View ValuationflatexDEGIRO 향후 성장Future 기준 점검 4/6flatexDEGIRO (는) 각각 연간 16.3% 및 10% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 15.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.6% 로 예상됩니다.핵심 정보16.3%이익 성장률15.37%EPS 성장률Capital Markets 이익 성장7.2%매출 성장률10.0%향후 자기자본이익률21.64%애널리스트 커버리지Good마지막 업데이트25 Jul 2026최근 향후 성장 업데이트공고 • Jul 24flatexDEGIRO SE Reaffirms Earning Guidance for the Full Year 2026flatexDEGIRO SE reaffirmed Earning Guidance for the full year 2026. The company announced that following substantial growth and a further expansion of profit margins in the first half-year of 2026 as well as a maintained focus on cost discipline during the second half of 2026, flatexDEGIRO increases its full-year guidance for Net Income. Unchanged from previous guidance, Management expects Revenues in Fiscal Year 2026 to reach around €650 million (company compiled consensus: €659.0 million), a growth of approximately 16 percent versus 2025. Net Income in 2026 is now expected in a range of €200 to €230 million, a growth of approximately 25% to 43% versus 2025 (company-compiled consensus: €211.5 million, previous management expectation: approx. €200 million).Price Target Changed • Jan 10Price target increased by 8.3% to €35.94Up from €33.18, the current price target is an average from 9 analysts. New target price is 5.3% below last closing price of €37.94. Stock is up 150% over the past year. The company is forecast to post earnings per share of €1.42 for next year compared to €1.02 last year.공고 • Apr 28flatexDEGIRO AG Provides Earnings Guidance for the Year 2024flatexDEGIRO AG provided earnings guidance for the year 2024. Revenues and consolidated net income in 2024 expected to be at the upper end of the guidance corridor (revenue growth of 5%-15% and increase in consolidated net income of 25%-50%). flatexDEGIRO is therefore aiming for record figures in both revenue and consolidated net income in 2024 - without relying on external tailwinds in the trading or interest business.Price Target Changed • Oct 20Price target decreased to €17.08Down from €18.63, the current price target is an average from 9 analysts. New target price is 78% above last closing price of €9.60. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.47 last year.Price Target Changed • Jul 12Price target decreased to €20.03Down from €23.06, the current price target is an average from 9 analysts. New target price is 115% above last closing price of €9.31. Stock is down 65% over the past year. The company is forecast to post earnings per share of €0.82 for next year compared to €0.47 last year.Price Target Changed • Nov 11Price target decreased to €30.09Down from €33.54, the current price target is an average from 8 analysts. New target price is 67% above last closing price of €17.98. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €0.55 last year.모든 업데이트 보기Recent updates공고 • Jul 24flatexDEGIRO SE Reaffirms Earning Guidance for the Full Year 2026flatexDEGIRO SE reaffirmed Earning Guidance for the full year 2026. The company announced that following substantial growth and a further expansion of profit margins in the first half-year of 2026 as well as a maintained focus on cost discipline during the second half of 2026, flatexDEGIRO increases its full-year guidance for Net Income. Unchanged from previous guidance, Management expects Revenues in Fiscal Year 2026 to reach around €650 million (company compiled consensus: €659.0 million), a growth of approximately 16 percent versus 2025. Net Income in 2026 is now expected in a range of €200 to €230 million, a growth of approximately 25% to 43% versus 2025 (company-compiled consensus: €211.5 million, previous management expectation: approx. €200 million).Declared Dividend • May 20Dividend increased to €0.30Dividend of €0.30 is 650% higher than last year. Ex-date: 3rd June 2026 Payment date: 5th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 174% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • May 05flatexDEGIRO SE to Report First Half, 2026 Results on Jul 22, 2026flatexDEGIRO SE announced that they will report first half, 2026 results on Jul 22, 2026공고 • Apr 27flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026, at 10:00 W. Europe Standard Time.공고 • Mar 31flatexDEGIRO SE announces Annual dividend, payable on June 05, 2026flatexDEGIRO SE announced Annual dividend of EUR 0.3000 per share payable on June 05, 2026, ex-date on June 03, 2026 and record date on June 04, 2026.Price Target Changed • Jan 10Price target increased by 8.3% to €35.94Up from €33.18, the current price target is an average from 9 analysts. New target price is 5.3% below last closing price of €37.94. Stock is up 150% over the past year. The company is forecast to post earnings per share of €1.42 for next year compared to €1.02 last year.공고 • Nov 07+ 3 more updatesflatexDEGIRO AG to Report Q2, 2026 Results on Aug 14, 2026flatexDEGIRO AG announced that they will report Q2, 2026 results on Aug 14, 2026공고 • Oct 01flatexDEGIRO AG to Report Nine Months, 2025 Results on Oct 21, 2025flatexDEGIRO AG announced that they will report nine months, 2025 results on Oct 21, 2025공고 • Jun 05+ 1 more updateflatexDEGIRO AG Approves Distribution of DividendflatexDEGIRO AG announced that at its AGM held on June 2, 2025, the shareholders approved distribution of a dividend of 4 cents per dividend-bearing share. This results in a total dividend distribution of EUR 4 million.공고 • Apr 28flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025, at 10:00 W. Europe Standard Time.공고 • Apr 27flatexDEGIRO AG announces Annual dividend, payable on June 05, 2025flatexDEGIRO AG announced Annual dividend of EUR 0.0400 per share payable on June 05, 2025, ex-date on June 03, 2025 and record date on June 04, 2025.