B+S BANKSYSTEME AG (DTD2.DE) Stock Fundamental Analysis
Europe - FRA:DTD2 - DE0001262152 - Common Stock
1.87 EUR
-0.19 (-9.22%)
We assign a fundamental rating of 5 out of 10 to DTD2. DTD2 was compared to 110 industry peers in the Software industry. While DTD2 has a great profitability rating, there are quite some concerns on its financial health. DTD2 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year DTD2 was profitable.
DTD2 had a positive operating cash flow in the past year.
Of the past 5 years DTD2 4 years were profitable.
Each year in the past 5 years DTD2 had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.15%, DTD2 is in the better half of the industry, outperforming 60.91% of the companies in the same industry.
DTD2's Return On Equity of 11.23% is fine compared to the rest of the industry. DTD2 outperforms 61.82% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.15%, DTD2 is in the better half of the industry, outperforming 66.36% of the companies in the same industry.
DTD2 had an Average Return On Invested Capital over the past 3 years of 2.95%. This is significantly below the industry average of 12.42%.
The last Return On Invested Capital (8.15%) for DTD2 is above the 3 year average (2.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.15% | ||
| ROE | 11.23% | ||
| ROIC | 8.15% |
ROA(3y)2.18%
ROA(5y)1.24%
ROE(3y)4.04%
ROE(5y)2.25%
ROIC(3y)2.95%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 13.23%, DTD2 is doing good in the industry, outperforming 63.64% of the companies in the same industry.
In the last couple of years the Profit Margin of DTD2 has grown nicely.
Looking at the Operating Margin, with a value of 17.40%, DTD2 is in the better half of the industry, outperforming 74.55% of the companies in the same industry.
DTD2's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 91.19%, DTD2 belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
In the last couple of years the Gross Margin of DTD2 has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.4% | ||
| PM (TTM) | 13.23% | ||
| GM | 91.19% |
OM growth 3Y90.37%
OM growth 5YN/A
PM growth 3Y74.14%
PM growth 5YN/A
GM growth 3Y-1.2%
GM growth 5Y-1.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DTD2 is creating some value.
DTD2 has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, DTD2 has about the same amount of shares outstanding.
DTD2 has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.74, we must say that DTD2 is in the distress zone and has some risk of bankruptcy.
DTD2 has a worse Altman-Z score (1.74) than 67.27% of its industry peers.
DTD2 has a debt to FCF ratio of 4.34. This is a neutral value as DTD2 would need 4.34 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.34, DTD2 is in line with its industry, outperforming 55.45% of the companies in the same industry.
A Debt/Equity ratio of 0.30 indicates that DTD2 is not too dependend on debt financing.
DTD2 has a Debt to Equity ratio of 0.30. This is comparable to the rest of the industry: DTD2 outperforms 46.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 1.74 |
ROIC/WACC1.09
WACC7.51%
2.3 Liquidity
A Current Ratio of 0.99 indicates that DTD2 may have some problems paying its short term obligations.
DTD2 has a worse Current ratio (0.99) than 70.00% of its industry peers.
DTD2 has a Quick Ratio of 0.99. This is a bad value and indicates that DTD2 is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.99, DTD2 is doing worse than 67.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 108.91% over the past year.
The Earnings Per Share has been growing by 86.02% on average over the past years. This is a very strong growth
Looking at the last year, DTD2 shows a quite strong growth in Revenue. The Revenue has grown by 8.82% in the last year.
Measured over the past years, DTD2 shows a small growth in Revenue. The Revenue has been growing by 7.04% on average per year.
EPS 1Y (TTM)108.91%
EPS 3Y86.02%
EPS 5YN/A
EPS Q2Q%138.1%
Revenue 1Y (TTM)8.82%
Revenue growth 3Y6.8%
Revenue growth 5Y7.04%
Sales Q2Q%3.23%
3.2 Future
The Earnings Per Share is expected to grow by 15.97% on average over the next years. This is quite good.
Based on estimates for the next years, DTD2 will show a small growth in Revenue. The Revenue will grow by 4.26% on average per year.
