Market Closed -
Deutsche Boerse AG
08:55:10 28/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
48.32
EUR
|
-0.33%
|
|
-1.51%
|
-12.30%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,001
|
4,560
|
5,468
|
3,515
|
5,059
|
4,453
|
-
|
-
|
Enterprise Value (EV)
1 |
11,516
|
10,443
|
12,739
|
11,856
|
14,403
|
13,131
|
13,206
|
13,000
|
P/E ratio
|
16.7
x
|
-6.93
x
|
66.5
x
|
26.6
x
|
12.9
x
|
9.99
x
|
8.87
x
|
8.63
x
|
Yield
|
2.64%
|
-
|
-
|
-
|
-
|
-
|
2.54%
|
3.95%
|
Capitalization / Revenue
|
1.89
x
|
2.72
x
|
2.55
x
|
1.1
x
|
1.26
x
|
1.05
x
|
1.02
x
|
0.99
x
|
EV / Revenue
|
3.11
x
|
6.23
x
|
5.94
x
|
3.71
x
|
3.6
x
|
3.09
x
|
3.03
x
|
2.89
x
|
EV / EBITDA
|
9.76
x
|
-41.7
x
|
16.8
x
|
11.5
x
|
12
x
|
9.82
x
|
8.98
x
|
8.31
x
|
EV / FCF
|
-27
x
|
-7.56
x
|
-16.5
x
|
-32.4
x
|
-21.6
x
|
-24.9
x
|
209
x
|
34.1
x
|
FCF Yield
|
-3.71%
|
-13.2%
|
-6.05%
|
-3.09%
|
-4.63%
|
-4.02%
|
0.48%
|
2.94%
|
Price to Book
|
1.58
x
|
1.24
x
|
1.46
x
|
0.9
x
|
1.17
x
|
0.91
x
|
0.82
x
|
0.76
x
|
Nbr of stocks (in thousands)
|
92,391
|
92,391
|
92,391
|
92,391
|
92,391
|
92,391
|
-
|
-
|
Reference price
2 |
75.78
|
49.36
|
59.18
|
38.05
|
54.76
|
48.20
|
48.20
|
48.20
|
Announcement Date
|
13/03/20
|
16/03/21
|
15/03/22
|
14/03/23
|
19/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,706
|
1,677
|
2,143
|
3,194
|
4,000
|
4,253
|
4,361
|
4,494
|
EBITDA
1 |
1,180
|
-250.6
|
757
|
1,030
|
1,204
|
1,338
|
1,470
|
1,564
|
EBIT
1 |
705
|
-708.1
|
313.7
|
564.5
|
702.8
|
823.9
|
927.6
|
952.4
|
Operating Margin
|
19.02%
|
-42.22%
|
14.64%
|
17.67%
|
17.57%
|
19.37%
|
21.27%
|
21.19%
|
Earnings before Tax (EBT)
1 |
590
|
-933.2
|
116.4
|
233.9
|
553.9
|
651.7
|
733
|
751.8
|
Net income
1 |
420.7
|
-657.6
|
82.8
|
132.4
|
393.2
|
445.7
|
501.2
|
512.3
|
Net margin
|
11.35%
|
-39.21%
|
3.86%
|
4.14%
|
9.83%
|
10.48%
|
11.49%
|
11.4%
|
EPS
2 |
4.540
|
-7.120
|
0.8900
|
1.430
|
4.260
|
4.825
|
5.436
|
5.583
|
Free Cash Flow
1 |
-426.9
|
-1,381
|
-770.4
|
-366.1
|
-667
|
-528.4
|
63.28
|
381.7
|
FCF margin
|
-11.52%
|
-82.36%
|
-35.94%
|
-11.46%
|
-16.67%
|
-12.42%
|
1.45%
|
8.49%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
4.3%
|
24.4%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
12.62%
|
74.5%
|
Dividend per Share
2 |
2.000
|
-
|
-
|
-
|
-
|
-
|
1.225
|
1.903
|
Announcement Date
|
13/03/20
|
16/03/21
|
15/03/22
|
14/03/23
|
19/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
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
|
---|
Net sales
1 |
2,192
|
910.6
|
766.4
|
810.9
|
698.6
|
1,332
|
539.6
|
808.9
|
1,348
|
1,019
|
826.6
|
1,846
|
765.6
|
1,039
|
1,804
|
1,220
|
976.5
|
2,196
|
890.2
|
1,064
|
1,881
|
1,239
|
975.7
|
2,153
|
804.3
|
1,052
|
EBITDA
1 |
-
|
22.6
|
-
|
335.3
|
133.1
|
-
|
70.7
|
283.9
|
354.6
|
420.3
|
201.2
|
-
|
158.3
|
323.1
|
481.4
|
478.1
|
244.5
|
-
|
212.6
