| KPI | [EUR m] | Q1 2024 | FY 2024 | Q1 2025 E | FY 2025 E | FY 2026 E | FY 2027 E |
|---|---|---|---|---|---|---|---|
| Profit before tax | Number of Estimates | 5 | 6 | 6 | 5 | ||
| Profit before tax | Highest | 52.0 | 222.1 | 222.4 | 193.6 | ||
| Profit before tax | Consensus (Mean) | 46.9 | 202.9 | 50.3 | 205.2 | 197.3 | 188.3 |
| Profit before tax | Median | 51.5 | 204.5 | 195.2 | 192.0 | ||
| Profit before tax | Lowest | 46.0 | 192.4 | 179.0 | 172.9 | ||
| - Fee result | Number of Estimates | 5 | 6 | 6 | 5 | ||
| - Fee result | Highest | 19.8 | 81.7 | 88.6 | 95.8 | ||
| - Fee result | Consensus (Mean) | 15.2 | 66.6 | 18.5 | 76.7 | 81.4 | 84.9 |
| - Fee result | Median | 18.0 | 76.3 | 79.9 | 82.4 | ||
| - Fee result | Lowest | 17.6 | 71.7 | 76.0 | 80.0 | ||
| - Net financial result | Number of Estimates | 5 | 6 | 6 | 5 | ||
| - Net financial result | Highest | 38.0 | 145.0 | 139.0 | 128.0 | ||
| - Net financial result | Consensus (Mean) | 29.9 | 135.6 | 33.4 | 135.8 | 125.6 | 111.7 |
| - Net financial result | Median | 33.1 | 135.3 | 127.8 | 116.4 | ||
| - Net financial result | Lowest | 30.6 | 126.9 | 110.5 | 94.3 | ||
| - Result related to risk policies | Number of Estimates | 5 | 6 | 6 | 5 | ||
| - Result related to risk policies | Highest | 4.4 | 17.7 | 17.5 | 17.3 | ||
| - Result related to risk policies | Consensus (Mean) | 2.2 | 25.4 | 3.8 | 13.8 | 13.5 | 13.7 |
| - Result related to risk policies | Median | 3.9 | 14.8 | 14.9 | 15.5 | ||
| - Result related to risk policies | Lowest | 3.0 | 5.0 | 5.0 | 5.0 | ||
| - Other result | Number of Estimates | 5 | 6 | 6 | 5 | ||
| - Other result | Highest | -4.1 | -18.3 | -19.4 | -19.2 | ||
| - Other result | Consensus (Mean) | -0.5 | -24.7 | -5.7 | -22.7 | -23.0 | -22.0 |
| - Other result | Median | -5.0 | -20.0 | -20.0 | -20.0 | ||
| - Other result | Lowest | -8.0 | -31.0 | -32.0 | -31.0 | ||
| Net profit for the reporting period | Number of Estimates | 4 | 6 | 6 | 6 | ||
| Net profit for the reporting period | Highest | 41.5 | 177.6 | 177.9 | 180.0 | ||
| Net profit for the reporting period | Consensus (Mean) | 37.7 | 164.9 | 39.6 | 163.4 | 157.3 | 154.9 |
| Net profit for the reporting period | Median | 40.1 | 163.8 | 155.0 | 152.9 | ||
| Net profit for the reporting period | Lowest | 36.8 | 152.5 | 143.2 | 138.4 | ||
| EPS (EUR) | Number of Estimates | 4 | 6 | 6 | 5 | ||
| EPS (EUR) | Highest | 0.08 | 0.35 | 0.35 | 0.31 | ||
| EPS (EUR) | Consensus (Mean) | 0.08 | 0.33 | 0.08 | 0.32 | 0.31 | 0.30 |
| EPS (EUR) | Median | 0.08 | 0.32 | 0.31 | 0.30 | ||
| EPS (EUR) | Lowest | 0.07 | 0.30 | 0.28 | 0.28 | ||
| DPS (EUR) | Number of Estimates | - | 6 | 6 | 6 | ||
| DPS (EUR) | Highest | - | 0.66 | 0.58 | 0.58 | ||
| DPS (EUR) | Consensus (Mean) | - | 0.33 | - | 0.42 | 0.40 | 0.39 |
| DPS (EUR) | Median | - | 0.38 | 0.36 | 0.35 | ||
| DPS (EUR) | Lowest | - | 0.30 | 0.30 | 0.30 | ||
| Net flow | Number of Estimates | 3 | 3 | 3 | 3 | ||
| Net flow | Highest | 293.1 | 908.2 | 892.0 | 900.7 | ||
| Net flow | Consensus (Mean) | 246.0 | 391.5 | 220.6 | 784.4 | 769.7 | 705.1 |
| Net flow | Median | 185.0 | 775.0 | 817.1 | 634.5 | ||
| Net flow | Lowest | 183.7 | 670.0 | 600.0 | 580.0 | ||
| Client AuM | Number of Estimates | 3 | 5 | 5 | 4 | ||
| Client AuM | Highest | 14,417.0 | 15,564.7 | 17,426.4 | 19,144.3 | ||
| Client AuM | Consensus (Mean) | 12,504.0 | 13,957.0 | 14,335.1 | 15,337.8 | 16,708.8 | 18,377.2 |
| Client AuM | Median | 14,306.4 | 15,204.2 | 16,507.0 | 18,438.2 | ||
| Client AuM | Lowest | 14,282.0 | 15,175.0 | 16,117.0 | 17,488.1 | ||
| Solvency ratio (%) | Number of Estimates | 4 | 5 | 5 | 4 | ||
| Solvency ratio (%) | Highest | 214.0 | 216.6 | 249.0 | 245.0 | ||
| Solvency ratio (%) | Consensus (Mean) | 216.5 | 210.4 | 212.0 | 207.1 | 214.7 | 215.2 |
| Solvency ratio (%) | Median | 212.0 | 208.0 | 206.0 | 213.0 | ||
| Solvency ratio (%) | Lowest | 210.0 | 195.0 | 193.0 | 190.0 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
