- Deutsche Boerse’s Second Quarter Ebitda reached EU890.6 million, marking a 5% increase year-on-year and broadly meeting the market’s estimate of EU894.1 million.
- The Investment Management Solutions segment saw Ebitda of EU101.8 million, a 17% increase from last year, but fell short of the EU115.4 million forecast.
- Trading & Clearing achieved Ebitda of EU422.5 million, outperforming expectations with a 12% year-on-year increase.
- Fund Services reported Ebitda of EU82.8 million, up by 22% year-on-year, exceeding the estimated EU75.2 million.
- Securities Services Ebitda was EU283.5 million, a 10% decrease, underperforming the expected EU301.4 million.
- Net income rose to EU508.7 million, slightly higher than the forecasted EU501.5 million, reflecting a 2% year-on-year increase.
- Basic EPS was EU2.77, meeting estimates and slightly surpassing last year’s EU2.72.
- Cash EPS reached EU2.96, beating the estimate of EU2.79 and up from EU2.91 year-on-year.
- Ebit rose to EU765.5 million, a 6.3% increase year-on-year, ahead of the EU747.9 million estimate.
- Pretax profit stood at EU726.3 million, surpassing expectations and reflecting a 6.4% growth from the previous year.
- Net revenue was EU1.50 billion, a 3.8% year-on-year increase, in line with estimates.
- Investment Management Solutions net revenue was EU308.0 million, up by 1.3% but below the forecast of EU319.8 million.
- Trading & Clearing net revenue amounted to EU666.1 million, a 9.8% increase, outperforming the projected EU649.9 million.
- Fund Services net revenue reached EU136.0 million, a 12% year-on-year rise, surpassing the estimate of EU131.4 million.
- Securities Services net revenue decreased by 5.4% to EU394.8 million, slightly below the EU399.4 million estimate.
- Deutsche Boerse forecasts Ebitda to remain around EU2.7 billion, noticeably lower than the market’s expectation of EU3.54 billion.
- Net revenue is still expected to be approximately EU5.2 billion, which falls short of the EU6.08 billion estimate.
- Analyst recommendations consist of 11 buys, 12 holds, and 1 sell.
A look at Deutsche Boerse Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Deutsche Boerse AG, a company providing stock exchange services to institutions and private investors, has a mixed outlook according to Smartkarma Smart Scores. With a Value score of 2, the company is considered fair in terms of valuation. Its Dividend score of 3 suggests a moderate outlook for dividend payments. In terms of Growth, Deutsche Boerse scores a solid 4, indicating potential for expansion. The company’s Resilience score of 5 highlights its strength in weathering market challenges. Additionally, with a Momentum score of 4, Deutsche Boerse shows positive short-term price trends.
Overall, Deutsche Boerse appears to have a promising long-term outlook. Its strong Resilience score suggests the company’s ability to navigate difficult market conditions, while the Growth score reflects potential for future expansion. Although the Value score is moderate, the company’s overall positive momentum indicates favorable short-term performance. Investors may find Deutsche Boerse an attractive option for a balanced mix of growth potential and stability in the stock exchange services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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