Allfunds has agreed to Deutsche Boerse's acquisition terms. The deal is expected to close in the first half of 2027, pending regulatory approval. We think regulatory approval will mostly focus on bundling of Allfunds' distribution platform with Deutsche Boerse's post-trade and custody services.
Growing market penetration of open-architecture fund distribution is a medium- to long-term tailwind in Allfunds’ sails.
A continued shift toward passive investing could weigh on Allfunds’ platform margin.
|
Metric
|
ALLFG
|
ENX
|
LSEG
|
|---|---|---|---|
Price/Earnings (Normalized) | 134.51 | 21.27 | 18.23 |
Price/Book Value | 3.00 | 3.44 | 2.11 |
Price/Sales | 8.26 | 8.41 | 4.29 |
Price/Cash Flow | 16.62 | 17.92 | 9.59 |
|
Metric
|
ALLFG
|
ENX
|
LSEG
|
|---|---|---|---|
Quick Ratio | 0.93 | 0.00 | 0.01 |
Current Ratio | 0.93 | 1.00 | 1.00 |
Interest Coverage | 7.22 | 41.55 | 6.59 |
|
Metric
|
ALLFG
|
ENX
|
LSEG
|
|---|---|---|---|
Return on Assets (Normalized) | 4.76% | 0.22% | 0.32% |
Return on Equity (Normalized) | 14.10% | 17.94% | 13.33% |
Return on Invested Capital (Normalized) | 5.75% | 10.49% | 8.39% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States