Porsche Automobil Holding SE (PAHA) - Net Assets
Based on the latest financial reports, Porsche Automobil Holding SE (PAHA) has net assets worth €37.82 Billion EUR (≈ $44.21 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€45.02 Billion ≈ $52.63 Billion USD) and total liabilities (€7.20 Billion ≈ $8.42 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PAHA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €37.82 Billion |
| % of Total Assets | 84.0% |
| Annual Growth Rate | 2.35% |
| 5-Year Change | -10.38% |
| 10-Year Change | N/A |
| Growth Volatility | 16.42 |
Porsche Automobil Holding SE - Net Assets Trend (2017–2025)
This chart illustrates how Porsche Automobil Holding SE's net assets have evolved over time, based on quarterly financial data. See Porsche Automobil Holding SE defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Porsche Automobil Holding SE (2017–2025)
The table below shows the annual net assets of Porsche Automobil Holding SE from 2017 to 2025. For live valuation and market cap data, see market cap of Porsche Automobil Holding SE.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €37.82 Billion ≈ $44.21 Billion |
+7.72% |
| 2024-12-31 | €35.11 Billion ≈ $41.04 Billion |
-36.28% |
| 2023-12-31 | €55.10 Billion ≈ $64.41 Billion |
+7.16% |
| 2022-12-31 | €51.42 Billion ≈ $60.11 Billion |
+21.85% |
| 2021-12-31 | €42.20 Billion ≈ $49.33 Billion |
+17.39% |
| 2020-12-31 | €35.95 Billion ≈ $42.02 Billion |
+1.88% |
| 2019-12-31 | €35.28 Billion ≈ $41.25 Billion |
+5.64% |
| 2018-12-31 | €33.40 Billion ≈ $39.05 Billion |
+6.33% |
| 2017-12-31 | €31.41 Billion ≈ $36.72 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Porsche Automobil Holding SE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €31.86 Billion | 84.23% |
| Other Components | €5.96 Billion | 15.77% |
| Total Equity | €37.82 Billion | 100.00% |
Porsche Automobil Holding SE Competitors by Market Cap
The table below lists competitors of Porsche Automobil Holding SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GREEK O.FOOTB. ADR 1/2
F:GF8A
|
$5.41 Billion |
|
Bank Ozk
NASDAQ:OZK
|
$5.41 Billion |
|
Vipshop Holdings Limited
F:1VPA
|
$5.41 Billion |
|
Hedef Holdings AS
IS:HEDEF
|
$5.41 Billion |
|
Gentex Corporation
NASDAQ:GNTX
|
$5.40 Billion |
|
Taiwan Business Bank
TW:2834
|
$5.40 Billion |
|
Huali Industrial Group Company Limited
SHE:300979
|
$5.40 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$5.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Porsche Automobil Holding SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,108,000,000 to 37,817,000,000, a change of 2,709,000,000 (7.7%).
- Net income of 2,651,000,000 contributed positively to equity growth.
- Dividend payments of 584,000,000 reduced retained earnings.
- Other factors increased equity by 642,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.65 Billion | +7.01% |
| Dividends Paid | €584.00 Million | -1.54% |
| Other Changes | €642.00 Million | +1.7% |
| Total Change | €- | 7.72% |
Book Value vs Market Value Analysis
This analysis compares Porsche Automobil Holding SE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €102.56 | €3.02 | x |
| 2018-12-31 | €109.05 | €3.02 | x |
| 2019-12-31 | €115.21 | €3.02 | x |
| 2020-12-31 | €117.37 | €3.02 | x |
| 2021-12-31 | €137.78 | €3.02 | x |
| 2022-12-31 | €167.89 | €3.02 | x |
| 2023-12-31 | €179.91 | €3.02 | x |
| 2024-12-31 | €114.64 | €3.02 | x |
| 2025-12-31 | €123.48 | €3.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Porsche Automobil Holding SE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.65%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.19x
- Recent ROE (7.01%) is above the historical average (2.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.61% | 9800.00% | 0.00x | 1.01x | €191.00 Million |
| 2018 | 10.40% | 3371.84% | 0.00x | 1.01x | €133.20 Million |
| 2019 | 12.49% | 3799.14% | 0.00x | 1.01x | €878.70 Million |
| 2020 | 7.30% | 2474.53% | 0.00x | 1.01x | €-971.50 Million |
| 2021 | 10.82% | 153.48% | 0.07x | 1.01x | €346.40 Million |
| 2022 | 9.31% | 2704.52% | 0.00x | 1.14x | €-354.70 Million |
| 2023 | 9.21% | 93.53% | 0.09x | 1.13x | €-435.60 Million |
| 2024 | -57.02% | 0.00% | -0.46x | 1.22x | €-23.53 Billion |
| 2025 | 7.01% | 96.65% | 0.06x | 1.19x | €-1.13 Billion |
Industry Comparison
This section compares Porsche Automobil Holding SE's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $43,782,335,307
- Average return on equity (ROE) among peers: -1.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Porsche Automobil Holding SE (PAHA) | €37.82 Billion | 10.61% | 0.19x | $5.41 Billion |
| Guangzhou Automobile Group Co. Ltd (02G) | $77.92 Billion | 13.99% | 0.70x | $836.75 Million |
| Niu Technologies (0O9) | $931.28 Million | -20.75% | 1.81x | $153.60 Million |
| BAIC Motor Corp Ltd (2B5) | $59.64 Billion | 3.78% | 1.81x | $311.20 Million |
| XPENG INC. CL.A DL-00001 (8XP) | $30.37 Billion | -3.75% | 2.40x | $10.71 Billion |
| XPENG INC. SP.ADS/2 CL.A (8XPA) | $36.91 Billion | -24.76% | 0.94x | $11.47 Billion |
| ASTON MART.LA.UADR LS-001 (A5S0) | $611.40 Million | -31.34% | 3.65x | $390.66 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BMW) | $42.76 Billion | 14.89% | 3.03x | $40.46 Billion |
| Bayerische Motoren Werke Aktiengesellschaft (BMW3) | $75.13 Billion | 16.48% | 2.05x | $3.87 Billion |
| China Yuchai International Limited (CYD) | $9.99 Billion | 5.16% | 0.86x | $1.39 Billion |
| Dongfeng Motor Group Company Limited (D4D) | $103.56 Billion | 12.90% | 0.79x | $3.00 Billion |
About Porsche Automobil Holding SE
Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, "KODA, Cupra Bentley, Lamborghini, Ducati, and Porsche brand names. The … Read more