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German (DAX) Tech Sector Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies114
- 7D-0.5%
- 3M14.9%
- 1Y25.9%
- YTD9.1%
The Tech industry is up 2.5% in the last week, with Infineon Technologies up 3.2%. This means that the industry has gained 29% over the past year. Looking forward, earnings are forecast to grow by 20% annually.
Sector Valuation and Performance
Has the German Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 05 Jul 2025 | €394.0b | €79.6b | €7.9b | 27.1x | 49.9x | 4.9x |
| Mon, 02 Jun 2025 | €406.0b | €80.8b | €7.8b | 25.9x | 52.3x | 5x |
| Wed, 30 Apr 2025 | €384.0b | €81.0b | €8.1b | 20.3x | 47.4x | 4.7x |
| Fri, 28 Mar 2025 | €378.8b | €79.6b | €5.5b | 18.9x | 68.8x | 4.8x |
| Sun, 23 Feb 2025 | €415.4b | €79.6b | €5.5b | 16.8x | 74.9x | 5.2x |
| Tue, 21 Jan 2025 | €387.5b | €78.7b | €5.5b | 19.1x | 70x | 4.9x |
| Thu, 19 Dec 2024 | €366.6b | €78.9b | €5.5b | 19.5x | 66.3x | 4.6x |
| Sat, 16 Nov 2024 | €335.1b | €79.1b | €5.6b | 18.8x | 59.4x | 4.2x |
| Mon, 14 Oct 2024 | €327.1b | €78.4b | €5.8b | 18.7x | 56.2x | 4.2x |
| Wed, 11 Sep 2024 | €304.6b | €78.4b | €5.8b | 18.6x | 52.3x | 3.9x |
| Fri, 09 Aug 2024 | €305.8b | €79.5b | €5.9b | 19.1x | 52.1x | 3.8x |
| Sun, 07 Jul 2024 | €312.9b | €78.1b | €6.5b | 19.7x | 48.3x | 4x |
| Tue, 04 Jun 2024 | €291.4b | €78.6b | €6.3b | 18.8x | 46x | 3.7x |
| Thu, 02 May 2024 | €289.4b | €79.5b | €6.9b | 17x | 41.9x | 3.6x |
| Sat, 30 Mar 2024 | €303.4b | €78.7b | €8.1b | 19.3x | 37.6x | 3.9x |
| Mon, 26 Feb 2024 | €294.0b | €78.1b | €8.3b | 17.9x | 35.3x | 3.8x |
| Wed, 24 Jan 2024 | €274.6b | €80.7b | €6.7b | 19.6x | 41.2x | 3.4x |
| Fri, 22 Dec 2023 | €264.1b | €80.4b | €6.7b | 19.8x | 39.5x | 3.3x |
| Sun, 19 Nov 2023 | €256.6b | €80.3b | €6.7b | 19.7x | 38.4x | 3.2x |
| Tue, 17 Oct 2023 | €233.5b | €79.3b | €6.2b | 20.2x | 37.5x | 2.9x |
| Thu, 14 Sep 2023 | €241.2b | €79.4b | €6.3b | 21x | 38.5x | 3x |
| Sat, 12 Aug 2023 | €242.6b | €78.9b | €6.2b | 21x | 38.8x | 3.1x |
| Mon, 10 Jul 2023 | €240.7b | €77.4b | €6.0b | 21.7x | 40.2x | 3.1x |
| Wed, 07 Jun 2023 | €244.2b | €77.8b | €6.3b | 22.1x | 38.7x | 3.1x |
| Fri, 05 May 2023 | €238.1b | €76.3b | €6.0b | 23x | 39.8x | 3.1x |
| Sun, 02 Apr 2023 | €237.8b | €75.4b | €6.6b | 24.7x | 35.9x | 3.2x |
| Tue, 28 Feb 2023 | €221.3b | €74.9b | €6.6b | 24.9x | 33.5x | 3x |
| Thu, 26 Jan 2023 | €215.6b | €73.5b | €7.3b | 25.8x | 29.5x | 2.9x |
| Sat, 24 Dec 2022 | €196.6b | €73.4b | €7.3b | 23.3x | 26.9x | 2.7x |
| Mon, 21 Nov 2022 | €206.5b | €73.2b | €7.3b | 22.2x | 28.3x | 2.8x |
| Wed, 19 Oct 2022 | €179.3b | €70.3b | €7.7b | 19.7x | 23.2x | 2.6x |
| Fri, 16 Sep 2022 | €176.5b | €70.1b | €7.7b | 20.5x | 23x | 2.5x |
| Sun, 14 Aug 2022 | €197.6b | €69.5b | €7.4b | 23.4x | 26.7x | 2.8x |
| Tue, 12 Jul 2022 | €181.2b | €67.3b | €8.1b | 21.8x | 22.4x | 2.7x |
Price to Earnings Ratio
22.4x
Current Industry PE
- Investors are optimistic on the German Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.9x which is higher than its 3-year average PE of 43.0x.
- The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Tech sector?
| DE Market | -0.78% | |
| Tech | -0.52% | |
| Semiconductors | 2.95% | |
| Communications | -0.45% | |
| Electronic Equipment and Components | -0.50% | |
| Software | -0.99% | |
| IT | -2.25% | |
| Tech Hardware | -16.57% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry, which is trading close to its 3-year average PE ratio of 60.8x.
- Analysts are expecting annual earnings growth of 47.2%, which is higher than its past year's earnings decline of 55.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 104% over the next 5 years.
- In contrast, the IT industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IFX Infineon Technologies | €36.80 | 3.2% +€1.5b | 2.9% | PE38.7x | |
| AIXA AIXTRON | €16.43 | 4.2% +€73.8m | -26.1% | PE18.4x | |
| SANT Kontron | €25.50 | 3.8% +€57.7m | 27.0% | PE17.1x | |
| S92 SMA Solar Technology | €23.62 | 7.6% +€57.6m | -16.2% | PS0.5x | |
| ELG Elmos Semiconductor | €91.50 | 3.3% +€49.7m | 20.4% | PE12.8x |
