May ’25€47.99
€60.40
+25.9%
23.5%€97.00€45.00n/a10
Apr ’25n/a
€62.64
0%
25.2%€97.00€45.00n/a11
Mar ’25n/a
€63.55
0%
29.6%€104.00€47.00n/a11
Feb ’25€45.77
€65.25
+42.6%
26.8%€104.00€47.00n/a12
Jan ’25n/a
€66.00
0%
26.4%€104.00€47.00n/a12
Dec ’24n/a
€64.75
0%
22.6%€97.00€47.00n/a12
Nov ’24€42.13
€68.17
+61.8%
22.8%€102.00€47.00n/a12
Oct ’24€45.63
€68.17
+49.4%
22.8%€102.00€47.00n/a12
Sep ’24€49.31
€68.90
+39.7%
22.8%€102.00€47.00n/a12
Aug ’24€53.46
€71.90
+34.5%
30.7%€134.00€51.00n/a12
Jul ’24€54.80
€73.27
+33.7%
31.1%€134.00€51.00n/a11
Jun ’24€54.40
€73.50
+35.1%
32.2%€134.00€51.00€50.3410
May ’24€49.46
€74.09
+49.8%
30.5%€134.00€51.00€47.9911
Apr ’24€52.32
€75.08
+43.5%
28.9%€134.00€51.00n/a12
Mar ’24€53.36
€89.00
+66.8%
29.0%€134.00€60.00n/a12
Feb ’24€55.18
€89.00
+61.3%
29.0%€134.00€60.00€45.7712
Jan ’24n/a
€92.45
0%
26.4%€134.00€60.00n/a11
Dec ’23€57.82
€95.10
+64.5%
25.3%€134.00€60.00n/a10
Nov ’23€57.00
€94.70
+66.1%
24.7%€132.00€60.00€42.1310
Oct ’23€57.90
€96.91
+67.4%
24.3%€132.00€60.00€45.6311

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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