DWS Stock Analysis: DWS GmbH & Co. KGaA | XETRA
Asset Management | XETRA, Germany | Market Cap: 13.130m EUR | 12M Return: 51.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.52M
Warnings
Tailwinds
Seasonality 8.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
DWS Group GmbH & Co. KGaA is a global asset manager headquartered in Frankfurt am Main, Germany, offering investment products and solutions across equities, fixed income, cash, real estate, infrastructure, private equity, and sustainable investments. The firm serves both retail and institutional investors in Europe, the Middle East, Africa, the Americas, and the Asia Pacific region.
Within private equity, DWS specializes in co-investments, emerging markets, small and medium-sized companies, direct buyouts, secondaries, and structured capital solutions for private equity firms. Its typical PE activities include providing follow-on equity capital to fund M&A, taking minority interests to enable partial portfolio liquidity, supplying flexible capital for continuation situations around single assets, and acquiring majority stakes in portfolio companies. DWS generally invests in seasoned, performing assets located in North America and Europe.
As an asset manager, DWS operates within the Financials sector, where firms typically generate revenue through management fees charged on assets under management (AUM) and, in some cases, performance-based fees linked to investment outcomes. DWS is among the largest asset managers in Germany and has historically operated as part of the Deutsche Bank group.
- Net outflows persist amid passive competition and fee compression
- Cost reduction program lifts adjusted operating margin
- Deutsche Bank ownership stake shift drives buyback speculation
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 3.67 > 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 40.13%; Δ 17.73% > 0.5%) |
| Asset Turnover: 49.01% > 50% (prev 39.21%; Δ 9.80% > 0%) |
| Interest Coverage Ratio: 6.94 > 6 (EBIT TTM 2.12b / Interest Expense TTM 306.0m) |
| 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: 1.74 (Book Value of Equity 7.46b / Total Liabilities 4.29b) |
| Altman-Z'' = 3.46 = A |
| DSRI: 3.0 (Receivables 863.0m/220.0m, Revenue 5.79b/4.66b) |
| GMI: 0.69 (GM 40.13% / 57.86%) |
| 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 = -1.49 (Cap -4..+1) = D |
As of July 08, 2026, the stock is trading at EUR 69.00 with a total of 108,596 shares traded. Over the past week, the price has changed by +5.10%, over one month by +16.26%, over three months by +34.68% and over the past year by +51.30%.
Current recommended Stop Loss: 66.70 (which is 3.3% or 1.3 ATR below the current price).
DWS GmbH & Co. KGaA has no consensus analysts rating.
P/E Trailing = 13.2093
P/E Forward = 12.4069
P/S = 2.817
P/B = 1.6997
P/EG = 1.1991
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 = 12.3b EUR (13.1b + Debt 153.0m - CCE 1.02b)
Interest Coverage Ratio = 6.94 (Ebit TTM 2.12b / Interest Expense TTM 306.0m)
EV/FCF = 8.41x (Enterprise Value 12.3b / FCF TTM 1.46b)
FCF Yield = 11.89% (FCF TTM 1.46b / Enterprise Value 12.3b)
FCF Margin = 25.18% (FCF TTM 1.46b / 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 = 1.04 (Enterprise Value 12.3b / Total Assets 11.8b)
Interest Expense / Debt = 200.0% (Interest Expense 306.0m / Debt 153.0m)
Taxrate = 29.91% (396.0m / 1.32b)
NOPAT = 1.49b (EBIT 2.12b * (1 - 29.91%))
Current Ratio = 0.48 (Total Current Assets 1.95b / Total Current Liabilities 4.03b)
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 = -0.59 (Net Debt -863.0m / FCF TTM 1.46b)
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 = 12.97% (NOPAT 1.49b / Invested Capital 11.5b)
WACC = 8.14% (E(13.1b)/V(13.3b) * Re(8.23%) + (debt cost/tax rate unavailable))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.72 | Cagr: -0.09%
[DCF] Terminal Value 77.97% ; FCFF base≈1.29b ; Y1≈1.48b ; Y5≈2.18b
[DCF] Fair Price = 168.0 (EV 32.7b - Net Debt -863.0m = Equity 33.6b / Shares 200.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.86 | EPS CAGR: 24.51% | 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=1.20 | Chg30d=+0.42% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.24 | Chg30d=-0.80% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=5.11 | Chg30d=+0.99% | Revisions=+0% | GrowthEPS=+8.7% | GrowthRev=+2.9%
EPS next Year (2027-12-31): EPS=5.34 | Chg30d=+1.62% | Revisions=-44% | GrowthEPS=+4.7% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: -24% (up=5, down=9)