DWS Group GmbH & Co. KGaA

SWX:DWS Stock Report

Market Cap: CHF 10.1b

DWS Group GmbH KGaA Valuation

Is DWS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DWS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CHF 62.59
Fair Value
45.7% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: DWS (CHF34) is trading below our estimate of fair value (CHF62.59)

Significantly Below Fair Value: DWS is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DWS?

Key metric: As DWS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DWS. This is calculated by dividing DWS's market cap by their current earnings.
What is DWS's PE Ratio?
PE Ratio14.4x
Earnings€754.00m
Market Cap€10.85b

Price to Earnings Ratio vs Peers

How does DWS's PE Ratio compare to its peers?

The above table shows the PE ratio for DWS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.4x
BAER Julius Bär Gruppe
13.2x11.12%CHF 11.4b
VZN VZ Holding
27.9x10.67%CHF 6.4b
EFGN EFG International
14.1x2.31%CHF 5.1b
PGHN Partners Group Holding
22.5x9.97%CHF 27.4b
DWS DWS Group GmbH KGaA
14.4x8.04%CHF 10.9b

Price-To-Earnings vs Peers: DWS is good value based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (19.5x).

Price to Earnings Ratio vs Industry

How does DWS's PE Ratio compare vs other companies in the European Capital Markets Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DWS 14.4xIndustry Avg. 16.2xNo. of Companies43PE01632486480+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DWS is good value based on its Price-To-Earnings Ratio (14.4x) compared to the European Capital Markets industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is DWS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DWS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.4x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: DWS is good value based on its Price-To-Earnings Ratio (14.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DWS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 34.00
CHF 50.71
+49.16%
7.14%CHF 55.88CHF 44.70n/a14
Sep ’26CHF 34.00
CHF 50.49
+48.49%
8.84%CHF 56.43CHF 42.32n/a14
Aug ’26CHF 34.00
CHF 49.74
+46.28%
9.34%CHF 55.85CHF 41.88n/a14
Jul ’26CHF 34.00
CHF 46.31
+36.21%
9.94%CHF 54.67CHF 40.18n/a14
Jun ’26CHF 34.00
CHF 45.94
+35.13%
10.73%CHF 54.55CHF 38.23n/a14
May ’26CHF 34.00
CHF 45.04
+32.47%
11.40%CHF 54.79CHF 37.00n/a14
Apr ’26CHF 34.00
CHF 47.29
+39.09%
10.79%CHF 55.64CHF 36.14n/a14
Mar ’26CHF 34.00
CHF 46.07
+35.49%
9.88%CHF 53.50CHF 35.67n/a14
Feb ’26CHF 34.00
CHF 43.84
+28.95%
12.39%CHF 53.81CHF 35.87n/a15
Jan ’26CHF 34.00
CHF 40.97
+20.50%
11.91%CHF 52.98CHF 35.32n/a15
Dec ’25CHF 34.00
CHF 40.66
+19.60%
11.79%CHF 53.02CHF 35.34n/a15
Nov ’25CHF 34.00
CHF 40.88
+20.23%
11.83%CHF 53.53CHF 35.69n/a15
Oct ’25CHF 34.00
CHF 39.23
+15.38%
12.81%CHF 53.61CHF 32.92CHF 34.0015
Sep ’25CHF 34.00
CHF 39.99
+17.62%
12.90%CHF 54.56CHF 33.50CHF 34.0015
Aug ’25CHF 34.00
CHF 40.03
+17.73%
12.51%CHF 54.67CHF 33.57CHF 34.0016
Jul ’25CHF 34.00
CHF 41.24
+21.30%
12.25%CHF 54.96CHF 32.78CHF 34.0016
Jun ’25CHF 34.00
CHF 42.41
+24.75%
11.98%CHF 55.77CHF 33.27CHF 34.0016
May ’25CHF 34.00
CHF 41.93
+23.31%
12.48%CHF 55.93CHF 34.34CHF 34.0016
Apr ’25CHF 34.00
CHF 40.30
+18.54%
12.61%CHF 55.55CHF 32.16CHF 34.0016
Mar ’25CHF 34.00
CHF 38.96
+14.60%
12.70%CHF 54.11CHF 31.33CHF 34.0017
Feb ’25CHF 34.00
CHF 37.79
+11.13%
13.70%CHF 53.14CHF 29.83CHF 34.0017
Jan ’25CHF 34.00
CHF 36.14
+6.30%
17.65%CHF 54.10CHF 27.05CHF 34.0017
Dec ’24CHF 34.00
CHF 36.17
+6.39%
17.12%CHF 54.99CHF 27.50CHF 34.0017
Nov ’24CHF 34.00
CHF 35.24
+3.64%
16.38%CHF 54.56CHF 27.28CHF 34.0016
Oct ’24CHF 34.00
CHF 36.32
+6.83%
15.90%CHF 54.66CHF 29.25CHF 34.0015
CHF 34.13
Fair Value
0.4% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 14:40
End of Day Share Price 2025/10/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DWS Group GmbH & Co. KGaA is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dieter HeinAlphaValue
Aurelia Sarah FaureBanco Santander
Jesús Gómez DominguezBanco Santander