DEUTSCHE BOERSE AG (DB1.DE) Fundamental Analysis & Valuation

FRA:DB1DE0005810055

Current stock price

266.95 EUR
+0.25 (+0.09%)
Last:

This DB1.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. DB1.DE Profitability Analysis

1.1 Basic Checks

  • In the past year DB1 was profitable.
  • DB1 had a positive operating cash flow in the past year.
  • DB1 had positive earnings in each of the past 5 years.
  • In the past 5 years DB1 always reported a positive cash flow from operatings.
DB1.DE Yearly Net Income VS EBIT VS OCF VS FCFDB1.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • The Return On Assets of DB1 (0.67%) is comparable to the rest of the industry.
  • With a decent Return On Equity value of 17.63%, DB1 is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • DB1's Return On Invested Capital of 4.97% is fine compared to the rest of the industry. DB1 outperforms 68.70% of its industry peers.
  • DB1 had an Average Return On Invested Capital over the past 3 years of 4.95%. This is below the industry average of 8.59%.
  • The last Return On Invested Capital (4.97%) for DB1 is above the 3 year average (4.95%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.67%
ROE 17.63%
ROIC 4.97%
ROA(3y)0.76%
ROA(5y)0.67%
ROE(3y)17.86%
ROE(5y)17.6%
ROIC(3y)4.95%
ROIC(5y)4.5%
DB1.DE Yearly ROA, ROE, ROICDB1.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • With a decent Profit Margin value of 26.90%, DB1 is doing good in the industry, outperforming 76.52% of the companies in the same industry.
  • In the last couple of years the Profit Margin of DB1 has remained more or less at the same level.
  • DB1 has a better Operating Margin (40.35%) than 80.87% of its industry peers.
  • DB1's Operating Margin has been stable in the last couple of years.
  • With a decent Gross Margin value of 81.26%, DB1 is doing good in the industry, outperforming 79.13% of the companies in the same industry.
  • DB1's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 40.35%
PM (TTM) 26.9%
GM 81.26%
OM growth 3Y-0.73%
OM growth 5Y-1.36%
PM growth 3Y-1.35%
PM growth 5Y-1.32%
GM growth 3Y-0.03%
GM growth 5Y-1.02%
DB1.DE Yearly Profit, Operating, Gross MarginsDB1.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

4

2. DB1.DE Health Analysis

2.1 Basic Checks

  • The number of shares outstanding for DB1 has been reduced compared to 1 year ago.
  • DB1 has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for DB1 has been reduced compared to a year ago.
DB1.DE Yearly Shares OutstandingDB1.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
DB1.DE Yearly Total Debt VS Total AssetsDB1.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B 250B

2.2 Solvency

  • Based on the Altman-Z score of 0.23, we must say that DB1 is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.23, DB1 is in line with its industry, outperforming 46.09% of the companies in the same industry.
  • DB1 has a debt to FCF ratio of 9.73. This is a negative value and a sign of low solvency as DB1 would need 9.73 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 9.73, DB1 is doing good in the industry, outperforming 65.22% of the companies in the same industry.
  • DB1 has a Debt/Equity ratio of 2.09. This is a high value indicating a heavy dependency on external financing.
  • DB1's Debt to Equity ratio of 2.09 is on the low side compared to the rest of the industry. DB1 is outperformed by 60.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.09
Debt/FCF 9.73
Altman-Z 0.23
ROIC/WACCN/A
WACCN/A
DB1.DE Yearly LT Debt VS Equity VS FCFDB1.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.01 indicates that DB1 should not have too much problems paying its short term obligations.
  • DB1 has a Current ratio of 1.01. This is comparable to the rest of the industry: DB1 outperforms 59.13% of its industry peers.
  • A Quick Ratio of 1.01 indicates that DB1 should not have too much problems paying its short term obligations.
  • DB1 has a Quick ratio (1.01) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 1.01
DB1.DE Yearly Current Assets VS Current LiabilitesDB1.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B 250B

