Flatex AG (XTER:FTK) 3-Year Book Growth Rate : 14.50% (As of Dec. 2023)

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What is Flatex AG 3-Year Book Growth Rate?

Flatex AG's Book Value per Share for the quarter that ended in Dec. 2023 was €6.12.

During the past 12 months, Flatex AG's average Book Value per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 25.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 25.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Flatex AG was 38.80% per year. The lowest was 6.10% per year. And the median was 26.00% per year.

Competitive Comparison of Flatex AG's 3-Year Book Growth Rate

For the Capital Markets subindustry, Flatex AG's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flatex AG's 3-Year Book Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flatex AG's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Flatex AG's 3-Year Book Growth Rate falls into.

Flatex AG 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Flatex AG (XTER:FTK) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Flatex AG 3-Year Book Growth Rate Related Terms

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Flatex AG (XTER:FTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Flatex AG (XTER:FTK) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

FNNTF:USA 0W89:UK

Address

Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312

Website

https://www.flatex.com

Flatex AG is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies.

Executives

Steffen Jentsch	Chief Process Officer
Frank Niehage	CEO
Dr. Matthias Heinrich	Chief Risk Officer
Muhamad Said Chahrour	CFO
Martin Korbmacher	Chairman of the Supervisory Board