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DEUTSCHE BANK AG-REGISTERED (DBK.DE) Stock Fundamental Analysis

Europe - FRA:DBK - DE0005140008 - Common Stock

29 EUR
+0.23 (+0.78%)
Last: 10/24/2025, 7:00:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to DBK. DBK was compared to 114 industry peers in the Capital Markets industry. DBK may be in some trouble as it scores bad on both profitability and health. DBK scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year DBK was profitable.
DBK had a positive operating cash flow in the past year.
Each year in the past 5 years DBK has been profitable.
The reported operating cash flow has been mixed in the past 5 years: DBK reported negative operating cash flow in multiple years.
DBK.DE Yearly Net Income VS EBIT VS OCF VS FCFDBK.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 20B -20B 40B -40B 60B

1.2 Ratios

DBK has a Return On Assets (0.35%) which is in line with its industry peers.
DBK has a Return On Equity (6.44%) which is comparable to the rest of the industry.
Industry RankSector 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
DBK.DE Yearly ROA, ROE, ROICDBK.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10

1.3 Margins

DBK has a Profit Margin of 15.84%. This is comparable to the rest of the industry: DBK outperforms 58.41% of its industry peers.
In the last couple of years the Profit Margin of DBK has grown nicely.
DBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector 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
DBK.DE Yearly Profit, Operating, Gross MarginsDBK.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

2

2. Health

2.1 Basic Checks

The number of shares outstanding for DBK has been reduced compared to 1 year ago.
The number of shares outstanding for DBK has been reduced compared to 5 years ago.
Compared to 1 year ago, DBK has an improved debt to assets ratio.
DBK.DE Yearly Shares OutstandingDBK.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
DBK.DE Yearly Total Debt VS Total AssetsDBK.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500B 1T 1.5T

2.2 Solvency

DBK has a debt to FCF ratio of 11.14. This is a negative value and a sign of low solvency as DBK would need 11.14 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.14, DBK is in the better half of the industry, outperforming 61.06% of the companies in the same industry.
DBK has a Debt/Equity ratio of 3.16. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.16, DBK is not doing good in the industry: 62.83% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 3.16
Debt/FCF 11.14
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
DBK.DE Yearly LT Debt VS Equity VS FCFDBK.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 50B -50B 100B 150B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
DBK.DE Yearly Current Assets VS Current LiabilitesDBK.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 17.96% over the past year.
DBK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.68% yearly.
DBK shows a small growth in Revenue. In the last year, the Revenue has grown by 6.50%.
The Revenue has been growing slightly by 4.88% on average over the past years.
EPS 1Y (TTM)17.96%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%-9.21%
Revenue 1Y (TTM)6.5%
Revenue growth 3Y5.28%
Revenue growth 5Y4.88%
Sales Q2Q%2.83%

3.2 Future

Based on estimates for the next years, DBK will show a small growth in Earnings Per Share. The EPS will grow by 4.89% on average per year.
DBK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.58% yearly.
EPS Next Y20.57%
EPS Next 2Y16.55%
EPS Next 3Y14.79%
EPS Next 5Y4.89%
Revenue Next Year5.64%
Revenue Next 2Y4.16%
Revenue Next 3Y3.86%
Revenue Next 5Y2.58%

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.
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.
DBK.DE Yearly Revenue VS EstimatesDBK.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
DBK.DE Yearly EPS VS EstimatesDBK.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3

7

4. Valuation

4.1 Price/Earnings Ratio

DBK is valuated reasonably with a Price/Earnings ratio of 10.03.
Based on the Price/Earnings ratio, DBK is valued cheaply inside the industry as 85.84% of the companies are valued more expensively.
DBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
The Price/Forward Earnings ratio is 8.82, which indicates a very decent valuation of DBK.
94.69% of the companies in the same industry are more expensive than DBK, based on the Price/Forward Earnings ratio.
DBK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 10.03
Fwd PE 8.82
DBK.DE Price Earnings VS Forward Price EarningsDBK.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, DBK is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.61
EV/EBITDA N/A
DBK.DE Per share dataDBK.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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 DBK's earnings are expected to grow with 14.79% in the coming years.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y16.55%
EPS Next 3Y14.79%

