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Deutsche Beteiligungs AG
Buy, Hold or Sell?

Let's analyse Deutsche Beteiligungs AG together

PenkeI guess you are interested in Deutsche Beteiligungs AG. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Deutsche Beteiligungs AG. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Deutsche Beteiligungs AG (30 sec.)










What can you expect buying and holding a share of Deutsche Beteiligungs AG? (30 sec.)

How much money do you get?

How much money do you get?
€1.96
When do you have the money?
1 year
How often do you get paid?
66.7%

What is your share worth?

Current worth
€35.80
Expected worth in 1 year
€35.41
How sure are you?
79.5%

+ What do you gain per year?

Total Gains per Share
€1.41
Return On Investment
5.2%

For what price can you sell your share?

Current Price per Share
€27.25
Expected price per share
€24.60 - €30.10
How sure are you?
50%

1. Valuation of Deutsche Beteiligungs AG (5 min.)




Live pricePrice per Share (EOD)

€27.25

Intrinsic Value Per Share

€-13.70 - €-2.45

Total Value Per Share

€22.10 - €33.35

2. Growth of Deutsche Beteiligungs AG (5 min.)




Is Deutsche Beteiligungs AG growing?

Current yearPrevious yearGrowGrow %
How rich?$731.8m$671.2m$82.4m10.9%

How much money is Deutsche Beteiligungs AG making?

Current yearPrevious yearGrowGrow %
Making money$12.9m$5.6m$7.3m56.5%
Net Profit Margin-11.0%130.3%--

How much money comes from the company's main activities?

3. Financial Health of Deutsche Beteiligungs AG (5 min.)




4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#197 / 755

Most Revenue
#283 / 755

Most Profit
#251 / 755

Most Efficient
#636 / 755

What can you expect buying and holding a share of Deutsche Beteiligungs AG? (5 min.)

Welcome investor! Deutsche Beteiligungs AG's management wants to use your money to grow the business. In return you get a share of Deutsche Beteiligungs AG.

What can you expect buying and holding a share of Deutsche Beteiligungs AG?

First you should know what it really means to hold a share of Deutsche Beteiligungs AG. And how you can make/lose money.

Speculation

The Price per Share of Deutsche Beteiligungs AG is €27.25. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Deutsche Beteiligungs AG.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Deutsche Beteiligungs AG, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €35.80. Based on the TTM, the Book Value Change Per Share is €-0.10 per quarter. Based on the YOY, the Book Value Change Per Share is €0.65 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.45 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Deutsche Beteiligungs AG.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps1.766.5%0.692.5%0.301.1%0.692.5%0.712.6%
Usd Book Value Change Per Share-4.59-16.8%-0.11-0.4%0.712.6%0.702.6%0.582.1%
Usd Dividend Per Share1.094.0%0.491.8%1.094.0%0.833.0%0.792.9%
Usd Total Gains Per Share-3.50-12.9%0.381.4%1.806.6%1.525.6%1.385.0%
Usd Price Per Share28.00-31.26-27.42-33.71-34.33-
Price to Earnings Ratio3.97--8.13--0.39--50.44--18.53-
Price-to-Total Gains Ratio-7.99--7.18-0.56-8.54-24.64-
Price to Book Ratio0.72-0.78-0.77-1.08-1.33-
Price-to-Total Gains Ratio-7.99--7.18-0.56-8.54-24.64-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share29.6262
Number of shares33
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.490.83
Usd Book Value Change Per Share-0.110.70
Usd Total Gains Per Share0.381.52
Gains per Quarter (33 shares)12.6350.32
Gains per Year (33 shares)50.53201.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
165-144110992191
2129-2892218185392
3194-42143327277593
4258-56194436369794
5323-70245545461995
6387-842966545541196
7452-983477636461397
8517-1123988727381598
9581-1264499818301799
10646-14150010909232000

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%6.06.00.050.0%12.08.00.060.0%29.010.00.074.4%47.014.00.077.0%
Book Value Change Per Share1.03.00.025.0%5.07.00.041.7%11.09.00.055.0%25.014.00.064.1%38.020.03.062.3%
Dividend per Share2.00.02.050.0%9.00.03.075.0%14.00.06.070.0%26.00.013.066.7%29.00.032.047.5%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%14.06.00.070.0%31.08.00.079.5%46.012.03.075.4%

