MORGAN STANLEY (DWD.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:DWD • US6174464486
151.92 EUR
+1.02 (+0.68%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 3 out of 10 to DWD. DWD was compared to 118 industry peers in the Capital Markets industry. DWD may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, DWD is valued expensive at the moment.
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.
- DWD had positive earnings in each of the past 5 years.
- 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
- The Return On Assets of DWD (1.14%) is comparable to the rest of the industry.
- The Return On Equity of DWD (14.15%) is better than 73.73% of its industry peers.
- DWD has a Return On Invested Capital (1.46%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROIC | 1.46% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- DWD's Profit Margin of 13.32% is in line compared to the rest of the industry. DWD outperforms 52.54% of its industry peers.
- DWD's Profit Margin has declined in the last couple of years.
- DWD has a Operating Margin (18.06%) which is comparable to the rest of the industry.
- DWD's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 54.99%, DWD is in the better half of the industry, outperforming 66.95% of the companies in the same industry.
- DWD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% |
OM growth 3Y-4.95%
OM growth 5Y-7.71%
PM growth 3Y-5.29%
PM growth 5Y-7.41%
GM growth 3Y-10.21%
GM growth 5Y-8.75%
2. Health
2.1 Basic Checks
- DWD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
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.
- DWD has a Altman-Z score (-0.06) which is in line with its industry peers.
- A Debt/Equity ratio of 7.41 is on the high side and indicates that DWD has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 7.41, DWD is doing worse than 65.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.30 indicates that DWD may have some problems paying its short term obligations.
- The Current ratio of DWD (0.30) is comparable to the rest of the industry.
- A Quick Ratio of 0.30 indicates that DWD may have some problems paying its short term obligations.
- DWD has a Quick ratio (0.30) which is in line with its industry peers.
| 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 28.59% 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 9.28% on average per year.
- DWD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.54%.
- DWD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.86% yearly.
EPS 1Y (TTM)28.59%
EPS 3Y18.47%
EPS 5Y9.28%
EPS Q2Q%20.72%
Revenue 1Y (TTM)11.54%
Revenue growth 3Y21.98%
Revenue growth 5Y17.86%
Sales Q2Q%10.28%
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 9.05% on average per year.
- The Revenue is expected to grow by 5.14% on average over the next years.
EPS Next Y11.93%
EPS Next 2Y10.69%
EPS Next 3Y9.25%
EPS Next 5Y9.05%
Revenue Next Year8.65%
Revenue Next 2Y7.01%
Revenue Next 3Y6.07%
Revenue Next 5Y5.14%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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
- DWD is valuated rather expensively with a Price/Earnings ratio of 17.81.
- DWD's Price/Earnings ratio is a bit cheaper when compared to the industry. DWD is cheaper than 67.80% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, DWD is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 15.91, DWD is valued correctly.
- Based on the Price/Forward Earnings ratio, DWD is valued a bit cheaper than the industry average as 72.88% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, DWD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 15.91 |
4.2 Price Multiples
- DWD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DWD is cheaper than 70.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.43 |
4.3 Compensation for Growth
- DWD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.49
PEG (5Y)1.92
EPS Next 2Y10.69%
EPS Next 3Y9.25%
5. Dividend
5.1 Amount
- DWD has a Yearly Dividend Yield of 2.19%.
- Compared to an average industry Dividend Yield of 3.08, DWD pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, DWD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
- On average, the dividend of DWD grows each year by 18.94%, which is quite nice.
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 2Y10.69%
EPS Next 3Y9.25%
MORGAN STANLEY / DWD.DE FAQ
Can you provide the ChartMill fundamental rating for MORGAN STANLEY?
ChartMill assigns a fundamental rating of 3 / 10 to DWD.DE.
What is the valuation status for DWD stock?
ChartMill assigns a valuation rating of 3 / 10 to MORGAN STANLEY (DWD.DE). This can be considered as Overvalued.
How profitable is MORGAN STANLEY (DWD.DE) stock?
MORGAN STANLEY (DWD.DE) has a profitability rating of 3 / 10.
What are the PE and PB ratios of MORGAN STANLEY (DWD.DE) stock?
The Price/Earnings (PE) ratio for MORGAN STANLEY (DWD.DE) is 17.81 and the Price/Book (PB) ratio is 2.63.
How financially healthy is MORGAN STANLEY?
The financial health rating of MORGAN STANLEY (DWD.DE) is 1 / 10.