4

3. DB1.DE Growth Analysis

3.1 Past

  • DB1 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.83%.
  • DB1 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.66% yearly.
  • The Revenue has been growing slightly by 5.20% in the past year.
  • The Revenue has been growing by 14.57% on average over the past years. This is quite good.
EPS 1Y (TTM)2.83%
EPS 3Y10.22%
EPS 5Y10.66%
EPS Q2Q%-2.9%
Revenue 1Y (TTM)5.2%
Revenue growth 3Y11.61%
Revenue growth 5Y14.57%
Sales Q2Q%1.63%

3.2 Future

  • DB1 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.77% yearly.
  • The Revenue is expected to grow by 2.06% on average over the next years.
EPS Next Y13.88%
EPS Next 2Y10.6%
EPS Next 3Y10.41%
EPS Next 5Y3.77%
Revenue Next Year5.97%
Revenue Next 2Y5.08%
Revenue Next 3Y4.84%
Revenue Next 5Y2.06%

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.
DB1.DE Yearly Revenue VS EstimatesDB1.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
DB1.DE Yearly EPS VS EstimatesDB1.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10

4

4. DB1.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 24.49, DB1 is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of DB1 is on the same level as its industry peers.
  • DB1's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.42.
  • Based on the Price/Forward Earnings ratio of 21.51, the valuation of DB1 can be described as rather expensive.
  • DB1's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 22.29. DB1 is around the same levels.
Industry RankSector Rank
PE 24.49
Fwd PE 21.51
DB1.DE Price Earnings VS Forward Price EarningsDB1.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, DB1 is valued cheaper than 91.30% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, DB1 is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 20.47
EV/EBITDA 5.24
DB1.DE Per share dataDB1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • DB1's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • DB1 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.76
PEG (5Y)2.3
EPS Next 2Y10.6%
EPS Next 3Y10.41%

4

5. DB1.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.58%, DB1 has a reasonable but not impressive dividend return.
  • DB1's Dividend Yield is comparable with the industry average which is at 3.11.
  • DB1's Dividend Yield is comparable with the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.58%

5.2 History

  • The dividend of DB1 is nicely growing with an annual growth rate of 6.72%!
Dividend Growth(5Y)6.72%
Div Incr Years1
Div Non Decr Years7
DB1.DE Yearly Dividends per shareDB1.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

5.3 Sustainability

  • DB1 pays out 36.80% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of DB1 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.8%
EPS Next 2Y10.6%
EPS Next 3Y10.41%
DB1.DE Yearly Income VS Free CF VS DividendDB1.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
DB1.DE Dividend Payout.DB1.DE Dividend Payout, showing the Payout Ratio.DB1.DE Dividend Payout.PayoutRetained Earnings

DB1.DE Fundamentals: All Metrics, Ratios and Statistics

DEUTSCHE BOERSE AG

FRA:DB1 (4/27/2026, 5:15:47 PM)

