Narrative Update • Jul 14

Over the last 7 days, the Steel industry has risen 2.3%, driven by gains from thyssenkrupp of 2.0%. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 53% per annum.
Has the German Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Jul 2026 | €12.0b | €47.3b | €114.7m | 69.5x | 104.5x | 0.3x |
| Sat, 20 Jun 2026 | €10.9b | €47.3b | €114.7m | 66.5x | 94.9x | 0.2x |
| Mon, 18 May 2026 | €11.1b | €47.3b | €113.9m | 69.9x | 97.1x | 0.2x |
| Wed, 15 Apr 2026 | €8.4b | €41.2b | €181.5m | 18x | 46x | 0.2x |
| Fri, 13 Mar 2026 | €8.0b | €41.3b | €55.5m | 18x | 144.1x | 0.2x |
| Sun, 08 Feb 2026 | €10.4b | €42.0b | €357.5m | 9.8x | 29.1x | 0.2x |
| Tue, 06 Jan 2026 | €9.0b | €42.0b | €273.0m | 28.2x | 33.1x | 0.2x |
| Thu, 04 Dec 2025 | €7.8b | €42.5b | -€1,426,024,000.00 | 39.6x | -5.4x | 0.2x |
| Sat, 01 Nov 2025 | €7.5b | €42.8b | -€1,647,024,000.00 | 38.7x | -4.5x | 0.2x |
| Mon, 29 Sep 2025 | €9.0b | €42.8b | -€1,647,024,000.00 | 33.4x | -5.5x | 0.2x |
| Wed, 27 Aug 2025 | €7.2b | €45.3b | -€1,844,024,000.00 | 32.5x | -3.9x | 0.2x |
| Fri, 25 Jul 2025 | €8.4b | €46.4b | -€1,599,724,000.00 | 34x | -5.2x | 0.2x |
| Sun, 22 Jun 2025 | €6.9b | €46.4b | -€1,599,724,000.00 | 33.6x | -4.3x | 0.1x |
| Tue, 20 May 2025 | €6.7b | €43.9b | -€1,402,578,000.00 | 41.9x | -4.8x | 0.2x |
| Thu, 17 Apr 2025 | €7.3b | €44.7b | -€1,586,878,000.00 | 30.9x | -4.6x | 0.2x |
| Sat, 15 Mar 2025 | €7.0b | €44.8b | -€1,426,778,000.00 | 26.4x | -4.9x | 0.2x |
| Mon, 10 Feb 2025 | €4.1b | €45.2b | -€1,689,778,000.00 | 26.2x | -2.4x | 0.09x |
| Wed, 08 Jan 2025 | €3.6b | €45.2b | -€1,687,159,000.00 | 18.5x | -2.1x | 0.08x |
| Fri, 06 Dec 2024 | €3.6b | €45.2b | -€1,687,159,000.00 | 20.3x | -2.2x | 0.08x |
| Sun, 03 Nov 2024 | €2.9b | €45.2b | -€2,422,159,000.00 | 27.2x | -1.2x | 0.06x |
| Tue, 01 Oct 2024 | €3.2b | €45.2b | -€2,422,159,000.00 | 28.6x | -1.3x | 0.07x |
| Thu, 29 Aug 2024 | €3.0b | €45.2b | -€2,422,159,000.00 | 27.9x | -1.2x | 0.07x |
| Sat, 27 Jul 2024 | €3.3b | €46.1b | -€2,232,159,000.00 | 13.8x | -1.5x | 0.07x |
| Mon, 24 Jun 2024 | €3.8b | €46.1b | -€2,232,159,000.00 | 13.9x | -1.7x | 0.08x |
| Wed, 22 May 2024 | €4.4b | €46.1b | -€2,232,159,000.00 | 16.5x | -2x | 0.09x |
| Fri, 19 Apr 2024 | €4.3b | €47.5b | -€2,250,262,000.00 | 11.1x | -1.9x | 0.09x |
| Sun, 17 Mar 2024 | €4.4b | €48.2b | -€2,250,262,000.00 | 12.2x | -1.9x | 0.09x |
| Tue, 13 Feb 2024 | €5.1b | €48.7b | -€1,731,162,000.00 | 10.7x | -2.9x | 0.1x |
| Thu, 11 Jan 2024 | €5.5b | €48.7b | -€1,733,241,000.00 | 12.9x | -3.2x | 0.1x |
| Sat, 09 Dec 2023 | €5.7b | €48.7b | -€1,733,241,000.00 | 13x | -3.3x | 0.1x |
| Mon, 06 Nov 2023 | €5.9b | €51.0b | €826.9m | 13.1x | 7.1x | 0.1x |
| Wed, 04 Oct 2023 | €6.0b | €51.0b | €826.9m | 13.1x | 7.2x | 0.1x |
| Fri, 01 Sep 2023 | €6.1b | €51.0b | €826.9m | 13.6x | 7.4x | 0.1x |
| Sun, 30 Jul 2023 | €6.3b | €52.8b | €1.2b | 14x | 5.4x | 0.1x |
5.4x
How does German Steel compare with similar industries?
| DE Market | 0.098% | |
| Materials | 0.29% | |
| Metals and Mining | 0.81% | |
| Steel | 1.00% | |
| Gold | 10.00% | |
| Copper | 0.62% | |
| Precious Metals and Minerals | 0% | 0 |
| Diversified Metals and Mining | -5.33% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TKA thyssenkrupp | €12.20 | 2.0% +€146.3m | 9.4% | PE843.5x | |
| EIS Eisen- und Hüttenwerke | €14.40 | 3.6% +€8.8m | -7.7% | PE2.7x |