Porsche IPO's valuation was reduced to 60 billion euros. What's wrong with Porsche?

Not long ago, when Porsche announced that he was going to sprint the IPO, we were still discussing how successful Porsche was a company. What's wrong with Porsche? What should we think of Porsche's valuation decrease?

1. Porsche's valuation decreases to 60 billion euros?

According to interface news, Porsche's IPO plan was launched in February this year. Volkswagen and its largest shareholder Porsche SE jointly drafted a preliminary agreement to promote the listing of this luxury car manufacturer. At that time, the outside world believed that this would be one of the largest IPO activities in automobile history. Some banking staff believe that Porsche's IPO valuation will exceed 80 billion euros.

It is affected by multiple factors. Porsche may need to choose to reduce prices than usual, so as to ensure the success of this IPO -relevant persons said, "Faced with these issues, Porsche may need to reduce the value of the IPO to 60 billion euros." One of the news messages People added: "Porsche will not accept a lower price than this."

In fact, once Porsche's IPO plan has caused heated discussions in the industry as soon as it flows out. A Porsche relevant person said that the owner of the brand cannot actually reach the question of what kind of valuation listing the selection of Porsche. Consistent. In addition, investors have different opinions on what ways should Porsche make a valuation.

This week, Porsche's senior managers outlined their business plans to the outside world. CFO Lutz Meschke said that Porsche had considerable "financial elasticity" and also fully prepared for subsequent actions. In fact, at the product level, Porsche this week did reveal a new model on its capital market: internal code K1, full -size pure electric SUV, which is more positioned than Cayenne, and is expected to be launched in 2025.

2. What's wrong with Porsche?

At this time, I saw Porsche's IPO valuation dropped to 60 billion euros at once, and many people would be surprised. Why would Porsche a large -scale decline in valuation? How can we view Porsche's current valuation decline?

First of all, objectively speaking, the current Porsche has a decline in valuation. In fact, it is not surprising at all. This is because the current market is actually facing a relatively large market pressure for any listed company. The reason is that the entire economic situation is currently not good. For listed companies, if the overall economic situation is not good enough, the pressure on the listed company will face great, so we see that on the current market, listed companies are actually actually listed companies. Facing a relatively large market competition, in such a big background, if the previous valuations are too high before, there are actually a certain process of valuation recovery. The common results of European geopolitical influence and multiple factors of economic downward pressure.

Secondly, let's look at the valuation of Porsche when it was listed at the time. How could it be judged? In fact, the valuation of Porsche at that time was because the entire new energy vehicle industry was on the capital market. For the market status at the time, Porsche's valuation is also very normal. After all, everyone still believes that Porsche can make a difference in the new energy vehicle market, so Porsche's high valuation is logical, but With the development of the market, especially in the market fluctuations in recent months, Porsche's valuation advantage is actually rapid decline. For the current Porsche, because the advantages of the new energy vehicle market are not so obvious, Porsche's valuation valuation value The reduction seems to be normal.

Third, from the perspective of long -term market development, Porsche's current valuation decline, we still need to use a more objective and calm attitude to analyze and judge. In fact, it can attract more investors to invest in themselves. For Porsche, on the one hand, you can obtain more financial support through financing, and on the other hand, you also hope to continuously improve your market influence through financing and enable yourself to have more market advantages in the future. More investors come to invest, which is undoubtedly conducive to Porsche's own development.

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