(DB1) Deutsche Börse - Ratings and Ratios
Indices, Trading, Clearing, FundServices, Securities
DB1 EPS (Earnings per Share)
DB1 Revenue
Description: DB1 Deutsche Börse
Deutsche Börse AG is a leading international exchange organization operating across multiple regions, including Europe, the US, and Asia-Pacific. The company is divided into four main segments: Investment Management Solutions, Trading & Clearing, Fund Services, and Securities Services, offering a wide range of services including index calculation, trading venues, clearing services, and securities settlement.
From a business perspective, Deutsche Börse AG has a strong presence in the financial markets, providing critical infrastructure for trading, clearing, and settlement of securities. The companys indices, such as DAX and STOXX, are widely followed and have become benchmarks for the European financial markets. Additionally, its Eurex derivatives market and Clearstream securities settlement services are key players in their respective markets.
To evaluate the companys performance, we can look at key performance indicators (KPIs) such as revenue growth, market share, and return on equity (RoE). With a RoE of 23.73%, Deutsche Börse AG demonstrates a strong ability to generate profits from its equity base. The companys market capitalization of €49.4 billion indicates a significant size and scale in the financial exchanges and data industry. Furthermore, its price-to-earnings (P/E) ratio of 25.04 suggests that investors are willing to pay a premium for the companys earnings, potentially due to its strong market position and growth prospects.
Overall, Deutsche Börse AG is a dominant player in the European financial markets, with a diversified business model and strong financial performance. Its commitment to providing critical infrastructure for financial markets, combined with its innovative products and services, positions the company for continued success in the industry.
DB1 Stock Overview
| Market Cap in USD | 54,693m |
| Sub-Industry | Financial Exchanges & Data |
| IPO / Inception |
DB1 Stock Ratings
| Growth Rating | 78.3% |
| Fundamental | 73.7% |
| Dividend Rating | 56.4% |
| Return 12m vs S&P 500 | 7.49% |
| Analyst Rating | - |
DB1 Dividends
| Dividend Yield 12m | 1.60% |
| Yield on Cost 5y | 2.79% |
| Annual Growth 5y | 5.55% |
| Payout Consistency | 96.8% |
| Payout Ratio | 37.0% |
DB1 Growth Ratios
| Growth Correlation 3m | -86.5% |
| Growth Correlation 12m | 83.8% |
| Growth Correlation 5y | 96.2% |
| CAGR 5y | 11.73% |
| CAGR/Max DD 5y | 0.56 |
| Sharpe Ratio 12m | 2.07 |
| Alpha | 19.25 |
| Beta | 0.227 |
| Volatility | 16.40% |
| Current Volume | 222.1k |
| Average Volume 20d | 256.2k |
| Stop Loss | 244 (-3%) |
| Signal | -1.43 |
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (1.99b TTM) > 0 and > 6% of Revenue (6% = 433.7m TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA -0.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 46.74% (prev 33.35%; Δ 13.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.01 (>3.0%) and CFO 3.74b > Net Income 1.99b (YES >=105%, WARN >=100%) |
| Net Debt (-1.71b) to EBITDA (3.46b) ratio: -0.49 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (183.5m) change vs 12m ago -0.15% (target <= -2.0% for YES) |
| Gross Margin 54.28% (prev 69.22%; Δ -14.94pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.63% (prev 3.84%; Δ -1.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 81.33 (EBITDA TTM 3.46b / Interest Expense TTM 36.6m) >= 6 (WARN >= 3) |
Altman Z'' 0.28
| (A) 0.01 = (Total Current Assets 270.02b - Total Current Liabilities 266.64b) / Total Assets 294.27b |
| (B) 0.03 = Retained Earnings (Balance) 9.21b / Total Assets 294.27b |
| (C) 0.01 = EBIT TTM 2.98b / Avg Total Assets 275.19b |
| (D) 0.03 = Book Value of Equity 9.40b / Total Liabilities 283.25b |
| Total Rating: 0.28 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.69
| 1. Piotroski 3.50pt = -1.50 |
| 2. FCF Yield 2.71% = 1.36 |
| 3. FCF Margin 28.36% = 7.09 |
| 4. Debt/Equity 2.87 = -0.58 |
| 5. Debt/Ebitda 8.78 = -2.50 |
| 6. ROIC - WACC 13.05% = 12.50 |
| 7. RoE 18.67% = 1.56 |
| 8. Rev. Trend 41.82% = 2.09 |
| 9. Rev. CAGR 11.76% = 1.47 |
| 10. EPS Trend 40.68% = 1.02 |
| 11. EPS CAGR 11.93% = 1.19 |
What is the price of DB1 shares?
