Valuation Ernst Russ AG Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 06:30:00 18/09/26 pm AEST			5-day change	1st Jan Change
10.08 ^EUR	+0.75%		+0.50%	+42.76%

09/09	Ernst Russ AG Adjusts Earnings Guidance for the Full Year of 2026	CI
25/08	Ernst Russ AG Reports Earnings Results for the Half Year Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	204.3	144.7	136.5	192.7	234.5	340.3	-	-
Change	-	-29.21%	-5.63%	41.16%	21.68%	45.11%	-	-
Enterprise Value (EV) ¹	257.1	144.7	82.85	93.57	122	334.3	293.4	266.2
Change	-	-43.73%	-42.72%	12.93%	30.38%	174.05%	-12.25%	-9.27%
P/E	12.9x	3.05x	2.45x	4.54x	3.19x	8.35x	12.5x	12.2x
PBR	2.83x	-	0.8x	0.74x	0.94x	1.16x	1.08x	1.01x
PEG	-	0x	0.2x	-0.2x	0x	-0.2x	-0.4x	4.92x
Capitalization / Revenue	2.21x	-	0.67x	1.12x	1.48x	2.17x	2.02x	1.94x
EV / Revenue	2.79x	-	0.41x	0.54x	0.77x	2.13x	1.74x	1.52x
EV / EBITDA	6.51x	-	0.71x	1.01x	0.97x	3.71x	3.83x	3.43x
EV / EBIT	8.35x	-	0.96x	1.38x	1.27x	5.36x	7.18x	6.29x
EV / FCF	7.03x	-	-	-	2.96x	6.48x	7.68x	6.49x
FCF Yield	14.2%	-	-	-	33.8%	15.4%	13%	15.4%
Dividend per Share ²	-	-	1	0.2	0.25	0.2833	0.2667	0.275
Rate of return	-	-	24.5%	3.5%	3.59%	2.81%	2.64%	2.72%
EPS ²	0.49	1.46	1.66	1.26	2.18	1.21	0.8067	0.8267
Distribution rate	-	-	60.2%	15.9%	11.5%	23.4%	33.1%	33.3%
Net sales ¹	92.28	-	202.7	172.7	158.1	156.9	168.8	175.4
EBITDA ¹	39.49	-	116.6	93	126.2	90.13	76.53	77.63
EBIT ¹	30.8	-	86.6	67.7	96.4	62.35	40.87	42.33
Net income ¹	15.78	47.27	55.08	42.47	73.48	40.6	27.23	27.87
Net Debt ¹	52.75	-	-53.66	-99.14	-112.5	-5.95	-46.9	-74.1
Reference price ²	6.30	4.46	4.08	5.72	6.96	10.10	10.10	10.10
Nbr of stocks (in thousands)	32,434	32,434	33,500	33,689	33,689	33,689	-	-
Announcement Date	24/3/22	22/3/23	18/3/24	25/3/25	24/3/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
BLACKROCK, INC.	19.21x	5.46x	11.69x	2.17%	163B
UBS GROUP AG	14.61x	3.55x	-	2.42%	156B
BANK OF NEW YORK MELLON CORPORATION (THE)	16.6x	7.41x	-	1.51%	104B
BROOKFIELD ASSET MANAGEMENT LTD.	20.27x	11.43x	16.57x	4.42%	72.56B
STATE STREET CORPORATION	13.67x	5.27x	-	1.91%	50.29B
AMERIPRISE FINANCIAL, INC.	11.97x	1.83x	5.62x	1.23%	48.2B
3I GROUP PLC	5.23x	5.41x	3.89x	3.49%	36.32B
NORTHERN TRUST CORPORATION	13.87x	5.12x	15.97x	1.9%	32.37B
Average	14.43x	5.68x	10.75x	2.38%	82.8B
Weighted average by Cap.	15.86x	5.67x	11.45x	2.34%