PNE AG (PNE3.DE) Stock Fundamental Analysis
Europe - FRA:PNE3 - DE000A0JBPG2 - Common Stock
10.96 EUR
-0.16 (-1.44%)
Overall PNE3 gets a fundamental rating of 3 out of 10. We evaluated PNE3 against 64 industry peers in the Electrical Equipment industry. There are concerns on the financial health of PNE3 while its profitability can be described as average. PNE3 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PNE3 has reported negative net income.
In the past year PNE3 has reported a negative cash flow from operations.
In multiple years PNE3 reported negative net income over the last 5 years.
PNE3 had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
PNE3 has a Return On Assets of -1.84%. This is comparable to the rest of the industry: PNE3 outperforms 50.00% of its industry peers.
Looking at the Return On Equity, with a value of -13.94%, PNE3 is doing worse than 60.94% of the companies in the same industry.
The Return On Invested Capital of PNE3 (1.83%) is comparable to the rest of the industry.
PNE3 had an Average Return On Invested Capital over the past 3 years of 1.04%. This is significantly below the industry average of 10.34%.
The last Return On Invested Capital (1.83%) for PNE3 is above the 3 year average (1.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.84% | ||
| ROE | -13.94% | ||
| ROIC | 1.83% |
ROA(3y)-0.1%
ROA(5y)0.59%
ROE(3y)-1.68%
ROE(5y)1.34%
ROIC(3y)1.04%
ROIC(5y)1.02%
1.3 Margins
PNE3 has a Operating Margin of 12.56%. This is in the better half of the industry: PNE3 outperforms 79.69% of its industry peers.
PNE3's Operating Margin has improved in the last couple of years.
PNE3's Gross Margin of 72.42% is amongst the best of the industry. PNE3 outperforms 93.75% of its industry peers.
In the last couple of years the Gross Margin of PNE3 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.56% | ||
| PM (TTM) | N/A | ||
| GM | 72.42% |
OM growth 3Y22.83%
OM growth 5Y4.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.79%
GM growth 5Y6.82%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PNE3 is destroying value.
PNE3 has more shares outstanding than it did 1 year ago.
PNE3 has more 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 0.91. This is a bad value and indicates that PNE3 is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.91, PNE3 is doing worse than 70.31% of the companies in the same industry.
PNE3 has a Debt/Equity ratio of 5.26. This is a high value indicating a heavy dependency on external financing.
PNE3 has a worse Debt to Equity ratio (5.26) than 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.26 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.91 |
ROIC/WACC0.33
WACC5.53%
2.3 Liquidity
PNE3 has a Current Ratio of 2.00. This is a normal value and indicates that PNE3 is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 2.00, PNE3 is doing good in the industry, outperforming 68.75% of the companies in the same industry.
PNE3 has a Quick Ratio of 2.00. This is a bad value and indicates that PNE3 is not financially healthy enough and could expect problems in meeting its short term obligations.
PNE3 has a Quick ratio of 0.88. This is comparable to the rest of the industry: PNE3 outperforms 51.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
PNE3 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.44%.
The Revenue has grown by 78.86% in the past year. This is a very strong growth!
The Revenue has been growing by 9.64% on average over the past years. This is quite good.
EPS 1Y (TTM)-50.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.34%
Revenue 1Y (TTM)78.86%
Revenue growth 3Y21.35%
Revenue growth 5Y9.64%
Sales Q2Q%57.53%
3.2 Future
Based on estimates for the next years, PNE3 will show a very strong growth in Earnings Per Share. The EPS will grow by 43.71% on average per year.
The Revenue is expected to grow by 8.36% on average over the next years. This is quite good.
EPS Next Y242.75%
EPS Next 2Y127.9%
EPS Next 3Y94.76%
EPS Next 5Y43.71%
Revenue Next Year14.48%
Revenue Next 2Y20.64%
Revenue Next 3Y18.7%
Revenue Next 5Y8.36%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PNE3 reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
PNE3 is valuated quite expensively with a Price/Forward Earnings ratio of 32.56.
