profit from every €100 of sales.
PNE
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What PNE sold, what it kept, and what it did with the cash.
Sales went from €126 million in 2022 to €230 million in 2025, with -€43.1 million of profit last year.
PNE vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| PNE | No profit yet | ||
China Yangtze Power | 21.2× · Fair price | ||
Huaneng Lancang River Hydropower | 24.0× · Fair price | ||
Verbund | 17.2× · Fair price | ||
Huadian New Energy Group | 22.9× · Fair price |
AI analysis
An AI analyst reads PNE's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 126 | 122 | 210 | 230 | |
| 95 | 110 | 155 | 173 | |
| 5 | 5 | 34 | 30 | |
| 65 | 41 | 70 | 49 | |
| 15 | -10 | -4 | -43 | |
| 0.20 | -0.13 | -0.06 | -0.56 | |
| 75.6% | 90.2% | 73.7% | 75.1% | |
| 3.8% | 4.0% | 16.3% | 13.1% | |
| 11.8% | -7.9% | -2.1% | -18.7% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 920 | 1,104 | 1,262 | 1,182 |
| Cash | 122 | 90 | 92 | 78 |
| Total debt | 570 | 781 | 893 | 809 |
| Total liabilities | 688 | 905 | 1,067 | 1,027 |
| 238 | 203 | 198 | 156 | |
| 76 | 76 | 77 | 77 | |
| 3.1% | 0.5% | 2.3% | 0.5% | |
| 6.3% | -4.7% | -2.2% | -27.7% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -9 | -166 | -177 | -50 | |
| 96 | 26 | 35 | 104 | |
| -105 | -192 | -211 | -154 | |
| Dividends paid | 6 | 6 | 6 | 7 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 5.1×
- 1.7×
- –
- 22.7×
- -40.3%
- -11.3%
- 1.8%
Profitability
- 75.1%
- 13.1%
- -18.7%
- –
- 0.5%
- 1.6%
- –
- –
- –
- –
Growth
- +22.2%
- –
- –
- –
- +0.1%
Financial health
- 15.3×
- 5.19
- –
- 0.3×
- 1.38
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about PNE
Is PNE a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PNE AI analysis
What does PNE do?
PNE AG engages in the planning, construction, and operation of wind farms and transformer stations in Germany and internationally. The company operates in three segments: Project Development, Power Generation, and Service Products. It is in Utilities - Renewable, based in Cuxhaven, Germany, with 666 employees.
Does PNE pay a dividend?
Yes. At today's price the dividend is 1.8% a year. In 2025 it paid out €6.70 million in dividends.
Is PNE stock halal?
No. PNE does not pass our halal screen: its debt is 212% of its market value, at or above the 33% limit. How we check
Who are PNE's competitors?
The largest listed companies in the same industry are China Yangtze Power, Huaneng Lancang River Hydropower, Verbund and Huadian New Energy Group. The peers table on this page compares their profit, growth and price with PNE's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



