Market Closed -
Deutsche Boerse AG
02:16:32 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
8.4
EUR
|
+3.70%
|
|
+3.07%
|
+15.60%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,733,070
|
1,825,729
|
2,418,345
|
2,490,269
|
2,318,784
|
4,036,500
|
-
|
-
|
Enterprise Value (EV)
1 |
5,464,479
|
5,123,213
|
5,852,152
|
6,011,075
|
6,232,958
|
4,616,427
|
8,357,741
|
8,342,228
|
P/E ratio
|
16.2
x
|
9.93
x
|
18.7
x
|
14.2
x
|
11.9
x
|
20.5
x
|
16.8
x
|
15.3
x
|
Yield
|
1.58%
|
2.35%
|
1.75%
|
2.1%
|
2.5%
|
1.7%
|
2.03%
|
2.18%
|
Capitalization / Revenue
|
1.47
x
|
0.96
x
|
1.2
x
|
1.19
x
|
1.02
x
|
1.94
x
|
1.63
x
|
1.56
x
|
EV / Revenue
|
2.94
x
|
2.69
x
|
2.92
x
|
2.86
x
|
2.75
x
|
1.94
x
|
3.37
x
|
3.22
x
|
EV / EBITDA
|
16
x
|
13.8
x
|
19.4
x
|
16.9
x
|
14.5
x
|
9.75
x
|
17.1
x
|
15.6
x
|
EV / FCF
|
-31.4
x
|
-17.5
x
|
-15.5
x
|
97.9
x
|
-50.1
x
|
-26.1
x
|
261
x
|
309
x
|
FCF Yield
|
-3.18%
|
-5.7%
|
-6.45%
|
1.02%
|
-1.99%
|
-3.83%
|
0.38%
|
0.32%
|
Price to Book
|
1.17
x
|
0.75
x
|
0.95
x
|
0.89
x
|
0.8
x
|
1.48
x
|
1.25
x
|
1.18
x
|
Nbr of stocks (in thousands)
|
2,946,706
|
2,928,194
|
2,886,427
|
2,851,453
|
2,800,464
|
2,802,152
|
-
|
-
|
Reference price
2 |
927.5
|
623.5
|
837.8
|
873.3
|
828.0
|
1,440
|
1,440
|
1,440
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/14/21
|
5/13/22
|
5/10/23
|
5/10/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,861,195
|
1,905,642
|
2,007,554
|
2,100,870
|
2,269,103
|
2,383,289
|
2,483,463
|
2,588,592
|
EBITDA
1 |
341,181
|
372,051
|
301,966
|
356,478
|
430,703
|
473,416
|
489,723
|
533,812
|
EBIT
1 |
262,147
|
280,617
|
203,770
|
244,978
|
305,405
|
339,690
|
353,647
|
388,648
|
Operating Margin
|
14.08%
|
14.73%
|
10.15%
|
11.66%
|
13.46%
|
14.25%
|
14.24%
|
15.01%
|
Earnings before Tax (EBT)
1 |
242,043
|
261,217
|
191,820
|
262,403
|
295,930
|
334,065
|
355,146
|
371,897
|
Net income
1 |
168,661
|
183,972
|
129,576
|
176,986
|
196,998
|
224,647
|
237,927
|
259,508
|
Net margin
|
9.06%
|
9.65%
|
6.45%
|
8.42%
|
8.68%
|
9.43%
|
9.58%
|
10.03%
|
EPS
2 |
57.10
|
62.78
|
44.81
|
61.48
|
69.30
|
80.19
|
85.62
|
94.06
|
Free Cash Flow
1 |
-173,805
|
-292,185
|
-377,404
|
61,412
|
-124,326
|
-319,000
|
32,000
|
27,000
|
FCF margin
|
-9.34%
|
-15.33%
|
-18.8%
|
2.92%
|
-5.48%
|
-13.76%
|
1.29%
|
1.04%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
17.23%
|
-
|
-
|
6.53%
|
5.06%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
34.7%
|
-
|
-
|
13.45%
|
10.4%
|
Dividend per Share
2 |
14.67
|
14.67
|
14.67
|
18.33
|
20.67
|
28.00
|
29.25
|
31.36
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/14/21
|
5/13/22
|
5/10/23
|
5/10/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
888,776
|
1,016,866
|
797,401
|
1,210,153
|
548,159
|
996,862
|
470,044
|
633,964
|
1,104,008
|
576,716
|
480,330
|
1,057,046
|
569,347
|
642,710
|
1,212,057
|
561,364
|
603,881
|
1,165,245
|
533,770
|
684,274
|
1,218,044
|
577,272
|
568,574
|
1,185,000
|
573,908
|
890,803
|
EBITDA
|
161,981
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
106,255
|
-
|
190,713
