Narrative Update • Jun 29

In the last week, the Hospitality industry is up 1.5%, with Delivery Hero up 4.7%. During this same period, the TUI underperformed, falling 6.4%. This takes the industry's 12 month performance to a gain of 27%. Earnings are forecast to grow by 70% annually.
Has the German Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Jul 2026 | €17.6b | €39.1b | -€158,323,562.00 | 14.6x | -111x | 0.4x |
| Sun, 31 May 2026 | €17.6b | €39.1b | -€152,365,980.44 | 19.5x | -115.4x | 0.4x |
| Tue, 28 Apr 2026 | €12.0b | €39.0b | -€148,265,847.51 | 20.1x | -81.1x | 0.3x |
| Thu, 26 Mar 2026 | €11.0b | €38.4b | €77.9m | 21.7x | 140.8x | 0.3x |
| Sat, 21 Feb 2026 | €13.1b | €38.4b | €144.7m | 31.2x | 90.4x | 0.3x |
| Mon, 19 Jan 2026 | €15.1b | €38.4b | €101.0m | 28.7x | 149.4x | 0.4x |
| Wed, 17 Dec 2025 | €13.9b | €38.4b | €101.0m | 28.3x | 137.5x | 0.4x |
| Fri, 14 Nov 2025 | €12.1b | €38.4b | €119.7m | 29.4x | 100.9x | 0.3x |
| Sun, 12 Oct 2025 | €13.8b | €38.4b | €110.7m | 29.6x | 124.9x | 0.4x |
| Tue, 09 Sep 2025 | €14.8b | €38.4b | €110.0m | 26.9x | 134.3x | 0.4x |
| Thu, 07 Aug 2025 | €14.0b | €36.9b | -€342,043,955.00 | 23.7x | -41x | 0.4x |
| Sat, 05 Jul 2025 | €13.0b | €36.8b | -€337,626,536.00 | 24.6x | -38.6x | 0.4x |
| Mon, 02 Jun 2025 | €13.2b | €36.9b | -€310,193,127.00 | 7.5x | -42.6x | 0.4x |
| Wed, 30 Apr 2025 | €13.1b | €36.8b | -€277,589,503.00 | 11.9x | -47x | 0.4x |
| Fri, 28 Mar 2025 | €12.6b | €35.4b | -€1,636,164,850.00 | 11.4x | -7.7x | 0.4x |
| Sun, 23 Feb 2025 | €13.4b | €35.4b | -€1,647,469,451.00 | 13.5x | -8.1x | 0.4x |
| Tue, 21 Jan 2025 | €14.5b | €34.8b | -€1,684,669,451.00 | 14.3x | -8.6x | 0.4x |
| Thu, 19 Dec 2024 | €14.6b | €34.8b | -€1,684,154,313.00 | 14.8x | -8.7x | 0.4x |
| Sat, 16 Nov 2024 | €16.7b | €33.8b | -€1,651,305,313.00 | 14.4x | -10.1x | 0.5x |
| Mon, 14 Oct 2024 | €16.6b | €33.8b | -€1,654,716,313.00 | 14.6x | -10x | 0.5x |
| Wed, 11 Sep 2024 | €13.2b | €33.7b | -€1,700,613,805.00 | 16.2x | -7.8x | 0.4x |
| Fri, 09 Aug 2024 | €11.4b | €32.2b | -€1,779,833,030.00 | 18.5x | -6.4x | 0.4x |
| Sun, 07 Jul 2024 | €11.9b | €32.2b | -€1,793,367,536.00 | 24.9x | -6.7x | 0.4x |
| Tue, 04 Jun 2024 | €14.3b | €32.2b | -€1,793,084,874.00 | 12.1x | -7.9x | 0.4x |
| Thu, 02 May 2024 | €13.2b | €31.7b | -€1,887,108,781.00 | 22x | -7x | 0.4x |
| Sat, 30 Mar 2024 | €12.7b | €31.4b | -€1,907,408,781.00 | 21.7x | -6.7x | 0.4x |
| Mon, 26 Feb 2024 | €11.0b | €31.4b | -€1,921,547,826.00 | 32.5x | -5.7x | 0.4x |
| Wed, 24 Jan 2024 | €11.0b | €30.8b | -€2,055,047,826.00 | 38.6x | -5.4x | 0.4x |
| Fri, 22 Dec 2023 | €12.2b | €30.8b | -€2,055,047,826.00 | 38.5x | -5.9x | 0.4x |
| Sun, 19 Nov 2023 | €13.3b | €30.0b | -€2,157,160,297.00 | 44x | -6.2x | 0.4x |
| Tue, 17 Oct 2023 | €11.6b | €30.0b | -€2,164,706,297.00 | 12.6x | -5.4x | 0.4x |
| Thu, 14 Sep 2023 | €12.5b | €30.0b | -€2,163,369,297.00 | 14.3x | -5.8x | 0.4x |
| Sat, 12 Aug 2023 | €15.1b | €28.8b | -€2,827,357,794.00 | 17.3x | -5.3x | 0.5x |
| Mon, 10 Jul 2023 | €12.0b | €9.0b | -€3,028,122,373.00 | 32.3x | -4x | 1.3x |
-4x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 1.74% | |
| Consumer Discretionary | 0.10% | |
| Hospitality | 1.45% | |
| Restaurants | 4.74% | |
| Casinos and Gaming | 1.42% | |
| Leisure Facilities | -1.78% | |
| Hotels, Resorts and Cruise Lines | -5.07% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DHER Delivery Hero | €36.66 | 4.7% +€504.2m | 54.9% | PS0.8x | |
| TIMA ZEAL Network | €43.80 | 1.9% +€16.9m | -8.6% | PE23x | |
| TIW Tin Inn Holding Ag | €10.00 | 7.5% +€14.0m | -11.7% | n/a | |
| ACX bet-at-home.com | €3.39 | 5.6% +€1.3m | 21.1% | PE25.8x | |
| RGB Regenbogen | €6.20 | 0.8% +€115.0k | 18.1% | PE63.4x |