PNE3's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of PNE3 to the average of the S&P500 Index (22.94), we can say PNE3 is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.56 |
4.2 Price Multiples
PNE3's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.42 |
4.3 Compensation for Growth
PNE3's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PNE3's earnings are expected to grow with 94.76% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y127.9%
EPS Next 3Y94.76%
5. Dividend
5.1 Amount
PNE3 has a yearly dividend return of 0.62%, which is pretty low.
In the last 3 months the price of PNE3 has falen by -27.22%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
PNE3's Dividend Yield is a higher than the industry average which is at 1.92.
Compared to an average S&P500 Dividend Yield of 2.38, PNE3's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
5.2 History
On average, the dividend of PNE3 grows each year by 15.45%, which is quite nice.
Dividend Growth(5Y)15.45%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
The earnings of PNE3 are negative and hence is the payout ratio. PNE3 will probably not be able to sustain this dividend level.
PNE3's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-28.27%
EPS Next 2Y127.9%
EPS Next 3Y94.76%
FRA:PNE3 (10/17/2025, 7:00:00 PM)
10.96
-0.16 (-1.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners42.73%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap839.54M
Analysts86
Price Target19.94 (81.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
Yearly Dividend0.08
Dividend Growth(5Y)15.45%
DP-28.27%
Div Incr Years1
Div Non Decr Years6
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-38.54%
EPS NY rev (3m)118.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.56 | ||
| P/S | 3.75 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.94 | ||
| P/tB | 8.06 | ||
| EV/EBITDA | 28.42 |
EPS(TTM)-0.31
EYN/A
EPS(NY)0.34
Fwd EY3.07%
FCF(TTM)-2.75
FCFYN/A
OCF(TTM)-2.33
OCFYN/A
SpS2.92
BVpS2.22
TBVpS1.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.84% | ||
| ROE | -13.94% | ||
| ROCE | 2.6% | ||
| ROIC | 1.83% | ||
| ROICexc | 1.94% | ||
| ROICexgc | 2.08% | ||
| OM | 12.56% | ||
| PM (TTM) | N/A | ||
| GM | 72.42% | ||
| FCFM | N/A |
ROA(3y)-0.1%
ROA(5y)0.59%
ROE(3y)-1.68%
ROE(5y)1.34%
ROIC(3y)1.04%
ROIC(5y)1.02%
ROICexc(3y)1.15%
ROICexc(5y)1.19%
ROICexgc(3y)1.25%
ROICexgc(5y)1.32%
ROCE(3y)1.47%
ROCE(5y)1.45%
ROICexcg growth 3Y23.79%
ROICexcg growth 5Y-10.31%
ROICexc growth 3Y25.79%
ROICexc growth 5Y-7.56%
OM growth 3Y22.83%
OM growth 5Y4.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.79%
GM growth 5Y6.82%
F-Score1
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.26 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.37 | ||
| Cap/Depr | 93.26% | ||
| Cap/Sales | 14.22% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 0.91 |
F-Score1
WACC5.53%
ROIC/WACC0.33
Cap/Depr(3y)170.23%
Cap/Depr(5y)214.47%
Cap/Sales(3y)37.75%
Cap/Sales(5y)44.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.34%
EPS Next Y242.75%
EPS Next 2Y127.9%
EPS Next 3Y94.76%
EPS Next 5Y43.71%
Revenue 1Y (TTM)78.86%
Revenue growth 3Y21.35%
Revenue growth 5Y9.64%
Sales Q2Q%57.53%
Revenue Next Year14.48%
Revenue Next 2Y20.64%
Revenue Next 3Y18.7%
Revenue Next 5Y8.36%
EBIT growth 1Y1003.25%
EBIT growth 3Y49.06%
EBIT growth 5Y14.49%
EBIT Next Year200.99%
EBIT Next 3Y68.79%
EBIT Next 5Y41.71%
FCF growth 1Y-82.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-229.12%
OCF growth 3YN/A
OCF growth 5YN/A