Market Closed -
Deutsche Boerse AG
14:15:05 2024-06-07 EDT
|
5-day change
|
1st Jan Change
|
19.5
EUR
|
+3.70%
|
|
+1.83%
|
+33.02%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,877,049
|
3,416,596
|
4,619,678
|
6,792,741
|
6,808,344
|
13,169,636
|
-
|
-
|
Enterprise Value (EV)
1 |
8,600,617
|
8,898,402
|
10,113,686
|
11,542,936
|
11,278,853
|
14,342,682
|
16,370,625
|
16,664,333
|
P/E ratio
|
8.25
x
|
6.58
x
|
26.8
x
|
7.24
x
|
5.87
x
|
15.2
x
|
12.4
x
|
13.8
x
|
Yield
|
4.07%
|
5.76%
|
4.28%
|
3.26%
|
3.79%
|
2.01%
|
2.88%
|
2.96%
|
Capitalization / Revenue
|
0.3
x
|
0.23
x
|
0.36
x
|
0.39
x
|
0.32
x
|
0.73
x
|
0.67
x
|
0.69
x
|
EV / Revenue
|
0.53
x
|
0.6
x
|
0.78
x
|
0.67
x
|
0.52
x
|
0.73
x
|
0.83
x
|
0.87
x
|
EV / EBITDA
|
10.3
x
|
11
x
|
13.8
x
|
9.13
x
|
7.34
x
|
11.3
x
|
10.8
x
|
11.2
x
|
EV / FCF
|
22.7
x
|
17
x
|
16.1
x
|
13
x
|
6.44
x
|
19.2
x
|
17.3
x
|
22.3
x
|
FCF Yield
|
4.41%
|
5.89%
|
6.22%
|
7.7%
|
15.5%
|
5.22%
|
5.78%
|
4.48%
|
Price to Book
|
0.86
x
|
0.65
x
|
0.82
x
|
0.99
x
|
0.84
x
|
1.58
x
|
1.41
x
|
1.32
x
|
Nbr of stocks (in thousands)
|
4,759,645
|
4,472,960
|
4,427,807
|
4,429,086
|
4,299,102
|
4,055,940
|
-
|
-
|
Reference price
2 |
1,025
|
763.8
|
1,043
|
1,534
|
1,584
|
3,247
|
3,247
|
3,247
|
Announcement Date
|
5/9/19
|
5/8/20
|
5/7/21
|
5/10/22
|
5/9/23
|
5/2/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
16,103,763
|
14,779,734
|
12,884,521
|
17,264,828
|
21,571,973
|
19,567,601
|
19,606,174
|
19,203,285
|
EBITDA
1 |
834,998
|
806,312
|
731,229
|
1,263,768
|
1,535,738
|
1,266,757
|
1,519,096
|
1,489,789
|
EBIT
1 |
584,489
|
357,899
|
207,399
|
718,725
|
952,444
|
667,427
|
938,105
|
792,926
|
Operating Margin
|
3.63%
|
2.42%
|
1.61%
|
4.16%
|
4.42%
|
3.41%
|
4.78%
|
4.13%
|
Earnings before Tax (EBT)
1 |
851,813
|
648,864
|
253,527
|
1,293,116
|
1,680,631
|
1,362,594
|
1,454,664
|
1,309,180
|
Net income
1 |
590,737
|
535,353
|
172,550
|
937,529
|
1,180,694
|
964,034
|
1,019,952
|
939,814
|
Net margin
|
3.67%
|
3.62%
|
1.34%
|
5.43%
|
5.47%
|
4.93%
|
5.2%
|
4.89%
|
EPS
2 |
124.1
|
116.2
|
38.95
|
211.7
|
269.8
|
230.1
|
260.9
|
236.1
|
Free Cash Flow
1 |
378,994
|
523,714
|
628,569
|
888,294
|
1,752,672
|
845,676
|
946,986
|
746,929
|
FCF margin
|
2.35%
|
3.54%
|
4.88%
|
5.15%
|
8.12%
|
4.28%
|
4.83%
|
3.89%
|
FCF Conversion (EBITDA)
|
45.39%
|
64.95%
|
85.96%
|
70.29%
|
114.13%
|
58.82%
|
62.34%
|
50.14%
|
FCF Conversion (Net income)
|
64.16%
|
97.83%
|
364.28%
|
94.75%
|
148.44%
|
86.03%
|
92.85%
|
79.48%
|
Dividend per Share
2 |
41.67
|
44.00
|
44.67
|
50.00
|
60.00
|
70.00
|
93.63
|
96.07
|
Announcement Date
|
5/9/19
|
5/8/20
|
5/7/21
|
5/10/22
|
5/9/23
|
5/2/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
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
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
---|
Net sales
1 |
7,723,892
|
5,728,347
|
3,793,730
|
3,933,005
|
7,726,735
|
4,644,403
|
4,893,690
|
9,538,093
|
5,443,439
|
5,278,439
|
10,721,878
|
5,562,666
|
5,287,429
|
-
|
4,735,665
|
4,825,346
|