5

5. Dividend

5.1 Amount

DBK has a Yearly Dividend Yield of 2.23%. Purely for dividend investing, there may be better candidates out there.
DBK's Dividend Yield is a higher than the industry average which is at 5.58.
DBK's Dividend Yield is comparable with the S&P500 average which is at 2.32.
Industry RankSector Rank
Dividend Yield 2.23%

5.2 History

On average, the dividend of DBK grows each year by 32.48%, which is quite nice.
Dividend Growth(5Y)32.48%
Div Incr Years3
Div Non Decr Years3
DBK.DE Yearly Dividends per shareDBK.DE Yearly Dividends per shareYearly Dividends per share 2019 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

26.73% of the earnings are spent on dividend by DBK. This is a low number and sustainable payout ratio.
DBK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.73%
EPS Next 2Y16.55%
EPS Next 3Y14.79%
DBK.DE Yearly Income VS Free CF VS DividendDBK.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 20B -20B 40B -40B 60B
DBK.DE Dividend Payout.DBK.DE Dividend Payout, showing the Payout Ratio.DBK.DE Dividend Payout.PayoutRetained Earnings

DEUTSCHE BANK AG-REGISTERED

FRA:DBK (10/24/2025, 7:00:00 PM)

29

+0.23 (+0.78%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)07-24 2025-07-24/bmo
Earnings (Next)10-29 2025-10-29
Inst Owners50.73%
Inst Owner ChangeN/A
Ins Owners8.14%
Ins Owner ChangeN/A
Market Cap56.50B
Revenue(TTM)31.05B
Net Income(TTM)4.92B
Analysts67.83
Price Target30.9 (6.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.23%
Yearly Dividend0.45
Dividend Growth(5Y)32.48%
DP26.73%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)2.43%
PT rev (3m)24.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.41%
EPS NY rev (1m)0%
EPS NY rev (3m)3.19%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)0.76%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 10.03
Fwd PE 8.82
P/S 1.82
P/FCF 2.61
P/OCF 2.55
P/B 0.74
P/tB 0.82
EV/EBITDA N/A
EPS(TTM)2.89
EY9.97%
EPS(NY)3.29
Fwd EY11.34%
FCF(TTM)11.11
FCFY38.31%
OCF(TTM)11.36
OCFY39.19%
SpS15.94
BVpS39.21
TBVpS35.41
PEG (NY)0.49
PEG (5Y)N/A
Graham Number50.49
Profitability
Industry RankSector 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 RankSector 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)17.96%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%-9.21%
EPS Next Y20.57%
EPS Next 2Y16.55%
EPS Next 3Y14.79%
EPS Next 5Y4.89%
Revenue 1Y (TTM)6.5%
Revenue growth 3Y5.28%
Revenue growth 5Y4.88%
Sales Q2Q%2.83%
Revenue Next Year5.64%
Revenue Next 2Y4.16%
Revenue Next 3Y3.86%
Revenue Next 5Y2.58%
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 / DBK.DE FAQ

Can you provide the ChartMill fundamental rating for DEUTSCHE BANK AG-REGISTERED?

ChartMill assigns a fundamental rating of 4 / 10 to DBK.DE.


What is the valuation status for DBK stock?

ChartMill assigns a valuation rating of 7 / 10 to DEUTSCHE BANK AG-REGISTERED (DBK.DE). This can be considered as Undervalued.


Can you provide the profitability details for DEUTSCHE BANK AG-REGISTERED?

DEUTSCHE BANK AG-REGISTERED (DBK.DE) has a profitability rating of 3 / 10.


What is the earnings growth outlook for DEUTSCHE BANK AG-REGISTERED?

The Earnings per Share (EPS) of DEUTSCHE BANK AG-REGISTERED (DBK.DE) is expected to grow by 20.57% in the next year.


Can you provide the dividend sustainability for DBK stock?

The dividend rating of DEUTSCHE BANK AG-REGISTERED (DBK.DE) is 5 / 10 and the dividend payout ratio is 26.73%.