OTCMDBOEY
Market cap42bUSD
Dec 20, Last price
23.37USD
1D
0.82%
1Q
0.73%
Jan 2017
194.07%
Name
Deutsche Boerse AG
Chart & Performance
Profile
Deutsche Börse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific. The company operates through seven segments: Eurex (Financial Derivatives), EEX (Commodities), 360T (Foreign Exchange), Xetra (Cash Equities), Clearstream (Post-Trading), IFS (Investment Fund Services), and Qontigo (index and analytics business). The company engages in the electronic trading of derivatives, electricity and gas products, emission rights, and foreign exchange; operating of Eurex Repo over the counter (OTC) trading platform and electronic clearing architecture; and operating as a central counterparty for on-and-off exchange derivatives, repo transactions, and OTC and exchange-traded derivatives. It also operates in the cash market through Xetra, Börse Frankfurt, and Tradegate trading venues; operates as a central counterparty for equities and bonds; and provides listing services. In addition, the company offers custody and settlement services for securities; investment fund services; global securities financing services; and collateral management, as well as secured money, market transaction, and repos and securities lending transaction services. Further, it develops and markets indices, as well as portfolio management and risk analysis software; markets licenses for trading and market signals; provides technology and reporting solutions for external customers; and offers link-up of trading participants. Deutsche Börse AG was founded in 1585 and is headquartered in Eschborn, Germany.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 6,096,100 16.67% | 5,225,300 19.75% | 4,363,400 17.38% | |||||||
Cost of revenue | 4,158,600 | 2,615,100 | 2,302,300 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,937,500 | 2,610,200 | 2,061,100 | |||||||
NOPBT Margin | 31.78% | 49.95% | 47.24% | |||||||
Operating Taxes | 654,900 | 543,300 | 444,400 | |||||||
Tax Rate | 33.80% | 20.81% | 21.56% | |||||||
NOPAT | 1,282,600 | 2,066,900 | 1,616,700 | |||||||
Net income | 1,724,000 15.36% | 1,494,400 23.53% | 1,209,700 12.02% | |||||||
Dividends | (661,500) | (587,600) | (550,600) | |||||||
Dividend yield | 1.92% | 1.98% | 2.04% | |||||||
Proceeds from repurchase of equity | 11,900 | 3,646,200 | ||||||||
BB yield | -0.04% | -13.48% | ||||||||
Debt | ||||||||||
Debt current | 1,243,500 | 823,300 | 2,863,700 | |||||||
Long-term debt | 7,949,800 | 5,015,600 | 3,947,100 | |||||||
Deferred revenue | 186,600 | 9,806,500 | ||||||||
Other long-term liabilities | 8,726,200 | 9,075,000 | 17,500 | |||||||
Net debt | (133,623,000) | (7,688,100) | (7,673,500) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,549,000 | 2,483,600 | 908,900 | |||||||
CAPEX | (267,900) | (325,200) | (206,400) | |||||||
Cash from investing activities | (3,997,200) | (1,406,500) | (2,168,000) | |||||||
Cash from financing activities | 2,293,400 | (951,100) | 798,700 | |||||||
FCF | 1,308,200 | 2,029,400 | 1,553,400 | |||||||
Balance | ||||||||||
Cash | 140,499,000 | 138,233,400 | 110,974,500 | |||||||
Long term investments | 2,317,300 | (124,706,400) | (96,490,200) | |||||||
Excess cash | 142,511,495 | 13,265,735 | 14,266,130 | |||||||
Stockholders' equity | 10,451,200 | 15,083,700 | 6,902,600 | |||||||
Invested Capital | 17,099,200 | 10,023,865 | 16,701,400 | |||||||
ROIC | 9.46% | 15.47% | 10.85% | |||||||
ROCE | 7.03% | 11.02% | 8.61% | |||||||
EV | ||||||||||
Common stock shares outstanding | 184,589 | 183,986 | 183,914 | |||||||
Price | 186.35 15.46% | 161.40 9.72% | 147.10 5.64% | |||||||
Market cap | 34,398,173 15.84% | 29,695,263 9.76% | 27,053,813 5.90% | |||||||
EV | (98,786,127) | 29,540,263 | 19,990,713 | |||||||
EBITDA | 2,314,400 | 2,965,800 | 2,354,800 | |||||||
EV/EBITDA | 9.96 | 8.49 | ||||||||
Interest | 110,900 | 90,300 | 70,600 | |||||||
Interest/NOPBT | 5.72% | 3.46% | 3.43% |