GOLDMAN SACHS GROUP INC (GOS.DE) Stock Fundamental Analysis
FRA:GOS - Deutsche Boerse Ag - US38141G1040 - Common Stock - Currency: EUR
GOS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 102 industry peers in the Capital Markets industry. While GOS is still in line with the averages on profitability rating, there are concerns on its financial health. GOS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GOS had positive earnings in the past year.
GOS had a negative operating cash flow in the past year.
In the past 5 years GOS has always been profitable.
In multiple years GOS reported negative operating cash flow during the last 5 years.
1.2 Ratios
GOS has a Return On Assets of 0.81%. This is comparable to the rest of the industry: GOS outperforms 58.10% of its industry peers.
Looking at the Return On Equity, with a value of 11.09%, GOS is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
GOS has a Return On Invested Capital (1.08%) which is comparable to the rest of the industry.
GOS had an Average Return On Invested Capital over the past 3 years of 0.90%. This is significantly below the industry average of 8.29%.
The last Return On Invested Capital (1.08%) for GOS is above the 3 year average (0.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 11.09% | ||
| ROIC | 1.08% |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.17%
1.3 Margins
GOS has a Profit Margin (10.66%) which is in line with its industry peers.
In the last couple of years the Profit Margin of GOS has declined.
GOS's Operating Margin of 14.56% is fine compared to the rest of the industry. GOS outperforms 64.76% of its industry peers.
In the last couple of years the Operating Margin of GOS has declined.
With a decent Gross Margin value of 36.88%, GOS is doing good in the industry, outperforming 65.71% of the companies in the same industry.
In the last couple of years the Gross Margin of GOS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.56% | ||
| PM (TTM) | 10.66% | ||
| GM | 36.88% |
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
2. Health
2.1 Basic Checks
GOS has less shares outstanding than it did 1 year ago.
GOS has less shares outstanding than it did 5 years ago.
GOS has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.25, we must say that GOS is in the distress zone and has some risk of bankruptcy.
GOS's Altman-Z score of -0.25 is in line compared to the rest of the industry. GOS outperforms 46.67% of its industry peers.
A Debt/Equity ratio of 8.32 is on the high side and indicates that GOS has dependencies on debt financing.
GOS has a Debt to Equity ratio of 8.32. This is in the lower half of the industry: GOS underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.25 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
GOS has a Current Ratio of 0.29. This is a bad value and indicates that GOS is not financially healthy enough and could expect problems in meeting its short term obligations.
GOS has a Current ratio (0.29) which is in line with its industry peers.
A Quick Ratio of 0.29 indicates that GOS may have some problems paying its short term obligations.
With a Quick ratio value of 0.29, GOS perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
GOS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.67%, which is quite impressive.
The Earnings Per Share has been growing by 14.07% on average over the past years. This is quite good.
GOS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.00%.
GOS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.23% yearly.
EPS 1Y (TTM)69.67%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%118.07%
Revenue 1Y (TTM)17%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%22.54%
3.2 Future
Based on estimates for the next years, GOS will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.33% on average per year.
The Revenue is expected to grow by 5.96% on average over the next years.
EPS Next Y16.19%
EPS Next 2Y13.89%
EPS Next 3Y11.58%
EPS Next 5Y12.33%
Revenue Next Year9.86%
Revenue Next 2Y7.38%
Revenue Next 3Y5.96%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 13.57, which indicates a correct valuation of GOS.
GOS's Price/Earnings ratio is a bit cheaper when compared to the industry. GOS is cheaper than 73.33% of the companies in the same industry.
When comparing the Price/Earnings ratio of GOS to the average of the S&P500 Index (29.35), we can say GOS is valued rather cheaply.
A Price/Forward Earnings ratio of 11.68 indicates a reasonable valuation of GOS.
Based on the Price/Forward Earnings ratio, GOS is valued a bit cheaper than the industry average as 76.19% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of GOS to the average of the S&P500 Index (22.10), we can say GOS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 11.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOS indicates a rather cheap valuation: GOS is cheaper than 81.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.73 |
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.
