Does Infineon Technologies (ETR:IFX) Have A Healthy Balance Sheet?
Nov 26
German (DAX) Tech Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies127
- 7D0.5%
- 3M20.0%
- 1Y-17.8%
- YTD-22.5%
Over the last 7 days, the Tech industry has remained flat. As for the longer term, the industry has declined 18% in the last year. Earnings are forecast to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | €207.5b | €73.3b | €7.3b | 24.2x | 28.4x | 2.8x |
| Wed, 26 Oct 2022 | €191.9b | €70.3b | €7.7b | 19.9x | 24.8x | 2.7x |
| Fri, 23 Sep 2022 | €169.5b | €70.1b | €7.7b | 20.5x | 22x | 2.4x |
| Sun, 21 Aug 2022 | €191.7b | €69.9b | €7.4b | 23.6x | 25.9x | 2.7x |
| Tue, 19 Jul 2022 | €179.2b | €67.4b | €8.1b | 21.2x | 22.2x | 2.7x |
| Thu, 16 Jun 2022 | €186.7b | €67.4b | €7.9b | 23.1x | 23.7x | 2.8x |
| Sat, 14 May 2022 | €202.2b | €67.0b | €7.9b | 22.6x | 25.7x | 3x |
| Mon, 11 Apr 2022 | €214.6b | €65.0b | €7.8b | 26x | 27.5x | 3.3x |
| Wed, 09 Mar 2022 | €203.1b | €66.4b | €7.8b | 24.4x | 26x | 3.1x |
| Fri, 04 Feb 2022 | €239.1b | €65.6b | €7.6b | 28.6x | 31.5x | 3.6x |
| Sun, 02 Jan 2022 | €277.4b | €65.1b | €8.1b | 31.6x | 34.2x | 4.3x |
| Tue, 30 Nov 2021 | €265.5b | €65.4b | €8.1b | 31.2x | 32.9x | 4.1x |
| Thu, 28 Oct 2021 | €277.7b | €65.9b | €7.7b | 34.5x | 35.9x | 4.2x |
| Sat, 25 Sep 2021 | €272.9b | €65.2b | €7.8b | 34.5x | 34.8x | 4.2x |
| Mon, 23 Aug 2021 | €267.0b | €67.5b | €8.2b | 34.1x | 32.6x | 4x |
| Sat, 10 Jul 2021 | €252.7b | €67.5b | €8.2b | 29.4x | 30.9x | 3.7x |
| Fri, 02 Apr 2021 | €228.9b | €65.4b | €7.4b | 31.2x | 31.1x | 3.5x |
| Mon, 04 Jan 2021 | €226.6b | €64.2b | €7.0b | 31.2x | 32.4x | 3.5x |
| Thu, 08 Oct 2020 | €241.7b | €62.9b | €6.5b | 29.2x | 37x | 3.8x |
| Wed, 01 Jul 2020 | €226.6b | €62.8b | €6.3b | 29.7x | 36x | 3.6x |
| Sat, 04 Apr 2020 | €189.8b | €62.4b | €6.5b | 19.6x | 29.3x | 3x |
| Tue, 07 Jan 2020 | €225.9b | €61.7b | €5.7b | 26.3x | 39.4x | 3.7x |
Price to Earnings Ratio
39.1x
Current Industry PE
- Investors are pessimistic on the German Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 28.4x which is lower than its 3-year average PE of 32.0x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 8.8% per year over the last three years.
- Revenues for these companies have grown 6.5% 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 Tech sector?
| DE Market | 0.51% | |
| Tech | 0.47% | |
| Communications | 5.46% | |
| Electronic Equipment and Components | 1.15% | |
| Software | 1.03% | |
| IT | 0.13% | |
| Semiconductors | -1.00% | |
| Tech Hardware | -4.59% | |
Industry PE
- Investors are most optimistic about the Tech Hardware industry even though it's trading below its 3-year average PE ratio of 46.1x.
- Analysts are expecting annual earnings growth of 90.3%, which is higher than its past year's earnings decline of 7.5% per year.
- Investors are most pessimistic about the Communications industry, which is trading below its 3-year average of 18.9x.
Forecasted Growth
- Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 90% over the next 5 years.
- This is better than its past earnings decline of 7.5% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| SAP SAP | €106.02 | 0.8% +€959.7m | -8.0% | PE37x | |
| TMV TeamViewer | €12.41 | 13.2% +€255.7m | 0.5% | PE30.8x | |
| NEM Nemetschek | €47.89 | 1.9% +€102.8m | -54.0% | PE33.4x | |
| AIXA AIXTRON | €30.02 | 2.8% +€90.9m | 66.9% | PE33x | |
| SOW Software | €25.86 | 3.7% +€68.1m | -31.9% | PE39.2x |
