Narrative Update • Jun 22

In the last week, the Specialized Finance industry is up 2.5%, with Grenke up 2.2%. In the past year, the industry is down 24%. As for the next few years, earnings are expected to grow by 18% per annum.
Has the German Specialized Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | €649.6m | €740.3m | €60.3m | 11.9x | 10.8x | 0.9x |
| Wed, 03 Jun 2026 | €665.7m | €741.6m | €63.0m | 9.4x | 10.6x | 0.9x |
| Fri, 01 May 2026 | €670.2m | €725.9m | €63.7m | 9.7x | 10.5x | 0.9x |
| Sun, 29 Mar 2026 | €655.5m | €727.2m | €64.4m | 9.8x | 10.2x | 0.9x |
| Tue, 24 Feb 2026 | €766.7m | €707.0m | €58.3m | 12.5x | 13.1x | 1.1x |
| Thu, 22 Jan 2026 | €778.4m | €707.0m | €58.3m | 13x | 13.3x | 1.1x |
| Sat, 20 Dec 2025 | €765.9m | €707.0m | €58.3m | 13x | 13.1x | 1.1x |
| Mon, 17 Nov 2025 | €732.9m | €716.9m | €58.7m | 12.2x | 12.5x | 1x |
| Wed, 15 Oct 2025 | €821.8m | €683.0m | €50.9m | 16.2x | 16.1x | 1.2x |
| Fri, 12 Sep 2025 | €837.9m | €682.9m | €52.0m | 10.4x | 16.1x | 1.2x |
| Sun, 10 Aug 2025 | €891.6m | €672.9m | €65.7m | 10.2x | 13.6x | 1.3x |
| Tue, 08 Jul 2025 | €857.7m | €672.4m | €65.2m | 10.4x | 13.2x | 1.3x |
| Thu, 05 Jun 2025 | €730.2m | €672.4m | €65.2m | 9.5x | 11.2x | 1.1x |
| Sat, 03 May 2025 | €724.1m | €654.9m | €73.8m | 11.2x | 9.8x | 1.1x |
| Mon, 31 Mar 2025 | €708.6m | €651.9m | €73.3m | 11.2x | 9.7x | 1.1x |
| Wed, 26 Feb 2025 | €866.1m | €601.1m | €82.3m | 11.8x | 10.5x | 1.4x |
| Fri, 24 Jan 2025 | €822.7m | €601.1m | €82.3m | 11.6x | 10x | 1.4x |
| Sun, 22 Dec 2024 | €776.1m | €655.1m | €82.4m | 13.1x | 9.4x | 1.2x |
| Tue, 19 Nov 2024 | €837.1m | €655.1m | €82.4m | 13.2x | 10.2x | 1.3x |
| Thu, 17 Oct 2024 | €1.3b | €645.2m | €93.5m | 13.8x | 13.7x | 2x |
| Sat, 14 Sep 2024 | €1.1b | €665.4m | €94.0m | 11.7x | 11.7x | 1.7x |
| Mon, 12 Aug 2024 | €1.3b | €611.5m | €104.6m | 11.5x | 12.1x | 2.1x |
| Wed, 10 Jul 2024 | €1.2b | €647.2m | €92.0m | 11.8x | 13.4x | 1.9x |
| Fri, 07 Jun 2024 | €1.1b | €648.3m | €93.0m | 11x | 11.4x | 1.6x |
| Sun, 05 May 2024 | €1.1b | €638.8m | €90.8m | 12.1x | 12x | 1.7x |
| Tue, 02 Apr 2024 | €1.2b | €640.0m | €94.7m | 8.6x | 12.8x | 1.9x |
| Thu, 29 Feb 2024 | €1.1b | €647.0m | €96.2m | 8.6x | 12x | 1.8x |
| Sat, 27 Jan 2024 | €1.2b | €647.4m | €96.2m | 11.7x | 12.4x | 1.8x |
| Mon, 25 Dec 2023 | €1.3b | €647.4m | €96.2m | 11.6x | 13.4x | 2x |
| Wed, 22 Nov 2023 | €1.2b | €647.4m | €96.2m | 11.8x | 12.5x | 1.9x |
| Fri, 20 Oct 2023 | €1.0b | €643.2m | €93.8m | 11.4x | 11.1x | 1.6x |
| Sun, 17 Sep 2023 | €1.3b | €623.2m | €93.8m | 12.3x | 14.1x | 2.1x |
| Tue, 15 Aug 2023 | €1.4b | €622.9m | €84.3m | 41.3x | 16.2x | 2.2x |
| Thu, 13 Jul 2023 | €1.4b | €622.8m | €84.5m | 38.9x | 16.8x | 2.3x |
16.8x
How does German Specialized Finance compare with similar industries?
| DE Market | 4.14% | |
| Financials | 3.48% | |
| Diversified Financial | 1.20% | |
| Specialized Finance | 2.53% | |
| Multi-Sector Holdings | 9.83% | |
| Other Diversified Financial Services | 9.34% | |
| Transaction and Payment Processing Services | -3.71% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GLJ Grenke | €12.04 | 2.4% +€12.4m | -28.2% | PE9x | |
| CSQ0 creditshelf | €10.50 | 50.0% +€4.9m | 104,900.0% | n/a | |
| FRS FORIS | €3.68 | 14.3% +€2.1m | -10.7% | PS0.7x | |
| VDOT VanEck ETP | €0.23 | 5.7% +€149.9k | -74.2% | n/a |