EPS Next Y41.67%
EPS Next 2Y29.1%
EPS Next 3Y20.51%
EPS Next 5Y15.97%
Revenue Next Year3.31%
Revenue Next 2Y4.84%
Revenue Next 3Y4.73%
Revenue Next 5Y4.26%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.93, the valuation of DTD2 can be described as very cheap.
Based on the Price/Earnings ratio, DTD2 is valued cheaply inside the industry as 97.27% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.57, DTD2 is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.17, the valuation of DTD2 can be described as reasonable.
Based on the Price/Forward Earnings ratio, DTD2 is valued cheaply inside the industry as 94.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.09, DTD2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTD2 is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DTD2 indicates a rather cheap valuation: DTD2 is cheaper than 91.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.14 | ||
| EV/EBITDA | 5 |
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.
DTD2 has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as DTD2's earnings are expected to grow with 20.51% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y29.1%
EPS Next 3Y20.51%
5. Dividend
5.1 Amount
DTD2 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:DTD2 (10/22/2025, 7:00:00 PM)
1.87
-0.19 (-9.22%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners11.11%
Inst Owner ChangeN/A
Ins Owners56.39%
Ins Owner ChangeN/A
Market Cap11.61M
Revenue(TTM)12.90M
Net Income(TTM)1.71M
Analysts82.86
Price Target4.59 (145.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 9.17 | ||
| P/S | 0.9 | ||
| P/FCF | 9.14 | ||
| P/OCF | 9.41 | ||
| P/B | 0.76 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 5 |
EPS(TTM)0.27
EY14.44%
EPS(NY)0.2
Fwd EY10.91%
FCF(TTM)0.2
FCFY10.94%
OCF(TTM)0.2
OCFY10.63%
SpS2.08
BVpS2.45
TBVpS0.46
PEG (NY)0.17
PEG (5Y)N/A
Graham Number3.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.15% | ||
| ROE | 11.23% | ||
| ROCE | 10.96% | ||
| ROIC | 8.15% | ||
| ROICexc | 8.54% | ||
| ROICexgc | 23.09% | ||
| OM | 17.4% | ||
| PM (TTM) | 13.23% | ||
| GM | 91.19% | ||
| FCFM | 9.84% |
ROA(3y)2.18%
ROA(5y)1.24%
ROE(3y)4.04%
ROE(5y)2.25%
ROIC(3y)2.95%
ROIC(5y)N/A
ROICexc(3y)3.25%
ROICexc(5y)N/A
ROICexgc(3y)10.17%
ROICexgc(5y)N/A
ROCE(3y)3.98%
ROCE(5y)N/A
ROICexgc growth 3Y118.37%
ROICexgc growth 5YN/A
ROICexc growth 3Y110.38%
ROICexc growth 5YN/A
OM growth 3Y90.37%
OM growth 5YN/A
PM growth 3Y74.14%
PM growth 5YN/A
GM growth 3Y-1.2%
GM growth 5Y-1.67%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 1.42 | ||
| Cap/Depr | 3.62% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 9.93 | ||
| Cash Conversion | 38.09% | ||
| Profit Quality | 74.4% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 1.74 |
F-Score6
WACC7.51%
ROIC/WACC1.09
Cap/Depr(3y)2.14%
Cap/Depr(5y)4.94%
Cap/Sales(3y)0.26%
Cap/Sales(5y)0.74%
Profit Quality(3y)3082.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.91%
EPS 3Y86.02%
EPS 5YN/A
EPS Q2Q%138.1%
EPS Next Y41.67%
EPS Next 2Y29.1%
EPS Next 3Y20.51%
EPS Next 5Y15.97%
Revenue 1Y (TTM)8.82%
Revenue growth 3Y6.8%
Revenue growth 5Y7.04%
Sales Q2Q%3.23%
Revenue Next Year3.31%
Revenue Next 2Y4.84%
Revenue Next 3Y4.73%
Revenue Next 5Y4.26%
EBIT growth 1Y270.46%
EBIT growth 3Y103.31%
EBIT growth 5YN/A
EBIT Next Year116.67%
EBIT Next 3Y35.72%
EBIT Next 5Y22.36%
FCF growth 1Y-9.42%
FCF growth 3Y62.88%
FCF growth 5YN/A
OCF growth 1Y-14.19%
OCF growth 3Y57.27%
OCF growth 5YN/A