DEUTSCHE BANK AG-REGISTERED (DB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DB - DE0005140008 - Common Stock
39.08 USD
-0.06 (-0.15%)
39.04 USD
-0.04 (-0.1%)
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. Both the profitability and financial health of DB have multiple concerns. 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.
- DB had a positive operating cash flow in the past year.
- In the past 5 years DB has always been profitable.
- 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
- The Return On Assets of DB (0.35%) is worse than 75.63% of its industry peers.
- Looking at the Return On Equity, with a value of 6.44%, DB is in line with its industry, outperforming 45.80% of the companies in the same 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
- The Profit Margin of DB (15.84%) is comparable to the rest of the industry.
- 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) | 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
- 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
- The Debt to FCF ratio of DB is 11.14, which is on the high side as it means it would take DB, 11.14 years of fcf income to pay off all of its debts.
- DB has a Debt to FCF ratio of 11.14. This is in the better half of the industry: DB outperforms 60.50% 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.
- The Debt to Equity ratio of DB (3.16) is worse than 81.93% 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.
- Measured over the past years, DB shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.01% on average per year.
- DB shows a small growth in Revenue. In the last year, the Revenue has grown by 7.00%.
- The Revenue has been growing slightly by 4.88% on average over the past years.
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
- The Earnings Per Share is expected to grow by 4.54% on average over the next years.
- DB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.86% yearly.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 10.37, which indicates a very decent valuation of DB.
- DB's Price/Earnings ratio is a bit cheaper when compared to the industry. DB is cheaper than 67.65% of the companies in the same industry.
- DB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- A Price/Forward Earnings ratio of 9.64 indicates a reasonable valuation of DB.
- Based on the Price/Forward Earnings ratio, DB is valued a bit cheaper than the industry average as 76.89% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. DB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.37 | ||
| Fwd PE | 9.64 |
4.2 Price Multiples
- 89.92% of the companies in the same industry are more expensive than DB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3 | ||
| 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.
- 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%. Purely for dividend investing, there may be better candidates out there.
- 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 1.81.
| 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 been paying a dividend for at least 10 years, so it has 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%.