Deutsche Boerse AGDBOEF -1.33%93 ROE % is 21.32% as of Mar. 2026, which is 13% above its 10-year median of 18.89. GuruFocus rates DBOEF with a GF Score™ of 93/100 and a GF Value™ of $263.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 791 Capital Markets companies, Deutsche Boerse AG ranks better than 79.39% on this metric.
The historical rank and industry rank for Deutsche Boerse AG's ROE % or its related term are showing as below:
DBOEF'
s ROE % Range Over the Past 10 Years
Min: 17.06 Med: 18.89 Max: 31.67
Current: 18.92
During the past 13 years, Deutsche Boerse AG's highest ROE % was 31.67%. The lowest was 17.06%. And the median was 18.89%.
DBOEF's ROE % is ranked better than 79.39% of 791
companies
in the Capital Markets industry
Industry Median: 6
vs DBOEF: 18.92
Deutsche Boerse AG (OTCPK:DBOEF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Deutsche Boerse AG ROE % Related Terms
Deutsche Boerse AG ROE % Historical Data
* Premium members only.
The historical data trend for Deutsche Boerse AG's ROE % 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.
For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG's ROE %, along with its competitors' market caps and ROE % 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.
Deutsche Boerse AG ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's ROE % distribution charts can be found below:
* The bar in red indicates where Deutsche Boerse AG's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Deutsche Boerse AG (DBOEF) has a ROE % of 21.32% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Deutsche Boerse AG and its competitors. This is 13% above median its historical median of 18.89. Over the past decade, Deutsche Boerse AG's ROE % has ranged from 17.06 to 31.67. According to the industry distribution chart, Deutsche Boerse AG ranks #163 out of 791 companies in the Capital Markets industry, placing it in the top 20.6%.
Is Deutsche Boerse AG's ROE % too high?
Deutsche Boerse AG's current ROE % of 21.32% is 13% above median its 10-year median of 18.89. Over the past 10 years, this metric has ranged from a low of 17.06 to a high of 31.67. The Capital Markets industry median ROE % is 6.00. Deutsche Boerse AG's value of 21.32% is 255.3% above this industry median. Based on the distribution chart, Deutsche Boerse AG ranks #163 out of 791 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Deutsche Boerse AG has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Boerse AG's ROE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Deutsche Boerse AG ranks #163 out of 791 companies for ROE %. This places Deutsche Boerse AG in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. Deutsche Boerse AG's value of 21.32% is 255.3% above this benchmark. Historically, Deutsche Boerse AG's own ROE % has ranged from 17.06 to 31.67 over the past decade. While the company's 10-year median is 18.89 vs. the industry median of 6.00, Deutsche Boerse AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Boerse AG's current ROE % of 21.32% is 255.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Deutsche Boerse AG and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Boerse AG's current ROE % is 21.32%, which is 13% above median its own 10-year median of 18.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Boerse AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Boerse AG (DBOEF) is currently considered Fairly Valued. The stock's GF Value™ is $263.82, compared to a current price of $273.90 — trading 3.8% above its estimated fair value. The current ROE % is 21.32%, which is 13% above median its 10-year median of 18.89 and 255.3% above the Capital Markets industry median of 6.00. Deutsche Boerse AG's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Deutsche Boerse AG (DBOEF), the current ROE % is 21.32% as of Mar. 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 Deutsche Boerse AG (DBOEF) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Boerse AG stock appears to be overvalued.
The current stock price of $273.90 is trading 3.8% above its estimated GF Value™ of $263.82.
GuruFocus considers Deutsche Boerse AG to be Fairly Valued.
Key valuation signals for DBOEF:
ROE %: 21.32% (13% above median its 10-year median of 18.89)
GF Value™: $263.82 vs. price of $273.90 (3.8% above fair value)
Industry Position: 255.3% above the Capital Markets median (#163 of 791)
No single metric tells the full story. See the DBOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deutsche Börse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments are Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
93GF Score
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