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 10,952 10,952 -
Change - 47.94% -38.59% -9.6% -21.52% -1.62% 0% -
Enterprise Value (EV) 1 16,710 24,912 15,271 19,794 16,177 16,122 16,019 15,826
Change - 49.09% -38.7% 29.62% -18.27% -0.34% -0.64% -1.21%
P/E ratio 6.58x 5.6x 3.34x 2.78x -0.56x 4.32x 2.6x 2.14x
PBR 0.48x 0.61x 0.31x 0.26x 0.32x 0.24x 0.25x 0.24x
PEG - 0.1x 1.18x 0.32x 0x -0x 0x 0.1x
Capitalization / Revenue 161x 220x - - - - - -
EV / Revenue 156x 215x - - - - - -
EV / EBITDA -619x -430x 96x 3.66x 4.79x 9.64x 3.83x 3.08x
EV / EBIT 6.45x 5.45x 3.26x 3.66x 4.79x 5.14x 3.82x -
EV / FCF 21.7x 34x 19.3x 10.6x 11.3x 27.4x 19.8x 9.58x
FCF Yield 4.61% 2.94% 5.18% 9.46% 8.85% 3.65% 5.06% 10.4%
Dividend per Share 2 2.21 2.56 2.56 2.56 1.91 1.917 2.189 2.421
Rate of return 3.92% 3.07% 5% 5.53% 5.25% 5.36% 6.12% 6.77%
EPS 2 8.57 14.9 15.32 16.64 -65.36 8.287 13.74 16.67
Distribution rate 25.8% 17.2% 16.7% 15.4% -2.92% 23.1% 15.9% 14.5%
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 3,136 4,194 -
Net income 1 2,623 4,566 4,787 5,096 -20,017 2,356 4,072 4,812
Net Debt 1 -563 -641 -421 5,609 5,045 5,170 5,068 4,874
Reference price 2 56.40 83.44 51.24 46.32 36.35 35.76 35.76 35.76
Nbr of stocks (in thousands) 306,250 306,250 306,250 306,250 306,250 306,250 306,250 -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
4.32x - 9.64x5.36% 12.95B
13.05x1.54x13.04x2.6% 315B
11.04x1.3x13.93x2.36% 80.32B
6.77x0.33x2.74x0.9% 73.42B
8.39x0.07x0.53x4.32% 65.92B
11.32x0.18x1.95x3.88% 66.32B
9.62x0.06x0.54x4.21% 61.65B
40.09x0.3x4.34x4.27% 56.37B
27x2.54x17.44x0.83% 42.97B
14.1x0.57x9.09x4.54% 39.8B
Average 14.57x 0.77x 7.32x 3.33% 81.48B
Weighted average by Cap. 14.03x 0.98x 8.72x 2.95%

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