German (DAX) Luxury Industry Analysis

Industry Valuation and Performance

Has the German Luxury Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 21 Nov 2024	€48.0b	€36.1b	€864.5m	26.2x	55.5x	1.3x
Sat, 19 Oct 2024	€49.9b	€35.6b	€691.4m	22.4x	72.1x	1.4x
Mon, 16 Sep 2024	€47.6b	€35.6b	€691.2m	21.8x	68.9x	1.3x
Wed, 14 Aug 2024	€46.4b	€35.6b	€690.9m	20.6x	67.2x	1.3x
Fri, 12 Jul 2024	€50.0b	€35.0b	€641.1m	23.6x	78x	1.4x
Sun, 09 Jun 2024	€52.1b	€35.0b	€641.1m	25.9x	81.2x	1.5x
Tue, 07 May 2024	€50.7b	€35.1b	€674.1m	24.5x	75.2x	1.4x
Thu, 04 Apr 2024	€46.2b	€34.8b	€475.5m	17.7x	97.1x	1.3x
Sat, 02 Mar 2024	€44.5b	€35.4b	€360.8m	19.3x	123.3x	1.3x
Mon, 29 Jan 2024	€42.0b	€35.7b	€361.3m	17.9x	116.4x	1.2x
Wed, 27 Dec 2023	€45.4b	€35.7b	€361.3m	21.7x	125.6x	1.3x
Fri, 24 Nov 2023	€46.4b	€35.8b	€427.3m	17.4x	108.5x	1.3x
Sun, 22 Oct 2023	€42.2b	€36.2b	€247.5m	17.3x	170.7x	1.2x
Tue, 19 Sep 2023	€44.3b	€36.2b	€247.5m	19.4x	179.1x	1.2x
Thu, 17 Aug 2023	€48.0b	€36.2b	€248.1m	18x	193.6x	1.3x
Sat, 15 Jul 2023	€42.0b	€36.2b	€521.5m	19.4x	80.6x	1.2x
Mon, 12 Jun 2023	€38.5b	€36.2b	€520.8m	18.6x	73.9x	1.1x
Wed, 10 May 2023	€39.6b	€35.9b	€511.7m	19.2x	77.4x	1.1x
Fri, 07 Apr 2023	€42.3b	€35.7b	€870.7m	16.1x	48.6x	1.2x
Sun, 05 Mar 2023	€41.7b	€35.0b	€1.5b	16.6x	28.4x	1.2x
Tue, 31 Jan 2023	€42.6b	€35.0b	€1.5b	15.9x	29x	1.2x
Thu, 29 Dec 2022	€36.8b	€35.0b	€1.5b	14.7x	25x	1.1x
Sat, 26 Nov 2022	€33.7b	€35.0b	€1.5b	14.5x	22.9x	1x
Mon, 24 Oct 2022	€29.1b	€33.7b	€1.9b	13.6x	15.7x	0.9x
Wed, 21 Sep 2022	€37.1b	€33.7b	€1.9b	15.1x	20x	1.1x
Fri, 19 Aug 2022	€44.9b	€33.6b	€1.8b	16.4x	24.5x	1.3x
Sun, 17 Jul 2022	€43.0b	€32.4b	€1.8b	15.5x	24.1x	1.3x
Tue, 14 Jun 2022	€45.0b	€32.4b	€1.8b	16.2x	25.2x	1.4x
Thu, 12 May 2022	€47.3b	€32.4b	€1.7b	14.9x	27.7x	1.5x
Sat, 09 Apr 2022	€53.9b	€31.7b	€1.8b	20.1x	29.6x	1.7x
Mon, 07 Mar 2022	€48.7b	€32.7b	€1.7b	19.2x	28.3x	1.5x
Wed, 02 Feb 2022	€64.9b	€32.5b	€1.7b	23x	37.4x	2x
Fri, 31 Dec 2021	€68.7b	€32.5b	€1.7b	24.2x	39.6x	2.1x
Sun, 28 Nov 2021	€68.2b	€32.5b	€1.7b	33.7x	39.3x	2.1x

Current Industry PE

Investors are pessimistic on the German Luxury 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 55.6x which is lower than its 3-year average PE of 67.3x.

The industry is trading close to its 3-year average PS ratio of 1.3x.

Past Earnings Growth

The earnings for companies in the Luxury industry have declined 21% per year over the last three years.
Meanwhile revenues for these companies have grown 3.5% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Consumer Discretionary industry?


DE Market	-0.41%
Consumer Discretionary	-1.03%
Luxury	-1.58%
Textiles	0.23%
Apparel, Accessories and Luxury Goods	-1.41%
Footwear	-2.62%

Industry PE

Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 76.6x.

Analysts are expecting annual earnings growth of 36.4%, which is higher than its past year's earnings decline of 21.3% per year.

Forecasted Growth

Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 36% over the next 5 years.
This is better than its past earnings decline of 21% per year.

In contrast, the Footwear industry is expected to see its earnings grow by 19% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
BOSS Hugo Boss	€40.00	0.7% +€17.9m	-35.0%	PE12.8x
ELB elumeo	€2.14	5.9% +€681.3k	-14.4%	PS0.3x
DIE Dierig Holding	€9.20	0.5% +€205.2k	-10.7%	PE13x
AAH Ahlers	€0.006	9.1% +€6.8k	-7.7%	PS0.0005x

Company

Last Price

Valuation

BOSS Hugo Boss

€40.00

0.7%
+€17.9m

-35.0%

PE12.8x

ELB elumeo

€2.14

5.9%
+€681.3k

-14.4%