공고 • Apr 02flatexDEGIRO AG Announces Stefan Müller Takes over as Chairman of the Supervisory Board from Martin KorbmacherMartin Korbmacher has resigned as Chairman of the Supervisory Board of flatexDEGIRO AG with effect from March 27, 2025, as previously announced. Stefan Müller will take over as Chairman of the Supervisory Board until the end of the Annual General Meeting. Stefan Müller served as a member of the Management Board of today’s flatexDEGIRO AG from 2002 to 2015 and has been a member of the company’s Supervisory Board since 2017. Martin Korbmacher has been Chairman of the Supervisory Board of flatexDEGIRO AG since 2014 and has also held this position at flatexDEGIRO Bank AG since 2017. The candidates for the Supervisory Board mandates to be elected at the Annual General Meeting on June 2, 2025, will be announced in due time before the Annual General Meeting.공고 • Dec 06+ 4 more updatesflatexDEGIRO AG to Report Fiscal Year 2024 Results on Feb 25, 2025flatexDEGIRO AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Feb 25, 2025Reported Earnings • Oct 24Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €111.6m (up 10.0% from 3Q 2023). Net income: €24.9m (up 21% from 3Q 2023). Profit margin: 22% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 04First half 2024 earnings released: EPS: €0.55 (vs €0.18 in 1H 2023)First half 2024 results: EPS: €0.55 (up from €0.18 in 1H 2023). Revenue: €236.2m (up 28% from 1H 2023). Net income: €60.8m (up 203% from 1H 2023). Profit margin: 26% (up from 11% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.New Risk • Aug 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.공고 • Aug 28+ 1 more updateflatexDEGIRO AG Announces Chief Executive Officer ChangesflatexDEGIRO Bank AG announced that the Company’s Supervisory Board has appointed Oliver Behrens (60) as Chief Executive Officer (CEO) of flatexDEGIRO AG, effective from October 1, 2024, for a duration of three years. Oliver Behrens brings 40 years of experience in the European financial industry with a strong link to brokerage and an outstanding network in international finance and politics. From 2015 to June 2024, Oliver Behrens lately was CEO of Morgan Stanley Europe Holding SE, Morgan Stanley Europe SE and Morgan Stanley Bank AG, Frankfurt am Main, as well as Member of the Board of Morgan Stanley International Limited, London. Moreover, until 2014, he also served as Member of the Board of Deka-Bank for nine years, lately as Deputy CEO. From 1992 to 2005, he worked in Frankfurt and Luxembourg, among others, across various functions in the former DWS Group, DWS and Deutsche Asset Management, where he was lately Spokesman of the Management Board of Deutsche Asset Management Investment GmbH. Since June 2024, Oliver Behrens is Chairman of DWS Group GmbH & Co. KGaA’s Supervisory Board. Oliver Behrens takes over from Dr. Benon Janos (52) and Stephan Simmang (58), who, since May 1, 2024, serve as interim Co-CEOs of the Company, in addition to their existing responsibilities as CFO and CTO, respectively. The appointment of Oliver Behrens as CEO of flatexDEGIRO AG and flatexDEGIRO Bank AG is subject to customary approvals by the German Federal Financial Supervisory Authority (BaFin).Upcoming Dividend • May 29Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).공고 • May 06Gfbk Gesellschaft Für Börsenkommunikation Mbh Proposes Dismissal of Martin Korbmacher as Chairman of the Supervisory Board, Effective June 4, 2024flatexDEGIRO AG announced that the shareholder GfBk Gesellschaft für Börsenkommunikation mbH proposes the dismissal of the Chairman of the Supervisory Board of the Company, Mr. Martin Korbmacher, with effect from the end of the Annual General Meeting on June 4, 2024.공고 • Apr 28flatexDEGIRO AG Provides Earnings Guidance for the Year 2024flatexDEGIRO AG provided earnings guidance for the year 2024. Revenues and consolidated net income in 2024 expected to be at the upper end of the guidance corridor (revenue growth of 5%-15% and increase in consolidated net income of 25%-50%). flatexDEGIRO is therefore aiming for record figures in both revenue and consolidated net income in 2024 - without relying on external tailwinds in the trading or interest business.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: €0.27 (vs €0.091 in 1Q 2023)First quarter 2024 results: EPS: €0.27 (up from €0.091 in 1Q 2023). Revenue: €122.9m (up 33% from 1Q 2023). Net income: €30.0m (up 199% from 1Q 2023). Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 01Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.65 (down from €0.96 in FY 2022). Revenue: €380.3m (up 8.2% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 19% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 01Full year 2023 earnings: Revenues in line with analyst expectationsFull year 2023 results: Revenue: €390.7m (up 11% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 18% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Capital Markets industry in Germany.공고 • Feb 09flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024.공고 • Dec 22flatexDEGIRO AG Appoints Christiane Strubel to its Management Board as Chief HR Officer, Effective from January 1, 2024flatexDEGIRO AG expands its Management Board and appoints Christiane Strubel, a long-standing member of the Group’s management team, to further strengthen its employee focus and corporate governance. As Chief HR Officer (CHRO), Christiane Strubel will assume responsibility on the Management Board for data protection and authorization management in addition to her Group-wide HR responsibilities. The company has appointed Christiane Strubel to its Management Board with effect from January 1, 2024. Over the past almost eight years, Christiane Strubel has raised flatexDEGIRO’s HR function to an international standard and played a key role in shaping the Group’s personnel growth from a national provider with around 400 employees in Germany to Europe’s online broker with around 1,300 employees and international locations in Amsterdam, London, Sofia and Vienna/Graz. As a member of the Management Board, Christiane Strubel will assume Group-wide responsibility for human resources as well as data protection and authorization management. With the appointment of Christiane Strubel, the Management Board of flatexDEGIRO AG consists of four members. The other members are Frank Niehage (CEO), Dr. Benon Janos (CFO) and Stephan Simmang (CTO).