MORGAN STANLEY (DWD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DWD - US6174464486 - Common Stock
152.78 EUR
+0.1 (+0.07%)
DWD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 120 industry peers in the Capital Markets industry. DWD has a medium profitability rating, but doesn't score so well on its financial health evaluation. DWD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year DWD was profitable.
In the past year DWD has reported a negative cash flow from operations.
In the past 5 years DWD has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: DWD reported negative operating cash flow in multiple years.
1.2 Ratios
DWD has a Return On Assets (1.14%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 14.15%, DWD is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
DWD's Return On Invested Capital of 1.46% is in line compared to the rest of the industry. DWD outperforms 51.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DWD is significantly below the industry average of 9.23%.
The 3 year average ROIC (1.17%) for DWD is below the current ROIC(1.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROIC | 1.46% |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
1.3 Margins
DWD has a Profit Margin (13.32%) which is comparable to the rest of the industry.
DWD's Profit Margin has declined in the last couple of years.
DWD has a better Operating Margin (18.06%) than 60.83% of its industry peers.
In the last couple of years the Operating Margin of DWD has declined.
DWD has a Gross Margin of 54.99%. This is in the better half of the industry: DWD outperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of DWD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% |
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
2. Health
2.1 Basic Checks
The number of shares outstanding for DWD has been reduced compared to 1 year ago.
Compared to 5 years ago, DWD has more shares outstanding
Compared to 1 year ago, DWD has a worse debt to assets ratio.
2.2 Solvency
DWD has an Altman-Z score of -0.06. This is a bad value and indicates that DWD is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.06, DWD perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
A Debt/Equity ratio of 7.41 is on the high side and indicates that DWD has dependencies on debt financing.
DWD has a worse Debt to Equity ratio (7.41) than 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
DWD has a Current Ratio of 0.30. This is a bad value and indicates that DWD is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DWD (0.30) is worse than 61.67% of its industry peers.
DWD has a Quick Ratio of 0.30. This is a bad value and indicates that DWD is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.30, DWD is doing worse than 61.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.31% over the past year.
Measured over the past years, DWD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.88% on average per year.
DWD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.08%.
The Revenue has been growing by 14.79% on average over the past years. This is quite good.
EPS 1Y (TTM)45.31%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%48.94%
Revenue 1Y (TTM)11.08%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%18.47%
3.2 Future
Based on estimates for the next years, DWD will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.43% on average per year.
Based on estimates for the next years, DWD will show a small growth in Revenue. The Revenue will grow by 7.20% on average per year.
EPS Next Y28.65%
EPS Next 2Y16.89%
EPS Next 3Y15.31%
EPS Next 5Y12.43%
Revenue Next Year16.58%
Revenue Next 2Y10.97%
Revenue Next 3Y9.26%
Revenue Next 5Y7.2%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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.
4. Valuation
4.1 Price/Earnings Ratio
DWD is valuated rather expensively with a Price/Earnings ratio of 18.47.
Compared to the rest of the industry, the Price/Earnings ratio of DWD indicates a somewhat cheap valuation: DWD is cheaper than 63.33% of the companies listed in the same industry.
DWD is valuated rather cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.60, the valuation of DWD can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DWD indicates a somewhat cheap valuation: DWD is cheaper than 67.50% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.03. DWD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 16.6 |
4.2 Price Multiples
DWD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DWD is cheaper than 69.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.4 |
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.
DWD's earnings are expected to grow with 15.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)2.08
EPS Next 2Y16.89%
EPS Next 3Y15.31%
5. Dividend
5.1 Amount
DWD has a Yearly Dividend Yield of 2.31%. Purely for dividend investing, there may be better candidates out there.
DWD's Dividend Yield is a higher than the industry average which is at 3.18.
Compared to an average S&P500 Dividend Yield of 1.87, DWD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.31% |
5.2 History
The dividend of DWD is nicely growing with an annual growth rate of 18.94%!
Dividend Growth(5Y)18.94%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
DWD pays out 41.70% of its income as dividend. This is a bit on the high side, but may be sustainable.
