Narrative Update • Jun 07

The Aerospace & Defense industry is up 2.1% in the last week, with OHB up 9.2%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
Has the German Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | €97.4b | €26.0b | €2.3b | 41.4x | 41.6x | 3.7x |
| Mon, 11 May 2026 | €94.8b | €25.8b | €2.3b | 52.8x | 40.6x | 3.7x |
| Wed, 08 Apr 2026 | €110.0b | €25.4b | €2.3b | 48.7x | 47.5x | 4.3x |
| Fri, 06 Mar 2026 | €109.7b | €26.1b | €2.1b | 68.2x | 52.4x | 4.2x |
| Sun, 01 Feb 2026 | €124.8b | €25.7b | €2.0b | 73.5x | 61.9x | 4.9x |
| Tue, 30 Dec 2025 | €105.0b | €25.7b | €2.0b | 65x | 52.3x | 4.1x |
| Thu, 27 Nov 2025 | €102.6b | €25.7b | €2.0b | 64.3x | 51.1x | 4x |
| Sat, 25 Oct 2025 | €121.4b | €22.9b | €1.8b | 110.7x | 66.9x | 5.3x |
| Mon, 22 Sep 2025 | €120.8b | €22.9b | €1.8b | 112.4x | 66.6x | 5.3x |
| Wed, 20 Aug 2025 | €104.2b | €22.8b | €1.8b | 93.8x | 57.4x | 4.6x |
| Fri, 18 Jul 2025 | €119.3b | €22.2b | €1.7b | 114.9x | 70.8x | 5.4x |
| Sun, 15 Jun 2025 | €113.3b | €22.2b | €1.7b | 107.9x | 67.3x | 5.1x |
| Tue, 13 May 2025 | €99.7b | €22.2b | €1.7b | 84x | 59.2x | 4.5x |
| Thu, 10 Apr 2025 | €80.3b | €20.9b | €1.6b | 43.6x | 51.2x | 3.8x |
| Sat, 08 Mar 2025 | €75.5b | €20.0b | €1.5b | 28.6x | 49.6x | 3.8x |
| Mon, 03 Feb 2025 | €56.6b | €19.4b | €1.5b | 25.1x | 38x | 2.9x |
| Wed, 01 Jan 2025 | €49.3b | €19.4b | €1.5b | 24.4x | 33.1x | 2.5x |
| Fri, 29 Nov 2024 | €49.3b | €19.4b | €1.5b | 23.8x | 33x | 2.5x |
| Sun, 27 Oct 2024 | €42.7b | €18.6b | €1.5b | 23.5x | 28.7x | 2.3x |
| Tue, 24 Sep 2024 | €40.7b | €17.3b | €706.1m | 26.2x | 57.7x | 2.4x |
| Thu, 22 Aug 2024 | €42.7b | €17.3b | €707.4m | 28.3x | 60.4x | 2.5x |
| Sat, 20 Jul 2024 | €40.0b | €16.2b | €612.4m | 30.1x | 65.3x | 2.5x |
| Mon, 17 Jun 2024 | €37.8b | €16.2b | €612.4m | 28.6x | 61.8x | 2.3x |
| Wed, 15 May 2024 | €41.0b | €16.0b | €542.1m | 28.9x | 75.7x | 2.6x |
| Fri, 12 Apr 2024 | €40.5b | €15.8b | €503.1m | 35.1x | 80.6x | 2.6x |
| Sun, 10 Mar 2024 | €35.8b | €15.5b | €445.1m | 33.6x | 80.5x | 2.3x |
| Tue, 06 Feb 2024 | €30.3b | €15.3b | €349.1m | 28x | 86.7x | 2x |
| Thu, 04 Jan 2024 | €27.5b | €15.3b | €349.1m | 26.5x | 78.8x | 1.8x |
| Sat, 02 Dec 2023 | €26.4b | €15.3b | €349.1m | 25.7x | 75.5x | 1.7x |
| Mon, 30 Oct 2023 | €25.0b | €15.7b | €988.6m | 22.7x | 25.3x | 1.6x |
| Wed, 27 Sep 2023 | €23.8b | €15.7b | €988.6m | 22.5x | 24x | 1.5x |
| Fri, 25 Aug 2023 | €26.0b | €15.7b | €988.1m | 22.8x | 26.3x | 1.7x |
| Sun, 23 Jul 2023 | €27.7b | €15.0b | €849.1m | 23.9x | 32.7x | 1.9x |
| Tue, 20 Jun 2023 | €28.1b | €15.0b | €849.1m | 24.3x | 33.1x | 1.9x |
33.1x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -2.98% | |
| Industrials | -3.60% | |
| Aerospace & Defense | 2.08% | |
| Aerospace and Defense | 2.08% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OHB OHB | €410.50 | 9.2% +€660.8m | 443.0% | PE140.1x | |
| MTX MTU Aero Engines | €312.00 | 3.4% +€548.6m | -8.6% | PE16.9x |