Narrative Update • Jul 28

Over the last 7 days, the Specialty Stores industry has remained flat, although notably AUTO1 Group declined by 5.0%. Unfortunately though, the industry is down 9.3% over the past 12 months. Earnings are forecast to grow by 30% annually.
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Aug 2026 | €23.5b | €67.9b | €676.8m | 16.7x | 34.7x | 0.3x |
| Tue, 30 Jun 2026 | €23.1b | €67.4b | €627.8m | 16.6x | 36.7x | 0.3x |
| Thu, 28 May 2026 | €22.7b | €67.3b | €633.8m | 18.2x | 35.8x | 0.3x |
| Sat, 25 Apr 2026 | €22.0b | €65.7b | €878.0m | 9.3x | 25.1x | 0.3x |
| Mon, 23 Mar 2026 | €21.5b | €65.2b | €805.3m | 16.4x | 26.7x | 0.3x |
| Wed, 18 Feb 2026 | €22.6b | €64.4b | €814.3m | 17.2x | 27.7x | 0.3x |
| Fri, 16 Jan 2026 | €25.8b | €64.4b | €799.5m | 18.8x | 32.2x | 0.4x |
| Sun, 14 Dec 2025 | €25.0b | €64.1b | €901.8m | 19.6x | 27.7x | 0.4x |
| Tue, 11 Nov 2025 | €24.7b | €64.1b | €880.9m | 19.1x | 28x | 0.4x |
| Thu, 09 Oct 2025 | €28.9b | €64.9b | €782.1m | 21.2x | 37x | 0.4x |
| Sat, 06 Sep 2025 | €27.6b | €64.9b | €785.3m | 20.8x | 35.1x | 0.4x |
| Mon, 04 Aug 2025 | €27.5b | €64.1b | €605.8m | 14.2x | 45.4x | 0.4x |
| Wed, 02 Jul 2025 | €28.5b | €64.1b | €605.8m | 14.6x | 47.1x | 0.4x |
| Fri, 30 May 2025 | €27.7b | €64.0b | €595.2m | 14x | 46.6x | 0.4x |
| Sun, 27 Apr 2025 | €27.3b | €63.3b | €682.0m | 19x | 40.1x | 0.4x |
| Tue, 25 Mar 2025 | €26.5b | €62.9b | €606.8m | 14.4x | 43.6x | 0.4x |
| Thu, 20 Feb 2025 | €28.3b | €62.7b | €453.1m | 17.6x | 62.4x | 0.5x |
| Sat, 18 Jan 2025 | €25.6b | €62.0b | €414.3m | 20x | 61.7x | 0.4x |
| Mon, 16 Dec 2024 | €26.6b | €62.6b | €338.2m | 10.9x | 78.7x | 0.4x |
| Wed, 13 Nov 2024 | €22.0b | €61.7b | €360.4m | 10.8x | 60.9x | 0.4x |
| Fri, 11 Oct 2024 | €23.1b | €61.5b | €291.3m | 11.5x | 79.3x | 0.4x |
| Sun, 08 Sep 2024 | €20.4b | €61.4b | €238.6m | 15.4x | 85.3x | 0.3x |
| Tue, 06 Aug 2024 | €19.5b | €60.6b | €163.3m | 23.7x | 119.3x | 0.3x |
| Thu, 04 Jul 2024 | €19.9b | €60.6b | €149.0m | 24.6x | 133.6x | 0.3x |
| Sat, 01 Jun 2024 | €18.9b | €56.3b | €90.5m | 21.6x | 209x | 0.3x |
| Mon, 29 Apr 2024 | €18.2b | €56.0b | -€226,851,503.00 | 31.5x | -80.2x | 0.3x |
| Wed, 27 Mar 2024 | €17.6b | €56.1b | -€266,527,503.00 | 30.8x | -65.9x | 0.3x |
| Fri, 23 Feb 2024 | €15.8b | €56.4b | -€166,356,503.00 | 29.2x | -95x | 0.3x |
| Sun, 21 Jan 2024 | €15.7b | €57.1b | -€226,756,503.00 | 31.6x | -69.4x | 0.3x |
| Tue, 19 Dec 2023 | €18.0b | €57.1b | -€225,156,503.00 | 42.8x | -80x | 0.3x |
| Thu, 16 Nov 2023 | €18.5b | €57.2b | -€195,671,836.00 | 53.2x | -94.6x | 0.3x |
| Sat, 14 Oct 2023 | €17.2b | €57.5b | -€250,592,836.00 | 45.6x | -68.6x | 0.3x |
| Mon, 11 Sep 2023 | €19.3b | €57.9b | -€285,322,836.00 | 51.3x | -67.7x | 0.3x |
| Wed, 09 Aug 2023 | €21.3b | €58.2b | -€260,937,720.00 | 24x | -81.7x | 0.4x |
-81.7x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 1.75% | |
| Consumer Discretionary | 0.59% | |
| Specialty Stores | 0.36% | |
| Apparel Retail | 2.94% | |
| Specialty Stores | 1.96% | |
| Home Improvement Retail | 1.85% | |
| Computer and Electronics Retail | 0.62% | |
| Automotive Retail | -5.01% | |
| Home Furnishing Retail | -12.75% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAL Zalando | €28.26 | 3.0% +€197.7m | 13.2% | PE57.9x | |
| FIE Fielmann Group | €40.65 | 3.2% +€104.9m | -26.6% | PE16.7x | |
| HBH HORNBACH Holding KGaA | €83.30 | 3.5% +€44.8m | -16.4% | PE10.1x | |
| DOU Douglas | €8.05 | 2.8% +€23.7m | -20.4% | PE16.8x | |
| HBM HORNBACH Baumarkt | €63.00 | 0.8% +€15.9m | -3.1% | PE18.4x |