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German (DAX) Asset Management Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies83
  • 7D2.3%
  • 3M-1.2%
  • 1Y25.0%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 1.9%, driven by gains from DWS Group GmbH KGaA of 2.7%. In the same time, More Impact was down 6.7%. This means that the industry has gained 25% over the past year. As for the next few years, earnings are expected to grow by 8.3% per annum.

Industry Valuation and Performance

Has the German Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 28 Nov 2025€14.9b€13.7b€1.3b13.9x11.9x1.1x
Sun, 26 Oct 2025€15.6b€13.3b€1.2b14.1x13.2x1.2x
Tue, 23 Sep 2025€15.6b€13.3b€1.2b14.4x13.2x1.2x
Thu, 21 Aug 2025€15.5b€13.1b€1.2b14.9x13.2x1.2x
Sat, 19 Jul 2025€14.8b€12.7b€921.8m18.6x16.1x1.2x
Mon, 16 Jun 2025€14.5b€12.9b€823.3m22.1x17.7x1.1x
Wed, 14 May 2025€15.0b€12.5b€770.2m19.4x19.5x1.2x
Fri, 11 Apr 2025€12.6b€12.4b€733.3m18.7x17.2x1x
Sun, 09 Mar 2025€14.8b€11.1b€776.7m17.7x19x1.3x
Tue, 04 Feb 2025€14.4b€11.1b€771.7m15.8x18.6x1.3x
Thu, 02 Jan 2025€12.5b€12.3b€713.4m15.8x17.5x1x
Sat, 30 Nov 2024€12.5b€15.2b€716.8m18x17.4x0.8x
Mon, 28 Oct 2024€12.5b€15.0b€780.5m19.3x16x0.8x
Wed, 25 Sep 2024€11.8b€15.0b€751.9m23.2x15.8x0.8x
Fri, 23 Aug 2024€12.0b€15.1b€752.5m23.5x16x0.8x
Sun, 21 Jul 2024€11.6b€14.9b€1.1b16.6x10.9x0.8x
Tue, 18 Jun 2024€12.0b€14.8b€1.0b15.5x11.6x0.8x
Thu, 16 May 2024€13.8b€14.6b€1.0b17.3x13.3x0.9x
Sat, 13 Apr 2024€13.3b€15.4b€1.1b16.6x11.5x0.9x
Mon, 11 Mar 2024€12.2b€10.1b€963.8m16x12.7x1.2x
Wed, 07 Feb 2024€11.8b€10.2b€1.0b16.2x11.8x1.2x
Fri, 05 Jan 2024€13.0b€14.5b€1.0b18.2x12.7x0.9x
Sun, 03 Dec 2023€12.6b€14.5b€1.1b17.2x11.9x0.9x
Tue, 31 Oct 2023€11.6b€14.2b€1.0b17.8x11.4x0.8x
Thu, 28 Sep 2023€12.4b€14.2b€973.5m18.5x12.8x0.9x
Sat, 26 Aug 2023€12.0b€14.2b€1.0b15x12x0.8x
Mon, 24 Jul 2023€12.0b€13.9b€730.9m18.5x16.4x0.9x
Wed, 21 Jun 2023€11.8b€13.9b€871.8m15.2x13.5x0.8x
Fri, 19 May 2023€12.5b€14.0b€787.2m11.3x15.9x0.9x
Sun, 16 Apr 2023€11.4b€13.4b€815.9m9.3x13.9x0.9x
Tue, 14 Mar 2023€11.0b€12.1b€919.2m8.8x11.9x0.9x
Thu, 09 Feb 2023€11.5b€13.5b€1.1b8.4x10.7x0.8x
Sat, 07 Jan 2023€11.1b€13.5b€1.1b8.4x10.3x0.8x
Mon, 05 Dec 2022€11.2b€13.5b€1.1b8.4x10.2x0.8x
Price to Earnings Ratio

10.2x


Total Market Cap: €11.2bTotal Earnings: €1.1bTotal Revenue: €13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German Asset Management Industry Price to Earnings3Y Average 14.2x202320242025
Current Industry PE
  • Investors are pessimistic on the German Asset Management and Custody Banks 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 11.9x which is lower than its 3-year average PE of 14.2x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 4.2% 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 Comparison

How does German Asset Management compare with similar industries?

DE Market2.56%
Financials3.26%
Capital Markets4.15%
Asset Management2.28%
Financial Exchanges and Data8.20%
Diversified Capital Markets2.40%
Investment Banking and Brokerage0.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DWS DWS Group GmbH KGaA€53.152.7%
+€280.0m
36.4%PE13.2x
MUX Mutares SE KGaA€28.307.6%
+€42.7m
19.9%PE12.8x
MLP MLP€6.685.0%
+€35.0m
13.2%PE11.1x
AR4 AURELIUS Equity Opportunities SE KGaA€546.003.9%
+€15.2m
2.9%n/a
DBAN Deutsche Beteiligungs€24.152.5%
+€10.6m
1.0%PB0.7x

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