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Austrian (ATX) Market Analysis & Valuation

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies65
  • 7D0.8%
  • 3M11.2%
  • 1Y39.0%
  • YTD0.8%

The Real Estate sector gained 5.7% while the market remained flat over the last week. As for the longer term, the market has risen 39% in the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Market Valuation and Performance

Has the Austrian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026€187.1b€176.0b€13.2b16x14.2x1.1x
Tue, 09 Dec 2025€177.7b€177.4b€13.2b15.5x13.5x1x
Thu, 06 Nov 2025€169.3b€177.7b€13.0b14.9x13x1x
Sat, 04 Oct 2025€168.9b€178.0b€12.6b16.3x13.4x0.9x
Mon, 01 Sep 2025€163.9b€178.1b€12.4b15.4x13.2x0.9x
Wed, 30 Jul 2025€163.2b€176.9b€13.7b14x11.9x0.9x
Fri, 27 Jun 2025€156.6b€176.9b€13.7b13.4x11.4x0.9x
Sun, 25 May 2025€159.5b€179.1b€13.3b13x12x0.9x
Tue, 22 Apr 2025€145.5b€178.4b€13.2b12.7x11x0.8x
Thu, 20 Mar 2025€157.3b€176.3b€12.9b13.4x12.2x0.9x
Sat, 15 Feb 2025€149.1b€175.4b€12.1b13.6x12.3x0.9x
Mon, 13 Jan 2025€135.7b€177.0b€12.5b13.4x10.9x0.8x
Wed, 11 Dec 2024€135.2b€177.2b€12.6b13.2x10.7x0.8x
Fri, 08 Nov 2024€134.8b€178.5b€13.4b10.5x10.1x0.8x
Sun, 06 Oct 2024€137.5b€179.1b€13.8b12.4x10x0.8x
Tue, 03 Sep 2024€143.8b€179.2b€13.7b11.3x10.5x0.8x
Thu, 01 Aug 2024€140.4b€178.7b€13.7b11.5x10.3x0.8x
Sat, 29 Jun 2024€139.0b€180.2b€14.0b11.1x9.9x0.8x
Mon, 27 May 2024€142.7b€180.6b€14.5b11.3x9.8x0.8x
Wed, 24 Apr 2024€137.2b€188.1b€14.4b9.7x9.6x0.7x
Fri, 22 Mar 2024€133.3b€188.2b€14.7b9.4x9.1x0.7x
Sun, 18 Feb 2024€131.1b€190.7b€15.4b8.8x8.5x0.7x
Tue, 16 Jan 2024€137.0b€195.3b€15.9b8.8x8.6x0.7x
Thu, 14 Dec 2023€132.7b€195.7b€15.8b8.8x8.4x0.7x
Sat, 11 Nov 2023€131.5b€194.9b€15.7b8.9x8.4x0.7x
Mon, 09 Oct 2023€127.8b€203.6b€15.5b10x8.3x0.6x
Wed, 06 Sep 2023€129.0b€200.5b€15.3b10.8x8.5x0.6x
Fri, 04 Aug 2023€127.9b€199.3b€15.9b11.1x8.1x0.6x
Sun, 02 Jul 2023€126.5b€202.6b€17.1b11.2x7.4x0.6x
Tue, 30 May 2023€125.2b€202.4b€17.3b11.5x7.2x0.6x
Thu, 27 Apr 2023€131.7b€203.0b€17.1b13.8x7.7x0.6x
Sat, 25 Mar 2023€123.5b€201.8b€17.4b13x7.1x0.6x
Mon, 20 Feb 2023€136.4b€200.1b€17.3b14.7x7.9x0.7x
Wed, 18 Jan 2023€129.3b€197.6b€17.0b13.6x7.6x0.7x
Price to Earnings Ratio

7.6x


Total Market Cap: €129.3bTotal Earnings: €17.0bTotal Revenue: €197.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Austrian Market Price to Earnings3Y Average 10x202420252026
Current Market PE
  • Investors are optimistic on the Austrian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 14.2x which is higher than its 3-year average PE of 10.0x.
Past Earnings Growth
  • The earnings for companies in the Austrian industry have declined 8.0% per year over the last three years.
  • Revenues have also declined 3.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Austrian Market?

AT Market0.81%
Real Estate5.72%
Consumer Discretionary3.82%
Industrials2.45%
Utilities1.69%
Energy1.15%
Materials1.13%
Consumer Staples1.12%
Telecom0.65%
Healthcare0%0
Financials-0.39%
Tech-0.66%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 32.6%, which is lower than the prior year's growth of 282.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 100% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Utilities sector is expected to see its earnings decline by 5.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
VER VERBUND€63.151.4%
+€295.3m		-8.6%PE12.9xUtilities
ANDR Andritz€69.404.0%
+€258.5m		42.4%PE14.8xIndustrials
VOE Voestalpine€39.783.6%
+€236.6m		135.1%PE36.3xMaterials
CAI CA Immobilien Anlagen€24.348.0%
+€172.8m		9.1%PE20xReal Estate
DOC DO & CO€218.007.7%
+€170.2m		22.5%PE23.6xIndustrials
See more

Market Insights

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Latest News

ANDR
€69.40
Andritz
7D
4.0%
1Y
42.4%

ANDR: Execution Risks And Margin Assumptions Will Shape Future Earnings Confidence

