DEERE & CO (DCO.DE) Fundamental Analysis & Valuation

FRA:DCO • US2441991054

Current stock price

527.4 EUR
+4.2 (+0.8%)
Last:

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

8

1. DCO.DE Profitability Analysis

1.1 Basic Checks

  • DCO had positive earnings in the past year.
  • In the past year DCO had a positive cash flow from operations.
  • DCO had positive earnings in each of the past 5 years.
  • In the past 5 years DCO always reported a positive cash flow from operatings.
DCO.DE Yearly Net Income VS EBIT VS OCF VS FCFDCO.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 0 5B 10B 15B

1.2 Ratios

  • DCO's Return On Assets of 4.65% is fine compared to the rest of the industry. DCO outperforms 67.92% of its industry peers.
  • DCO's Return On Equity of 18.30% is amongst the best of the industry. DCO outperforms 89.62% of its industry peers.
  • DCO has a Return On Invested Capital of 9.51%. This is amongst the best in the industry. DCO outperforms 81.13% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DCO is above the industry average of 8.58%.
Industry RankSector Rank
ROA 4.65%
ROE 18.3%
ROIC 9.51%
ROA(3y)7.04%
ROA(5y)7.23%
ROE(3y)32.38%
ROE(5y)32.94%
ROIC(3y)11.93%
ROIC(5y)11.53%
DCO.DE Yearly ROA, ROE, ROICDCO.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 10.29%, DCO belongs to the top of the industry, outperforming 89.62% of the companies in the same industry.
  • In the last couple of years the Profit Margin of DCO has grown nicely.
  • DCO has a Operating Margin of 19.79%. This is amongst the best in the industry. DCO outperforms 94.34% of its industry peers.
  • In the last couple of years the Operating Margin of DCO has grown nicely.
  • DCO's Gross Margin of 37.15% is in line compared to the rest of the industry. DCO outperforms 43.40% of its industry peers.
  • DCO's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 19.79%
PM (TTM) 10.29%
GM 37.15%
OM growth 3Y2.78%
OM growth 5Y5.53%
PM growth 3Y-6.96%
PM growth 5Y7.29%
GM growth 3Y5.48%
GM growth 5Y2.6%
DCO.DE Yearly Profit, Operating, Gross MarginsDCO.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

2

2. DCO.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DCO is creating some value.
  • DCO has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for DCO has been reduced compared to 5 years ago.
  • DCO has a better debt/assets ratio than last year.
DCO.DE Yearly Shares OutstandingDCO.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
DCO.DE Yearly Total Debt VS Total AssetsDCO.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • The Debt to FCF ratio of DCO is 17.47, which is on the high side as it means it would take DCO, 17.47 years of fcf income to pay off all of its debts.
  • DCO has a worse Debt to FCF ratio (17.47) than 61.32% of its industry peers.
  • A Debt/Equity ratio of 1.83 is on the high side and indicates that DCO has dependencies on debt financing.
  • The Debt to Equity ratio of DCO (1.83) is worse than 86.79% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.83
Debt/FCF 17.47
Altman-Z N/A
ROIC/WACC0.98
WACC9.66%
DCO.DE Yearly LT Debt VS Equity VS FCFDCO.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B 40B

2.3 Liquidity

  • DCO has a Current Ratio of 0.90. This is a bad value and indicates that DCO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • DCO's Current ratio of 0.90 is on the low side compared to the rest of the industry. DCO is outperformed by 93.40% of its industry peers.
  • A Quick Ratio of 0.65 indicates that DCO may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.65, DCO is not doing good in the industry: 82.08% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.9
Quick Ratio 0.65
DCO.DE Yearly Current Assets VS Current LiabilitesDCO.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

5

3. DCO.DE Growth Analysis

3.1 Past

  • DCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.57%.
  • The Earnings Per Share has been growing by 16.52% on average over the past years. This is quite good.
  • The Revenue has decreased by -2.61% in the past year.
  • DCO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.15% yearly.
EPS 1Y (TTM)-20.57%
EPS 3Y-7.13%
EPS 5Y16.52%
EPS Q2Q%-24.14%
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-4.34%
Revenue growth 5Y5.15%
Sales Q2Q%17.51%

