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German (DAX) Construction Machinery and Vehicles Industry Analysis

UpdatedJul 12, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.5%
  • 3M-3.7%
  • 1Y-2.1%
  • YTDn/a

Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 4.5%, driven by Daimler Truck Holding declining 4.9%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Jul 2026€83.0b€121.7b€3.8b27.2x21.8x0.7x
Tue, 09 Jun 2026€82.3b€121.7b€3.8b27x21.6x0.7x
Thu, 07 May 2026€86.8b€121.5b€3.8b30.2x22.9x0.7x
Sat, 04 Apr 2026€82.9b€123.4b€4.5b24.7x18.6x0.7x
Mon, 02 Mar 2026€91.9b€128.7b€5.1b28.1x18x0.7x
Wed, 28 Jan 2026€86.1b€128.7b€5.1b27.3x16.7x0.7x
Fri, 26 Dec 2025€81.7b€128.7b€5.1b25.6x15.9x0.6x
Sun, 23 Nov 2025€75.8b€128.7b€5.3b23x14.4x0.6x
Tue, 21 Oct 2025€75.2b€131.5b€5.7b28.4x13.1x0.6x
Thu, 18 Sep 2025€80.2b€131.5b€5.7b30.3x14x0.6x
Sat, 16 Aug 2025€85.2b€131.5b€5.8b29.6x14.8x0.6x
Mon, 14 Jul 2025€84.7b€132.5b€6.5b28.5x12.9x0.6x
Wed, 11 Jun 2025€80.0b€132.5b€6.5b24.3x12.2x0.6x
Fri, 09 May 2025€76.0b€133.3b€6.6b22.4x11.5x0.6x
Sun, 06 Apr 2025€67.6b€134.6b€7.1b17.3x9.5x0.5x
Tue, 04 Mar 2025€81.8b€135.7b€7.3b16.6x11.3x0.6x
Thu, 30 Jan 2025€72.7b€135.8b€7.4b15.5x9.9x0.5x
Sat, 28 Dec 2024€66.2b€135.8b€7.4b14.7x9x0.5x
Mon, 25 Nov 2024€66.7b€135.8b€7.4b14x9x0.5x
Wed, 23 Oct 2024€70.3b€136.4b€7.8b13.7x9.1x0.5x
Fri, 20 Sep 2024€66.6b€136.4b€7.8b13.4x8.6x0.5x
Sun, 18 Aug 2024€66.1b€136.4b€7.8b10.2x8.5x0.5x
Tue, 16 Jul 2024€72.2b€137.2b€8.1b11.7x9x0.5x
Thu, 13 Jun 2024€73.1b€137.2b€8.1b12.7x9.1x0.5x
Sat, 11 May 2024€78.4b€137.2b€8.1b12.9x9.7x0.6x
Mon, 08 Apr 2024€82.7b€136.5b€7.8b13.6x10.6x0.6x
Wed, 06 Mar 2024€75.0b€135.3b€7.8b10.4x9.7x0.6x
Fri, 02 Feb 2024€59.8b€134.0b€7.0b9.8x8.5x0.4x
Sun, 31 Dec 2023€59.4b€134.0b€7.0b10.1x8.5x0.4x
Tue, 28 Nov 2023€53.0b€134.0b€7.0b9.2x7.6x0.4x
Thu, 26 Oct 2023€52.0b€132.4b€6.2b8.9x8.4x0.4x
Sat, 23 Sep 2023€57.6b€132.4b€6.2b9.7x9.4x0.4x
Mon, 21 Aug 2023€58.0b€132.4b€6.2b9.6x9.4x0.4x
Wed, 19 Jul 2023€59.3b€127.6b€5.7b11.5x10.4x0.5x
Price to Earnings Ratio

10.4x


Total Market Cap: €59.3bTotal Earnings: €5.7bTotal Revenue: €127.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German Construction Machinery and Vehicles Industry Price to Earnings3Y Average 12x202420252026
Current Industry PE
  • Investors are optimistic on the German Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.8x which is higher than its 3-year average PE of 12.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 12% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does German Construction Machinery and Vehicles compare with similar industries?