Analysts have inched their price target for Andritz up to €79 from €78, reflecting updated views on discount rates, revenue growth, profit margins, and a slightly lower assumed future P/E multiple. Analyst Commentary The latest move to a €79 price target from JPMorgan signals that at least one large bank still sees some upside in Andritz at current levels.
FACC
€11.38
FACC
7D
-1.9%
1Y
87.8%

FACC: Updated Discount Rate And P/E Assumptions Will Support Balanced Outlook

Analysts have raised their price target for FACC to €11.90 from €11.45, reflecting updated assumptions regarding the discount rate, revenue growth, profit margin and future P/E levels. Valuation Changes Fair Value Estimate: increased slightly from €11.45 to €11.90 per share.
VER
€63.15
VERBUND
7D
1.4%
1Y
-8.6%

VER: Special Dividend Plan Will Highlight Stronger Margins And Supportive Outlook

Analysts have trimmed their price target on VERBUND by about €1.83, reflecting updated views that combine a softer revenue outlook with higher projected profit margins and a lower future P/E multiple. What's in the News The Executive Board plans to propose a special dividend of €1.15 per share for the 2025 financial year, in addition to the regular dividend, at the 2026 Annual General Meeting.
ATS
€32.50
AT & S Austria Technologie & Systemtechnik
7D
-0.9%
1Y
184.1%

ATS: Higher Price Hopes Will Likely Expose Fragile Profitability

Analysts have raised their price targets on AT & S Austria Technologie & Systemtechnik to a range of about €30 to €40. This reflects updated views on the shares, while key model inputs such as fair value, discount rate, revenue growth, profit margin, and future P/E remain broadly unchanged.
DOC
€218.00
DO & CO
7D
7.7%
1Y
22.5%

DO & CO Aktiengesellschaft's (VIE:DOC) Price In Tune With Earnings

Jan 09
DO & CO Aktiengesellschaft's (VIE:DOC) Price In Tune With Earnings
MMK
€93.50
Mayr-Melnhof Karton
7D
-1.6%
1Y
22.2%

MMK: Lower Discount Rate Will Support Higher Future Earnings Multiple

Analysts have adjusted their price target on Mayr-Melnhof Karton from €115.00 to €110.00, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which result in a slightly lower fair value estimate. Valuation Changes Fair Value Estimate reduced slightly from €115.00 to €110.00, reflecting updated model assumptions.
VOE
€39.78
Voestalpine
7D
3.6%
1Y
135.1%

Voestalpine AG's (VIE:VOE) Share Price Is Matching Sentiment Around Its Revenues

Jan 07
Voestalpine AG's (VIE:VOE) Share Price Is Matching Sentiment Around Its Revenues
VIG
€66.80
Vienna Insurance Group
7D
-1.5%
1Y
121.9%

A Piece Of The Puzzle Missing From Vienna Insurance Group AG's (VIE:VIG) 32% Share Price Climb

Jan 06
A Piece Of The Puzzle Missing From Vienna Insurance Group AG's (VIE:VIG) 32% Share Price Climb
PAL
€36.70
Palfinger
7D
8.6%
1Y
90.6%
EBS
€103.00
Erste Group Bank
7D
-0.9%
1Y
71.4%

EBS: Upgraded 2025 Guidance Will Likely Magnify Execution And Margin Risks

Erste Group Bank’s analyst price targets have moved higher into a €96 to €102 range, as analysts factor in updated assumptions on revenue growth, profit margins, and a slightly lower future P/E outlook. Analyst Commentary Recent Street research shows a split view on Erste Group Bank, with higher price targets clustered in a €96 to €102 range, but also some more cautious signals on execution and valuation risk.
EVN
€28.15
EVN
7D
2.7%
1Y
32.2%

EVN: Dividend Roadmap And Earnings Guidance Will Support Bullish Outlook

Analysts have revised their price target on EVN from A$40.90 to A$35.50, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E as the key drivers of the change. What's in the News EVN AG outlines an expected dividend path up to the 2029/30 financial year, indicating a target dividend of at least €1.10 per share to reach a payout ratio of roughly 40% (Key Developments).
OMV
€48.70
OMV
7D
0.9%
1Y
25.3%

OMV: Fair Outlook Will Rely On Margin Improvement And Repriced Earnings Multiple

Analysts have raised their price target for OMV from €40.00 to €45.00, citing updated assumptions that include a lower discount rate, reduced revenue growth expectations, an improved profit margin outlook and a higher potential future P/E multiple. Valuation Changes Fair Value Estimate was raised from €40.00 to €45.00 per share, implying a higher central valuation range for OMV.
WIE
€29.72
Wienerberger
7D
-1.6%
1Y
20.1%

WIE: Slower Housing Recovery And Energy Costs Will Shape Balanced Return Outlook

Analysts have modestly reduced their consolidated price target for Wienerberger, trimming it by a few euros to reflect more cautious assumptions around a slower residential recovery, rising energy costs, and slightly lower long term revenue growth expectations. Analyst Commentary Recent research updates present a mixed but generally constructive view on Wienerberger, with modestly lower price targets reflecting a recalibration of growth and profitability assumptions rather than a fundamental shift in the long term investment case.
AMAG
€24.20
AMAG Austria Metall
7D
-0.4%
1Y
-0.8%
CAI
€24.34
CA Immobilien Anlagen
7D
8.0%
1Y
9.1%
WOL
€3.20
Wolford
7D
-3.0%
1Y
-19.6%