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

DWS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (13.4x).

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

DWS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the German Capital Markets industry average (20.3x).

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 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.6x).

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

DWS (€39.52) is trading below our estimate of [[fair value]] (€87.01)

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.

DWS Group GmbH KGaA (DB:DWS) - Stock Price, News & Analysis

DWS Stock Overview

Offers asset management services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. More details

DWS fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 54.6% below our estimate of its fair value

Earnings are forecast to grow 12.75% per year

Earnings grew by 11.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 5.34% is not well covered by free cash flows

DWS Group GmbH & Co. KGaA Competitors

MLP

XTRA:MLP

€642.7m

AURELIUS Equity Opportunities SE KGaA

HMSE:AR4

€390.6m

Deutsche Beteiligungs

XTRA:DBAN

€420.9m

OVB Holding

XTRA:O4B

€283.6m

Price History & Performance

Summary of all time highs, changes and price drops for DWS Group GmbH KGaA
Historical stock prices
Current Share Price	€39.52
52 Week High	€44.40
52 Week Low	€29.86
Beta	1.34
11 Month Change	-0.45%
3 Month Change	14.42%
1 Year Change	32.09%
33 Year Change	11.26%
5 Year Change	27.67%
Change since IPO	20.23%

Recent updates

Shareholder Returns

	DWS	DE Capital Markets	DE Market
7D	-1.7%	-1.1%	0.2%
1Y	32.1%	26.5%	8.5%

Return vs Industry: DWS exceeded the German Capital Markets industry which returned 26.5% over the past year.

Return vs Market: DWS exceeded the German Market which returned 8.5% over the past year.

Price Volatility

Is DWS's price volatile compared to industry and market?
DWS volatility
DWS Average Weekly Movement	2.3%
Capital Markets Industry Average Movement	4.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

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

Volatility Over Time: DWS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	4,315	Stefan Hoops	www.dws.com

DWS Group GmbH & Co. KGaA offers asset management services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company’s products and solutions cover equities, fixed income, cash, real estate, infrastructure, and private equity, as well as a range of sustainable investments. Within private equity, the firm specializes in co-investment, emerging markets, small and medium-sized companies, direct buyout, secondaries PE markets and structured capital solutions to private equity firms.

DWS Group GmbH & Co. KGaA Fundamentals Summary

How do DWS Group GmbH KGaA's earnings and revenue compare to its market cap?
DWS fundamental statistics
Market cap	€7.87b
Earnings (TTM)	€597.00m
Revenue (TTM)	€3.96b

13.2x

P/E Ratio

2.0x

P/S Ratio

Is DWS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DWS income statement (TTM)
Revenue	€3.96b
Cost of Revenue	€2.13b
Gross Profit	€1.82b
Other Expenses	€1.22b
Earnings	€597.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 30, 2025

Earnings per share (EPS)	2.99
Gross Margin	46.04%
Net Profit Margin	15.09%
Debt/Equity Ratio	2.2%

How did DWS perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

73%

Payout Ratio

DWS Stock Overview

Rewards

Risk Analysis

DWS Group GmbH & Co. KGaA Competitors

XTRA:MLP

€642.7m

HMSE:AR4

€390.6m

XTRA:DBAN

€420.9m

XTRA:O4B

€283.6m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

DWS Announces management Changes

Dws Infrastruktur Europa managed by DWS Group GmbH & Co. KGaA (XTRA:DWS) acquired Heather Wind Ab from Octopus Renewables Infrastructure Trust plc (LSE:ORIT).

Dws Infrastruktur Europa, managed by DWS Group GmbH & Co. KGaA completed the acquisition of 48 MW wind farm in Sweden from Octopus Renewables Infrastructure Trust plc (LSE:ORIT) for €73.7 million.

DWS Appoints Jay Dewaltoff as Head of U.S. Real Estate Debt Team

OMERS Infrastructure and unknown funds managed by DWS Group GmbH & Co. KGaA (XTRA:DWS) agreed to acquire Grandi Stazioni Rail SpA from Antin Infrastructure Partners SAS (ENXTPA:ANTIN), Borletti Group S.C.A. and ICAMAP Sarl.