Fundamentals of Deutsche Beteiligungs AG

About Deutsche Beteiligungs AG

Deutsche Beteiligungs AG is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, emerging growth, middle market, mid venture, late venture, growth capital, add-on acquisitions, bridge financing, PIPES, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies, and pre-IPO stage investments. Within fund of fund investments, the firm invests in private equity funds. The firm prefers to invest in materials, industrials, capital goods, automobiles, mechanical and plant engineering, automotive supply industry, industrial service providers and manufacturers of industrial components, IndustryTech enterprises, software, commercial and professional services, transportation, consumer discretionary, retailing, information technology, healthcare, information technology services, software services, systems software, enterprise software, broadband telecommunications, communication services, media, automation, robotics and digitalization, and services. It prefers to invest in Germany, Austria, Switzerland, Europe, DACH region, Northern Italy, and United States of America. The firm prefers to invest between $10.03 million and $235.19 million with revenue between $55.33 million and 704.12 million and enterprise value between $35.26 million and $442.23 million. The firm prefers to take majority and minority stake in its portfolio companies. Deutsche Beteiligungs AG was founded in 1965 and is based in Frankfurt am Main, Germany with additional office in Milan, Italy.

Fundamental data was last updated by Penke on 2024-05-16 00:38:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Deutsche Beteiligungs AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Deutsche Beteiligungs AG earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • A Net Profit Margin of 69.0% means that €0.69 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Deutsche Beteiligungs AG:

  • The MRQ is 69.0%. The company is making a huge profit. +2
  • The TTM is -11.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ69.0%TTM-11.0%+80.0%
TTM-11.0%YOY130.3%-141.2%
TTM-11.0%5Y47.2%-58.1%
5Y47.2%10Y54.4%-7.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ69.0%55.1%+13.9%
TTM-11.0%54.2%-65.2%
YOY130.3%55.2%+75.1%
5Y47.2%49.1%-1.9%
10Y54.4%49.6%+4.8%
1.1.2. Return on Assets

Shows how efficient Deutsche Beteiligungs AG is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • 3.8% Return on Assets means that Deutsche Beteiligungs AG generated €0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Deutsche Beteiligungs AG:

  • The MRQ is 3.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.8%TTM1.6%+2.2%
TTM1.6%YOY0.6%+0.9%
TTM1.6%5Y1.7%-0.1%
5Y1.7%10Y2.4%-0.7%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8%1.0%+2.8%
TTM1.6%0.9%+0.7%
YOY0.6%0.4%+0.2%
5Y1.7%1.3%+0.4%
10Y2.4%1.6%+0.8%
1.1.3. Return on Equity

Shows how efficient Deutsche Beteiligungs AG is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • 4.5% Return on Equity means Deutsche Beteiligungs AG generated €0.05 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Deutsche Beteiligungs AG:

  • The MRQ is 4.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM1.8%+2.8%
TTM1.8%YOY0.6%+1.1%
TTM1.8%5Y1.9%-0.1%
5Y1.9%10Y2.6%-0.7%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%2.0%+2.5%
TTM1.8%1.7%+0.1%
YOY0.6%0.9%-0.3%
5Y1.9%2.2%-0.3%
10Y2.6%2.5%+0.1%

1.2. Operating Efficiency of Deutsche Beteiligungs AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Deutsche Beteiligungs AG is operating .

  • Measures how much profit Deutsche Beteiligungs AG makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • An Operating Margin of 71.9% means the company generated €0.72  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Deutsche Beteiligungs AG:

  • The MRQ is 71.9%. The company is operating very efficient. +2
  • The TTM is -7.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ71.9%TTM-7.5%+79.4%
TTM-7.5%YOY123.4%-130.9%
TTM-7.5%5Y46.8%-54.3%
5Y46.8%10Y54.1%-7.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ71.9%72.2%-0.3%
TTM-7.5%51.4%-58.9%
YOY123.4%55.2%+68.2%
5Y46.8%42.6%+4.2%
10Y54.1%41.4%+12.7%
1.2.2. Operating Ratio

Measures how efficient Deutsche Beteiligungs AG is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of 0.28 means that the operating costs are €0.28 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Deutsche Beteiligungs AG:

  • The MRQ is 0.281. The company is very efficient in keeping operating costs low. +2
  • The TTM is 1.042. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.281TTM1.042-0.762
TTM1.042YOY-0.265+1.307
TTM1.0425Y0.528+0.514
5Y0.52810Y0.456+0.072
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2810.452-0.171
TTM1.0420.550+0.492
YOY-0.2650.496-0.761
5Y0.5280.479+0.049
10Y0.4560.515-0.059

1.3. Liquidity of Deutsche Beteiligungs AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Deutsche Beteiligungs AG is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of 1.55 means the company has €1.55 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Deutsche Beteiligungs AG:

  • The MRQ is 1.554. The company is able to pay all its short-term debts. +1
  • The TTM is 9.109. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ1.554TTM9.109-7.556
TTM9.109YOY18.995-9.886
TTM9.1095Y7.673+1.436
5Y7.67310Y4.799+2.874
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5543.146-1.592
TTM9.1093.508+5.601
YOY18.9954.118+14.877
5Y7.6735.456+2.217
10Y4.7996.504-1.705
1.3.2. Quick Ratio

