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German (DAX) Construction Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies9
  • 7D-0.06%
  • 3M44.1%
  • 1Y134.1%
  • YTD126.5%

The Construction is pretty flat in the last 7 days, but thyssenkrupp nucera KGaA has stood out, gaining 10%. The past year has been better, since the industry has gained 134% in that time. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the German Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025€26.3b€40.7b€859.2m29.2x30.6x0.6x
Sat, 22 Nov 2025€21.6b€40.8b€870.2m24.8x24.8x0.5x
Mon, 20 Oct 2025€20.6b€40.0b€838.7m27x24.6x0.5x
Wed, 17 Sep 2025€19.0b€40.0b€838.7m27x22.7x0.5x
Fri, 15 Aug 2025€18.2b€40.0b€839.0m29.6x21.6x0.5x
Sun, 13 Jul 2025€14.8b€38.5b€981.2m30.7x15x0.4x
Tue, 10 Jun 2025€14.0b€38.5b€984.5m22.5x14.2x0.4x
Thu, 08 May 2025€13.6b€35.9b€799.9m29.8x17x0.4x
Sat, 05 Apr 2025€11.8b€35.9b€799.9m28.9x14.8x0.3x
Mon, 03 Mar 2025€12.6b€35.9b€799.9m27.8x15.8x0.4x
Wed, 29 Jan 2025€11.6b€33.6b€738.1m27.9x15.8x0.3x
Fri, 27 Dec 2024€11.2b€33.8b€733.2m30.1x15.3x0.3x
Sun, 24 Nov 2024€10.0b€33.7b€727.9m32x13.8x0.3x
Tue, 22 Oct 2024€10.2b€32.1b€704.2m37.6x14.5x0.3x
Thu, 19 Sep 2024€9.5b€32.1b€704.0m45.4x13.4x0.3x
Sat, 17 Aug 2024€9.4b€32.1b€704.0m44.4x13.4x0.3x
Mon, 15 Jul 2024€9.7b€31.0b€431.0m61.6x22.5x0.3x
Wed, 12 Jun 2024€8.9b€31.0b€431.0m66.1x20.7x0.3x
Fri, 10 May 2024€9.6b€30.4b€435.7m56x22.1x0.3x
Sun, 07 Apr 2024€9.7b€30.4b€435.7m57.7x22.2x0.3x
Tue, 05 Mar 2024€10.2b€30.4b€435.7m63.6x23.4x0.3x
Thu, 01 Feb 2024€10.0b€31.8b€334.4m50.3x29.9x0.3x
Sat, 30 Dec 2023€10.4b€31.8b€334.1m59.2x31.3x0.3x
Mon, 27 Nov 2023€10.3b€31.7b€328.6m70.3x31.2x0.3x
Wed, 25 Oct 2023€9.5b€31.6b€324.9m62.3x29.3x0.3x
Fri, 22 Sep 2023€10.6b€31.6b€328.2m14.7x32.2x0.3x
Sun, 20 Aug 2023€10.5b€31.5b€331.9m14x31.7x0.3x
Tue, 18 Jul 2023€9.5b€31.3b€330.4m11.7x28.8x0.3x
Thu, 15 Jun 2023€6.5b€29.0b€408.2m8.6x15.9x0.2x
Sat, 13 May 2023€6.2b€28.6b€406.7m6.4x15.3x0.2x
Mon, 10 Apr 2023€6.5b€28.3b€396.4m6.1x16.4x0.2x
Wed, 08 Mar 2023€5.6b€28.2b€512.4m6.8x10.9x0.2x
Fri, 03 Feb 2023€4.9b€26.9b€304.1m7.1x16.2x0.2x
Sun, 01 Jan 2023€4.3b€26.9b€304.1m6.4x14.1x0.2x
Price to Earnings Ratio

14.1x


Total Market Cap: €4.3bTotal Earnings: €304.1mTotal Revenue: €26.9bTotal Market Cap vs Earnings and Revenue0%0%0%
German Construction Industry Price to Earnings3Y Average 20.6x202320242025
Current Industry PE
  • Investors are optimistic on the German Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.6x which is higher than its 3-year average PE of 20.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 15% 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 industry?

DE Market0.36%
Industrials0.20%
Construction-0.063%
Construction and Engineering-0.063%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HOT HOCHTIEF€331.200.06%
+€15.0m
157.3%PE29.2x
M4N Give€1.503.4%
+€690.0k
4.2%PS2x
A62 IGP Advantag€0.003100.0%
+€41.6k
200.0%n/a

Latest News

HOT: Expanded Lithium Exposure Will Likely Cap Future Share Price Upside

Analysts have raised their price target on HOCHTIEF by approximately €17 to about €285, citing slightly lower perceived risk, stronger expected revenue growth, modestly improved profit margins, and a marginally higher future earnings multiple. What's in the News HOCHTIEF, through its Sedgman unit and HOCHTIEF Infrastructure, has been appointed EPCM contractor for Vulcan Energy’s Lionheart Project, covering both a EUR 397 million Lithium Extraction Plant and a EUR 337 million Central Lithium Plant, reinforcing its role in critical minerals infrastructure (Key Developments) HOCHTIEF has agreed to invest EUR 169 million in Vulcan Energy, including EUR 39 million in the Lionheart Project and up to EUR 130 million via a share subscription, becoming a cornerstone investor in the sustainable lithium and renewable energy business (Key Developments) The company has been named preferred supplier for the Lionheart Project’s civil construction works, strengthening its integrated presence across the energy transition value chain (Key Developments) HOCHTIEF raised its 2025 operational net profit guidance to a range of EUR 750 to 780 million, from a previous range of EUR 680 to 730 million, indicating a targeted 20 to 25 percent year-on-year increase, with the company citing very strong profit momentum at the Turner segment and an expected acceleration in Q4 2025 (Key Developments) Valuation Changes Fair Value Estimate has risen slightly from approximately €267.84 to about €284.71 per share, reflecting a modest uplift in the underlying valuation.