Narrative Update • Jun 07

Over the last 7 days, the Aerospace & Defense industry has remained flat, although notably MTU Aero Engines gained 3.3%. Unfortunately though, the industry is down 20% over the past 12 months. Earnings are forecast to grow by 26% annually.
Has the German Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Jun 2026 | €96.2b | €26.0b | €2.3b | 41.9x | 41.1x | 3.7x |
| Wed, 13 May 2026 | €91.5b | €26.0b | €2.3b | 47.7x | 39.1x | 3.5x |
| Fri, 10 Apr 2026 | €112.3b | €25.4b | €2.3b | 47.3x | 48.5x | 4.4x |
| Sun, 08 Mar 2026 | €112.0b | €26.1b | €2.1b | 70.4x | 53.5x | 4.3x |
| Tue, 03 Feb 2026 | €121.2b | €25.7b | €2.0b | 72.9x | 60.1x | 4.7x |
| Thu, 01 Jan 2026 | €106.7b | €25.7b | €2.0b | 65.1x | 53.2x | 4.2x |
| Sat, 29 Nov 2025 | €102.2b | €25.7b | €2.0b | 63.7x | 50.9x | 4x |
| Mon, 27 Oct 2025 | €121.4b | €23.1b | €1.9b | 110.7x | 65.3x | 5.3x |
| Wed, 24 Sep 2025 | €120.7b | €22.9b | €1.8b | 114.1x | 66.6x | 5.3x |
| Fri, 22 Aug 2025 | €106.1b | €22.8b | €1.8b | 97.2x | 58.4x | 4.6x |
| Sun, 20 Jul 2025 | €119.0b | €22.2b | €1.7b | 114.8x | 70.7x | 5.4x |
| Tue, 17 Jun 2025 | €111.9b | €22.2b | €1.7b | 106.2x | 66.5x | 5x |
| Thu, 15 May 2025 | €99.8b | €22.2b | €1.7b | 84.7x | 59.3x | 4.5x |
| Sat, 12 Apr 2025 | €82.7b | €20.9b | €1.6b | 44.6x | 52.8x | 4x |
| Mon, 10 Mar 2025 | €75.5b | €20.0b | €1.5b | 28.6x | 49.6x | 3.8x |
| Wed, 05 Feb 2025 | €57.2b | €19.4b | €1.5b | 25x | 38.4x | 2.9x |
| Fri, 03 Jan 2025 | €48.8b | €19.4b | €1.5b | 24.4x | 32.7x | 2.5x |
| Sun, 01 Dec 2024 | €49.9b | €19.4b | €1.5b | 24.5x | 33.4x | 2.6x |
| Tue, 29 Oct 2024 | €42.8b | €18.6b | €1.5b | 23.3x | 28.8x | 2.3x |
| Thu, 26 Sep 2024 | €41.1b | €17.3b | €706.1m | 26.3x | 58.2x | 2.4x |
| Sat, 24 Aug 2024 | €42.8b | €17.3b | €707.4m | 28.3x | 60.5x | 2.5x |
| Mon, 22 Jul 2024 | €39.9b | €16.2b | €612.4m | 30.1x | 65.2x | 2.5x |
| Wed, 19 Jun 2024 | €38.6b | €16.2b | €612.4m | 29.1x | 63x | 2.4x |
| Fri, 17 May 2024 | €40.8b | €16.2b | €539.1m | 28.9x | 75.6x | 2.5x |
| Sun, 14 Apr 2024 | €41.3b | €15.8b | €503.4m | 35.5x | 82x | 2.6x |
| Tue, 12 Mar 2024 | €35.3b | €15.5b | €445.1m | 33.5x | 79.3x | 2.3x |
| Thu, 08 Feb 2024 | €30.8b | €15.3b | €349.1m | 28.4x | 88.4x | 2x |
| Sat, 06 Jan 2024 | €28.0b | €15.3b | €349.1m | 27x | 80.2x | 1.8x |
| Mon, 04 Dec 2023 | €26.4b | €15.3b | €349.1m | 25.7x | 75.5x | 1.7x |
| Wed, 01 Nov 2023 | €25.4b | €14.9b | €328.6m | 23.9x | 77.2x | 1.7x |
| Fri, 29 Sep 2023 | €24.4b | €15.7b | €988.6m | 22.5x | 24.6x | 1.6x |
| Sun, 27 Aug 2023 | €25.9b | €15.7b | €988.1m | 22.6x | 26.3x | 1.7x |
| Tue, 25 Jul 2023 | €27.9b | €15.0b | €849.1m | 23.9x | 32.8x | 1.9x |
| Thu, 22 Jun 2023 | €28.2b | €15.0b | €849.1m | 24.2x | 33.2x | 1.9x |
33.2x
Which industries have driven the changes within the German Industrials industry?
| DE Market | -0.16% | |
| Industrials | -0.89% | |
| Aerospace & Defense | 0.91% | |
| Aerospace and Defense | 0.91% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTX MTU Aero Engines | €312.00 | 3.3% +€532.5m | -10.5% | PE16.9x | |
| RHM Rheinmetall | €1.21k | 0.5% +€269.9m | -31.5% | PE53.4x | |
| Y73 Scandinavian Astor Group | €1.58 | 0.6% +€591.3k | -59.0% | PE20.3x |