Delayed
Deutsche Boerse AG
02:04:37 2024-07-08 am EDT
|
5-day change
|
1st Jan Change
|
0.89
EUR
|
-0.56%
|
|
+4.71%
|
-6.32%
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,824
|
1,892
|
2,269
|
2,473
|
1,485
|
1,946
|
-
|
-
|
Enterprise Value (EV)
1 |
6,896
|
4,894
|
4,959
|
5,287
|
4,251
|
4,618
|
4,732
|
4,866
|
P/E ratio
|
11.2
x
|
6.4
x
|
10.6
x
|
10.7
x
|
4.72
x
|
-7.44
x
|
-29.7
x
|
-17.4
x
|
Yield
|
7.73%
|
10.8%
|
9.44%
|
8.66%
|
-
|
-
|
-
|
2.61%
|
Capitalization / Revenue
|
2.89
x
|
1.48
x
|
1.84
x
|
2.15
x
|
1.31
x
|
1.58
x
|
1.4
x
|
1.27
x
|
EV / Revenue
|
5.22
x
|
3.83
x
|
4.02
x
|
4.59
x
|
3.76
x
|
3.75
x
|
3.39
x
|
3.17
x
|
EV / EBITDA
|
6.68
x
|
4.98
x
|
5.38
x
|
6.14
x
|
5.15
x
|
7.08
x
|
6.24
x
|
5.82
x
|
EV / FCF
|
10.8
x
|
8.76
x
|
7.03
x
|
11.9
x
|
9.19
x
|
25.2
x
|
29.5
x
|
785
x
|
FCF Yield
|
9.24%
|
11.4%
|
14.2%
|
8.38%
|
10.9%
|
3.97%
|
3.39%
|
0.13%
|
Price to Book
|
1.43
x
|
0.7
x
|
0.87
x
|
0.89
x
|
0.5
x
|
0.64
x
|
0.66
x
|
0.67
x
|
Nbr of stocks (in thousands)
|
232,580
|
230,438
|
230,216
|
230,268
|
248,619
|
474,745
|
-
|
-
|
Reference price
2 |
16.44
|
8.210
|
9.854
|
10.74
|
5.975
|
4.100
|
4.100
|
4.100
|
Announcement Date
|
7/31/19
|
7/31/20
|
7/30/21
|
7/26/22
|
7/28/23
|
-
|
-
|
-
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,321
|
1,278
|
1,234
|
1,152
|
1,131
|
1,230
|
1,395
|
1,534
|
EBITDA
1 |
1,032
|
982
|
921.9
|
861.6
|
825.5
|
652.1
|
758.4
|
836.1
|
EBIT
1 |
526.1
|
487.2
|
347.2
|
424.8
|
573.5
|
-117.9
|
68.32
|
156.6
|
Operating Margin
|
39.82%
|
38.11%
|
28.14%
|
36.89%
|
50.69%
|
-9.59%
|
4.9%
|
10.21%
|
Earnings before Tax (EBT)
1 |
433.3
|
406.7
|
252.2
|
359.9
|
482.2
|
368.5
|
280.7
|
327.5
|
Net income
1 |
340.4
|
297.6
|
214.1
|
230.8
|
314.9
|
-253
|
-65.53
|
-110
|
Net margin
|
25.77%
|
23.28%
|
17.35%
|
20.04%
|
27.84%
|
-20.57%
|
-4.7%
|
-7.17%
|
EPS
2 |
1.463
|
1.283
|
0.9300
|
1.002
|
1.267
|
-0.5510
|
-0.1382
|
-0.2350
|
Free Cash Flow
1 |
637.4
|
558.7
|
705.6
|
443.2
|
462.4
|
183.2
|
160.2
|
6.2
|
FCF margin
|
48.25%
|
43.71%
|
57.18%
|
38.49%
|
40.87%
|
14.9%
|
11.48%
|
0.4%
|
FCF Conversion (EBITDA)
|
61.74%
|
56.89%
|
76.54%
|
51.44%
|
56.01%
|
28.1%
|
21.12%
|
0.74%
|
FCF Conversion (Net income)
|
187.25%
|
187.74%
|
329.57%
|
192.03%
|
146.84%
|
-
|
-
|
-
|
Dividend per Share
2 |
1.270
|
0.8900
|
0.9300
|
0.9300
|
-
|
-
|
-
|
0.1071
|
Announcement Date
|
7/31/19
|
7/31/20
|
7/30/21
|
7/26/22
|
7/28/23
|
-
|
