Porsche Automobil Holding SE is an investment vehicle holding company known as a holding company of Volkswagen AG. The headquarters is located in Stuttgart, Germany.
The company's shares are traded on the XETRA system on the Frankfurt Stock Exchange under the ticker symbol #PAH3. Porshe SE securities are included in several indices, such as MSCI Pan Euro, STOXX 600, FAZ Share, Germany 50, and others.
The share capital of Porsche Automobil Holding SE is approximately 153 million shares. More than 50% of them are owned by institutional investors. The largest are Norges Bank Investment Management, Fidelity Management & Research Co. LLC, DWS Investment GmbH, Assenagon Asset Management SA, and The Vanguard Group, Inc. The remaining shares are owned by private investors, mainly from Germany. The company regularly pays steadily growing dividends to shareholders.
The price of #PAH3 shares between October 2021 and October 2022 was in the range of 55.3-97.6 euros. This is a low price for such a large corporation, but it cannot be called affordable. #PAH3 is characterized by sharp drops during economic turmoil. Therefore, traditional investing can be quite risky. CFD trading is preferable, as it does not require large initial investments and allows traders to earn even in a falling market. The main thing is to predict the price movement correctly.
The market capitalization of Porsche Automobil Holding SE for 2022 is estimated at more than 17 billion euros. The company's profit grew steadily from 2017 to 2021, making it one of the world leaders on this indicator. In 2020 alone, the company's profit fell from 4.4 to 2.6 billion euros due to the pandemic. However, in 2021 it exceeded the pre-Covid level and reached 4.6 billion euros. To analyze #PAH3 movements, traders need to study the company's quarterly reports. Pay attention not only to current data but also to historical data to see the dynamics and reasons for changes.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
Sell | 40.66 |
Buy | 40.68 |
Sentiment | 100% ▾ |
1-day change | -0.16(-0.39%) |
Earn from the fluctuations of prices and boost your income with LiteFinance!
Porsche Automobil Holding SE was formed in 2007 after the renaming of Dr. Ing. h. c. F. Porsche AG. The financial division, created in 2005 by Wendelin Wiedeking, in 2008 took over 74% of the shares of Volkswagen AG. The blocking stake of 20.1% held by the authorities of Lower Saxony could not be transferred to Porshe SE by the privatization law. The agreement was reached in 2009, when the holding became a key shareholder of Volkswagen, while car manufacturer Porshe AG became its subsidiary.
In addition to Volkswagen, the holding owns more than one large company. Their performance has a strong impact on the price of #PAH3. When conducting an analysis, pay attention to news about the holding's subsidiaries, such as Porsche Design GmbH, Porsche Engineering, Porsche Leipzig, and others.
The state of production also affects the change in the share price. The holding controls the production of Volkswagen, Audi, Skoda, Bentley, Bugatti, Lamborghini, Porsche, and others. The production of new models and a large number of pre-orders contribute to the growth of #PAH3, but the recall of defective cars reduces shares' price.
In 2022, Porsche Automobil Holding SE ranked 673rd in the Forbes Global 2000 ranking of the largest public companies in the world. The corporation is of international importance, so when analyzing, take into account the economic state of Germany, Europe, and the whole world.