DEUTSCHE BANK AG-REGISTERED (DB)
DE0005140008 - Common Stock
Taking everything into account, DB scores 3 out of 10 in our fundamental rating. DB was compared to 210 industry peers in the Capital Markets industry. DB may be in some trouble as it scores bad on both profitability and health. DB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year DB was profitable.
In the past year DB had a positive cash flow from operations.
DB had positive earnings in 4 of the past 5 years.
In multiple years DB reported negative operating cash flow during the last 5 years.
1.2 Ratios
DB has a Return On Assets of 0.33%. This is in the lower half of the industry: DB underperforms 75.48% of its industry peers.
DB has a Return On Equity of 5.85%. This is in the lower half of the industry: DB underperforms 67.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.33% | ||
| ROE | 5.85% | ||
| ROIC | N/A |
ROA(3y)0.28%
ROA(5y)0.08%
ROE(3y)5.34%
ROE(5y)1.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DB has a Profit Margin (14.81%) which is in line with its industry peers.
DB's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for DB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 14.81% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y192.68%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for DB has been reduced compared to 1 year ago.
Compared to 5 years ago, DB has less shares outstanding
The debt/assets ratio for DB is higher compared to a year ago.
2.2 Solvency
DB has a debt to FCF ratio of 41.67. This is a negative value and a sign of low solvency as DB would need 41.67 years to pay back of all of its debts.
The Debt to FCF ratio of DB (41.67) is comparable to the rest of the industry.
A Debt/Equity ratio of 2.96 is on the high side and indicates that DB has dependencies on debt financing.
The Debt to Equity ratio of DB (2.96) is worse than 81.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | 41.67 | ||
| 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 slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.44%.
DB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 29.29% yearly.
Looking at the last year, DB shows a small growth in Revenue. The Revenue has grown by 3.48% in the last year.
Measured over the past years, DB shows a small growth in Revenue. The Revenue has been growing by 2.13% on average per year.
EPS 1Y (TTM)-2.44%
EPS 3Y83.25%
EPS 5Y29.29%
EPS growth Q2Q-10.39%
Revenue 1Y (TTM)3.48%
Revenue growth 3Y5.3%
Revenue growth 5Y2.13%
Revenue growth Q2Q5.45%
3.2 Future
The Earnings Per Share is expected to grow by 3.72% on average over the next years.
The Revenue is expected to grow by 2.67% on average over the next years.
EPS Next Y-2.78%
EPS Next 2Y8.12%
EPS Next 3Y9.12%
EPS Next 5Y3.72%
Revenue Next Year1.89%
Revenue Next 2Y2.47%
Revenue Next 3Y2.52%
Revenue Next 5Y2.67%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.90, the valuation of DB can be described as very cheap.
Based on the Price/Earnings ratio, DB is valued cheaper than 84.62% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.25, DB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.09, the valuation of DB can be described as very cheap.
86.06% of the companies in the same industry are more expensive than DB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, DB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.9 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, DB is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.8 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y8.12%
EPS Next 3Y9.12%
5. Dividend
5.1 Amount
DB has a Yearly Dividend Yield of 3.04%.
Compared to an average industry Dividend Yield of 7.77, DB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, DB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
The dividend of DB is nicely growing with an annual growth rate of 22.46%!
DB has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of DB decreased in the last 3 years.
Dividend Growth(5Y)22.46%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
14.27% 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.
DP14.27%
EPS Next 2Y8.12%
EPS Next 3Y9.12%
DEUTSCHE BANK AG-REGISTERED
NYSE:DB (4/24/2024, 6:56:39 PM)
After market: 16.2531 -0.23 (-1.38%)16.48
-0.02 (-0.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap32.08B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.9 | ||
| Fwd PE | 7.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.33% | ||
| ROE | 5.85% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 14.81% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-2.44%
EPS 3Y83.25%
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.78%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.48%
Revenue growth 3Y5.3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y