Header cover image

German (DAX) Beverage Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.7%
  • 3M-1.2%
  • 1Y0.3%
  • YTD-2.5%

The Beverage is pretty flat in the last 7 days, but BHB Brauholding Bayern-Mitte has stood out, gaining 30%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026€483.2m€1.2b€33.9m11.8x14.2x0.4x
Thu, 19 Feb 2026€492.3m€1.2b€33.9m11.9x14.5x0.4x
Sat, 17 Jan 2026€489.1m€1.2b€33.9m12.3x14.4x0.4x
Mon, 15 Dec 2025€495.5m€1.2b€33.9m12.4x14.6x0.4x
Wed, 12 Nov 2025€520.7m€1.2b€33.9m13.1x15.4x0.4x
Fri, 10 Oct 2025€512.0m€1.2b€32.5m15x15.8x0.4x
Sun, 07 Sep 2025€513.4m€1.2b€36.4m10.9x14.1x0.4x
Tue, 05 Aug 2025€513.8m€1.2b€32.3m11.3x15.9x0.4x
Thu, 03 Jul 2025€535.9m€1.2b€32.3m11.8x16.6x0.5x
Sat, 31 May 2025€520.2m€1.2b€30.6m10.5x17x0.4x
Mon, 28 Apr 2025€504.5m€1.2b€30.3m10.4x16.7x0.4x
Wed, 26 Mar 2025€482.3m€1.2b€24.5m11.5x19.7x0.4x
Fri, 21 Feb 2025€478.1m€1.2b€24.5m11.3x19.5x0.4x
Sun, 19 Jan 2025€492.1m€1.1b€21.4m13.6x23x0.4x
Tue, 17 Dec 2024€493.3m€1.2b€21.3m13.6x23.1x0.4x
Thu, 14 Nov 2024€505.7m€1.2b€21.3m13.9x23.7x0.4x
Sat, 12 Oct 2024€520.6m€1.2b€23.5m12.5x22.2x0.5x
Mon, 09 Sep 2024€802.7m€1.2b€27.4m16.6x29.3x0.6x
Wed, 07 Aug 2024€516.3m€1.1b€23.3m20x22.1x0.5x
Fri, 05 Jul 2024€549.7m€1.1b€23.3m21.5x23.6x0.5x
Sun, 02 Jun 2024€548.5m€1.1b€24.2m23x22.7x0.5x
Tue, 30 Apr 2024€540.2m€1.1b€26.8m23.6x20.2x0.5x
Thu, 28 Mar 2024€540.7m€1.1b€25.7m25.7x21x0.5x
Sat, 24 Feb 2024€535.3m€1.1b€25.3m25.7x21.2x0.5x
Mon, 22 Jan 2024€553.6m€1.1b€25.3m26.7x21.9x0.5x
Wed, 20 Dec 2023€556.6m€1.1b€25.3m26.1x22x0.5x
Fri, 17 Nov 2023€568.1m€1.1b€25.3m25.7x22.5x0.5x
Sun, 15 Oct 2023€578.1m€1.1b€25.3m25.5x22.9x0.5x
Tue, 12 Sep 2023€571.2m€1.1b€25.5m26.6x22.4x0.5x
Thu, 10 Aug 2023€592.0m€1.1b€26.4m23.9x22.4x0.6x
Sat, 08 Jul 2023€596.7m€1.1b€29.9m20.7x19.9x0.6x
Mon, 05 Jun 2023€578.7m€1.1b€30.0m17.3x19.3x0.5x
Wed, 03 May 2023€595.5m€1.0b€30.1m19.1x19.8x0.6x
Fri, 31 Mar 2023€579.0m€1.0b€32.7m15.4x17.7x0.6x
Price to Earnings Ratio

17.7x


Total Market Cap: €579.0mTotal Earnings: €32.7mTotal Revenue: €1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
German Beverage Industry Price to Earnings3Y Average 19.7x202420252026
Current Industry PE
  • Investors are pessimistic on the German Beverage 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 14.2x which is lower than its 3-year average PE of 19.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.8% 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 and as a result, profits have held steady.

Industry Trends

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

DE Market-3.34%
Consumer Staples-4.45%
Beverage-0.66%
Brewers0.99%
Distillers and Wine Makers-0.97%
Soft Drinks-2.94%
Industry PE
  • Investors are most optimistic about the Brewers industry even though it's trading below its 3-year average PE ratio of 28.6x.
    • Analysts are expecting annual earnings growth of 107.4%, which is higher than its past year's earnings growth of 15.7% per year.
  • Investors are most pessimistic about the Soft Drinks industry, which is trading below its 3-year average of 14.6x.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 107% over the next 5 years.
  • This is better than its past earnings growth rate of 16% per year.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
B9B BHB Brauholding Bayern-Mitte€2.6229.7%
+€1.9m
9.2%PS0.5x
KUL Kulmbacher Brauerei Aktien-Gesellschaft€37.600.5%
+€672.0k
-6.0%PE16.6x