DWS spent its first years as a listed company dogged by problems mostly of its own making. Multiple leadership changes left it without a clear strategy or a sense of what it wanted to be, and it lacked control over a cost base largely set by parent Deutsche Bank. To top it all, a greenwashing scandal hit while assets were already leaving.
DWS is a leader in the attractive German retail market with a 25%-plus share. Outside of Deutsche Bank, DWS has other long-term distribution agreements, some of which give it full or partial exclusivity.
DWS' move toward passive strategies makes it more reliant on a highly competitive and less differentiated part of asset management.
|
Metric
|
DWS
|
AMUN
|
|---|---|---|
Price/Earnings (Normalized) | 12.57 | 13.74 |
Price/Book Value | 1.78 | 1.45 |
Price/Sales | 2.60 | 2.66 |
Price/Cash Flow | 15.49 | 12.89 |
|
Metric
|
DWS
|
AMUN
|
|---|---|---|
Quick Ratio | 0.52 | 1.29 |
Current Ratio | 0.52 | 2.23 |
Interest Coverage | — | 12.58 |
|
Metric
|
DWS
|
AMUN
|
|---|---|---|
Return on Assets (Normalized) | 7.05% | 3.82% |
Return on Equity (Normalized) | 11.24% | 12.10% |
Return on Invested Capital (Normalized) | 10.96% | 10.96% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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United States