Hannover Rück's (ETR:HNR1) Upcoming Dividend Will Be Larger Than Last Year's
Apr 14
Have your own idea? Try our Stock Screener
German (DAX) Financials Sector Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies133
- 7D8.8%
- 3M15.4%
- 1Y31.3%
- YTD16.4%
Over the last 7 days, the Financials industry has risen 4.0%, driven by gains in Allianz and Münchener Rückversicherungs-Gesellschaft in München of 6.9% and 12%, respectively. Meanwhile, NÜRNBERGER Beteiligungs-AG actually underperformed within the industry, shrinking 8.7% in the last week. This means that the industry has gained 28% over the past year. Earnings are forecast to grow by 8.1% annually.
Sector Valuation and Performance
Has the German Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | €403.9b | €308.8b | €28.2b | 15.1x | 14.3x | 1.3x |
| Thu, 13 Mar 2025 | €408.3b | €313.4b | €28.4b | 14.3x | 14.4x | 1.3x |
| Sat, 08 Feb 2025 | €374.6b | €306.7b | €27.5b | 14.2x | 13.6x | 1.2x |
| Mon, 06 Jan 2025 | €348.7b | €307.3b | €28.5b | 13.5x | 12.2x | 1.1x |
| Wed, 04 Dec 2024 | €348.1b | €310.5b | €28.6b | 13.5x | 12.2x | 1.1x |
| Fri, 01 Nov 2024 | €337.2b | €312.8b | €28.0b | 14.9x | 12x | 1.1x |
| Sun, 29 Sep 2024 | €346.5b | €313.1b | €27.6b | 15.5x | 12.6x | 1.1x |
| Tue, 27 Aug 2024 | €328.5b | €313.3b | €27.7b | 15.4x | 11.8x | 1x |
| Thu, 25 Jul 2024 | €315.1b | €303.7b | €28.1b | 16.4x | 11.2x | 1x |
| Sat, 22 Jun 2024 | €318.6b | €303.6b | €28.0b | 15x | 11.4x | 1x |
| Mon, 20 May 2024 | €323.8b | €303.6b | €28.1b | 15.1x | 11.5x | 1.1x |
| Wed, 17 Apr 2024 | €313.0b | €310.0b | €26.3b | 15.2x | 11.9x | 1x |
| Fri, 15 Mar 2024 | €312.4b | €323.7b | €26.3b | 13x | 11.9x | 1x |
| Sun, 11 Feb 2024 | €289.7b | €325.6b | €24.2b | 13.2x | 12x | 0.9x |
| Tue, 09 Jan 2024 | €295.4b | €329.5b | €24.8b | 14.8x | 11.9x | 0.9x |
| Thu, 07 Dec 2023 | €290.0b | €329.6b | €24.9b | 14.5x | 11.7x | 0.9x |
| Sat, 04 Nov 2023 | €269.2b | €340.8b | €24.3b | 13.6x | 11.1x | 0.8x |
| Mon, 02 Oct 2023 | €271.3b | €340.3b | €24.3b | 13.5x | 11.2x | 0.8x |
| Wed, 30 Aug 2023 | €269.2b | €349.4b | €23.4b | 14x | 11.5x | 0.8x |
| Fri, 28 Jul 2023 | €264.6b | €332.0b | €24.5b | 15.8x | 10.8x | 0.8x |
| Sun, 25 Jun 2023 | €252.8b | €331.8b | €24.5b | 15.7x | 10.3x | 0.8x |
| Tue, 23 May 2023 | €245.3b | €319.7b | €21.1b | 12.7x | 11.6x | 0.8x |
| Thu, 20 Apr 2023 | €262.1b | €322.2b | €22.3b | 12.6x | 11.7x | 0.8x |
| Sat, 18 Mar 2023 | €236.2b | €323.7b | €22.5b | 11x | 10.5x | 0.7x |
| Mon, 13 Feb 2023 | €256.3b | €316.4b | €19.0b | 12.5x | 13.5x | 0.8x |
| Wed, 11 Jan 2023 | €253.8b | €317.5b | €17.5b | 10.6x | 14.5x | 0.8x |
| Fri, 09 Dec 2022 | €242.1b | €317.5b | €17.5b | 10x | 13.8x | 0.8x |
| Sun, 06 Nov 2022 | €224.3b | €311.4b | €17.4b | 10.8x | 12.9x | 0.7x |
| Tue, 04 Oct 2022 | €204.0b | €310.4b | €16.5b | 10.9x | 12.4x | 0.7x |
| Thu, 01 Sep 2022 | €207.4b | €313.0b | €16.6b | 10.9x | 12.5x | 0.7x |
| Sat, 30 Jul 2022 | €210.7b | €316.1b | €17.1b | 11.2x | 12.4x | 0.7x |
| Mon, 27 Jun 2022 | €211.8b | €315.9b | €16.6b | 13x | 12.8x | 0.7x |
| Wed, 25 May 2022 | €227.0b | €315.9b | €16.6b | 13.2x | 13.7x | 0.7x |
| Fri, 22 Apr 2022 | €244.0b | €315.7b | €18.1b | 13.1x | 13.5x | 0.8x |
Price to Earnings Ratio
13.5x
Current Industry PE
- Investors are optimistic on the German Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 12.2x.
- The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 16% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the German Financials sector?
| DE Market | 5.55% | |
| Financials | 8.84% | |
| Capital Markets | 9.31% | |
| Insurance | 8.98% | |
| Banks | 6.78% | |
| Diversified Financial | 1.73% | |
| Mortgage Finance | 0% | 0 |
| Consumer Finance | -1.38% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 18.5x.
- Analysts are expecting annual earnings growth of 43.8%, which is higher than its past year's earnings decline of 4.4% per year.
- Investors are most pessimistic about the Consumer Finance industry, which is trading below its 3-year average of 61.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 4.4% per year.
- In contrast, the Insurance industry is expected to see its earnings grow by 5.6% per year 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 | |
|---|---|---|---|---|---|
| ALV Allianz | €337.70 | 6.9% +€8.4b | 27.9% | PE13.3x | |
| MUV2 Münchener Rückversicherungs-Gesellschaft in München | €580.40 | 11.7% +€7.9b | 38.5% | PE13.3x | |
| DBK Deutsche Bank | €20.32 | 12.4% +€4.4b | 38.1% | PE14.2x | |
| DB1 Deutsche Börse | €268.00 | 8.3% +€3.8b | 40.6% | PE25.3x | |
| HNR1 Hannover Rück | €270.60 | 10.2% +€3.0b | 16.0% | PE14x |
