FLATEXDEGIRO AG (FTK.DE) Stock Fundamental Analysis
FRA:FTK - Deutsche Boerse Ag - DE000FTG1111 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to FTK. FTK was compared to 108 industry peers in the Capital Markets industry. While FTK belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FTK was profitable.
FTK had a positive operating cash flow in the past year.
Each year in the past 5 years FTK has been profitable.
FTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.07%, FTK is doing good in the industry, outperforming 61.82% of the companies in the same industry.
With a decent Return On Equity value of 14.78%, FTK is doing good in the industry, outperforming 72.73% of the companies in the same industry.
With a decent Return On Invested Capital value of 2.31%, FTK is doing good in the industry, outperforming 60.91% of the companies in the same industry.
FTK had an Average Return On Invested Capital over the past 3 years of 2.32%. This is significantly below the industry average of 8.17%.
| 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 Profit Margin of 23.24%. This is in the better half of the industry: FTK outperforms 64.55% of its industry peers.
FTK's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 35.82%, FTK is in the better half of the industry, outperforming 75.45% of the companies in the same industry.
FTK's Operating Margin has improved in the last couple of years.
FTK has a better Gross Margin (87.58%) than 84.55% of its industry peers.
In the last couple of years the Gross Margin of FTK has grown nicely.
| 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
FTK has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTK has more shares outstanding
The debt/assets ratio for FTK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.70, 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 0.70, FTK is in line with its industry, outperforming 50.91% of the companies in the same industry.
The Debt to FCF ratio of FTK is 6.94, which is on the high side as it means it would take FTK, 6.94 years of fcf income to pay off all of its debts.
FTK has a better Debt to FCF ratio (6.94) than 76.36% 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.
FTK's Debt to Equity ratio of 5.89 is on the low side compared to the rest of the industry. FTK is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.89 | ||
| Debt/FCF | 6.94 | ||
| Altman-Z | 0.7 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.05 indicates that FTK should not have too much problems paying its short term obligations.
The Current ratio of FTK (1.05) is better than 62.73% of its industry peers.
FTK has a Quick 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.
The Quick ratio of FTK (1.05) is better than 64.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 56.05% over the past year.
Measured over the past years, FTK shows a very strong growth in Earnings Per Share. The EPS has been growing by 39.70% on average per year.
FTK shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.85%.
Measured over the past years, FTK shows a very strong growth in Revenue. The Revenue has been growing by 29.47% on average per year.
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
The Earnings Per Share is expected to grow by 4.07% on average over the next years.
Based on estimates for the next years, FTK will show a small growth in Revenue. The Revenue will grow by 4.33% on average per year.
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 5Y4.33%
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 decreasing.
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
The Price/Earnings ratio is 24.10, which indicates a rather expensive current valuation of FTK.
The rest of the industry has a similar Price/Earnings ratio as FTK.
When comparing the Price/Earnings ratio of FTK to the average of the S&P500 Index (24.21), we can say FTK is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.35, the valuation of FTK can be described as rather expensive.
FTK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTK is cheaper than 65.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.44. FTK is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.1 | ||
| Fwd PE | 20.35 |
4.2 Price Multiples
FTK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FTK is cheaper than 97.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.22 | ||
| EV/EBITDA | -4.42 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FTK has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FTK's earnings are expected to grow with 14.60% in the coming years.
PEG (NY)2.36
PEG (5Y)0.61
EPS Next 2Y13.36%
EPS Next 3Y14.6%
5. Dividend
5.1 Amount
With a yearly dividend of 0.16%, FTK is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.49, FTK has a dividend in line with its industry peers.
With a Dividend Yield of 0.16, FTK pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
3.95% of the earnings are spent on dividend by FTK. This is a low number and sustainable payout ratio.
DP3.95%
EPS Next 2Y13.36%
EPS Next 3Y14.6%
FRA:FTK (5/9/2025, 7:00:00 PM)
24.58
+0.08 (+0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners52.04%
Inst Owner ChangeN/A
Ins Owners1.4%
Ins Owner ChangeN/A
Market Cap2.71B
Analysts74.67
Price Target23.23 (-5.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Yearly Dividend0.04
Dividend Growth(5Y)N/A
DP3.95%
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)14.12%
PT rev (3m)40.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.53%
EPS NY rev (3m)2.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.86%
Revenue NY rev (3m)4.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.1 | ||
| Fwd PE | 20.35 | ||
| P/S | 5.64 | ||
| P/FCF | 4.22 | ||
| P/OCF | 3.97 | ||
| P/B | 3.59 | ||
| P/tB | 8.21 | ||
| EV/EBITDA | -4.42 |
EPS(TTM)1.02
EY4.15%
EPS(NY)1.21
Fwd EY4.91%
FCF(TTM)5.83
FCFY23.72%
OCF(TTM)6.2
OCFY25.22%
SpS4.36
BVpS6.85
TBVpS2.99
PEG (NY)2.36
PEG (5Y)0.61
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 | 0.7 |
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 5Y4.33%
EBIT growth 1Y38.21%
EBIT growth 3Y26.02%
EBIT growth 5Y43.37%
EBIT Next Year33.22%
EBIT Next 3Y20.25%
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