Measures if Deutsche Beteiligungs AG is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • A Quick Ratio of 1.26 means the company can pay off €1.26 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Deutsche Beteiligungs AG:

  • The MRQ is 1.257. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 9.191. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.257TTM9.191-7.934
TTM9.191YOY38.396-29.205
TTM9.1915Y11.851-2.660
5Y11.85110Y7.271+4.580
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2572.950-1.693
TTM9.1913.404+5.787
YOY38.3964.556+33.840
5Y11.8516.225+5.626
10Y7.2717.056+0.215

1.4. Solvency of Deutsche Beteiligungs AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Deutsche Beteiligungs AG assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Deutsche Beteiligungs AG to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.17 means that Deutsche Beteiligungs AG assets are financed with 16.8% credit (debt) and the remaining percentage (100% - 16.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Deutsche Beteiligungs AG:

  • The MRQ is 0.168. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.084. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.168TTM0.084+0.084
TTM0.084YOY0.086-0.002
TTM0.0845Y0.084+0.001
5Y0.08410Y0.081+0.003
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1680.180-0.012
TTM0.0840.183-0.099
YOY0.0860.183-0.097
5Y0.0840.190-0.106
10Y0.0810.184-0.103
1.4.2. Debt to Equity Ratio

Measures if Deutsche Beteiligungs AG is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • A Debt to Equity ratio of 20.3% means that company has €0.20 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Deutsche Beteiligungs AG:

  • The MRQ is 0.203. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.098. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.098+0.105
TTM0.098YOY0.097+0.001
TTM0.0985Y0.094+0.004
5Y0.09410Y0.089+0.004
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2030.210-0.007
TTM0.0980.224-0.126
YOY0.0970.218-0.121
5Y0.0940.257-0.163
10Y0.0890.250-0.161

2. Market Valuation of Deutsche Beteiligungs AG

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Deutsche Beteiligungs AG generates.

  • Above 15 is considered overpriced but always compare Deutsche Beteiligungs AG to the Asset Management industry mean.
  • A PE ratio of 3.97 means the investor is paying €3.97 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Deutsche Beteiligungs AG:

  • The EOD is 4.199. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.968. Based on the earnings, the company is cheap. +2
  • The TTM is -8.128. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4.199MRQ3.968+0.231
MRQ3.968TTM-8.128+12.096
TTM-8.128YOY-0.394-7.734
TTM-8.1285Y-50.437+42.308
5Y-50.43710Y-18.532-31.905
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD4.1996.308-2.109
MRQ3.9685.873-1.905
TTM-8.1285.924-14.052
YOY-0.3943.441-3.835
5Y-50.4375.688-56.125
10Y-18.5327.894-26.426
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Deutsche Beteiligungs AG:

  • The EOD is -12.906. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.196. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -47.675. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.906MRQ-12.196-0.710
MRQ-12.196TTM-47.675+35.480
TTM-47.675YOY-10.126-37.549
TTM-47.6755Y-28.541-19.134
5Y-28.54110Y-30.270+1.729
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD-12.9064.270-17.176
MRQ-12.1964.102-16.298
TTM-47.6753.040-50.715
YOY-10.1261.737-11.863
5Y-28.5412.891-31.432
10Y-30.2702.413-32.683
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Deutsche Beteiligungs AG is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 0.72 means the investor is paying €0.72 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Deutsche Beteiligungs AG:

