Deutsche Pfandbriefbank (PBB) AI Stock Analysis

• Market Cap: €742.98M
• Dividend Yield: 2.71%
• Average Volume (3M): 318.04K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 0.86
• Revenue Growth: 6.83%
• EPS Growth: 14.69%
• Country: DE
• Employees: 656
• Sector: Financial
• Sector Strength: 72
• Industry: Financial - Mortgages
• EPS (TTM): N/A
• Shares Outstanding: 134,475,310
• 10 Day Avg. Volume: 287,732
• 30 Day Avg. Volume: 318,042
• PEG Ratio: 0.14
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €6.35
• Price Target Upside: 15.45% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: ―

Deutsche Pfandbriefbank's stable financial performance, characterized by strong equity and stable net margins, is offset by negative cash flow metrics and revenue volatility. Technical indicators suggest a neutral market sentiment, with valuation metrics indicating potential undervaluation. The lack of dividend yield may not appeal to income investors.

Deutsche Pfandbriefbank Business Overview & Revenue Model

Company Description

Deutsche Pfandbriefbank (PBB) is a leading European specialist bank headquartered in Germany, focusing on real estate and public investment finance. The bank primarily operates across Europe and provides financing solutions to professional real estate investors and public sector clients. Its core products and services include commercial real estate loans, public investment loans, and covered bonds known as Pfandbriefe, which are used to refinance their lending activities.

How the Company Makes Money

Deutsche Pfandbriefbank makes money primarily through interest income generated from its lending activities, including commercial real estate loans and public investment finance. The bank's revenue model is based on providing medium to long-term financing solutions to professional real estate investors and public sector clients, earning interest on these loans. Additionally, PBB generates revenue from fees and commissions related to its lending and advisory services. A significant portion of its funding comes from issuing Pfandbriefe, which are secured bonds backed by the bank's loan portfolio. These covered bonds allow the bank to raise funds at competitive rates, which are then used to finance its lending operations. The bank's strong relationships with institutional investors and its reputation in the covered bond market also contribute to its earnings.

Deutsche Pfandbriefbank Financial Statement Overview

Summary

Deutsche Pfandbriefbank shows resilience with stable net margins and strong equity positioning. However, the negative cash flow metrics and revenue volatility present risks that need addressing for sustained financial health.

Income Statement

The income statement shows a significant revenue decline from previous years, but the net profit margin remains stable at approximately 16.54% for 2024, indicating effective cost management. However, EBIT and EBITDA margins are unavailable for 2024, potentially limiting insights into operational efficiency. The revenue growth rate between 2023 and 2024 is positive, suggesting a recovery from past downturns.

Balance Sheet

The balance sheet highlights strong equity with a debt-to-equity ratio of 0 for 2024, indicating no reliance on debt financing. The equity ratio is 7.74%, suggesting moderate financial stability. Return on equity (ROE) is solid at 2.63%, showing effective use of equity to generate profits. The high level of cash and equivalents improves liquidity.

Cash Flow

Cash flow analysis reveals negative free cash flow for 2024, which could pose liquidity challenges. The operating cash flow to net income ratio is negative, indicating potential issues in converting income into cash. The free cash flow to net income ratio also reflects this concern.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	544.00M	391.00M	1.64B	1.59B	1.59B
Gross Profit	544.00M	603.00M	487.00M	1.59B	1.59B
EBITDA	125.00M	117.00M	0.00	0.00	0.00
Net Income	90.00M	91.00M	188.00M	229.00M	121.00M
Balance Sheet
Total Assets	44.17B	50.88B	53.01B	58.40B	58.86B
Cash, Cash Equivalents and Short-Term Investments	2.01B	2.73B	-1.04B	-6.61B	-5.38B
Total Debt	0.00	22.46B	30.08B	32.85B	30.29B
Total Liabilities	40.75B	47.52B	49.88B	55.27B	55.86B
Stockholders Equity	3.42B	3.37B	3.13B	3.12B	3.00B
Cash Flow
Free Cash Flow	-2.22B	398.00M	-32.00M	213.00M	-257.00M
Operating Cash Flow	-2.19B	421.00M	-13.00M	228.00M	-244.00M
Investing Cash Flow	1.51B	1.44B	-5.35B	1.13B	4.52B
Financing Cash Flow	-31.00M	-181.00M	-201.00M	-126.00M	-38.00M

Deutsche Pfandbriefbank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PBB, the sentiment is Positive. The current price of 5.5 is above the 20-day moving average (MA) of 5.37, above the 50-day MA of 5.36, and above the 200-day MA of 5.24, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 56.06 is Neutral, neither overbought nor oversold. The STOCH value of 48.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:PBB.

Deutsche Pfandbriefbank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HNR1	76 Outperform	€32.32B	14.36	19.63%	3.39%	9.68%	18.57%
CBK	74 Outperform	€34.16B	12.90	9.28%	2.05%	17.06%	25.66%
ALV	73 Outperform	€132.52B	13.46	16.56%	4.46%	25.33%	12.54%
DBK	70 Outperform	$55.62B	9.20	9.19%	2.34%	-4.39%	81.95%
WUW	64 Neutral	€1.30B	38.29	0.69%	4.73%	4.19%	-75.44%
PBB	63 Neutral	€742.98M	11.43	2.52%	2.71%	6.83%	14.69%
Sector *	58 Neutral	HK$92.73B	5.66	-3.20%	4.92%	5.50%	-56.25%