266.95

+0.25 (+0.09%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-11
Earnings (Next)04-27
Inst Owners63.75%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap49.73B
Revenue(TTM)7.41B
Net Income(TTM)1.99B
Analysts79.17
Price Target280.14 (4.94%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.58%
Yearly Dividend4.01
Dividend Growth(5Y)6.72%
DP36.8%
Div Incr Years1
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-1.81%
Max EPS beat(2)0.03%
EPS beat(4)1
Avg EPS beat(4)-1.65%
Min EPS beat(4)-3.31%
Max EPS beat(4)0.03%
EPS beat(8)4
Avg EPS beat(8)-0.17%
EPS beat(12)6
Avg EPS beat(12)-0.4%
EPS beat(16)10
Avg EPS beat(16)0.89%
Revenue beat(2)0
Avg Revenue beat(2)-2.18%
Min Revenue beat(2)-2.31%
Max Revenue beat(2)-2.05%
Revenue beat(4)0
Avg Revenue beat(4)-2.34%
Min Revenue beat(4)-2.9%
Max Revenue beat(4)-2.05%
Revenue beat(8)0
Avg Revenue beat(8)-1.59%
Revenue beat(12)2
Avg Revenue beat(12)0.87%
Revenue beat(16)6
Avg Revenue beat(16)6.95%
PT rev (1m)5.57%
PT rev (3m)4.12%
EPS NQ rev (1m)4.11%
EPS NQ rev (3m)7.45%
EPS NY rev (1m)2.04%
EPS NY rev (3m)3.41%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)-5.75%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)1.07%
Valuation
Industry RankSector Rank
PE 24.49
Fwd PE 21.51
P/S 6.71
P/FCF 20.47
P/OCF 17.7
P/B 4.4
P/tB N/A
EV/EBITDA 5.24
EPS(TTM)10.9
EY4.08%
EPS(NY)12.41
Fwd EY4.65%
FCF(TTM)13.04
FCFY4.89%
OCF(TTM)15.08
OCFY5.65%
SpS39.8
BVpS60.72
TBVpS-5.37
PEG (NY)1.76
PEG (5Y)2.3
Graham Number122.03 (-54.29%)
Profitability
Industry RankSector Rank
ROA 0.67%
ROE 17.63%
ROCE 11.29%
ROIC 4.97%
ROICexc 8.77%
ROICexgc 17.11%
OM 40.35%
PM (TTM) 26.9%
GM 81.26%
FCFM 32.78%
ROA(3y)0.76%
ROA(5y)0.67%
ROE(3y)17.86%
ROE(5y)17.6%
ROIC(3y)4.95%
ROIC(5y)4.5%
ROICexc(3y)9.4%
ROICexc(5y)8.64%
ROICexgc(3y)21.42%
ROICexgc(5y)18.2%
ROCE(3y)10.77%
ROCE(5y)9.94%
ROICexgc growth 3Y14.33%
ROICexgc growth 5Y8.37%
ROICexc growth 3Y6.09%
ROICexc growth 5Y2.69%
OM growth 3Y-0.73%
OM growth 5Y-1.36%
PM growth 3Y-1.35%
PM growth 5Y-1.32%
GM growth 3Y-0.03%
GM growth 5Y-1.02%
F-Score5
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 2.09
Debt/FCF 9.73
Debt/EBITDA 6.78
Cap/Depr 76.31%
Cap/Sales 5.13%
Interest Coverage 2.21
Cash Conversion 80.53%
Profit Quality 121.83%
Current Ratio 1.01
Quick Ratio 1.01
Altman-Z 0.23
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)74.2%
Cap/Depr(5y)78.61%
Cap/Sales(3y)4.87%
Cap/Sales(5y)5.07%
Profit Quality(3y)119.78%
Profit Quality(5y)112.37%
High Growth Momentum
Growth
EPS 1Y (TTM)2.83%
EPS 3Y10.22%
EPS 5Y10.66%
EPS Q2Q%-2.9%
EPS Next Y13.88%
EPS Next 2Y10.6%
EPS Next 3Y10.41%
EPS Next 5Y3.77%
Revenue 1Y (TTM)5.2%
Revenue growth 3Y11.61%
Revenue growth 5Y14.57%
Sales Q2Q%1.63%
Revenue Next Year5.97%
Revenue Next 2Y5.08%
Revenue Next 3Y4.84%
Revenue Next 5Y2.06%
EBIT growth 1Y3.92%
EBIT growth 3Y10.8%
EBIT growth 5Y13.01%
EBIT Next Year25%
EBIT Next 3Y13.07%
EBIT Next 5Y6.42%
FCF growth 1Y18.53%
FCF growth 3Y4.03%
FCF growth 5Y14.84%
OCF growth 1Y16.56%
OCF growth 3Y4.2%
OCF growth 5Y14.76%

DEUTSCHE BOERSE AG / DB1.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for DEUTSCHE BOERSE AG?

ChartMill assigns a fundamental rating of 5 / 10 to DB1.DE.


What is the valuation status for DB1 stock?

ChartMill assigns a valuation rating of 4 / 10 to DEUTSCHE BOERSE AG (DB1.DE). This can be considered as Fairly Valued.


What is the profitability of DB1 stock?

DEUTSCHE BOERSE AG (DB1.DE) has a profitability rating of 7 / 10.


How financially healthy is DEUTSCHE BOERSE AG?

The financial health rating of DEUTSCHE BOERSE AG (DB1.DE) is 4 / 10.


Is the dividend of DEUTSCHE BOERSE AG sustainable?

The dividend rating of DEUTSCHE BOERSE AG (DB1.DE) is 4 / 10 and the dividend payout ratio is 36.8%.