3.2 Future

  • DCO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.83% yearly.
  • Based on estimates for the next years, DCO will show a quite strong growth in Revenue. The Revenue will grow by 15.42% on average per year.
EPS Next Y-1.43%
EPS Next 2Y12.47%
EPS Next 3Y16.95%
EPS Next 5Y22.83%
Revenue Next Year7.51%
Revenue Next 2Y8.6%
Revenue Next 3Y9.3%
Revenue Next 5Y15.42%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DCO.DE Yearly Revenue VS EstimatesDCO.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B
DCO.DE Yearly EPS VS EstimatesDCO.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10 20 30 40 50

1

4. DCO.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • DCO is valuated quite expensively with a Price/Earnings ratio of 34.47.
  • DCO's Price/Earnings ratio is a bit more expensive when compared to the industry. DCO is more expensive than 63.21% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of DCO to the average of the S&P500 Index (26.78), we can say DCO is valued slightly more expensively.
  • A Price/Forward Earnings ratio of 26.13 indicates a quite expensive valuation of DCO.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of DCO indicates a slightly more expensive valuation: DCO is more expensive than 64.15% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.54, DCO is valued at the same level.
Industry RankSector Rank
PE 34.47
Fwd PE 26.13
DCO.DE Price Earnings VS Forward Price EarningsDCO.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, DCO is valued a bit more expensive than 71.70% of the companies in the same industry.
  • DCO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. DCO is more expensive than 63.21% of the companies in the same industry.
Industry RankSector Rank
P/FCF 46.65
EV/EBITDA 18.76
DCO.DE Per share dataDCO.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100

4.3 Compensation for Growth

  • The excellent profitability rating of DCO may justify a higher PE ratio.
  • A more expensive valuation may be justified as DCO's earnings are expected to grow with 16.95% in the coming years.
PEG (NY)N/A
PEG (5Y)2.09
EPS Next 2Y12.47%
EPS Next 3Y16.95%

5

5. DCO.DE Dividend Analysis

5.1 Amount

  • DCO has a Yearly Dividend Yield of 1.05%.
  • Compared to an average industry Dividend Yield of 1.64, DCO has a dividend in line with its industry peers.
  • With a Dividend Yield of 1.05, DCO pays less dividend than the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 1.05%

5.2 History

  • On average, the dividend of DCO grows each year by 15.78%, which is quite nice.
Dividend Growth(5Y)15.78%
Div Incr Years5
Div Non Decr Years7
DCO.DE Yearly Dividends per shareDCO.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • DCO pays out 36.52% of its income as dividend. This is a sustainable payout ratio.
  • DCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.52%
EPS Next 2Y12.47%
EPS Next 3Y16.95%
DCO.DE Yearly Income VS Free CF VS DividendDCO.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B
DCO.DE Dividend Payout.DCO.DE Dividend Payout, showing the Payout Ratio.DCO.DE Dividend Payout.PayoutRetained Earnings

DCO.DE Fundamentals: All Metrics, Ratios and Statistics

DEERE & CO

FRA:DCO (4/10/2026, 7:00:00 PM)

