DEUTSCHE BÖRSE AG

DB1
Real-time Estimate Quote. Real-time Estimate  - 05/26 03:59:01 pm
163.875EUR +0.38%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 26 99630 068
Enterprise Value (EV)1 29 50632 198
P/E ratio 21,1x21,6x
Yield 2,18%2,22%
Capitalization / Revenue 7,69x7,67x
EV / Revenue 8,41x8,22x
EV / EBITDA 14,4x13,8x
Price to Book 3,75x3,73x
Nbr of stocks (in thousands) 183 521183 619
Reference price (EUR) 147164
Announcement Date 02/09/2022-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 3 5103 918
EBITDA1 2 0432 332
Operating profit (EBIT)1 1 7491 993
Operating Margin 49,8%50,9%
Pre-Tax Profit (EBT)1 1 7091 974
Net income1 1 2101 386
Net margin 34,5%35,4%
EPS2 6,987,57
Dividend per Share2 3,203,64
Announcement Date 02/09/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 2 5102 131
Net Cash position1 --
Leverage (Debt / EBITDA) 1,23x0,91x
Free Cash Flow1 7031 479
ROE (Net Profit / Equities) 18,1%18,4%
Shareholders' equity1 6 6817 537
ROA (Net Profit / Asset) 0,64%0,65%
Assets1 187 798213 694
Book Value Per Share2 39,243,9
Cash Flow per Share2 4,949,54
Capex1 206224
Capex / Sales 5,88%5,71%
Announcement Date 02/09/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 30 068 M € -
Enterprise Value (EV) 32 198 M € 31 536 M €
Valuation 2022e 2023e
P/E ratio (Price / EPS) 21,6x 20,0x
Capitalization / Revenue 7,67x 7,21x
EV / Revenue 8,22x 7,72x
EV / EBITDA 13,8x 12,8x
Yield (DPS / Price) 2,22% 2,39%
Price to book (Price / BVPS) 3,73x 3,31x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 50,9% 52,4%
Operating Leverage (Delta EBIT / Delta Sales) 1,20x 1,48x
Net Margin (Net Profit / Revenue) 35,4% 36,3%
ROA (Net Profit / Asset) 0,65% 0,71%
ROE (Net Profit / Equities) 18,4% 17,9%
Rate of Dividend 48,0% 47,7%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   5,71% 5,73%
Cash Flow / CA 44,7% 44,6%
Capital Intensity (Assets / Revenue) 54,5x 50,8x
Financial Leverage (Net Debt / EBITDA) 0,91x 0,59x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend