Porsche holding extremly undervalued?

- Porsche is involved in owning itself through Volkswagen - There are two kinds of Porsche stocks: $P911 for the manufacturing company primarily owned by Volkswagen and $PAH3 for the holding company that owns the majority of Volkswagen stock - $PAH3 is undervalued with a P/E ratio of 2.53 - Buying $PAH3 means buying the Porsche manufacturing company at a 30-40% discount, plus other stocks that Volkswagen owns.

🚨 Reddit sentiment: mixed/negative - Comments reflect mixed sentiments but tend to lean negative due to concerns over low shareholder returns, complex ownership structure, and VW's risky investment outlook and poor performance in China. Summarized comments: - Porsche Holding SE is priced at 1/10 of their actual book value due to low shareholder returns - The majority owners, the Porsche family, prefer maintaining power over being rich on paper - The company uses almost all its cash flow for spending and paying down debt, with no significant shareholder returns expected - There is concern over VW being a risky investment, dampening appeal for Porsche Holding SE - Investors may be deterred by the complex ownership structure and the general holding company discount - Some believe that complex ownership structures and low shareholder returns are significant hurdles - China, a key growth market for VW, is down 12% for 2023, which could pose significant long-term issues - There is skepticism around VW's care for its shareholders or its stock price - The ADR for Porsche Holding SE available in the US is $POAHY - Confusion exists around why Porsche's market cap is more valuable than VW given it only owns 30% of VW Stock tickers discussed: $POAHY, Volkswagen