Market Closed -
Deutsche Boerse AG
11:44:20 22/05/2024 am IST
|
5-day change
|
1st Jan Change
|
47.4
EUR
|
-0.42%
|
|
+2.60%
|
+4.41%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
54,121
|
52,480
|
56,918
|
50,583
|
52,101
|
53,528
|
-
|
-
|
Enterprise Value (EV)
1 |
69,352
|
69,201
|
70,543
|
64,114
|
67,936
|
68,412
|
67,242
|
66,089
|
P/E ratio
|
25.2
x
|
-253
x
|
17.1
x
|
18.9
x
|
22.5
x
|
21.2
x
|
18.1
x
|
15.9
x
|
Yield
|
1.77%
|
0.77%
|
1.25%
|
1.97%
|
1.88%
|
1.85%
|
2.07%
|
2.23%
|
Capitalization / Revenue
|
2.27
x
|
2.66
x
|
2.6
x
|
1.76
x
|
1.72
x
|
1.69
x
|
1.6
x
|
1.53
x
|
EV / Revenue
|
2.9
x
|
3.51
x
|
3.22
x
|
2.23
x
|
2.24
x
|
2.16
x
|
2.01
x
|
1.89
x
|
EV / EBITDA
|
12.2
x
|
13.8
x
|
13.9
x
|
10.6
x
|
9.5
x
|
10.1
x
|
9.17
x
|
8.51
x
|
EV / FCF
|
28.6
x
|
42.3
x
|
24.7
x
|
23.7
x
|
34
x
|
30.6
x
|
23.7
x
|
20.4
x
|
FCF Yield
|
3.49%
|
2.36%
|
4.05%
|
4.22%
|
2.94%
|
3.27%
|
4.22%
|
4.9%
|
Price to Book
|
3.37
x
|
3.92
x
|
3.28
x
|
2.59
x
|
2.58
x
|
2.53
x
|
2.34
x
|
2.16
x
|
Nbr of stocks (in thousands)
|
5,70,180
|
5,75,308
|
5,75,740
|
5,75,595
|
5,66,680
|
5,63,449
|
-
|
-
|
Reference price
2 |
94.92
|
91.22
|
98.86
|
87.88
|
91.94
|
95.00
|
95.00
|
95.00
|
Announcement Date
|
12/02/20
|
10/02/21
|
16/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
23,894
|
19,724
|
21,901
|
28,694
|
30,308
|
31,722
|
33,417
|
34,934
|
EBITDA
1 |
5,670
|
5,022
|
5,087
|
6,055
|
7,154
|
6,797
|
7,333
|
7,766
|
EBIT
1 |
4,020
|
2,421
|
3,414
|
4,502
|
4,443
|
4,690
|
5,139
|
5,476
|
Operating Margin
|
16.82%
|
12.27%
|
15.59%
|
15.69%
|
14.66%
|
14.79%
|
15.38%
|
15.68%
|
Earnings before Tax (EBT)
1 |
3,284
|
157
|
4,334
|
4,170
|
2,522
|
3,734
|
4,516
|
4,903
|
Net income
1 |
2,166
|
-204
|
3,324
|
2,682
|
2,304
|
2,457
|
2,923
|
3,192
|
Net margin
|
9.07%
|
-1.03%
|
15.18%
|
9.35%
|
7.6%
|
7.75%
|
8.75%
|
9.14%
|
EPS
2 |
3.770
|
-0.3600
|
5.770
|
4.650
|
4.090
|
4.482
|
5.254
|
5.969
|
Free Cash Flow
1 |
2,422
|
1,635
|
2,857
|
2,705
|
1,996
|
2,237
|
2,841
|
3,240
|
FCF margin
|
10.14%
|
8.29%
|
13.05%
|
9.43%
|
6.59%
|
7.05%
|
8.5%
|
9.28%
|
FCF Conversion (EBITDA)
|
42.72%
|
32.56%
|
56.16%
|
44.67%
|
27.9%
|
32.92%
|
38.74%
|
41.73%
|
FCF Conversion (Net income)
|
111.82%
|
-
|
85.95%
|
100.86%
|
86.63%
|
91.05%
|
97.19%
|
101.51%
|
Dividend per Share
2 |
1.680
|
0.7000
|
1.240
|
1.730
|
1.730
|
1.759
|
1.964
|
2.120
|
Announcement Date
|
12/02/20
|
10/02/21
|
16/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
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 S1
|
2025 S2
|
---|
Net sales
1 |
12,448
|
9,243
|
10,481
|
9,971
|
-
|
5,966
|
11,930
|
6,742
|
13,485
|
9,415
|
5,794
|
15,209
|
7,632
|
9,804
|
17,436
|
8,015
|
7,779
|
15,794
|
8,184
|
8,405
|
15,237
|
8,468
|
8,121
|
16,443
|
7,156
|
15,524
|
17,104
|
EBITDA
|
-
|
-
|
2,859