Recent updates

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

DWS Announces management Changes

Dws Infrastruktur Europa managed by DWS Group GmbH & Co. KGaA (XTRA:DWS) acquired Heather Wind Ab from Octopus Renewables Infrastructure Trust plc (LSE:ORIT).

Dws Infrastruktur Europa, managed by DWS Group GmbH & Co. KGaA completed the acquisition of 48 MW wind farm in Sweden from Octopus Renewables Infrastructure Trust plc (LSE:ORIT) for €73.7 million.

DWS Appoints Jay Dewaltoff as Head of U.S. Real Estate Debt Team

OMERS Infrastructure and unknown funds managed by DWS Group GmbH & Co. KGaA (XTRA:DWS) agreed to acquire Grandi Stazioni Rail SpA from Antin Infrastructure Partners SAS (ENXTPA:ANTIN), Borletti Group S.C.A. and ICAMAP Sarl.

DWS Group Launches Artificial Intelligence and Big Data ETF XAIX

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

DWS Group GmbH & Co. KGaA to Report Fiscal Year 2024 Results on Jan 30, 2025

Xtrackers by DWS Group GmbH & Co. KGaA Announces Product Update to Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW)

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of €6.10 per share

Xtrackers byDWS Plans to Close Its Xtrackers S&P 600 SmallCap ESG ETF

First quarter 2024 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

Dividend increased to €6.10

DWS Group GmbH & Co. KGaA Announces Management Changes

Second quarter 2023 earnings released

DWS Group GmbH & Co. KGaA to Report Q1, 2024 Results on Apr 25, 2024

Upcoming dividend of €2.05 per share at 6.5% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

DWS Group GmbH & Co. KGaA (XTRA:DWS) acquired 1,763 Plan Vive homes in Madrid from Culmia for €250 million.

FLE SICAV FIS, A Fund managed by FLE GmbH acquired Kopernik Office Buildings in Warsaw from DWS.

Capreon Limited acquired Three office buildings in Edinburgh from DWS Group GmbH & Co. KGaA (XTRA:DWS) for £36.8 million.

DWS Group Appoints Dirk Goergen as Americas CEO, Effective January 1, 2023

DWS Group GmbH & Co. KGaA to Report Q3, 2023 Results on Oct 25, 2023

CBRE Investment Management acquired two new logistics assets in Madrid, Spain from DWS Group GmbH & Co. KGaA (XTRA:DWS).

DWS Group GmbH & Co. KGaA (XTRA:DWS) acquired Three significant logistics centres in Vantaa from YIT Oyj (HLSE:YIT).

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Darco Water Technologies Limited Announces Cessation of Mr. Phua Kia Chik as Managing & Country Director of DWS Group

Price target decreased to €36.11

Investor sentiment deteriorated over the past week

DWS Group GmbH & Co. KGaA Approves Dividend for the Financial Year 2021

Upcoming dividend of €2.00 per share

DWS Group GmbH & Co. KGaA Announces Executive Changes

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

DWS Announces Impending Closure and Liquidation of Two Xtrackers ETFs

Full year 2021 earnings: Revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS €0.91

Second quarter 2021 earnings released

Fidelidade - Property International S.A. acquired BC 140 in Budapest from from Grunbesitz Global managed by DWS Group GmbH & Co. KGaA (XTRA:DWS) for €24.5 million.

DWS Group GmbH & Co. KGaA (XTRA:DWS) acquired Spectrum logistics property in Hamburg from FIEGE Logistik Holding Stiftung & Co. KG

Upcoming dividend of €1.81 per share

First quarter 2021 earnings released: EPS €0.84

Full year 2020 earnings released: EPS €2.78 (vs €2.56 in FY 2019)

DWS Group GmbH & Co. KGaA Recommends Dividend for the Financial Year 2020

New 90-day high: €36.92

Full year 2020 earnings released

Revenue beats expectations

New 90-day high: €36.30

DWS Promotes Arne Noack to Head Systematic Investment Solutions, Americas

New 90-day high: €36.00

New 90-day high: €35.60

New 90-day high: €34.31

Market bids up stock over the past week

Third quarter earnings released

DWS Appoints Matt Hilding as U.S. Head of Wealth