Valuation Apollo Global Management, Inc. Deutsche Boerse AG

Equities

Market Closed - Deutsche Boerse AG Other stock markets 01:25:01 10/07/2025 am IST			5-day change	1st Jan Change
124.95 ^EUR	+1.13%		+4.08%	-23.23%

08:41pm	BofA Adjusts Price Target on Apollo Global Management to $159 From $165	MT
04:54pm	TD Cowen Raises Price Target on Apollo Global Management to $176 From $169, Maintains Buy Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	11,207	17,860	36,506	52,890	93,450	82,872	-	-
Change	-	59.36%	104.4%	44.88%	76.69%	-11.32%	-	-
Enterprise Value (EV) ¹	23,046	30,167	33,576	45,054	87,872	75,482	75,482	86,007
Change	-	30.9%	11.3%	34.19%	95.04%	-14.1%	0%	13.94%
P/E ratio	-	9.89x	-	-	22.5x	22.5x	16.8x	14.9x
PBR	12.8x	4.76x	91.6x	3.77x	5.42x	3.15x	2.67x	2.81x
PEG	-	-	-	-	-	-1.9x	0.5x	1.2x
Capitalization / Revenue	5.87x	8x	13.9x	16.7x	25.6x	19.8x	16.7x	14x
EV / Revenue	12.1x	13.5x	12.8x	14.2x	24.1x	18x	15.2x	14.5x
EV / EBITDA	24.8x	15.1x	16.8x	7.82x	13.2x	11.5x	9.5x	-
EV / EBIT	22.1x	25.2x	23.8x	25.5x	42.6x	31.5x	25.8x	23.3x
EV / FCF	-	-	-	-	1,92,49,123x	-	-	-
FCF Yield	-	-	-	-	0%	-	-	-
Dividend per Share ²	2.02	1.9	1.6	1.72	1.785	2.029	2.218	2.51
Rate of return	4.12%	2.62%	2.51%	1.85%	1.08%	1.4%	1.53%	1.73%
EPS ²	-	7.32	-	-	7.33	6.444	8.623	9.723
Distribution rate	-	26%	-	-	24.4%	31.5%	25.7%	25.8%
Net sales ¹	1,909	2,233	2,620	3,164	3,652	4,193	4,975	5,914
EBITDA ¹	928.1	2,004	2,004	5,762	6,633	6,575	7,946	-
EBIT ¹	1,041	1,198	1,410	1,768	2,063	2,392	2,924	3,699
Net income ¹	-	1,802	-	-	4,480	3,911	5,151	5,529
Net Debt ¹	11,839	12,307	-2,930	-7,836	-5,578	-7,390	-7,390	3,134
Reference price ²	48.98	72.43	63.79	93.19	165.16	145.01	145.01	145.01
Nbr of stocks (in thousands)	2,28,816	2,46,579	5,72,284	5,67,555	5,65,816	5,71,494	-	-
Announcement Date	03/02/21	11/02/22	09/02/23	08/02/24	04/02/25	-	-	-