FLATEXDEGIRO AG (FTK.DE) Stock Fundamental Analysis
FRA:FTK - Deutsche Boerse Ag - DE000FTG1111 - Common Stock - Currency: EUR
FTK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 111 industry peers in the Capital Markets industry. While FTK has a great profitability rating, there are quite some concerns on its financial health. FTK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FTK was profitable.
In the past year FTK had a positive cash flow from operations.
FTK had positive earnings in each of the past 5 years.
Each year in the past 5 years FTK had a positive operating cash flow.
1.2 Ratios
FTK has a Return On Assets (2.07%) which is comparable to the rest of the industry.
FTK has a Return On Equity of 14.78%. This is in the better half of the industry: FTK outperforms 77.27% of its industry peers.
FTK's Return On Invested Capital of 2.31% is in line compared to the rest of the industry. FTK outperforms 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTK is significantly below the industry average of 7.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 14.78% | ||
| ROIC | 2.31% |
ROA(3y)2.08%
ROA(5y)1.88%
ROE(3y)14.3%
ROE(5y)12.89%
ROIC(3y)2.32%
ROIC(5y)2.14%
1.3 Margins
FTK has a better Profit Margin (23.24%) than 69.09% of its industry peers.
FTK's Profit Margin has improved in the last couple of years.
The Operating Margin of FTK (35.82%) is better than 77.27% of its industry peers.
In the last couple of years the Operating Margin of FTK has grown nicely.
FTK's Gross Margin of 87.58% is amongst the best of the industry. FTK outperforms 82.73% of its industry peers.
FTK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.82% | ||
| PM (TTM) | 23.24% | ||
| GM | 87.58% |
OM growth 3Y20.3%
OM growth 5Y10.74%
PM growth 3Y23.47%
PM growth 5Y15.55%
GM growth 3Y2.23%
GM growth 5Y3.48%
2. Health
2.1 Basic Checks
Compared to 1 year ago, FTK has less shares outstanding
The number of shares outstanding for FTK has been increased compared to 5 years ago.
The debt/assets ratio for FTK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that FTK is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.68, FTK is in line with its industry, outperforming 50.00% of the companies in the same industry.
FTK has a debt to FCF ratio of 6.94. This is a slightly negative value and a sign of low solvency as FTK would need 6.94 years to pay back of all of its debts.
FTK has a better Debt to FCF ratio (6.94) than 74.55% of its industry peers.
A Debt/Equity ratio of 5.89 is on the high side and indicates that FTK has dependencies on debt financing.
With a Debt to Equity ratio value of 5.89, FTK is not doing good in the industry: 67.27% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.89 | ||
| Debt/FCF | 6.94 | ||
| Altman-Z | 0.68 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FTK has a Current Ratio of 1.05. This is a normal value and indicates that FTK is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.05, FTK is doing good in the industry, outperforming 63.64% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that FTK should not have too much problems paying its short term obligations.
FTK has a better Quick ratio (1.05) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
FTK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.05%, which is quite impressive.
FTK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.70% yearly.
Looking at the last year, FTK shows a very strong growth in Revenue. The Revenue has grown by 22.85%.
The Revenue has been growing by 29.47% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)56.05%
EPS 3Y29.43%
EPS 5Y39.7%
EPS Q2Q%-0.85%
Revenue 1Y (TTM)22.85%
Revenue growth 3Y4.75%
Revenue growth 5Y29.47%
Sales Q2Q%18.21%
3.2 Future
FTK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.07% yearly.
FTK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.20% yearly.
EPS Next Y10.19%
EPS Next 2Y13.36%
EPS Next 3Y14.6%
EPS Next 5Y4.07%
Revenue Next Year6.73%
Revenue Next 2Y7.43%
Revenue Next 3Y8.83%
Revenue Next 5Y6.2%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 22.76, FTK is valued on the expensive side.
FTK's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.35, FTK is valued at the same level.
Based on the Price/Forward Earnings ratio of 19.23, the valuation of FTK can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTK indicates a somewhat cheap valuation: FTK is cheaper than 67.27% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FTK to the average of the S&P500 Index (22.19), we can say FTK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 19.23 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FTK is valued cheaply inside the industry as 97.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.98 | ||
| EV/EBITDA | -5.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FTK does not grow enough to justify the current Price/Earnings ratio.