9,561,011
|
5,144,571
|
5,140,633
|
4,925,092
|
5,018,360
|
5,350,354
|
EBITDA
1 |
-
|
-
|
217,225
|
242,566
|
-
|
369,202
|
434,775
|
-
|
540,463
|
278,047
|
-
|
354,770
|
362,458
|
-
|
377,485
|
259,452
|
-
|
362,572
|
325,049
|
396,404
|
399,029
|
413,589
|
EBIT
1 |
192,095
|
73,303
|
82,363
|
108,581
|
190,944
|
233,114
|
294,667
|
527,781
|
399,776
|
136,070
|
535,846
|
209,200
|
207,398
|
-
|
231,875
|
109,599
|
341,474
|
214,572
|
177,392
|
246,255
|
250,918
|
267,518
|
Operating Margin
|
2.49%
|
1.28%
|
2.17%
|
2.76%
|
2.47%
|
5.02%
|
6.02%
|
5.53%
|
7.34%
|
2.58%
|
5%
|
3.76%
|
3.92%
|
-
|
4.9%
|
2.27%
|
3.57%
|
4.17%
|
3.45%
|
5%
|
5%
|
5%
|
Earnings before Tax (EBT)
|
356,440
|
143,477
|
247,775
|
-
|
499,365
|
407,195
|
386,556
|
793,751
|
739,293
|
-
|
1,006,419
|
337,854
|
336,358
|
-
|
444,700
|
-
|
674,186
|
331,031
|
359,800
|
-
|
-
|
-
|
Net income
1 |
242,359
|
86,687
|
187,572
|
172,988
|
360,560
|
284,208
|
292,761
|
576,969
|
533,951
|
186,055
|
720,006
|
235,753
|
224,935
|
460,688
|
317,721
|
148,355
|
466,076
|
230,538
|
290,062
|
330,250
|
114,042
|
162,326
|
Net margin
|
3.14%
|
1.51%
|
4.94%
|
4.4%
|
4.67%
|
6.12%
|
5.98%
|
6.05%
|
9.81%
|
3.52%
|
6.72%
|
4.24%
|
4.25%
|
-
|
6.71%
|
3.07%
|
4.87%
|
4.48%
|
5.64%
|
6.71%
|
2.27%
|
3.03%
|
EPS
2 |
51.66
|
19.56
|
42.36
|
39.06
|
81.42
|
64.17
|
66.10
|
130.3
|
120.7
|
42.10
|
162.8
|
54.14
|
52.11
|
-
|
74.52
|
35.52
|
110.0
|
55.39
|
81.13
|
81.27
|
28.40
|
40.92
|
Dividend per Share
2 |
-
|
22.33
|
-
|
23.67
|
23.67
|
-
|
26.33
|
-
|
-
|
25.67
|
25.67
|
-
|
34.33
|
-
|
-
|
35.00
|
35.00
|
-
|
35.00
|
-
|
42.50
|
-
|
Announcement Date
|
11/6/19
|
11/5/20
|
8/3/21
|
11/5/21
|
11/5/21
|
2/3/22
|
5/10/22
|
5/10/22
|
8/2/22
|
11/8/22
|
11/8/22
|
2/3/23
|
5/9/23
|
5/9/23
|
8/3/23
|
11/2/23
|
11/2/23
|
2/6/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,723,568
|
5,481,806
|
5,494,008
|
4,750,195
|
4,470,509
|
3,041,671
|
3,200,989
|
3,494,697
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.459
x
|
6.799
x
|
7.513
x
|
3.759
x
|
2.911
x
|
2.116
x
|
2.107
x
|
2.346
x
|
Free Cash Flow
1 |
378,994
|
523,714
|
628,569
|
888,294
|
1,752,672
|
845,676
|
946,986
|
746,929
|
ROE (net income / shareholders' equity)
|
10.7%
|
9.8%
|
3.2%
|
15%
|
15.8%
|
11.3%
|
11.3%
|
9.93%
|
ROA (Net income/ Total Assets)
|
5.23%
|
3.75%
|
1.38%
|
6.38%
|
7.63%
|
5.97%
|
3.39%
|
4.06%
|
Assets
1 |
11,293,673
|
14,266,341
|
12,483,722
|
14,698,590
|
15,478,462
|
16,135,378
|
30,130,357
|
23,144,582
|
Book Value Per Share
2 |
1,196
|
1,174
|
1,268
|
1,553
|
1,883
|
2,207
|
2,299
|
2,453
|
Cash Flow per Share
2 |
177.0
|
213.0
|
157.0
|
335.0
|
403.0
|
373.0
|
301.0
|
351.0
|
Capex
1 |
218,580
|
326,014
|
388,981
|
393,833
|
454,954
|
593,530
|
463,628
|
602,080
|
Capex / Sales
|
1.36%
|
2.21%
|
3.02%
|
2.28%
|
2.11%
|
3%
|
2.36%
|
3.14%
|
Announcement Date
|
5/9/19
|
5/8/20
|
5/7/21
|
5/10/22
|
5/9/23
|
5/2/24
|
-
|
-
|
Last Close Price
3,247
JPY Average target price
3,602
JPY Spread / Average Target +10.93% Consensus |