How does 3VU's PS Ratio compare to its peers?

3VU is expensive based on its Price-To-Sales Ratio (3.9x) compared to the peer average (2x).

How does 3VU's PS Ratio compare vs other companies in the DE Capital Markets Industry?

3VU is expensive based on its Price-To-Sales Ratio (3.9x) compared to the German Capital Markets industry average (2.8x).

What is 3VU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3VU is good value based on its Price-To-Sales Ratio (3.9x) compared to the estimated Fair Price-To-Sales Ratio (4x).

What is the Fair Price of 3VU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

3VU (€48.55) is trading below our estimate of [[fair value]] (€62.33)

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

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

3VU Stock Overview

An investment firm specializing in direct and fund of fund investments. More details

3VU fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	1/6
Financial Health	2/6
Dividends	1/6

Rewards

Trading at 22.1% below our estimate of its fair value

Earnings are forecast to grow 14.46% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.77% is not well covered by earnings or free cash flows

Profit margins (2.5%) are lower than last year (9.3%)

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

The Carlyle Group Inc. Competitors

DWS Group GmbH KGaA

XTRA:DWS

€8.0b

MLP

XTRA:MLP

€677.6m

Deutsche Beteiligungs

XTRA:DBAN

€435.4m

Deutsche Balaton

HMSE:BBHK

€177.5m

Price History & Performance

Summary of share price highs, lows and changes for Carlyle Group
Historical stock prices
Current Share Price	US$48.55
52 Week High	US$51.52
52 Week Low	US$33.37
Beta	1.68
1 Month Change	-1.83%
3 Month Change	17.76%
1 Year Change	38.70%
3 Year Change	4.17%
5 Year Change	73.41%
Change since IPO	68.30%

Recent updates

Shareholder Returns

	3VU	DE Capital Markets	DE Market
7D	2.2%	1.9%	0.7%
1Y	38.7%	21.6%	8.4%

Return vs Industry: 3VU exceeded the German Capital Markets industry which returned 22.7% over the past year.

Return vs Market: 3VU exceeded the German Market which returned 8.4% over the past year.

Price Volatility

Is 3VU's price volatile compared to industry and market?
3VU volatility
3VU Average Weekly Movement	5.6%
Capital Markets Industry Average Movement	4.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 3VU has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 3VU's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	2,200	Harvey Schwartz	www.carlyle.com

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions.

The Carlyle Group Inc. Fundamentals Summary

How do Carlyle Group's earnings and revenue compare to its market cap?
3VU fundamental statistics
Market cap	€17.61b
Earnings (TTM)	€114.56m
Revenue (TTM)	€4.52b

153.7x

P/E Ratio

3.9x

P/S Ratio

Is 3VU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3VU income statement (TTM)
Revenue	US$4.64b
Cost of Revenue	US$2.37b
Gross Profit	US$2.27b
Other Expenses	US$2.15b
Earnings	US$117.50m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.33
Gross Margin	48.96%
Net Profit Margin	2.53%
Debt/Equity Ratio	138.0%

How did 3VU perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

428%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 16:11
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

The Carlyle Group Inc. is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Roger Freeman	Barclays
Benjamin Budish	Barclays
David Chiaverini	BMO Capital Markets Equity Research

3VU Stock Overview

Rewards

Risk Analysis

The Carlyle Group Inc. Competitors

XTRA:DWS

€8.0b

XTRA:MLP

€677.6m

XTRA:DBAN

€435.4m

HMSE:BBHK

€177.5m

Price History & Performance

Recent News & Updates

TVS Credit Reportedly to Make A Bid for Avendus Capital

TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million.

the Carlyle Group Moves into Pole Position to Buy Waste Services Group

Co-Founder & Chairman Emeritus recently sold €24m worth of stock

Carlyle Group Reportedly Weighs Options for Flender

Third quarter dividend of US$0.35 announced

Recent updates

TVS Credit Reportedly to Make A Bid for Avendus Capital

TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million.

the Carlyle Group Moves into Pole Position to Buy Waste Services Group

Co-Founder & Chairman Emeritus recently sold €24m worth of stock

Carlyle Group Reportedly Weighs Options for Flender

Third quarter dividend of US$0.35 announced

Third quarter 2024 earnings released: EPS: US$1.67 (vs US$0.23 in 3Q 2023)

The Carlyle Group Inc. (NasdaqGS:CG) completed the acquisition of membership interests of Autopart International, Inc., Worldpac Puerto Rico, LLC and Worldpac Canada Inc. from WORLDPAC, Inc.

Edward van Kersbergen, Founder and Chief Executive Officer of Mazarine Energy B.V. singed an agreement to acquire an a majority stake in Mazarine Energy B.V. from Ramphastos Investments N.V. and The Carlyle Group Inc. (NasdaqGS:CG).

Patient Square Capital, LP agreed to acquire CorroHealth, LLC from The Carlyle Group Inc. (NasdaqGS:CG), Carlyle US Equity Opportunity Fund II, L.P, TT Capital Partners, LLC, Sanaka Group and CorroHealth's management.

Nomura Holdings and Mizuho Financial Group Reportedly Leading Bidders for Avendus Capital

New minor risk - Share price stability

Carlyle, Mizuho & Premji Invest Reportedly Aim for Avendus

Carlyle Appoints Anuj Poddar as Co-Head of Global Portfolio Solutions for Asia

Bain Capital, Carlyle Group and ChrysCapital Reportedly Submit Bids for Theobroma Foods

The Carlyle Group Inc. (NasdaqGS:CG) entered into a definitive agreement to acquire WORLDPAC, Inc. from Advance Auto Parts, Inc. (NYSE:AAP) for $1.5 billion.

The Carlyle Group Inc. (NasdaqGS:CG) and Atmas Health entered into an Equity Purchase Agreement to acquire Vantive Health LLC from Baxter International Inc. (NYSE:BAX) for $3.8 billion.

Carlyle Reportedly Explores Sale of Nobian

Second quarter dividend of US$0.35 announced

Second quarter 2024 earnings released: EPS: US$0.41 (vs US$0.27 loss in 2Q 2023)

New minor risk - Share price stability

Quantum Energy Partners, LLC agreed to acquire CGX Energy, LLC from The Carlyle Group Inc. (NasdaqGS:CG) for approximately $3 billion.

A joint venture between Gatehouse Investment Management Limited and The Carlyle Group Inc. (NasdaqGS:CG) acquired 127 single-family rental (SFR) homes from Avant Homes (Central) Limited.

Carlyle Reportedly to Sell Upto 6.4% Stake in PNB Housing Finance for INR 12,560 Million

The Carlyle Group Inc. (NasdaqGS:CG) acquired 60% stake in Seidor, S.A. from Benito family for approximately €1 billion.

The Carlyle Group Inc. (NasdaqGS:CG) and Gatehouse Investment Management Limited acquired 105 single-family build-to-rent (SFR) of MJ Gleeson from MJ Gleeson plc (LSE:GLE) for £18.5 million.

The Carlyle Group Inc. (NasdaqGS:CG) completed the acquisition of 51.2% stake in KFC Holdings Japan, Ltd. (TSE:9873)

The Carlyle Group Inc. to Report Q2, 2024 Results on Aug 05, 2024

Moody's Corporation (NYSE:MCO) acquired remaining 49% stake in Global Credit Rating Co (Pty) Ltd.

Carlyle Group Reportedly in Advanced Talks to Buy Baxter's Vantive Business

Loscam Suitor Reportedly Drops Out of Race

Gabon Oil Company completed the acquisition of Assala Energy UK Limited from The Carlyle Group Inc. (NasdaqGS:CG).

Carlyle, KKR Reportedly Shortlisted to Bid for Discover's US Student Loan Portfolio

Nihon Kolmar Holdings Co., Ltd. agreed to acquire TOKIWA Corporation from The Carlyle Group Inc. (NasdaqGS:CG).

Advent International Receives 6-7 Bids for Bharat Serums

The Carlyle Group Inc. (NasdaqGS:CG) made an offer to acquire 64.9% stake in KFC Holdings Japan, Ltd. (TSE:9873) from Mitsubishi Corporation (TSE:8058) and others for ¥94.5 billion.

Carlyle to Buy Japan KFC Operator for $835 Million

First quarter dividend of US$0.35 announced

First quarter 2024 earnings released: EPS: US$0.18 (vs US$0.28 in 1Q 2023)

Carlyle Reportedly Mulls $10 Billion Sale of StandardAero

The Carlyle Group Inc. Announces Executive Changes

The Carlyle Group Inc. to Report Q1, 2024 Results on May 01, 2024

The Carlyle Group Inc Appoints Lindsay Lobue as Its Next Chief Operating Officer

Carlyle Reportedly Nears Advanced Talks on €1.5 Billion Thyssen Unit

Carlyle, CVC, KKR Reportedly Show Interest in Potential Takeover of Samsonite

Carlyle Group Appoints Jeff Currie as Chief Strategy Officer

Full year 2023 earnings released: US$1.68 loss per share (vs US$3.39 profit in FY 2022)

Upcoming dividend of US$0.35 per share at 3.2% yield

Carlyle Reportedly Lines Up for Woodside's Macedon Project

Fourth quarter dividend of US$0.35 announced

CVC Capital Partners Fund VIII a fund managed by CVC Capital Partners Limited and Haveli Investment Management LLC and CVC Capital Partners Limited agreed to acquire Jagex Limited from Carlyle Partners VII, L.P. a fund managed by The Carlyle Group Inc. (NasdaqGS:CG).

Full year 2023 earnings released: US$1.68 loss per share (vs US$3.39 profit in FY 2022)

Carlyle Names Eriko Sakurai as Senior Advisor

The Carlyle Group Inc. Announces Retirement of Bruce M. Larson, as Chief Human Resources Officer Effective January 19, 2024

The Carlyle Group Inc. to Report Q4, 2023 Results on Feb 08, 2024

Center3 entered into definitive agreement to acquire CMC Networks (Pty) Limited from Carlyle Sub-Saharan Africa Fund and The Carlyle Group Inc. (NasdaqGS:CG) and Alterra Capital Partners.

Crest Data Systems Promoters Reportedly Tap Private Equity Funds for First Stake Sale

Carlyle's Rubenstein Reportedly in Negotiations to Buy Baltimore Orioles

McDonald's Corporation (NYSE:MCD) agreed to acquire additional 28% stake in McDonald's China Management Limited from The Carlyle Group Inc. (NasdaqGS:CG).