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flatexDEGIRO AG (FTK.DE)

EUR37.60 -0.40 (-1.05%)
DE XETRA Financial Services Financial - Capital Markets
Address Rotfeder-Ring 7 60327
Frankfurt am Main, DE
CEO Oliver Behrens
Website flatex.com
IPO 2010-08-05
ISIN DE000FTG1111

Explore sections of this company profile

Also trades on Deutsche Börse · FTK.DE (EUR) London Stock Exchange · 0W89.L (EUR) Other OTC · FNNTF (USD)
Description

flatexDEGIRO AG is a European provider of online brokerage services and IT solutions for the finance and financial technology industries. The company operates through two primary divisions: Financial Services (FIN) and Technologies (TECH). The FIN segment offers a comprehensive suite of services, including online brokerage for individual consumers, white-label banking for businesses, electronic securities settlement, custody account administration, and a variety of other banking products. This segment also provides business process outsourcing, technical transaction processing, cash management, and securities-backed lending, in addition to engaging in treasury and investment activities. The TECH segment focuses on the development, production, distribution, and maintenance of software, hardware, and overall information technology infrastructure. It further provides a platform designed for banking operations, corporate payment products, and is responsible for developing and running the Limit Order System, which monitors limit orders from European brokers against price feeds from connected issuers. Founded in 1999 and based in Frankfurt am Main, Germany, the company was formerly known as flatex AG before rebranding to flatexDEGIRO AG in October 2020.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR37.60 -0.40 (-1.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
345.8K
Beta
1.02
Float Shares
84.94M
Free Float %
79.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.42% +5.95% +10.96% +9.73% +2.11% -6.78% +38.27% +273.70% +31.60% +762.76% +3,031.48%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
37.60
DCF (Unlevered) 60.86 +61.9%
DCF (Levered) 116.44 +209.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 58% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 6 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.73
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✓ MOAT relativo
  • ✓
    Revenue growth Financial - Capital Markets: +19.7%
    +21.0% ★ Q4'25: +39.6% (vs Q4'23)
  • ✓
    EPS growth Financial - Capital Markets: +35.3%
    +43.1% ★ Q4'25: +53.2% (vs Q4'23)
  • ✓
    FCF margin FCF growth · Financial - Capital Markets: +29.5%
    +380.8% ★ Q4'25: +519.5% (vs Q4'23)
  • ✓
    EBIT margin Financial - Capital Markets: +33.5%
    +39.6% ★ Q4'25: +38.6% (vs Q4'23)
  • ✓
    ROIC Financial - Capital Markets: +4.0%
    — Q4'25: -8.6% (vs Q4'23)
  • ✓
    Share dilution Financial - Capital Markets: +0.0%
    -0.4% ★ Q4'25: +0.0% (vs Q4'23)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    0.46× ★ Q4'25: 0.23× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.98) × ERP
WACC = 97% × Ke + 3% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 60.86 Current price: 37.60
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual 		Dec 2014
actual 		Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
9 Rev. Ana.
9 EPS Ana. 		Dec 2027
10 Rev. Ana.
10 EPS Ana. 		Dec 2028
8 Rev. Ana.
8 EPS Ana. 		Dec 2029
7 Rev. Ana.
6 EPS Ana.
Revenue
15.52M
est: 16.05M (-3.3%)
17.03M
est: 22.03M (-22.7%)
65.56M
est: 81.63M (-19.7%)
86.46M
est: 94.76M (-8.8%)
102.41M
est: 103.93M (-1.5%)
112.98M
est: 121.10M (-6.7%)
131.95M
est: 133.07M (-0.8%)
261.49M
est: 253.59M (+3.1%)
417.58M
est: 412.74M (+1.2%)
406.96M
est: 372.80M (+9.2%)
390.73M
est: 432.08M (-9.6%)
462.50M
est: 466.60M (-0.9%)
559.70M
est: 546.19M (+2.5%)
624.21M
598.73M – 634.91M
+14.3% YoY
694.83M
597.00M – 737.01M
+11.3% YoY
771.26M
766.66M – 775.86M
+11.0% YoY
767.50M
695.97M – 798.17M
-0.5% YoY
EBITDA
4.34M
est: 6.33M (-31.5%)
4.00M
est: 8.52M (-53.1%)
19.74M
est: -40.16M (+149.2%)
29.88M
est: -1.04M (+2,986.7%)
31.01M
est: 18.11M (+71.3%)
40.35M
est: 33.38M (+20.9%)
37.53M
est: 38.49M (-2.5%)
98.53M
est: 52.36M (+88.2%)
128.43M
est: 66.32M (+93.7%)
192.35M
est: 72.65M (+164.8%)
139.67M
est: 179.23M (-22.1%)
211.86M
est: 188.40M (+12.5%)
267.70M
est: 226.56M (+18.2%)
258.92M
248.36M – 263.36M
+14.3% YoY
288.22M
247.64M – 305.71M
+11.3% YoY
319.92M
318.01M – 321.83M
+11.0% YoY
318.36M
288.69M – 331.08M
-0.5% YoY
EBIT
3.12M
est: 5.04M (-38.1%)
3.22M
est: 6.78M (-52.5%)
17.25M
est: 13.67M (+26.1%)
25.84M
est: 17.63M (+46.5%)
