Porsche Holding SE: Cheap For Good Reasons (OTCMKTS:POAHY)


Lustiger und crazy Fahrer

What Porsche Holding shareholders ultimately own doesn’t look like a Porsche.

lucato/iStock via Getty Images

Heisenberg In Action

While I was looking at Porsche Holding SE (OTCPK:POAHY) (OTCPK:POAHF), it often felt like an example of Heisenberg’s “Uncertainty Principle”:

It states

Volkswagen, 53.3% of voting stock

€18.28B

Porsche AG, 25% of voting stock

€10.73B

Other holdings (estimate)

€0.2B

Net debt

€6.7B

NAV

€22.51B

NAV/share

€73.5

Market cap

€13.4B

Current share price

€43.78

Discount to NAV

40%



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *