(DBK) Deutsche Bank - Ratings and Ratios
Corporate Banking, Investment Banking, Private Banking, Asset Management
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.23% |
| Yield on Cost 5y | 8.11% |
| Yield CAGR 5y | 50.00% |
| Payout Consistency | 75.0% |
| Payout Ratio | 25.5% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.6% |
| Value at Risk 5%th | 46.3% |
| Relative Tail Risk | -8.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.93 |
| Alpha | 90.70 |
| CAGR/Max DD | 1.54 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.470 |
| Beta | 0.387 |
| Beta Downside | 0.589 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.79% |
| Mean DD | 7.46% |
| Median DD | 5.10% |
Description: DBK Deutsche Bank September 26, 2025
Deutsche Bank AG (XETRA: DBK) is a diversified financial services group operating through four main segments: Corporate Bank, Investment Bank, Private Bank, and Asset Management. The Corporate Bank delivers risk-management tools, cash-management, trade-finance, lending, trust, agency, and securities services; the Investment Bank focuses on debt origination, M&A advisory, FX, and equity-capital-markets execution; the Private Bank provides payment, credit, deposit, and ESG-focused investment advice alongside broader wealth-management and postal services; the Asset Management arm offers alternative-investment vehicles (real-estate, infrastructure, liquid real assets, sustainable funds) plus insurance, pension, ALM, and portfolio-allocation solutions for institutional and retail clients.
As of the latest FY 2024 reporting, Deutsche Bank posted a CET1 ratio of 13.5 % (vs 13.0 % a year earlier), a net profit of €2.9 bn, and a return on equity (ROE) of 7.8 %-still below the German DAX-average ROE of roughly 10 % but reflecting a modest recovery from the 2022-23 downturn. The bank’s cost-to-income ratio improved to 71 % after a 2023 restructuring, and its loan-to-deposit ratio sits near 85 %, indicating a balanced funding profile. These metrics are publicly disclosed but subject to revision pending the upcoming Q3 2025 earnings release.
Key macro-drivers for DBK include the European Central Bank’s monetary-policy stance (interest-rate trajectory directly impacts net-interest-margin), the pace of Germany’s economic growth (GDP growth forecast of 0.3 % in 2025, per the IMF), and the ongoing digital-banking transformation, which is compressing margins in traditional retail banking while opening fee-based revenue streams in wealth-tech. Additionally, regulatory capital requirements and the bank’s exposure to sovereign-risk-weighted assets in the Eurozone remain material risk factors.
For a deeper quantitative assessment, the ValueRay platform provides granular, comparable metrics that can help you test these assumptions and refine your valuation outlook.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (5.73b TTM) > 0 and > 6% of Revenue (6% = 3.28b TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -2.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1110 % (prev 985.7%; Δ -2096 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.00 (>3.0%) and CFO -2.93b <= Net Income 5.73b (YES >=105%, WARN >=100%) |
| Net Debt (70.70b) to EBITDA (5.84b) ratio: 12.11 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.95b) change vs 12m ago -3.92% (target <= -2.0% for YES) |
| Gross Margin 55.35% (prev 78.07%; Δ -22.72pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 3.95% (prev 3.44%; Δ 0.50pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.61 (EBITDA TTM 5.84b / Interest Expense TTM 30.16b) >= 6 (WARN >= 3) |
Altman Z'' -2.87
| (A) -0.44 = (Total Current Assets 254.96b - Total Current Liabilities 862.10b) / Total Assets 1391.25b |
| (B) 0.02 = Retained Earnings (Balance) 26.59b / Total Assets 1391.25b |
| (C) -0.01 = EBIT TTM -18.32b / Avg Total Assets 1385.67b |
| (D) 0.02 = Book Value of Equity 26.59b / Total Liabilities 1312.37b |
| Total Rating: -2.87 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 26.82
| 1. Piotroski 3.0pt |
| 2. FCF Yield -21.85% |
| 3. FCF Margin -53.24% |
| 4. Debt/Equity 2.90 |
| 5. Debt/Ebitda 12.11 |
| 6. ROIC - WACC (= -9.78)% |
| 7. RoE 7.36% |
| 8. Rev. Trend 66.12% |
| 9. EPS Trend 21.98% |
What is the price of DBK shares?
Over the past week, the price has changed by +2.68%, over one month by +5.08%, over three months by +0.92% and over the past year by +103.71%.
Is DBK a buy, sell or hold?
What are the forecasts/targets for the DBK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 31.3 | 2.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 43.5 | 42.5% |
DBK Fundamental Data Overview November 26, 2025
Market Cap EUR = 56.88b (56.88b EUR * 1.0 EUR.EUR)
P/E Trailing = 11.7649
P/E Forward = 8.9047
P/S = 1.9049
P/B = 0.7315
P/EG = 0.4408
Beta = 1.021
Revenue TTM = 54.69b EUR
EBIT TTM = -18.32b EUR
EBITDA TTM = 5.84b EUR
Long Term Debt = 113.77b EUR (from longTermDebt, last quarter)
Short Term Debt = 14.86b EUR (from shortLongTermDebt, last quarter)
Debt = 224.35b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 70.70b EUR (from netDebt column, last fiscal year)
Enterprise Value = 133.22b EUR (56.88b + Debt 224.35b - CCE 148.01b)
Interest Coverage Ratio = -0.61 (Ebit TTM -18.32b / Interest Expense TTM 30.16b)
FCF Yield = -21.85% (FCF TTM -29.11b / Enterprise Value 133.22b)
FCF Margin = -53.24% (FCF TTM -29.11b / Revenue TTM 54.69b)
Net Margin = 10.48% (Net Income TTM 5.73b / Revenue TTM 54.69b)
Gross Margin = 55.35% ((Revenue TTM 54.69b - Cost of Revenue TTM 24.42b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 49.23%)
Tobins Q-Ratio = 0.10 (Enterprise Value 133.22b / Total Assets 1391.25b)
Interest Expense / Debt = 3.14% (Interest Expense 7.05b / Debt 224.35b)
Taxrate = 25.60% (626.0m / 2.44b)
NOPAT = -13.63b (EBIT -18.32b * (1 - 25.60%)) [loss with tax shield]
Current Ratio = 0.30 (Total Current Assets 254.96b / Total Current Liabilities 862.10b)
Debt / Equity = 2.90 (Debt 224.35b / totalStockholderEquity, last quarter 77.38b)
Debt / EBITDA = 12.11 (Net Debt 70.70b / EBITDA 5.84b)
Debt / FCF = -2.43 (negative FCF - burning cash) (Net Debt 70.70b / FCF TTM -29.11b)
Total Stockholder Equity = 77.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.41% (Net Income 5.73b / Total Assets 1391.25b)
RoE = 7.36% (Net Income TTM 5.73b / Total Stockholder Equity 77.90b)
RoCE = -9.56% (EBIT -18.32b / Capital Employed (Equity 77.90b + L.T.Debt 113.77b))
RoIC = -6.41% (negative operating profit) (NOPAT -13.63b / Invested Capital 212.58b)
WACC = 3.37% (E(56.88b)/V(281.23b) * Re(7.44%) + D(224.35b)/V(281.23b) * Rd(3.14%) * (1-Tc(0.26)))
Discount Rate = 7.44% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -3.56%
Fair Price DCF = unknown (Cash Flow -29.11b)
EPS Correlation: 21.98 | EPS CAGR: 38.51% | SUE: 1.05 | # QB: 1
Revenue Correlation: 66.12 | Revenue CAGR: 8.81% | SUE: 0.02 | # QB: 0