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wallstreet:online AG
(XETRA:SB1)
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Rating:44Neutral
Price Target:
€8.00
▼(-4.99% Downside)
Action:Reiterated
Date:10/06/26
The score is held down primarily by weakened financial quality—sharply worse profitability in 2025 (negative gross profit and deeper net loss) and reduced cash-flow strength versus 2024—despite improved revenue growth and low leverage. Technical signals also remain bearish with the stock trading below major moving averages and weak momentum. Valuation provides limited support due to the negative P/E and lack of dividend yield data.
Positive Factors
Revenue growth
Improving revenue demonstrates that the group continues to expand its commercial activity across digital finance media and brokerage services. Sustained top-line growth can support operating leverage and strengthen the platform’s ability to deepen user monetization over the next several quarters.
Negative Factors
Severe profitability deterioration
The sharp deterioration in gross profit and net income shows that revenue growth is not currently translating into healthy economics. Persistently negative margins can consume equity, restrict investment capacity, and make future earnings recovery dependent on a meaningful improvement in the cost structure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth
Improving revenue demonstrates that the group continues to expand its commercial activity across digital finance media and brokerage services. Sustained top-line growth can support operating leverage and strengthen the platform’s ability to deepen user monetization over the next several quarters.
Read all positive factors
wallstreet:online AG (SB1) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€140.29M
Dividend Yield7.69%
Average Volume (3M)5.06K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth20.44%
EPS Growth-75.60%
CountryDE
Employees268
SectorFinancial
Sector Strength70
IndustryFinancial - Data & Stock Exchanges
Share Statistics
EPS (TTM)-0.49
Shares Outstanding16,781,252
10 Day Avg. Volume4,770
30 Day Avg. Volume5,061
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)6.25
Price to Sales (P/S)3.55
P/FCF Ratio158.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.53
Revenue Forecast (FY)€69.81M
wallstreet:online AG Business Overview & Revenue Model
Company Description
Smartbroker Holding AG, headquartered in Berlin, Germany, provides an online brokerage service to clients across Germany. This platform distinctively blends the comprehensive product suite of conventional brokers with the attractive, budget-friend...
How the Company Makes Money
wallstreet:online AG generates revenue primarily through (1) digital advertising and marketing services on its finance portals (e.g., display advertising, sponsorships, and other performance/lead-generation formats sold to financial services provi...
wallstreet:online AG Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
66
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 71.39M | 68.28M | 57.45M | 46.54M | 52.79M | 48.83M |
| Gross Profit | -96.00K | -2.25M | 36.56M | 29.65M | 34.12M | 23.85M |
| EBITDA | 1.64M | -600.00K | 9.26M | 1.56M | 8.80M | 3.38M |
| Net Income | -8.16M | -10.56M | -1.39M | -5.97M | -10.09M | -560.00K |
Balance Sheet | ||||||
| Total Assets | 47.87M | 52.81M | 63.36M | 63.84M | 73.93M | 75.38M |
| Cash, Cash Equivalents and Short-Term Investments | 18.97M | 19.87M | 22.01M | 12.26M | 27.37M | 25.53M |
| Total Debt | 3.47M | 2.93M | 6.19M | 10.45M | 14.87M | 5.70M |
| Total Liabilities | 12.08M | 14.03M | 14.24M | 20.79M | 24.50M | 25.88M |
| Stockholders Equity | 35.79M | 38.78M | 49.15M | 43.07M | 49.40M | 49.10M |
Cash Flow | ||||||
| Free Cash Flow | 2.50M | 1.53M | 6.13M | -11.44M | -15.51M | 1.45M |
| Operating Cash Flow | 2.56M | 1.65M | 9.99M | 189.00K | 5.04M | 13.93M |
| Investing Cash Flow | -680.00K | -557.00K | -3.43M | -11.01M | -21.99M | -19.79M |
| Financing Cash Flow | -801.00K | -3.26M | 3.21M | -4.51M | 18.67M | 17.16M |
wallstreet:online AG Technical Analysis
Negative
8.42
Price Trends
8.48
Negative
9.37
Negative
11.07
Negative
Market Momentum
-0.03
Positive
45.63
Neutral
47.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:SB1, the sentiment is Negative. The current price of 8.42 is below the 20-day moving average (MA) of 8.54, below the 50-day MA of 8.48, and below the 200-day MA of 11.07, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 45.63 is Neutral, neither overbought nor oversold. The STOCH value of 47.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:SB1.
wallstreet:online AG Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | €2.82B | 14.52 | 20.76% | 1.17% | 20.27% | 50.28% | |
58 Neutral | €187.50M | 134.17 | 6.20% | 0.43% | ― | ― | |
57 Neutral | €147.23M | 2.09 | 60.82% | 25.64% | 61.60% | 138.84% | |
44 Neutral | €140.29M | -16.37 | -21.89% | 7.69% | 20.44% | -75.60% |
* Financial Sector Average
DE:SB1
wallstreet:online AG
8.36
-2.99
-26.34%
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2.09%
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DE:LUS1
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DE:T2G
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81.50
-4.01
-4.69%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.