Employees: 681
Size Pne (PNE3.DE) is a Germany Utilities company (Alternative Power Generation) with a market value of $442M, the 180th largest of 205 Germany companies the cockpit tracks. Shares closed at €5.16 on 6 Nov 2026.
Performance Over six months the shares fell 47.2%, against -34.0% for the median peer and +2.6% for the Germany market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue grew 13.2% over the last twelve months (peer median +16.3%); the operating margin is 13.9% (peer median 20.6%).
Valuation It trades at 4.6× enterprise value to sales against a peer median of 6.3× (9th cheapest of 21).
Capital Return on invested capital runs 2.3 points below its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €253M | €230M | €210M | €122M | €126M |
| Revenue growth | — | +9% | +73% | -4% | — |
| Gross profit | €98.0M | €72.6M | €68.3M | €32.9M | €30.2M |
| EBITDA | €77.8M | €65.9M | €63.6M | €29.8M | €28.7M |
| Net income | -€30.3M | -€43.1M | -€4.40M | -€9.55M | €14.9M |
| Free cash flow | -€85.2M | -€154M | -€211M | -€192M | -€105M |
| Capital expenditure | €91.4M | €104M | €34.7M | €25.5M | €95.6M |
| Total debt | €827M | €809M | €893M | €767M | €572M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PNE3.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.9% | -9.5% | 2nd lowest of 21 |
| 6-month return | -47.2% | -34.0% | lowest of 20 |
| Distance from 52-week high | -56.5% | -43.9% | 3rd lowest of 21 |
| Revenue growth (TTM) | +13.2% | +16.3% | 9th lowest of 21 |
| Operating margin | 13.9% | 20.6% | 9th lowest of 21 |
| EV / Sales | 4.6× | 6.3× | 9th cheapest of 21 |
| ROIC minus cost of capital | -2.3 pp | -1.8 pp | 8th lowest of 21 |
| EV / EBITDA | 14.9× | 17.1× | 6th cheapest of 14 |
| Net debt / EBITDA | 9.9× | 7.0× | 7th most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Pne PNE3.DE | Germany | $442M | -47% | +13% | 14% | 4.6× | n/a | n/a |
| West 1407.T | Japan | $490M | -34% | +20% | 23% | 2.5× | -4.9% | -3.6% |
| RENOVA 9519.T | Japan | $397M | -38% | +14% | 5% | 4.4× | 23.9% | +33.6% |
| EnergieKontor EKT.DE | Germany | $383M | -45% | +54% | 19% | 5.0× | n/a | n/a |
| Inox Green Energy Services INOXGREEN.NS | India | $537M | -37% | +16% | 2% | 18.1× | n/a | n/a |
| Zhejiang Sunoren Solar Technology 603105.SS | China | $608M | -17% | +8% | 23% | 7.6× | 3.7% | +11.6% |
| KPI Green Energy KPIGREEN.NS | India | $615M | -40% | +40% | 30% | 2.1× | n/a | n/a |
| Guangdong Chant 002616.SZ | China | $617M | -21% | -3% | 7% | 2.1× | -4.3% | +3.8% |
| Century Wind Power 2072.TW | Taiwan | $618M | -41% | +62% | 22% | 1.3× | -17.2% | +41.9% |
| Shanghai Nenghui Technology 301046.SZ | China | $680M | +8% | -49% | -13% | 6.9× | n/a | n/a |
| Waaree Renewable Technologies WAAREERTL.NS | India | $810M | -30% | +78% | 17% | 2.4× | 24.1% | +203.3% |
| Xinyi Energy 3868.HK | Hong Kong | $863M | -38% | +2% | 54% | 5.8× | -2.6% | +9.1% |
| SK Eternix 475150.KS | South Korea | $949M | -35% | +39% | 9% | 3.1× | n/a | n/a |
| Cox Infrastructure COXG.MC | Spain | $1.05B | -12% | +72% | 9% | 2.6× | n/a | n/a |
| Alerion Clean Power ARN.MI | Italy | $1.11B | -35% | +13% | 51% | 7.8× | n/a | n/a |
| XPLR Infrastructure, LP XIFR | United States | $1.38B | -38% | -1% | 3% | 11.8× | n/a | n/a |
| Scatec SCATC.OL | Norway | $1.50B | -16% | +16% | 29% | 10.3× | n/a | n/a |
| Juniper Green Energy JNPR.NS | India | $1.54B | n/a | +1,313% | 52% | 37.9× | n/a | n/a |
| Clean Max Enviro Energy Solutions CLEANMAX.NS | India | $1.57B | +8% | +28% | 44% | 16.0× | n/a | n/a |
| Nyocor 600821.SS | China | $1.63B | -29% | -12% | 12% | 12.0× | 6.8% | +20.6% |
| Jiaze Renewables 601619.SS | China | $1.65B | -34% | -5% | 43% | 10.3× | 0.2% | +19.7% |