Market Closed -
Deutsche Boerse AG
13:33:12 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
476
EUR
|
+1.75%
|
|
+1.49%
|
+13.98%
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
21,810
|
23,498
|
39,634
|
31,586
|
50,041
|
65,017
|
-
|
-
|
Enterprise Value (EV)
1 |
25,698
|
31,204
|
45,447
|
42,502
|
62,116
|
74,939
|
72,767
|
70,400
|
P/E ratio
|
14.8
x
|
19.7
x
|
23
x
|
24.4
x
|
24.3
x
|
24.2
x
|
22.3
x
|
20.2
x
|
Yield
|
1.86%
|
1.92%
|
1.2%
|
1.8%
|
1.4%
|
1.2%
|
1.3%
|
1.42%
|
Capitalization / Revenue
|
1.52
x
|
1.72
x
|
2.76
x
|
1.99
x
|
2.62
x
|
3.28
x
|
3.14
x
|
2.98
x
|
EV / Revenue
|
1.79
x
|
2.28
x
|
3.17
x
|
2.68
x
|
3.26
x
|
3.78
x
|
3.51
x
|
3.22
x
|
EV / EBITDA
|
10.1
x
|
12.1
x
|
15.5
x
|
12
x
|
14.5
x
|
15.6
x
|
14.1
x
|
12.8
x
|
EV / FCF
|
16.7
x
|
17
x
|
19.2
x
|
19.2
x
|
23.9
x
|
24.6
x
|
21.2
x
|
18.7
x
|
FCF Yield
|
5.97%
|
5.89%
|
5.2%
|
5.2%
|
4.18%
|
4.07%
|
4.71%
|
5.34%
|
Price to Book
|
3.72
x
|
3.85
x
|
4.72
x
|
3.57
x
|
4.9
x
|
5.42
x
|
4.73
x
|
4.12
x
|
Nbr of stocks (in thousands)
|
128,285
|
128,217
|
129,056
|
128,372
|
128,296
|
128,541
|
-
|
-
|
Reference price
2 |
170.0
|
183.3
|
307.1
|
246.0
|
390.0
|
505.8
|
505.8
|
505.8
|
Announcement Date
|
01/08/19
|
06/08/20
|
05/08/21
|
04/08/22
|
03/08/23
|
-
|
-
|
-
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
14,320
|
13,696
|
14,348
|
15,862
|
19,065
|
19,838
|
20,711
|
21,851
|
EBITDA
1 |
2,554
|
2,577
|
2,929
|
3,554
|
4,292
|
4,800
|
5,146
|
5,513
|
EBIT
1 |
2,118
|
2,039
|
2,333
|
2,983
|
4,012
|
4,105
|
4,419
|
4,451
|
Operating Margin
|
14.79%
|
14.89%
|
16.26%
|
18.8%
|
21.05%
|
20.69%
|
21.34%
|
20.37%
|
Earnings before Tax (EBT)
1 |
1,933
|
1,513
|
2,247
|
1,614
|
2,680
|
3,497
|
3,776
|
4,144
|
Net income
1 |
1,512
|
1,206
|
1,746
|
1,316
|
2,083
|
2,729
|
2,939
|
3,230
|
Net margin
|
10.56%
|
8.81%
|
12.17%
|
8.29%
|
10.93%
|
13.76%
|
14.19%
|
14.78%
|
EPS
2 |
11.48
|
9.290
|
13.35
|
10.09
|
16.04
|
20.88
|
22.72
|
25.05
|
Free Cash Flow
1 |
1,535
|
1,838
|
2,365
|
2,212
|
2,599
|
3,050
|
3,429
|
3,763
|
FCF margin
|
10.72%
|
13.42%
|
16.48%
|
13.94%
|
13.63%
|
15.38%
|
16.56%
|
17.22%
|
FCF Conversion (EBITDA)
|
60.1%
|
71.35%
|
80.76%
|
62.23%
|
60.56%
|
63.54%
|
66.64%
|
68.25%
|
FCF Conversion (Net income)
|
101.5%
|
152.39%
|
135.45%
|
168.11%
|
124.78%
|
111.78%
|
116.7%
|
116.51%
|
Dividend per Share
2 |
3.160
|
3.520
|
3.670
|
4.420
|
5.470
|
6.065
|
6.557
|
7.168
|
Announcement Date
|
01/08/19
|
06/08/20
|
05/08/21
|
04/08/22
|
03/08/23
|
-
|
-
|
-
|
