MBB SE (MBB.DE) Stock Fundamental Analysis
FRA:MBB - Deutsche Boerse Ag - DE000A0ETBQ4 - Common Stock - Currency: EUR
Taking everything into account, MBB scores 6 out of 10 in our fundamental rating. MBB was compared to 15 industry peers in the Industrial Conglomerates industry. No worries on liquidiy or solvency for MBB as it has an excellent financial health rating, but there are worries on the profitability. MBB is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year MBB was profitable.
MBB had a positive operating cash flow in the past year.
MBB had positive earnings in 4 of the past 5 years.
In the past 5 years MBB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MBB (2.31%) is worse than 66.67% of its industry peers.
With a Return On Equity value of 4.97%, MBB is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
MBB has a worse Return On Invested Capital (4.47%) than 60.00% of its industry peers.
MBB had an Average Return On Invested Capital over the past 3 years of 1.16%. This is significantly below the industry average of 7.16%.
The last Return On Invested Capital (4.47%) for MBB is above the 3 year average (1.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 4.97% | ||
| ROIC | 4.47% |
ROA(3y)0.37%
ROA(5y)1.17%
ROE(3y)0.79%
ROE(5y)2.77%
ROIC(3y)1.16%
ROIC(5y)1.92%
1.3 Margins
MBB has a Profit Margin of 2.61%. This is amonst the worse of the industry: MBB underperforms 80.00% of its industry peers.
MBB's Profit Margin has declined in the last couple of years.
MBB's Operating Margin of 5.97% is on the low side compared to the rest of the industry. MBB is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of MBB has declined.
MBB has a Gross Margin of 43.19%. This is comparable to the rest of the industry: MBB outperforms 53.33% of its industry peers.
MBB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.97% | ||
| PM (TTM) | 2.61% | ||
| GM | 43.19% |
OM growth 3Y-20.32%
OM growth 5Y-24.6%
PM growth 3Y-11.54%
PM growth 5Y-15.97%
GM growth 3Y-5.84%
GM growth 5Y0.81%
2. Health
2.1 Basic Checks
MBB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for MBB has been reduced compared to 1 year ago.
Compared to 5 years ago, MBB has less shares outstanding
MBB has a better debt/assets ratio than last year.
2.2 Solvency
MBB has an Altman-Z score of 2.26. This is not the best score and indicates that MBB is in the grey zone with still only limited risk for bankruptcy at the moment.
MBB has a Altman-Z score (2.26) which is comparable to the rest of the industry.
MBB has a debt to FCF ratio of 0.74. This is a very positive value and a sign of high solvency as it would only need 0.74 years to pay back of all of its debts.
MBB has a Debt to FCF ratio of 0.74. This is amongst the best in the industry. MBB outperforms 100.00% of its industry peers.
MBB has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.08, MBB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.74 | ||
| Altman-Z | 2.26 |
ROIC/WACC0.66
WACC6.72%
2.3 Liquidity
A Current Ratio of 2.51 indicates that MBB has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.51, MBB belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
A Quick Ratio of 2.28 indicates that MBB has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.28, MBB belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.51 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 611.15% over the past year.
The Earnings Per Share has been decreasing by -1.94% on average over the past years.
Looking at the last year, MBB shows a quite strong growth in Revenue. The Revenue has grown by 8.37% in the last year.
Measured over the past years, MBB shows a quite strong growth in Revenue. The Revenue has been growing by 13.51% on average per year.
EPS 1Y (TTM)611.15%
EPS 3Y-0.3%
EPS 5Y-1.94%
EPS Q2Q%215.67%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y11.44%
Revenue growth 5Y13.51%
Sales Q2Q%12.77%
3.2 Future
Based on estimates for the next years, MBB will show a very strong growth in Earnings Per Share. The EPS will grow by 77.86% on average per year.
The Revenue is expected to grow by 10.21% on average over the next years. This is quite good.
EPS Next Y325.56%
EPS Next 2Y121.59%
EPS Next 3Y77.86%
EPS Next 5YN/A
Revenue Next Year16%
Revenue Next 2Y12.02%
Revenue Next 3Y10.21%
Revenue Next 5YN/A
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 accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.10, the valuation of MBB can be described as rather expensive.
Based on the Price/Earnings ratio, MBB is valued a bit more expensive than 60.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.35, MBB is valued a bit cheaper.
MBB is valuated correctly with a Price/Forward Earnings ratio of 14.90.
Based on the Price/Forward Earnings ratio, MBB is valued a bit cheaper than 66.67% of the companies in the same industry.
