Narrative Update • May 21

Over the last 7 days, the Electrical industry has remained flat, although notably 2G Energy gained 28%. The past year has been better, since the industry has gained 96% in that time. Earnings are forecast to grow by 27% annually.
Has the German Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 May 2026 | €185.0b | €52.7b | €2.5b | 34.1x | 73x | 3.5x |
| Sat, 25 Apr 2026 | €195.9b | €51.5b | €2.1b | 35.7x | 92.5x | 3.8x |
| Mon, 23 Mar 2026 | €150.9b | €51.7b | €1.9b | 39.1x | 80x | 2.9x |
| Wed, 18 Feb 2026 | €166.6b | €51.4b | €1.6b | 55.1x | 101.9x | 3.2x |
| Fri, 16 Jan 2026 | €135.7b | €50.6b | €1.1b | 49.8x | 118.7x | 2.7x |
| Sun, 14 Dec 2025 | €127.2b | €50.6b | €1.1b | 53.7x | 111.3x | 2.5x |
| Tue, 11 Nov 2025 | €115.6b | €49.7b | €749.2m | 44.6x | 154.3x | 2.3x |
| Thu, 09 Oct 2025 | €117.7b | €48.2b | €926.5m | 53x | 127x | 2.4x |
| Sat, 06 Sep 2025 | €92.7b | €48.2b | €875.3m | 47x | 105.9x | 1.9x |
| Mon, 04 Aug 2025 | €102.7b | €47.2b | €193.5m | 43.5x | 530.8x | 2.2x |
| Wed, 02 Jul 2025 | €90.4b | €47.1b | €150.0m | 42.9x | 602.7x | 1.9x |
| Fri, 30 May 2025 | €80.1b | €47.1b | €150.0m | 43.2x | 533.8x | 1.7x |
| Sun, 27 Apr 2025 | €65.7b | €45.3b | -€222,013,009.00 | 34.9x | -296.1x | 1.5x |
| Tue, 25 Mar 2025 | €60.0b | €45.3b | -€143,516,146.00 | 28x | -418.3x | 1.3x |
| Thu, 20 Feb 2025 | €61.2b | €45.9b | -€277,646,146.00 | 18.3x | -220.3x | 1.3x |
| Sat, 18 Jan 2025 | €52.0b | €44.7b | €1.1b | 24.8x | 48.1x | 1.2x |
| Mon, 16 Dec 2024 | €49.5b | €44.7b | €1.1b | 23.5x | 45.7x | 1.1x |
| Wed, 13 Nov 2024 | €41.1b | €43.5b | €482.0m | 20.4x | 85.4x | 0.9x |
| Fri, 11 Oct 2024 | €38.7b | €43.5b | €473.6m | 18.2x | 81.7x | 0.9x |
| Sun, 08 Sep 2024 | €25.5b | €43.5b | €414.0m | 12.5x | 61.5x | 0.6x |
| Tue, 06 Aug 2024 | €25.3b | €42.2b | -€2,434,689,508.00 | 16.1x | -10.4x | 0.6x |
| Thu, 04 Jul 2024 | €27.5b | €41.9b | -€2,519,274,508.00 | 17.8x | -10.9x | 0.7x |
| Sat, 01 Jun 2024 | €27.6b | €42.0b | -€2,654,372,804.00 | 19.4x | -10.4x | 0.7x |
| Mon, 29 Apr 2024 | €27.0b | €41.4b | -€3,060,543,772.00 | 20.8x | -8.8x | 0.7x |
| Wed, 27 Mar 2024 | €20.5b | €41.4b | -€3,163,108,230.00 | 21.2x | -6.5x | 0.5x |
| Fri, 23 Feb 2024 | €22.8b | €41.2b | -€3,297,072,230.00 | 20.5x | -6.9x | 0.6x |
| Sun, 21 Jan 2024 | €21.2b | €40.7b | -€5,375,590,582.00 | 19.9x | -3.9x | 0.5x |
| Tue, 19 Dec 2023 | €21.3b | €40.7b | -€5,375,590,582.00 | 20.6x | -4x | 0.5x |
| Thu, 16 Nov 2023 | €21.2b | €41.3b | -€4,220,089,394.00 | 20.7x | -5x | 0.5x |
| Sat, 14 Oct 2023 | €21.3b | €41.4b | -€4,126,857,394.00 | 20.5x | -5.2x | 0.5x |
| Mon, 11 Sep 2023 | €22.2b | €41.4b | -€4,127,050,076.00 | 23.5x | -5.4x | 0.5x |
| Wed, 09 Aug 2023 | €24.3b | €41.0b | -€1,483,988,306.00 | 25.4x | -16.4x | 0.6x |
| Fri, 07 Jul 2023 | €24.6b | €40.7b | -€1,472,786,306.00 | 28.4x | -16.7x | 0.6x |
| Sun, 04 Jun 2023 | €32.0b | €40.7b | -€1,481,643,033.00 | 31.8x | -21.6x | 0.8x |
-21.6x
Which industries have driven the changes within the German Industrials industry?
| DE Market | 1.63% | |
| Industrials | 1.74% | |
| Electrical | 0.15% | |
| Electrical Components | 1.96% | |
| Heavy Electrical Equipment | -0.11% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2GB 2G Energy | €69.15 | 28.4% +€274.5m | 122.7% | PE50.6x | |
| S92 SMA Solar Technology | €67.45 | 9.2% +€197.8m | 228.7% | PS1.5x | |
| 1AST ASTA Energy Solutions | €74.80 | 10.7% +€102.5m | n/a | PE35.4x | |
| ENR Siemens Energy | €174.36 | 0.02% +€34.2m | 103.4% | PE67x | |
| F3C SFC Energy | €24.30 | 8.5% +€33.1m | 10.2% | PS3x |