It’s Complicated | Porsche SE Stocks Analysis

Porsche SE (Ticker POAHY) is not the actual maker of Porsche cars. It is a holding company that owns 53.3% of Volkswagen AG. Which controls companies like Volkswagen, Audi, SEAT, Škoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, or MAN.
This company has assets that are worth twice as much as the market cap of the company.
So is it a great value play? A bargain we just can’t ignore? Or is there more to the story?

🗃 Content:
0:00 What is Porsche SE?
1:35 Investors
2:36 Financial Health
4:13 Dividends
5:26 Porsche SE Valuation

#porschestock #dividendinvesting #stockanalysis

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DISCLAIMER:
I am not a financial adviser. This video is for educational and entertainment purposes only. Seek professional help before making any investment decision.​

[antoinebriancourt]

I discovered you 2days ago. I can’t stop looking at you’re videos. Great success !

[alexandruioan]

Since I have discovered your channel I can't really get enough. Thank you so much for the analysis and for the tremendous value you provide!

[maurorafael]

This company is mostly owned by the Family Porsche-Piech as another user said previously but it's also worth to mention that big sharks also have their fingers in the firm, companies such as Fidelity, BlackRock or JP Morgan. It's not all behind a curtain, there is information everyone can check of their online brokers... BUT there is a curtain for sure

[hawtwax]

It is a holding company. DCF doesn’t really apply. It’s an asset play. The discounted price to NAV is the story here. While holding companies usually trade at a discount, this is quite significant at approx 50%. With the primary assists being VW and Porsche AG stock. So it also depends on what you think about the valuation of these two assets. Personally I think VW is cheap, Porsche AG is overpriced, and overall Porsche SE is moderately cheap

[leoweissman]

Thank you very much for the analysis!

It might was my request a few months ago to look into it. It is indeed not a trivial case.
Should not one expect a much rosyier picture with the debt reduction (3-4 years).

All the best!

[bigmike]

You should have mentioned more about the owner structure. This company is mostly owned by the Family Porsche-Piech. It is my understanding that it is an investment vehicle for the family to own "their" companies Volkswagen and Porsche (talking about insiders) They have 53% of the voting rights of Porsche SE (and it is highly unlikely they will ever reduce that to below 50% threshold). I think that is one of the main reasons for super investors not to be interested.
On a more general note: I love your videos.

[andagarden]

Could you please make a video about HOG stock (Harley-Davidson Motor Company). Thank you. You make great videos

[henrik]

I own 1141 shares. Love the brands and it's an easy way to get exposure to Porsche, which I think is the best car overall ever build.

I purchase more when it is on sale.

[hawtwax]

Do a video on farfecth FTCH my good man

[Mightyriche]

Hello
I look at their Financial statement 2022, devident is > 14 eur per share
The Porsche and Piech family owns 100% ordinary shares that are accounted for 50% of Porsche SE subscribed capital
Their ordinary shares are not on Stocks Exchange
If we can only look at the market cap of preferred shared (50eur/ share PAH3 at the moment) we can not evaluate the true value of the company since the ordinary shares are not available to trade

[ominollo]

Interesting take. I am still quite undecided…
I would only buy it to indirectly own VW and Porsche AG.

[aaron]

No interest in debt-laden empire builders and their inevitable bankruptcy, but appreciate the analysis nonetheless. Plus, comments are good for the algorithm, right?