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DEUTSCHE BOERSE AG (DB1.DE) Stock Fundamental Analysis

Europe - FRA:DB1 - DE0005810055 - Common Stock

220.1 EUR
-3.2 (-1.43%)
Last: 10/29/2025, 7:00:00 PM
Fundamental Rating

5

Overall DB1 gets a fundamental rating of 5 out of 10. We evaluated DB1 against 113 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 has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

DB1 had positive earnings in the past year.
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.
DB1.DE Yearly Net Income VS EBIT VS OCF VS FCFDB1.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

1.2 Ratios

With a Return On Assets value of 0.67%, DB1 perfoms like the industry average, outperforming 46.90% of the companies in the same industry.
DB1's Return On Equity of 18.81% is fine compared to the rest of the industry. DB1 outperforms 78.76% of its industry peers.
With a decent Return On Invested Capital value of 4.20%, DB1 is doing good in the industry, outperforming 66.37% 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 9.27%.
Industry RankSector Rank
ROA 0.67%
ROE 18.81%
ROIC 4.2%
ROA(3y)0.72%
ROA(5y)0.68%
ROE(3y)17.86%
ROE(5y)17.57%
ROIC(3y)4.54%
ROIC(5y)4.18%
DB1.DE Yearly ROA, ROE, ROICDB1.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

With a decent Profit Margin value of 27.34%, DB1 is doing good in the industry, outperforming 73.45% of the companies in the same industry.
DB1's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 40.44%, DB1 belongs to the top of the industry, outperforming 80.53% of the companies in the same industry.
DB1's Operating Margin has declined in the last couple of years.
DB1 has a better Gross Margin (82.11%) than 79.65% of its industry peers.
DB1's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 40.44%
PM (TTM) 27.34%
GM 82.11%
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%
DB1.DE Yearly Profit, Operating, Gross MarginsDB1.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

3

2. Health

2.1 Basic Checks

Compared to 1 year ago, DB1 has less shares outstanding
The number of shares outstanding for DB1 has been increased compared to 5 years ago.
The debt/assets ratio for DB1 is higher compared to a year ago.
DB1.DE Yearly Shares OutstandingDB1.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
DB1.DE Yearly Total Debt VS Total AssetsDB1.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B 250B

2.2 Solvency

DB1 has an Altman-Z score of 0.20. This is a bad value and indicates that DB1 is not financially healthy and even has some risk of bankruptcy.
DB1's Altman-Z score of 0.20 is in line compared to the rest of the industry. DB1 outperforms 44.25% of its industry peers.
DB1 has a debt to FCF ratio of 14.68. This is a negative value and a sign of low solvency as DB1 would need 14.68 years to pay back of all of its debts.
DB1's Debt to FCF ratio of 14.68 is fine compared to the rest of the industry. DB1 outperforms 62.83% of its industry peers.
A Debt/Equity ratio of 2.87 is on the high side and indicates that DB1 has dependencies on debt financing.
DB1 has a Debt to Equity ratio of 2.87. This is in the lower half of the industry: DB1 underperforms 61.06% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.87
Debt/FCF 14.68
Altman-Z 0.2
ROIC/WACCN/A
WACCN/A
DB1.DE Yearly LT Debt VS Equity VS FCFDB1.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B 10B

2.3 Liquidity

DB1 has a Current Ratio of 1.01. 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 Current ratio, with a value of 1.01, DB1 is in the better half of the industry, outperforming 63.72% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that DB1 should not have too much problems paying its short term obligations.
The Quick ratio of DB1 (1.01) is better than 65.49% of its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 1.01
DB1.DE Yearly Current Assets VS Current LiabilitesDB1.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 9.36% over the past year.
The Earnings Per Share has been growing by 11.94% on average over the past years. This is quite good.
The Revenue has grown by 14.88% in the past year. This is quite good.
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)9.36%
EPS 3Y17.17%
EPS 5Y11.94%
EPS Q2Q%7.02%
Revenue 1Y (TTM)14.88%
Revenue growth 3Y16.59%
Revenue growth 5Y16.28%
Sales Q2Q%2.57%

3.2 Future

DB1 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.93% yearly.
Based on estimates for the next years, DB1 will show a small growth in Revenue. The Revenue will grow by 3.80% on average per year.
EPS Next Y5.68%
EPS Next 2Y5.54%
EPS Next 3Y6.85%
EPS Next 5Y5.93%
Revenue Next Year3.83%
Revenue Next 2Y4.18%
Revenue Next 3Y4.77%
Revenue Next 5Y3.8%

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 decreasing: in the next years the growth will be less than in the last years.
DB1.DE Yearly Revenue VS EstimatesDB1.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
DB1.DE Yearly EPS VS EstimatesDB1.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5 10

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 20.05 indicates a rather expensive valuation of DB1.
63.72% of the companies in the same industry are more expensive than DB1, based on the Price/Earnings ratio.
DB1 is valuated rather cheaply when we compare the Price/Earnings ratio to 26.76, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.64, DB1 is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DB1 indicates a somewhat cheap valuation: DB1 is cheaper than 66.37% of the companies listed in the same industry.
DB1's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.63.
Industry RankSector Rank
PE 20.05
Fwd PE 18.64
DB1.DE Price Earnings VS Forward Price EarningsDB1.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, DB1 is valued a bit cheaper than 75.22% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.05
EV/EBITDA -0.61
DB1.DE Per share dataDB1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DB1 does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of DB1 may justify a higher PE ratio.
PEG (NY)3.53
PEG (5Y)1.68
EPS Next 2Y5.54%
EPS Next 3Y6.85%