공고 • Dec 21+ 3 more updatesflatexDEGIRO AG to Report First Half, 2024 Final Results on Aug 28, 2024flatexDEGIRO AG announced that they will report first half, 2024 final results on Aug 28, 2024공고 • Dec 12flatexDEGIRO AG Intends to Propose Regular Annual DividendflatexDEGIRO AG announced the management board and supervisory board intend to propose to the ordinary Annual General Meeting the payment of a regular annual dividend, which should initially amount to 4 cents per share, in accordance with the statutory minimum dividend of 4% of the share capital.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.68, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 8.5% over the past three years.Reported Earnings • Aug 24First half 2023 earnings released: EPS: €0.18 (vs €0.47 in 1H 2022)First half 2023 results: EPS: €0.18 (down from €0.47 in 1H 2022). Revenue: €184.4m (down 5.7% from 1H 2022). Net income: €20.1m (down 61% from 1H 2022). Profit margin: 11% (down from 27% in 1H 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공고 • Jul 25flatexDEGIRO AG Announces Resignation of Muhamad Chahrour as Deputy CEO and Coo, Effective December 31, 2023flatexDEGIRO AG announced Muhamad Chahrour (37), Deputy CEO and COO of the company has informed the Supervisory Board that he wishes to leave the company before the end of his term and at his own request in order to take on new endeavors. By best mutual agreement, the parties agreed that he will leave the company on December 31, 2023. The Supervisory Board deeply regrets his departure and thanks him for the highly successful time together.공고 • Jun 22flatexDEGIRO AG to Report First Half, 2023 Results on Jul 24, 2023flatexDEGIRO AG announced that they will report first half, 2023 results on Jul 24, 2023Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €0.97 (up from €0.47 in FY 2021). Revenue: €403.0m (flat on FY 2021). Net income: €106.1m (up 106% from FY 2021). Profit margin: 26% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €8.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 20% over the past three years.공고 • Jan 20flatexDEGIRO AG to Report Fiscal Year 2022 Results on Feb 27, 2023flatexDEGIRO AG announced that they will report fiscal year 2022 results on Feb 27, 2023공고 • Jan 07+ 2 more updatesflatexDEGIRO AG, Annual General Meeting, Jun 13, 2023flatexDEGIRO AG, Annual General Meeting, Jun 13, 2023.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 34% share price decline to €6.53, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 30% share price gain to €11.32, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 89% over the past three years.Price Target Changed • Oct 20Price target decreased to €17.08Down from €18.63, the current price target is an average from 9 analysts. New target price is 78% above last closing price of €9.60. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.47 last year.Price Target Changed • Jul 12Price target decreased to €20.03Down from €23.06, the current price target is an average from 9 analysts. New target price is 115% above last closing price of €9.31. Stock is down 65% over the past year. The company is forecast to post earnings per share of €0.82 for next year compared to €0.47 last year.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €10.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 150% over the past three years.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €13.62, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 176% over the past three years.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.47. Revenue: €405.7m (up 59% from FY 2020). Net income: €51.5m (up 3.3% from FY 2020). Profit margin: 13% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 21% compared to a 7.5% decline forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €17.73, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 236% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €22.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.69 per share.Price Target Changed • Nov 11Price target decreased to €30.09Down from €33.54, the current price target is an average from 8 analysts. New target price is 67% above last closing price of €17.98. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €0.55 last year.Reported Earnings • Sep 07First half 2021 earnings released: EPS €0.26 (vs €0.28 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €223.2m (up 128% from 1H 2020). Net income: €28.0m (up 25% from 1H 2020). Profit margin: 13% (down from 23% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment deteriorated over the past weekAfter last week's 75% share price decline to €22.46, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.86 per share.Price Target Changed • Aug 05Price target decreased to €138Down from €148, the current price target is an average from 7 analysts. New target price is 66% above last closing price of €83.10. Stock is up 119% over the past year.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €83.