  • The EOD is 0.761. Based on the equity, the company is cheap. +2
  • The MRQ is 0.719. Based on the equity, the company is cheap. +2
  • The TTM is 0.781. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.761MRQ0.719+0.042
MRQ0.719TTM0.781-0.062
TTM0.781YOY0.768+0.014
TTM0.7815Y1.079-0.297
5Y1.07910Y1.329-0.251
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD0.7610.948-0.187
MRQ0.7190.904-0.185
TTM0.7810.907-0.126
YOY0.7680.968-0.200
5Y1.0791.019+0.060
10Y1.3291.195+0.134
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Deutsche Beteiligungs AG compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---4.222-0.098-98%0.652-748%0.643-757%0.535-889%
Book Value Per Share--35.80336.869-3%32.813+9%30.270+18%25.325+41%
Current Ratio--1.5549.109-83%18.995-92%7.673-80%4.799-68%
Debt To Asset Ratio--0.1680.084+99%0.086+95%0.084+101%0.081+109%
Debt To Equity Ratio--0.2030.098+107%0.097+109%0.094+116%0.089+126%
Dividend Per Share--1.0000.450+122%1.000+0%0.760+32%0.730+37%
Eps--1.6220.635+155%0.276+489%0.639+154%0.656+147%
Free Cash Flow Per Share---0.528-0.161-70%0.118-547%0.022-2452%-0.042-92%
Free Cash Flow To Equity Per Share---1.6300.085-2019%0.034-4877%0.141-1256%-0.263-84%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.455--------
Intrinsic Value_10Y_min---13.703--------
Intrinsic Value_1Y_max--0.495--------
Intrinsic Value_1Y_min---0.377--------
Intrinsic Value_3Y_max--0.923--------
Intrinsic Value_3Y_min---2.002--------
Intrinsic Value_5Y_max--0.670--------
Intrinsic Value_5Y_min---4.567--------
Market Cap510250800.000+5%484167645.250540592317.750-10%474682217.000+2%584042050.200-17%592940283.262-18%
Net Profit Margin--0.690-0.110+116%1.303-47%0.472+46%0.544+27%
Operating Margin--0.719-0.075+110%1.234-42%0.468+54%0.541+33%
Operating Ratio--0.2811.042-73%-0.265+194%0.528-47%0.456-38%
Pb Ratio0.761+6%0.7190.781-8%0.768-6%1.079-33%1.329-46%
Pe Ratio4.199+6%3.968-8.128+305%-0.394+110%-50.437+1371%-18.532+567%
Price Per Share27.250+6%25.75028.750-10%25.225+2%31.008-17%31.572-18%
Price To Free Cash Flow Ratio-12.906-6%-12.196-47.675+291%-10.126-17%-28.541+134%-30.270+148%
Price To Total Gains Ratio-8.457-6%-7.991-7.179-10%0.558-1533%8.543-194%24.636-132%
Quick Ratio--1.2579.191-86%38.396-97%11.851-89%7.271-83%
Return On Assets--0.0380.016+140%0.006+509%0.017+125%0.024+59%
Return On Equity--0.0450.018+157%0.006+628%0.019+140%0.026+72%
Total Gains Per Share---3.2220.352-1015%1.651-295%1.403-330%1.265-355%
Usd Book Value--731898691.200753713631.000-3%671296532.400+9%619219815.480+18%517084028.308+42%
Usd Book Value Change Per Share---4.590-0.106-98%0.708-748%0.699-757%0.582-889%
Usd Book Value Per Share--38.92540.084-3%35.674+9%32.909+18%27.533+41%
Usd Dividend Per Share--1.0870.489+122%1.087+0%0.826+32%0.794+37%
Usd Eps--1.7640.691+155%0.300+489%0.695+154%0.713+147%
Usd Free Cash Flow---10790460.000-3283887.600-70%2414671.200-547%431781.480-2599%-877621.292-92%
Usd Free Cash Flow Per Share---0.574-0.175-70%0.128-547%0.024-2452%-0.046-92%
Usd Free Cash Flow To Equity Per Share---1.7720.092-2019%0.037-4877%0.153-1256%-0.286-84%
Usd Market Cap554744669.760+5%526387063.916587731967.858-10%516074506.322+2%634970516.977-17%644644675.962-18%
Usd Price Per Share29.626+6%27.99531.257-10%27.425+2%33.711-17%34.325-18%
Usd Profit--33167210.40012989865.600+155%5646645.000+487%13016393.280+155%13398011.631+148%
Usd Revenue--48070548.00028627606.800+68%16979617.800+183%24476949.000+96%23408085.046+105%
Usd Total Gains Per Share---3.5030.383-1015%1.795-295%1.525-330%1.375-355%
 EOD+4 -4MRQTTM+13 -22YOY+16 -195Y+16 -1910Y+16 -19

3.2. Fundamental Score

Let's check the fundamental score of Deutsche Beteiligungs AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.199
Price to Book Ratio (EOD)Between0-10.761
Net Profit Margin (MRQ)Greater than00.690
Operating Margin (MRQ)Greater than00.719
Quick Ratio (MRQ)Greater than11.257
Current Ratio (MRQ)Greater than11.554
Debt to Asset Ratio (MRQ)Less than10.168
Debt to Equity Ratio (MRQ)Less than10.203
Return on Equity (MRQ)Greater than0.150.045
Return on Assets (MRQ)Greater than0.050.038
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Deutsche Beteiligungs AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.551
Ma 20Greater thanMa 5027.813
Ma 50Greater thanMa 10026.578
Ma 100Greater thanMa 20027.120
OpenGreater thanClose27.700
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-03-312023-06-302023-09-302023-12-312024-03-31
Other Current Assets  -78,062-14,419-92,48137,070-55,411-3,041-58,45269,69611,244
Accumulated Other Comprehensive Income  -1,010-373-1,383127-1,256-98-1,354260,296258,942
Long-term Assets Other  -3,19072-3,1181,328-1,790-199-1,989677,222675,233
Total Other Income Expense Net 2-110112-1,182-1,180