FTK has a very decent profitability rating, which may justify a higher PE ratio.
FTK's earnings are expected to grow with 14.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.23
PEG (5Y)0.57
EPS Next 2Y13.36%
EPS Next 3Y14.6%
5. Dividend
5.1 Amount
FTK has a yearly dividend return of 0.17%, which is pretty low.
FTK's Dividend Yield is comparable with the industry average which is at 4.46.
With a Dividend Yield of 0.17, FTK pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
FTK pays out 3.95% of its income as dividend. This is a sustainable payout ratio.
DP3.95%
EPS Next 2Y13.36%
EPS Next 3Y14.6%
FRA:FTK (6/20/2025, 5:35:30 PM)
23.22
+0.22 (+0.96%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners44.93%
Inst Owner ChangeN/A
Ins Owners1.4%
Ins Owner ChangeN/A
Market Cap2.56B
Analysts73.33
Price Target25.04 (7.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
Yearly Dividend0.04
Dividend Growth(5Y)N/A
DP3.95%
Div Incr Years0
Div Non Decr Years1
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)4.99%
PT rev (3m)27.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 19.23 | ||
| P/S | 5.33 | ||
| P/FCF | 3.98 | ||
| P/OCF | 3.75 | ||
| P/B | 3.39 | ||
| P/tB | 7.76 | ||
| EV/EBITDA | -5.24 |
EPS(TTM)1.02
EY4.39%
EPS(NY)1.21
Fwd EY5.2%
FCF(TTM)5.83
FCFY25.11%
OCF(TTM)6.2
OCFY26.7%
SpS4.36
BVpS6.85
TBVpS2.99
PEG (NY)2.23
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 14.78% | ||
| ROCE | 20.05% | ||
| ROIC | 2.31% | ||
| ROICexc | 6.91% | ||
| ROICexgc | 9.11% | ||
| OM | 35.82% | ||
| PM (TTM) | 23.24% | ||
| GM | 87.58% | ||
| FCFM | 133.79% |
ROA(3y)2.08%
ROA(5y)1.88%
ROE(3y)14.3%
ROE(5y)12.89%
ROIC(3y)2.32%
ROIC(5y)2.14%
ROICexc(3y)6.74%
ROICexc(5y)5.55%
ROICexgc(3y)9.19%
ROICexgc(5y)7.55%
ROCE(3y)18.9%
ROCE(5y)16.96%
ROICexcg growth 3Y28.68%
ROICexcg growth 5Y15.58%
ROICexc growth 3Y27.16%
ROICexc growth 5Y13.5%
OM growth 3Y20.3%
OM growth 5Y10.74%
PM growth 3Y23.47%
PM growth 5Y15.55%
GM growth 3Y2.23%
GM growth 5Y3.48%
F-Score8
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.89 | ||
| Debt/FCF | 6.94 | ||
| Debt/EBITDA | 20.94 | ||
| Cap/Depr | 100.56% | ||
| Cap/Sales | 8.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 321.8% | ||
| Profit Quality | 575.81% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 0.68 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)121.57%
Cap/Depr(5y)106.81%
Cap/Sales(3y)9.59%
Cap/Sales(5y)8.27%
Profit Quality(3y)619.19%
Profit Quality(5y)864.83%
High Growth Momentum
Growth
EPS 1Y (TTM)56.05%
EPS 3Y29.43%
EPS 5Y39.7%
EPS Q2Q%-0.85%
EPS Next Y10.19%
EPS Next 2Y13.36%
EPS Next 3Y14.6%
EPS Next 5Y4.07%
Revenue 1Y (TTM)22.85%
Revenue growth 3Y4.75%
Revenue growth 5Y29.47%
Sales Q2Q%18.21%
Revenue Next Year6.73%
Revenue Next 2Y7.43%
Revenue Next 3Y8.83%
Revenue Next 5Y6.2%
EBIT growth 1Y38.21%
EBIT growth 3Y26.02%
EBIT growth 5Y43.37%
EBIT Next Year37.86%
EBIT Next 3Y23.25%
EBIT Next 5Y9.11%
FCF growth 1Y29.54%
FCF growth 3Y20.8%
FCF growth 5YN/A
OCF growth 1Y27.78%
OCF growth 3Y20.46%
OCF growth 5YN/A