DEUTSCHE BOERSE AG (DB1.DE) Stock Fundamental Analysis
FRA:DB1 - Deutsche Boerse Ag - DE0005810055 - Common Stock - Currency: EUR
Overall DB1 gets a fundamental rating of 5 out of 10. We evaluated DB1 against 110 industry peers in the Capital Markets industry. While DB1 is still in line with the averages on profitability rating, there are concerns on its financial health. DB1 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DB1 was profitable.
DB1 had a positive operating cash flow in the past year.
In the past 5 years DB1 has always been profitable.
In the past 5 years DB1 always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.88%, DB1 is in line with its industry, outperforming 51.82% of the companies in the same industry.
DB1 has a better Return On Equity (18.09%) than 85.45% of its industry peers.
With a decent Return On Invested Capital value of 4.82%, DB1 is doing good in the industry, outperforming 69.09% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for DB1 is below the industry average of 7.99%.
The 3 year average ROIC (4.54%) for DB1 is below the current ROIC(4.82%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 18.09% | ||
| ROIC | 4.82% |
ROA(3y)0.72%
ROA(5y)0.68%
ROE(3y)17.86%
ROE(5y)17.57%
ROIC(3y)4.54%
ROIC(5y)4.18%
1.3 Margins
DB1 has a better Profit Margin (27.65%) than 78.18% of its industry peers.
DB1's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 40.85%, DB1 belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Operating Margin of DB1 has declined.
DB1 has a better Gross Margin (82.70%) than 79.09% of its industry peers.
DB1's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.85% | ||
| PM (TTM) | 27.65% | ||
| GM | 82.7% |
OM growth 3Y2.33%
OM growth 5Y-1.95%
PM growth 3Y0.54%
PM growth 5Y-1.8%
GM growth 3Y1.57%
GM growth 5Y-1.36%
2. Health
2.1 Basic Checks
DB1 has less shares outstanding than it did 1 year ago.
DB1 has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, DB1 has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.29, we must say that DB1 is in the distress zone and has some risk of bankruptcy.
DB1 has a Altman-Z score (0.29) which is comparable to the rest of the industry.
DB1 has a debt to FCF ratio of 12.21. This is a negative value and a sign of low solvency as DB1 would need 12.21 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.21, DB1 is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
A Debt/Equity ratio of 2.32 is on the high side and indicates that DB1 has dependencies on debt financing.
DB1 has a Debt to Equity ratio of 2.32. This is in the lower half of the industry: DB1 underperforms 60.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 12.21 | ||
| Altman-Z | 0.29 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.02 indicates that DB1 should not have too much problems paying its short term obligations.
DB1 has a Current ratio of 1.02. This is in the better half of the industry: DB1 outperforms 62.73% of its industry peers.
DB1 has a Quick Ratio of 1.02. This is a normal value and indicates that DB1 is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.02, DB1 is in the better half of the industry, outperforming 62.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.62% over the past year.
Measured over the past years, DB1 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.94% on average per year.
DB1 shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.77%.
DB1 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.28% yearly.
EPS 1Y (TTM)13.62%
EPS 3Y17.17%
EPS 5Y11.94%
EPS Q2Q%5.93%
Revenue 1Y (TTM)12.77%
Revenue growth 3Y16.59%
Revenue growth 5Y16.28%
Sales Q2Q%5.58%
3.2 Future
The Earnings Per Share is expected to grow by 5.58% on average over the next years.
Based on estimates for the next years, DB1 will show a small growth in Revenue. The Revenue will grow by 4.03% on average per year.
EPS Next Y8.39%
EPS Next 2Y7.68%
EPS Next 3Y8.33%
EPS Next 5Y5.58%
Revenue Next Year5.18%
Revenue Next 2Y5.11%
Revenue Next 3Y5.47%
Revenue Next 5Y4.03%
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
With a Price/Earnings ratio of 24.78, DB1 is valued on the expensive side.
DB1's Price/Earnings is on the same level as the industry average.
DB1 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
DB1 is valuated rather expensively with a Price/Forward Earnings ratio of 21.69.
DB1's Price/Forward Earnings ratio is in line with the industry average.
DB1's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 21.69 |
4.2 Price Multiples
88.18% of the companies in the same industry are more expensive than DB1, based on the Enterprise Value to EBITDA ratio.
DB1's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DB1 is cheaper than 78.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.49 | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
DB1 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.95
PEG (5Y)2.07
EPS Next 2Y7.68%
EPS Next 3Y8.33%
5. Dividend
5.1 Amount
DB1 has a Yearly Dividend Yield of 1.47%.
Compared to an average industry Dividend Yield of 4.96, DB1 has a dividend in line with its industry peers.
