Digital Adoption And Product Diversification Will Expand European Markets

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

08 Feb 25

Updated

16 Dec 25

Views

70

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

126.7%

7D

1.4%

Loading

1Y

126.7%

7D

1.4%

You can edit this narrative until Dec 17 6:04 PM. Then, changes will post as Updates.

Author's Valuation

€350.7% undervalued

AnalystConsensusTarget Fair Value

Shared on 16 Dec 25

Fair value Increased 5.48%

FTK: Future Returns Will Depend On Sustaining Elevated Retail Trading Activity

The analyst fair value estimate for flatexDEGIRO has been raised from EUR 33.18 to EUR 35.00. This reflects analysts’ increased confidence in the company’s stronger medium-term revenue trajectory and supportive recent price target hikes from major research houses, despite only modest changes to the discount rate, margin, and valuation multiples.

Shared on 02 Dec 25

Fair value Increased 2.82%

FTK: Future Returns Will Depend On Maintaining Elevated Retail Trading Activity

The analyst price target for flatexDEGIRO has increased from €32.27 to €33.18, with analysts citing stronger-than-expected retail trading activity and a robust trading environment as key drivers for the upward revision. Analyst Commentary Recent research updates reflect a growing consensus among market observers regarding flatexDEGIRO’s improved fundamentals and prospects within the online brokerage sector.

Shared on 18 Nov 25

Fair value Increased 13%

FTK: Future Performance Will Depend On Sustained Retail Trading Activity

The analyst price target for flatexDEGIRO has been raised from €28.45 to €32.27. Analysts cite sustained high retail activity, better-than-expected trading results, and improved profit margin projections as the main drivers for this increase.

Shared on 01 May 25

Fair value Increased 37%

Shared on 23 Apr 25

Fair value Increased 3.12%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 1.82%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 1.98%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 0.099%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 13 Mar 25

Fair value Decreased 23%

AnalystConsensusTarget has decreased future PE multiple from 15.7x to 13.1x and increased shares outstanding growth rate from -0.0% to 0.0%.

AnalystConsensusTarget Fair Value

€35

0.7% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

10.46%

Capital Markets revenue growth rate

0.25%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.01%

Calculation

€245.30m

Earnings '28

x

17.52x

PE Ratio '28

=

€4.30b

Market Cap '28

€4.30b

Market Cap '28

/

103.96m

No. shares '28

=

€41.35

Share Price '28

€41.35 Share Price '28

Discounted to 2025 @ 6.04% p.a.

=

€34.68

Fair Value '25