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 4 out of 10 to GOS. GOS was compared to 104 industry peers in the Capital Markets industry. GOS has a medium profitability rating, but doesn't score so well on its financial health evaluation. GOS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year GOS was profitable.
GOS had a negative operating cash flow in the past year.
Each year in the past 5 years GOS has 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 53.85% of its industry peers.
GOS has a Return On Equity of 11.09%. This is in the better half of the industry: GOS outperforms 66.35% of its industry peers.
The Return On Invested Capital of GOS (1.08%) 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 8.35%.
The 3 year average ROIC (0.90%) for GOS is below the current ROIC(1.08%), indicating increased profibility in the last year.
| 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)1.18%
1.3 Margins
Looking at the Profit Margin, with a value of 10.66%, GOS is in line with its industry, outperforming 56.73% of the companies in the same industry.
In the last couple of years the Profit Margin of GOS has declined.
Looking at the Operating Margin, with a value of 14.56%, GOS is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Operating Margin of GOS has declined.
With a Gross Margin value of 36.88%, GOS perfoms like the industry average, outperforming 59.62% of the companies in the same industry.
GOS's Gross Margin has declined in the last couple of years.
| 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
Compared to 1 year ago, GOS has less shares outstanding
Compared to 5 years ago, GOS has less shares outstanding
The debt/assets ratio for GOS is higher compared to a year ago.
2.2 Solvency
GOS has an Altman-Z score of -0.25. This is a bad value and indicates that GOS is not financially healthy and even has some risk of bankruptcy.
GOS has a Altman-Z score of -0.25. This is comparable to the rest of the industry: GOS outperforms 44.23% 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 63.46% 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 of 0.29. This is comparable to the rest of the industry: GOS outperforms 46.15% of 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.
With a Quick ratio value of 0.29, GOS perfoms like the industry average, outperforming 46.15% of the companies in the same 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.
The Earnings Per Share has been growing by 14.07% on average over the past years. This is quite good.
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
Based on estimates for the next years, GOS will show a small growth in Earnings Per Share. The EPS will grow by 7.88% on average per year.
The Revenue is expected to grow by 2.67% on average over the next years.
EPS Next Y14.31%
EPS Next 2Y13.14%
EPS Next 3Y12.56%
EPS Next 5Y7.88%
Revenue Next Year6.51%
Revenue Next 2Y5.48%
Revenue Next 3Y4.53%
Revenue Next 5Y2.67%
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.
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 12.61, 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 72.12% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.79. GOS is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.47, the valuation of GOS can be described as very reasonable.
GOS's Price/Forward Earnings ratio is rather cheap when compared to the industry. GOS is cheaper than 81.73% of the companies in the same industry.
GOS is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.61 | ||
| Fwd PE | 10.47 |
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 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.59 |
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.
GOS's earnings are expected to grow with 12.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.88
PEG (5Y)0.9
EPS Next 2Y13.14%
EPS Next 3Y12.56%
5. Dividend
5.1 Amount
GOS has a Yearly Dividend Yield of 2.20%.
In the last 3 months the price of GOS has falen by -21.13%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
GOS's Dividend Yield is comparable with the industry average which is at 6.58.
GOS's Dividend Yield is comparable with the S&P500 average which is at 2.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
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
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 2Y13.14%
EPS Next 3Y12.56%
FRA:GOS (4/25/2025, 7:00:00 PM)
478.6
+3.85 (+0.81%)
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 Cap148.74B
Analysts77.33
Price Target525.89 (9.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend12.49
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)-16.69%
PT rev (3m)-9.43%
EPS NQ rev (1m)-1.71%
EPS NQ rev (3m)3.47%
EPS NY rev (1m)-2.33%
EPS NY rev (3m)5.57%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)2.67%
Revenue NY rev (1m)-3.05%
Revenue NY rev (3m)-2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.61 | ||
| Fwd PE | 10.47 | ||
| P/S | 1.33 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.38 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 15.59 |
EPS(TTM)37.94
EY7.93%
EPS(NY)45.7
Fwd EY9.55%
FCF(TTM)-43.36
FCFYN/A
OCF(TTM)-37.43
OCFYN/A
SpS359.39
BVpS345.63
TBVpS326.65
PEG (NY)0.88
PEG (5Y)0.9
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)1.18%
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 Turnover0.08
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)68.25%
EPS 3Y-11.93%
EPS 5Y14.07%
EPS Q2Q%21.93%
EPS Next Y14.31%
EPS Next 2Y13.14%
EPS Next 3Y12.56%
EPS Next 5Y7.88%
Revenue 1Y (TTM)9.59%
Revenue growth 3Y24.97%
Revenue growth 5Y18.23%
Sales Q2Q%5.97%
Revenue Next Year6.51%
Revenue Next 2Y5.48%
Revenue Next 3Y4.53%
Revenue Next 5Y2.67%
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