⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
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Deutsche Börse DB1.DE

Germany Financial Services
6.5/10
AI Analyst score
286.70 EUR
Last price at analysis date · analyst target 292.15 (+1.9%)
🛒 Where to buy DB1.DEPartner brokers · Germany (Xetra) · sample 200.00 € orderGermany (Xetra)
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🟡 HOLD — Hold positions; business quality justifies the premium, but the margin of safety is limited at current levels.

Deutsche Börse operates stock exchanges and derivatives markets, and offers financial data, clearing, and settlement services globally. Deutsche Börse shows solid fundamentals with an operating margin of 41.95% and an ROE of 20.41%, although its valuation (P/E 24.74) already discounts these strengths, limiting upside potential.

Financial health
6.0
Quality / Moat
9.0
Valuation
2.1
Growth
6.9
Dividend
5.6
Momentum
7.9
Risk & Context
8.6

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E24.74
Fwd P/E21.08
EV/EBITDA16.77
P/B4.99
P/S6.67
PEG3.29
Market cap51.69 B EUR
Enterprise value56.13 B EUR
🏰 Quality and moat
ROIC (approx.)19.6%
Gross margin80.47%
FCF conversion65%
Operating margin41.95%
📈 Profitability and margins
ROE20.41%
ROA0.56%
Net margin27.29%
FCF2.18 B EUR
FCF yield4.22%
🏦 Solvency and liquidity
Total debt6.19 B EUR
Net debt4.41 B EUR
Cash1.78 B EUR
EBITDA3.35 B EUR
Net debt / EBITDA1.32
D/E57.65
Current ratio1.01
Quick ratio0.01
🚀 Growth
Revenue growth11.70%
Earnings growth13.70%
EPS (TTM)11.59 EUR
EPS (Fwd)13.60 EUR
💰 Dividend and risk
Dividend yield1.46%
Payout36.2%
Beta0.31
Analyst consensusBuy (13)
Target price292.15 EUR
52-week range200.10 EUR – 291.80 EUR
⚠️ Main risk: The main risk is dependence on trading volumes and M&A activity, which are cyclical and sensitive to market confidence; a global economic slowdown could reduce transaction revenues.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Deutsche Börse operates stock exchanges and derivatives markets, and offers financial data, clearing, and settlement services globally. Deutsche Börse shows solid fundamentals with an operating margin of 41.95% and an ROE of 20.41%, although its valuation (P/E 24.74) already discounts these strengths, limiting upside potential.

Score by category

CategoryScore
Financial health6.0
Quality / Moat9.0
Valuation2.1
Growth6.9
Dividend5.6
Momentum7.9
Risk & Context8.6

OVERALL SCORE: 6.5/10

Context and risks

Moderate regulatory risk in Germany due to active financial supervision (ESMA/BaFin) over market infrastructures, although without specific open litigation or investigations against the company.

News considered in the analysis

  • Euronext, Deutsche Boerse Shares Rise After CEO’s Merger Comments — Comentarios sobre fusiones podrían indicar consolidación del sector, pero es especulativo y sin detalles concretos.
  • Deutsche Boerse AG (DBOEF) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and ... — Resultados del segundo trimestre con fuerte crecimiento de ingresos, ya reflejado en el momentum positivo de la acción.
  • Germany's $125 Billion Deal Boom Puts M&A Back in Focus — El auge de M&A en Alemania beneficia directamente a Deutsche Börse por mayores volúmenes de transacciones y servicios de datos.
  • CME Stock Nears 52-Week Low After a 19.8% Drop: Time to Hold or Exit? — Noticia sobre un competidor (CME) sin impacto directo en Deutsche Börse.
  • Rock Tech Lithium Shares Begin Trading on Xetra in Germany — Hecho menor que no afecta materialmente a los fundamentales de Deutsche Börse.

Verdict: Hold positions; business quality justifies the premium, but the margin of safety is limited at current levels.

Main risk: The main risk is dependence on trading volumes and M&A activity, which are cyclical and sensitive to market confidence; a global economic slowdown could reduce transaction revenues.

Other Financial Services companies

Neighbours in the sector ranking, to compare without going back to the index.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.