German (DAX) Financials Sector Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies119
- 7D1.2%
- 3M17.6%
- 1Y7.5%
- YTD-0.5%
The Financials industry is up 1.2% in the last week, with Münchener Rückversicherungs-Gesellschaft in München up 1.8%. In the last 12 months, the industry was up 7.5%. Looking forward, earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | €242.7b | €315.2b | €17.5b | 10.7x | 13.9x | 0.8x |
| Tue, 25 Oct 2022 | €213.1b | €310.5b | €16.7b | 10.8x | 12.8x | 0.7x |
| Thu, 22 Sep 2022 | €215.4b | €310.4b | €16.6b | 10.7x | 13x | 0.7x |
| Sat, 20 Aug 2022 | €211.5b | €313.1b | €16.6b | 10.9x | 12.7x | 0.7x |
| Mon, 18 Jul 2022 | €202.9b | €315.8b | €16.5b | 10.4x | 12.3x | 0.6x |
| Wed, 15 Jun 2022 | €212.7b | €315.9b | €16.6b | 13.2x | 12.8x | 0.7x |
| Fri, 13 May 2022 | €225.8b | €317.4b | €18.4b | 12.8x | 12.3x | 0.7x |
| Sun, 10 Apr 2022 | €243.4b | €315.2b | €18.1b | 13.4x | 13.5x | 0.8x |
| Tue, 08 Mar 2022 | €208.7b | €311.8b | €14.6b | 12.4x | 14.3x | 0.7x |
| Thu, 03 Feb 2022 | €261.1b | €316.5b | €16.4b | 14x | 15.9x | 0.8x |
| Sat, 01 Jan 2022 | €243.2b | €317.3b | €16.1b | 14.2x | 15.1x | 0.8x |
| Mon, 29 Nov 2021 | €228.3b | €316.2b | €16.0b | 14.5x | 14.3x | 0.7x |
| Wed, 27 Oct 2021 | €239.8b | €312.5b | €15.1b | 15.9x | 15.9x | 0.8x |
| Fri, 24 Sep 2021 | €227.7b | €312.2b | €15.0b | 16.8x | 15.2x | 0.7x |
| Sun, 22 Aug 2021 | €236.0b | €310.5b | €14.9b | 16.8x | 15.8x | 0.8x |
| Fri, 09 Jul 2021 | €234.8b | €310.5b | €14.9b | 14.9x | 15.7x | 0.8x |
| Thu, 01 Apr 2021 | €239.2b | €310.2b | €13.1b | 15.9x | 18.2x | 0.8x |
| Sun, 03 Jan 2021 | €218.0b | €297.8b | €9.7b | 14.7x | 22.5x | 0.7x |
| Wed, 07 Oct 2020 | €190.1b | €288.7b | €10.9b | 11.3x | 17.5x | 0.7x |
| Tue, 30 Jun 2020 | €208.6b | €286.5b | €10.6b | 12x | 19.7x | 0.7x |
| Fri, 03 Apr 2020 | €172.8b | €284.9b | €9.1b | 9.6x | 19.1x | 0.6x |
| Mon, 06 Jan 2020 | €234.0b | €290.4b | €10.6b | 14.9x | 22x | 0.8x |
Price to Earnings Ratio
20.4x
Current Industry PE
- Investors are pessimistic on the German Financials 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 13.9x which is lower than its 3-year average PE of 17.3x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 4.3% 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 Financials sector?
| DE Market | 0.51% | |
| Financials | 1.20% | |
| Capital Markets | 1.55% | |
| Insurance | 1.21% | |
| Consumer Finance | 0.32% | |
| Mortgage REITs | 0% | |
| Banks | -0.48% | |
| Diversified Financial | -2.16% | |
| Mortgage Finance | -5.65% | |
Industry PE
- Investors are most pessimistic about the Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.9x.
Forecasted Growth
- Analysts are most optimistic on the Mortgage Finance industry, expecting annual earnings growth of 78% over the next 5 years.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 7.7% 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 | |
|---|---|---|---|---|---|
| MUV2 Münchener Rückversicherungs-Gesellschaft in München | €298.50 | 1.8% +€722.0m | 26.4% | PE14.9x | |
| ALV Allianz | €205.35 | 0.7% +€564.3m | 7.3% | PE18.9x | |
| DB1 Deutsche Börse | €173.10 | 1.6% +€495.8m | 21.0% | PE22.4x | |
| DBK Deutsche Bank | €10.39 | 1.7% +€362.6m | -2.9% | PE6.3x | |
| TLX Talanx | €42.46 | 3.2% +€329.0m | 9.0% | PE10.5x |