527.4

+4.2 (+0.8%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-19
Earnings (Next)05-21
Inst Owners75.68%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap142.46B
Revenue(TTM)46.79B
Net Income(TTM)4.81B
Analysts74.71
Price Target567.18 (7.54%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.05%
Yearly Dividend5.42
Dividend Growth(5Y)15.78%
DP36.52%
Div Incr Years5
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.92%
Min EPS beat(2)-0.87%
Max EPS beat(2)14.71%
EPS beat(4)3
Avg EPS beat(4)8.18%
Min EPS beat(4)-0.87%
Max EPS beat(4)15.53%
EPS beat(8)6
Avg EPS beat(8)7.56%
EPS beat(12)10
Avg EPS beat(12)9.54%
EPS beat(16)12
Avg EPS beat(16)7.4%
Revenue beat(2)2
Avg Revenue beat(2)2.69%
Min Revenue beat(2)1.06%
Max Revenue beat(2)4.32%
Revenue beat(4)3
Avg Revenue beat(4)0.85%
Min Revenue beat(4)-2.49%
Max Revenue beat(4)4.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.6%
Revenue beat(12)5
Avg Revenue beat(12)-1.09%
Revenue beat(16)8
Avg Revenue beat(16)0.74%
PT rev (1m)-0.83%
PT rev (3m)25.35%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)5.03%
EPS NY rev (1m)0%
EPS NY rev (3m)8.23%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.03%
Valuation
Industry RankSector Rank
PE 34.47
Fwd PE 26.13
P/S 3.57
P/FCF 46.65
P/OCF 21.66
P/B 6.34
P/tB 7.89
EV/EBITDA 18.76
EPS(TTM)15.3
EY2.9%
EPS(NY)20.19
Fwd EY3.83%
FCF(TTM)11.3
FCFY2.14%
OCF(TTM)24.35
OCFY4.62%
SpS147.9
BVpS83.14
TBVpS66.83
PEG (NY)N/A
PEG (5Y)2.09
Graham Number169.18
Profitability
Industry RankSector Rank
ROA 4.65%
ROE 18.3%
ROCE 13.18%
ROIC 9.51%
ROICexc 10.43%
ROICexgc 11.92%
OM 19.79%
PM (TTM) 10.29%
GM 37.15%
FCFM 7.64%
ROA(3y)7.04%
ROA(5y)7.23%
ROE(3y)32.38%
ROE(5y)32.94%
ROIC(3y)11.93%
ROIC(5y)11.53%
ROICexc(3y)13.13%
ROICexc(5y)12.71%
ROICexgc(3y)14.42%
ROICexgc(5y)13.98%
ROCE(3y)18.3%
ROCE(5y)17.43%
ROICexgc growth 3Y-7.7%
ROICexgc growth 5Y2.28%
ROICexc growth 3Y-7.44%
ROICexc growth 5Y3.01%
OM growth 3Y2.78%
OM growth 5Y5.53%
PM growth 3Y-6.96%
PM growth 5Y7.29%
GM growth 3Y5.48%
GM growth 5Y2.6%
F-Score5
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 1.83
Debt/FCF 17.47
Debt/EBITDA 4.17
Cap/Depr 181.72%
Cap/Sales 8.82%
Interest Coverage 250
Cash Conversion 66.81%
Profit Quality 74.28%
Current Ratio 0.9
Quick Ratio 0.65
Altman-Z N/A
F-Score5
WACC9.66%
ROIC/WACC0.98
Cap/Depr(3y)213.12%
Cap/Depr(5y)193.02%
Cap/Sales(3y)8.62%
Cap/Sales(5y)7.8%
Profit Quality(3y)55.73%
Profit Quality(5y)53.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.57%
EPS 3Y-7.13%
EPS 5Y16.52%
EPS Q2Q%-24.14%
EPS Next Y-1.43%
EPS Next 2Y12.47%
EPS Next 3Y16.95%
EPS Next 5Y22.83%
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-4.34%
Revenue growth 5Y5.15%
Sales Q2Q%17.51%
Revenue Next Year7.51%
Revenue Next 2Y8.6%
Revenue Next 3Y9.3%
Revenue Next 5Y15.42%
EBIT growth 1Y-17.8%
EBIT growth 3Y-1.68%
EBIT growth 5Y10.96%
EBIT Next Year20.6%
EBIT Next 3Y22.91%
EBIT Next 5Y23.02%
FCF growth 1Y-19.73%
FCF growth 3Y52.5%
FCF growth 5Y-7.71%
OCF growth 1Y-13.73%
OCF growth 3Y16.65%
OCF growth 5Y-0.06%

DEERE & CO / DCO.DE Fundamental Analysis FAQ

What is the ChartMill fundamental rating of DEERE & CO (DCO.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to DCO.DE.


What is the valuation status for DCO stock?

ChartMill assigns a valuation rating of 1 / 10 to DEERE & CO (DCO.DE). This can be considered as Overvalued.


How profitable is DEERE & CO (DCO.DE) stock?

DEERE & CO (DCO.DE) has a profitability rating of 8 / 10.


Can you provide the expected EPS growth for DCO stock?

The Earnings per Share (EPS) of DEERE & CO (DCO.DE) is expected to decline by -1.43% in the next year.


Is the dividend of DEERE & CO sustainable?

The dividend rating of DEERE & CO (DCO.DE) is 5 / 10 and the dividend payout ratio is 36.52%.