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets809,525
Total Liabilities136,329
Total Stockholder Equity673,137
 As reported
Total Liabilities 136,329
Total Stockholder Equity+ 673,137
Total Assets = 809,525

Assets

Total Assets809,525
Total Current Assets58,925
Long-term Assets750,600
Total Current Assets
Cash And Cash Equivalents 32,488
Net Receivables 15,193
Inventory 0
Other Current Assets 11,244
Total Current Assets  (as reported)58,925
Total Current Assets  (calculated)58,925
+/-0
Long-term Assets
Property Plant Equipment 14,298
Goodwill 8,396
Long Term Investments 680,051
Intangible Assets 61,069
Long-term Assets  (as reported)750,600
Long-term Assets  (calculated)763,814
+/- 13,214

Liabilities & Shareholders' Equity

Total Current Liabilities37,922
Long-term Liabilities98,407
Total Stockholder Equity673,137
Total Current Liabilities
Short-term Debt 20,000
Other Current Liabilities 17,922
Total Current Liabilities  (as reported)37,922
Total Current Liabilities  (calculated)37,922
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)98,407
Long-term Liabilities  (calculated)0
+/- 98,407
Total Stockholder Equity
Common Stock66,450
Retained Earnings 347,745
Accumulated Other Comprehensive Income 258,942
Other Stockholders Equity 0
Total Stockholder Equity (as reported)673,137
Total Stockholder Equity (calculated)673,137
+/-0
Other
Capital Stock66,450
Cash and Short Term Investments 32,488
Common Stock Shares Outstanding 18,803
Liabilities and Stockholders Equity 809,525
Net Debt 29,764
Net Invested Capital 723,137
Net Working Capital 21,003
Short Long Term Debt Total 62,252