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
118,604
|
162,013
|
64,189
|
139,581
|
65,857
|
100,977
|
53,552
|
90,449
|
144,001
|
77,114
|
54,404
|
131,518
|
81,798
|
92,089
|
173,887
|
80,410
|
99,324
|
179,734
|
65,560
|
94,396
|
159,956
|
87,760
|
79,675
|
177,500
|
80,914
|
97,844
|
Operating Margin
|
13.34%
|
15.93%
|
8.05%
|
11.53%
|
12.01%
|
10.13%
|
11.39%
|
14.27%
|
13.04%
|
13.37%
|
11.33%
|
12.44%
|
14.37%
|
14.33%
|
14.35%
|
14.32%
|
16.45%
|
15.42%
|
12.28%
|
13.8%
|
13.13%
|
15.2%
|
14.01%
|
14.98%
|
14.1%
|
10.98%
|
Earnings before Tax (EBT)
1 |
106,556
|
-
|
32,133
|
-
|
82,219
|
134,300
|
50,471
|
77,632
|
-
|
84,348
|
77,791
|
162,139
|
65,991
|
67,800
|
-
|
121,814
|
86,585
|
208,399
|
49,863
|
75,803
|
-
|
90,750
|
52,500
|
189,500
|
138,000
|
82,000
|
Net income
1 |
66,324
|
117,648
|
9,040
|
120,536
|
51,934
|
86,326
|
37,177
|
53,483
|
90,660
|
52,919
|
47,225
|
100,144
|
47,027
|
49,827
|
96,854
|
85,851
|
43,442
|
129,293
|
37,164
|
58,190
|
95,354
|
57,752
|
47,115
|
126,500
|
75,316
|
55,000
|
Net margin
|
7.46%
|
11.57%
|
1.13%
|
9.96%
|
9.47%
|
8.66%
|
7.91%
|
8.44%
|
8.21%
|
9.18%
|
9.83%
|
9.47%
|
8.26%
|
7.75%
|
7.99%
|
15.29%
|
7.19%
|
11.1%
|
6.96%
|
8.5%
|
7.83%
|
10%
|
8.29%
|
10.68%
|
13.12%
|
6.17%
|
EPS
2 |
22.61
|
-
|
3.120
|
-
|
17.99
|
29.91
|
12.91
|
18.66
|
-
|
18.56
|
16.56
|
35.12
|
16.55
|
17.63
|
-
|
30.66
|
15.50
|
46.16
|
13.26
|
20.77
|
-
|
20.68
|
16.79
|
45.52
|
26.86
|
19.70
|
Dividend per Share
2 |
7.333
|
-
|
7.333
|
-
|
7.333
|
7.333
|
-
|
11.00
|
-
|
-
|
10.00
|
10.00
|
-
|
10.67
|
-
|
-
|
11.67
|
11.67
|
-
|
16.33
|
-
|
-
|
14.50
|
-
|
-
|
16.00
|
Announcement Date
|
11/7/19
|
5/12/20
|
11/5/20
|
5/14/21
|
11/5/21
|
11/5/21
|
2/4/22
|
5/13/22
|
5/13/22
|
8/4/22
|
11/9/22
|
11/9/22
|
2/10/23
|
5/10/23
|
5/10/23
|
8/4/23
|
11/8/23
|
11/8/23
|
2/9/24
|
5/10/24
|
5/10/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,731,409
|
3,297,484
|
3,433,807
|
3,520,806
|
3,914,174
|
4,293,763
|
4,321,241
|
4,305,728
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
8.006
x
|
8.863
x
|
11.37
x
|
9.877
x
|
9.088
x
|
9.139
x
|
8.824
x
|
8.066
x
|
Free Cash Flow
1 |
-173,805
|
-292,185
|
-377,404
|
61,412
|
-124,326
|
-319,000
|
32,000
|
27,000
|
ROE (net income / shareholders' equity)
|
7.4%
|
7.7%
|
5.2%
|
6.6%
|
6.9%
|
7.5%
|
7.7%
|
8.09%
|
ROA (Net income/ Total Assets)
|
3.88%
|
3.64%
|
2.23%
|
2.82%
|
3.11%
|
2.92%
|
3.03%
|
3.28%
|
Assets
1 |
4,348,850
|
5,052,122
|
5,807,692
|
6,274,831
|
6,328,623
|
7,685,968
|
7,845,889
|
7,905,791
|
Book Value Per Share
2 |
795.0
|
827.0
|
885.0
|
981.0
|
1,036
|
1,110
|
1,156
|
1,217
|
Cash Flow per Share
2 |
83.90
|
94.00
|
78.80
|
100.0
|
113.0
|
128.0
|
85.70
|
92.10
|
Capex
1 |
390,514
|
379,279
|
276,337
|
241,567
|
386,592
|
246,609
|
317,482
|
314,982
|
Capex / Sales
|
20.98%
|
19.9%
|
13.76%
|
11.5%
|
17.04%
|
10.35%
|
12.78%
|
12.17%
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/14/21
|
5/13/22
|
5/10/23
|
5/10/24
|
-
|
-
|
Last Close Price
1,440
JPY Average target price
1,775
JPY Spread / Average Target +23.23% Consensus |