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Capital Markets industry in Germany. Total returns to shareholders of 179% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share.Price Target Changed • May 28Price target increased to €148Up from €134, the current price target is an average from 7 analysts. New target price is 41% above last closing price of €105. Stock is up 243% over the past year.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to €111, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share.Reported Earnings • Apr 17Full year 2020 earnings released: EPS €2.18 (vs €0.77 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €255.9m (up 109% from FY 2019). Net income: €49.9m (up 235% from FY 2019). Profit margin: 20% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 17Price target increased to €118Up from €107, the current price target is an average from 6 analysts. New target price is 12% above last closing price of €106. Stock is up 249% over the past year.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €93.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Capital Markets industry in Germany. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €124 per share.Is New 90 Day High Low • Feb 06New 90-day high: €90.00The company is up 79% from its price of €50.40 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to €87.90, the stock is trading at a trailing P/E ratio of 59.8x, up from the previous P/E ratio of 49.8x. This compares to an average P/E of 19x in the Capital Markets industry in Germany. Total returns to shareholders over the past three years are 212%.Is New 90 Day High Low • Jan 14New 90-day high: €67.20The company is up 53% from its price of €43.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €67.14 per share.Price Target Changed • Jan 14Price target raised to €72.00Up from €65.43, the current price target is an average from 8 analysts. The new target price is 7.1% above the current share price of €67.20. As of last close, the stock is up 150% over the past year.Price Target Changed • Jan 10Price target raised to €65.86Up from €61.29, the current price target is an average from 8 analysts. The new target price is close to the current share price of €66.40. As of last close, the stock is up 135% over the past year.Is New 90 Day High Low • Dec 31New 90-day high: €63.40The company is up 45% from its price of €43.60 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.09 per share.Price Target Changed • Dec 17Price target raised to €65.43Up from €60.43, the current price target is an average from 8 analysts. The new target price is 12% above the current share price of €58.20. As of last close, the stock is up 140% over the past year.Is New 90 Day High Low • Dec 16New 90-day high: €57.70The company is up 34% from its price of €43.10 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.41 per share.Price Target Changed • Dec 03Price target raised to €60.43Up from €56.14, the current price target is an average from 8 analysts. The new target price is 8.5% above the current share price of €55.70. As of last close, the stock is up 144% over the past year.공고 • Nov 05flatex AG to Report Q3, 2020 Results on Nov 10, 2020flatex AG announced that they will report Q3, 2020 results on Nov 10, 2020Is New 90 Day High Low • Nov 04New 90-day high: €49.15The company is up 29% from its price of €38.05 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.16 per share.Is New 90 Day High Low • Oct 08New 90-day high: €45.60The company is up 15% from its price of €39.50 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.29 per share.공고 • Jul 31FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V.FinTech Group AG (XTRA:FTK) signed an agreement to acquire DEGIRO B.V. for approximately €230 million on December 13, 2019. The consideration is on a cash and debt free basis. FinTech Group will pay €60 million in cash and remaining will be satisfied through issuance of up to 7.5 million shares. FinTech Group simultaneously completed the acquisition of 9.4% stake in DEGIRO B.V. by paying €23.6 million from its own funds. Following acquisition, flatex Chief Executive Officer Frank Niehage will join DEGIRO supervisory board. The closing of the transaction is subject to approval from competent regulatory authorities and is expected in second quarter of 2020. On July 21, 2020, De Nederlandsche Bank granted flatex AG the declaration of no-objection (DNO) on the acquisition. The formal closing process has started and will be completed by the end of July. Lazard Ltd acted as financial advisor and Angelika Bartholomäi, Sylvia Semkowicz, Frank Scheele, Thomas Wenninger, Alexander Schmidt, Georg Friedhelm Buchenhorst, Christina Grulke, Gerung von Hoff, Juliane Höhn, Jochen Blaffert, Julius Lussenburg, Kees Wegener Sleeswijk, Claire van Zwam, Ivo Verheijden, Ronald Landman, Yvette van Gemerden and Nicolien Borggreve of pwc legal acted as legal advisor to FinTech Group. ING Groep N.V. acted as financial advisor and Herman Kaemingk of Loyens & Loeff N.V. acted as legal advisor to DEGIRO. FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V. on July 30, 2020. The remaining stake was acquired on a debt-and-cash-free basis for €36 million. As of August 1, 2020, DEGIRO will be consolidated into the flatex group.