-
|
-
|
Fiscal Period: June |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
636.6
|
641.7
|
628.5
|
605.4
|
287.3
|
284.9
|
572.2
|
286.8
|
292.6
|
579.4
|
286.4
|
573.8
|
272
|
285.5
|
557.5
|
274
|
298.7
|
572.6
|
651.7
|
EBITDA
|
495.5
|
486.5
|
482.1
|
-
|
-
|
-
|
435.7
|
-
|
-
|
425.9
|
-
|
419
|
-
|
-
|
406.5
|
-
|
-
|
365.6
|
-
|
EBIT
|
225.3
|
261.9
|
214.2
|
-
|
-
|
-
|
276.4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
35.39%
|
40.81%
|
34.08%
|
-
|
-
|
-
|
48.3%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
164.6
|
-
|
-
|
-
|
-
|
241.9
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
156.9
|
137.4
|
-
|
-
|
-
|
166
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
24.45%
|
21.86%
|
-
|
-
|
-
|
29.01%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
0.6780
|
-
|
-
|
-
|
-
|
0.7210
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/14/20
|
7/31/20
|
2/12/21
|
7/30/21
|
10/28/21
|
2/17/22
|
2/17/22
|
5/12/22
|
7/26/22
|
7/26/22
|
2/17/23
|
2/17/23
|
5/11/23
|
7/28/23
|
7/28/23
|
10/26/23
|
2/16/24
|
2/16/24
|
-
|
Fiscal Period: June |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,073
|
3,002
|
2,691
|
2,814
|
2,766
|
2,671
|
2,785
|
2,920
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.976
x
|
3.057
x
|
2.918
x
|
3.266
x
|
3.35
x
|
4.096
x
|
3.672
x
|
3.493
x
|
Free Cash Flow
1 |
637
|
559
|
706
|
443
|
462
|
183
|
160
|
6.2
|
ROE (net income / shareholders' equity)
|
12.7%
|
11.1%
|
8.12%
|
8.56%
|
10.9%
|
-6.22%
|
0.6%
|
2.11%
|
ROA (Net income/ Total Assets)
|
4.23%
|
3.75%
|
2.88%
|
3.11%
|
4.2%
|
4.2%
|
3.03%
|
3.4%
|
Assets
1 |
8,043
|
7,936
|
7,430
|
7,426
|
7,492
|
-6,025
|
-2,160
|
-3,240
|
Book Value Per Share
2 |
11.50
|
11.60
|
11.40
|
12.10
|
12.00
|
6.420
|
6.230
|
6.140
|
Cash Flow per Share
2 |
3.650
|
3.350
|
3.860
|
3.480
|
2.960
|
3.130
|
3.100
|
3.210
|
Capex
1 |
211
|
220
|
183
|
177
|
271
|
595
|
739
|
792
|
Capex / Sales
|
15.96%
|
17.23%
|
14.86%
|
15.39%
|
23.92%
|
48.33%
|
52.94%
|
51.59%
|
Announcement Date
|
7/31/19
|
7/31/20
|
7/30/21
|
7/26/22
|
7/28/23
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Average target price
3.77
EUR Spread / Average Target -8.05% Consensus |
1st Jan change
|
Capi.
|
---|
| -14.87% | 146B | | -23.28% | 7.72B | | +11.95% | 5.04B | | -35.33% | 3.23B | | -16.58% | 2.35B | | -32.47% | 2.47B | | +100.66% | 1.8B | | +28.94% | 1.55B | | -22.61% | 1.34B |
Satellite Service Operators
|