How does 0KUY's PS Ratio compare to its peers?

0KUY is expensive based on its Price-To-Sales Ratio (6.9x) compared to the peer average (6x).

How does 0KUY's PS Ratio compare vs other companies in the GB Electrical Industry?

0KUY is expensive based on its Price-To-Sales Ratio (6.9x) compared to the UK Electrical industry average (1.9x).

What is 0KUY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0KUY is good value based on its Price-To-Sales Ratio (6.9x) compared to the estimated Fair Price-To-Sales Ratio (7x).

What is the Fair Price of 0KUY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0KUY (€11.08) is trading above our estimate of [[fair value]] (€0.67)

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

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

PNE (LSE:0KUY) - Stock Price, News & Analysis

0KUY Stock Overview

Engages in the planning, construction, and operation of wind and photovoltaic (PV) farms and transformer stations in Germany and internationally. More details

0KUY fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings are forecast to grow 75.01% per year

Risk Analysis

Debt is not well covered by operating cash flow

PNE AG Competitors

ITM Power

AIM:ITM

UK£229.3m

discoverIE Group

LSE:DSCV

UK£692.6m

Invinity Energy Systems

AIM:IES

UK£70.5m

Volex

AIM:VLX

UK£512.1m

Price History & Performance

Summary of all time highs, changes and price drops for PNE
Historical stock prices
Current Share Price	€11.18
52 Week High	€15.10
52 Week Low	€10.26
Beta	0.48
11 Month Change	1.64%
3 Month Change	2.76%
1 Year Change	-11.98%
33 Year Change	43.51%
5 Year Change	177.76%
Change since IPO	284.19%

Recent updates

Shareholder Returns

	0KUY	GB Electrical	GB Market
7D	2.4%	3.6%	0.2%
1Y	-12.0%	-8.0%	7.8%

Return vs Industry: 0KUY underperformed the UK Electrical industry which returned -8% over the past year.

Return vs Market: 0KUY underperformed the UK Market which returned 7.8% over the past year.

Price Volatility

Is 0KUY's price volatile compared to industry and market?
0KUY volatility
0KUY Average Weekly Movement	3.0%
Electrical Industry Average Movement	7.4%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0KUY has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0KUY's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	655	Heiko Wuttke	www.pne-ag.com

PNE AG engages in the planning, construction, and operation of wind and photovoltaic (PV) farms and transformer stations in Germany and internationally. It operates through three segments: Project Development, Electricity Generation, and Service Products. The company develops and sells onshore and offshore wind farms; provides technical and commercial operations management services for wind farms, PV plants, and transformer stations; and generates electricity from wind and biomass power plant.

PNE AG Fundamentals Summary

How do PNE's earnings and revenue compare to its market cap?
0KUY fundamental statistics
Market cap	€857.96m
Earnings (TTM)	-€33.75m
Revenue (TTM)	€123.43m

7.0x

P/S Ratio

-25.4x

P/E Ratio

Is 0KUY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0KUY income statement (TTM)
Revenue	€123.43m
Cost of Revenue	€13.95m
Gross Profit	€109.48m
Other Expenses	€143.24m
Earnings	-€33.75m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.44
Gross Margin	88.70%
Net Profit Margin	-27.35%
Debt/Equity Ratio	535.0%

How did 0KUY perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

-9%

Payout Ratio

0KUY Stock Overview

Rewards

Risk Analysis

PNE AG Competitors

AIM:ITM

UK£229.3m

LSE:DSCV

UK£692.6m

AIM:IES

UK£70.5m

AIM:VLX

UK£512.1m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: €0.38 loss per share (vs €0.14 loss in 3Q 2023)

Boralex Inc. (TSX:BLX) acquired 43 megawatts (MW) in Scotland from PNE AG.

Second quarter 2024 earnings released: €0.21 loss per share (vs €0.11 loss in 2Q 2023)

PNE AG Announces Management Changes

Lotus Infrastructure Partners acquired PNE USA, Inc. from PNE AG (XTRA:PNE3).

