Why Investors Shouldn't Be Surprised By FORIS AG's (ETR:FRS) Low P/E
Aug 16
Have your own idea? Try our Stock Screener
German (DAX) Specialized Finance Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies6
- 7D-2.6%
- 3M-31.2%
- 1Y-36.5%
- YTDn/a
Over the last 7 days, the Specialized Finance industry has dropped 1.9%, driven by Grenke declining 2.0%. The industry has fallen 35% in the last year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the German Specialized Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| 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 |
| Sat, 10 Jun 2023 | €1.4b | €622.7m | €83.9m | 57.2x | 17x | 2.3x |
| Mon, 08 May 2023 | €1.6b | €623.1m | €87.9m | 81.5x | 18.4x | 2.6x |
| Wed, 05 Apr 2023 | €1.4b | €624.0m | €88.2m | 80.5x | 15.3x | 2.2x |
| Fri, 03 Mar 2023 | €1.6b | €612.9m | €105.9m | 91.2x | 14.6x | 2.5x |
| Sun, 29 Jan 2023 | €1.8b | €612.9m | €105.9m | 101.6x | 17.4x | 3x |
| Tue, 27 Dec 2022 | €1.4b | €612.9m | €105.9m | 116.8x | 13.2x | 2.3x |
| Thu, 24 Nov 2022 | €1.2b | €612.2m | €106.8m | 61.9x | 10.9x | 1.9x |
| Sat, 22 Oct 2022 | €1.1b | €610.1m | €106.3m | 55x | 10.1x | 1.8x |
| Mon, 19 Sep 2022 | €1.3b | €609.1m | €105.9m | 65.4x | 11.8x | 2.1x |
| Wed, 17 Aug 2022 | €1.3b | €633.8m | €105.2m | 25.3x | 12.5x | 2.1x |
| Fri, 15 Jul 2022 | €1.3b | €610.5m | €102.1m | 24.7x | 12.7x | 2.1x |
| Sun, 12 Jun 2022 | €1.4b | €610.5m | €102.1m | 27.8x | 13.4x | 2.2x |
| Tue, 10 May 2022 | €1.3b | €616.3m | €94.6m | 26.7x | 13.8x | 2.1x |
| Thu, 07 Apr 2022 | €1.4b | €612.6m | €94.7m | 13.2x | 14.9x | 2.3x |
| Sat, 05 Mar 2022 | €1.3b | €617.1m | €79.0m | 14.2x | 16.4x | 2.1x |
| Mon, 31 Jan 2022 | €1.5b | €617.1m | €79.0m | 17.2x | 19.5x | 2.5x |
| Wed, 29 Dec 2021 | €1.7b | €617.1m | €79.0m | 19.2x | 21.6x | 2.8x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are pessimistic on the German Specialized Finance 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 9.5x which is lower than its 3-year average PE of 14.0x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Specialized Finance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does German Specialized Finance compare with similar industries?
| DE Market | -2.59% | |
| Financials | -2.96% | |
| Diversified Financial | -2.06% | |
| Specialized Finance | -2.61% | |
| Other Diversified Financial Services | 0.039% | |
| Transaction and Payment Processing Services | -1.09% | |
| Multi-Sector Holdings | -1.44% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DFTK DF Deutsche Forfait | €1.48 | 0.7% +€118.9k | -24.1% | PE14.8x |