PNE AG (PNE3.DE) Stock Fundamental Analysis
FRA:PNE3 - Deutsche Boerse Ag - DE000A0JBPG2 - Common Stock - Currency: EUR
PNE3 gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 51 industry peers in the Electrical Equipment industry. PNE3 has a bad profitability rating. Also its financial health evaluation is rather negative. PNE3 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PNE3 had negative earnings in the past year.
PNE3 had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PNE3 reported negative net income in multiple years.
In multiple years PNE3 reported negative operating cash flow during the last 5 years.
1.2 Ratios
PNE3 has a Return On Assets (-2.63%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -21.25%, PNE3 is doing worse than 78.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.63% | ||
| ROE | -21.25% | ||
| ROIC | N/A |
ROA(3y)1.26%
ROA(5y)0.78%
ROE(3y)4.24%
ROE(5y)2.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PNE3's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 94.63%, PNE3 belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
PNE3's Gross Margin has improved in the last couple of years.
PNE3 does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 94.63% |
OM growth 3Y-17.81%
OM growth 5Y-27.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.94%
GM growth 5Y4.72%
2. Health
2.1 Basic Checks
PNE3 does not have a ROIC to compare to the WACC, probably because it is not profitable.
PNE3 has about the same amout of shares outstanding than it did 1 year ago.
PNE3 has less shares outstanding than it did 5 years ago.
PNE3 has a worse debt/assets ratio than last year.
2.2 Solvency
PNE3 has an Altman-Z score of 0.99. This is a bad value and indicates that PNE3 is not financially healthy and even has some risk of bankruptcy.
PNE3 has a Altman-Z score of 0.99. This is in the lower half of the industry: PNE3 underperforms 62.75% of its industry peers.
A Debt/Equity ratio of 5.72 is on the high side and indicates that PNE3 has dependencies on debt financing.
PNE3 has a worse Debt to Equity ratio (5.72) than 92.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACCN/A
WACC5.21%
2.3 Liquidity
A Current Ratio of 2.68 indicates that PNE3 has no problem at all paying its short term obligations.
PNE3 has a Current ratio of 2.68. This is amongst the best in the industry. PNE3 outperforms 80.39% of its industry peers.
A Quick Ratio of 0.99 indicates that PNE3 may have some problems paying its short term obligations.
With a Quick ratio value of 0.99, PNE3 perfoms like the industry average, outperforming 54.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.68 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
PNE3 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -101.28%.
The Revenue has decreased by -1.35% in the past year.
Measured over the past years, PNE3 shows a small growth in Revenue. The Revenue has been growing by 5.87% on average per year.
EPS 1Y (TTM)-101.28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-164.57%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y3.48%
Revenue growth 5Y5.87%
Sales Q2Q%-8.71%
3.2 Future
The Earnings Per Share is expected to grow by 32.92% on average over the next years. This is a very strong growth
Based on estimates for the next years, PNE3 will show a quite strong growth in Revenue. The Revenue will grow by 14.76% on average per year.
EPS Next Y18.53%
EPS Next 2Y24.57%
EPS Next 3Y29.68%
EPS Next 5Y32.92%
Revenue Next Year66.18%
Revenue Next 2Y37.01%
Revenue Next 3Y31.79%
Revenue Next 5Y14.76%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PNE3. In the last year negative earnings were reported.
Also next year PNE3 is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PNE3 is valued a bit more expensive than the industry average as 60.78% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 66.61 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PNE3's earnings are expected to grow with 29.68% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y24.57%
EPS Next 3Y29.68%
5. Dividend
5.1 Amount
PNE3 has a yearly dividend return of 0.60%, which is pretty low.
PNE3's Dividend Yield is a higher than the industry average which is at 3.01.
With a Dividend Yield of 0.60, PNE3 pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
5.2 History
The dividend of PNE3 is nicely growing with an annual growth rate of 14.87%!
Dividend Growth(5Y)14.87%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
PNE3 has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of PNE3 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-18.1%
EPS Next 2Y24.57%
EPS Next 3Y29.68%
FRA:PNE3 (3/28/2025, 2:40:56 PM)
14.16
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners44.82%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.08B
Analysts86
Price Target19.02 (34.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
Yearly Dividend0.08
Dividend Growth(5Y)14.87%
DP-18.1%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.36%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)13.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 8.79 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 6.84 | ||
| P/tB | 11.56 | ||
| EV/EBITDA | 66.61 |
EPS(TTM)-0.44
EYN/A
EPS(NY)-0.09
Fwd EYN/A
FCF(TTM)-3.69
FCFYN/A
OCF(TTM)-3.34
OCFYN/A
SpS1.61
BVpS2.07
TBVpS1.22
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.63% | ||
| ROE | -21.25% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 94.63% | ||
| FCFM | N/A |
ROA(3y)1.26%
ROA(5y)0.78%
ROE(3y)4.24%
ROE(5y)2.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)0.89%
ROCE(5y)1.58%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-17.81%
OM growth 5Y-27.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.94%
GM growth 5Y4.72%
F-Score2
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.72 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 30.48 | ||
| Cap/Depr | 82.97% | ||
| Cap/Sales | 22.03% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.68 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 0.99 |
F-Score2
WACC5.21%
ROIC/WACCN/A
Cap/Depr(3y)294.01%
Cap/Depr(5y)315.35%
Cap/Sales(3y)64.2%
Cap/Sales(5y)52.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-101.28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-164.57%
EPS Next Y18.53%
EPS Next 2Y24.57%
EPS Next 3Y29.68%
EPS Next 5Y32.92%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y3.48%
Revenue growth 5Y5.87%
Sales Q2Q%-8.71%
Revenue Next Year66.18%
Revenue Next 2Y37.01%
Revenue Next 3Y31.79%
Revenue Next 5Y14.76%
EBIT growth 1Y-26.93%
EBIT growth 3Y-14.95%
EBIT growth 5Y-23.04%
EBIT Next Year122.89%
EBIT Next 3Y63.04%
EBIT Next 5Y50.58%
FCF growth 1Y-289.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-383.47%
OCF growth 3YN/A
OCF growth 5YN/A