Borussia Dortmund (BVB)

Business description

The group operates Borussia Dortmund, a leading German football club, DFB Cup winners in 2016/17 and competing in this season’s UEFA Champions League (quarter-finalists in 2016/17).

Stock data

Market cap.€697.9m
Last close€7.59
High / Low (52 weeks)€8.3 / €4.8
Stock market listingDE
Forecast net cash (€m)77
Forecast gearing ratio (%)N/A
TeamConsumer
SectorTravel & Leisure

Price performance

%1m3m12m
Actual(3.682)21.51238.684
Relative *(7.254)15.80513.043

* % Relative to local index

Other companies in sector Show

Company news

7.86

Thu, 09 Jan 2014 15:18:30 GMT

Star Soccer Player's Sale Seals Dortmund's Summer Rally: Chart

Fri, 25 Aug 2017 15:45:00 GMT

BRIEF-‍Borussia Dortmund and head coach Thomas Tuchel terminate cooperation ...

Tue, 30 May 2017 12:04:25 GMT

Borussia Dortmund suspend Ousmane Dembele for missing training after rejecting ...

Thu, 10 Aug 2017 15:33:45 GMT

Sweden's 'next Zlatan' signs for Borussia Dortmund

Mon, 23 Jan 2017 15:15:35 GMT

Y/E Jun Revenue (€m) EBITDA (€m) PBT (€m) EPS (c) P/E (x) P/CF (x)
2016A 376.3 86.7 73.8 68.2 11.1 15.7
2017A 405.7 74.1 61.1 56.4 13.5 57.2
2018E 505.0 102.0 88.5 81.7 9.3 58.2
2019E 462.0 97.0 83.5 77.2 9.8 18.9

Last updated on 04/10/2017

Latest research

Plenty in reserve

Update | Travel & Leisure | 04/10/2017

Hitting form

Update | Travel & Leisure | 16/03/2017

Giving their all

QuickView | Travel & Leisure | 08/11/2016

Warming up

Update | Travel & Leisure | 05/10/2016

Fresh start

Update | Travel & Leisure | 15/07/2016

The price of success

Update | Travel & Leisure | 11/03/2016

Meeting its goals

QuickView | Travel & Leisure | 09/11/2015

Coming into range

Update | Travel & Leisure | 22/10/2015

Tip top

Update | Travel & Leisure | 27/08/2015

Costs!

Update | Travel & Leisure | 15/07/2015

Still much to play for

Update | Travel & Leisure | 17/04/2015

Daily comment

Institutional Comment | Travel & Leisure | 26/08/2014

Investment summary

Borussia Dortmund enters the international break in good heart as wire-to-wire leaders of the Bundesliga after a record start to the season (19 points after seven games). It is early days but confirmation of a favourable reaction to new coach Peter Bosz and key player signings even if found wanting at the highest level in recent Champions League. A positive annual report and the remarkable sale of Dembélé to Barcelona further prompt us to raise substantially our current-year forecast. For FY19 we are confident that Dortmund’s conspicuously successful development record and transfer policy as well as initial benefits from Champions League reform should generate another strong outturn, even if Dembélé makes FY18 a hard act to follow.

Last updated on 04/10/2017

Industry outlook

Unsustainable spend on wages and transfers is increasingly being penalised by UEFA Financial Fair Play requirements. A 'break-even requirement' obliges clubs to spend no more than they generate over a rolling three-year period. Sanctions vary from a warning to a ban from UEFA competition, fines and a cap on wages and squad size.

Last updated on 03/10/2017

Key management

Thomas Treß, CFO

Company address

Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
D-44137
Dortmund
Germany
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