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

FRA:DB1DE0005810055

Current stock price

263.9 EUR
+2.8 (+1.07%)
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.
  • In the past year DB1 had a positive cash flow from operations.
  • DB1 had positive earnings in each of the past 5 years.
  • Each year in the past 5 years DB1 had a positive operating cash flow.
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

  • DB1 has a Return On Assets of 0.67%. This is comparable to the rest of the industry: DB1 outperforms 48.31% of its industry peers.
  • With an excellent Return On Equity value of 17.63%, DB1 belongs to the best of the industry, outperforming 81.36% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.97%, DB1 is in the better half of the industry, outperforming 66.95% of the companies in the same industry.
  • DB1 had an Average Return On Invested Capital over the past 3 years of 4.95%. This is below the industry average of 8.97%.
  • 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

  • DB1 has a better Profit Margin (26.90%) than 75.42% of its industry peers.
  • DB1's Profit Margin has been stable in the last couple of years.
  • With a decent Operating Margin value of 40.35%, DB1 is doing good in the industry, outperforming 78.81% of the companies in the same industry.
  • In the last couple of years the Operating Margin of DB1 has remained more or less at the same level.
  • DB1 has a better Gross Margin (81.26%) than 78.81% of its industry peers.
  • 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.
  • The number of shares outstanding for DB1 has been reduced compared to 5 years ago.
  • Compared to 1 year ago, DB1 has an improved debt to assets ratio.
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 0.22, we must say that DB1 is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of DB1 (0.22) is comparable to the rest of the 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.
  • DB1's Debt to FCF ratio of 9.73 is fine compared to the rest of the industry. DB1 outperforms 63.56% of its industry peers.
  • A Debt/Equity ratio of 2.09 is on the high side and indicates that DB1 has dependencies on debt financing.
  • DB1 has a worse Debt to Equity ratio (2.09) than 60.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.09
Debt/FCF 9.73
Altman-Z 0.22
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

  • DB1 has a Current Ratio of 1.01. This is a normal value and indicates that DB1 is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Current ratio value of 1.01, DB1 is doing good in the industry, outperforming 61.02% of the companies in the same industry.
  • 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 of 1.01. This is in the better half of the industry: DB1 outperforms 61.86% of 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%.
  • The Earnings Per Share has been growing by 10.66% on average over the past years. This is quite good.
  • Looking at the last year, DB1 shows a small growth in Revenue. The Revenue has grown by 5.20% in the last year.
  • DB1 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.57% yearly.
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

  • Based on estimates for the next years, DB1 will show a small growth in Earnings Per Share. The EPS will grow by 6.96% on average per year.
  • The Revenue is expected to grow by 3.77% on average over the next years.
EPS Next Y13.88%
EPS Next 2Y10.6%
EPS Next 3Y10.41%
EPS Next 5Y6.96%
Revenue Next Year5.97%
Revenue Next 2Y5.08%
Revenue Next 3Y4.84%
Revenue Next 5Y3.77%

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.
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 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 5 10

5

4. DB1.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 24.21, DB1 is valued on the expensive side.
  • DB1's Price/Earnings ratio is in line with the industry average.
  • DB1 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.95, which is the current average of the S&P500 Index.
  • DB1 is valuated rather expensively with a Price/Forward Earnings ratio of 21.26.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of DB1 indicates a somewhat cheap valuation: DB1 is cheaper than 61.86% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 38.68, DB1 is valued a bit cheaper.
Industry RankSector Rank
PE 24.21
Fwd PE 21.26
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DB1 indicates a rather cheap valuation: DB1 is cheaper than 92.37% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DB1 indicates a rather cheap valuation: DB1 is cheaper than 81.36% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 20.23
EV/EBITDA 4.94
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

  • The 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)1.74
PEG (5Y)2.27
EPS Next 2Y10.6%
EPS Next 3Y10.41%

5

5. DB1.DE Dividend Analysis

5.1 Amount

  • DB1 has a Yearly Dividend Yield of 1.62%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.01, DB1 has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.81, DB1 has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.62%

5.2 History

  • On average, the dividend of DB1 grows each year by 6.72%, which is quite nice.
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

  • 36.80% of the earnings are spent on dividend by DB1. This is a low number and sustainable payout ratio.
  • DB1's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is 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 (4/20/2026, 5:36:15 PM)

263.9

+2.8 (+1.07%)

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 Cap49.16B
Revenue(TTM)7.41B
Net Income(TTM)1.99B
Analysts79.17
Price Target280.14 (6.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.62%
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)4.33%
EPS NQ rev (3m)6.64%
EPS NY rev (1m)2.04%
EPS NY rev (3m)3.76%
Revenue NQ rev (1m)1.29%
Revenue NQ rev (3m)-6.26%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)1.07%
Valuation
Industry RankSector Rank
PE 24.21
Fwd PE 21.26
P/S 6.63
P/FCF 20.23
P/OCF 17.5
P/B 4.35
P/tB N/A
EV/EBITDA 4.94
EPS(TTM)10.9
EY4.13%
EPS(NY)12.41
Fwd EY4.7%
FCF(TTM)13.04
FCFY4.94%
OCF(TTM)15.08
OCFY5.72%
SpS39.8
BVpS60.72
TBVpS-5.37
PEG (NY)1.74
PEG (5Y)2.27
Graham Number122.03 (-53.76%)
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 0.22
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 5Y6.96%
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 5Y3.77%
EBIT growth 1Y3.92%
EBIT growth 3Y10.8%
EBIT growth 5Y13.01%
EBIT Next Year25%
EBIT Next 3Y13.07%
EBIT Next 5Y9.81%
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 5 / 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 5 / 10 and the dividend payout ratio is 36.8%.