SMARTBROKER HOLDING AG (SB1.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:SB1 • DE000A2GS609
13.8 EUR
+0.25 (+1.85%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, SB1 scores 4 out of 10 in our fundamental rating. SB1 was compared to 21 industry peers in the Interactive Media & Services industry. No worries on liquidiy or solvency for SB1 as it has an excellent financial health rating, but there are worries on the profitability. SB1 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- SB1 had negative earnings in the past year.
- In the past year SB1 had a positive cash flow from operations.
- In the past 5 years SB1 reported 4 times negative net income.
- In the past 5 years SB1 always reported a positive cash flow from operatings.
1.2 Ratios
- SB1 has a Return On Assets of -8.19%. This is in the lower half of the industry: SB1 underperforms 78.95% of its industry peers.
- SB1 has a Return On Equity of -10.34%. This is comparable to the rest of the industry: SB1 outperforms 47.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.19% | ||
| ROE | -10.34% | ||
| ROIC | N/A |
ROA(3y)-8.36%
ROA(5y)-3.77%
ROE(3y)-12.32%
ROE(5y)-5.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Gross Margin of SB1 (51.30%) is worse than 73.68% of its industry peers.
- SB1's Gross Margin has declined in the last couple of years.
- SB1 does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 51.3% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.04%
GM growth 5Y-6.47%
2. Health
2.1 Basic Checks
- SB1 does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, SB1 has more shares outstanding
- The number of shares outstanding for SB1 has been increased compared to 5 years ago.
- SB1 has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 14.02 indicates that SB1 is not in any danger for bankruptcy at the moment.
- SB1 has a Altman-Z score of 14.02. This is in the better half of the industry: SB1 outperforms 78.95% of its industry peers.
- The Debt to FCF ratio of SB1 is 1.11, which is an excellent value as it means it would take SB1, only 1.11 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.11, SB1 is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
- SB1 has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of SB1 (0.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 14.02 |
ROIC/WACCN/A
WACC7.25%
2.3 Liquidity
- A Current Ratio of 8.54 indicates that SB1 has no problem at all paying its short term obligations.
- SB1 has a Current ratio of 8.54. This is amongst the best in the industry. SB1 outperforms 100.00% of its industry peers.
- A Quick Ratio of 8.54 indicates that SB1 has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 8.54, SB1 belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.54 | ||
| Quick Ratio | 8.54 |
3. Growth
3.1 Past
- SB1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.00%, which is quite impressive.
- The Revenue has grown by 21.89% in the past year. This is a very strong growth!
- Measured over the past years, SB1 shows a very strong growth in Revenue. The Revenue has been growing by 43.75% on average per year.
EPS 1Y (TTM)31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-150.52%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y2.88%
Revenue growth 5Y43.75%
Sales Q2Q%26.63%
3.2 Future
- The Earnings Per Share is expected to grow by 62.06% on average over the next years. This is a very strong growth
- SB1 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.90% yearly.
EPS Next Y-382.05%
EPS Next 2Y-39.6%
EPS Next 3Y62.06%
EPS Next 5YN/A
Revenue Next Year23.56%
Revenue Next 2Y18.39%
Revenue Next 3Y17.19%
Revenue Next 5Y11.9%
3.3 Evolution
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for SB1. In the last year negative earnings were reported.
- Also next year SB1 is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- SB1's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SB1 is more expensive than 73.68% of the companies in the same industry.
- 63.16% of the companies in the same industry are cheaper than SB1, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.26 | ||
| EV/EBITDA | 35.09 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as SB1's earnings are expected to grow with 62.06% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-39.6%
EPS Next 3Y62.06%
5. Dividend
5.1 Amount
- No dividends for SB1!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
SMARTBROKER HOLDING AG / SB1.DE FAQ
What is the fundamental rating for SB1 stock?
ChartMill assigns a fundamental rating of 4 / 10 to SB1.DE.
What is the valuation status for SB1 stock?
ChartMill assigns a valuation rating of 1 / 10 to SMARTBROKER HOLDING AG (SB1.DE). This can be considered as Overvalued.
Can you provide the profitability details for SMARTBROKER HOLDING AG?
SMARTBROKER HOLDING AG (SB1.DE) has a profitability rating of 1 / 10.
What is the expected EPS growth for SMARTBROKER HOLDING AG (SB1.DE) stock?
The Earnings per Share (EPS) of SMARTBROKER HOLDING AG (SB1.DE) is expected to decline by -382.05% in the next year.