(DWS) DWS GmbH & Co. KGaA - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: XETRA (Germany) | Market Cap: 11.850m EUR | Total Return: 30.5% in 12m
Avg Turnover: 5.42M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
DWS Group GmbH & Co. KGaA is a global asset management firm headquartered in Frankfurt, Germany, providing investment solutions across equities, fixed income, and alternative assets. The company operates a diversified business model serving both retail and institutional clients across major financial hubs in Europe, the Americas, and the Asia Pacific region.
The firm maintains a specialized private equity division focused on seasoned assets in North America and Europe, utilizing strategies such as direct buyouts, secondary markets, and structured capital solutions. In the asset management sector, firms like DWS often generate revenue through management fees based on a percentage of assets under management (AUM) and performance-related fees from alternative investment vehicles.
DWS integrates sustainable investment frameworks into its product lineup, reflecting a broader industry shift toward Environmental, Social, and Governance (ESG) criteria in portfolio construction. Investors may find it useful to examine DWSs valuation metrics on ValueRay to better understand its market position. The companys private equity activities include providing follow-on equity for M&A and taking both minority and majority stakes in performing portfolio companies.
- Asset management fee margins compress amid shift toward passive investment products
- Net flow volatility in institutional mandates impacts total assets under management
- European regulatory scrutiny on ESG labeling affects sustainable fund inflows
- Operational independence from Deutsche Bank influences cost structure and dividend policy
- Market volatility drives fluctuations in performance-based revenue and seed capital valuations
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.87 > 1.0 |
| NWC/Revenue: -19.02% < 20% (prev -33.68%; Δ 14.67% < -1%) |
| CFO/TA 0.05 > 3% & CFO 571.0m > Net Income 1.19b |
| Net Debt (-863.0m) to EBITDA (2.18b): -0.40 < 3 |
| Current Ratio: 0.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (199.6m) vs 12m ago -0.19% < -2% |
| Gross Margin: 57.86% > 18% (prev 0.40%; Δ 5.75k% > 0.5%) |
| Asset Turnover: 49.01% > 50% (prev 39.21%; Δ 9.80% > 0%) |
| Interest Coverage Ratio: 14.17 > 6 (EBITDA TTM 2.18b / Interest Expense TTM 150.0m) |
| A: -0.09 (Total Current Assets 1.95b - Total Current Liabilities 3.05b) / Total Assets 11.8b |
| B: 0.32 (Retained Earnings 3.78b / Total Assets 11.8b) |
| C: 0.18 (EBIT TTM 2.12b / Avg Total Assets 11.8b) |
| D: 0.94 (Book Value of Equity 4.02b / Total Liabilities 4.29b) |
| Altman-Z'' = 2.62 = A |
| DSRI: 3.15 (Receivables 863.0m/220.0m, Revenue 5.79b/4.66b) |
| GMI: 0.69 (GM 57.86% / 40.13%) |
| AQI: 0.98 (AQ_t 0.82 / AQ_t-1 0.84) |
| SGI: 1.24 (Revenue 5.79b / 4.66b) |
| TATA: 0.05 (NI 1.19b - CFO 571.0m) / TA 11.8b) |
| Beneish M = -1.32 (Cap -4..+1) = D |
As of May 24, 2026, the stock is trading at EUR 60.85 with a total of 107,814 shares traded.
Over the past week, the price has changed by +2.18%,
over one month by +6.27%,
over three months by +3.21% and
over the past year by +30.49%.
DWS GmbH & Co. KGaA has no consensus analysts rating.
P/E Trailing = 11.9215
P/E Forward = 12.7389
P/S = 2.5424
P/B = 1.6005
P/EG = 1.1988
Revenue TTM = 5.79b EUR
EBIT TTM = 2.12b EUR
EBITDA TTM = 2.18b EUR
Long Term Debt = 151.0m EUR (from longTermDebtTotal, last quarter)
Short Term Debt = 2.00m EUR (from shortTermDebt, last quarter)
Debt = 153.0m EUR (from shortLongTermDebtTotal, last quarter) (leases 151.0m already included)
Net Debt = -863.0m EUR (calculated: Debt 153.0m - CCE 1.02b)
Enterprise Value = 11.0b EUR (11.9b + Debt 153.0m - CCE 1.02b)
Interest Coverage Ratio = 14.17 (Ebit TTM 2.12b / Interest Expense TTM 150.0m)
EV/FCF = 19.38x (Enterprise Value 11.0b / FCF TTM 567.0m)
FCF Yield = 5.16% (FCF TTM 567.0m / Enterprise Value 11.0b)
FCF Margin = 9.78% (FCF TTM 567.0m / Revenue TTM 5.79b)
Net Margin = 20.55% (Net Income TTM 1.19b / Revenue TTM 5.79b)
Gross Margin = 57.86% ((Revenue TTM 5.79b - Cost of Revenue TTM 2.44b) / Revenue TTM)
Gross Margin QoQ = 43.22% (prev 71.58%)
Tobins Q-Ratio = 0.93 (Enterprise Value 11.0b / Total Assets 11.8b)
Interest Expense / Debt = 98.04% (Interest Expense 150.0m / Debt 153.0m)
Taxrate = 29.91% (396.0m / 1.32b)
NOPAT = 1.49b (EBIT 2.12b * (1 - 29.91%))
Current Ratio = 0.64 (Total Current Assets 1.95b / Total Current Liabilities 3.05b)
Debt / Equity = 0.02 (Debt 153.0m / totalStockholderEquity, last quarter 7.46b)
Debt / EBITDA = -0.40 (Net Debt -863.0m / EBITDA 2.18b)
Debt / FCF = -1.52 (Net Debt -863.0m / FCF TTM 567.0m)
Total Stockholder Equity = 7.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.07% (Net Income 1.19b / Total Assets 11.8b)
RoE = 16.50% (Net Income TTM 1.19b / Total Stockholder Equity 7.22b)
RoCE = 28.83% (EBIT 2.12b / Capital Employed (Equity 7.22b + L.T.Debt 151.0m))
RoIC = 12.79% (NOPAT 1.49b / Invested Capital 11.6b)
WACC = 7.91% (E(11.9b)/V(12.0b) * Re(8.01%) + (debt cost/tax rate unavailable))
Discount Rate = 8.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.72 | Cagr: -0.09%
[DCF] Terminal Value 73.10% ; FCFF base≈610.2m ; Y1≈535.1m ; Y5≈432.3m
[DCF] Fair Price = 39.01 (EV 6.94b - Net Debt -863.0m = Equity 7.80b / Shares 200.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 98.41 | EPS CAGR: 24.29% | SUE: 2.84 | # QB: 2
Revenue Correlation: 31.59 | Revenue CAGR: 4.60% | SUE: 0.02 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.25 | Chg30d=-8.09% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.28 | Chg30d=+1.59% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=5.05 | Chg30d=+2.31% | Revisions=+0% | GrowthEPS=+7.5% | GrowthRev=+3.0%
EPS next Year (2027-12-31): EPS=5.28 | Chg30d=-0.31% | Revisions=-40% | GrowthEPS=+4.6% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: -40%