Over the past week, the price has changed by -2.06%, over one month by -0.98%, over three months by -11.31% and over the past year by +25.73%.
Is Deutsche Börse a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DB1 is around 253.86 EUR . This means that DB1 is currently overvalued and has a potential downside of 0.9%.
Is DB1 a buy, sell or hold?
What are the forecasts/targets for the DB1 price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 270.2 | 7.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 272.1 | 8.1% |
DB1 Fundamental Data Overview
Market Cap EUR = 46.95b (46.95b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 1.71b EUR (last quarter)
P/E Trailing = 23.7883
P/E Forward = 24.0964
P/S = 6.4955
P/B = 4.462
P/EG = 3.8207
Beta = 0.529
Revenue TTM = 7.23b EUR
EBIT TTM = 2.98b EUR
EBITDA TTM = 3.46b EUR
Long Term Debt = 6.22b EUR (from longTermDebt, last quarter)
Short Term Debt = 24.13b EUR (from shortTermDebt, last quarter)
Debt = 30.35b EUR (Calculated: Short Term 24.13b + Long Term 6.22b)
Net Debt = -1.71b EUR (from netDebt column, last quarter)
Enterprise Value = 75.59b EUR (46.95b + Debt 30.35b - CCE 1.71b)
Interest Coverage Ratio = 81.33 (Ebit TTM 2.98b / Interest Expense TTM 36.6m)
FCF Yield = 2.71% (FCF TTM 2.05b / Enterprise Value 75.59b)
FCF Margin = 28.36% (FCF TTM 2.05b / Revenue TTM 7.23b)
Net Margin = 27.47% (Net Income TTM 1.99b / Revenue TTM 7.23b)
Gross Margin = 54.28% ((Revenue TTM 7.23b - Cost of Revenue TTM 3.31b) / Revenue TTM)
Tobins Q-Ratio = 8.04 (Enterprise Value 75.59b / Book Value Of Equity 9.40b)
Interest Expense / Debt = 0.02% (Interest Expense 6.10m / Debt 30.35b)
Taxrate = 25.46% (from yearly Income Tax Expense: 698.9m / 2.75b)
NOPAT = 2.22b (EBIT 2.98b * (1 - 25.46%))
Current Ratio = 1.01 (Total Current Assets 270.02b / Total Current Liabilities 266.64b)
Debt / Equity = 2.87 (Debt 30.35b / last Quarter total Stockholder Equity 10.56b)
Debt / EBITDA = 8.78 (Net Debt -1.71b / EBITDA 3.46b)
Debt / FCF = 14.80 (Debt 30.35b / FCF TTM 2.05b)
Total Stockholder Equity = 10.64b (last 4 quarters mean)
RoA = 0.67% (Net Income 1.99b, Total Assets 294.27b )
RoE = 18.67% (Net Income TTM 1.99b / Total Stockholder Equity 10.64b)
RoCE = 17.66% (Ebit 2.98b / (Equity 10.64b + L.T.Debt 6.22b))
RoIC = 17.21% (NOPAT 2.22b / Invested Capital 12.89b)
WACC = 4.17% (E(46.95b)/V(77.30b) * Re(6.85%)) + (D(30.35b)/V(77.30b) * Rd(0.02%) * (1-Tc(0.25)))
Shares Correlation 5-Years: 10.0 | Cagr: 0.00%
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.26% ; FCFE base≈2.22b ; Y1≈2.21b ; Y5≈2.34b
Fair Price DCF = 225.9 (DCF Value 41.40b / Shares Outstanding 183.3m; 5y FCF grow -0.83% → 3.0% )
Revenue Correlation: 41.82 | Revenue CAGR: 11.76%
Rev Growth-of-Growth: -53.08
EPS Correlation: 40.68 | EPS CAGR: 11.93%
EPS Growth-of-Growth: -50.59