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-31
> Total Assets 
0
0
0
290,502
299,361
291,295
301,204
316,112
320,097
309,065
300,102
279,905
284,433
283,557
298,419
298,993
307,649
298,196
301,177
310,652
323,179
307,928
337,729
347,089
354,688
330,467
332,604
371,062
343,718
342,647
404,632
412,955
424,050
465,466
472,405
489,763
463,456
465,770
485,220
444,753
453,158
457,575
491,615
490,846
388,408
443,211
474,587
517,291
571,954
737,181
734,953
724,849
666,341
663,808
646,407
701,501
690,645
713,765
708,269
804,195
809,525
809,525804,195708,269713,765690,645701,501646,407663,808666,341724,849734,953737,181571,954517,291474,587443,211388,408490,846491,615457,575453,158444,753485,220465,770463,456489,763472,405465,466424,050412,955404,632342,647343,718371,062332,604330,467354,688347,089337,729307,928323,179310,652301,177298,196307,649298,993298,419283,557284,433279,905300,102309,065320,097316,112301,204291,295299,361290,502000
   > Total Current Assets 
0
0
0
127,129
180,054
115,608
89,372
71,842
67,163
36,442
69,674
51,291
60,770
48,238
54,747
60,319
99,672
80,569
68,711
61,650
64,268
65,802
77,106
96,007
60,439
51,721
45,196
53,252
29,566
57,819
74,170
29,836
37,850
26,525
140,006
136,466
26,440
26,377
32,415
30,899
26,870
25,228
62,540
36,304
39,658
43,721
78,211
49,972
111,462
208,098
109,897
35,422
31,670
59,745
40,633
39,657
62,293
78,663
35,462
57,310
58,925
58,92557,31035,46278,66362,29339,65740,63359,74531,67035,422109,897208,098111,46249,97278,21143,72139,65836,30462,54025,22826,87030,89932,41526,37726,440136,466140,00626,52537,85029,83674,17057,81929,56653,25245,19651,72160,43996,00777,10665,80264,26861,65068,71180,56999,67260,31954,74748,23860,77051,29169,67436,44267,16371,84289,372115,608180,054127,129000
       Cash And Cash Equivalents 
0
0
0
50,787
90,178
22,951
21,442
23,749
37,699
10,131
44,017
32,512
40,614
22,475
25,727
22,732
71,138
50,016
35,722
19,793
25,659
26,416
31,909
38,318
38,069
31,236
26,849
35,487
15,748
37,711
57,296
12,599
15,969
7,921
127,976
121,741
12,239
11,217
23,571
18,829
16,939
13,587
43,934
12,989
12,440
11,454
18,367
16,338
12,801
159,301
37,737
19,706
19,219
48,042
19,158
18,519
55,892
72,944
20,018
47,500
32,488
32,48847,50020,01872,94455,89218,51919,15848,04219,21919,70637,737159,30112,80116,33818,36711,45412,44012,98943,93413,58716,93918,82923,57111,21712,239121,741127,9767,92115,96912,59957,29637,71115,74835,48726,84931,23638,06938,31831,90926,41625,65919,79335,72250,01671,13822,73225,72722,47540,61432,51244,01710,13137,69923,74921,44222,95190,17850,787000
       Short-term Investments 
0
0
0
58,916
74,175
74,096
51,672
14,106
22
22
22
655
2,915
6,066
7,143
6,579
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,703
0
0
49,477
33,000
40,000
46,122
47,429
25,476
25,498
5,519
0
0
25,988
53,589
53,140
31,122
20,332
77,282
84,981
98,037
42,225
34,749
14,110
12,100
0
0
0
00012,10014,11034,74942,22598,03784,98177,28220,33231,12253,14053,58925,988005,51925,49825,47647,42946,12240,00033,00049,4770025,703000000000000000006,5797,1436,0662,91565522222214,10651,67274,09674,17558,916000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,478
8,441
8,542
36,381
22,510
24,458
29,059
50,823
2,430
5,039
5,118
5,719
4,758
5,107
13,982
4,010
5,588
4,907
11,054
5,362
4,029
4,326
7,418
1,614
803
1,119
10,549
2,418
3,420
4,537
31,059
6,187
61,319
8,956
65,464
9,432
12,451
11,703
21,475
21,138
6,401
5,719
15,444
9,810
15,193
15,1939,81015,4445,7196,40121,13821,47511,70312,4519,43265,4648,95661,3196,18731,0594,5373,4202,41810,5491,1198031,6147,4184,3264,0295,36211,0544,9075,5884,01013,9825,1074,7585,7195,1185,0392,43050,82329,05924,45822,51036,3818,5428,4418,4780000000000000000
       Other Current Assets 
0
0
0
17,426
15,701
18,561
16,258
33,987
29,442
26,289
25,635
18,124
17,241
19,697
21,877
31,008
20,056
22,112
24,447
5,476
16,099
14,928
16,138
6,866
19,940
15,446
13,229
12,046
9,060
15,001
2,892
13,227
16,293
13,697
976
9,363
10,172
10,834
1,426
10,456
9,128
10,522
8,057
20,897
23,798
27,730
28,785
27,447
37,342
39,841
6,696
6,284
1,783
2,301
1,330
-76,080
-78,062
-92,481
-55,411
-58,452
11,244
11,244-58,452-55,411-92,481-78,062-76,0801,3302,3011,7836,2846,69639,84137,34227,44728,78527,73023,79820,8978,05710,5229,12810,4561,42610,83410,1729,36397613,69716,29313,2272,89215,0019,06012,04613,22915,44619,9406,86616,13814,92816,0995,47624,44722,11220,05631,00821,87719,69717,24118,12425,63526,28929,44233,98716,25818,56115,70117,426000
   > Long-term Assets 
0
0
0
163,373
119,307
175,687
211,832
244,270
252,934
272,623
230,428
228,614
223,663
235,319
243,672
238,674
207,977
217,627
232,466
249,002
258,911
242,126
260,623
251,082
294,249
278,746
287,408
317,810
