Added to YB: 2025-10-20
Pitch date: 2025-10-16
FTK.DE [neutral]
flatexDEGIRO AG
+6.36%
current return
Author Info
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Company Info
flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe.
Market Cap
EUR 3.4B
Pitch Price
EUR 31.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
23.46
EV/Sales
N/A
Sector
Capital Markets
Category
growth
FlatexDEGIRO (FTK Germany): Riding the trading wave, but valuation keeps expectations high
FTK.DE (quick overview): Q3 rev €132M (+18% YOY), net income €39M beat estimates; FY guidance raised to 10-15% rev growth, 34-43% earnings growth (€150-160M). Trading rebound drove commission income, securities lending expanding. 30% op margins from cost control, but 20x P/E leaves no room for error.
Read full article (2 min)