- Porsche’s operating return on sales for the first half of 2024 was 15.7%, which is above the estimate of 14.9% but lower than last year’s 18.9%.
- Revenue for the first half of 2024 reached EUR 19.46 billion, a 4.7% decrease from last year, but it exceeded the estimate of EUR 19.19 billion.
- Operating profit for the same period was EUR 3.06 billion, marking a 21% decline year-over-year, yet it surpassed the estimate of EUR 2.89 billion.
- Automotive net cash flow was EUR 1.12 billion, a 50% drop from the previous year; however, it still came in above the estimate of EUR 1.04 billion.
- On July 23, Porsche AG adjusted its 2024 forecast due to significant supply shortages of special aluminium alloys from various suppliers.
- Despite immediate countermeasures, the supply shortage is expected to result in production impairments that will not be fully compensated throughout the year.
Dr Ing hc F Porsche on Smartkarma
Analysts on Smartkarma, such as Nicolai Tangen from ‘In Good Company,’ have closely examined Dr Ing hc F Porsche, delving into aspects like leadership, iconic cars, and Chinese competition. Tangen’s bullish perspective highlights Porsche’s strong brand association with motorsport success, emphasizing drivability, innovation, and top performance both on and off the racetrack. The iconic nature of the number 911, symbolizing Porsche’s first edition introduced in 1963, further underscores the brand’s heritage and focus on delivering sporty, exclusive driving experiences.
A look at Dr Ing hc F Porsche Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Dr. Ing hc F Porsche, known for manufacturing passenger vehicles including sports cars and SUVs, has a mixed outlook based on Smartkarma Smart Scores. With a Value score of 2, the company may not be considered undervalued in the market. However, its Dividend score of 4 suggests a strong potential for providing dividends to investors. In terms of Growth, the company has a score of 3, indicating moderate growth prospects. Dr Ing hc F Porsche’s Resilience score of 4 implies a resilience against market volatility, while its Momentum score of 2 reflects a slower pace of upward movement in the market. Overall, despite some positive indicators such as dividends and resilience, the company may face challenges in terms of value and momentum.
Dr. Ing hc F Porsche Aktiengesellschaft caters to a global customer base with its range of luxury vehicles and financial services. While the company shows strength in providing dividends and displaying resilience, there are areas such as value and momentum that may warrant closer attention. Investors considering Dr Ing hc F Porsche should weigh these factors carefully to make informed decisions about the long-term potential of the company in the automotive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