Fiscal Period: June |
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
3,825
|
4,086
|
4,188
|
4,233
|
4,675
|
5,062
|
5,096
|
4,847
|
4,821
|
5,074
|
5,090
|
4,881
|
4,948
|
5,272
|
5,366
|
EBITDA
1 |
868.8
|
923.8
|
938.8
|
986.6
|
1,046
|
1,223
|
1,180
|
1,279
|
1,237
|
1,294
|
1,242
|
1,184
|
1,222
|
1,295
|
1,353
|
EBIT
1 |
724.7
|
781.1
|
799.4
|
813
|
816.4
|
997.7
|
1,107
|
1,038
|
1,009
|
1,065
|
1,112
|
1,122
|
1,142
|
1,183
|
1,254
|
Operating Margin
|
18.95%
|
19.11%
|
19.09%
|
19.21%
|
17.46%
|
19.71%
|
21.73%
|
21.42%
|
20.93%
|
21%
|
21.84%
|
22.98%
|
23.07%
|
22.43%
|
23.36%
|
Earnings before Tax (EBT)
1 |
490.3
|
434
|
118.2
|
503.3
|
516.7
|
756.4
|
903.2
|
820.4
|
868.2
|
920
|
894
|
874.1
|
897.3
|
976.7
|
1,040
|
Net income
1 |
387.6
|
348
|
128.8
|
387.9
|
395.2
|
590.9
|
709
|
650.8
|
681.9
|
726.6
|
676.9
|
674.3
|
695.2
|
763.6
|
797.2
|
Net margin
|
10.13%
|
8.52%
|
3.08%
|
9.16%
|
8.45%
|
11.67%
|
13.91%
|
13.43%
|
14.14%
|
14.32%
|
13.3%
|
13.81%
|
14.05%
|
14.48%
|
14.86%
|
EPS
2 |
2.970
|
2.670
|
0.9900
|
2.980
|
3.040
|
4.540
|
5.440
|
4.990
|
5.230
|
5.560
|
5.176
|
5.087
|
5.432
|
5.908
|
6.166
|
Dividend per Share
2 |
1.030
|
1.030
|
1.330
|
1.330
|
1.330
|
1.330
|
1.480
|
1.480
|
1.480
|
1.480
|
1.594
|
1.585
|
1.587
|
1.585
|
1.669
|
Announcement Date
|
03/02/22
|
05/05/22
|
04/08/22
|
03/11/22
|
02/02/23
|
04/05/23
|
03/08/23
|
02/11/23
|
01/02/24
|
02/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,888
|
7,705
|
5,813
|
10,916
|
12,076
|
9,922
|
7,750
|
5,383
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.522
x
|
2.99
x
|
1.985
x
|
3.071
x
|
2.814
x
|
2.067
x
|
1.506
x
|
0.9764
x
|
Free Cash Flow
1 |
1,535
|
1,838
|
2,365
|
2,212
|
2,599
|
3,050
|
3,429
|
3,763
|
ROE (net income / shareholders' equity)
|
25.6%
|
20%
|
23.9%
|
15.3%
|
29.2%
|
26.6%
|
24.1%
|
22.2%
|
ROA (Net income/ Total Assets)
|
9.2%
|
6.5%
|
8.68%
|
5.68%
|
10%
|
9.01%
|
10.2%
|
11.1%
|
Assets
1 |
16,448
|
18,559
|
20,114
|
23,143
|
20,813
|
30,296
|
28,915
|
29,095
|
Book Value Per Share
2 |
45.70
|
47.60
|
65.10
|
68.80
|
79.50
|
93.40
|
107.0
|
123.0
|
Cash Flow per Share
2 |
13.30
|
16.00
|
19.70
|
18.70
|
23.00
|
27.30
|
29.90
|
33.50
|
Capex
1 |
195
|
233
|
210
|
230
|
381
|
378
|
395
|
410
|
Capex / Sales
|
1.36%
|
1.7%
|
1.46%
|
1.45%
|
2%
|
1.9%
|
1.91%
|
1.88%
|
Announcement Date
|
01/08/19
|
06/08/20
|
05/08/21
|
04/08/22
|
03/08/23
|
-
|
-
|
-
|
Last Close Price
505.8
USD Average target price
600.9
USD Spread / Average Target +18.80% Consensus |