GOLDMAN SACHS GROUP INC (GOS.DE) Stock Fundamental Analysis
FRA:GOS - Deutsche Boerse Ag - US38141G1040 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to GOS. GOS was compared to 106 industry peers in the Capital Markets industry. There are concerns on the financial health of GOS while its profitability can be described as average. GOS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
GOS had positive earnings in the past year.
GOS had a negative operating cash flow in the past year.
GOS had positive earnings in each of the past 5 years.
In multiple years GOS reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of GOS (0.81%) is comparable to the rest of the industry.
GOS has a better Return On Equity (11.09%) than 65.09% of its industry peers.
GOS has a Return On Invested Capital (1.08%) which is comparable to the rest of the industry.
GOS had an Average Return On Invested Capital over the past 3 years of 0.90%. This is significantly below the industry average of 8.17%.
The 3 year average ROIC (0.90%) for GOS is below the current ROIC(1.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 11.09% | ||
| ROIC | 1.08% |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.18%
1.3 Margins
With a Profit Margin value of 10.66%, GOS perfoms like the industry average, outperforming 56.60% of the companies in the same industry.
GOS's Profit Margin has declined in the last couple of years.
GOS's Operating Margin of 14.56% is fine compared to the rest of the industry. GOS outperforms 62.26% of its industry peers.
GOS's Operating Margin has declined in the last couple of years.
GOS has a Gross Margin (36.88%) which is in line with its industry peers.
In the last couple of years the Gross Margin of GOS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.56% | ||
| PM (TTM) | 10.66% | ||
| GM | 36.88% |
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
2. Health
2.1 Basic Checks
The number of shares outstanding for GOS has been reduced compared to 1 year ago.
GOS has less shares outstanding than it did 5 years ago.
GOS has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.25, we must say that GOS is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.25, GOS perfoms like the industry average, outperforming 40.57% of the companies in the same industry.
A Debt/Equity ratio of 8.32 is on the high side and indicates that GOS has dependencies on debt financing.
With a Debt to Equity ratio value of 8.32, GOS is not doing good in the industry: 65.09% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.25 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.29 indicates that GOS may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.29, GOS is in line with its industry, outperforming 42.45% of the companies in the same industry.
GOS has a Quick Ratio of 0.29. This is a bad value and indicates that GOS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of GOS (0.29) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.25% over the past year.
The Earnings Per Share has been growing by 14.07% on average over the past years. This is quite good.
Looking at the last year, GOS shows a quite strong growth in Revenue. The Revenue has grown by 9.59% in the last year.
The Revenue has been growing by 18.23% on average over the past years. This is quite good.
EPS 1Y (TTM)68.25%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%21.93%
Revenue 1Y (TTM)9.59%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%5.97%
3.2 Future
Based on estimates for the next years, GOS will show a small growth in Earnings Per Share. The EPS will grow by 7.88% on average per year.
GOS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.67% yearly.
EPS Next Y14.31%
EPS Next 2Y13.14%
EPS Next 3Y12.56%
EPS Next 5Y7.88%
Revenue Next Year6.51%
Revenue Next 2Y5.48%
Revenue Next 3Y4.53%
Revenue Next 5Y2.67%
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.
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
With a Price/Earnings ratio of 12.82, GOS is valued correctly.
Based on the Price/Earnings ratio, GOS is valued a bit cheaper than 73.58% of the companies in the same industry.
GOS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.29.
Based on the Price/Forward Earnings ratio of 10.65, the valuation of GOS can be described as reasonable.
Based on the Price/Forward Earnings ratio, GOS is valued cheaper than 83.02% of the companies in the same industry.
GOS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOS is valued a bit cheaper than the industry average as 74.53% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.78 |
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.
A more expensive valuation may be justified as GOS's earnings are expected to grow with 12.56% in the coming years.
PEG (NY)0.9
PEG (5Y)0.91
EPS Next 2Y13.14%
EPS Next 3Y12.56%
5. Dividend
5.1 Amount
GOS has a Yearly Dividend Yield of 2.17%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of GOS has falen by -22.93%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 6.56, GOS has a dividend in line with its industry peers.
