Narrative Update • Jun 07

In the last week, the Hospitality industry is up 2.8%, with Delivery Hero up 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 |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | €18.0b | €39.1b | -€152,353,319.48 | 18.9x | -118.4x | 0.5x |
| Wed, 06 May 2026 | €12.3b | €39.0b | -€148,259,196.11 | 20.1x | -82.7x | 0.3x |
| Fri, 03 Apr 2026 | €11.1b | €39.0b | -€151,656,130.66 | 24x | -73.4x | 0.3x |
| Sun, 01 Mar 2026 | €12.8b | €38.4b | €144.7m | 29.3x | 88.3x | 0.3x |
| Tue, 27 Jan 2026 | €15.5b | €38.4b | €101.0m | 30.1x | 153.2x | 0.4x |
| Thu, 25 Dec 2025 | €14.2b | €38.4b | €101.0m | 29.8x | 140.4x | 0.4x |
| Sat, 22 Nov 2025 | €11.3b | €38.4b | €126.9m | 28.7x | 89.1x | 0.3x |
| Mon, 20 Oct 2025 | €13.4b | €38.4b | €110.7m | 28.7x | 120.8x | 0.3x |
| Wed, 17 Sep 2025 | €14.4b | €38.4b | €110.0m | 27.1x | 131.2x | 0.4x |
| Fri, 15 Aug 2025 | €14.2b | €37.3b | -€211,182,955.00 | 23.3x | -67.1x | 0.4x |
| Sun, 13 Jul 2025 | €13.6b | €36.8b | -€337,626,537.00 | 25.1x | -40.2x | 0.4x |
| Tue, 10 Jun 2025 | €13.0b | €36.9b | -€301,920,890.00 | 16.8x | -43.1x | 0.4x |
| Thu, 08 May 2025 | €12.8b | €36.9b | -€288,841,503.00 | 14.4x | -44.4x | 0.3x |
| Sat, 05 Apr 2025 | €11.3b | €35.4b | -€1,641,063,503.00 | 10.6x | -6.9x | 0.3x |
| Mon, 03 Mar 2025 | €13.7b | €35.4b | -€1,647,469,451.00 | 13.4x | -8.3x | 0.4x |
| Wed, 29 Jan 2025 | €13.5b | €34.8b | -€1,684,669,451.00 | 14.6x | -8x | 0.4x |
| Fri, 27 Dec 2024 | €14.7b | €34.8b | -€1,684,154,313.00 | 15.6x | -8.7x | 0.4x |
| Sun, 24 Nov 2024 | €16.9b | €33.8b | -€1,651,305,313.00 | 14.7x | -10.2x | 0.5x |
| Tue, 22 Oct 2024 | €16.8b | €33.8b | -€1,654,716,313.00 | 13.3x | -10.1x | 0.5x |
| Thu, 19 Sep 2024 | €14.4b | €33.8b | -€1,655,733,805.00 | 14.7x | -8.7x | 0.4x |
| Sat, 17 Aug 2024 | €11.8b | €32.8b | -€1,751,685,030.00 | 18x | -6.7x | 0.4x |
| Mon, 15 Jul 2024 | €12.0b | €32.2b | -€1,794,144,030.00 | 27.5x | -6.7x | 0.4x |
| Wed, 12 Jun 2024 | €14.1b | €32.4b | -€1,799,430,683.00 | 19.2x | -7.8x | 0.4x |
| Fri, 10 May 2024 | €12.6b | €31.7b | -€1,870,397,781.00 | 17.6x | -6.8x | 0.4x |
| Sun, 07 Apr 2024 | €14.9b | €31.4b | -€1,907,408,781.00 | 21.5x | -7.8x | 0.5x |
| Tue, 05 Mar 2024 | €10.8b | €31.4b | -€1,921,547,826.00 | 29.8x | -5.6x | 0.3x |
| Thu, 01 Feb 2024 | €10.7b | €30.8b | -€2,055,047,826.00 | 38.6x | -5.2x | 0.3x |
| Sat, 30 Dec 2023 | €12.0b | €30.8b | -€2,055,047,826.00 | 39x | -5.9x | 0.4x |
| Mon, 27 Nov 2023 | €13.1b | €30.0b | -€2,158,730,282.00 | 42.6x | -6.1x | 0.4x |
| Wed, 25 Oct 2023 | €10.5b | €30.0b | -€2,164,655,297.00 | 12.2x | -4.8x | 0.4x |
| Fri, 22 Sep 2023 | €13.0b | €30.0b | -€2,163,369,297.00 | 14.3x | -6x | 0.4x |
| Sun, 20 Aug 2023 | €14.0b | €28.8b | -€2,828,451,076.00 | 17x | -5x | 0.5x |
| Tue, 18 Jul 2023 | €12.1b | €9.0b | -€3,028,122,373.00 | 32.5x | -4x | 1.4x |
| Thu, 15 Jun 2023 | €11.2b | €9.1b | -€3,024,768,657.00 | 56.1x | -3.7x | 1.2x |
-3.7x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -1.25% | |
| Consumer Discretionary | -2.87% | |
| Hospitality | 3.28% | |
| Restaurants | 6.14% | |
| Leisure Facilities | -0.49% | |
| Hotels, Resorts and Cruise Lines | -1.17% | |
| Casinos and Gaming | -3.39% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DHER Delivery Hero | €39.25 | 4.2% +€471.2m | 64.5% | PS0.8x | |
| TUI1 TUI | €6.84 | 0.5% +€16.2m | -6.6% | PE4.9x | |
| IFA LS Invest | €10.20 | 2.0% +€9.9m | 56.9% | n/a | |
| EMH pferdewetten.de | €2.80 | 4.5% +€1.0m | -3.1% | PS0.4x |