26.86M
est: 28.27M (-5.0%)
32.17M
est: 30.20M (+6.5%)
25.13M
est: 34.59M (-27.4%)
78.49M
est: 41.97M (+87.0%)
96.60M
est: 53.16M (+81.7%)
161.76M
est: 58.23M (+177.8%)
105.27M
est: 143.91M (-26.8%)
171.65M
est: 151.27M (+13.5%)
221.60M
est: 181.91M (+21.8%)
207.90M
199.41M – 211.46M
+14.3% YoY
231.42M
198.84M – 245.47M
+11.3% YoY
256.88M
255.34M – 258.41M
+11.0% YoY
255.62M
231.80M – 265.84M
-0.5% YoY
Net Income
2.81M
est: 33.51M (-91.6%)
5.59M
est: -60.62M (+109.2%)
14.01M
est: -32.90M (+142.6%)
16.39M
est: -1.79M (+1,017.5%)
16.80M
est: 9.35M (+79.7%)
21.04M
est: 19.15M (+9.9%)
14.89M
est: 19.74M (-24.6%)
49.91M
est: 25.24M (+97.7%)
51.54M
est: 31.97M (+61.2%)
106.07M
est: 74.20M (+43.0%)
71.86M
est: 112.63M (-36.2%)
111.50M
est: 114.28M (-2.4%)
160.40M
est: 172.10M (-6.8%)
199.81M
191.28M – 229.48M
+16.1% YoY
235.75M
219.03M – 293.62M
+18.0% YoY
278.14M
221.20M – 391.35M
+18.0% YoY
336.17M
295.44M – 353.63M
+20.9% YoY
SGA
8.50M
est: 2.82M (+201.6%)
9.35M
est: 3.79M (+146.6%)
14.85M
est: 55.28M (-73.1%)
13.09M
est: 42.67M (-69.3%)
17.87M
est: 43.21M (-58.7%)
21.34M
est: 50.12M (-57.4%)
27.58M
est: 51.84M (-46.8%)
40.44M
est: 95.29M (-57.6%)
73.85M
est: 120.70M (-38.8%)
77.84M
est: 132.23M (-41.1%)
72.01M
est: 62.49M (+15.2%)
78.93M
est: 65.68M (+20.2%)
—
est: 78.99M (-100.0%)
90.27M
86.59M – 91.82M
+14.3% YoY
100.48M
86.34M – 106.59M
+11.3% YoY
111.54M
110.87M – 112.20M
+11.0% YoY
110.99M
100.65M – 115.43M
-0.5% YoY
EPS
0.08
est: 0.30 (-75.0%)
-0.14
est: -0.55 (+74.3%)
-0.03
est: 0.12 (-128.0%)
0.19
est: 0.25 (-22.6%)
0.25
est: 0.26 (-5.4%)
0.24
est: 0.30 (-19.7%)
0.19
est: 0.25 (-23.0%)
0.55
est: 0.53 (+4.7%)
0.47
est: 0.91 (-48.1%)
0.97
est: 0.70 (+38.3%)
0.65
est: 1.03 (-36.8%)
1.02
est: 1.07 (-5.1%)
1.46
est: 1.55 (-6.0%)
1.93
1.74 – 2.08
+23.9% YoY
2.32
1.99 – 2.67
+20.4% YoY
2.67
2.01 – 3.55
+15.1% YoY
3.05
2.68 – 3.21
+14.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-28 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-27 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-26 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-25 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-22 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-21 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-20 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-19 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-18 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-15 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-14 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-13 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-12 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-11 B+ 3/5 5/5 5/5 4/5 3/5 1/5 1/5
2026-05-08 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-05-07 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-05-06 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-05-05 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-05-04 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-04-30 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-04-29 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-04-28 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-04-27 A- 4/5 5/5 5/5 5/5 3/5 1/5 1/5
2026-04-24 B+ 3/5 5/5 5/5 5/5 2/5 1/5 1/5
2026-04-23 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-22 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-21 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-20 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-17 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-16 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-15 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.36B
OE per share TTM
21.45
Owner's Yield
63.46%
Maintenance CapEx ratio
1.92%
Maint CapEx / Avg PPE
10.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
177.3K
Shares Outstanding
107.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Oliver Behrens Chief Executive Officer & Chairman of Management Board 2M male
Benon Janos Deputy Chief Executive Officer, Chief Financial Officer & Member of the Management Board 1M —
Christiane Strubel Chief Human Resource Officer & Member of Management Board 706.0K female
Laura Hecker Director of Investor Relations — female
Stefan Armbruster MD & Co-Head of B2C — male
Achim Schreck Head of Investor Relations & Corporation Communications — male
Thomas Lindner Global Head of Finance & Procurement — —
Evgeni Kaplun Chief Risk Officer — male
Jens Möbitz Chief Operating Officer & Member of the Management Board — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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