MORGAN STANLEY (DWD.DE) Stock Fundamental Analysis
Europe - FRA:DWD - US6174464486 - Common Stock
133.24 EUR
+0.28 (+0.21%)
Overall DWD gets a fundamental rating of 3 out of 10. We evaluated DWD against 112 industry peers in the Capital Markets industry. DWD has a medium profitability rating, but doesn't score so well on its financial health evaluation. DWD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year DWD was profitable.
In the past year DWD has reported a negative cash flow from operations.
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
DWD has a Return On Assets (1.04%) which is comparable to the rest of the industry.
DWD has a Return On Equity of 13.07%. This is in the better half of the industry: DWD outperforms 73.21% of its industry peers.
DWD has a Return On Invested Capital of 1.34%. This is comparable to the rest of the industry: DWD outperforms 54.46% of its industry peers.
DWD had an Average Return On Invested Capital over the past 3 years of 1.17%. This is significantly below the industry average of 8.46%.
The 3 year average ROIC (1.17%) for DWD is below the current ROIC(1.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 13.07% | ||
| ROIC | 1.34% |
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
The Profit Margin of DWD (12.51%) is comparable to the rest of the industry.
DWD's Profit Margin has declined in the last couple of years.
The Operating Margin of DWD (17.07%) is better than 63.39% of its industry peers.
DWD's Operating Margin has declined in the last couple of years.
The Gross Margin of DWD (54.42%) is better than 70.54% of its industry peers.
In the last couple of years the Gross Margin of DWD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.07% | ||
| PM (TTM) | 12.51% | ||
| GM | 54.42% |
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.
The number of shares outstanding for DWD has been increased compared to 5 years ago.
The debt/assets ratio for DWD is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.09, we must say that DWD is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of DWD (-0.09) is comparable to the rest of the industry.
DWD has a Debt/Equity ratio of 7.45. This is a high value indicating a heavy dependency on external financing.
DWD has a worse Debt to Equity ratio (7.45) than 66.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.45 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.09 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.29 indicates that DWD may have some problems paying its short term obligations.
DWD has a Current ratio (0.29) which is in line with its industry peers.
A Quick Ratio of 0.29 indicates that DWD may have some problems paying its short term obligations.
DWD has a Quick ratio (0.29) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
DWD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.19%, which is quite impressive.
DWD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.88% yearly.
Looking at the last year, DWD shows a quite strong growth in Revenue. The Revenue has grown by 10.36% in the last year.
Measured over the past years, DWD shows a quite strong growth in Revenue. The Revenue has been growing by 14.79% on average per year.
EPS 1Y (TTM)42.19%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%17.03%
Revenue 1Y (TTM)10.36%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%11.81%
3.2 Future
Based on estimates for the next years, DWD will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.26% on average per year.
DWD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.32% yearly.
EPS Next Y15.42%
EPS Next 2Y11.49%
EPS Next 3Y10.88%
EPS Next 5Y10.26%
Revenue Next Year11.64%
Revenue Next 2Y8.04%
Revenue Next 3Y6.8%
Revenue Next 5Y6.32%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
DWD is valuated rather expensively with a Price/Earnings ratio of 17.67.
Based on the Price/Earnings ratio, DWD is valued a bit cheaper than 66.96% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. DWD is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.82, DWD is valued correctly.
DWD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DWD is cheaper than 74.11% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. DWD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 15.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DWD indicates a somewhat cheap valuation: DWD is cheaper than 74.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.18 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.15
PEG (5Y)1.99
EPS Next 2Y11.49%
EPS Next 3Y10.88%
5. Dividend
5.1 Amount
DWD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:DWD (9/15/2025, 1:31:44 PM)
133.24
+0.28 (+0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners63.02%
Inst Owner ChangeN/A
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap212.70B
Analysts73.13
Price Target126.23 (-5.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend3.24
Dividend Growth(5Y)18.94%
DP45.08%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.13%
Min EPS beat(2)5.77%
Max EPS beat(2)14.48%
EPS beat(4)4
Avg EPS beat(4)15.64%
Min EPS beat(4)5.77%
Max EPS beat(4)27.07%
EPS beat(8)7
Avg EPS beat(8)10.97%
EPS beat(12)10
Avg EPS beat(12)7.76%
EPS beat(16)13
Avg EPS beat(16)7.12%
Revenue beat(2)2
Avg Revenue beat(2)2.67%
Min Revenue beat(2)1.43%
Max Revenue beat(2)3.91%
Revenue beat(4)4
Avg Revenue beat(4)3.45%
Min Revenue beat(4)1.43%
Max Revenue beat(4)4.78%
Revenue beat(8)6
Avg Revenue beat(8)1.67%
Revenue beat(12)9
Avg Revenue beat(12)12.16%
Revenue beat(16)12
Avg Revenue beat(16)9.8%
PT rev (1m)-0.19%
PT rev (3m)11.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.47%
EPS NY rev (1m)3.33%
EPS NY rev (3m)2.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.17%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 15.82 | ||
| P/S | 2.21 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.3 | ||
| P/tB | 2.92 | ||
| EV/EBITDA | 20.18 |
EPS(TTM)7.54
EY5.66%
EPS(NY)8.42
Fwd EY6.32%
FCF(TTM)-11.19
FCFYN/A
OCF(TTM)-9.45
OCFYN/A
SpS60.42
BVpS57.83
TBVpS45.58
PEG (NY)1.15
PEG (5Y)1.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 13.07% | ||
| ROCE | 3.03% | ||
| ROIC | 1.34% | ||
| ROICexc | 1.49% | ||
| ROICexgc | 1.57% | ||
| OM | 17.07% | ||
| PM (TTM) | 12.51% | ||
| GM | 54.42% | ||
| 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%
ROICexcg growth 3Y-7.03%
ROICexcg 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-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.45 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 33.05 | ||
| Cap/Depr | 64.3% | ||
| Cap/Sales | 2.89% | ||
| Interest Coverage | 0.4 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | -0.09 |
F-Score5
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)42.19%
EPS 3Y-0.38%
EPS 5Y8.88%
EPS Q2Q%17.03%
EPS Next Y15.42%
EPS Next 2Y11.49%
EPS Next 3Y10.88%
EPS Next 5Y10.26%
Revenue 1Y (TTM)10.36%
Revenue growth 3Y20.63%
Revenue growth 5Y14.79%
Sales Q2Q%11.81%
Revenue Next Year11.64%
Revenue Next 2Y8.04%
Revenue Next 3Y6.8%
Revenue Next 5Y6.32%
EBIT growth 1Y35.01%
EBIT growth 3Y-3.64%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y52.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y56.99%
OCF growth 3Y-65.77%
OCF growth 5Y-49.33%