DELTICOM AG (DEX.DE) Stock Fundamental Analysis
FRA:DEX - Deutsche Boerse Ag - DE0005146807 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to DEX. DEX was compared to 49 industry peers in the Specialty Retail industry. While DEX is still in line with the averages on profitability rating, there are concerns on its financial health. DEX has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year DEX was profitable.
In the past year DEX had a positive cash flow from operations.
DEX had positive earnings in each of the past 5 years.
DEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
DEX has a Return On Assets (1.70%) which is comparable to the rest of the industry.
DEX has a Return On Equity of 7.76%. This is in the better half of the industry: DEX outperforms 67.35% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.69%, DEX belongs to the top of the industry, outperforming 81.63% of the companies in the same industry.
DEX had an Average Return On Invested Capital over the past 3 years of 9.76%. This is in line with the industry average of 8.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.7% | ||
| ROE | 7.76% | ||
| ROIC | 9.69% |
ROA(3y)2.45%
ROA(5y)2.76%
ROE(3y)10.57%
ROE(5y)19.74%
ROIC(3y)9.76%
ROIC(5y)11.86%
1.3 Margins
DEX has a Profit Margin of 0.80%. This is comparable to the rest of the industry: DEX outperforms 53.06% of its industry peers.
In the last couple of years the Profit Margin of DEX has declined.
The Operating Margin of DEX (3.22%) is better than 63.27% of its industry peers.
In the last couple of years the Operating Margin of DEX has grown nicely.
With a Gross Margin value of 29.25%, DEX is not doing good in the industry: 65.31% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of DEX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.22% | ||
| PM (TTM) | 0.8% | ||
| GM | 29.25% |
OM growth 3Y8.35%
OM growth 5YN/A
PM growth 3Y-10.2%
PM growth 5YN/A
GM growth 3Y4.67%
GM growth 5Y2.36%
2. Health
2.1 Basic Checks
DEX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
DEX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, DEX has more shares outstanding
The debt/assets ratio for DEX is higher compared to a year ago.
2.2 Solvency
DEX has an Altman-Z score of 2.53. This is not the best score and indicates that DEX is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of DEX (2.53) is better than 65.31% of its industry peers.
DEX has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.14, DEX is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.53 |
ROIC/WACC1.94
WACC4.99%
2.3 Liquidity
DEX has a Current Ratio of 0.90. This is a bad value and indicates that DEX is not financially healthy enough and could expect problems in meeting its short term obligations.
DEX has a Current ratio of 0.90. This is in the lower half of the industry: DEX underperforms 69.39% of its industry peers.
A Quick Ratio of 0.37 indicates that DEX may have some problems paying its short term obligations.
DEX's Quick ratio of 0.37 is on the low side compared to the rest of the industry. DEX is outperformed by 65.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
The earnings per share for DEX have decreased strongly by -49.58% in the last year.
DEX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.71% yearly.
Looking at the last year, DEX shows a small growth in Revenue. The Revenue has grown by 0.84% in the last year.
Measured over the past years, DEX shows a decrease in Revenue. The Revenue has been decreasing by -5.23% on average per year.
EPS 1Y (TTM)-49.58%
EPS 3Y-17.71%
EPS 5YN/A
EPS Q2Q%-38.43%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y-6.18%
Revenue growth 5Y-5.23%
Sales Q2Q%-1.07%
3.2 Future
Based on estimates for the next years, DEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.91% on average per year.
DEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.57% yearly.
EPS Next Y13.79%
EPS Next 2Y23.18%
EPS Next 3Y19.91%
EPS Next 5YN/A
Revenue Next Year4.08%
Revenue Next 2Y3.63%
Revenue Next 3Y3.39%
Revenue Next 5Y3.57%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.22, the valuation of DEX can be described as reasonable.
DEX's Price/Earnings ratio is rather cheap when compared to the industry. DEX is cheaper than 89.80% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. DEX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.47 indicates a rather cheap valuation of DEX.
