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German (DAX) Capital Markets Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies99
  • 7D2.2%
  • 3M9.8%
  • 1Y10.4%
  • YTD2.1%

Deutsche Bank is up 3.6%, leading the way for the Capital Markets industry, which has gained 2.2%. Meanwhile, Deutsche Beteiligungs actually underperformed within the industry, shrinking 8.3% in the last week. This means that the industry has gained 11% over the past year. Looking forward, earnings are forecast to grow by 6.2% annually.

Industry Valuation and Performance

Has the German Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024€78.0b€45.1b€7.1b23x11x1.7x
Fri, 26 Jan 2024€77.4b€49.1b€7.7b24.6x10.1x1.6x
Sun, 24 Dec 2023€77.3b€49.2b€7.7b22.2x10.1x1.6x
Tue, 21 Nov 2023€71.8b€49.2b€7.7b21.7x9.3x1.5x
Thu, 19 Oct 2023€66.5b€48.5b€7.6b19.8x8.7x1.4x
Sat, 16 Sep 2023€69.0b€48.4b€7.6b22.2x9x1.4x
Mon, 14 Aug 2023€69.0b€47.5b€6.8b18.9x10.1x1.5x
Wed, 12 Jul 2023€66.0b€47.4b€7.7b17.2x8.6x1.4x
Fri, 09 Jun 2023€68.4b€47.5b€7.8b16.5x8.8x1.4x
Sun, 07 May 2023€69.3b€47.4b€7.6b16.1x9.1x1.5x
Tue, 04 Apr 2023€68.1b€46.8b€7.8b9.3x8.8x1.5x
Thu, 02 Mar 2023€71.2b€45.5b€7.8b10.2x9.1x1.6x
Sat, 28 Jan 2023€72.3b€46.4b€6.2b9.1x11.7x1.6x
Mon, 26 Dec 2022€68.1b€46.4b€6.2b9x10.9x1.5x
Wed, 23 Nov 2022€69.8b€46.4b€6.2b9.7x11.2x1.5x
Fri, 21 Oct 2022€63.4b€44.7b€5.8b10.3x11x1.4x
Sun, 18 Sep 2022€66.8b€44.9b€5.7b10.3x11.7x1.5x
Tue, 16 Aug 2022€67.6b€44.8b€5.8b10.8x11.7x1.5x
Thu, 14 Jul 2022€63.2b€44.6b€5.5b9.3x11.4x1.4x
Sat, 11 Jun 2022€66.2b€44.7b€5.6b13.8x11.8x1.5x
Mon, 09 May 2022€68.9b€44.1b€5.7b14.1x12x1.6x
Wed, 06 Apr 2022€76.6b€43.4b€5.3b13.3x14.4x1.8x
Fri, 04 Mar 2022€69.0b€43.1b€5.2b13.9x13.2x1.6x
Sun, 30 Jan 2022€76.1b€43.7b€5.2b15.4x14.5x1.7x
Tue, 28 Dec 2021€73.8b€43.7b€5.2b16.1x14.1x1.7x
Thu, 25 Nov 2021€73.8b€43.6b€5.2b15.6x14.2x1.7x
Sat, 23 Oct 2021€74.5b€43.0b€4.9b17.7x15.2x1.7x
Mon, 20 Sep 2021€70.9b€42.7b€4.8b19.4x14.9x1.7x
Wed, 18 Aug 2021€73.8b€42.7b€4.8b17.5x15.5x1.7x
Wed, 02 Jun 2021€73.0b€40.9b€3.7b17.7x19.7x1.8x
Sat, 06 Mar 2021€67.3b€38.6b€2.4b21x27.6x1.7x
Price to Earnings Ratio

27.6x


Total Market Cap: €67.3bTotal Earnings: €2.4bTotal Revenue: €38.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German Capital Markets Industry Price to Earnings3Y Average 12.3x202220232024
Current Industry PE
  • Investors are pessimistic on the German Capital Markets 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 11.0x which is lower than its 3-year average PE of 12.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 industry?

DE Market2.40%
Financials0.86%
Capital Markets2.21%
Diversified Capital Markets3.60%
Financial Exchanges and Data2.06%
Investment Banking and Brokerage1.35%
Asset Management0.33%
Industry PE
  • Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 23.0x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings decline of 1.6% per year.
  • Investors are most pessimistic about the Diversified Capital Markets industry, which is trading below its 3-year average of 8.7x.
Forecasted Growth
  • Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 1.6% per year.
  • In contrast, the Asset Management industry is expected to see its earnings grow by 5.0% 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
DBK Deutsche Bank€12.383.6%
+€856.7m
4.9%PE5.8x
DB1 Deutsche Börse€192.752.1%
+€716.6m
16.8%PE20.5x
DWS DWS Group GmbH KGaA€37.522.0%
+€144.0m
21.8%PE13.2x
FTK flatexDEGIRO€10.333.7%
+€40.9m
27.8%PE15.3x
ADE Bitcoin Group€40.506.6%
+€12.5m
81.9%PE119.9x
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Latest News

BWB

€3.29

Baader Bank

7D

4.4%

1Y

-20.7%

MUX

€34.00

Mutares SE KGaA

7D

-3.3%

1Y

67.9%

DBAN

€25.35

Deutsche Beteiligungs

7D

-8.3%

1Y

-18.5%

DB1

€192.75

Deutsche Börse

7D

2.1%

1Y

16.8%

FTK

€10.33

flatexDEGIRO

7D

3.7%

1Y

27.8%

CAG0

€12.50

Clere

7D

-2.3%

1Y

-13.8%

DWS

€37.52

DWS Group GmbH KGaA

7D

2.0%

1Y

21.8%

MLP

€5.28

MLP

7D

-2.8%

1Y

7.1%

HXCK

€4.15

Ernst Russ

7D

-4.8%

1Y

-16.9%

CORE

€0.26

Coreo

7D

-20.2%

1Y

-67.1%

B8A

€90.50

BAVARIA Industries Group

7D

-0.5%

1Y

14.6%

BFV

€66.50

Berliner Effektengesellschaft

7D

0.8%

1Y

-12.7%

D77

€6.30

Neon Equity

7D

-6.7%

1Y

-37.6%

EUX

€48.00

EUWAX

7D

3.0%

1Y

-11.1%