Porsche Is Only Worth Almost Half Of Hoped For IPO Figure, Analysts Claim | Carscoops carscoops
. But some analysts think its true value could be little more than half of that figure.
Earlier reports in financial media suggested Porsche could be worth between €60-85 billion , and parent company Volkswagen will have its fingers crossed that it realizes the higher number, or at least comes close. But market experts at HSBC Holdings reckon the performance car brand is really only worth €44.5-56.9 billion .
HSBC’s analysts warned that Porsche’s pricing power – the ability to raise prices without weakening demand – could slip back as the car industry recovers from parts shortages and the supply of vehicles improves,
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