Deutsche Börse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific.
Excellent balance sheet with solid track record and pays a dividend.
Share Price & News
How has Deutsche Börse's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DB1's share price has been volatile over the past 3 months.
7 Day Return
DE Capital Markets
1 Year Return
DE Capital Markets
Return vs Industry: DB1 exceeded the German Capital Markets industry which returned 25.2% over the past year.
Return vs Market: DB1 exceeded the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Deutsche Börse's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Deutsche Börse AG (ETR:DB1) An Attractive Dividend Stock?
1 month ago | Simply Wall StDeutsche Börse AG (ETR:DB1) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
2 months ago | Simply Wall StHow Does Deutsche Börse's (ETR:DB1) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is Deutsche Börse undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DB1 (€167.15) is trading above our estimate of fair value (€145.6)
Significantly Below Fair Value: DB1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DB1 is poor value based on its PE Ratio (28x) compared to the Capital Markets industry average (22.1x).
PE vs Market: DB1 is poor value based on its PE Ratio (28x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: DB1 is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: DB1 is overvalued based on its PB Ratio (5x) compared to the DE Capital Markets industry average (2.1x).
How is Deutsche Börse forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DB1's forecast earnings growth (5.7% per year) is above the savings rate (0.2%).
Earnings vs Market: DB1's earnings (5.7% per year) are forecast to grow slower than the German market (22.3% per year).
High Growth Earnings: DB1's earnings are forecast to grow, but not significantly.
Revenue vs Market: DB1's revenue (2.8% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: DB1's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DB1's Return on Equity is forecast to be low in 3 years time (19.1%).
How has Deutsche Börse performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DB1 has high quality earnings.
Growing Profit Margin: DB1's current net profit margins (31.2%) are higher than last year (27.1%).
Past Earnings Growth Analysis
Earnings Trend: DB1's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: DB1's earnings growth over the past year (28.8%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: DB1 earnings growth over the past year (28.8%) exceeded the Capital Markets industry 18.3%.
Return on Equity
High ROE: DB1's Return on Equity (17.5%) is considered low.
How is Deutsche Börse's financial position?
Financial Position Analysis
Short Term Liabilities: DB1's short term assets (€220.1B) exceed its short term liabilities (€217.4B).
Long Term Liabilities: DB1's short term assets (€220.1B) exceed its long term liabilities (€17.4B).
Debt to Equity History and Analysis
Debt Level: DB1's debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: DB1's debt to equity ratio has increased from 35.9% to 37% over the past 5 years.
Debt Coverage: DB1's debt is well covered by operating cash flow (38.6%).
Interest Coverage: DB1 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Deutsche Börse current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DB1's dividend (1.73%) is higher than the bottom 25% of dividend payers in the German market (1.26%).
High Dividend: DB1's dividend (1.73%) is low compared to the top 25% of dividend payers in the German market (3.83%).
Stability and Growth of Payments
Stable Dividend: DB1's dividends per share have been stable in the past 10 years.
Growing Dividend: DB1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.5%), DB1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DB1's dividends in 3 years are forecast to be well covered by earnings (48.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Theodor Weimer (61yo)
Dr. Theodor Weimer has been Member of the Supervisory Board at Knorr-Bremse Aktiengesellschaft since June 30, 2020. Dr. Theodor Weimer has been Chief Executive Officer of Deutsche Börse AG since January 1, ...
CEO Compensation Analysis
Compensation vs Market: Theodor's total compensation ($USD6.18M) is about average for companies of similar size in the German market ($USD5.36M).
Compensation vs Earnings: Theodor's compensation has been consistent with company performance over the past year.
|CEO & Chairman of Executive Board||2.5yrs||€5.49m||no data|
|CFO & Member of Executive Board||10.75yrs||€2.73m||no data|
|Head of Derivatives Markets Trading & Member of the Executive Board||2yrs||€2.62m||no data|
|Member of the Executive Board||2yrs||€2.83m||no data|
|Chief Information Officer||1.67yrs||€2.89m||no data|
|Interim Chief Technology Officer||6.75yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Compliance Officer||6.25yrs||no data||no data|
|Managing Director of Group Functionality||no data||no data||no data|
|Managing Director of Market Data & Analytics||16yrs||no data||no data|
Experienced Management: DB1's management team is considered experienced (4.4 years average tenure).
|Employee Representative Member of the Supervisory Board||2.17yrs||€107.00k||no data|
|Member of Supervisory Board||5.17yrs||€129.50k||no data|
|Supervisory Board Member||2.17yrs||€156.00k||no data|
|Chairman of Supervisory Board||0.17yr||€143.70k||no data|
|Member of Supervisory Board||8.17yrs||€146.00k||no data|
|Employee Representative Deputy Chairperson of Supervisory Board||2.17yrs||€181.00k||no data|
|Supervisory Board Member||2.17yrs||€171.00k||no data|
|Employee Representative Member of the Supervisory Board||2.17yrs||€114.00k||no data|
|Employee Representative Member of Supervisory Board||1.92yrs||€147.00k||no data|
|Employee Representatives Member of Supervisory Board||1.92yrs||€138.00k||no data|
Experienced Board: DB1's board of directors are not considered experienced ( 2.2 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 not been meaningfully diluted in the past year.
Deutsche Börse AG's company bio, employee growth, exchange listings and data sources
- Name: Deutsche Börse AG
- Ticker: DB1
- Exchange: XTRA
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: €30.660b
- Shares outstanding: 183.43m
- Website: https://www.deutsche-boerse.com
Number of Employees
- Deutsche Börse AG
- The Cube
- Mergenthalerallee 61
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DBOE.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 2001|
|DB1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 2001|
|0H3T||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Feb 2001|
|DB1||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Feb 2001|
|DB1D||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Feb 2001|
|DBO||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Feb 2001|
|DB1||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Feb 2001|
|DB1 N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Feb 2001|
|DB1||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Feb 2001|
|DBOE.Y||OTCPK (Pink Sheets LLC)||UNSP ADR EACH REPR 0.10 ORD||US||USD||Oct 2008|
|63DA||DB (Deutsche Boerse AG)||UNSP ADR EACH REPR 0.10 ORD||DE||EUR||Oct 2008|
Deutsche Börse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific. The company operates through nine segments: Eurex (Financial Derivatives), EEX (Commodities), 360T (Foreign Exchange), Xetra (Securities Trading), Clearstream (Post-Trading), IFS (Investment Fund Services), GSF (Collateral Management), Qontigo (index and analytics business), and Data (data business). The company engages in the electronic trading of derivatives, electricity and gas products, emission rights, and foreign exchange; operating Eurex Repo over the counter (OTC) trading platform and electronic clearing architecture; and operating as a central counterparty for on-and-off exchange derivatives, repo transactions, and OTC and exchange-traded derivatives. It also operates in the cash market through Xetra, Börse Frankfurt, and Tradegate trading venues; operates as a central counterparty for equities and bonds; and provides listing services. In addition, the company offers custody and settlement services for securities; investment fund services; global securities financing services; collateralized money market transaction services; and repos and securities lending services. Further, it develops and markets indices, as well as portfolio management and risk analysis software; markets licenses for trading and market signals; provides technology and reporting solutions for external customers; and offers link-up of trading participants. Deutsche Börse AG is headquartered in Eschborn, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 20:47|
|End of Day Share Price||2020/07/06 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.