Porsche Ag - ipo valuation - analyzing the influence of external effects on ipo underpricing in the Us market: a focus on industrial, consumer cyclical, and technology sectors

Abstract

This study delves into the Porsche AG IPO held on September 29, 2022. It employs various valuation methods such as DCF, APV, CCA and CTA to assess the intrinsic value of Porsche AG. The findings indicate that the IPO price was set lower than the company’s actual value. Furthermore, this work investigates specific external market factors that are contributing to the phenomenon of underpricing in IPOs. By analyzing these market dynamics focusing on the US market, specifically the NASDAQ stock exchange, this work offers insights into the complexities of IPO valuations and the broader impacts they have.