PEG (NY)0.84
PEG (5Y)0.97
EPS Next 2Y13.89%
EPS Next 3Y11.58%
5. Dividend
5.1 Amount
GOS has a Yearly Dividend Yield of 2.11%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.34, GOS has a dividend in line with its industry peers.
GOS's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
5.2 History
On average, the dividend of GOS grows each year by 19.24%, which is quite nice.
Dividend Growth(5Y)19.24%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
GOS pays out 33.25% of its income as dividend. This is a sustainable payout ratio.
GOS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.25%
EPS Next 2Y13.89%
EPS Next 3Y11.58%
FRA:GOS (3/7/2025, 7:00:00 PM)
507
-30.2 (-5.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners73.6%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap158.20B
Analysts78.67
Price Target631.25 (24.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend13.07
Dividend Growth(5Y)19.24%
DP33.25%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.75%
Min EPS beat(2)18.43%
Max EPS beat(2)41.07%
EPS beat(4)4
Avg EPS beat(4)22.78%
Min EPS beat(4)0.29%
Max EPS beat(4)41.07%
EPS beat(8)6
Avg EPS beat(8)19.38%
EPS beat(12)9
Avg EPS beat(12)12.47%
EPS beat(16)12
Avg EPS beat(16)18.77%
Revenue beat(2)2
Avg Revenue beat(2)6.57%
Min Revenue beat(2)4.48%
Max Revenue beat(2)8.67%
Revenue beat(4)3
Avg Revenue beat(4)4.8%
Min Revenue beat(4)-0.77%
Max Revenue beat(4)8.67%
Revenue beat(8)6
Avg Revenue beat(8)14.23%
Revenue beat(12)10
Avg Revenue beat(12)25.84%
Revenue beat(16)14
Avg Revenue beat(16)26.81%
PT rev (1m)2.54%
PT rev (3m)14.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.94%
EPS NY rev (1m)-1.36%
EPS NY rev (3m)8.01%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)4%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)4.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 11.68 | ||
| P/S | 1.35 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.41 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 15.73 |
EPS(TTM)37.35
EY7.37%
EPS(NY)43.4
Fwd EY8.56%
FCF(TTM)-45.17
FCFYN/A
OCF(TTM)-39
OCFYN/A
SpS374.44
BVpS360.1
TBVpS340.33
PEG (NY)0.84
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 11.09% | ||
| ROCE | 3.21% | ||
| ROIC | 1.08% | ||
| ROICexc | 1.25% | ||
| ROICexgc | 1.26% | ||
| OM | 14.56% | ||
| PM (TTM) | 10.66% | ||
| GM | 36.88% | ||
| FCFM | N/A |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.17%
ROICexc(3y)1.09%
ROICexc(5y)1.44%
ROICexgc(3y)1.1%
ROICexgc(5y)1.45%
ROCE(3y)2.51%
ROCE(5y)3.11%
ROICexcg growth 3Y-18.78%
ROICexcg growth 5Y-0.93%
ROICexc growth 3Y-18.8%
ROICexc growth 5Y-0.9%
OM growth 3Y-29.54%
OM growth 5Y-5.46%
PM growth 3Y-31.06%
PM growth 5Y-5.81%
GM growth 3Y-24.01%
GM growth 5Y-9.99%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 48.68 | ||
| Cap/Depr | 87.42% | ||
| Cap/Sales | 1.65% | ||
| Interest Coverage | 0.25 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | -0.25 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)95.93%
Cap/Depr(5y)170.22%
Cap/Sales(3y)3.08%
Cap/Sales(5y)5.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)69.67%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%118.07%
EPS Next Y16.19%
EPS Next 2Y13.89%
EPS Next 3Y11.58%
EPS Next 5Y12.33%
Revenue 1Y (TTM)17%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%22.54%
Revenue Next Year9.86%
Revenue Next 2Y7.38%
Revenue Next 3Y5.96%
Revenue Next 5YN/A
EBIT growth 1Y59.99%
EBIT growth 3Y-11.94%
EBIT growth 5Y11.78%
EBIT Next Year1.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.97%
OCF growth 3YN/A
OCF growth 5YN/A