공고 • Jun 22flatex AG to Report First Half, 2020 Results on Sep 30, 2020flatex AG announced that they will report first half, 2020 results on Sep 30, 2020이익 및 매출 성장 예측DB:FTK - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028805297233N/A712/31/2027715246214N/A912/31/2026669220241N/A86/30/2026619194N/AN/AN/A3/31/2026585172N/AN/AN/A12/31/20255581601,1431,183N/A9/30/2025527146N/AN/AN/A6/30/20255061321,3631,401N/A3/31/2025505123N/AN/AN/A12/31/2024477112642683N/A9/30/2024443117N/AN/AN/A6/30/2024432113173213N/A3/31/202440692333372N/A12/31/202338072492530N/A9/30/202336968N/AN/AN/A6/30/202334074666710N/A3/31/202334690646689N/A12/31/2022352106625668N/A9/30/202236591561598N/A6/30/202237975496529N/A3/31/202239263433460N/A12/31/202140652370391N/A9/30/202139354453472N/A6/30/202138056536554N/A3/31/202131853718735N/A12/31/202025650900917N/A9/30/202020739624637N/A6/30/202015729348356N/A3/31/202014022N/A100N/A12/31/201912215N/A-157N/A9/30/201912116N/A-98N/A6/30/201912017N/A-38N/A3/31/201911717N/A106N/A12/31/201811317N/A250N/A9/30/201811218N/A227N/A6/30/201811119N/A204N/A3/31/201810718N/A102N/A12/31/201710217N/A0N/A9/30/20179417N/A24N/A6/30/20178616N/A48N/A3/31/20178616N/A-48N/A12/31/20168616N/A-144N/A9/30/20168313N/A-317N/A6/30/2016799N/A-490N/A3/31/20167212N/A-274N/A12/31/20156614N/A-59N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FTK 의 연간 예상 수익 증가율(16.3%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: FTK 의 연간 수익(16.3%)이 German 시장(15.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: FTK 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: FTK 의 수익(연간 10%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: FTK 의 수익(연간 10%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: FTK의 자본 수익률은 3년 후 21.6%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/26 21:24종가2026/07/24 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스flatexDEGIRO SE는 21명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Grace DarganBarclaysChristoph GreulichBerenbergChristoph BlieffertBNP Paribas18명의 분석가 더 보기
공고 • Jul 24flatexDEGIRO SE Reaffirms Earning Guidance for the Full Year 2026flatexDEGIRO SE reaffirmed Earning Guidance for the full year 2026. The company announced that following substantial growth and a further expansion of profit margins in the first half-year of 2026 as well as a maintained focus on cost discipline during the second half of 2026, flatexDEGIRO increases its full-year guidance for Net Income. Unchanged from previous guidance, Management expects Revenues in Fiscal Year 2026 to reach around €650 million (company compiled consensus: €659.0 million), a growth of approximately 16 percent versus 2025. Net Income in 2026 is now expected in a range of €200 to €230 million, a growth of approximately 25% to 43% versus 2025 (company-compiled consensus: €211.5 million, previous management expectation: approx. €200 million).
Price Target Changed • Jan 10Price target increased by 8.3% to €35.94Up from €33.18, the current price target is an average from 9 analysts. New target price is 5.3% below last closing price of €37.94. Stock is up 150% over the past year. The company is forecast to post earnings per share of €1.42 for next year compared to €1.02 last year.
공고 • Apr 28flatexDEGIRO AG Provides Earnings Guidance for the Year 2024flatexDEGIRO AG provided earnings guidance for the year 2024. Revenues and consolidated net income in 2024 expected to be at the upper end of the guidance corridor (revenue growth of 5%-15% and increase in consolidated net income of 25%-50%). flatexDEGIRO is therefore aiming for record figures in both revenue and consolidated net income in 2024 - without relying on external tailwinds in the trading or interest business.
Price Target Changed • Oct 20Price target decreased to €17.08Down from €18.63, the current price target is an average from 9 analysts. New target price is 78% above last closing price of €9.60. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.47 last year.
Price Target Changed • Jul 12Price target decreased to €20.03Down from €23.06, the current price target is an average from 9 analysts. New target price is 115% above last closing price of €9.31. Stock is down 65% over the past year. The company is forecast to post earnings per share of €0.82 for next year compared to €0.47 last year.
Price Target Changed • Nov 11Price target decreased to €30.09Down from €33.54, the current price target is an average from 8 analysts. New target price is 67% above last closing price of €17.98. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €0.55 last year.
공고 • Jul 24flatexDEGIRO SE Reaffirms Earning Guidance for the Full Year 2026flatexDEGIRO SE reaffirmed Earning Guidance for the full year 2026. The company announced that following substantial growth and a further expansion of profit margins in the first half-year of 2026 as well as a maintained focus on cost discipline during the second half of 2026, flatexDEGIRO increases its full-year guidance for Net Income. Unchanged from previous guidance, Management expects Revenues in Fiscal Year 2026 to reach around €650 million (company compiled consensus: €659.0 million), a growth of approximately 16 percent versus 2025. Net Income in 2026 is now expected in a range of €200 to €230 million, a growth of approximately 25% to 43% versus 2025 (company-compiled consensus: €211.5 million, previous management expectation: approx. €200 million).
Declared Dividend • May 20Dividend increased to €0.30Dividend of €0.30 is 650% higher than last year. Ex-date: 3rd June 2026 Payment date: 5th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 174% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • May 05flatexDEGIRO SE to Report First Half, 2026 Results on Jul 22, 2026flatexDEGIRO SE announced that they will report first half, 2026 results on Jul 22, 2026
공고 • Apr 27flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026, at 10:00 W. Europe Standard Time.
공고 • Mar 31flatexDEGIRO SE announces Annual dividend, payable on June 05, 2026flatexDEGIRO SE announced Annual dividend of EUR 0.3000 per share payable on June 05, 2026, ex-date on June 03, 2026 and record date on June 04, 2026.
Price Target Changed • Jan 10Price target increased by 8.3% to €35.94Up from €33.18, the current price target is an average from 9 analysts. New target price is 5.3% below last closing price of €37.94. Stock is up 150% over the past year. The company is forecast to post earnings per share of €1.42 for next year compared to €1.02 last year.