4

5. Dividend

5.1 Amount

DB1 has a Yearly Dividend Yield of 1.77%.
DB1's Dividend Yield is comparable with the industry average which is at 5.70.
DB1's Dividend Yield is slightly below the S&P500 average, which is at 2.31.
Industry RankSector Rank
Dividend Yield 1.77%

5.2 History

On average, the dividend of DB1 grows each year by 6.94%, which is quite nice.
Dividend Growth(5Y)6.94%
Div Incr Years5
Div Non Decr Years6
DB1.DE Yearly Dividends per shareDB1.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

36.96% of the earnings are spent on dividend by DB1. This is a low number and sustainable payout ratio.
DB1's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.96%
EPS Next 2Y5.54%
EPS Next 3Y6.85%
DB1.DE Yearly Income VS Free CF VS DividendDB1.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B
DB1.DE Dividend Payout.DB1.DE Dividend Payout, showing the Payout Ratio.DB1.DE Dividend Payout.PayoutRetained Earnings

DEUTSCHE BOERSE AG

FRA:DB1 (10/29/2025, 7:00:00 PM)

220.1

-3.2 (-1.43%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)10-27 2025-10-27/bmo
Inst Owners67.31%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap41.44B
Revenue(TTM)7.05B
Net Income(TTM)1.99B
Analysts72.5
Price Target282.88 (28.52%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.77%
Yearly Dividend3.78
Dividend Growth(5Y)6.94%
DP36.96%
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.4%
Min EPS beat(2)-3.31%
Max EPS beat(2)-1.5%
EPS beat(4)1
Avg EPS beat(4)-0.58%
Min EPS beat(4)-4.63%
Max EPS beat(4)7.11%
EPS beat(8)3
Avg EPS beat(8)-0.82%
EPS beat(12)7
Avg EPS beat(12)0.61%
EPS beat(16)11
Avg EPS beat(16)1.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.49%
Min Revenue beat(2)-2.9%
Max Revenue beat(2)-2.09%
Revenue beat(4)0
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-2.9%
Max Revenue beat(4)-0.4%
Revenue beat(8)0
Avg Revenue beat(8)-1.19%
Revenue beat(12)4
Avg Revenue beat(12)5.6%
Revenue beat(16)8
Avg Revenue beat(16)10.19%
PT rev (1m)-0.37%
PT rev (3m)-1.52%
EPS NQ rev (1m)-2.09%
EPS NQ rev (3m)-2.99%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.5%
Revenue NQ rev (1m)-1.4%
Revenue NQ rev (3m)-1.67%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)-1.29%
Valuation
Industry RankSector Rank
PE 20.05
Fwd PE 18.64
P/S 5.71
P/FCF 20.05
P/OCF 17.02
P/B 3.93
P/tB N/A
EV/EBITDA -0.61
EPS(TTM)10.98
EY4.99%
EPS(NY)11.81
Fwd EY5.36%
FCF(TTM)10.98
FCFY4.99%
OCF(TTM)12.93
OCFY5.87%
SpS38.57
BVpS56.06
TBVpS-8.96
PEG (NY)3.53
PEG (5Y)1.68
Graham Number117.68
Profitability
Industry RankSector Rank
ROA 0.67%
ROE 18.81%
ROCE 10.63%
ROIC 4.2%
ROICexc 8.44%
ROICexgc 16.11%
OM 40.44%
PM (TTM) 27.34%
GM 82.11%
FCFM 28.47%
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%
ROICexgc growth 3Y25.66%
ROICexgc 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-Score5
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 2.87
Debt/FCF 14.68
Debt/EBITDA 8.83
Cap/Depr 73.31%
Cap/Sales 5.06%
Interest Coverage 1.67
Cash Conversion 70.81%
Profit Quality 104.11%
Current Ratio 1.01
Quick Ratio 1.01
Altman-Z 0.2
F-Score5
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)9.36%
EPS 3Y17.17%
EPS 5Y11.94%
EPS Q2Q%7.02%
EPS Next Y5.68%
EPS Next 2Y5.54%
EPS Next 3Y6.85%
EPS Next 5Y5.93%
Revenue 1Y (TTM)14.88%
Revenue growth 3Y16.59%
Revenue growth 5Y16.28%
Sales Q2Q%2.57%
Revenue Next Year3.83%
Revenue Next 2Y4.18%
Revenue Next 3Y4.77%
Revenue Next 5Y3.8%
EBIT growth 1Y9.94%
EBIT growth 3Y19.3%
EBIT growth 5Y14.02%
EBIT Next Year22.74%
EBIT Next 3Y11.46%
EBIT Next 5Y8.59%
FCF growth 1Y5.72%
FCF growth 3Y42.9%
FCF growth 5Y22.57%
OCF growth 1Y7.89%
OCF growth 3Y38.42%
OCF growth 5Y21.09%

DEUTSCHE BOERSE AG / DB1.DE FAQ

Can you provide the ChartMill fundamental rating for DEUTSCHE BOERSE AG?

ChartMill assigns a fundamental rating of 5 / 10 to DB1.DE.


Can you provide the valuation status for DEUTSCHE BOERSE AG?

ChartMill assigns a valuation rating of 4 / 10 to DEUTSCHE BOERSE AG (DB1.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for DEUTSCHE BOERSE AG?

DEUTSCHE BOERSE AG (DB1.DE) has a profitability rating of 6 / 10.


What is the earnings growth outlook for DEUTSCHE BOERSE AG?

The Earnings per Share (EPS) of DEUTSCHE BOERSE AG (DB1.DE) is expected to grow by 5.68% in the next year.


Can you provide the dividend sustainability for DB1 stock?

The dividend rating of DEUTSCHE BOERSE AG (DB1.DE) is 4 / 10 and the dividend payout ratio is 36.96%.