314,152
284,828
330,462
383,119
386,200
438,941
332,399
353,297
437,016
439,393
452,805
413,854
426,288
432,347
429,075
454,542
348,750
399,490
396,376
467,319
460,492
529,083
625,056
689,427
627,970
597,150
598,014
654,171
620,501
624,608
667,321
740,544
750,600
750,600740,544667,321624,608620,501654,171598,014597,150627,970689,427625,056529,083460,492467,319396,376399,490348,750454,542429,075432,347426,288413,854452,805439,393437,016353,297332,399438,941386,200383,119330,462284,828314,152317,810287,408278,746294,249251,082260,623242,126258,911249,002232,466217,627207,977238,674243,672235,319223,663228,614230,428272,623252,934244,270211,832175,687119,307163,373000
       Property Plant Equipment 
0
0
0
8,019
8,045
1,072
895
841
885
992
1,116
1,514
1,431
1,563
1,546
1,546
1,494
1,451
1,304
1,273
1,286
1,258
1,243
1,304
1,203
1,378
1,257
1,279
1,250
1,145
1,235
1,134
1,148
1,046
1,129
1,246
1,113
930
839
747
741
646
582
2,080
1,843
5,396
5,144
4,957
4,745
4,670
4,220
4,217
5,054
2,336
2,310
14,538
14,568
14,603
13,769
14,801
14,298
14,29814,80113,76914,60314,56814,5382,3102,3365,0544,2174,2204,6704,7454,9575,1445,3961,8432,0805826467417478399301,1131,2461,1291,0461,1481,1341,2351,1451,2501,2791,2571,3781,2031,3041,2431,2581,2861,2731,3041,4511,4941,5461,5461,5631,4311,5141,1169928858418951,0728,0458,019000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,396
8,396
8,3968,39600000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
381,143
384,241
411,448
294,926
315,546
385,863
372,195
378,762
323,152
425,217
431,416
428,192
452,121
346,530
393,638
390,742
461,862
455,252
523,943
620,397
684,799
622,534
594,593
595,549
639,496
605,813
609,824
653,394
663,416
680,051
680,051663,416653,394609,824605,813639,496595,549594,593622,534684,799620,397523,943455,252461,862390,742393,638346,530452,121428,192431,416425,217323,152378,762372,195385,863315,546294,926411,448384,241381,1430000000000000000000000000000000
       Intangible Assets 
0
0
0
25
25
25
25
25
25
43
0
30
57
60
0
45
45
54
58
34
34
39
78
151
274
420
548
726
807
846
846
842
811
744
693
635
563
502
438
382
330
285
301
341
377
456
490
500
495
470
439
411
382
221
155
137
120
181
158
53,931
61,069
61,06953,93115818112013715522138241143947049550049045637734130128533038243850256363569374481184284684680772654842027415178393434585445450605730043252525252525000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
515,626
515,823
533,643
559,654
582,090
550,054
598,352
598,171
648,937
609,213
620,012
688,872
657,870
627,475
735,094
796,074
810,250
904,407
804,804
843,060
900,472
905,163
938,025
858,607
879,446
889,922
920,690
945,388
737,158
842,701
870,963
984,610
1,032,446
1,266,264
734,953
724,849
6,701
6,913
7,760
7,673
7,851
10,494
5,486
6,341
0
06,3415,48610,4947,8517,6737,7606,9136,701724,849734,9531,266,2641,032,446984,610870,963842,701737,158945,388920,690889,922879,446858,607938,025905,163900,472843,060804,804904,407810,250796,074735,094627,475657,870688,872620,012609,213648,937598,171598,352550,054582,090559,654533,643515,823515,6260000000000000000
> Total Liabilities 
0
0
0
31,536
31,109
13,833
19,164
42,197
36,329
36,891
24,187
41,026
38,757
28,046
18,283
32,788
33,829
29,448
30,240
32,239
32,588
28,236
36,723
43,701
37,775
32,928
29,258
37,268
22,152
26,801
35,012
29,895
29,025
36,069
27,521
33,326
20,761
21,993
37,440
22,735
23,522
22,720
31,463
30,977
28,266
30,984
51,056
68,640
87,052
93,903
36,191
34,627
34,702
74,902
66,952
80,689
10,000
35,881
38,890
51,609
136,329
136,32951,60938,89035,88110,00080,68966,95274,90234,70234,62736,19193,90387,05268,64051,05630,98428,26630,97731,46322,72023,52222,73537,44021,99320,76133,32627,52136,06929,02529,89535,01226,80122,15237,26829,25832,92837,77543,70136,72328,23632,58832,23930,24029,44833,82932,78818,28328,04638,75741,02624,18736,89136,32942,19719,16413,83331,10931,536000
   > Total Current Liabilities 
0
0
0
19,130
18,027
13,699
19,042
26,398
21,449
20,734
23,863
30,125
27,597
16,475
18,040
20,454
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,459
12,253
19,301
16,050
22,009
9,041
10,176
25,052
10,113
11,341
10,830
11,787
10,774
7,715
6,981
29,751
47,183
65,906
73,371
17,782
16,407
15,241
58,888
564
63,210
27,135
19,430
1,193
51,609
37,922
37,92251,6091,19319,43027,13563,21056458,88815,24116,40717,78273,37165,90647,18329,7516,9817,71510,77411,78710,83011,34110,11325,05210,1769,04122,00916,05019,30112,25314,45900000000000000020,45418,04016,47527,59730,12523,86320,73421,44926,39819,04213,69918,02719,130000
       Short-term Debt 
0
0
0
58,916
74,175
74,096
51,672
14,106
22
22
22
655
2,915
6,066
7,143
6,579
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,100
36,900
56,400
60,500
0
0
