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German (DAX) Medical Equipment Industry Analysis

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies14
  • 7D-1.3%
  • 3M-15.6%
  • 1Y-28.7%
  • YTD-20.1%

Over the last 7 days, the Medical Equipment industry has dropped 1.3%, driven by Siemens Healthineers declining 1.6%. On the other hand Eckert & Ziegler is actually up 5.0%. The industry has fallen 29% in the last year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the German Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 May 2026€48.5b€33.7b€2.6b18.4x18.9x1.4x
Tue, 31 Mar 2026€49.2b€33.7b€2.6b15.6x19.1x1.5x
Thu, 26 Feb 2026€56.0b€33.6b€2.5b17.8x22.2x1.7x
Sat, 24 Jan 2026€58.9b€33.7b€2.6b17.9x22.9x1.7x
Mon, 22 Dec 2025€60.6b€33.7b€2.6b19.8x23.6x1.8x
Wed, 19 Nov 2025€58.0b€33.7b€2.6b16.1x22.1x1.7x
Fri, 17 Oct 2025€65.1b€33.6b€2.6b23x24.8x1.9x
Sun, 14 Sep 2025€60.9b€32.0b€2.6b17.8x23.7x1.9x
Tue, 12 Aug 2025€61.6b€32.0b€2.6b21.9x23.9x1.9x
Thu, 10 Jul 2025€61.4b€31.7b€2.5b22.8x24.4x1.9x
Sat, 07 Jun 2025€61.4b€31.7b€2.5b22.7x24.4x1.9x
Mon, 05 May 2025€62.5b€31.1b€2.4b27x26x2x
Wed, 02 Apr 2025€65.0b€31.2b€2.4b28.3x26.8x2.1x
Fri, 28 Feb 2025€69.2b€31.1b€2.4b30.4x29.3x2.2x
Sun, 26 Jan 2025€68.4b€30.8b€2.3b27.6x29.2x2.2x
Tue, 24 Dec 2024€65.6b€30.8b€2.3b25.9x28x2.1x
Thu, 21 Nov 2024€63.5b€30.8b€2.4b25x26.9x2.1x
Sat, 19 Oct 2024€67.7b€30.5b€2.3b26.2x29.5x2.2x
Mon, 16 Sep 2024€63.7b€30.5b€2.3b24.6x27.8x2.1x
Wed, 14 Aug 2024€64.9b€30.5b€2.3b25.5x28.7x2.1x
Fri, 12 Jul 2024€70.7b€30.2b€2.3b25.8x31.1x2.3x
Sun, 09 Jun 2024€72.5b€30.2b€2.3b28.8x32x2.4x
Tue, 07 May 2024€70.6b€30.2b€2.0b26.8x36x2.3x
Thu, 04 Apr 2024€75.2b€30.2b€2.0b26.2x38.1x2.5x
Sat, 02 Mar 2024€75.8b€30.2b€1.9b32.9x38.9x2.5x
Mon, 29 Jan 2024€70.1b€30.1b€1.9b31.3x36.3x2.3x
Wed, 27 Dec 2023€71.4b€30.1b€1.9b30.8x37x2.4x
Fri, 24 Nov 2023€68.5b€30.0b€1.9b29.8x35.1x2.3x
Sun, 22 Oct 2023€65.8b€29.9b€2.0b25.6x32.9x2.2x
Tue, 19 Sep 2023€61.0b€29.9b€2.0b27.4x30.5x2x
Thu, 17 Aug 2023€63.3b€29.9b€2.0b29x31.7x2.1x
Sat, 15 Jul 2023€70.3b€29.7b€1.8b32.9x38.3x2.4x
Mon, 12 Jun 2023€71.7b€29.7b€1.8b32.3x39.1x2.4x
Wed, 10 May 2023€76.7b€29.8b€2.3b31.7x32.7x2.6x
Price to Earnings Ratio

32.7x


Total Market Cap: €76.7bTotal Earnings: €2.3bTotal Revenue: €29.8bTotal Market Cap vs Earnings and Revenue0%0%0%
German Medical Equipment Industry Price to Earnings3Y Average 29.2x202420252026
Current Industry PE
  • Investors are pessimistic on the German Medical Equipment 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 18.9x which is lower than its 3-year average PE of 29.3x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 3.1% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 Healthcare industry?

DE Market0.062%
Healthcare-0.56%
Medical Equipment-1.26%
Medical Supplies-0.99%
Medical Equipment-1.26%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 25.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 29.4x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 12% 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
EUZ Eckert & Ziegler€15.265.0%
+€45.7m
-24.1%PE19.6x
AFX Carl Zeiss Meditec€26.480.7%
+€15.8m
-55.7%PE19.2x

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