Porsche Automobil Holding SE (PAH3.DE) stock analysis

In our weekly check, Porsche Automobil Holding SE is graded D (A to F). Of 24 checks on debt, profit, cash flow and trend: 12 pass, warnings: 2, red flags: 10.

About Porsche Automobil Holding SE

Porsche Automobil Holding SE is a Consumer Cyclical company (Auto - Manufacturers) based in Germany, listed on XETRA as PAH3.DE.

What our checks show for PAH3.DE

Red flags

• The company has net debt but no positive operating earnings (EBITDA) to service it from (debt/equity 0.19).
• The net margin fell by 93.5 points over 5 years, to 5%: the company keeps less of each sale as profit.
• The gross margin fell by 26.7 points, to 73.3%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 98.7% a year.
• Revenue fell 28.7% a year over the last 3 years.
• Earnings per share fell 40.7% a year over the last 3 years.
• The net margin is only 5%: little room if costs rise.
• The dividend takes 486% of profit: little cushion if profit falls.
• The stock has fallen as much as 85% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 4.6%.

Warning signs

• Net profit fell 74.1% a year over the last 3 years.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 7.37x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 63.1% a year over the next years.
• Analysts expect the net margin to improve by 6014857 points from today's 5%.
• Free cash flow is 36.7% of revenue: cash for dividends, buybacks or growth.
• The share count fell by 50% in 2 years: the company buys back its own shares.
• Pay in shares is only 0% of free cash flow.

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Questions

What grade does Porsche Automobil Holding SE (PAH3.DE) have?

In our weekly check, Porsche Automobil Holding SE is graded D (A to F). Of 24 checks on debt, profit, cash flow and trend: 12 pass, warnings: 2, red flags: 10. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of PAH3.DE stock?

This week's biggest flags for Porsche Automobil Holding SE: High debt, Margins falling, Gross margin falling. In total 12 of 24 checks show a warning or a red flag.

What does Porsche Automobil Holding SE do?

Porsche Automobil Holding SE is a Consumer Cyclical company (Auto - Manufacturers) based in Germany, listed on XETRA as PAH3.DE.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-11-07

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