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German (DAX) Industrials Sector Analysis

UpdatedFeb 25, 2024
DataAggregated Company Financials
Companies144
  • 7D2.0%
  • 3M13.0%
  • 1Y3.7%
  • YTD3.4%

Over the last 7 days, the Industrials industry has risen 2.0%, driven by gains from Siemens of 3.6%. Meanwhile, MTU Aero Engines actually underperformed within the industry, shrinking 5.1% in the last week. In the last 12 months, the industry was up 3.7%. Earnings are forecast to grow by 6.6% annually.

Sector Valuation and Performance

Has the German Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Feb 2024€421.7b€558.6b€29.8b13.6x14.2x0.8x
Tue, 23 Jan 2024€411.5b€565.0b€26.7b14.5x15.4x0.7x
Thu, 21 Dec 2023€415.2b€565.0b€26.7b15x15.5x0.7x
Sat, 18 Nov 2023€379.8b€565.3b€27.9b14.8x13.6x0.7x
Mon, 16 Oct 2023€370.0b€574.8b€33.7b13.6x11x0.6x
Wed, 13 Sep 2023€386.8b€574.4b€33.8b14.5x11.4x0.7x
Fri, 11 Aug 2023€401.0b€577.5b€34.5b14.6x11.6x0.7x
Sun, 09 Jul 2023€402.8b€574.9b€36.5b14.4x11x0.7x
Tue, 06 Jun 2023€414.8b€573.0b€36.6b14.8x11.3x0.7x
Thu, 04 May 2023€428.6b€564.3b€36.2b16x11.9x0.8x
Sat, 01 Apr 2023€430.9b€559.2b€36.7b15.3x11.7x0.8x
Mon, 27 Feb 2023€409.7b€546.2b€35.4b15.3x11.6x0.8x
Wed, 25 Jan 2023€397.8b€540.2b€35.6b15.5x11.2x0.7x
Fri, 23 Dec 2022€355.4b€539.4b€35.5b14.4x10x0.7x
Sun, 20 Nov 2022€363.8b€528.3b€32.6b14.9x11.2x0.7x
Tue, 18 Oct 2022€308.4b€505.9b€29.7b12.4x10.4x0.6x
Thu, 15 Sep 2022€323.2b€508.6b€29.2b14.1x11.1x0.6x
Sat, 13 Aug 2022€376.3b€500.0b€26.1b17.2x14.4x0.8x
Mon, 11 Jul 2022€346.0b€479.8b€27.8b16.8x12.5x0.7x
Wed, 08 Jun 2022€403.8b€479.8b€27.8b19.1x14.5x0.8x
Fri, 06 May 2022€400.7b€459.5b€25.6b20x15.6x0.9x
Sun, 03 Apr 2022€407.6b€455.2b€25.0b19.2x16.3x0.9x
Tue, 01 Mar 2022€407.9b€436.3b€20.0b19.9x20.4x0.9x
Thu, 27 Jan 2022€435.4b€432.5b€19.9b22.2x21.8x1x
Sat, 25 Dec 2021€455.5b€393.7b€17.4b23.9x26.2x1.2x
Mon, 22 Nov 2021€430.9b€393.7b€17.4b24.5x24.8x1.1x
Wed, 20 Oct 2021€419.5b€390.9b€10.5b27.3x40x1.1x
Fri, 17 Sep 2021€432.2b€387.7b€10.9b29x39.7x1.1x
Sun, 15 Aug 2021€421.6b€376.5b€11.2b26.7x37.7x1.1x
Thu, 10 Jun 2021€397.2b€357.4b€4.6b29.6x86.5x1.1x
Wed, 03 Mar 2021€348.9b€342.5b€7.1b34.6x49.2x1x
Price to Earnings Ratio

49.2x


Total Market Cap: €348.9bTotal Earnings: €7.1bTotal Revenue: €342.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German Industrials Sector Price to Earnings3Y Average 23.8x202220232024
Current Industry PE
  • Investors are pessimistic on the German Industrials 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 14.2x which is lower than its 3-year average PE of 23.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 61% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Industrials sector?

DE Market1.27%
Industrials1.96%
Marine and Shipping4.54%
Infrastructure3.67%
Industrials3.57%
Trade Distributors3.30%
Construction2.46%
Logistics1.70%
Machinery1.42%
Aerospace & Defense0.017%
Airlines-0.40%
Building-0.49%
Transportation-1.11%
Commercial Services-2.62%
Electrical-2.62%
Professional Services-5.52%
Industry PE
  • Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio of 67.8x.
    • Analysts are expecting annual earnings growth of 40.1%, which is higher than its past year's earnings growth of 5.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings growth rate of 9.7% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 85% 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
SIE Siemens€175.303.6%
+€4.7b
23.9%PE15.6x
HLAG Hapag-Lloyd€135.604.5%
+€1.0b
-49.1%PE3.7x
RHM Rheinmetall€410.305.7%
+€958.7m
67.5%PE35.9x
DTG Daimler Truck Holding€36.673.2%
+€901.6m
22.2%PE9.5x
DHL Deutsche Post€43.461.7%
+€811.8m
9.0%PE12.7x
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Latest News

MTX

€215.50

MTU Aero Engines

7D

-5.1%

1Y

-6.4%

HOT

€105.10

HOCHTIEF

7D

4.6%

1Y

67.1%

HLAG

€135.60

Hapag-Lloyd

7D

4.5%

1Y

-49.1%

5UH

€31.36

Hensoldt

7D

-7.8%

1Y

2.8%

BDT

€43.15

Bertrandt

7D

-10.5%

1Y

-11.4%

KRN

€113.40

Krones

7D

-2.7%

1Y

0.5%

NCH2

€15.08

thyssenkrupp nucera KGaA

7D

-5.3%

1Y

n/a

DTG

€36.67

Daimler Truck Holding

7D

3.2%

1Y

22.2%

SIE

€175.30

Siemens

7D

3.6%

1Y

23.9%

NDX1

€9.41

Nordex

7D

-10.2%

1Y

-33.1%