GOS's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
The dividend of GOS is nicely growing with an annual growth rate of 19.24%!
Dividend Growth(5Y)19.24%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
33.25% of the earnings are spent on dividend by GOS. This is a low number and sustainable payout ratio.
GOS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.25%
EPS Next 2Y13.14%
EPS Next 3Y12.56%
FRA:GOS (5/7/2025, 4:40:31 PM)
487.9
-2.85 (-0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners73.6%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap151.63B
Analysts76
Price Target525.89 (7.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
Yearly Dividend12.51
Dividend Growth(5Y)19.24%
DP33.25%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.75%
Min EPS beat(2)18.43%
Max EPS beat(2)41.07%
EPS beat(4)4
Avg EPS beat(4)22.78%
Min EPS beat(4)0.29%
Max EPS beat(4)41.07%
EPS beat(8)6
Avg EPS beat(8)19.38%
EPS beat(12)9
Avg EPS beat(12)12.47%
EPS beat(16)12
Avg EPS beat(16)18.77%
Revenue beat(2)2
Avg Revenue beat(2)6.57%
Min Revenue beat(2)4.48%
Max Revenue beat(2)8.67%
Revenue beat(4)3
Avg Revenue beat(4)4.8%
Min Revenue beat(4)-0.77%
Max Revenue beat(4)8.67%
Revenue beat(8)6
Avg Revenue beat(8)14.23%
Revenue beat(12)10
Avg Revenue beat(12)25.84%
Revenue beat(16)14
Avg Revenue beat(16)26.81%
PT rev (1m)-13.63%
PT rev (3m)-14.57%
EPS NQ rev (1m)-1.71%
EPS NQ rev (3m)-1.41%
EPS NY rev (1m)-2.33%
EPS NY rev (3m)-2.96%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.43%
Revenue NY rev (1m)-2.43%
Revenue NY rev (3m)-2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.65 | ||
| P/S | 1.35 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.41 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 15.78 |
EPS(TTM)38.05
EY7.8%
EPS(NY)45.83
Fwd EY9.39%
FCF(TTM)-43.48
FCFYN/A
OCF(TTM)-37.54
OCFYN/A
SpS360.41
BVpS346.61
TBVpS327.57
PEG (NY)0.9
PEG (5Y)0.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 11.09% | ||
| ROCE | 3.21% | ||
| ROIC | 1.08% | ||
| ROICexc | 1.25% | ||
| ROICexgc | 1.26% | ||
| OM | 14.56% | ||
| PM (TTM) | 10.66% | ||
| GM | 36.88% | ||
| FCFM | N/A |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.18%
ROICexc(3y)1.1%
ROICexc(5y)1.47%
ROICexgc(3y)1.11%
ROICexgc(5y)1.48%
ROCE(3y)2.51%
ROCE(5y)3.11%
ROICexcg growth 3Y-19.38%
ROICexcg growth 5Y-1.43%
ROICexc growth 3Y-19.4%
ROICexc growth 5Y-1.39%
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 48.68 | ||
| Cap/Depr | 87.42% | ||
| Cap/Sales | 1.65% | ||
| Interest Coverage | 0.25 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | -0.25 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)95.93%
Cap/Depr(5y)170.22%
Cap/Sales(3y)3.08%
Cap/Sales(5y)5.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68.25%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%21.93%
EPS Next Y14.31%
EPS Next 2Y13.14%
EPS Next 3Y12.56%
EPS Next 5Y7.88%
Revenue 1Y (TTM)9.59%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%5.97%
Revenue Next Year6.51%
Revenue Next 2Y5.48%
Revenue Next 3Y4.53%
Revenue Next 5Y2.67%
EBIT growth 1Y59.99%
EBIT growth 3Y-11.94%
EBIT growth 5Y11.78%
EBIT Next Year1.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.97%
OCF growth 3YN/A
OCF growth 5YN/A