Deutsche Börse AG (LON:0H3T)

Deutsche Börse AG Statistics

Total Valuation

LON:0H3T has a market cap or net worth of GBP 40.52 billion. The enterprise value is 44.79 billion.

Market Cap	40.52B
Enterprise Value	44.79B

Important Dates

The last earnings date was Thursday, July 24, 2025.

Earnings Date	Jul 24, 2025
Ex-Dividend Date	May 15, 2025

Share Statistics

Current Share Class	183.27M
Shares Outstanding	n/a
Shares Change (YoY)	-0.07%
Shares Change (QoQ)	+0.23%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	183.26M

Valuation Ratios

The trailing PE ratio is 23.80 and the forward PE ratio is 23.33.

PE Ratio	23.80
Forward PE	23.33
PS Ratio	6.54
PB Ratio	4.29
P/TBV Ratio	n/a
P/FCF Ratio	19.90
P/OCF Ratio	19.42
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.02, with an EV/FCF ratio of 21.99.

EV / Earnings	26.31
EV / Sales	7.18
EV / EBITDA	16.02
EV / EBIT	17.52
EV / FCF	21.99

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.56.

Current Ratio	1.01
Quick Ratio	0.02
Debt / Equity	0.56
Debt / EBITDA	1.93
Debt / FCF	2.62
Interest Coverage	16.91

Financial Efficiency

Return on equity (ROE) is 19.76% and return on invested capital (ROIC) is 10.59%.

Return on Equity (ROE)	19.76%
Return on Assets (ROA)	0.67%
Return on Invested Capital (ROIC)	10.59%
Return on Capital Employed (ROCE)	10.69%
Revenue Per Employee	391,315
Profits Per Employee	107,502
Employee Count	15,495
Asset Turnover	0.03
Inventory Turnover	n/a

Taxes

In the past 12 months, LON:0H3T has paid 626.01 million in taxes.

Income Tax	626.01M
Effective Tax Rate	25.88%

Stock Price Statistics

The stock price has increased by +37.90% in the last 52 weeks. The beta is 0.53, so LON:0H3T's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	+37.90%
50-Day Moving Average	266.10
200-Day Moving Average	252.68
Relative Strength Index (RSI)	42.93
Average Volume (20 Days)	109,274

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, LON:0H3T had revenue of GBP 6.20 billion and earned 1.70 billion in profits. Earnings per share was 9.24.

Revenue	6.20B
Gross Profit	5.08B
Operating Income	2.53B
Pretax Income	2.42B
Net Income	1.70B
EBITDA	2.70B
EBIT	2.53B
Earnings Per Share (EPS)	9.24

Balance Sheet

The company has 1.49 billion in cash and 5.33 billion in debt, giving a net cash position of -3.84 billion.

Cash & Cash Equivalents	1.49B
Total Debt	5.33B
Net Cash	-3.84B
Net Cash Per Share	n/a
Equity (Book Value)	9.45B
Book Value Per Share	49.37
Working Capital	2.90B

Cash Flow

In the last 12 months, operating cash flow was 2.09 billion and capital expenditures -50.49 million, giving a free cash flow of 2.04 billion.

Operating Cash Flow	2.09B
Capital Expenditures	-50.49M
Free Cash Flow	2.04B
FCF Per Share	n/a

Margins

Gross margin is 82.02%, with operating and profit margins of 40.87% and 27.47%.

Gross Margin	82.02%
Operating Margin	40.87%
Pretax Margin	39.03%
Profit Margin	27.47%
EBITDA Margin	43.54%
EBIT Margin	40.87%
FCF Margin	32.87%

Dividends & Yields

This stock pays an annual dividend of 3.37, which amounts to a dividend yield of 1.31%.

Dividend Per Share	3.37
Dividend Yield	1.31%
Dividend Growth (YoY)	3.35%
Years of Dividend Growth	3
Payout Ratio	36.96%
Buyback Yield	0.07%
Shareholder Yield	1.38%
Earnings Yield	4.20%
FCF Yield	5.03%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 11, 2007. It was a forward split with a ratio of 2.

Last Split Date	Jun 11, 2007
Split Type	Forward
Split Ratio	2

Scores

LON:0H3T has an Altman Z-Score of 0.21 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.21
Piotroski F-Score	6