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German (DAX) Medical Equipment Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies15
  • 7D-1.7%
  • 3M-8.4%
  • 1Y-10.7%
  • YTD-7.7%

In the last week, the Medical Equipment industry is down 1.7% with Siemens Healthineers down the most at 0.8%. Overall the industry is down 11% in 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 07 Apr 2023€75.5b€29.7b€2.3b26.1x32.5x2.5x
Sun, 05 Mar 2023€72.3b€29.5b€2.3b28.4x32.1x2.4x
Tue, 31 Jan 2023€71.2b€29.5b€2.3b27.2x31.1x2.4x
Thu, 29 Dec 2022€65.6b€29.5b€2.3b26.4x28.7x2.2x
Sat, 26 Nov 2022€73.6b€29.3b€2.2b32.9x32.9x2.5x
Mon, 24 Oct 2022€65.1b€28.5b€2.1b27.9x30.5x2.3x
Wed, 21 Sep 2022€62.8b€28.6b€2.2b26.2x29x2.2x
Fri, 19 Aug 2022€101.9b€32.5b€2.7b33.3x38.4x3.1x
Price to Earnings Ratio

38.4x


Total Market Cap: €101.9bTotal Earnings: €2.7bTotal Revenue: €32.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German Medical Equipment Industry Price to Earnings3Y Average 31.5x202320242025
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 23.9x which is lower than its 3-year average PE of 31.5x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the German Healthcare industry?

DE Market-0.82%
Healthcare-0.96%
Medical Equipment-1.70%
Medical Supplies1.43%
Medical Equipment-1.76%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 12.6%, which is higher than its past year's earnings growth of 4.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 25.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 13% 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€46.271.1%
+€557.2m
-8.4%PE23.7x
PHH2 Paul Hartmann€245.001.7%
+€14.2m
27.9%PE8x
PUS PULSION Medical Systems€20.201.0%
+€1.6m
22.4%PE10.8x
NN6 NanoRepro€1.675.7%
+€1.1m
-9.5%PS4.7x
GME Geratherm Medical€3.136.5%
+€1.0m
-15.4%PE24x

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