DEUTSCHE BANK AG-REGISTERED (DB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DB - DE0005140008 - Common Stock
39.54 USD
-0.79 (-1.96%)
39.29 USD
-0.25 (-0.63%)
We assign a fundamental rating of 4 out of 10 to DB. DB was compared to 237 industry peers in the Capital Markets industry. DB may be in some trouble as it scores bad on both profitability and health. DB may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- DB had positive earnings in the past year.
- In the past year DB had a positive cash flow from operations.
- In the past 5 years DB has always been profitable.
- In multiple years DB reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of DB (0.35%) is worse than 75.95% of its industry peers.
- DB has a Return On Equity (6.44%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.35% | ||
| ROE | 6.44% | ||
| ROIC | N/A |
ROA(3y)0.3%
ROA(5y)0.21%
ROE(3y)5.53%
ROE(5y)3.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- DB has a Profit Margin (15.84%) which is comparable to the rest of the industry.
- DB's Profit Margin has improved in the last couple of years.
- DB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y6.12%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- DB has less shares outstanding than it did 1 year ago.
- DB has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, DB has an improved debt to assets ratio.
2.2 Solvency
- DB has a debt to FCF ratio of 11.14. This is a negative value and a sign of low solvency as DB would need 11.14 years to pay back of all of its debts.
- DB's Debt to FCF ratio of 11.14 is fine compared to the rest of the industry. DB outperforms 60.76% of its industry peers.
- A Debt/Equity ratio of 3.16 is on the high side and indicates that DB has dependencies on debt financing.
- DB has a Debt to Equity ratio of 3.16. This is amonst the worse of the industry: DB underperforms 81.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.16 | ||
| Debt/FCF | 11.14 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 12.63% over the past year.
- The Earnings Per Share has been growing by 25.01% on average over the past years. This is a very strong growth
- DB shows a small growth in Revenue. In the last year, the Revenue has grown by 7.00%.
- Measured over the past years, DB shows a small growth in Revenue. The Revenue has been growing by 4.88% on average per year.
EPS 1Y (TTM)12.63%
EPS 3Y25.01%
EPS 5YN/A
EPS Q2Q%50%
Revenue 1Y (TTM)7%
Revenue growth 3Y5.28%
Revenue growth 5Y4.88%
Sales Q2Q%7.23%
3.2 Future
- Based on estimates for the next years, DB will show a small growth in Earnings Per Share. The EPS will grow by 4.54% on average per year.
- The Revenue is expected to grow by 2.86% on average over the next years.
EPS Next Y15.03%
EPS Next 2Y13.31%
EPS Next 3Y13.08%
EPS Next 5Y4.54%
Revenue Next Year7.11%
Revenue Next 2Y4.91%
Revenue Next 3Y4.53%
Revenue Next 5Y2.86%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- DB is valuated reasonably with a Price/Earnings ratio of 10.30.
- 67.09% of the companies in the same industry are more expensive than DB, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of DB to the average of the S&P500 Index (28.60), we can say DB is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 9.56, the valuation of DB can be described as reasonable.
- DB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DB is cheaper than 76.79% of the companies in the same industry.
- DB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.3 | ||
| Fwd PE | 9.56 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, DB is valued cheaply inside the industry as 89.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- DB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- DB's earnings are expected to grow with 13.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.69
PEG (5Y)N/A
EPS Next 2Y13.31%
EPS Next 3Y13.08%
5. Dividend
5.1 Amount
- DB has a Yearly Dividend Yield of 2.04%.
- Compared to an average industry Dividend Yield of 5.87, DB has a dividend in line with its industry peers.
- DB's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
5.2 History
- The dividend of DB is nicely growing with an annual growth rate of 32.48%!
- DB has paid a dividend for at least 10 years, which is a reliable track record.
- DB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)32.48%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 26.73% of the earnings are spent on dividend by DB. This is a low number and sustainable payout ratio.
- DB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.73%
EPS Next 2Y13.31%
EPS Next 3Y13.08%
DEUTSCHE BANK AG-REGISTERED / DB FAQ
What is the ChartMill fundamental rating of DEUTSCHE BANK AG-REGISTERED (DB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DB.
What is the valuation status of DEUTSCHE BANK AG-REGISTERED (DB) stock?
ChartMill assigns a valuation rating of 7 / 10 to DEUTSCHE BANK AG-REGISTERED (DB). This can be considered as Undervalued.
How profitable is DEUTSCHE BANK AG-REGISTERED (DB) stock?
DEUTSCHE BANK AG-REGISTERED (DB) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for DB stock?
The Earnings per Share (EPS) of DEUTSCHE BANK AG-REGISTERED (DB) is expected to grow by 15.03% in the next year.
How sustainable is the dividend of DEUTSCHE BANK AG-REGISTERED (DB) stock?
The dividend rating of DEUTSCHE BANK AG-REGISTERED (DB) is 5 / 10 and the dividend payout ratio is 26.73%.