MBB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.1 | ||
| Fwd PE | 14.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MBB indicates a rather cheap valuation: MBB is cheaper than 100.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MBB indicates a rather cheap valuation: MBB is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.46 | ||
| EV/EBITDA | 1.92 |
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.
MBB's earnings are expected to grow with 77.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y121.59%
EPS Next 3Y77.86%
5. Dividend
5.1 Amount
MBB has a yearly dividend return of 0.90%, which is pretty low.
Compared to an average industry Dividend Yield of 3.70, MBB's dividend is way lower than its industry peers. On top of this 93.33% of the companies listed in the same industry pay a better dividend than MBB!
With a Dividend Yield of 0.90, MBB pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
5.2 History
The dividend of MBB decreases each year by -5.55%.
Dividend Growth(5Y)-5.55%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
20.00% of the earnings are spent on dividend by MBB. This is a low number and sustainable payout ratio.
DP20%
EPS Next 2Y121.59%
EPS Next 3Y77.86%
FRA:MBB (3/7/2025, 7:00:00 PM)
111.8
-0.8 (-0.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners5.53%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap639.50M
Analysts77.14
Price Target128.86 (15.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
Yearly Dividend0.99
Dividend Growth(5Y)-5.55%
DP20%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4.66%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.1 | ||
| Fwd PE | 14.9 | ||
| P/S | 0.62 | ||
| P/FCF | 6.46 | ||
| P/OCF | 4.17 | ||
| P/B | 1.18 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 1.92 |
EPS(TTM)4.84
EY4.33%
EPS(NY)7.5
Fwd EY6.71%
FCF(TTM)17.31
FCFY15.48%
OCF(TTM)26.81
OCFY23.98%
SpS179.75
BVpS94.59
TBVpS82.33
PEG (NY)0.07
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 4.97% | ||
| ROCE | 7.1% | ||
| ROIC | 4.47% | ||
| ROICexc | 8.09% | ||
| ROICexgc | 9.48% | ||
| OM | 5.97% | ||
| PM (TTM) | 2.61% | ||
| GM | 43.19% | ||
| FCFM | 9.63% |
ROA(3y)0.37%
ROA(5y)1.17%
ROE(3y)0.79%
ROE(5y)2.77%
ROIC(3y)1.16%
ROIC(5y)1.92%
ROICexc(3y)2.3%
ROICexc(5y)3.33%
ROICexgc(3y)2.73%
ROICexgc(5y)4.02%
ROCE(3y)1.84%
ROCE(5y)3.04%
ROICexcg growth 3Y-12.69%
ROICexcg growth 5YN/A
ROICexc growth 3Y-12.62%
ROICexc growth 5YN/A
OM growth 3Y-20.32%
OM growth 5Y-24.6%
PM growth 3Y-11.54%
PM growth 5Y-15.97%
GM growth 3Y-5.84%
GM growth 5Y0.81%
F-Score9
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.74 | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 117.67% | ||
| Cap/Sales | 5.29% | ||
| Interest Coverage | 15.35 | ||
| Cash Conversion | 142.52% | ||
| Profit Quality | 368.26% | ||
| Current Ratio | 2.51 | ||
| Quick Ratio | 2.28 | ||
| Altman-Z | 2.26 |
F-Score9
WACC6.72%
ROIC/WACC0.66
Cap/Depr(3y)105.12%
Cap/Depr(5y)95.32%
Cap/Sales(3y)5.22%
Cap/Sales(5y)4.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)611.15%
EPS 3Y-0.3%
EPS 5Y-1.94%
EPS Q2Q%215.67%
EPS Next Y325.56%
EPS Next 2Y121.59%
EPS Next 3Y77.86%
EPS Next 5YN/A
Revenue 1Y (TTM)8.37%
Revenue growth 3Y11.44%
Revenue growth 5Y13.51%
Sales Q2Q%12.77%
Revenue Next Year16%
Revenue Next 2Y12.02%
Revenue Next 3Y10.21%
Revenue Next 5YN/A
EBIT growth 1Y3542.29%
EBIT growth 3Y-11.21%
EBIT growth 5Y-14.42%
EBIT Next Year315.84%
EBIT Next 3Y71.2%
EBIT Next 5YN/A
FCF growth 1Y1182.35%
FCF growth 3Y52.96%
FCF growth 5Y140.96%
OCF growth 1Y357.44%
OCF growth 3Y31.16%
OCF growth 5Y39.36%