공고 • Nov 07+ 3 more updatesflatexDEGIRO AG to Report Q2, 2026 Results on Aug 14, 2026flatexDEGIRO AG announced that they will report Q2, 2026 results on Aug 14, 2026
공고 • Oct 01flatexDEGIRO AG to Report Nine Months, 2025 Results on Oct 21, 2025flatexDEGIRO AG announced that they will report nine months, 2025 results on Oct 21, 2025
공고 • Jun 05+ 1 more updateflatexDEGIRO AG Approves Distribution of DividendflatexDEGIRO AG announced that at its AGM held on June 2, 2025, the shareholders approved distribution of a dividend of 4 cents per dividend-bearing share. This results in a total dividend distribution of EUR 4 million.
공고 • Apr 28flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025, at 10:00 W. Europe Standard Time.
공고 • Apr 27flatexDEGIRO AG announces Annual dividend, payable on June 05, 2025flatexDEGIRO AG announced Annual dividend of EUR 0.0400 per share payable on June 05, 2025, ex-date on June 03, 2025 and record date on June 04, 2025.
공고 • Apr 02flatexDEGIRO AG Announces Stefan Müller Takes over as Chairman of the Supervisory Board from Martin KorbmacherMartin Korbmacher has resigned as Chairman of the Supervisory Board of flatexDEGIRO AG with effect from March 27, 2025, as previously announced. Stefan Müller will take over as Chairman of the Supervisory Board until the end of the Annual General Meeting. Stefan Müller served as a member of the Management Board of today’s flatexDEGIRO AG from 2002 to 2015 and has been a member of the company’s Supervisory Board since 2017. Martin Korbmacher has been Chairman of the Supervisory Board of flatexDEGIRO AG since 2014 and has also held this position at flatexDEGIRO Bank AG since 2017. The candidates for the Supervisory Board mandates to be elected at the Annual General Meeting on June 2, 2025, will be announced in due time before the Annual General Meeting.
공고 • Dec 06+ 4 more updatesflatexDEGIRO AG to Report Fiscal Year 2024 Results on Feb 25, 2025flatexDEGIRO AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Feb 25, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €111.6m (up 10.0% from 3Q 2023). Net income: €24.9m (up 21% from 3Q 2023). Profit margin: 22% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 04First half 2024 earnings released: EPS: €0.55 (vs €0.18 in 1H 2023)First half 2024 results: EPS: €0.55 (up from €0.18 in 1H 2023). Revenue: €236.2m (up 28% from 1H 2023). Net income: €60.8m (up 203% from 1H 2023). Profit margin: 26% (up from 11% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
New Risk • Aug 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
공고 • Aug 28+ 1 more updateflatexDEGIRO AG Announces Chief Executive Officer ChangesflatexDEGIRO Bank AG announced that the Company’s Supervisory Board has appointed Oliver Behrens (60) as Chief Executive Officer (CEO) of flatexDEGIRO AG, effective from October 1, 2024, for a duration of three years. Oliver Behrens brings 40 years of experience in the European financial industry with a strong link to brokerage and an outstanding network in international finance and politics. From 2015 to June 2024, Oliver Behrens lately was CEO of Morgan Stanley Europe Holding SE, Morgan Stanley Europe SE and Morgan Stanley Bank AG, Frankfurt am Main, as well as Member of the Board of Morgan Stanley International Limited, London. Moreover, until 2014, he also served as Member of the Board of Deka-Bank for nine years, lately as Deputy CEO. From 1992 to 2005, he worked in Frankfurt and Luxembourg, among others, across various functions in the former DWS Group, DWS and Deutsche Asset Management, where he was lately Spokesman of the Management Board of Deutsche Asset Management Investment GmbH. Since June 2024, Oliver Behrens is Chairman of DWS Group GmbH & Co. KGaA’s Supervisory Board. Oliver Behrens takes over from Dr. Benon Janos (52) and Stephan Simmang (58), who, since May 1, 2024, serve as interim Co-CEOs of the Company, in addition to their existing responsibilities as CFO and CTO, respectively. The appointment of Oliver Behrens as CEO of flatexDEGIRO AG and flatexDEGIRO Bank AG is subject to customary approvals by the German Federal Financial Supervisory Authority (BaFin).
Upcoming Dividend • May 29Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).
공고 • May 06Gfbk Gesellschaft Für Börsenkommunikation Mbh Proposes Dismissal of Martin Korbmacher as Chairman of the Supervisory Board, Effective June 4, 2024flatexDEGIRO AG announced that the shareholder GfBk Gesellschaft für Börsenkommunikation mbH proposes the dismissal of the Chairman of the Supervisory Board of the Company, Mr. Martin Korbmacher, with effect from the end of the Annual General Meeting on June 4, 2024.
