0.09%
11.88%
22.04%
34.90%
65.56%
-4.71%
142.81%
AI Spotlight on FTK
Company Description
flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe.It operates through Financial Services (FIN) and Technologies (TECH) segments.The FIN segment offers business-to-consumer online brokerage, business-to-business white-label banking, electronic securities settlement, custody account management, and other banking products and services.
This segment also provides business process outsourcing solutions; technical transaction processing services; cash management services; and securities-backed lending services, as well as engages in treasury and investment activities.The TECH segment is involved in the development, production, distribution, and maintenance of software, hardware, and information technology infrastructure.This segment also provides a platform for banking operations; corporate payment products; and develops and operates Limit Order System, which monitors the limit orders of European brokers against the price feed of connected issuers.
The company was formerly known as flatex AG and changed its name to flatexDEGIRO AG in October 2020.flatexDEGIRO AG was incorporated in 1999 and is based in Frankfurt am Main, Germany.
Market Data
| Last Price | 16.39 |
| Change Percentage | 0.09% |
| Open | 16 |
| Previous Close | 16.38 |
| Market Cap ( Millions) | 1805 |
| Volume | 198935 |
| Year High | 16.82 |
| Year Low | 9.24 |
| M A 50 | 15.14 |
| M A 200 | 13.66 |
Financial Ratios
| FCF Yield | 4.67% |
| Dividend Yield | 0.24% |
| ROE | 16.06% |
| Debt / Equity | 24.00% |
| Net Debt / EBIDTA | -1200.26% |
| Price To Book | 2.49 |
| Price Earnings Ratio | 16.1 |
| Price To FCF | 21.43 |
| Price To sales | 4.07 |
| EV / EBITDA | -3.27 |
News
- Nov -13 - flatexDEGIRO Reaches Three Million Customers
- Oct -26 - Analyst Estimates: Here's What Brokers Think Of flatexDEGIRO AG (ETR:FTK) After Its Third-Quarter Report
- Oct -18 - Mandate of BaFin’s special commissioner at flatexDEGIRO terminated
- Sep -05 - flatexDEGIRO First Half 2024 Earnings: EPS: €0.55 (vs €0.18 in 1H 2023)
- Aug -28 - flatexDEGIRO appoints Oliver Behrens, long-standing CEO of Morgan Stanley Europe SE, as Chief Executive Officer
- Apr -29 - flatexDEGIRO First Quarter 2024 Earnings: EPS: €0.27 (vs €0.091 in 1Q 2023)
- Apr -28 - Revenue Beat: flatexDEGIRO AG Beat Analyst Estimates By 9.0%
- Apr -25 - flatexDEGIRO Starts Into Expected Record Year 2024 With a Jump in Revenues and Earnings
- Apr -17 - Microsoft's (NASDAQ:MSFT) investors will be pleased with their solid 247% return over the last five years
- Apr -01 - flatexDEGIRO Full Year 2023 Earnings: EPS Misses Expectations
- Mar -02 - Analysts Have Made A Financial Statement On flatexDEGIRO AG's (ETR:FTK) Annual Report
- Jan -19 - Compagnie Financière Tradition (VTX:CFT) shareholders have earned a 9.6% CAGR over the last five years
- Dec -10 - flatexDEGIRO AG (ETR:FTK) is largely controlled by institutional shareholders who own 59% of the company
- Dec -03 - Should You Be Adding Compagnie Financière Tradition (VTX:CFT) To Your Watchlist Today?
- Oct -16 - Bell Food Group's (VTX:BELL) investors will be pleased with their 26% return over the last three years
- Feb -25 - Did You Miss Ormat Technologies's (NYSE:ORA) Impressive 151% Share Price Gain?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Flatex
Expected Growth : 7 %
What the company do ?
Flatex is a German online brokerage firm offering commission-free trading in stocks, ETFs, and options, with a user-friendly platform and mobile app.
Why we expect these perspectives ?
Flatex's 7% growth is driven by increasing online trading adoption, expansion into new European markets, and strategic partnerships. The company's scalable business model, low fees, and user-friendly platform have attracted a growing customer base. Additionally, the acquisition of DEGIRO has enhanced Flatex's market position, contributing to its growth momentum.
Segment n°2 -> DEGIRO
Expected Growth : 9 %
What the company do ?
DEGIRO is a Dutch online brokerage firm acquired by flatexDEGIRO AG, offering commission-free trading in stocks, ETFs, options, and more across various markets.
Why we expect these perspectives ?
DEGIRO's 9% growth is driven by increasing demand for online brokerage services, expansion into new European markets, and strategic partnerships. The platform's low fees, user-friendly interface, and wide range of investment products also contribute to its growth. Additionally, the rise of retail investing and the shift towards digitalization in the financial industry further support DEGIRO's growth momentum.
Segment n°3 -> Consolidation
Expected Growth : 8 %
What the company do ?
Consolidation from flatexDEGIRO AG refers to the process of combining multiple trading accounts into a single, unified view, providing a comprehensive overview of investments and positions.
Why we expect these perspectives ?
Consolidation with flatexDEGIRO AG driven by increasing online trading adoption, expansion into new European markets, and strategic partnerships. Cost synergies from integration, improved operational efficiency, and enhanced product offerings also contribute to the 8% growth. Additionally, the rise of retail investors and growing demand for digital investment platforms further support this growth trajectory.
Flatexdegiro Ag Products
| Product Range | What is it ? |
|---|---|
| Trading | FlatexDEGIRO AG offers trading services for various financial instruments such as stocks, ETFs, options, futures, and forex. |
| Custody Services | The company provides custody services for securities, ensuring the safekeeping and administration of clients' assets. |
| Margin Lending | FlatexDEGIRO AG offers margin lending services, allowing clients to borrow money to invest in financial instruments. |
| Savings Plans | The company offers savings plans, enabling clients to invest small amounts regularly in various financial instruments. |
| Robo-Advisory | FlatexDEGIRO AG provides robo-advisory services, offering automated investment portfolios tailored to individual risk profiles. |
| Cryptocurrency Trading | The company allows clients to trade cryptocurrencies such as Bitcoin and Ethereum. |
flatexDEGIRO AG's Porter Forces
Threat Of Substitutes
The threat of substitutes for flatexDEGIRO AG is moderate, as there are alternative investment platforms and brokerages available to customers.
Bargaining Power Of Customers
The bargaining power of customers is low, as flatexDEGIRO AG has a large customer base and offers competitive pricing and services.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low, as flatexDEGIRO AG has a diversified supplier base and is not heavily dependent on any single supplier.
Threat Of New Entrants
The threat of new entrants is high, as the online brokerage industry is relatively easy to enter and there are low barriers to entry.
Intensity Of Rivalry
The intensity of rivalry is high, as the online brokerage industry is highly competitive and there are many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 14.34% |
| Debt Cost | 3.95% |
| Equity Weight | 85.66% |
| Equity Cost | 8.96% |
| WACC | 8.24% |
| Leverage | 16.74% |
flatexDEGIRO AG : Quality Control
flatexDEGIRO AG passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CMCX.L | CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, … |
| CBG.L | Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, … |
| FRP.L | FRP Advisory Group plc, through its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and … |
| O4B.DE | OVB Holding AG, through its subsidiaries, provides advisory and brokerage services to private households in Europe. The company provides advisory services to clients in structuring their finances; and broking various … |
| ALPH.L | Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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