DEUTSCHE BANK AG-REGISTERED (DBK.DE) Stock Fundamental Analysis
FRA:DBK - Deutsche Boerse Ag - DE0005140008 - Common Stock - Currency: EUR
Overall DBK gets a fundamental rating of 4 out of 10. We evaluated DBK against 115 industry peers in the Capital Markets industry. DBK has a bad profitability rating. Also its financial health evaluation is rather negative. A decent growth rate in combination with a cheap valuation! Better keep an eye on DBK.
1. Profitability
1.1 Basic Checks
In the past year DBK was profitable.
DBK had a positive operating cash flow in the past year.
DBK had positive earnings in each of the past 5 years.
In multiple years DBK reported negative operating cash flow during the last 5 years.
1.2 Ratios
DBK has a Return On Assets of 0.35%. This is comparable to the rest of the industry: DBK outperforms 41.74% of its industry peers.
The Return On Equity of DBK (6.44%) is comparable to the rest of the 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
DBK has a Profit Margin (15.84%) which is in line with its industry peers.
DBK's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for DBK 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
DBK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DBK has been reduced compared to 5 years ago.
The debt/assets ratio for DBK has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of DBK is 11.14, which is on the high side as it means it would take DBK, 11.14 years of fcf income to pay off 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 66.96% 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: 61.74% of the companies in the same industry are doing better.
| 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
DBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.96%, which is quite good.
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%.
DBK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.88% yearly.
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
DBK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.81% yearly.
The Revenue is expected to grow by 2.09% on average over the next years.
EPS Next Y16.84%
EPS Next 2Y14.29%
EPS Next 3Y12.81%
EPS Next 5YN/A
Revenue Next Year5.42%
Revenue Next 2Y4.01%
Revenue Next 3Y3.62%
Revenue Next 5Y2.09%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.81, the valuation of DBK can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of DBK indicates a somewhat cheap valuation: DBK is cheaper than 80.00% of the companies listed in the same industry.
DBK is valuated cheaply when we compare the Price/Earnings ratio to 26.87, which is the current average of the S&P500 Index.
DBK is valuated reasonably with a Price/Forward Earnings ratio of 9.88.
Based on the Price/Forward Earnings ratio, DBK is valued cheaply inside the industry as 86.09% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.34. DBK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, DBK is valued cheaper than 98.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.81 | ||
| 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.
A more expensive valuation may be justified as DBK's earnings are expected to grow with 12.81% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y14.29%
EPS Next 3Y12.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.22%, DBK has a reasonable but not impressive dividend return.
DBK's Dividend Yield is a higher than the industry average which is at 5.40.
DBK's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
5.2 History
The dividend of DBK is nicely growing with an annual growth rate of 32.48%!
Dividend Growth(5Y)32.48%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DBK pays out 26.73% of its income as dividend. This is a sustainable payout ratio.
DBK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.73%
EPS Next 2Y14.29%
EPS Next 3Y12.81%
FRA:DBK (8/15/2025, 7:00:00 PM)
31.245
-0.18 (-0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners44.49%
Inst Owner ChangeN/A
Ins Owners8.06%
Ins Owner ChangeN/A
Market Cap60.87B
Analysts70.43
Price Target28.33 (-9.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
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)0.46%
Min Revenue beat(2)-0.43%
Max Revenue beat(2)1.36%
Revenue beat(4)3
Avg Revenue beat(4)0.58%
Min Revenue beat(4)-0.43%
Max Revenue beat(4)1.36%
Revenue beat(8)4
Avg Revenue beat(8)-0.47%
Revenue beat(12)7
Avg Revenue beat(12)0.02%
Revenue beat(16)11
Avg Revenue beat(16)1.99%
PT rev (1m)14.07%
PT rev (3m)28.18%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)-5.07%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)-2.51%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 9.88 | ||
| P/S | 1.96 | ||
| P/FCF | 2.81 | ||
| P/OCF | 2.75 | ||
| P/B | 0.8 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.89
EY9.25%
EPS(NY)3.16
Fwd EY10.12%
FCF(TTM)11.11
FCFY35.55%
OCF(TTM)11.36
OCFY36.37%
SpS15.94
BVpS39.21
TBVpS35.41
PEG (NY)0.64
PEG (5Y)N/A
Profitability
| Industry Rank | Sector 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
ROICexcg growth 3YN/A
ROICexcg 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 Rank | Sector 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 Y16.84%
EPS Next 2Y14.29%
EPS Next 3Y12.81%
EPS Next 5YN/A
Revenue 1Y (TTM)6.5%
Revenue growth 3Y5.28%
Revenue growth 5Y4.88%
Sales Q2Q%2.83%
Revenue Next Year5.42%
Revenue Next 2Y4.01%
Revenue Next 3Y3.62%
Revenue Next 5Y2.09%
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