|
358.9
|
-
|
463.7
|
272.8
|
-
|
219.2
|
365.4
|
EBIT
1 |
-
|
-210.2
|
-
|
116.1
|
21.5
|
-
|
-41.3
|
169.5
|
128.2
|
296.1
|
86.5
|
-
|
41.9
|
204
|
245.9
|
355.1
|
101.8
|
-
|
82.9
|
232.2
|
-
|
327.2
|
133
|
-
|
86.25
|
236.5
|
Operating Margin
|
-
|
-23.08%
|
-
|
14.32%
|
3.08%
|
-
|
-7.65%
|
20.95%
|
9.51%
|
29.05%
|
10.46%
|
-
|
5.47%
|
19.64%
|
13.63%
|
29.11%
|
10.42%
|
-
|
9.31%
|
21.83%
|
-
|
26.41%
|
13.64%
|
-
|
10.72%
|
22.47%
|
Earnings before Tax (EBT)
1 |
-
|
-308.9
|
-
|
19.9
|
-36.2
|
-
|
-144.3
|
35.4
|
-108.9
|
286.9
|
55.9
|
-
|
-42.8
|
154.5
|
111.7
|
357.3
|
84.9
|
-
|
17
|
194
|
-
|
343
|
85.25
|
-
|
-12.53
|
176.2
|
Net income
1 |
-
|
-211.3
|
-
|
20.4
|
-14.2
|
-
|
-108.1
|
59.2
|
-48.9
|
114.7
|
66.6
|
-
|
-21.6
|
102.3
|
80.7
|
235.7
|
76.8
|
-
|
16.3
|
124.9
|
-
|
209.2
|
79.37
|
-
|
-9.895
|
116.3
|
Net margin
|
-
|
-23.2%
|
-
|
2.52%
|
-2.03%
|
-
|
-20.03%
|
7.32%
|
-3.63%
|
11.25%
|
8.06%
|
-
|
-2.82%
|
9.85%
|
4.47%
|
19.32%
|
7.86%
|
-
|
1.83%
|
11.74%
|
-
|
16.88%
|
8.14%
|
-
|
-1.23%
|
11.05%
|
EPS
2 |
-
|
-
|
-
|
-
|
-0.1600
|
-
|
-1.170
|
0.6400
|
-
|
1.240
|
0.7200
|
-
|
-0.2300
|
1.110
|
0.8700
|
2.550
|
0.8400
|
-
|
0.1800
|
1.351
|
-
|
2.262
|
0.8586
|
-
|
-0.1069
|
1.257
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
13/03/20
|
04/08/20
|
16/03/21
|
03/08/21
|
15/03/22
|
15/03/22
|
10/05/22
|
09/08/22
|
09/08/22
|
08/11/22
|
14/03/23
|
14/03/23
|
04/05/23
|
08/08/23
|
08/08/23
|
07/11/23
|
19/03/24
|
19/03/24
|
14/05/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,514
|
5,883
|
7,271
|
8,340
|
9,343
|
8,678
|
8,753
|
8,546
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.825
x
|
-23.47
x
|
9.605
x
|
8.099
x
|
7.76
x
|
6.487
x
|
5.954
x
|
5.463
x
|
Free Cash Flow
1 |
-427
|
-1,381
|
-770
|
-366
|
-667
|
-528
|
63.3
|
382
|
ROE (net income / shareholders' equity)
|
9.76%
|
-16.2%
|
2.25%
|
3.46%
|
9.56%
|
9.71%
|
10%
|
9.28%
|
ROA (Net income/ Total Assets)
|
3.49%
|
-4.64%
|
0.55%
|
0.78%
|
2.15%
|
2.27%
|
2.54%
|
2.69%
|
Assets
1 |
12,038
|
14,168
|
15,165
|
16,924
|
18,249
|
19,662
|
19,720
|
19,008
|
Book Value Per Share
2 |
48.10
|
39.80
|
40.60
|
42.30
|
46.70
|
52.90
|
58.60
|
63.70
|
Cash Flow per Share
2 |
10.30
|
-2.550
|
4.220
|
8.510
|
9.340
|
9.590
|
10.40
|
11.00
|
Capex
1 |
755
|
837
|
872
|
1,153
|
1,530
|
1,475
|
1,032
|
752
|
Capex / Sales
|
20.38%
|
49.93%
|
40.68%
|
36.11%
|
38.25%
|
34.68%
|
23.65%
|
16.74%
|
Announcement Date
|
13/03/20
|
16/03/21
|
15/03/22
|
14/03/23
|
19/03/24
|
-
|
-
|
-
|
Last Close Price
48.2
EUR Average target price
59.72
EUR Spread / Average Target +23.91% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.35% | 22.6B | | -7.97% | 4.73B | | -0.20% | 4.56B | | -13.68% | 3.22B | | -11.66% | 3.19B | | -3.07% | 3.07B | | 0.00% | 2.53B | | +8.44% | 2.16B | | -0.62% | 1.81B |
Airport Operators
|