MORGAN STANLEY (DWD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DWD - US6174464486 - Common Stock
152.78 EUR
+0.1 (+0.07%)
Overall DWD gets a fundamental rating of 4 out of 10. We evaluated DWD against 117 industry peers in the Capital Markets industry. While DWD is still in line with the averages on profitability rating, there are concerns on its financial health. DWD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year DWD was profitable.
DWD had a negative operating cash flow in the past year.
In the past 5 years DWD has always been profitable.
In multiple years DWD reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of 1.14%, DWD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 14.15%, DWD is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.46%, DWD is in line with its industry, outperforming 51.67% of the companies in the same industry.
DWD had an Average Return On Invested Capital over the past 3 years of 1.17%. This is significantly below the industry average of 8.62%.
The 3 year average ROIC (1.17%) for DWD is below the current ROIC(1.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROIC | 1.46% |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
1.3 Margins
DWD has a Profit Margin (13.32%) which is in line with its industry peers.
In the last couple of years the Profit Margin of DWD has declined.
DWD's Operating Margin of 18.06% is fine compared to the rest of the industry. DWD outperforms 60.83% of its industry peers.
DWD's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 54.99%, DWD is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
DWD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% |
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
2. Health
2.1 Basic Checks
DWD has less shares outstanding than it did 1 year ago.
DWD has more shares outstanding than it did 5 years ago.
DWD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.06, we must say that DWD is in the distress zone and has some risk of bankruptcy.
DWD has a Altman-Z score of -0.06. This is comparable to the rest of the industry: DWD outperforms 43.33% of its industry peers.
DWD has a Debt/Equity ratio of 7.41. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 7.41, DWD is not doing good in the industry: 71.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
DWD has a Current Ratio of 0.30. This is a bad value and indicates that DWD is not financially healthy enough and could expect problems in meeting its short term obligations.
DWD's Current ratio of 0.30 is on the low side compared to the rest of the industry. DWD is outperformed by 61.67% of its industry peers.
DWD has a Quick Ratio of 0.30. This is a bad value and indicates that DWD is not financially healthy enough and could expect problems in meeting its short term obligations.
DWD has a Quick ratio of 0.30. This is in the lower half of the industry: DWD underperforms 61.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.31% over the past year.
DWD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.88% yearly.
DWD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.08%.
DWD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.79% yearly.
EPS 1Y (TTM)45.31%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%48.94%
Revenue 1Y (TTM)11.08%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%18.47%
3.2 Future
DWD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.43% yearly.
Based on estimates for the next years, DWD will show a small growth in Revenue. The Revenue will grow by 7.20% on average per year.
EPS Next Y28.7%
EPS Next 2Y17.07%
EPS Next 3Y15.27%
EPS Next 5Y12.43%
Revenue Next Year16.56%
Revenue Next 2Y11.03%
Revenue Next 3Y9.26%
Revenue Next 5Y7.2%
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 accelerating.
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
A Price/Earnings ratio of 18.47 indicates a rather expensive valuation of DWD.
Based on the Price/Earnings ratio, DWD is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.92. DWD is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 16.55, DWD is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DWD indicates a somewhat cheap valuation: DWD is cheaper than 67.50% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. DWD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DWD is valued a bit cheaper than 69.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.4 |
4.3 Compensation for Growth
DWD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DWD's earnings are expected to grow with 15.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)2.08
EPS Next 2Y17.07%
EPS Next 3Y15.27%
5. Dividend
5.1 Amount
DWD has a Yearly Dividend Yield of 2.17%.
Compared to an average industry Dividend Yield of 3.29, DWD pays a bit more dividend than its industry peers.
DWD's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
On average, the dividend of DWD grows each year by 18.94%, which is quite nice.
Dividend Growth(5Y)18.94%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
41.70% of the earnings are spent on dividend by DWD. This is a bit on the high side, but may be sustainable.
