DEUTSCHE BANK AG-REGISTERED (DB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DB - DE0005140008 - Common Stock
35.48 USD
+0.72 (+2.07%)
35.48 USD
0 (0%)
Taking everything into account, DB scores 4 out of 10 in our fundamental rating. 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
DB had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: DB reported negative operating cash flow in multiple years.
1.2 Ratios
DB's Return On Assets of 0.35% is on the low side compared to the rest of the industry. DB is outperformed by 73.00% of its industry peers.
The Return On Equity of DB (6.44%) 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's Profit Margin of 15.84% is in line compared to the rest of the industry. DB outperforms 50.63% of its industry peers.
In the last couple of years the Profit Margin of DB has grown nicely.
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
Compared to 1 year ago, DB has less shares outstanding
Compared to 5 years ago, DB has less shares outstanding
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 has a Debt to FCF ratio (11.14) which is in line with its industry peers.
A Debt/Equity ratio of 3.16 is on the high side and indicates that DB has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 3.16, DB is doing worse than 83.12% of the companies in the same industry.
| 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
DB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.42%, which is quite impressive.
Measured over the past years, DB shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.68% on average per year.
The Revenue has been growing slightly by 5.04% in the past year.
DB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.88% yearly.
EPS 1Y (TTM)24.42%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%50%
Revenue 1Y (TTM)5.04%
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 quite strong growth in Earnings Per Share. The EPS will grow by 13.13% on average per year.
Based on estimates for the next years, DB will show a small growth in Revenue. The Revenue will grow by 3.78% on average per year.
EPS Next Y23.97%
EPS Next 2Y17.61%
EPS Next 3Y15.47%
EPS Next 5Y13.13%
Revenue Next Year6.34%
Revenue Next 2Y4.43%
Revenue Next 3Y4.03%
Revenue Next 5Y3.78%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
Based on the Price/Earnings ratio of 9.54, the valuation of DB can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of DB indicates a somewhat cheap valuation: DB is cheaper than 73.42% of the companies listed in the same industry.
DB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.15.
DB is valuated reasonably with a Price/Forward Earnings ratio of 9.15.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DB indicates a somewhat cheap valuation: DB is cheaper than 77.22% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, DB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.54 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DB indicates a rather cheap valuation: DB is cheaper than 89.45% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DB's earnings are expected to grow with 15.47% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y17.61%
EPS Next 3Y15.47%
5. Dividend
5.1 Amount
DB has a Yearly Dividend Yield of 2.28%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 8.59, DB has a dividend in line with its industry peers.
DB's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
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
DB pays out 26.73% of its income as dividend. This is a sustainable payout ratio.
DB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.73%
EPS Next 2Y17.61%
EPS Next 3Y15.47%
35.48
+0.72 (+2.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners50.73%
Inst Owner Change7.45%
Ins Owners8.14%
Ins Owner ChangeN/A
Market Cap69.12B
Revenue(TTM)32.91B
Net Income(TTM)4.92B
Analysts67.5
Price Target38.6 (8.79%)
Short Float %0.5%
Short Ratio3.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
Yearly Dividend0.52
Dividend Growth(5Y)32.48%
DP26.73%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.9%
Min EPS beat(2)8.72%
Max EPS beat(2)19.08%
EPS beat(4)4
Avg EPS beat(4)13.35%
Min EPS beat(4)4.98%
Max EPS beat(4)20.63%
EPS beat(8)7
Avg EPS beat(8)24.51%
EPS beat(12)11
Avg EPS beat(12)31.89%
EPS beat(16)13
Avg EPS beat(16)73.25%
Revenue beat(2)1
Avg Revenue beat(2)0.51%
Min Revenue beat(2)-0.34%
Max Revenue beat(2)1.36%
Revenue beat(4)3
Avg Revenue beat(4)0.6%
Min Revenue beat(4)-0.34%
Max Revenue beat(4)1.36%
Revenue beat(8)4
Avg Revenue beat(8)-0.46%
Revenue beat(12)7
Avg Revenue beat(12)0.03%
Revenue beat(16)11
Avg Revenue beat(16)1.99%
PT rev (1m)6.96%
PT rev (3m)17.45%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)2.81%
EPS NY rev (3m)6.09%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.73%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.54 | ||
| Fwd PE | 9.15 | ||
| P/S | 1.92 | ||
| P/FCF | 2.76 | ||
| P/OCF | 2.7 | ||
| P/B | 0.78 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.72
EY10.48%
EPS(NY)3.88
Fwd EY10.92%
FCF(TTM)12.86
FCFY36.25%
OCF(TTM)13.16
OCFY37.08%
SpS18.45
BVpS45.4
TBVpS40.99
PEG (NY)0.4
PEG (5Y)N/A
Graham Number61.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.35% | ||
| ROE | 6.44% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.84% | ||
| GM | N/A | ||
| FCFM | 69.7% |
ROA(3y)0.3%
ROA(5y)0.21%
ROE(3y)5.53%
ROE(5y)3.97%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score8
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.16 | ||
| Debt/FCF | 11.14 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 14.36% | ||
| Cap/Sales | 1.61% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 439.9% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)12.9%
Cap/Depr(5y)15.49%
Cap/Sales(3y)1.36%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.42%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%50%
EPS Next Y23.97%
EPS Next 2Y17.61%
EPS Next 3Y15.47%
EPS Next 5Y13.13%
Revenue 1Y (TTM)5.04%
Revenue growth 3Y5.28%
Revenue growth 5Y4.88%
Sales Q2Q%7.23%
Revenue Next Year6.34%
Revenue Next 2Y4.43%
Revenue Next 3Y4.03%
Revenue Next 5Y3.78%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y241.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y247.53%
OCF growth 3YN/A
OCF growth 5YN/A
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.
Can you provide the valuation status for DEUTSCHE BANK AG-REGISTERED?
ChartMill assigns a valuation rating of 7 / 10 to DEUTSCHE BANK AG-REGISTERED (DB). This can be considered as Undervalued.
Can you provide the profitability details for DEUTSCHE BANK AG-REGISTERED?
DEUTSCHE BANK AG-REGISTERED (DB) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for DB stock?
The Price/Earnings (PE) ratio for DEUTSCHE BANK AG-REGISTERED (DB) is 9.54 and the Price/Book (PB) ratio is 0.78.
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%.