GOLDMAN SACHS GROUP INC (GOS.DE) Stock Fundamental Analysis
FRA:GOS - Deutsche Boerse Ag - US38141G1040 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to GOS. GOS was compared to 110 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 correct valuation and a medium growth rate.
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.
GOS had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: GOS reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of GOS (0.80%) is comparable to the rest of the industry.
GOS has a better Return On Equity (11.43%) than 64.55% of its industry peers.
GOS has a Return On Invested Capital (1.02%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for GOS is significantly below the industry average of 8.43%.
The 3 year average ROIC (0.90%) for GOS is below the current ROIC(1.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 11.43% | ||
| ROIC | 1.02% |
ROA(3y)0.68%
ROA(5y)0.85%
ROE(3y)9.01%
ROE(5y)11.11%
ROIC(3y)0.9%
ROIC(5y)1.18%
1.3 Margins
Looking at the Profit Margin, with a value of 11.23%, GOS is in line with its industry, outperforming 55.45% of the companies in the same industry.
In the last couple of years the Profit Margin of GOS has declined.
GOS has a better Operating Margin (14.89%) than 60.91% of its industry peers.
In the last couple of years the Operating Margin of GOS has declined.
GOS has a Gross Margin (37.45%) which is in line with its industry peers.
In the last couple of years the Gross Margin of GOS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.89% | ||
| PM (TTM) | 11.23% | ||
| GM | 37.45% |
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
Compared to 1 year ago, GOS has less shares outstanding
GOS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for GOS is higher compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 8.58 is on the high side and indicates that GOS has dependencies on debt financing.
The Debt to Equity ratio of GOS (8.58) is worse than 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.29 indicates that GOS may have some problems paying its short term obligations.
GOS has a Current ratio (0.29) which is in line with its industry peers.
GOS has a Quick 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 Quick ratio (0.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.25% over the past year.
GOS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.07% yearly.
The Revenue has grown by 9.59% in the past year. This is quite good.
Measured over the past years, GOS shows a quite strong growth in Revenue. The Revenue has been growing by 18.23% on average per year.
EPS 1Y (TTM)68.25%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%21.93%
Revenue 1Y (TTM)9.59%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%5.97%
3.2 Future
GOS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.57% yearly.
Based on estimates for the next years, GOS will show a small growth in Revenue. The Revenue will grow by 3.47% on average per year.
EPS Next Y14.1%
EPS Next 2Y12.34%
EPS Next 3Y11.29%
EPS Next 5Y5.57%
Revenue Next Year6.68%
Revenue Next 2Y5.15%
Revenue Next 3Y4.19%
Revenue Next 5Y3.47%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.35, the valuation of GOS can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of GOS indicates a somewhat cheap valuation: GOS is cheaper than 68.18% of the companies listed in the same industry.
GOS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 13.76, which indicates a correct valuation of GOS.
73.64% of the companies in the same industry are more expensive than GOS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.76. GOS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.35 | ||
| Fwd PE | 13.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOS indicates a somewhat cheap valuation: GOS is cheaper than 75.45% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.25 |
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)1.16
PEG (5Y)1.16
EPS Next 2Y12.34%
EPS Next 3Y11.29%
5. Dividend
5.1 Amount
GOS has a Yearly Dividend Yield of 1.66%.
GOS's Dividend Yield is comparable with the industry average which is at 6.06.
GOS's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
The dividend of GOS is nicely growing with an annual growth rate of 19.24%!
Dividend Growth(5Y)19.24%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
31.66% of the earnings are spent on dividend by GOS. This is a low number and sustainable payout ratio.
GOS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.66%
EPS Next 2Y12.34%
EPS Next 3Y11.29%
FRA:GOS (7/11/2025, 7:00:00 PM)
601.6
-3.7 (-0.61%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.22%
Inst Owner ChangeN/A
Ins Owners0.53%
Ins Owner ChangeN/A
Market Cap184.59B
Analysts76
Price Target526.19 (-12.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
Yearly Dividend12.06
Dividend Growth(5Y)19.24%
DP31.66%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.04%
Min EPS beat(2)11%
Max EPS beat(2)41.07%
EPS beat(4)4
Avg EPS beat(4)17.7%
Min EPS beat(4)0.29%
Max EPS beat(4)41.07%
EPS beat(8)6
Avg EPS beat(8)18.46%
EPS beat(12)9
Avg EPS beat(12)11.92%
EPS beat(16)12
Avg EPS beat(16)14.67%
Revenue beat(2)1
Avg Revenue beat(2)3.71%
Min Revenue beat(2)-1.25%
Max Revenue beat(2)8.67%
Revenue beat(4)2
Avg Revenue beat(4)2.78%
Min Revenue beat(4)-1.25%
Max Revenue beat(4)8.67%
Revenue beat(8)5
Avg Revenue beat(8)2.48%
Revenue beat(12)9
Avg Revenue beat(12)24.27%
Revenue beat(16)13
Avg Revenue beat(16)23.71%
PT rev (1m)-2.3%
PT rev (3m)-12.26%
EPS NQ rev (1m)-2.86%
EPS NQ rev (3m)-12.96%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)-2.51%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-3.78%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)-2.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.35 | ||
| Fwd PE | 13.76 | ||
| P/S | 1.71 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.74 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 18.25 |
EPS(TTM)36.8
EY6.12%
EPS(NY)43.71
Fwd EY7.27%
FCF(TTM)-68.18
FCFYN/A
OCF(TTM)-62.36
OCFYN/A
SpS351.38
BVpS345.14
TBVpS345.14
PEG (NY)1.16
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 11.43% | ||
| ROCE | 2.94% | ||
| ROIC | 1.02% | ||
| ROICexc | 1.16% | ||
| ROICexgc | 1.19% | ||
| OM | 14.89% | ||
| PM (TTM) | 11.23% | ||
| GM | 37.45% | ||
| 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)1.18%
ROICexc(3y)1.1%
ROICexc(5y)1.47%
ROICexgc(3y)1.11%
ROICexgc(5y)1.48%
ROCE(3y)2.51%
ROCE(5y)3.11%
ROICexcg growth 3Y-19.38%
ROICexcg growth 5Y-1.43%
ROICexc growth 3Y-19.4%
ROICexc growth 5Y-1.39%
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 Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 50.5 | ||
| Cap/Depr | 92.16% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 0.26 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | N/A |
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)68.25%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%21.93%
EPS Next Y14.1%
EPS Next 2Y12.34%
EPS Next 3Y11.29%
EPS Next 5Y5.57%
Revenue 1Y (TTM)9.59%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%5.97%
Revenue Next Year6.68%
Revenue Next 2Y5.15%
Revenue Next 3Y4.19%
Revenue Next 5Y3.47%
EBIT growth 1Y48.68%
EBIT growth 3Y-11.94%
EBIT growth 5Y11.78%
EBIT Next Year1.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-171.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-159.51%
OCF growth 3YN/A
OCF growth 5YN/A