Market Closed -
Deutsche Boerse AG
17:03:09 15/05/2024 BST
|
5-day change
|
1st Jan Change
|
47.2
EUR
|
+2.16%
|
|
+0.85%
|
-23.87%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
531,851
|
827,109
|
1,075,448
|
754,633
|
620,164
|
588,006
|
-
|
-
|
Enterprise Value (EV)
1 |
497,036
|
767,024
|
986,083
|
663,665
|
515,856
|
481,825
|
473,993
|
465,374
|
P/E ratio
|
101
x
|
108
x
|
120
x
|
31.2
x
|
46
x
|
35.6
x
|
28.4
x
|
23.2
x
|
Yield
|
0.5%
|
0.46%
|
0.42%
|
1.61%
|
1.09%
|
1.36%
|
1.68%
|
2.04%
|
Capitalization / Revenue
|
16.6
x
|
25
x
|
25.8
x
|
15
x
|
9.83
x
|
7.84
x
|
6.61
x
|
5.55
x
|
EV / Revenue
|
15.5
x
|
23.2
x
|
23.7
x
|
13.2
x
|
8.17
x
|
6.43
x
|
5.33
x
|
4.39
x
|
EV / EBITDA
|
52.8
x
|
64.4
x
|
66.3
x
|
36.1
x
|
22.7
x
|
16.7
x
|
13.9
x
|
11.3
x
|
EV / FCF
|
-2,471
x
|
17.3
x
|
-115
x
|
127
x
|
21.6
x
|
29.1
x
|
24.4
x
|
19.3
x
|
FCF Yield
|
-0.04%
|
5.76%
|
-0.87%
|
0.79%
|
4.63%
|
3.44%
|
4.09%
|
5.18%
|
Price to Book
|
20.1
x
|
26.1
x
|
19.3
x
|
8.66
x
|
6.72
x
|
5.77
x
|
5.08
x
|
4.4
x
|
Nbr of stocks (in thousands)
|
73,562
|
73,586
|
75,843
|
75,843
|
75,842
|
75,842
|
-
|
-
|
Reference price
2 |
7,230
|
11,240
|
14,180
|
9,950
|
8,177
|
7,753
|
7,753
|
7,753
|
Announcement Date
|
12/11/19
|
11/11/20
|
11/11/21
|
14/11/22
|
13/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
32,121
|
33,046
|
41,667
|
50,298
|
63,119
|
74,959
|
88,916
|
105,963
|
EBITDA
1 |
9,415
|
11,909
|
14,884
|
18,397
|
22,725
|
28,818
|
34,181
|
41,036
|
EBIT
1 |
8,301
|
10,388
|
12,987
|
16,249
|
20,312
|
25,256
|
31,348
|
38,192
|
Operating Margin
|
25.84%
|
31.43%
|
31.17%
|
32.31%
|
32.18%
|
33.69%
|
35.26%
|
36.04%
|
Earnings before Tax (EBT)
1 |
8,039
|
10,989
|
13,285
|
34,756
|
20,636
|
24,933
|
31,233
|
38,052
|
Net income
1 |
5,267
|
7,624
|
8,818
|
24,152
|
13,475
|
16,257
|
20,492
|
25,018
|
Net margin
|
16.4%
|
23.07%
|
21.16%
|
48.02%
|
21.35%
|
21.69%
|
23.05%
|
23.61%
|
EPS
2 |
71.61
|
103.6
|
118.0
|
318.4
|
177.7
|
217.9
|
272.8
|
333.5
|
Free Cash Flow
1 |
-201.2
|
44,217
|
-8,574
|
5,212
|
23,891
|
16,566
|
19,386
|
24,086
|
FCF margin
|
-0.63%
|
133.8%
|
-20.58%
|
10.36%
|
37.85%
|
22.1%
|
21.8%
|
22.73%
|
FCF Conversion (EBITDA)
|
-
|
371.3%
|
-
|
28.33%
|
105.13%
|
57.48%
|
56.72%
|
58.69%
|
FCF Conversion (Net income)
|
-
|
579.97%
|
-
|
21.58%
|
177.3%
|
101.9%
|
94.6%
|
96.27%
|
Dividend per Share
2 |
36.00
|
52.00
|
59.00
|
160.0
|
89.00
|
105.5
|
130.6
|
157.9
|
Announcement Date
|
12/11/19
|
11/11/20
|
11/11/21
|
14/11/22
|
13/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
16,106
|
18,386
|
14,660
|
19,888
|
11,132
|
11,857
|
12,202
|
24,059
|
12,897
|
13,342
|
26,239
|
14,813
|
15,641
|
30,454
|
16,546
|
16,119
|
17,785
|
18,314
|
36,099
|
19,308
|
19,650
|
20,897
|
20,906
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,043
|
4,704
|
5,684