공고 • Apr 28flatexDEGIRO AG Provides Earnings Guidance for the Year 2024flatexDEGIRO AG provided earnings guidance for the year 2024. Revenues and consolidated net income in 2024 expected to be at the upper end of the guidance corridor (revenue growth of 5%-15% and increase in consolidated net income of 25%-50%). flatexDEGIRO is therefore aiming for record figures in both revenue and consolidated net income in 2024 - without relying on external tailwinds in the trading or interest business.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: €0.27 (vs €0.091 in 1Q 2023)First quarter 2024 results: EPS: €0.27 (up from €0.091 in 1Q 2023). Revenue: €122.9m (up 33% from 1Q 2023). Net income: €30.0m (up 199% from 1Q 2023). Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 01Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.65 (down from €0.96 in FY 2022). Revenue: €380.3m (up 8.2% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 19% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 01Full year 2023 earnings: Revenues in line with analyst expectationsFull year 2023 results: Revenue: €390.7m (up 11% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 18% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Capital Markets industry in Germany.
공고 • Feb 09flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024.
공고 • Dec 22flatexDEGIRO AG Appoints Christiane Strubel to its Management Board as Chief HR Officer, Effective from January 1, 2024flatexDEGIRO AG expands its Management Board and appoints Christiane Strubel, a long-standing member of the Group’s management team, to further strengthen its employee focus and corporate governance. As Chief HR Officer (CHRO), Christiane Strubel will assume responsibility on the Management Board for data protection and authorization management in addition to her Group-wide HR responsibilities. The company has appointed Christiane Strubel to its Management Board with effect from January 1, 2024. Over the past almost eight years, Christiane Strubel has raised flatexDEGIRO’s HR function to an international standard and played a key role in shaping the Group’s personnel growth from a national provider with around 400 employees in Germany to Europe’s online broker with around 1,300 employees and international locations in Amsterdam, London, Sofia and Vienna/Graz. As a member of the Management Board, Christiane Strubel will assume Group-wide responsibility for human resources as well as data protection and authorization management. With the appointment of Christiane Strubel, the Management Board of flatexDEGIRO AG consists of four members. The other members are Frank Niehage (CEO), Dr. Benon Janos (CFO) and Stephan Simmang (CTO).
공고 • Dec 21+ 3 more updatesflatexDEGIRO AG to Report First Half, 2024 Final Results on Aug 28, 2024flatexDEGIRO AG announced that they will report first half, 2024 final results on Aug 28, 2024
공고 • Dec 12flatexDEGIRO AG Intends to Propose Regular Annual DividendflatexDEGIRO AG announced the management board and supervisory board intend to propose to the ordinary Annual General Meeting the payment of a regular annual dividend, which should initially amount to 4 cents per share, in accordance with the statutory minimum dividend of 4% of the share capital.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.68, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 8.5% over the past three years.
Reported Earnings • Aug 24First half 2023 earnings released: EPS: €0.18 (vs €0.47 in 1H 2022)First half 2023 results: EPS: €0.18 (down from €0.47 in 1H 2022). Revenue: €184.4m (down 5.7% from 1H 2022). Net income: €20.1m (down 61% from 1H 2022). Profit margin: 11% (down from 27% in 1H 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공고 • Jul 25flatexDEGIRO AG Announces Resignation of Muhamad Chahrour as Deputy CEO and Coo, Effective December 31, 2023flatexDEGIRO AG announced Muhamad Chahrour (37), Deputy CEO and COO of the company has informed the Supervisory Board that he wishes to leave the company before the end of his term and at his own request in order to take on new endeavors. By best mutual agreement, the parties agreed that he will leave the company on December 31, 2023. The Supervisory Board deeply regrets his departure and thanks him for the highly successful time together.
공고 • Jun 22flatexDEGIRO AG to Report First Half, 2023 Results on Jul 24, 2023flatexDEGIRO AG announced that they will report first half, 2023 results on Jul 24, 2023
Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €0.97 (up from €0.47 in FY 2021). Revenue: €403.0m (flat on FY 2021). Net income: €106.1m (up 106% from FY 2021). Profit margin: 26% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €8.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 20% over the past three years.
공고 • Jan 20flatexDEGIRO AG to Report Fiscal Year 2022 Results on Feb 27, 2023flatexDEGIRO AG announced that they will report fiscal year 2022 results on Feb 27, 2023
공고 • Jan 07+ 2 more updatesflatexDEGIRO AG, Annual General Meeting, Jun 13, 2023flatexDEGIRO AG, Annual General Meeting, Jun 13, 2023.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 34% share price decline to €6.53, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 30% share price gain to €11.32, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 89% over the past three years.
Price Target Changed • Oct 20Price target decreased to €17.08Down from €18.63, the current price target is an average from 9 analysts. New target price is 78% above last closing price of €9.60. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.47 last year.
Price Target Changed • Jul 12Price target decreased to €20.03Down from €23.06, the current price target is an average from 9 analysts. New target price is 115% above last closing price of €9.31. Stock is down 65% over the past year. The company is forecast to post earnings per share of €0.82 for next year compared to €0.47 last year.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €10.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 150% over the past three years.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €13.62, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 176% over the past three years.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.47. Revenue: €405.7m (up 59% from FY 2020). Net income: €51.5m (up 3.3% from FY 2020). Profit margin: 13% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 21% compared to a 7.5% decline forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €17.73, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 236% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €22.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.69 per share.
Price Target Changed • Nov 11Price target decreased to €30.09Down from €33.54, the current price target is an average from 8 analysts. New target price is 67% above last closing price of €17.98. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €0.55 last year.
