Added to YB: 2025-04-07
Pitch date: 2025-04-03
P911.DE [neutral]
Dr. Ing. h.c. F. Porsche AG
+9.32%
current return
Author Info
Asymmetric Ventures Portfolio is a CFA and investor looking for asymmetric investments in Europe and North America. Sign up for the newsletter.
Company Info
Dr. Ing. h.c. F. Porsche AG engages in automotive and financial services business in Germany, rest of Europe, North America, China, and internationally.
Market Cap
EUR 41.3B
Pitch Price
EUR 42.90
Price Target
N/A
Dividend
5.09%
EV/EBITDA
9.29
P/E
N/A
EV/Sales
1.18
Sector
Automobiles
Category
N/A
Porsche AG: a Downward Spiral
P911.DE (sold): Iconic brand facing challenges. Guidance downgraded, strategy shifted from 80% BEV to hybrid model. FCF declining, margins shrinking (20% to 10-12%). China recovery uncertain. New models planned but execution risks. US tariffs threaten. Governance concerns with dual CEO. Valuation ~€50-60/share, fairly priced. Selling position.
Read full article (10 min)