|
6,593
|
2,765
|
4,116
|
4,160
|
8,276
|
4,512
|
3,461
|
7,973
|
5,090
|
5,260
|
10,350
|
5,672
|
4,290
|
5,830
|
6,822
|
12,652
|
6,718
|
6,056
|
7,559
|
8,031
|
Operating Margin
|
25.1%
|
25.58%
|
38.77%
|
33.15%
|
24.84%
|
34.71%
|
34.09%
|
34.4%
|
34.98%
|
25.94%
|
30.39%
|
34.36%
|
33.63%
|
33.99%
|
34.28%
|
26.61%
|
32.78%
|
37.25%
|
35.05%
|
34.79%
|
30.82%
|
36.17%
|
38.42%
|
Earnings before Tax (EBT)
1 |
-
|
5,247
|
5,742
|
6,638
|
2,759
|
4,299
|
4,392
|
8,691
|
21,809
|
4,256
|
-
|
4,687
|
5,169
|
9,856
|
6,098
|
4,682
|
5,919
|
7,199
|
13,118
|
6,942
|
5,832
|
-
|
-
|
Net income
|
-
|
3,408
|
4,216
|
4,169
|
1,881
|
2,517
|
3,001
|
5,518
|
15,611
|
3,023
|
-
|
2,447
|
3,682
|
6,129
|
4,386
|
2,960
|
3,447
|
-
|
8,328
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
18.54%
|
28.76%
|
20.96%
|
16.9%
|
21.23%
|
24.59%
|
22.94%
|
121.04%
|
22.66%
|
-
|
16.52%
|
23.54%
|
20.13%
|
26.51%
|
18.36%
|
19.38%
|
-
|
23.07%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
46.33
|
-
|
56.37
|
24.71
|
33.19
|
39.58
|
72.77
|
205.8
|
39.85
|
-
|
32.27
|
48.54
|
80.81
|
57.84
|
39.03
|
45.46
|
64.35
|
109.8
|
63.60
|
54.69
|
61.08
|
68.21
|
Dividend per Share
|
-
|
-
|
-
|
-
|
59.00
|
-
|
-
|
-
|
-
|
160.0
|
-
|
-
|
-
|
-
|
-
|
89.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
12/11/19
|
12/05/20
|
11/11/20
|
12/05/21
|
11/11/21
|
10/02/22
|
12/05/22
|
12/05/22
|
08/08/22
|
14/11/22
|
14/11/22
|
13/02/23
|
11/05/23
|
11/05/23
|
09/08/23
|
13/11/23
|
13/02/24
|
10/05/24
|
10/05/24
|
-
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
34,815
|
60,085
|
89,365
|
90,968
|
104,308
|
106,181
|
114,014
|
122,633
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-201
|
44,217
|
-8,574
|
5,212
|
23,891
|
16,566
|
19,386
|
24,086
|
ROE (net income / shareholders' equity)
|
20.5%
|
26.2%
|
20.1%
|
33.8%
|
15%
|
17.2%
|
19.1%
|
20.5%
|
ROA (Net income/ Total Assets)
|
6.26%
|
6.62%
|
6.52%
|
14.2%
|
7.3%
|
5.35%
|
6.48%
|
7.05%
|
Assets
1 |
84,141
|
115,172
|
135,233
|
169,855
|
184,714
|
303,739
|
316,464
|
354,769
|
Book Value Per Share
2 |
360.0
|
431.0
|
736.0
|
1,149
|
1,217
|
1,343
|
1,527
|
1,761
|
Cash Flow per Share
2 |
86.70
|
124.0
|
143.0
|
347.0
|
209.0
|
43.20
|
145.0
|
175.0
|
Capex
1 |
1,513
|
4,971
|
1,923
|
2,971
|
4,628
|
4,984
|
5,178
|
5,682
|
Capex / Sales
|
4.71%
|
15.04%
|
4.61%
|
5.91%
|
7.33%
|
6.65%
|
5.82%
|
5.36%
|
Announcement Date
|
12/11/19
|
11/11/20
|
11/11/21
|
14/11/22
|
13/11/23
|
-
|
-
|
-
|
Last Close Price
7,753
JPY Average target price
11,193
JPY Spread / Average Target +44.37% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.05% | 67.55B | | -7.54% | 43.93B | | -14.31% | 28.13B | | -1.26% | 19.91B | | -11.73% | 12.88B | | -9.44% | 10.16B | | -14.18% | 9.06B | | +4.68% | 8.51B | | +13.42% | 5.27B |
Transaction & Payment Services
|