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Orientador(es)
Resumo(s)
This work project assesses the value of Porsche AG at the time of its IPO on September 29,2022.
The analysis begins with an examination of the motivations behind the IPO, Porsche’s unique
positioning in the marker as either a luxury or premium brand as well as identifying relevant
comparable companies.
Findings from the valuation suggest that Porsche AG’s IPO was launched at a discounted price.
This underpricing may be attributed to challenging conditions in the automotive industry still
affected by the lingering impacts of the COVID-19 pandemic. Other reasons may fall to the
company’s complex corporate structure closely linked to Volkswagen AG.
Descrição
Palavras-chave
IPO valuation Porsche Overpricing/underpricing Equity Carve Out
