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German (DAX) Healthcare Services Industry Analysis
UpdatedDec 24, 2025
DataAggregated Company Financials
Companies15
- 7D2.3%
- 3M0.8%
- 1Y23.9%
- YTD23.6%
Over the last 7 days, the Healthcare Services industry has remained flat, although notably MEDICLIN declined by 3.7%. As for the the longer term, the industry is up 24% over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the German Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Dec 2025 | €41.1b | €47.6b | €1.9b | 17.5x | 21.6x | 0.9x |
| Fri, 21 Nov 2025 | €39.8b | €47.6b | €1.9b | 18.5x | 20.9x | 0.8x |
| Sun, 19 Oct 2025 | €42.2b | €47.2b | €1.8b | 20.1x | 23.1x | 0.9x |
| Tue, 16 Sep 2025 | €40.5b | €47.1b | €1.8b | 19.9x | 22.1x | 0.9x |
| Thu, 14 Aug 2025 | €40.0b | €47.0b | €1.8b | 22.2x | 21.9x | 0.9x |
| Sat, 12 Jul 2025 | €42.2b | €49.4b | €2.0b | 21.8x | 21.2x | 0.9x |
| Mon, 09 Jun 2025 | €44.5b | €49.4b | €2.0b | 20.9x | 22.3x | 0.9x |
| Wed, 07 May 2025 | €43.1b | €49.0b | €1.8b | 23x | 23.4x | 0.9x |
| Fri, 04 Apr 2025 | €40.5b | €48.9b | €1.8b | 21.4x | 22.7x | 0.8x |
| Sun, 02 Mar 2025 | €39.8b | €48.8b | €1.6b | 24x | 24.8x | 0.8x |
| Tue, 28 Jan 2025 | €38.8b | €49.7b | €345.3m | 21.8x | 112.4x | 0.8x |
| Thu, 26 Dec 2024 | €36.0b | €50.0b | €354.9m | 20.1x | 101.4x | 0.7x |
| Sat, 23 Nov 2024 | €35.6b | €50.0b | €352.5m | 18.6x | 100.8x | 0.7x |
| Mon, 21 Oct 2024 | €34.3b | €49.9b | €1.4b | 19.7x | 24.1x | 0.7x |
| Wed, 18 Sep 2024 | €34.8b | €49.9b | €1.4b | 20.3x | 24.5x | 0.7x |
| Fri, 16 Aug 2024 | €32.1b | €49.9b | €1.4b | 24.7x | 22.7x | 0.6x |
| Sun, 14 Jul 2024 | €31.8b | €49.7b | €969.1m | 24.5x | 32.8x | 0.6x |
| Tue, 11 Jun 2024 | €33.2b | €49.7b | €964.9m | 25.6x | 34.4x | 0.7x |
| Thu, 09 May 2024 | €31.6b | €49.5b | €999.0m | 23.4x | 31.6x | 0.6x |
| Sat, 06 Apr 2024 | €28.5b | €49.4b | €987.0m | 20.4x | 28.9x | 0.6x |
| Mon, 04 Mar 2024 | €29.6b | €68.7b | €1.6b | 19.6x | 18.1x | 0.4x |
| Wed, 31 Jan 2024 | €34.9b | €78.1b | €1.5b | 19.6x | 22.7x | 0.4x |
| Fri, 29 Dec 2023 | €36.4b | €78.1b | €1.5b | 19.9x | 23.6x | 0.5x |
| Sun, 26 Nov 2023 | €35.8b | €78.1b | €1.5b | 20.5x | 23.2x | 0.5x |
| Tue, 24 Oct 2023 | €32.7b | €78.3b | €1.7b | 17.6x | 19.6x | 0.4x |
| Thu, 21 Sep 2023 | €38.9b | €78.3b | €1.7b | 20.8x | 23.3x | 0.5x |
| Sat, 19 Aug 2023 | €38.3b | €78.3b | €1.7b | 21.4x | 23x | 0.5x |
| Mon, 17 Jul 2023 | €37.3b | €77.9b | €1.9b | 22.8x | 20x | 0.5x |
| Wed, 14 Jun 2023 | €35.7b | €78.1b | €1.9b | 20.7x | 19.2x | 0.5x |
| Fri, 12 May 2023 | €37.7b | €78.2b | €2.0b | 20.7x | 18.4x | 0.5x |
| Sun, 09 Apr 2023 | €35.3b | €77.6b | €2.2b | 17.4x | 16x | 0.5x |
| Tue, 07 Mar 2023 | €33.5b | €77.8b | €2.4b | 16.8x | 14x | 0.4x |
| Thu, 02 Feb 2023 | €35.9b | €76.8b | €2.7b | 16x | 13.1x | 0.5x |
| Sat, 31 Dec 2022 | €34.6b | €76.7b | €2.7b | 16.1x | 12.7x | 0.5x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are pessimistic on the German Healthcare 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 21.5x which is lower than its 3-year average PE of 30.8x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 11% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Healthcare industry?
| DE Market | 0.66% | |
| Healthcare | 0.99% | |
| Healthcare Services | 2.32% | |
| Healthcare Distributors | 4.86% | |
| Healthcare Services | 2.34% | |
| Healthcare Facilities | 1.06% | |
Industry PE
- Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 25.5%, which is lower than the prior year's growth of 71.1% per year.
- Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 22.6x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 25% over the next 5 years.
- However this is lower than its past earnings growth rate of 71% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| FRE Fresenius SE KGaA | €48.76 | 2.8% +€749.1m | 45.8% | PE25.1x | |
| FME Fresenius Medical Care | €40.71 | 1.3% +€151.1m | -6.5% | PE16.2x | |
| ILM1 Medios | €14.14 | 6.6% +€22.4m | 17.1% | PE16.4x | |
| RHK RHÖN-KLINIKUM | €13.00 | 2.4% +€20.1m | -6.5% | PE22.8x | |
| M12 M1 Kliniken | €17.86 | 0.9% +€3.0m | 9.9% | PE18.7x |
