Deutsche Beteiligungs AG is a private equity firm specializing in direct and fund of fund investments.
Share Price & News
How has Deutsche Beteiligungs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DBAN has not had significant price volatility in the past 3 months.
7 Day Return
AT Capital Markets
1 Year Return
AT Capital Markets
Return vs Industry: DBAN underperformed the Austrian Capital Markets industry which returned 20.8% over the past year.
Return vs Market: DBAN exceeded the Austrian Market which returned 3.6% over the past year.
Price Volatility Vs. Market
How volatile is Deutsche Beteiligungs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Deutsche Beteiligungs undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DBAN (€40.95) is trading below our estimate of fair value (€75.62)
Significantly Below Fair Value: DBAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DBAN is good value based on its PE Ratio (9.8x) compared to the Capital Markets industry average (22x).
PE vs Market: DBAN is good value based on its PE Ratio (9.8x) compared to the Austrian market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: DBAN is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: DBAN is overvalued based on its PB Ratio (1.7x) compared to the XE Capital Markets industry average (1.4x).
How is Deutsche Beteiligungs forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DBAN's forecast earnings growth (1.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: DBAN's earnings (1.5% per year) are forecast to grow slower than the Austrian market (9.9% per year).
High Growth Earnings: DBAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: DBAN's revenue (3.7% per year) is forecast to grow faster than the Austrian market (2.6% per year).
High Growth Revenue: DBAN's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DBAN's Return on Equity is forecast to be low in 3 years time (9%).
How has Deutsche Beteiligungs performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DBAN has high quality earnings.
Growing Profit Margin: DBAN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DBAN's earnings have declined by -4.3% per year over the past 5 years.
Accelerating Growth: DBAN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DBAN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (5.3%).
Return on Equity
High ROE: DBAN's Return on Equity (14.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Deutsche Beteiligungs's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: DBAN has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if DBAN's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: DBAN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if DBAN has a sufficient allowance for bad loans.
Low Risk Liabilities: DBAN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if DBAN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: DBAN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if DBAN has an appropriate level of bad loans.
What is Deutsche Beteiligungs's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DBAN's dividend (3.65%) is higher than the bottom 25% of dividend payers in the Austrian market (1.58%).
High Dividend: DBAN's dividend (3.65%) is low compared to the top 25% of dividend payers in the Austrian market (4.49%).
Stability and Growth of Payments
Stable Dividend: DBAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: DBAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.7%), DBAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DBAN's dividends in 3 years are forecast to be covered by earnings (52.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Torsten Grede (55yo)
Mr. Torsten Grede has been Spokesman of the Board of Management at Deutsche Beteiligungs AG since March 26, 2013 and its Member of the Board of Management since January 2001. Mr. Grede is involved in strat ...
CEO Compensation Analysis
Compensation vs Market: Torsten's total compensation ($USD1.43M) is about average for companies of similar size in the Austrian market ($USD1.17M).
Compensation vs Earnings: Torsten's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||6.9yrs||€1.32m||no data|
|CFO & Member of the Management Board||6.9yrs||€1.04m||no data|
|Member of the Management Board||16.1yrs||€1.32m||no data|
|Senior VP and Head of Finance & Accounting||1.1yrs||no data||no data|
|Senior VP & Head of Public Relations & Investor Relations||0yrs||no data||no data|
|Senior VP & General Counsel||0yrs||no data||no data|
|Senior VP & Head of Business Development||0yrs||no data||no data|
|Senior VP||2.1yrs||no data||no data|
|Managing Director||19.1yrs||no data||no data|
|Managing Director||10.1yrs||no data||no data|
Experienced Management: DBAN's management team is seasoned and experienced (6.9 years average tenure).
|Independent Supervisory Board Member||6.9yrs||€50.00k||no data|
|Independent Chairman of the Supervisory Board||1.3yrs||€99.00k||no data|
|Independent Supervisory Board Member||1yrs||€30.00k||no data|
|Independent Supervisory Board Member||9.9yrs||€63.00k||no data|
|Independent Deputy Chairman of Supervisory Board||1.3yrs||€74.00k||no data|
|Independent Supervisory Board Member||4yrs||€50.00k||no data|
Experienced Board: DBAN's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.2%.
Deutsche Beteiligungs AG's company bio, employee growth, exchange listings and data sources
- Name: Deutsche Beteiligungs AG
- Ticker: DBAN
- Exchange: WBAG
- Founded: 1965
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: €618.308m
- Shares outstanding: 15.04m
- Website: https://www.deutsche-beteiligung.com
Number of Employees
- Deutsche Beteiligungs AG
- Boersenstrasse 1
- Frankfurt am Main
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DBAN||DB (Deutsche Boerse AG)||Yes||Registered Common Shares||DE||EUR||Jan 1992|
|DBAND||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Common Shares||GB||EUR||Jan 1992|
|DBAN||XTRA (XETRA Trading Platform)||Yes||Registered Common Shares||DE||EUR||Jan 1992|
|0QF7||LSE (London Stock Exchange)||Yes||Registered Common Shares||GB||EUR||Jan 1992|
|DBAN||SWX (SIX Swiss Exchange)||Yes||Registered Common Shares||CH||CHF||Jan 1992|
|DBAN||WBAG (Wiener Boerse AG)||Yes||Registered Common Shares||AT||EUR||Jan 1992|
|DBAN||ETLX (Eurotlx)||Yes||Registered Common Shares||IT||EUR||Jan 1992|
Deutsche Beteiligungs AG is a private equity firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, middle market, growth capital, add-on acquisitions, bridge financing, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, and pre-IPO stage investments. Within fund of fund investments the firm invests in private equity funds. It does not invest in start-up and early stage companies. The firm prefers to invest in automotive suppliers, industrial, mechanical and plant engineering, businesses develop, building supplier, measurement and automation technology, specialty chemical, support service providers, printing, media, and packaging sectors. It also prefer to invest in manufacture industrial components for very different customer sectors, produced machines and plants for various customer sectors, industrial support services, and logistics. It have accessed business models and invested very successfully in other sectors as well. The firm primarily seeks to invest in companies headquartered or having significant business relationships in Germany Mittelstand, Austria, France, Netherlands, Switzerland, United States of America, European neighboring countries, and in German speaking European countries. Within European Emerging Markets, it prefers to invest in Czech Republic, Hungary, Poland, and Slovakia. The firm typically invests between €10 million ($11.07 million) and €75 million ($105.61 million) in companies with revenues between €30 million ($55.33 million) and €500 million ($704.12 million) and enterprise value between €35 million ($35.26 million) and €300 million ($422.47 million), but may also consider investments in smaller companies or participating in larger transactions. In individual instances, it also prefers structure transactions, in which the enterprise value exceeds this range and which require equity capital investments of up to €200 million ($235.19 million). It can also co-invest with other firms. The firm seeks to take majority or minority stakes in its portfolio companies. It prefers to invest in split-offs of peripheral activities from large corporations, a sale from the portfolio of another financial investor, and a capital requirement to fund a company’s growth. The firm seeks to take seats on the portfolio companies’ advisory councils or supervisory boards. It typically holds its investment for a period of eight years. Deutsche Beteiligungs AG was founded in 1965 and is based in Frankfurt am Main, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 23:05|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.