DRPRF (Dr. Ing. h.c. F. Porsche AG) Owner Earnings per Share (TTM): 0.27 (As of Mar. 2026) — 99% Below Median


DRPRF Dr. Ing. h.c. F. Porsche AG DRPRF
77 GF Score
Price $51.05
GF Value $65.47
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Dr. Ing. h.c. F. Porsche AG Owner Earnings per Share (TTM)?

Dr. Ing. h.c. F. Porsche AG DRPRF +1.00% 77 Owner Earnings per Share (TTM) is 0.27 as of Mar. 2026, which is 99% below its 10-year median of 27.11. GuruFocus rates DRPRF with a GF Score™ of 77/100 and a GF Value™ of $65.47 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 712 Vehicles & Parts companies, Dr. Ing. h.c. F. Porsche AG ranks worse than 94.94% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) ended in Mar. 2026 was $0.27. It's Price-to-Owner-Earnings ratio for today is 189.07.


The historical rank and industry rank for Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) or its related term are showing as below:

DRPRF' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.93   Med: 27.11   Max: 280
Current: 188.83


During the past 8 years, the highest Price-to-Owner-Earnings ratio of Dr. Ing. h.c. F. Porsche AG was 280.00. The lowest was 6.93. And the median was 27.11.


DRPRF's Price-to-Owner-Earnings is ranked worse than
94.94% of 712 companies
in the Vehicles & Parts industry
Industry Median: 15.475 vs DRPRF: 188.83

Dr. Ing. h.c. F. Porsche AG's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.50. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.39. It's PE Ratio (TTM) ratio for today is 132.60.

Dr. Ing. h.c. F. Porsche AG's EPS without NRI for the three months ended in Mar. 2026 was $0.50. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.39. It's PE Ratio without NRI ratio for today is 132.60.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Dr. Ing. h.c. F. Porsche AG Owner Earnings per Share (TTM) Related Terms


Dr. Ing. h.c. F. Porsche AG Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dr. Ing. h.c. F. Porsche AG Owner Earnings per Share (TTM) Chart

Dr. Ing. h.c. F. Porsche AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 12.08 11.99 0.00 0.20

Dr. Ing. h.c. F. Porsche AG Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.98 0.20 0.27

DRPRF vs TSLA, GM, F: Owner Earnings per Share (TTM) Comparison

For the Auto Manufacturers subindustry, Dr. Ing. h.c. F. Porsche AG's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dr. Ing. h.c. F. Porsche AG Price-to-Owner-Earnings vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dr. Ing. h.c. F. Porsche AG's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Dr. Ing. h.c. F. Porsche AG's Price-to-Owner-Earnings falls into.


DRPRF
77GF Score
Dr. Ing. h.c. F. Porsche AG DRPRF
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dr. Ing. h.c. F. Porsche AG Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 355
Depreciation, Depletion and Amortization 6,352
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 3,680
Change In Working Capital -2,524
Shares Outstanding (Diluted Average) 928

1. Start with "Net Income" from income statement. Dr. Ing. h.c. F. Porsche AG's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $355 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Dr. Ing. h.c. F. Porsche AG's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was $6,352 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Dr. Ing. h.c. F. Porsche AG's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $3,680 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Dr. Ing. h.c. F. Porsche AG's 5-Year Average Maintenance Capital Expenditure = $3,680 Mil

5. "Change In Working Capital" is from cashflow statement. Dr. Ing. h.c. F. Porsche AG's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was $-2,524 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Dr. Ing. h.c. F. Porsche AG's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 927.907 Mil.

Dr. Ing. h.c. F. Porsche AG's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 355.288 +6351.594+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-3680.442308533+-2524.341)/927.907
=0.27

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=51.05/0.27
=189.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Owner Earnings per Share (TTM) of 0.27 mean?
Dr. Ing. h.c. F. Porsche AG (DRPRF) has a Owner Earnings per Share (TTM) of 0.27 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Dr. Ing. h.c. F. Porsche AG. This is 99% below median its historical median of 27.11. Over the past decade, Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) has ranged from 6.93 to 280.00. According to the industry distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #676 out of 712 companies in the Vehicles & Parts industry, placing it in the top 94.9%.
Is Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) too high?
Dr. Ing. h.c. F. Porsche AG's current Owner Earnings per Share (TTM) of 0.27 is 99% below median its 10-year median of 27.11. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 280.00. The Vehicles & Parts industry median Owner Earnings per Share (TTM) is 15.48. Dr. Ing. h.c. F. Porsche AG's value of 0.27 is 98.3% below this industry median. Based on the distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #676 out of 712 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Dr. Ing. h.c. F. Porsche AG has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dr. Ing. h.c. F. Porsche AG's Owner Earnings per Share (TTM) compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #676 out of 712 companies for Owner Earnings per Share (TTM). This places Dr. Ing. h.c. F. Porsche AG in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 15.48. Dr. Ing. h.c. F. Porsche AG's value of 0.27 is 98.3% below this benchmark. Historically, Dr. Ing. h.c. F. Porsche AG's own Owner Earnings per Share (TTM) has ranged from 6.93 to 280.00 over the past decade. While the company's 10-year median is 27.11 vs. the industry median of 15.48, Dr. Ing. h.c. F. Porsche AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Vehicles & Parts company?
The median Owner Earnings per Share (TTM) among Vehicles & Parts companies is 15.48, based on 712 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dr. Ing. h.c. F. Porsche AG's current Owner Earnings per Share (TTM) of 0.27 is 98.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Dr. Ing. h.c. F. Porsche AG. For the Vehicles & Parts industry, the median Owner Earnings per Share (TTM) is 15.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Ing. h.c. F. Porsche AG's current Owner Earnings per Share (TTM) is 0.27, which is 99% below median its own 10-year median of 27.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Ing. h.c. F. Porsche AG stock overvalued right now?
Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG (DRPRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $65.47, compared to a current price of $51.05 — trading 22% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.27, which is 99% below median its 10-year median of 27.11 and 98.3% below the Vehicles & Parts industry median of 15.48. Dr. Ing. h.c. F. Porsche AG's overall GF Score™ is 77/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Dr. Ing. h.c. F. Porsche AG (DRPRF), the current Owner Earnings per Share (TTM) is 0.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dr. Ing. h.c. F. Porsche AG (DRPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG stock appears to be undervalued. The current stock price of $51.05 is trading 22% below its estimated GF Value™ of $65.47. GuruFocus considers Dr. Ing. h.c. F. Porsche AG to be Modestly Undervalued.

Key valuation signals for DRPRF:

  • Owner Earnings per Share (TTM): 0.27 (99% below median its 10-year median of 27.11)
  • GF Value™: $65.47 vs. price of $51.05 (22% below fair value)
  • GF Score™: 77/100 with 13 warning signs
  • Industry Position: 98.3% below the Vehicles & Parts median (#676 of 712)

No single metric tells the full story. See the DRPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dr. Ing. h.c. F. Porsche AG Business Description

Address Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury, but it produces cars on a much larger scale than its superluxury peers. Porsche sold 279,000 vehicles in 2025 at an average price of EUR 130,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 34%, 31%, 15%, and 20% of volume in 2025, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from the captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.
77GF Score

Get the complete analysis for DRPRF

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.05
Price
$65.47
GF Value