Deutsche Bank AG DBK StarRatingValueLabel_2Niklas Kammer, CFA - Equity Analyst - Morningstar Inc.

Last Price
16.66
Day Change
1.26|8.18%

As of 25/04/2024
17:44:40 CEST | EUR  Minimum 15 Minutes Delay.

Bid/OfferDay RangeVolume90d Ave VolMkt Cap
16.66 - 16.6615.00 - 16.7132,183,0938,821,49130.68Bil
Last Close52 Week RangeP/EYield %ISIN
15.408.90 - 16.715.561.95DE0005140008

Deutsche Bank AG Share Price

Morningstar's Take DBK

Deutsche Bank has successfully halted the detrimental spiral of faster declining revenue. In the process, the bank has shed its global equities sales and trading business, downscaled its fixed income trading business, and materially reduced its workforce. The bank now focuses on its core basics, providing services to its customers globally within its corporate banking, private banking, investment banking, and asset management segments.

Fair Value Estimate

13.00 EUR

Uncertainty

+ Avg

Economic Moat

None
There is no one analyst in which a Quantitative Fair Value Estimate is attributed to; however, Mr. Lee Davidson, Head of Quantitative Research for Morningstar, Inc., is responsible for overseeing the methodology that supports the quantitative fair value. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. For information regarding Conflicts of Interests, click here.
Niklas Kammer, CFA - Equity Analyst - Morningstar Inc.
The conduct of Morningstar's analysts is governed by Morningstar's Code of Ethics, Securities Trading and Disclosure Policy, and Investment Research Integrity Policy. For information regarding conflicts of interest, please click here.
Fair Value is derived from a detailed projection of a company’s future cash flows. Analysts create custom industry and company assumptions to feed income statement, balance sheet, and capital investment assumptions into a proprietary discounted cash flow modeling template. Scenario analysis, in-depth competitive advantage analysis, and a variety of other analytical tools are used to augment the discounted cash flow process. Combining analysts’ financial forecasts with the firm’s economic moat helps us assess how long returns on invested capital are likely to exceed the firm’s cost of capital. Because we are modeling free cash flow to the firm—representing cash available to provide a return to all capital providers—we discount future cash flows using the weighted average of the costs of equity, debt, and preferred stock (and any other funding sources), using expected future proportionate long-term, market-value weights. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Qualitative Fair Value, please click here.
Financials
202120222023
more...
Income Statement
Revenue25,303.0026,656.0031,236.00
Operating Income---
Net Income2,365.005,525.006,332.00
Basic EPS0.962.422.83
Avg. Diluted Shares Outstanding2,1432,1262,104
Balance Sheet
Current Assets---
Non Current Assets---
Total Assets1,323,993.001,336,788.001,317,266.00
Current Liabilities---
Total Liabilities---
Total Equity66,333.0070,537.0074,568.00
Cash Flow
Operating Cash Flow-2,952.00-2,113.005,606.00
Capital Expenditure-550.00-337.00-422.00
Free Cash Flow-3,502.00-2,450.005,184.00

In millions, except "Basic EPS". Currency is EUR.

Company Profile

Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.

Sector

Financial Services

Industry

Banks - Regional

Stock Style

Large-Value

Fiscal Year Ends

December

Employees

90,130
Key Stats
more...
Price/Earning TTM5.44
Price/Book0.41
Price/Sales TTM1.15
Rev Growth (3 year avg)9.50
EPS Growth (3 year avg)-
Operating Margin % TTM-
Net Margin % TTM20.27
ROE TTM8.04
Debt/Equity1.81
Dividends
PreviousLatest
Declared Date03/02/2309/02/24
Ex-Div18/05/2317/05/24
Paid22/05/2321/05/24
Amnt0.300.45
Niklas Kammer, CFA - Equity Analyst - Morningstar Inc.
The conduct of Morningstar's analysts is governed by Morningstar's Code of Ethics, Securities Trading and Disclosure Policy, and Investment Research Integrity Policy. For information regarding conflicts of interest, please click here.
Fair Value is derived from a detailed projection of a company’s future cash flows. Analysts create custom industry and company assumptions to feed income statement, balance sheet, and capital investment assumptions into a proprietary discounted cash flow modeling template. Scenario analysis, in-depth competitive advantage analysis, and a variety of other analytical tools are used to augment the discounted cash flow process. Combining analysts’ financial forecasts with the firm’s economic moat helps us assess how long returns on invested capital are likely to exceed the firm’s cost of capital. Because we are modeling free cash flow to the firm—representing cash available to provide a return to all capital providers—we discount future cash flows using the weighted average of the costs of equity, debt, and preferred stock (and any other funding sources), using expected future proportionate long-term, market-value weights. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Qualitative Fair Value, please click here.