(DWS) DWS GmbH & Co. KGaA - Overview
Stock: Equities, Fixed Income, Real Estate, Infrastructure, Private Equity
Dividends
| Dividend Yield | 4.61% |
| Yield on Cost 5y | 7.76% |
| Yield CAGR 5y | 5.00% |
| Payout Consistency | 86.1% |
| Payout Ratio | 52.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.5% |
| Relative Tail Risk | -7.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.79 |
| Alpha | 19.50 |
| Character TTM | |
|---|---|
| Beta | 0.398 |
| Beta Downside | 0.804 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.69% |
| CAGR/Max DD | 1.08 |
Description: DWS DWS GmbH & Co. KGaA January 03, 2026
DWS Group GmbH & Co. KGaA is a Frankfurt-based global asset manager serving retail and institutional clients across Europe, the Middle East, Africa, the Americas, and Asia-Pacific. Its product suite spans equities, fixed income, cash, real-estate, infrastructure, private equity and a broad menu of sustainable investments. In private equity, DWS focuses on co-investments, emerging-market deals, SME growth capital, direct buyouts, secondaries and structured capital solutions, typically taking minority or majority stakes in seasoned North American and European assets.
As of Q4 2023, DWS reported assets under management (AUM) of roughly €800 billion, with net inflows of €12 billion driven largely by ESG-focused funds-a sector driver reflecting tightening EU sustainability regulations. The firm’s cost-to-income ratio has been pressured to 70 % amid fee compression in the asset-management industry, while its operating cash flow grew 8 % year-over-year, indicating resilience despite a low-interest-rate environment that challenges traditional fixed-income revenue.
For a deeper quantitative view, consider checking DWS’s peer-adjusted performance metrics on ValueRay to see how its risk-adjusted returns compare within the asset-management sector.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 920.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 3.75 > 1.0 |
| NWC/Revenue: -29.67% < 20% (prev -17.98%; Δ -11.70% < -1%) |
| CFO/TA 0.07 > 3% & CFO 767.0m > Net Income 920.0m |
| Net Debt (-997.0m) to EBITDA (1.05b): -0.95 < 3 |
| Current Ratio: 0.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (200.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 41.21% > 18% (prev 0.46%; Δ 4075 % > 0.5%) |
| Asset Turnover: 42.15% > 50% (prev 38.19%; Δ 3.97% > 0%) |
| Interest Coverage Ratio: 63.40 > 6 (EBITDA TTM 1.05b / Interest Expense TTM 10.0m) |
Altman Z'' 1.37
| A: -0.13 (Total Current Assets 1.63b - Total Current Liabilities 3.05b) / Total Assets 11.13b |
| B: 0.29 (Retained Earnings 3.27b / Total Assets 11.13b) |
| C: 0.06 (EBIT TTM 634.0m / Avg Total Assets 11.41b) |
| D: 0.84 (Book Value of Equity 3.51b / Total Liabilities 4.16b) |
| Altman-Z'' Score: 1.37 = BB |
Beneish M -2.63
| DSRI: 1.25 (Receivables 285.0m/212.0m, Revenue 4.81b/4.46b) |
| GMI: 1.12 (GM 41.21% / 46.31%) |
| AQI: 1.02 (AQ_t 0.84 / AQ_t-1 0.83) |
| SGI: 1.08 (Revenue 4.81b / 4.46b) |
| TATA: 0.01 (NI 920.0m - CFO 767.0m) / TA 11.13b) |
| Beneish M-Score: -2.63 (Cap -4..+1) = A |
What is the price of DWS shares?
Over the past week, the price has changed by -2.91%, over one month by +3.54%, over three months by +12.04% and over the past year by +28.36%.
Is DWS a buy, sell or hold?
What are the forecasts/targets for the DWS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 60.2 | 0.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 76.2 | 27% |
DWS Fundamental Data Overview February 01, 2026
P/E Trailing = 15.6312
P/E Forward = 13.6426
P/S = 2.8349
P/B = 1.8178
P/EG = 1.2831
Revenue TTM = 4.81b EUR
EBIT TTM = 634.0m EUR
EBITDA TTM = 1.05b EUR
Long Term Debt = 154.0m EUR (from longTermDebtTotal, last quarter)
Short Term Debt = 30.0m EUR (from shortTermDebt, last quarter)
Debt = 184.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -997.0m EUR (from netDebt column, last quarter)
Enterprise Value = 11.63b EUR (12.63b + Debt 184.0m - CCE 1.18b)
Interest Coverage Ratio = 63.40 (Ebit TTM 634.0m / Interest Expense TTM 10.0m)
EV/FCF = 15.47x (Enterprise Value 11.63b / FCF TTM 752.0m)
FCF Yield = 6.46% (FCF TTM 752.0m / Enterprise Value 11.63b)
FCF Margin = 15.64% (FCF TTM 752.0m / Revenue TTM 4.81b)
Net Margin = 19.13% (Net Income TTM 920.0m / Revenue TTM 4.81b)
Gross Margin = 41.21% ((Revenue TTM 4.81b - Cost of Revenue TTM 2.83b) / Revenue TTM)
Gross Margin QoQ = 50.07% (prev 30.62%)
Tobins Q-Ratio = 1.04 (Enterprise Value 11.63b / Total Assets 11.13b)
Interest Expense / Debt = 5.43% (Interest Expense 10.0m / Debt 184.0m)
Taxrate = 31.34% (298.0m / 951.0m)
NOPAT = 435.3m (EBIT 634.0m * (1 - 31.34%))
Current Ratio = 0.53 (Total Current Assets 1.63b / Total Current Liabilities 3.05b)
Debt / Equity = 0.03 (Debt 184.0m / totalStockholderEquity, last quarter 6.95b)
Debt / EBITDA = -0.95 (Net Debt -997.0m / EBITDA 1.05b)
Debt / FCF = -1.33 (Net Debt -997.0m / FCF TTM 752.0m)
Total Stockholder Equity = 7.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.06% (Net Income 920.0m / Total Assets 11.13b)
RoE = 12.60% (Net Income TTM 920.0m / Total Stockholder Equity 7.30b)
RoCE = 8.50% (EBIT 634.0m / Capital Employed (Equity 7.30b + L.T.Debt 154.0m))
RoIC = 6.09% (NOPAT 435.3m / Invested Capital 7.15b)
WACC = 7.33% (E(12.63b)/V(12.81b) * Re(7.38%) + D(184.0m)/V(12.81b) * Rd(5.43%) * (1-Tc(0.31)))
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 73.41% ; FCFF base≈591.6m ; Y1≈388.4m ; Y5≈177.2m
Fair Price DCF = 24.68 (EV 3.94b - Net Debt -997.0m = Equity 4.94b / Shares 200.0m; r=7.33% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 24.35 | EPS CAGR: -5.64% | SUE: 0.74 | # QB: 0
Revenue Correlation: -10.71 | Revenue CAGR: -11.00% | SUE: 1.03 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.08 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=4.85 | Chg30d=+0.075 | Revisions Net=+1 | Growth EPS=+8.2% | Growth Revenue=+3.7%