Company Valuation: Porsche Automobil Holding SE

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 17,272 25,554 15,692 14,186 11,132 9,779 9,779 -
Change - 47.94% -38.59% -9.6% -21.52% -12.16% 0% -
Enterprise Value (EV) 1 16,710 24,912 15,271 19,794 16,177 14,887 14,713 14,444
Change - 49.09% -38.7% 29.62% -18.27% -7.97% -1.17% -1.83%
P/E ratio 6.58x 5.6x 3.34x 2.78x -0.56x 3.31x 2.34x 1.9x
PBR 0.48x 0.61x 0.31x 0.26x 0.32x 0.23x 0.22x 0.22x
PEG - 0.1x 1.18x 0.32x 0x -0x 0.1x 0.1x
Capitalization / Revenue 161x 220x - - - - - -
EV / Revenue 156x 215x - - - - - -
EV / EBITDA -619x -430x 96x 3.66x 4.79x 8.91x 3.52x 2.81x
EV / EBIT 6.45x 5.45x 3.26x 3.66x 4.79x 5x 3.49x -
EV / FCF 21.7x 34x 19.3x 10.6x 11.3x 25.3x 18.1x 8.74x
FCF Yield 4.61% 2.94% 5.18% 9.46% 8.85% 3.95% 5.51% 11.4%
Dividend per Share 2 2.21 2.56 2.56 2.56 1.91 1.757 2.233 2.484
Rate of return 3.92% 3.07% 5% 5.53% 5.25% 5.5% 6.99% 7.78%
EPS 2 8.57 14.9 15.32 16.64 -65.36 9.643 13.63 16.81
Distribution rate 25.8% 17.2% 16.7% 15.4% -2.92% 18.2% 16.4% 14.8%
Net sales 1 107 116 - - - - - -
EBITDA 1 -27 -58 159 5,413 3,379 1,672 4,181 5,131
EBIT 1 2,592 4,572 4,691 5,412 3,378 2,978 4,221 -
Net income 1 2,623 4,566 4,787 5,096 -20,017 2,707 4,052 4,842
Net Debt 1 -563 -641 -421 5,609 5,045 5,109 4,934 4,665
Reference price 2 56.40 83.44 51.24 46.32 36.35 31.93 31.93 31.93
Nbr of stocks (in thousands) 3,06,250 3,06,250 3,06,250 3,06,250 3,06,250 3,06,250 3,06,250 -
Announcement Date 23/03/21 29/03/22 23/03/23 21/03/24 26/03/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
3.31x - 8.91x5.5% 1.12TCr
11.4x1.47x13.11x2.9% 27TCr
10.56x1.32x13.66x2.31% 7.93TCr
6.08x0.29x2.37x1% 6.59TCr
8.98x0.15x1.38x6.14% 5.87TCr
7.35x0.01x0.05x5.13% 5.51TCr
4.15x0.02x0.21x7.24% 5.12TCr
-484.28x0.25x3.59x5.14% 4.67TCr
23.5x2.2x15.07x0.96% 3.67TCr
216.27x0.56x9.58x5.28% 3.29TCr
Average -19.27x 0.70x 6.79x 4.16% 7.11TCr
Weighted average by Cap. -12.84x 0.92x 8.51x 3.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Porsche Automobil Holding SE
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