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German (DAX) Consumer Discretionary Sector Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies93
- 7D-5.1%
- 3M-11.5%
- 1Y-15.2%
- YTD-12.2%
Over the last 7 days, the Consumer Discretionary industry has dropped 2.9%, driven by pullbacks in Mercedes-Benz Group and Bayerische Motoren Werke of 6.2% and 6.7%, respectively. Meanwhile, HomeToGo actually outperformed within the industry, gaining 9.7% in the last week. However, the industry is down 13% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Sector Valuation and Performance
Has the German Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Sep 2024 | €339.5b | €887.7b | €48.6b | 11.6x | 7x | 0.4x |
| Mon, 05 Aug 2024 | €344.8b | €886.2b | €48.4b | 12.5x | 7.1x | 0.4x |
| Wed, 03 Jul 2024 | €364.6b | €884.0b | €49.3b | 13.1x | 7.4x | 0.4x |
| Fri, 31 May 2024 | €391.4b | €879.8b | €49.1b | 13.3x | 8x | 0.4x |
| Sun, 28 Apr 2024 | €425.2b | €882.4b | €51.6b | 11.7x | 8.2x | 0.5x |
| Tue, 26 Mar 2024 | €420.9b | €883.2b | €51.9b | 12.5x | 8.1x | 0.5x |
| Thu, 22 Feb 2024 | €398.1b | €870.6b | €49.8b | 12.5x | 8x | 0.5x |
| Sat, 20 Jan 2024 | €361.1b | €870.8b | €49.6b | 12.3x | 7.3x | 0.4x |
| Mon, 18 Dec 2023 | €399.6b | €870.7b | €49.7b | 14.2x | 8x | 0.5x |
| Wed, 15 Nov 2023 | €387.3b | €870.2b | €48.9b | 13.6x | 7.9x | 0.4x |
| Fri, 13 Oct 2023 | €396.1b | €861.3b | €46.7b | 13.5x | 8.5x | 0.5x |
| Sun, 10 Sep 2023 | €410.0b | €861.7b | €46.7b | 13.8x | 8.8x | 0.5x |
| Tue, 08 Aug 2023 | €442.1b | €839.3b | €46.1b | 13.4x | 9.6x | 0.5x |
| Thu, 06 Jul 2023 | €451.9b | €823.9b | €46.6b | 14x | 9.7x | 0.5x |
| Sat, 03 Jun 2023 | €444.3b | €831.2b | €47.6b | 14.4x | 9.3x | 0.5x |
| Mon, 01 May 2023 | €442.4b | €804.6b | €57.0b | 16.2x | 7.8x | 0.5x |
| Wed, 29 Mar 2023 | €437.2b | €801.7b | €58.4b | 11.4x | 7.5x | 0.5x |
| Fri, 24 Feb 2023 | €453.7b | €769.4b | €58.9b | 11.1x | 7.7x | 0.6x |
| Sun, 22 Jan 2023 | €432.4b | €787.1b | €58.6b | 10.6x | 7.4x | 0.5x |
| Tue, 20 Dec 2022 | €402.6b | €784.4b | €58.0b | 11x | 6.9x | 0.5x |
| Thu, 17 Nov 2022 | €419.8b | €767.0b | €58.0b | 11.8x | 7.2x | 0.5x |
| Sat, 15 Oct 2022 | €366.2b | €732.2b | €57.6b | 10.2x | 6.4x | 0.5x |
| Mon, 12 Sep 2022 | €320.7b | €696.4b | €52.1b | 11.4x | 6.2x | 0.5x |
| Wed, 10 Aug 2022 | €338.2b | €693.3b | €53.5b | 12.8x | 6.3x | 0.5x |
| Fri, 08 Jul 2022 | €312.0b | €673.1b | €56.9b | 13.8x | 5.5x | 0.5x |
| Sun, 05 Jun 2022 | €365.2b | €678.9b | €57.1b | 16.2x | 6.4x | 0.5x |
| Tue, 03 May 2022 | €358.3b | €679.2b | €43.8b | 11.7x | 8.2x | 0.5x |
| Thu, 31 Mar 2022 | €393.1b | €673.4b | €44.1b | 14.4x | 8.9x | 0.6x |
| Sat, 26 Feb 2022 | €405.4b | €718.5b | €47.0b | 16x | 8.6x | 0.6x |
| Mon, 24 Jan 2022 | €451.7b | €712.4b | €49.1b | 16.2x | 9.2x | 0.6x |
| Wed, 22 Dec 2021 | €444.1b | €713.0b | €48.9b | 15.4x | 9.1x | 0.6x |
| Fri, 19 Nov 2021 | €512.8b | €713.1b | €48.9b | 18.3x | 10.5x | 0.7x |
| Sun, 17 Oct 2021 | €507.2b | €721.6b | €48.7b | 17.8x | 10.4x | 0.7x |
| Tue, 14 Sep 2021 | €508.5b | €713.4b | €48.9b | 17.3x | 10.4x | 0.7x |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are pessimistic on the German Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.1x which is lower than its 3-year average PE of 8.0x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Consumer Discretionary sector?
| DE Market | -3.02% | |
| Consumer Discretionary | -5.13% | |
| Online Retail and Ecommerce | 0% | |
| Consumer Durables | -0.29% | |
| Retail Distributors | -1.47% | |
| Hospitality | -1.83% | |
| General Merchandise and Department Stores | -1.99% | |
| Leisure | -3.16% | |
| Specialty Stores | -3.46% | |
| Auto Components | -3.89% | |
| Luxury | -4.37% | |
| Auto | -5.84% | |
| Consumer Services | -7.33% | |
Industry PE
- Investors are most optimistic about the Specialty Stores industry which is trading above its 3-year average PE ratio of 3.3x.
- Analysts are expecting annual earnings growth of 36.4%, which is higher than its past year's earnings growth of 24.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Leisure industry, expecting annual earnings growth of 102% over the next 5 years.
- In contrast, the Auto industry is expected to see its earnings grow by 4.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HTG HomeToGo | €1.92 | 9.7% +€20.1m | -27.2% | PS1.2x | |
| NVM Novem Group | €4.80 | 10.6% +€19.8m | -50.8% | PE8.7x | |
| EFIT EasyMotionSkin Tec | €3.78 | 80.0% +€16.8m | -37.0% | n/a | |
| LEI Leifheit | €18.00 | 5.0% +€8.0m | 1.1% | PE32.3x | |
| SUR Surteco Group | €15.50 | 3.3% +€7.8m | -13.4% | PE43.3x |
