The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

PNE3.DE

Concerning the House

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 involved in the development and sale of onshore and offshore wind energy; photovoltaics (PV), providing hybrid solutions for wind, PV, battery, and hydrogen storage; technical and commercial management; construction management and grid connection; financial services; technical tests; and energy supply services. The company was formerly known as PNE WIND AG and changed its name to PNE AG in June 2018. PNE AG was founded in 1995 and is based in Cuxhaven, Germany.

Germany · www.pnegroup.com

The Ledger
LineDec 2024Mar 2025Jun 2025Sep 2025
Revenue$132.80M$27.90M$46.00M$68.40M
Gross profit$86.80M$21.60M$30.60M$47.90M
Operating income$25.50M-$7.00M-$7.00M$11.80M
Net income$35.70M-$10.80M-$19.70M-$5.80M
Diluted EPS-0.14-0.26-0.08
Free cash flow-$8.80M-$33.20M-$75.10M-$29.60M
CapEx-$10.30M-$9.30M-$6.10M-$2.40M
Quotation

$7.70

-0.26 (-3.3%)

52w hi$14.52
52w lo$7.59
Vol300.57K
As ofAug 13
The Verdict

Hold

Our score -0.25

Short-0.01
Medium-0.41
Long-0.40

computed 2026-08-13

By the Numbers

PNE AG

Utilities · Utilities - Renewable

Market cap$569.93M
Enterprise value$1.34B
Trailing P/E
Forward P/E24.80x
EV / EBITDA16.70x
P / S (ttm)2.20x
Profit margin-14.2%
Return on equity-24.1%
Revenue growth+101.4%
Earnings growth
Debt / equity541.97
Risk Metrics
Beta vs SPX0.22
Corr SPX0.12
Annual vol30.9%
Annual ret-29.6%
Sharpe-0.96
Max DD-52.2%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.17
Sector-0.01
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$7.88$7.89$7.44300.57K
Aug 12$7.80$7.87$7.41$7.70582.19K
Aug 11$8.85$8.85$7.76$7.96817.21K
Aug 10$10.32$10.38$9.76$9.8954.88K
Aug 7$10.40$10.42$10.20$10.3814.73K