Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Flatexdegiro SEFNNTF 89 Forward PE Ratio is 19.21 as of Jul. 25, 2026. GuruFocus rates FNNTF with a GF Score™ of 89/100 and a GF Value™ of $24.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 221 Capital Markets companies, Flatexdegiro SE ranks worse than 61.09% on this metric.
Flatexdegiro SE (OTCPK:FNNTF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Flatexdegiro SE Forward PE Ratio Related Terms
Flatexdegiro SE Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Flatexdegiro SE's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flatexdegiro SE Forward PE Ratio Chart
Flatexdegiro SE Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
12.46
16.86
Flatexdegiro SE Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
12.46
19.49
16.86
FNNTF vs MS, GS, SCHW: Forward PE Ratio Comparison
For the Capital Markets subindustry, Flatexdegiro SE's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flatexdegiro SE Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Flatexdegiro SE's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Flatexdegiro SE's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Flatexdegiro SE (FNNTF) has a Forward PE Ratio of 19.21 as of Jul. 25, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Flatexdegiro SE and its competitors. According to the industry distribution chart, Flatexdegiro SE ranks #135 out of 221 companies in the Capital Markets industry, placing it in the top 61.1%.
Is Flatexdegiro SE's Forward PE Ratio too high?
Flatexdegiro SE's current Forward PE Ratio is 19.21. The Capital Markets industry median Forward PE Ratio is 15.93. Flatexdegiro SE's value of 19.21 is 20.6% above this industry median. Based on the distribution chart, Flatexdegiro SE ranks #135 out of 221 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Flatexdegiro SE has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flatexdegiro SE's Forward PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Flatexdegiro SE ranks #135 out of 221 companies for Forward PE Ratio. This places Flatexdegiro SE in the lower half of its industry. The industry median Forward PE Ratio is 15.93. Flatexdegiro SE's value of 19.21 is 20.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 15.93, based on 221 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flatexdegiro SE's current Forward PE Ratio of 19.21 is 20.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Flatexdegiro SE and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flatexdegiro SE's current Forward PE Ratio is 19.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flatexdegiro SE stock overvalued right now?
Based on GuruFocus' analysis, Flatexdegiro SE (FNNTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.83, compared to a current price of $43.25 — trading 74.2% above its estimated fair value. The current Forward PE Ratio is 19.21 and 20.6% above the Capital Markets industry median of 15.93. Flatexdegiro SE's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Flatexdegiro SE (FNNTF), the current Forward PE Ratio is 19.21 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flatexdegiro SE (FNNTF) Overvalued in 2026?
Based on GuruFocus' analysis, Flatexdegiro SE stock appears to be overvalued.
The current stock price of $43.25 is trading 74.2% above its estimated GF Value™ of $24.83.
GuruFocus considers Flatexdegiro SE to be Significantly Overvalued.
Key valuation signals for FNNTF:
Forward PE Ratio: 19.21
GF Value™: $24.83 vs. price of $43.25 (74.2% above fair value)
Industry Position: 20.6% above the Capital Markets median (#135 of 221)
No single metric tells the full story. See the FNNTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flatexdegiro SE is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than a million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are flatex and Degiro. It derives maximum revenue from Degiro segment.
89GF Score
Get the complete analysis for FNNTF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FNNTF has been successfully added to your 
