Narrative Update • Jun 05

Over the last 7 days, the Hospitality industry has risen 2.8%, driven by gains from Delivery Hero of 6.1%. This takes the industry's 12 month performance to a gain of 35%. As for the next few years, earnings are expected to grow by 72% per annum.
Has the German Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | €18.0b | €39.1b | -€152,353,319.48 | 18.9x | -118.4x | 0.5x |
| Tue, 05 May 2026 | €12.2b | €39.0b | -€148,265,440.03 | 20.1x | -82.6x | 0.3x |
| Thu, 02 Apr 2026 | €11.2b | €39.0b | -€150,738,075.00 | 24.6x | -74.4x | 0.3x |
| Sat, 28 Feb 2026 | €12.8b | €38.4b | €144.7m | 29.3x | 88.3x | 0.3x |
| Mon, 26 Jan 2026 | €15.2b | €38.4b | €101.0m | 30.1x | 150.5x | 0.4x |
| Wed, 24 Dec 2025 | €14.2b | €38.4b | €101.0m | 29.8x | 140.4x | 0.4x |
| Fri, 21 Nov 2025 | €11.3b | €38.4b | €126.9m | 28.7x | 89.2x | 0.3x |
| Sun, 19 Oct 2025 | €13.4b | €38.4b | €110.7m | 28.7x | 120.8x | 0.3x |
| Tue, 16 Sep 2025 | €14.5b | €38.4b | €110.0m | 27.1x | 131.9x | 0.4x |
| Thu, 14 Aug 2025 | €13.9b | €36.9b | -€341,782,955.00 | 23.1x | -40.7x | 0.4x |
| Sat, 12 Jul 2025 | €14.0b | €36.8b | -€337,626,537.00 | 24.8x | -41.4x | 0.4x |
| Mon, 09 Jun 2025 | €12.9b | €36.9b | -€301,920,890.00 | 14x | -42.8x | 0.3x |
| Wed, 07 May 2025 | €13.3b | €36.8b | -€277,589,503.00 | 12.4x | -48x | 0.4x |
| Fri, 04 Apr 2025 | €11.7b | €35.4b | -€1,641,063,503.00 | 11.4x | -7.1x | 0.3x |
| Sun, 02 Mar 2025 | €13.7b | €35.4b | -€1,647,469,451.00 | 13.4x | -8.3x | 0.4x |
| Tue, 28 Jan 2025 | €13.6b | €34.8b | -€1,684,669,451.00 | 14.5x | -8.1x | 0.4x |
| Thu, 26 Dec 2024 | €14.7b | €34.8b | -€1,684,154,313.00 | 15.6x | -8.7x | 0.4x |
| Sat, 23 Nov 2024 | €16.9b | €33.8b | -€1,651,305,313.00 | 14.7x | -10.2x | 0.5x |
| Mon, 21 Oct 2024 | €16.8b | €33.8b | -€1,654,716,313.00 | 13.4x | -10.1x | 0.5x |
| Wed, 18 Sep 2024 | €14.5b | €33.8b | -€1,655,733,805.00 | 14.7x | -8.7x | 0.4x |
| Fri, 16 Aug 2024 | €11.7b | €32.8b | -€1,751,685,030.00 | 17.8x | -6.7x | 0.4x |
| Sun, 14 Jul 2024 | €12.0b | €32.2b | -€1,794,144,030.00 | 27.5x | -6.7x | 0.4x |
| Tue, 11 Jun 2024 | €14.2b | €32.4b | -€1,799,430,684.00 | 19.4x | -7.9x | 0.4x |
| Thu, 09 May 2024 | €12.9b | €31.7b | -€1,870,397,781.00 | 18.1x | -6.9x | 0.4x |
| Sat, 06 Apr 2024 | €14.9b | €31.4b | -€1,907,408,781.00 | 21.5x | -7.8x | 0.5x |
| Mon, 04 Mar 2024 | €10.9b | €31.4b | -€1,921,547,826.00 | 31.1x | -5.7x | 0.3x |
| Wed, 31 Jan 2024 | €10.7b | €30.8b | -€2,055,047,826.00 | 37.8x | -5.2x | 0.3x |
| Fri, 29 Dec 2023 | €11.9b | €30.8b | -€2,055,047,826.00 | 37.6x | -5.8x | 0.4x |
| Sun, 26 Nov 2023 | €13.1b | €30.0b | -€2,158,730,282.00 | 42.6x | -6.1x | 0.4x |
| Tue, 24 Oct 2023 | €10.5b | €30.0b | -€2,164,655,297.00 | 11.9x | -4.8x | 0.3x |
| Thu, 21 Sep 2023 | €13.2b | €30.0b | -€2,163,369,297.00 | 14.5x | -6.1x | 0.4x |
| Sat, 19 Aug 2023 | €14.0b | €28.8b | -€2,828,451,076.00 | 17x | -5x | 0.5x |
| Mon, 17 Jul 2023 | €12.5b | €9.0b | -€3,028,122,373.00 | 32.5x | -4.1x | 1.4x |
| Wed, 14 Jun 2023 | €11.3b | €9.1b | -€3,024,768,657.00 | 56.2x | -3.7x | 1.2x |
-3.7x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -1.53% | |
| Consumer Discretionary | -3.79% | |
| Hospitality | 2.83% | |
| Restaurants | 6.14% | |
| Casinos and Gaming | 1.62% | |
| Leisure Facilities | -0.49% | |
| Hotels, Resorts and Cruise Lines | -3.94% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DHER Delivery Hero | €39.25 | 6.1% +€677.0m | 65.6% | PS0.8x | |
| 0QM Angler Gaming | €0.39 | 7.1% +€1.9m | 25.0% | PE4.9x | |
| ACX bet-at-home.com | €3.38 | 1.8% +€421.1k | 16.2% | PE25.7x |