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German (DAX) Medical Equipment Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies14
  • 7D0.7%
  • 3M-1.8%
  • 1Y-7.8%
  • YTD6.1%

The Medical Equipment industry has been flat over the last week, but Carl Zeiss Meditec has lost 6.0%. Unfortunately though, the industry is down 7.4% over the past 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026€64.2b€33.7b€2.6b21.7x25x1.9x
Sat, 13 Dec 2025€60.2b€33.7b€2.6b20.1x23.3x1.8x
Mon, 10 Nov 2025€59.8b€33.7b€2.6b15.4x22.8x1.8x
Wed, 08 Oct 2025€61.8b€32.0b€2.6b21.4x24x1.9x
Fri, 05 Sep 2025€60.2b€32.0b€2.6b17.1x23.5x1.9x
Sun, 03 Aug 2025€60.3b€32.0b€2.6b22.1x23.3x1.9x
Tue, 01 Jul 2025€61.5b€31.7b€2.5b22.1x24.4x1.9x
Thu, 29 May 2025€61.5b€31.7b€2.5b19.4x24.5x1.9x
Sat, 26 Apr 2025€61.2b€31.2b€2.4b26.7x25.4x2x
Mon, 24 Mar 2025€67.2b€31.1b€2.4b29.2x27.9x2.2x
Wed, 19 Feb 2025€72.6b€31.1b€2.4b30.9x30.7x2.3x
Fri, 17 Jan 2025€64.5b€30.8b€2.3b26.5x27.6x2.1x
Sun, 15 Dec 2024€67.5b€30.8b€2.3b26.5x28.9x2.2x
Tue, 12 Nov 2024€66.4b€30.8b€2.4b26.2x28.1x2.2x
Thu, 10 Oct 2024€66.7b€30.5b€2.3b26.2x29.1x2.2x
Sat, 07 Sep 2024€64.7b€30.5b€2.3b25.4x28.2x2.1x
Mon, 05 Aug 2024€63.2b€30.5b€2.3b25x27.3x2.1x
Wed, 03 Jul 2024€69.3b€30.2b€2.3b26x30.5x2.3x
Fri, 31 May 2024€71.0b€30.2b€2.3b28.1x31.3x2.3x
Sun, 28 Apr 2024€71.1b€30.2b€2.0b25.7x36.3x2.4x
Tue, 26 Mar 2024€75.4b€30.2b€2.0b27.2x38.3x2.5x
Thu, 22 Feb 2024€72.6b€30.2b€1.9b32.9x37.3x2.4x
Sat, 20 Jan 2024€70.2b€30.1b€1.9b31.1x36.3x2.3x
Mon, 18 Dec 2023€71.3b€30.1b€1.9b30.5x36.9x2.4x
Wed, 15 Nov 2023€66.4b€30.0b€1.9b30.1x34.1x2.2x
Fri, 13 Oct 2023€68.6b€29.9b€2.0b27x34.3x2.3x
Sun, 10 Sep 2023€60.5b€29.9b€2.0b27.6x30.3x2x
Tue, 08 Aug 2023€66.6b€29.8b€2.0b28.5x33.6x2.2x
Thu, 06 Jul 2023€68.6b€29.7b€1.8b32.1x37.3x2.3x
Sat, 03 Jun 2023€73.5b€29.7b€1.8b33.3x40.1x2.5x
Mon, 01 May 2023€77.7b€29.7b€2.3b25.9x33.6x2.6x
Wed, 29 Mar 2023€72.5b€29.7b€2.3b27.4x31.2x2.4x
Fri, 24 Feb 2023€71.0b€29.5b€2.3b27.8x31.4x2.4x
Sun, 22 Jan 2023€69.6b€29.5b€2.3b26.4x30.4x2.4x
Price to Earnings Ratio

30.4x


Total Market Cap: €69.6bTotal Earnings: €2.3bTotal Revenue: €29.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German Medical Equipment Industry Price to Earnings3Y Average 30.3x202420252026
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 24.7x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 4.0% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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 Market0.33%
Healthcare1.70%
Medical Equipment0.67%
Medical Equipment0.73%
Medical Supplies-2.99%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 30.5x.
    • Analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings growth of 11.8% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 25.3x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Medical Equipment 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?

CompanyLast Price7D1YValuation
SHL Siemens Healthineers€47.051.6%
+€825.7m
-8.7%PE24.5x
EUZ Eckert & Ziegler€16.162.3%
+€23.2m
3.5%PE24.9x
SBS Stratec€23.857.0%
+€18.8m
-20.2%PE18.9x
AAQ1 aap Implantate€1.6419.7%
+€3.8m
-1.8%PS1.9x
PTP Pentixapharm Holding€2.074.8%
+€2.4m
-30.6%PS33.7x

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