Reported Earnings • Sep 07First half 2021 earnings released: EPS €0.26 (vs €0.28 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €223.2m (up 128% from 1H 2020). Net income: €28.0m (up 25% from 1H 2020). Profit margin: 13% (down from 23% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment deteriorated over the past weekAfter last week's 75% share price decline to €22.46, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.86 per share.
Price Target Changed • Aug 05Price target decreased to €138Down from €148, the current price target is an average from 7 analysts. New target price is 66% above last closing price of €83.10. Stock is up 119% over the past year.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €83.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Capital Markets industry in Germany. Total returns to shareholders of 179% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share.
Price Target Changed • May 28Price target increased to €148Up from €134, the current price target is an average from 7 analysts. New target price is 41% above last closing price of €105. Stock is up 243% over the past year.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to €111, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share.
Reported Earnings • Apr 17Full year 2020 earnings released: EPS €2.18 (vs €0.77 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €255.9m (up 109% from FY 2019). Net income: €49.9m (up 235% from FY 2019). Profit margin: 20% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 17Price target increased to €118Up from €107, the current price target is an average from 6 analysts. New target price is 12% above last closing price of €106. Stock is up 249% over the past year.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €93.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Capital Markets industry in Germany. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €124 per share.
Is New 90 Day High Low • Feb 06New 90-day high: €90.00The company is up 79% from its price of €50.40 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to €87.90, the stock is trading at a trailing P/E ratio of 59.8x, up from the previous P/E ratio of 49.8x. This compares to an average P/E of 19x in the Capital Markets industry in Germany. Total returns to shareholders over the past three years are 212%.
Is New 90 Day High Low • Jan 14New 90-day high: €67.20The company is up 53% from its price of €43.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €67.14 per share.
Price Target Changed • Jan 14Price target raised to €72.00Up from €65.43, the current price target is an average from 8 analysts. The new target price is 7.1% above the current share price of €67.20. As of last close, the stock is up 150% over the past year.
Price Target Changed • Jan 10Price target raised to €65.86Up from €61.29, the current price target is an average from 8 analysts. The new target price is close to the current share price of €66.40. As of last close, the stock is up 135% over the past year.
Is New 90 Day High Low • Dec 31New 90-day high: €63.40The company is up 45% from its price of €43.60 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.09 per share.
Price Target Changed • Dec 17Price target raised to €65.43Up from €60.43, the current price target is an average from 8 analysts. The new target price is 12% above the current share price of €58.20. As of last close, the stock is up 140% over the past year.
Is New 90 Day High Low • Dec 16New 90-day high: €57.70The company is up 34% from its price of €43.10 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.41 per share.
Price Target Changed • Dec 03Price target raised to €60.43Up from €56.14, the current price target is an average from 8 analysts. The new target price is 8.5% above the current share price of €55.70. As of last close, the stock is up 144% over the past year.
공고 • Nov 05flatex AG to Report Q3, 2020 Results on Nov 10, 2020flatex AG announced that they will report Q3, 2020 results on Nov 10, 2020
Is New 90 Day High Low • Nov 04New 90-day high: €49.15The company is up 29% from its price of €38.05 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.16 per share.
Is New 90 Day High Low • Oct 08New 90-day high: €45.60The company is up 15% from its price of €39.50 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.29 per share.
공고 • Jul 31FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V.FinTech Group AG (XTRA:FTK) signed an agreement to acquire DEGIRO B.V. for approximately €230 million on December 13, 2019. The consideration is on a cash and debt free basis. FinTech Group will pay €60 million in cash and remaining will be satisfied through issuance of up to 7.5 million shares. FinTech Group simultaneously completed the acquisition of 9.4% stake in DEGIRO B.V. by paying €23.6 million from its own funds. Following acquisition, flatex Chief Executive Officer Frank Niehage will join DEGIRO supervisory board. The closing of the transaction is subject to approval from competent regulatory authorities and is expected in second quarter of 2020. On July 21, 2020, De Nederlandsche Bank granted flatex AG the declaration of no-objection (DNO) on the acquisition. The formal closing process has started and will be completed by the end of July. Lazard Ltd acted as financial advisor and Angelika Bartholomäi, Sylvia Semkowicz, Frank Scheele, Thomas Wenninger, Alexander Schmidt, Georg Friedhelm Buchenhorst, Christina Grulke, Gerung von Hoff, Juliane Höhn, Jochen Blaffert, Julius Lussenburg, Kees Wegener Sleeswijk, Claire van Zwam, Ivo Verheijden, Ronald Landman, Yvette van Gemerden and Nicolien Borggreve of pwc legal acted as legal advisor to FinTech Group. ING Groep N.V. acted as financial advisor and Herman Kaemingk of Loyens & Loeff N.V. acted as legal advisor to DEGIRO. FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V. on July 30, 2020. The remaining stake was acquired on a debt-and-cash-free basis for €36 million. As of August 1, 2020, DEGIRO will be consolidated into the flatex group.
공고 • Jun 22flatex AG to Report First Half, 2020 Results on Sep 30, 2020flatex AG announced that they will report first half, 2020 results on Sep 30, 2020