Based on the Price/Forward Earnings ratio, DEX is valued cheaper than 87.76% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.90. DEX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 7.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DEX is valued cheaper than 87.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.2 |
4.3 Compensation for Growth
DEX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DEX has a very decent profitability rating, which may justify a higher PE ratio.
DEX's earnings are expected to grow with 19.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.67
PEG (5Y)N/A
EPS Next 2Y23.18%
EPS Next 3Y19.91%
5. Dividend
5.1 Amount
DEX has a Yearly Dividend Yield of 4.92%, which is a nice return.
DEX's Dividend Yield is rather good when compared to the industry average which is at 4.99. DEX pays more dividend than 89.80% of the companies in the same industry.
DEX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.92% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y23.18%
EPS Next 3Y19.91%
FRA:DEX (7/3/2025, 7:00:00 PM)
2.49
+0.15 (+6.41%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners22.96%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap36.93M
Analysts80
Price Target3.91 (57.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.92% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.88%
PT rev (3m)-8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-19.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 7.47 | ||
| P/S | 0.07 | ||
| P/FCF | N/A | ||
| P/OCF | 7.59 | ||
| P/B | 0.71 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 4.2 |
EPS(TTM)0.27
EY10.84%
EPS(NY)0.33
Fwd EY13.39%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)0.33
OCFY13.17%
SpS34.19
BVpS3.51
TBVpS1.02
PEG (NY)0.67
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.7% | ||
| ROE | 7.76% | ||
| ROCE | 14.68% | ||
| ROIC | 9.69% | ||
| ROICexc | 10.18% | ||
| ROICexgc | 15.65% | ||
| OM | 3.22% | ||
| PM (TTM) | 0.8% | ||
| GM | 29.25% | ||
| FCFM | N/A |
ROA(3y)2.45%
ROA(5y)2.76%
ROE(3y)10.57%
ROE(5y)19.74%
ROIC(3y)9.76%
ROIC(5y)11.86%
ROICexc(3y)10.32%
ROICexc(5y)12.68%
ROICexgc(3y)16.92%
ROICexgc(5y)26.93%
ROCE(3y)15.21%
ROCE(5y)18.21%
ROICexcg growth 3Y-17.38%
ROICexcg growth 5YN/A
ROICexc growth 3Y-10.03%
ROICexc growth 5YN/A
OM growth 3Y8.35%
OM growth 5YN/A
PM growth 3Y-10.2%
PM growth 5YN/A
GM growth 3Y4.67%
GM growth 5Y2.36%
F-Score6
Asset Turnover2.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.24 | ||
| Cap/Depr | 58.28% | ||
| Cap/Sales | 1.16% | ||
| Interest Coverage | 5.88 | ||
| Cash Conversion | 18.43% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 2.53 |
F-Score6
WACC4.99%
ROIC/WACC1.94
Cap/Depr(3y)47.93%
Cap/Depr(5y)34.33%
Cap/Sales(3y)0.92%
Cap/Sales(5y)0.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-49.58%
EPS 3Y-17.71%
EPS 5YN/A
EPS Q2Q%-38.43%
EPS Next Y13.79%
EPS Next 2Y23.18%
EPS Next 3Y19.91%
EPS Next 5YN/A
Revenue 1Y (TTM)0.84%
Revenue growth 3Y-6.18%
Revenue growth 5Y-5.23%
Sales Q2Q%-1.07%
Revenue Next Year4.08%
Revenue Next 2Y3.63%
Revenue Next 3Y3.39%
Revenue Next 5Y3.57%
EBIT growth 1Y0.39%
EBIT growth 3Y1.65%
EBIT growth 5YN/A
EBIT Next Year127.04%
EBIT Next 3Y40.26%
EBIT Next 5YN/A
FCF growth 1Y-103.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-85.29%
OCF growth 3Y-39.47%
OCF growth 5YN/A