DWD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP41.7%
EPS Next 2Y17.07%
EPS Next 3Y15.27%
FRA:DWD (12/23/2025, 7:00:00 PM)
152.78
+0.1 (+0.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners62.54%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap243.07B
Revenue(TTM)116.83B
Net Income(TTM)15.56B
Analysts74.55
Price Target150.2 (-1.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
Yearly Dividend3.22
Dividend Growth(5Y)18.94%
DP41.7%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.52%
Min EPS beat(2)5.77%
Max EPS beat(2)29.27%
EPS beat(4)4
Avg EPS beat(4)19.15%
Min EPS beat(4)5.77%
Max EPS beat(4)29.27%
EPS beat(8)7
Avg EPS beat(8)14.05%
EPS beat(12)11
Avg EPS beat(12)10.53%
EPS beat(16)13
Avg EPS beat(16)8.07%
Revenue beat(2)2
Avg Revenue beat(2)3.7%
Min Revenue beat(2)1.43%
Max Revenue beat(2)5.96%
Revenue beat(4)4
Avg Revenue beat(4)4.02%
Min Revenue beat(4)1.43%
Max Revenue beat(4)5.96%
Revenue beat(8)7
Avg Revenue beat(8)2.74%
Revenue beat(12)9
Avg Revenue beat(12)10.9%
Revenue beat(16)12
Avg Revenue beat(16)9.91%
PT rev (1m)1.67%
PT rev (3m)18.99%
EPS NQ rev (1m)0.41%
EPS NQ rev (3m)13.85%
EPS NY rev (1m)0.23%
EPS NY rev (3m)11.48%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)5.44%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)4.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.47 | ||
| Fwd PE | 16.55 | ||
| P/S | 2.45 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.61 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 20.4 |
EPS(TTM)8.27
EY5.41%
EPS(NY)9.23
Fwd EY6.04%
FCF(TTM)-3.6
FCFYN/A
OCF(TTM)-1.96
OCFYN/A
SpS62.3
BVpS58.64
TBVpS46.47
PEG (NY)0.64
PEG (5Y)2.08
Graham Number104.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROCE | 3.33% | ||
| ROIC | 1.46% | ||
| ROICexc | 1.61% | ||
| ROICexgc | 1.7% | ||
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% | ||
| FCFM | N/A |
ROA(3y)0.89%
ROA(5y)0.97%
ROE(3y)10.46%
ROE(5y)11.1%
ROIC(3y)1.17%
ROIC(5y)1.28%
ROICexc(3y)1.31%
ROICexc(5y)1.45%
ROICexgc(3y)1.39%
ROICexgc(5y)1.53%
ROCE(3y)2.71%
ROCE(5y)2.95%
ROICexgc growth 3Y-7.03%
ROICexgc growth 5Y1.53%
ROICexc growth 3Y-6.98%
ROICexc growth 5Y1.26%
OM growth 3Y-20.12%
OM growth 5Y-4.82%
PM growth 3Y-20.6%
PM growth 5Y-5.48%
GM growth 3Y-16.51%
GM growth 5Y-5.78%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 31.03 | ||
| Cap/Depr | 59.4% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 0.45 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | -0.06 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)74.75%
Cap/Depr(5y)63.46%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.31%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%48.94%
EPS Next Y28.7%
EPS Next 2Y17.07%
EPS Next 3Y15.27%
EPS Next 5Y12.43%
Revenue 1Y (TTM)11.08%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%18.47%
Revenue Next Year16.56%
Revenue Next 2Y11.03%
Revenue Next 3Y9.26%
Revenue Next 5Y7.2%
EBIT growth 1Y37.32%
EBIT growth 3Y-3.64%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y79.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y87.65%
OCF growth 3Y-65.77%
OCF growth 5Y-49.33%
MORGAN STANLEY / DWD.DE FAQ
Can you provide the ChartMill fundamental rating for MORGAN STANLEY?
ChartMill assigns a fundamental rating of 4 / 10 to DWD.DE.
Can you provide the valuation status for MORGAN STANLEY?
ChartMill assigns a valuation rating of 4 / 10 to MORGAN STANLEY (DWD.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for MORGAN STANLEY?
MORGAN STANLEY (DWD.DE) has a profitability rating of 4 / 10.
What is the financial health of MORGAN STANLEY (DWD.DE) stock?
The financial health rating of MORGAN STANLEY (DWD.DE) is 1 / 10.
What is the expected EPS growth for MORGAN STANLEY (DWD.DE) stock?
The Earnings per Share (EPS) of MORGAN STANLEY (DWD.DE) is expected to grow by 28.7% in the next year.