Borussia Dortmund GmbH & Co. KGaA (DE:BVB)
XETRA:BVB
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Borussia Dortmund GmbH & Co. KGaA
(XETRA:BVB)
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Rating:65Neutral
Price Target:
€3.00
▼(-7.98% Downside)
Action:ReiteratedDate:02/19/26
The score is primarily supported by strong revenue growth and a conservative balance sheet with low leverage, but constrained by thin margins and volatile cash conversion (negative TTM free cash flow). Technical indicators are mostly neutral with weak longer-term trend signals, while valuation appears moderate with a modest dividend yield.
Positive Factors
Revenue Growth
A 41.4% TTM revenue surge reflects durable commercial and matchday momentum: stronger sponsorship, merchandising and media inflows. Sustained top-line expansion increases capacity to invest in sporting quality and brand initiatives, bolstering long-term competitiveness.
Negative Factors
Cash Generation Volatility
Despite meaningful operating cash flow, recurring negative free cash flow in the TTM (and historically) shows cash conversion volatility driven by transfer spending and working-capital swings. This undermines predictable funding for capex, transfers, or shareholder returns over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 41.4% TTM revenue surge reflects durable commercial and matchday momentum: stronger sponsorship, merchandising and media inflows. Sustained top-line expansion increases capacity to invest in sporting quality and brand initiatives, bolstering long-term competitiveness.
Read all positive factors
Borussia Dortmund GmbH & Co. KGaA (BVB) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€336.10M
Dividend Yield1.84%
Average Volume (3M)134.99K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue Growth2.24%
EPS GrowthN/A
CountryDE
Employees1,044
SectorGeneral
Sector StrengthN/A
IndustryEntertainment
Share Statistics
EPS (TTM)-0.04
Shares Outstanding110,396,220
10 Day Avg. Volume196,161
30 Day Avg. Volume134,991
Financial Highlights & Ratios
PEG Ratio-0.78
Price to Book (P/B)1.33
Price to Sales (P/S)0.76
P/FCF Ratio8.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€5.00Price Target Upside53.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.13
Revenue Forecast (FY)€474.40M
Borussia Dortmund GmbH & Co. KGaA Business Overview & Revenue Model
Company Description
Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien, through its subsidiaries, operates a football club in Germany. The company operates a football club in Dortmund under the SIGNAL IDUNA PARK name, including a professional football squa...
How the Company Makes Money
BVB generates revenue primarily by monetizing its football operations and the Borussia Dortmund brand across several major streams: (1) Broadcasting and media rights: The club earns distributions from domestic and international football media-righ...
Borussia Dortmund GmbH & Co. KGaA Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
83
Very Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 540.96M | 573.82M | 509.11M | 418.24M | 351.64M | 334.17M |
| Gross Profit | 420.38M | 546.46M | 476.40M | 394.13M | 329.00M | 314.58M |
| EBITDA | 142.19M | 115.85M | 158.16M | 126.52M | 84.96M | 39.24M |
| Net Income | 17.41M | 6.50M | 44.31M | 9.55M | -31.89M | -72.81M |
Balance Sheet | ||||||
| Total Assets | 622.46M | 615.65M | 589.68M | 511.83M | 455.06M | 450.52M |
| Cash, Cash Equivalents and Short-Term Investments | 8.40M | 20.63M | 4.36M | 4.50M | 10.57M | 1.73M |
| Total Debt | 52.90M | 47.11M | 40.58M | 34.59M | 17.18M | 77.96M |
| Total Liabilities | 283.74M | 289.32M | 262.67M | 229.13M | 185.28M | 217.88M |
| Stockholders Equity | 338.72M | 326.33M | 327.01M | 282.70M | 273.15M | 232.64M |
Cash Flow | ||||||
| Free Cash Flow | -12.31M | 48.78M | -92.86M | -93.44M | -46.04M | -75.78M |
| Operating Cash Flow | 99.58M | 57.71M | 47.20M | 54.43M | 35.07M | 15.95M |
| Investing Cash Flow | -41.91M | -36.73M | -51.59M | -76.75M | -51.36M | -62.02M |
| Financing Cash Flow | -50.37M | -4.71M | 4.25M | 16.25M | 25.14M | 52.51M |
Borussia Dortmund GmbH & Co. KGaA Technical Analysis
Neutral
3.26
Price Trends
3.16
Negative
3.22
Negative
3.40
Negative
Market Momentum
-0.04
Negative
46.14
Neutral
77.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BVB, the sentiment is Neutral. The current price of 3.26 is above the 20-day moving average (MA) of 3.03, above the 50-day MA of 3.16, and below the 200-day MA of 3.40, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 46.14 is Neutral, neither overbought nor oversold. The STOCH value of 77.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:BVB.
Borussia Dortmund GmbH & Co. KGaA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | €336.10M | -21.28 | 5.17% | 1.84% | 2.24% | ― | |
64 Neutral | €4.90B | 27.18 | 28.61% | 2.13% | 11.15% | 14.71% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €882.13M | -2.07 | -0.48% | 1.03% | -4.06% | 82.42% | |
47 Neutral | €16.84M | 5.63 | -13.34% | ― | 9.83% | -43.74% |
* General Sector Average
DE:BVB
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.