flatex AG (Formerly FinTech Group AG)

Germany Country flag Germany
Sector: Investment Services
Ticker: FTK
ISIN: DE000FTG1111
Factsheet Factsheet

Market multiple valuation of flatex AG ( FTK | DEU)

The most common multiple used in the valuation of stocks is the P/Earnings NTM multiple (Price to Earnings). P/E relates the current share price with the market expectations in terms of Earnings Per Share. This multiple is used to compare a company's market value with its earnings. A company with a high P/Earnings NTM is considered to be overvalued; a company with a low P/Earnings NTM is considered to be undervalued.
The P/Earnings NTM ratio of flatex AG is significantly higher than the median of its peer group: around 11.00. The company valuation of flatex AG according to these metrics is way above the market valuation of its peer group.
The P/Earnings NTM ratio of flatex AG is significantly higher than the average of its sector (Investment Services): 14.23. The company valuation of flatex AG according to these metrics is way above the market valuation of its sector.
The P/Earnings NTM ratio of flatex AG is significantly higher than its historical 5-year average: 15.6. The (current) company valuation of flatex AG is therefore way above its valuation average over the last five years.

Valuation
P/E Last P/E (e) 2020P/E NTM
flatex AGFree trialFree trialFree trial
International PeersFree trialFree trialFree trial
Investment Services11.1314.7814.23
DAX 3017.8421.8317.34
Germany11.7118.3118.41
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Beta (Ref: DAX 30)
Levered betaUnlevered beta
1-Year0.550.75
2-Year0.700.95
3-Year0.831.13
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Stock Perf excl. Dividends (in EUR)
FTKDAX 30Rel. Perf.
Year-to-Date121.6%0.7%121.0%
1-Week1.9%1.5%0.4%
1-Month20.7%10.5%10.1%
1-Year122.5%0.4%122.2%
3-Year109.2%2.6%106.7%
5-Year246.5%18.1%228.4%
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International Peers - flatex AG
Company NameCtryMarket
Cap.
last (mUSD)
flatex AGDEU1 764
International Peers Median0.99
The Charles Schwab Corp...USA79 451
Ameriprise Financial In...USA22 504
Swissquote Group Holdin...CHE1 408
Nomura Holdings Inc.JPN17 985
Raymond James Financial...USA12 695
GPRV Analysis
flatex AG
Intl. Peers
U.S Patents No. 7,882,001 & 8,082,201
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Net Sales Chart
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Quotes Chart

1-Year Rebased Stock Chart

  • flatex AG
  • DAX 30
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Did you know ?

Multiples charts provide an effective way to quickly analyze a company's valuation over a period of time, and compare it against the valuation of another company, a personal list, or a market index.

About Market Multiples

Many methods can be used to value a company. In reality, business valuation is often a combination of these different approaches. One of the most widely used quantitative methods is the market multiples method. The market valuation is utilized generally as a primary market input, to provide an objective starting point for the valuation. Put simply, this method multiplies the sales or profits of a business by an industry averaged multiplier to calculate the Market Value of the business.
Current multiples include:
- Historical multiples based on standardized financials for the last completed fiscal period: Last, Last Twelve Months (LTM);
- Forward multiples based on consensus estimates for the current fiscal period and next ones: Next Twelve Months (NTM), FY0, FY1.
Current multiples based on per-share metrics (such as earnings per share or book value per share) are calculated using the last closing price, while current multiples based on company-level metrics (such as net sales, EBIT or EBITDA) are calculated using the current market cap or EV (Enterprise Value).