Porsche Holding is completly undervalued

See Graham Value is above the current stock price (yellow)

And the book value is above too!

Why is this so?

Porsche Holding:
porsche-se.com/en/company/holding-structure

Holding 53% of Volkwagen (VOW) stock, which has raised very steep in the last month. But the holding didn't raised as same on the stock market, since it is not directly listed in major indexes and not as popular in news (the car is popular for sure).

This means, you can buy this stock to get VOW currently a lot cheaper (with a discount).

I take benefit of the bullish VW and take happily the discount and hope this will fall in the next months, when it come clear, that there is someting in disbalance...