Deutsche Bank Aktiengesellschaft

BIT:1DBK Stock Report

Market Cap: €31.6b

Deutsche Bank Valuation

Is 1DBK 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 1DBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1DBK (€16.18) is trading below our estimate of fair value (€32.49)

Significantly Below Fair Value: 1DBK is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1DBK?

Other financial metrics that can be useful for relative valuation.

1DBK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

How does 1DBK's PE Ratio compare to its peers?

The above table shows the PE ratio for 1DBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
BGN Banca Generali
12.1x-2.8%€4.7b
BMED Banca Mediolanum
9.2x-0.9%€8.3b
AZM Azimut Holding
6.1x-2.5%€3.3b
MQG Macquarie Group
24.9x9.3%AU$84.4b
1DBK Deutsche Bank
9.2x15.1%€31.6b

Price-To-Earnings vs Peers: 1DBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (13.1x).


Price to Earnings Ratio vs Industry

How does 1DBK's PE Ratio compare vs other companies in the European Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-1.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-1.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 1DBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the European Capital Markets industry average (14.2x).


Price to Earnings Ratio vs Fair Ratio

What is 1DBK'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.

1DBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.2x
Fair PE Ratio19.4x

Price-To-Earnings vs Fair Ratio: 1DBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.4x).


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 1DBK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.18
€17.71
+9.5%
19.1%€22.30€10.90n/a14
Oct ’25€15.35
€17.22
+12.2%
19.0%€22.30€10.90n/a16
Sep ’25€14.71
€17.80
+21.0%
38.3%€43.00€10.90n/a18
Aug ’25€14.01
€17.79
+27.0%
38.3%€43.00€10.90n/a18
Jul ’25€15.40
€17.53
+13.8%
38.9%€43.00€10.90n/a18
Jun ’25€15.17
€17.50
+15.4%
38.8%€43.00€10.90n/a18
May ’25€15.12
€17.18
+13.6%
39.4%€43.00€10.90n/a18
Apr ’25€14.69
€15.78
+7.4%
44.5%€43.00€10.90n/a18
Mar ’25€12.54
€15.58
+24.2%
43.9%€43.00€10.90n/a19
Feb ’25€12.26
€15.02
+22.5%
46.7%€43.00€9.80n/a19
Jan ’25€11.90
€14.94
+25.5%
47.0%€43.00€9.80n/a19
Dec ’24€11.50
€14.96
+30.1%
47.0%€43.00€9.80n/a19
Nov ’24€10.48
€14.96
+42.8%
47.5%€43.00€9.80n/a19
Oct ’24€10.45
€14.93
+42.9%
48.5%€43.00€9.80€15.3518
Sep ’24€10.11
€14.67
+45.2%
48.6%€43.00€9.80€14.7119
Aug ’24€10.00
€14.63
+46.3%
48.7%€43.00€9.80€14.0119
Jul ’24€9.63
€15.07
+56.5%
46.8%€43.00€10.50€15.4019
Jun ’24€9.57
€14.98
+56.4%
45.9%€43.00€10.50€15.1720
May ’24€9.93
€14.97
+50.7%
46.0%€43.00€10.50€15.1220
Apr ’24€9.40
€15.32
+63.0%
44.1%€43.00€10.90€14.6920
Mar ’24€11.54
€15.40
+33.4%
44.1%€43.00€10.90€12.5420
Feb ’24€12.27
€14.67
+19.5%
47.0%€43.00€9.50€12.2620
Jan ’24€10.60
€14.42
+36.0%
49.1%€43.00€9.50€11.9019
Dec ’23€9.95
€14.31
+43.9%
49.9%€43.00€9.50€11.5019
Nov ’23€9.73
€13.78
+41.6%
53.9%€43.00€5.80€10.4819
Oct ’23€7.66
€13.77
+79.7%
53.8%€43.00€5.80€10.4519

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


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