0
41,000
41,000
46,000
11,141
0
1,490
51,609
20,000
20,00051,6091,490011,14146,00041,00041,00000060,50056,40036,90013,1000000000000000000000000000000006,5797,1436,0662,91565522222214,10651,67274,09674,17558,916000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,003
0
0
0
358
0
0
0
423
0
0
0
365
0
0
0
564
0
0
0
1,193
0
0
001,1930005640003650004230003580001,00300000000000000000000000000000000000000
       Other Current Liabilities 
0
0
0
19,130
18,027
13,699
19,042
26,398
21,449
20,734
23,863
30,125
27,597
16,475
18,040
20,454
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,459
12,253
19,301
2,143
22,009
9,041
10,176
10,926
10,113
11,341
10,830
11,429
10,774
6,716
6,981
8,009
10,283
8,742
12,871
5,976
16,407
14,164
17,888
-564
17,210
15,994
19,430
-1,193
-51,609
17,922
17,922-51,609-1,19319,43015,99417,210-56417,88814,16416,4075,97612,8718,74210,2838,0096,9816,71610,77411,42910,83011,34110,11310,92610,1769,04122,0092,14319,30112,25314,45900000000000000020,45418,04016,47527,59730,12523,86320,73421,44926,39819,04213,69918,02719,130000
   > Long-term Liabilities 
0
0
0
12,406
13,082
134
122
15,799
14,880
16,157
324
10,901
11,160
11,571
243
12,334
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,822
36,900
56,400
60,500
0
0
0
74,902
564
80,689
10,000
23,878
13,137
51,609
98,407
98,40751,60913,13723,87810,00080,68956474,90200060,50056,40036,90017,82200000000000000000000000000000012,33424311,57111,16010,90132416,15714,88015,79912213413,08212,406000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,953
3,814
3,622
3,385
3,149
3,008
3,614
1,001
941
12,734
12,368
12,003
0
0
0
00012,00312,36812,7349411,0013,6143,0083,1493,3853,6223,8143,9530000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,301
16,625
16,619
11,323
11,140
11,542
11,636
12,209
12,440
12,001
11,709
19,621
20,147
20,125
23,947
17,295
17,586
17,467
17,089
15,202
15,153
15,788
14,954
4,841
4,686
0
4,449
0
0
0
0004,44904,6864,84114,95415,78815,15315,20217,08917,46717,58617,29523,94720,12520,14719,62111,70912,00112,44012,20911,63611,54211,14011,32316,61916,62515,3010000000000000000000000000000000
> Total Stockholder Equity
0
0
0
258,966
268,252
277,462
267,035
273,915
283,768
272,174
264,039
238,879
245,676
255,511
267,735
266,205
273,820
268,748
270,937
278,413
290,591
279,692
301,006
303,388
316,913
297,539
303,346
333,794
321,566
315,846
369,620
383,060
395,025
429,397
444,884
456,437
442,695
443,777
447,780
422,018
429,636
434,855
460,152
459,869
360,142
412,227
423,531
448,651
484,902
643,278
698,762
690,222
631,639
588,906
579,455
620,812
646,489
677,824
669,379
663,371
673,137
673,137663,371669,379677,824646,489620,812579,455588,906631,639690,222698,762643,278484,902448,651423,531412,227360,142459,869460,152434,855429,636422,018447,780443,777442,695456,437444,884429,397395,025383,060369,620315,846321,566333,794303,346297,539316,913303,388301,006279,692290,591278,413270,937268,748273,820266,205267,735255,511245,676238,879264,039272,174283,768273,915267,035277,462268,252258,966000
   Common Stock
0
0
0
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
48,533
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
53,387
66,733
66,733
66,733
66,733
66,733
66,733
66,733
66,733
66,733
66,725
66,725
66,450
66,45066,72566,72566,73366,73366,73366,73366,73366,73366,73366,73366,73353,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38753,38748,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,53348,533000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,195
0
0
0
-1,433
0
0
0
0
0
0
-1,834
0
0
0
-481
0
0
0
-1,950
0
0
0
-2,041
0
0
0
-3,092
0
0
0
0
0
0
0
0
-779
-1,010
-1,383
-1,256
-1,354
258,942
258,942-1,354-1,256-1,383-1,010-77900000000-3,092000-2,041000-1,950000-481000-1,834000000-1,433000-1,1950000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
141,394
141,394
155,865
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
141,394
142,589
141,394
141,394
141,394
142,827
141,394
141,394
141,394
141,394
141,394
141,394
175,596
173,762
173,762
173,762
174,243
173,762
173,762
173,762
175,712
173,761
173,762
173,762
175,803
173,761
173,761
173,762
176,854
173,762
173,762
260,591
251,222
250,865
249,938
249,723
259,566
259,291
259,058
258,686
258,763
258,664
0
0258,664258,763258,686259,058259,291259,566249,723249,938250,865251,222260,591173,762173,762176,854173,762173,761173,761175,803173,762173,762173,761175,712173,762173,762173,762174,243173,762173,762173,762175,596141,394141,394141,394141,394141,394141,394142,827141,394141,394141,394142,589141,394141,394141,394141,394141,394141,394141,394141,394141,394141,394141,394141,394141,394155,865141,394141,394000



Balance Sheet

Currency in EUR. All numbers in thousands.