MORGAN STANLEY (DWD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DWD - US6174464486 - Common Stock
157.64 EUR
-4.16 (-2.57%)
Overall DWD gets a fundamental rating of 3 out of 10. We evaluated DWD against 121 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 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- DWD had positive earnings in the past year.
- In the past year DWD has reported a negative cash flow from operations.
- DWD had positive earnings in each of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: DWD reported negative operating cash flow in multiple years.
1.2 Ratios
- DWD has a Return On Assets of 1.14%. This is comparable to the rest of the industry: DWD outperforms 52.89% of its industry peers.
- The Return On Equity of DWD (14.15%) is better than 72.73% of its industry peers.
- DWD has a Return On Invested Capital of 1.46%. This is comparable to the rest of the industry: DWD outperforms 53.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROIC | 1.46% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
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.
- With a decent Operating Margin value of 18.06%, DWD is doing good in the industry, outperforming 61.98% of the companies in the same industry.
- In the last couple of years the Operating Margin of DWD has declined.
- DWD has a Gross Margin of 54.99%. This is in the better half of the industry: DWD outperforms 68.59% of its industry peers.
- 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-4.95%
OM growth 5Y-7.71%
PM growth 3Y-5.29%
PM growth 5Y-7.41%
GM growth 3Y-10.21%
GM growth 5Y-8.75%
2. Health
2.1 Basic Checks
- DWD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
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.
- With a Altman-Z score value of -0.06, DWD perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
- A Debt/Equity ratio of 7.41 is on the high side and indicates that DWD has dependencies on debt financing.
- DWD has a Debt to Equity ratio of 7.41. This is in the lower half of the industry: DWD underperforms 66.94% of its industry peers.
| 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.
- Looking at the Current ratio, with a value of 0.30, DWD is in line with its industry, outperforming 41.32% of the companies in the same industry.
- A Quick Ratio of 0.30 indicates that DWD may have some problems paying its short term obligations.
- DWD has a Quick ratio (0.30) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
- DWD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.59%, which is quite impressive.
- Measured over the past years, DWD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.28% on average per year.
- DWD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.54%.
- DWD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.86% yearly.
EPS 1Y (TTM)28.59%
EPS 3Y18.47%
EPS 5Y9.28%
EPS Q2Q%20.72%
Revenue 1Y (TTM)11.54%
Revenue growth 3Y21.98%
Revenue growth 5Y17.86%
Sales Q2Q%10.28%
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 9.05% yearly.
- The Revenue is expected to grow by 5.14% on average over the next years.
EPS Next Y6.59%
EPS Next 2Y9.14%
EPS Next 3Y8.81%
EPS Next 5Y9.05%
Revenue Next Year6.46%
Revenue Next 2Y6.4%
Revenue Next 3Y4.74%
Revenue Next 5Y5.14%
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 stable.
- 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 17.95 indicates a rather expensive valuation of DWD.
- Based on the Price/Earnings ratio, DWD is valued a bit cheaper than 66.12% of the companies in the same industry.
- DWD is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 16.85, the valuation of DWD can be described as correct.
- DWD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DWD is cheaper than 68.59% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, DWD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.95 | ||
| Fwd PE | 16.85 |
4.2 Price Multiples
- 71.90% of the companies in the same industry are more expensive than DWD, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DWD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.73
PEG (5Y)1.93
EPS Next 2Y9.14%
EPS Next 3Y8.81%
5. Dividend
5.1 Amount
- DWD has a Yearly Dividend Yield of 2.09%.
- DWD's Dividend Yield is a higher than the industry average which is at 3.07.
- DWD's Dividend Yield is comparable with the S&P500 average which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
5.2 History
- The dividend of DWD is nicely growing with an annual growth rate of 18.94%!
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 2Y9.14%
EPS Next 3Y8.81%
FRA:DWD (1/20/2026, 2:00:40 PM)
157.64
-4.16 (-2.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-15 2026-01-15/bmo
Earnings (Next)04-15 2026-04-15/bmo
Inst Owners62.56%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap250.81B
Revenue(TTM)119.66B
Net Income(TTM)15.56B
Analysts74.55
Price Target161.78 (2.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
Yearly Dividend3.27
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)9.04%
PT rev (3m)24.6%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)12.45%
EPS NY rev (1m)0.31%
EPS NY rev (3m)10.09%
Revenue NQ rev (1m)2.17%
Revenue NQ rev (3m)5.92%
Revenue NY rev (1m)0.88%
Revenue NY rev (3m)5.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.95 | ||
| Fwd PE | 16.85 | ||
| P/S | 2.5 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.65 | ||
| P/tB | 3.35 | ||
| EV/EBITDA | 20.89 |
EPS(TTM)8.78
EY5.57%
EPS(NY)9.36
Fwd EY5.94%
FCF(TTM)-3.65
FCFYN/A
OCF(TTM)-1.99
OCFYN/A
SpS63.14
BVpS59.42
TBVpS47.09
PEG (NY)2.73
PEG (5Y)1.93
Graham Number108.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 14.15% | ||
| ROCE | 3.33% | ||
| ROIC | 1.46% | ||
| ROICexc | 1.61% | ||
| ROICexgc | 1.69% | ||
| OM | 18.06% | ||
| PM (TTM) | 13.32% | ||
| GM | 54.99% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-4.95%
OM growth 5Y-7.71%
PM growth 3Y-5.29%
PM growth 5Y-7.41%
GM growth 3Y-10.21%
GM growth 5Y-8.75%
F-Score4
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-Score4
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)28.59%
EPS 3Y18.47%
EPS 5Y9.28%
EPS Q2Q%20.72%
EPS Next Y6.59%
EPS Next 2Y9.14%
EPS Next 3Y8.81%
EPS Next 5Y9.05%
Revenue 1Y (TTM)11.54%
Revenue growth 3Y21.98%
Revenue growth 5Y17.86%
Sales Q2Q%10.28%
Revenue Next Year6.46%
Revenue Next 2Y6.4%
Revenue Next 3Y4.74%
Revenue Next 5Y5.14%
EBIT growth 1Y37.32%
EBIT growth 3Y15.93%
EBIT growth 5Y8.77%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y78.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y86.95%
OCF growth 3YN/A
OCF growth 5YN/A
MORGAN STANLEY / DWD.DE FAQ
Can you provide the ChartMill fundamental rating for MORGAN STANLEY?
ChartMill assigns a fundamental rating of 3 / 10 to DWD.DE.
What is the valuation status for DWD stock?
ChartMill assigns a valuation rating of 3 / 10 to MORGAN STANLEY (DWD.DE). This can be considered as Overvalued.
How profitable is MORGAN STANLEY (DWD.DE) stock?
MORGAN STANLEY (DWD.DE) has a profitability rating of 4 / 10.
What are the PE and PB ratios of MORGAN STANLEY (DWD.DE) stock?
The Price/Earnings (PE) ratio for MORGAN STANLEY (DWD.DE) is 17.95 and the Price/Book (PB) ratio is 2.65.
How financially healthy is MORGAN STANLEY?
The financial health rating of MORGAN STANLEY (DWD.DE) is 1 / 10.