Valuation Apollo Global Management, Inc. Deutsche Boerse AG

Equities

Market Closed - Deutsche Boerse AG Other stock markets 01:25:02 11/04/2026 am IST			5-day change	1st Jan Change
88.76 ^EUR	-2.89%		-4.13%	-28.79%

11/04	Financials Down as Private-Credit Worries Simmer -- Financials Roundup	DJ
11/04	S&P 500 Posts Weekly Gain Ahead of Iran Peace Talks, Earnings	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,860	36,506	52,890	93,450	84,022	60,300	-	-
Change	-	104.4%	44.88%	76.69%	-10.09%	-28.23%	-	-
Enterprise Value (EV) ¹	30,167	33,576	45,054	87,872	78,146	52,910	52,910	72,791
Change	-	11.3%	34.19%	95.04%	-11.07%	-32.29%	0%	37.58%
P/E ratio	9.89x	-	-	22.5x	26.1x	15.6x	11.4x	8.99x
PBR	4.76x	91.6x	3.77x	5.42x	3.59x	1.84x	1.6x	1.62x
PEG	-	-	-	-	-1.1x	0.8x	0.3x	0.3x
Capitalization / Revenue	8x	13.9x	16.7x	25.6x	18.8x	11.4x	9.76x	-
EV / Revenue	13.5x	12.8x	14.2x	24.1x	17.5x	10x	8.56x	-
EV / EBITDA	15.1x	16.8x	7.82x	13.2x	10.2x	6.42x	5.6x	6.61x
EV / EBIT	25.2x	23.8x	25.5x	42.6x	30.9x	17.3x	14.7x	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.9	1.6	1.72	1.785	2.04	2.201	2.378	2.653
Rate of return	2.62%	2.51%	1.85%	1.08%	1.41%	2.11%	2.28%	2.54%
EPS ²	7.32	-	-	7.33	5.54	6.67	9.126	11.61
Distribution rate	26%	-	-	24.4%	36.8%	33%	26.1%	22.9%
Net sales ¹	2,233	2,620	3,164	3,652	4,465	5,292	6,179	-
EBITDA ¹	2,004	2,004	5,762	6,633	7,658	8,239	9,447	11,020
EBIT ¹	1,198	1,410	1,768	2,063	2,528	3,057	3,609	-
Net income ¹	1,802	-	-	4,480	3,395	4,541	5,757	7,502
Net Debt ¹	12,307	-2,930	-7,836	-5,578	-5,876	-7,390	-7,390	12,491
Reference price ²	72.43	63.79	93.19	165.16	144.76	104.28	104.28	104.28
Nbr of stocks (in thousands)	2,46,579	5,72,284	5,67,555	5,65,816	5,80,423	5,78,247	-	-
Announcement Date	11/02/22	09/02/23	08/02/24	04/02/25	09/02/26	-	-	-