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
2,239
|
827
|
1,594
|
1,628
|
-
|
802.5
|
1,786
|
-
|
2,155
|
-
|
-
|
2,347
|
-
|
-
|
1,939
|
-
|
-
|
2,504
|
-
|
-
|
2,126
|
-
|
-
|
2,673
|
-
|
-
|
-
|
Operating Margin
|
17.99%
|
8.95%
|
15.21%
|
16.33%
|
-
|
13.45%
|
14.97%
|
-
|
15.98%
|
-
|
-
|
15.43%
|
-
|
-
|
11.12%
|
-
|
-
|
15.85%
|
-
|
-
|
13.95%
|
-
|
-
|
16.26%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
1,808
|
-221
|
378
|
1,609
|
-
|
-
|
2,725
|
-
|
2,002
|
-
|
-
|
2,168
|
-
|
-
|
1,276
|
-
|
-
|
1,246
|
-
|
-
|
1,750
|
-
|
-
|
2,293
|
-
|
1,972
|
2,488
|
Net income
|
1,230
|
-297
|
93
|
1,034
|
2,048
|
242
|
2,290
|
-
|
1,265
|
-
|
-
|
1,417
|
-
|
-
|
1,156
|
-
|
-
|
1,148
|
-
|
-
|
1,216
|
-
|
-
|
1,593
|
-
|
1,370
|
1,729
|
Net margin
|
9.88%
|
-3.21%
|
0.89%
|
10.37%
|
-
|
4.06%
|
19.2%
|
-
|
9.38%
|
-
|
-
|
9.32%
|
-
|
-
|
6.63%
|
-
|
-
|
7.27%
|
-
|
-
|
7.98%
|
-
|
-
|
9.69%
|
-
|
8.83%
|
10.11%
|
EPS
|
-
|
-
|
-
|
1.800
|
-
|
-
|
-
|
-
|
2.200
|
-
|
-
|
-
|
-
|
-
|
2.040
|
-
|
-
|
-
|
-
|
-
|
2.160
|
-
|
-
|
2.820
|
-
|
2.430
|
3.070
|
Dividend per Share
|
1.040
|
-
|
0.7000
|
0.2800
|
-
|
-
|
0.9600
|
-
|
0.5000
|
-
|
-
|
1.230
|
-
|
-
|
0.6900
|
-
|
-
|
1.040
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
12/02/20
|
03/08/20
|
10/02/21
|
02/08/21
|
27/10/21
|
16/02/22
|
16/02/22
|
01/08/22
|
01/08/22
|
26/10/22
|
15/02/23
|
15/02/23
|
19/04/23
|
31/07/23
|
31/07/23
|
25/10/23
|
14/02/24
|
14/02/24
|
24/04/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
15,231
|
16,721
|
13,625
|
13,531
|
15,835
|
14,885
|
13,715
|
12,561
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.686
x
|
3.33
x
|
2.678
x
|
2.235
x
|
2.213
x
|
2.19
x
|
1.87
x
|
1.617
x
|
Free Cash Flow
1 |
2,422
|
1,635
|
2,857
|
2,705
|
1,996
|
2,237
|
2,841
|
3,240
|
ROE (net income / shareholders' equity)
|
14.1%
|
7.81%
|
13.3%
|
14.5%
|
13.3%
|
12.8%
|
13.9%
|
14.4%
|
ROA (Net income/ Total Assets)
|
4.89%
|
2.59%
|
4.46%
|
5.3%
|
4.89%
|
4.81%
|
5.68%
|
6.43%
|
Assets
1 |
44,327
|
-7,879
|
74,494
|
50,628
|
47,077
|
51,048
|
51,431
|
49,636
|
Book Value Per Share
2 |
28.10
|
23.30
|
30.20
|
34.00
|
35.60
|
37.60
|
40.60
|
44.00
|
Cash Flow per Share
2 |
7.550
|
10.90
|
7.260
|
7.810
|
7.860
|
8.760
|
9.380
|
9.830
|
Capex
1 |
1,915
|
1,501
|
1,324
|
1,791
|
2,434
|
2,750
|
2,781
|
2,842
|
Capex / Sales
|
8.01%
|
7.61%
|
6.05%
|
6.24%
|
8.03%
|
8.67%
|
8.32%
|
8.13%
|
Announcement Date
|
12/02/20
|
10/02/21
|
16/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Average target price
100.2
EUR Spread / Average Target +5.44% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.97% | 4.55TCr | | -12.82% | 3.66TCr | | +1.57% | 2.38TCr | | +12.90% | 1.93TCr | | +11.37% | 1.9TCr | | -27.22% | 1.81TCr | | -0.15% | 1.45TCr | | +15.46% | 1.36TCr | | -10.99% | 1.16TCr |
Other Brewers
|