DB1's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
5.2 History
The dividend of DB1 is nicely growing with an annual growth rate of 6.94%!
Dividend Growth(5Y)6.94%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
DB1 pays out 35.81% of its income as dividend. This is a sustainable payout ratio.
The dividend of DB1 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.81%
EPS Next 2Y7.68%
EPS Next 3Y8.33%
FRA:DB1 (6/19/2025, 5:29:53 PM)
266.6
-2.6 (-0.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners66.08%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap50.20B
Analysts73.6
Price Target288.15 (8.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly Dividend3.78
Dividend Growth(5Y)6.94%
DP35.81%
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.24%
Min EPS beat(2)-4.63%
Max EPS beat(2)7.11%
EPS beat(4)3
Avg EPS beat(4)1.31%
Min EPS beat(4)-4.63%
Max EPS beat(4)7.11%
EPS beat(8)5
Avg EPS beat(8)0.23%
EPS beat(12)9
Avg EPS beat(12)1.73%
EPS beat(16)13
Avg EPS beat(16)2.19%
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)-0.4%
Revenue beat(4)0
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-1.62%
Max Revenue beat(4)-0.4%
Revenue beat(8)2
Avg Revenue beat(8)2.47%
Revenue beat(12)6
Avg Revenue beat(12)10.04%
Revenue beat(16)10
Avg Revenue beat(16)13.81%
PT rev (1m)1.37%
PT rev (3m)11.17%
EPS NQ rev (1m)-0.72%
EPS NQ rev (3m)1.1%
EPS NY rev (1m)0%
EPS NY rev (3m)2.69%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)1.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 21.69 | ||
| P/S | 7.12 | ||
| P/FCF | 24.49 | ||
| P/OCF | 20.82 | ||
| P/B | 4.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.27 |
EPS(TTM)10.76
EY4.04%
EPS(NY)12.29
Fwd EY4.61%
FCF(TTM)10.89
FCFY4.08%
OCF(TTM)12.8
OCFY4.8%
SpS37.43
BVpS57.2
TBVpS-9.94
PEG (NY)2.95
PEG (5Y)2.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 18.09% | ||
| ROCE | 11.15% | ||
| ROIC | 4.82% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 19.97% | ||
| OM | 40.85% | ||
| PM (TTM) | 27.65% | ||
| GM | 82.7% | ||
| FCFM | 29.09% |
ROA(3y)0.72%
ROA(5y)0.68%
ROE(3y)17.86%
ROE(5y)17.57%
ROIC(3y)4.54%
ROIC(5y)4.18%
ROICexc(3y)8.84%
ROICexc(5y)8.37%
ROICexgc(3y)18.92%
ROICexgc(5y)16.68%
ROCE(3y)10.16%
ROCE(5y)9.53%
ROICexcg growth 3Y25.66%
ROICexcg growth 5Y9.7%
ROICexc growth 3Y13.65%
ROICexc growth 5Y2.09%
OM growth 3Y2.33%
OM growth 5Y-1.95%
PM growth 3Y0.54%
PM growth 5Y-1.8%
GM growth 3Y1.57%
GM growth 5Y-1.36%
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 12.21 | ||
| Debt/EBITDA | 7.45 | ||
| Cap/Depr | 75.22% | ||
| Cap/Sales | 5.12% | ||
| Interest Coverage | 1.37 | ||
| Cash Conversion | 71.79% | ||
| Profit Quality | 105.21% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 0.29 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)81.3%
Cap/Depr(5y)78.61%
Cap/Sales(3y)5.19%
Cap/Sales(5y)5.09%
Profit Quality(3y)127.32%
Profit Quality(5y)110.54%
High Growth Momentum
Growth
EPS 1Y (TTM)13.62%
EPS 3Y17.17%
EPS 5Y11.94%
EPS Q2Q%5.93%
EPS Next Y8.39%
EPS Next 2Y7.68%
EPS Next 3Y8.33%
EPS Next 5Y5.58%
Revenue 1Y (TTM)12.77%
Revenue growth 3Y16.59%
Revenue growth 5Y16.28%
Sales Q2Q%5.58%
Revenue Next Year5.18%
Revenue Next 2Y5.11%
Revenue Next 3Y5.47%
Revenue Next 5Y4.03%
EBIT growth 1Y13.34%
EBIT growth 3Y19.3%
EBIT growth 5Y14.02%
EBIT Next Year23.81%
EBIT Next 3Y12.03%
EBIT Next 5Y7.74%
FCF growth 1Y-10.13%
FCF growth 3Y42.9%
FCF growth 5Y22.57%
OCF growth 1Y-5.43%
OCF growth 3Y38.42%
OCF growth 5Y21.09%