PNE AG/€PNE3
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About PNE AG
PNE AG, headquartered in Cuxhaven, Germany, specializes in the development, financing, construction, and operation of renewable energy projects, focusing on onshore and offshore wind farms, photovoltaic systems, and energy storage solutions. Founded in 1995, the company operates in 14 countries across Europe, Africa, and the Americas, employing approximately 680 individuals. PNE's comprehensive service portfolio includes project planning, construction management, operational management, and power purchase agreements. The company also engages in power-to-X technologies, emphasizing hydrogen production. PNE's strategic positioning encompasses the entire renewable energy value chain, offering integrated solutions from project inception to operation. (,)
- Ticker
- €PNE3
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 633
- Headquarters
- Cuxhaven, Germany
- Website
- www.pnegroup.com
PNE AG Metrics
BasicAdvanced
€395M
-
-€0.36
0.14
€0.04
0.77%
Price and volume
Market cap
€395M
Beta
0.14
52-week high
€11.92
52-week low
€5.45
Average daily volume
75K
Dividend rate
€0.04
Financial strength
Current ratio
1.173
Quick ratio
0.438
Long term debt to equity
5.402
Total debt to equity
6.3
Interest coverage (TTM)
1.76%
Profitability
EBITDA (TTM)
88.9
Gross margin (TTM)
77.73%
Net profit margin (TTM)
-10.74%
Operating margin (TTM)
22.16%
Effective tax rate (TTM)
-4,457.14%
Revenue per employee (TTM)
€400,000
Management effectiveness
Return on assets (TTM)
2.91%
Return on equity (TTM)
-21.41%
Valuation
Price to revenue (TTM)
1.564
Price to book
2.95
Price to tangible book (TTM)
5.86
Price to free cash flow (TTM)
-4.648
Free cash flow yield (TTM)
-21.51%
Free cash flow per share (TTM)
-1.112
Dividend yield (TTM)
0.77%
Forward dividend yield
0.77%
Growth
Revenue change (TTM)
13.24%
Earnings per share change (TTM)
47.70%
3-year revenue growth (CAGR)
24.52%
10-year revenue growth (CAGR)
11.88%
3-year earnings per share growth (CAGR)
41.46%
10-year earnings per share growth (CAGR)
1.69%
What the Analysts think about PNE AG
Analyst ratings (Buy, Hold, Sell) for PNE AG stock.
Analyst projections of the future price of PNE AG stock.
Bulls say / Bears say
In the first half of 2026, normalised EBITDA rose to €27.4 million from €4.7 million a year earlier, while EBIT turned positive at €8.5 million. That is a marked operating improvement, even though the company is not yet profitable at the earnings-per-share level. (EQS News)
PNE’s wind and solar project pipeline stood at 21.7 GW at the end of June, broadly unchanged despite project sales. The company also reported substantial new permits in Germany and international markets, advancing projects towards later development stages. (NewMediaWire)
PNE has sold eleven projects with about 361 MW of capacity in Germany, Poland and France so far in 2026, showing that it can convert development work into transactions. A separate 153 MW Polish project sale adds evidence of buyer interest in its pipeline. (NewMediaWire, EQS News)
PNE cut its 2026 normalised EBITDA outlook to €65–80 million from €110–140 million, as sales take longer and permitting delays push expected project contributions into 2027. The scale of the cut highlights how exposed near-term earnings are to project timing. (EQS News)
Basic earnings per share remained negative at €0.23 in the first half of 2026, despite the improvement in operating results. The recovery has therefore not yet translated into positive earnings for shareholders. (EQS News)
At the end of June, PNE reported net debt of €723.5 million, cash of €56.9 million and an equity ratio of 11.6%. Much of its bank debt is non-recourse project financing, but the figures still leave the group sensitive to delays and funding needs. (EarningsCalls.dev)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.
PNE AG Financial Performance
Revenues and expenses
PNE AG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing PNE AG
AllEURUSDGBP
Fund name | Fund size | €PNE3 weighting |
|---|---|---|
Vanguard Germany All Cap£VGER | €258M | 0.01% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.01% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.01% |
Vanguard ESG Developed Europe All Cap£V3EA | €125M | 0.00% |
Vanguard ESG Developed Europe All Cap£V3EL | €35M | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.