Earnings Troubles May Signal Larger Issues for Friedrich Vorwerk Group (ETR:VH2) Shareholders
Apr 03
German (DAX) Oil and Gas Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies7
- 7D2.4%
- 3M-2.7%
- 1Y-32.9%
- YTD-16.5%
The Oil and Gas industry is up 2.4% in the last week, with Verbio up 3.7%. However, the industry is down 33% over the past year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the German Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €3.3b | €4.0b | €240.8m | 15.6x | 13.6x | 0.8x |
| Fri, 22 Mar 2024 | €3.1b | €4.0b | €232.6m | 15.4x | 13.5x | 0.8x |
| Sun, 18 Feb 2024 | €3.3b | €4.0b | €232.6m | 15.3x | 14x | 0.8x |
| Tue, 16 Jan 2024 | €3.4b | €4.1b | €257.2m | 15.4x | 13.4x | 0.8x |
| Thu, 14 Dec 2023 | €3.3b | €4.1b | €279.7m | 8.8x | 11.7x | 0.8x |
| Sat, 11 Nov 2023 | €3.9b | €4.1b | €288.8m | 9.3x | 13.4x | 0.9x |
| Mon, 09 Oct 2023 | €4.0b | €4.4b | €395.3m | 9.1x | 10x | 0.9x |
| Wed, 06 Sep 2023 | €4.5b | €4.5b | €489.7m | 11.3x | 9.2x | 1x |
| Fri, 04 Aug 2023 | €4.6b | €4.5b | €503.9m | 11.5x | 9.1x | 1x |
| Sun, 02 Jul 2023 | €4.4b | €4.6b | €557.5m | 9.7x | 7.8x | 1x |
| Tue, 30 May 2023 | €4.0b | €4.6b | €560.3m | 8.9x | 7.2x | 0.9x |
| Thu, 27 Apr 2023 | €4.3b | €4.4b | €600.5m | 7.9x | 7.1x | 1x |
| Sat, 25 Mar 2023 | €4.8b | €4.3b | €611.1m | 6.7x | 7.9x | 1.1x |
| Mon, 20 Feb 2023 | €5.3b | €4.3b | €611.1m | 7.7x | 8.7x | 1.2x |
| Wed, 18 Jan 2023 | €6.3b | €4.3b | €683.4m | 10.4x | 9.2x | 1.5x |
| Fri, 16 Dec 2022 | €6.5b | €4.3b | €673.9m | 10.9x | 9.6x | 1.5x |
| Sun, 13 Nov 2022 | €8.0b | €4.2b | €657.5m | 14.5x | 12.2x | 1.9x |
| Tue, 11 Oct 2022 | €6.2b | €3.8b | €546.8m | 12.3x | 11.3x | 1.6x |
| Thu, 08 Sep 2022 | €7.0b | €3.5b | €452.7m | 18.2x | 15.6x | 2x |
| Sat, 06 Aug 2022 | €7.0b | €3.4b | €442.6m | 17.5x | 15.8x | 2x |
| Mon, 04 Jul 2022 | €5.3b | €3.3b | €387.9m | 12.6x | 13.5x | 1.6x |
| Wed, 01 Jun 2022 | €5.3b | €3.2b | €382.3m | 13.6x | 14x | 1.7x |
| Fri, 29 Apr 2022 | €7.9b | €3.0b | €339.1m | 18.4x | 23.3x | 2.6x |
| Sun, 27 Mar 2022 | €7.0b | €3.0b | €333.9m | 13x | 21x | 2.4x |
| Tue, 22 Feb 2022 | €5.9b | €3.0b | €333.2m | 12.2x | 17.7x | 2x |
| Thu, 20 Jan 2022 | €5.7b | €2.6b | €234.6m | 16.3x | 24.3x | 2.2x |
| Sat, 18 Dec 2021 | €6.3b | €2.6b | €209.0m | 19.5x | 30.1x | 2.4x |
| Mon, 15 Nov 2021 | €6.7b | €2.6b | €209.0m | 22.2x | 32.1x | 2.6x |
| Wed, 13 Oct 2021 | €6.4b | €2.5b | €235.2m | 19.9x | 27.1x | 2.6x |
| Fri, 10 Sep 2021 | €5.8b | €2.4b | €205.6m | 19.4x | 28.4x | 2.5x |
| Sun, 08 Aug 2021 | €5.6b | €2.4b | €204.5m | 18.9x | 27.4x | 2.4x |
| Sat, 01 May 2021 | €5.1b | €2.3b | €180.3m | 34.8x | 28.3x | 2.2x |
Price to Earnings Ratio
28.3x
Current Industry PE
- Investors are pessimistic on the German Oil and Gas 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 13.6x which is lower than its 3-year average PE of 16.4x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Energy industry?
| DE Market | 1.82% | |
| Energy | 2.25% | |
| Oil and Gas | 2.42% | |
| Oil and Gas Exploration and Production | 9.28% | |
| Coal and Fuels | 2.12% | |
| Oil and Gas Refining and Marketing | 2.07% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Storage and Transportation | 0% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Storage and Transportation industry even though it's trading below its 3-year average PE ratio of 36.0x.
- Analysts are expecting annual earnings growth of 28.6%, which is higher than its past year's earnings decline of 40.8% per year.
- Investors are most pessimistic about the Oil and Gas Exploration and Production industry, which is trading close to its 3-year average of 4.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 41% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VBK Verbio | €19.79 | 3.2% +€38.7m | -46.8% | PE24x | |
| DR0 Deutsche Rohstoff | €44.10 | 8.9% +€18.0m | 52.1% | PE4x | |
| CE2 CropEnergies | €11.72 | 0.2% +€1.7m | n/a | PE15.6x | |
| 3GOK Global Oil & Gas | €5.50 | 5.8% +€330.0k | 175.0% | n/a |