Logo image of DBK.DE

DEUTSCHE BANK AG-REGISTERED (DBK.DE) Stock Fundamental Analysis

FRA:DBK - Deutsche Boerse Ag - DE0005140008 - Common Stock - Currency: EUR

22.095  -0.37 (-1.65%)

Fundamental Rating

4

DBK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 102 industry peers in the Capital Markets industry. DBK may be in some trouble as it scores bad on both profitability and health. DBK has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

DBK had positive earnings in the past year.
DBK had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: DBK reported negative operating cash flow in multiple years.
DBK.DE Yearly Net Income VS EBIT VS OCF VS FCFDBK.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B -40B 60B

1.2 Ratios

The Return On Assets of DBK (0.19%) is comparable to the rest of the industry.
DBK has a Return On Equity (3.47%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA 0.19%
ROE 3.47%
ROIC N/A
ROA(3y)0.3%
ROA(5y)0.21%
ROE(3y)5.49%
ROE(5y)3.95%
ROIC(3y)N/A
ROIC(5y)N/A
DBK.DE Yearly ROA, ROE, ROICDBK.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10

1.3 Margins

DBK has a Profit Margin (8.97%) which is in line with its industry peers.
In the last couple of years the Profit Margin of DBK has grown nicely.
The Operating Margin and Gross Margin are not available for DBK so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 8.97%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y8.1%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
DBK.DE Yearly Profit, Operating, Gross MarginsDBK.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

More info and screens

2

2. Health

2.1 Basic Checks

Compared to 1 year ago, DBK has less shares outstanding
DBK has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, DBK has an improved debt to assets ratio.
DBK.DE Yearly Shares OutstandingDBK.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
DBK.DE Yearly Total Debt VS Total AssetsDBK.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500B 1T 1.5T

2.2 Solvency

DBK has a Debt/Equity ratio of 2.84. This is a high value indicating a heavy dependency on external financing.
DBK has a Debt to Equity ratio (2.84) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 2.84
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
DBK.DE Yearly LT Debt VS Equity VS FCFDBK.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B -50B 100B 150B 200B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
DBK.DE Yearly Current Assets VS Current LiabilitesDBK.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

More info and screens

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 8.04% over the past year.
DBK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.68% yearly.
Looking at the last year, DBK shows a small growth in Revenue. The Revenue has grown by 4.20% in the last year.
DBK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.02% yearly.
EPS 1Y (TTM)8.04%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%-23.19%
Revenue 1Y (TTM)4.2%
Revenue growth 3Y2.18%
Revenue growth 5Y3.02%
Sales Q2Q%11.02%

3.2 Future

DBK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.83% yearly.
The Revenue is expected to grow by 2.90% on average over the next years.
EPS Next Y16.52%
EPS Next 2Y14.15%
EPS Next 3Y12.83%
EPS Next 5YN/A
Revenue Next Year4.6%
Revenue Next 2Y3.61%
Revenue Next 3Y3.23%
Revenue Next 5Y2.9%

3.3 Evolution

The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
DBK.DE Yearly Revenue VS EstimatesDBK.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10B 20B 30B
DBK.DE Yearly EPS VS EstimatesDBK.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 9.13 indicates a reasonable valuation of DBK.
Based on the Price/Earnings ratio, DBK is valued cheaper than 87.62% of the companies in the same industry.
DBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 7.84 indicates a rather cheap valuation of DBK.
DBK's Price/Forward Earnings ratio is rather cheap when compared to the industry. DBK is cheaper than 94.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, DBK is valued rather cheaply.
Industry RankSector Rank
PE 9.13
Fwd PE 7.84
DBK.DE Price Earnings VS Forward Price EarningsDBK.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
DBK.DE Per share dataDBK.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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 DBK's earnings are expected to grow with 12.83% in the coming years.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y14.15%
EPS Next 3Y12.83%

More info and screens

4

5. Dividend

5.1 Amount

DBK has a Yearly Dividend Yield of 3.03%.
Compared to an average industry Dividend Yield of 6.34, DBK pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, DBK pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.03%

5.2 History

The dividend of DBK is nicely growing with an annual growth rate of 22.46%!
Dividend Growth(5Y)22.46%
Div Incr Years2
Div Non Decr Years2
DBK.DE Yearly Dividends per shareDBK.DE Yearly Dividends per shareYearly Dividends per share 2019 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

DBK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP0%
EPS Next 2Y14.15%
EPS Next 3Y12.83%
DBK.DE Yearly Income VS Free CF VS DividendDBK.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B -40B 60B

More info and screens

DEUTSCHE BANK AG-REGISTERED

FRA:DBK (3/7/2025, 7:00:00 PM)

22.095

-0.37 (-1.65%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-30 2025-01-30/bmo
Earnings (Next)04-29 2025-04-29
Inst Owners50.83%
Inst Owner ChangeN/A
Ins Owners8.05%
Ins Owner ChangeN/A
Market Cap43.05B
Analysts73.33
Price Target20.78 (-5.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.03%
Yearly Dividend0.3
Dividend Growth(5Y)22.46%
DP0%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.81%
Min EPS beat(2)4.98%
Max EPS beat(2)20.63%
EPS beat(4)3
Avg EPS beat(4)20.19%
Min EPS beat(4)-22.46%
Max EPS beat(4)77.61%
EPS beat(8)7
Avg EPS beat(8)22.22%
EPS beat(12)10
Avg EPS beat(12)30.33%
EPS beat(16)13
Avg EPS beat(16)77.6%
Revenue beat(2)2
Avg Revenue beat(2)0.69%
Min Revenue beat(2)0.18%
Max Revenue beat(2)1.2%
Revenue beat(4)3
Avg Revenue beat(4)0.32%
Min Revenue beat(4)-0.17%
Max Revenue beat(4)1.2%
Revenue beat(8)5
Avg Revenue beat(8)-0.05%
Revenue beat(12)8
Avg Revenue beat(12)1.35%
Revenue beat(16)12
Avg Revenue beat(16)2.84%
PT rev (1m)8%
PT rev (3m)11.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.14%
EPS NY rev (1m)0.86%
EPS NY rev (3m)3.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.9%
Revenue NY rev (1m)1.21%
Revenue NY rev (3m)2.38%
Valuation
Industry RankSector Rank
PE 9.13
Fwd PE 7.84
P/S 1.43
P/FCF N/A
P/OCF N/A
P/B 0.55
P/tB 0.61
EV/EBITDA N/A
EPS(TTM)2.42
EY10.95%
EPS(NY)2.82
Fwd EY12.76%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS15.45
BVpS39.95
TBVpS35.97
PEG (NY)0.55
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.19%
ROE 3.47%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 8.97%
GM N/A
FCFM N/A
ROA(3y)0.3%
ROA(5y)0.21%
ROE(3y)5.49%
ROE(5y)3.95%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y8.1%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 2.84
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-ScoreN/A
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.04%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%-23.19%
EPS Next Y16.52%
EPS Next 2Y14.15%
EPS Next 3Y12.83%
EPS Next 5YN/A
Revenue 1Y (TTM)4.2%
Revenue growth 3Y2.18%
Revenue growth 5Y3.02%
Sales Q2Q%11.02%
Revenue Next Year4.6%
Revenue Next 2Y3.61%
Revenue Next 3Y3.23%
Revenue Next 5Y2.9%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A