DE Market-2.52%
Industrials-5.36%
Machinery-4.14%
Construction Machinery and Vehicles-4.51%
Industrial Machinery-3.25%
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
DEZ DEUTZ€9.270.8%
+€10.7m		16.8%PE16.6x

Latest News

DEZ
€9.27
DEUTZ
7D
0.8%
1Y
16.8%
R3NK
€43.46
RENK Group
7D
-7.1%
1Y
-39.6%
Narrative Update • Jul 11

R3NK: Defence Acquisition And 2026 Revenue Outlook Will Support Bullish Thesis

Analysts have trimmed their price target for RENK Group to about €53.62 from roughly €56.24, linking the change to updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What’s in the News for RENK Group RENK Group AG, via its subsidiary RENK GmbH, agreed to acquire UK based David Brown Defence, a specialist in high precision gearboxes for naval and land defense sectors, from Stellex Capital Management, subject to regulatory approvals, with completion targeted for Q4 2026.
8TRA
€34.70
Traton
7D
-1.3%
1Y
15.8%
Narrative Update • Jul 10

8TRA: Margin Upside And Cash Generation Will Support Higher Future Earnings Multiples

Analysts have nudged their price expectations for Traton higher, reflected in a modest uptick in the fair value estimate alongside recent increases in Street targets. Barclays moved to €40 and Citi lifted its target by €4.70, supported by slightly revised assumptions for discount rate, revenue growth, profit margin, and future P/E.
WAC
€19.18
Wacker Neuson
7D
-2.4%
1Y
-23.4%
Narrative Update • Jul 09

WAC: Higher Future P/E And 2026 Guidance Will Support Re Rating

Analysts have raised their price target for Wacker Neuson from €26.00 to €30.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and a higher future P/E multiple. What’s in the News for Wacker Neuson Wacker Neuson SE held its Annual General Meeting on May 13, 2026, where shareholders approved an amendment to the Articles of Incorporation to allow for the issuance of electronic shares.
DTG
€41.87
Daimler Truck Holding
7D
-4.9%
1Y
1.3%
KGX
€40.96
KION GROUP
7D
-5.6%
1Y
-24.0%
Narrative Update • Jul 09

KGX: AI Automation And Cost Efficiency Program Will Drive Future Repricing Potential

The analyst fair value estimate for KION GROUP has moved from €71 to €76. The shift is supported by recent price target increases from several banks and a generally more positive stance from analysts, who see an attractive entry point in the warehouse automation business despite prior concerns around industrial production and cost inflation.
KBX
€101.70
Knorr-Bremse
7D
-6.5%
1Y
19.3%
Narrative Update • Jun 30

KBX: Raised Fair Value Estimate And 2026 Guidance Confirmation Should Support Upside

Knorr-Bremse's updated analyst fair value estimate has moved from €129.0 to €133.0, supported by recent Street research that raised price targets to €108, €116 and €123 as analysts highlight the stock's pricing relative to their views on its quality. Analyst Commentary Recent Street research on Knorr-Bremse shows a cluster of higher fair value opinions, with price targets ranging from €108 to €123.
JST
€53.80
JOST Werke
7D
-3.2%
1Y
-3.6%
Narrative Update • Jun 22

JST: 2026 Revenue Guidance And Higher P/E Assumptions Will Support Upside

Analysts have adjusted their price target for JOST Werke slightly from €75.50 to €75.00, citing updated assumptions for revenue growth, profit margins, and the future P/E multiple in their valuation models. What Is in the News for JOST Werke JOST Werke SE confirmed earnings guidance for the 2026 fiscal year, indicating that Group revenue is expected to change by a single-digit percentage compared with 2025 revenue of €1,534.2 million.
VOS
€63.35
Vossloh
7D
-9.4%
1Y
-29.5%