DWD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP41.7%
EPS Next 2Y16.89%
EPS Next 3Y15.31%
FRA:DWD (12/23/2025, 7:00:00 PM)
152.78
+0.1 (+0.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners62.54%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap243.07B
Revenue(TTM)116.83B
Net Income(TTM)15.56B
Analysts74.55
Price Target150.2 (-1.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.31% |
Yearly Dividend3.24
Dividend Growth(5Y)18.94%
DP41.7%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.52%
Min EPS beat(2)5.77%
Max EPS beat(2)29.27%
EPS beat(4)4
Avg EPS beat(4)19.15%
Min EPS beat(4)5.77%
Max EPS beat(4)29.27%
EPS beat(8)7
Avg EPS beat(8)14.05%
EPS beat(12)11
Avg EPS beat(12)10.53%
EPS beat(16)13
Avg EPS beat(16)8.07%
Revenue beat(2)2
Avg Revenue beat(2)3.7%
Min Revenue beat(2)1.43%
Max Revenue beat(2)5.96%
Revenue beat(4)4
Avg Revenue beat(4)4.02%
Min Revenue beat(4)1.43%
Max Revenue beat(4)5.96%
Revenue beat(8)7
Avg Revenue beat(8)2.74%
Revenue beat(12)9
Avg Revenue beat(12)10.9%
Revenue beat(16)12
Avg Revenue beat(16)9.91%
PT rev (1m)3.71%
PT rev (3m)18.99%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)13.87%
EPS NY rev (1m)0.19%
EPS NY rev (3m)11.46%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)5.44%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)4.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 16.6 | ||
| P/S | 2.45 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.61 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 20.4 |
EPS(TTM)8.27
EY5.41%
EPS(NY)9.2
Fwd EY6.02%
FCF(TTM)-3.6
FCFYN/A
OCF(TTM)-1.96
OCFYN/A
SpS62.31
BVpS58.64
TBVpS46.47
PEG (NY)0.64
PEG (5Y)2.08
Graham Number104.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROCE | 3.33% | ||
| ROIC | 1.46% | ||
| ROICexc | 1.61% | ||
| ROICexgc | 1.7% | ||
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% | ||
| FCFM | N/A |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
ROICexc(3y)1.31%
ROICexc(5y)1.45%
ROICexgc(3y)1.39%
ROICexgc(5y)1.53%
ROCE(3y)2.71%
ROCE(5y)2.95%
ROICexgc growth 3Y-7.03%
ROICexgc growth 5Y1.53%
ROICexc growth 3Y-6.98%
ROICexc growth 5Y1.26%
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 31.03 | ||
| Cap/Depr | 59.4% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 0.45 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | -0.06 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)74.75%
Cap/Depr(5y)63.46%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.31%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%48.94%
EPS Next Y28.65%
EPS Next 2Y16.89%
EPS Next 3Y15.31%
EPS Next 5Y12.43%
Revenue 1Y (TTM)11.08%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%18.47%
Revenue Next Year16.58%
Revenue Next 2Y10.97%
Revenue Next 3Y9.26%
Revenue Next 5Y7.2%
EBIT growth 1Y37.32%
EBIT growth 3Y-3.64%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y79.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y87.65%
OCF growth 3Y-65.77%
OCF growth 5Y-49.33%
MORGAN STANLEY / DWD.DE FAQ
Can you provide the ChartMill fundamental rating for MORGAN STANLEY?
ChartMill assigns a fundamental rating of 4 / 10 to DWD.DE.
Can you provide the valuation status for MORGAN STANLEY?
ChartMill assigns a valuation rating of 4 / 10 to MORGAN STANLEY (DWD.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for MORGAN STANLEY?
MORGAN STANLEY (DWD.DE) has a profitability rating of 4 / 10.
What is the financial health of MORGAN STANLEY (DWD.DE) stock?
The financial health rating of MORGAN STANLEY (DWD.DE) is 1 / 10.
What is the expected EPS growth for MORGAN STANLEY (DWD.DE) stock?
The Earnings per Share (EPS) of MORGAN STANLEY (DWD.DE) is expected to grow by 28.65% in the next year.