JDC Group

DB: A8A

€94.5m market cap

€7.2 last close

JDC Group is a financial services group providing advice and financial services, both directly to end-customers and via independent intermediaries. It operates one of the largest broker pools in Germany and recently acquired comparison website GELD.de. Digital advice and administration capabilities are a focus of strategy to drive organic growth and position the group as a consolidator.

Investment summary

JDC Group’s (JDC) efforts to develop its digital platform to provide administrative and sales support and to stimulate its clients’ bancassurance business have started to drive earnings. As new contracts are onboarded, JDC should further strengthen its market position and also leverage the broader trend where traditional financial institutions enter into partnerships with fintechs. Prudent cost management and the ability to efficiently scale up the platform are key aspects to track going forward.

Share price graph
Price performance
%
1m
3m
12m
Actual 22.9 30.9 3.2
Relative* 16.4 14.1 (10.7)
52-week high/low €7.7/€5.4
*% relative to local index
Key management
Ralf Funke IR