Upcoming dividend of €0.08 per share

Recent updates

Third quarter 2024 earnings released: €0.38 loss per share (vs €0.14 loss in 3Q 2023)

Boralex Inc. (TSX:BLX) acquired 43 megawatts (MW) in Scotland from PNE AG.

Second quarter 2024 earnings released: €0.21 loss per share (vs €0.11 loss in 2Q 2023)

PNE AG Announces Management Changes

Lotus Infrastructure Partners acquired PNE USA, Inc. from PNE AG (XTRA:PNE3).

Upcoming dividend of €0.08 per share

New major risk - Financial position

First quarter 2024 earnings released: €0.059 loss per share (vs €0.076 loss in 1Q 2023)

New major risk - Financial position

Full year 2023 earnings released: €0.13 loss per share (vs €0.20 profit in FY 2022)

PNE AG, Annual General Meeting, May 30, 2024

Third quarter 2023 earnings released: €0.14 loss per share (vs €0.049 loss in 3Q 2022)

PNE AG to Report First Half, 2024 Results on Aug 08, 2024

PNE AG Announces Executive Changes, Effective 1 April 2024

Second quarter 2023 earnings released: €0.11 loss per share (vs €0.004 profit in 2Q 2022)

PNE AG (XTRA:PNE3) acquired 51% stake in Bitbloom Ltd.

TotalEnergies SE (ENXTPA:TTE) acquired five photovoltaic projects in Romania from PNE AG (XTRA:PNE3).

PNE AG Approves Dividend

First quarter 2023 earnings released: €0.076 loss per share (vs €0.13 profit in 1Q 2022)

Upcoming dividend of €0.08 per share at 0.6% yield

Full year 2022 earnings released: EPS: €0.20 (vs €0.33 in FY 2021)

Investor sentiment deteriorates as stock falls 17%

PNE AG, Annual General Meeting, May 09, 2023

PNE AG to Report Fiscal Year 2022 Results on Mar 29, 2023

Third quarter 2022 earnings released: €0.049 loss per share (vs €0.13 loss in 3Q 2021)

Morgan Stanley Reportedly Plans Preliminary Talks for Stake Sale in PNE

Second quarter 2022 earnings released: EPS: €0.004 (vs €0.001 loss in 2Q 2021)

PNE AG (XTRA:PNE3) acquired 51% stakes in Coliaenergia ESPAÑA, S.L from Consultoria Industrial Beaguihe, S.L and GARISUN RENOVABLES S.L.

PNE AG Approves Special Dividend for the Year 2021

First quarter 2022 earnings released: EPS: €0.13 (vs €0.014 in 1Q 2021)

Upcoming dividend of €0.08 per share

Full year 2021 earnings released: EPS: €0.33 (vs €0.021 in FY 2020)

PNE AG Proposes Special Dividend for the Year 2021

PNE Ordinary Shares to Be Deleted from Other OTC

Third quarter 2021 earnings released: €0.13 loss per share (vs €0.053 loss in 3Q 2020)

CEE Management GmbH acquired Wind farm in Thuringia from PNE AG (XTRA:PNE3).

PNE AG Approve Dividend

First quarter 2021 earnings released: EPS €0.014 (vs €0.003 in 1Q 2020)

Upcoming dividend of €0.04 per share

Full year 2020 earnings released: EPS €0.021 (vs €0.009 in FY 2019)

New 90-day low: €7.39

PNE AG Exceeds Earnings Forecast for Financial Year 2020

New 90-day high: €8.85

New 90-day high: €7.91

PNE AG to Report Q2, 2021 Results on Aug 11, 2021

Photon Energy Operations DE GmbH cancelled the acquisition of PNE AG (XTRA:PNE3) from Axxion S.A. (SNSE:AXXION), Universal-Investment-Gesellschaft mbH, Active Ownership Capital S.à.r.l., Wilhelm K. T. Zours and others.

New 90-day high - €5.51

Earnings released

Shareholder Returns

Price Volatility

About the Company

PNE AG Fundamentals Summary

7.0x

-25.4x

Earnings & Revenue

Dividends

0.7%

-9%