Added to YB: 2024-09-18
Pitch date: 2024-09-17
P911.DE [bullish]
Dr. Ing. h.c. F. Porsche AG
-25.62%
current return
Author Info
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Company Info
Dr. Ing. h.c. F. Porsche AG engages in automotive and financial services business in Germany, Europe, North America, China, and internationally.
Market Cap
EUR 41.9B
Pitch Price
EUR 62.93
Price Target
N/A
Dividend
2.20%
EV/EBITDA
13.78
P/E
N/A
EV/Sales
1.29
Sector
Automobiles
Category
value
Dr. Ing. h.c. F. Porsche AG - $P911.DE
P911.DE: Iconic luxury brand transitioning to EVs. Strong financials (20% EBIT target, €4B FCF). New Macan EV key test. China sales weak but value > volume strategy. Risks: EV transition, China competition. Trading at 13-14x FCF, 40% below IPO. New models & overseas growth offset risks. Attractive risk/reward.
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