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German (DAX) Tech Sector Analysis

UpdatedJan 23, 2025
DataAggregated Company Financials
Companies117
  • 7D3.5%
  • 3M16.6%
  • 1Y39.3%
  • YTD9.2%

Over the last 7 days, the Tech industry has risen 4.1%, driven by gains from SAP of 3.8%. In the last 12 months, the industry was up 45%. Earnings are forecast to grow by 37% annually.

Sector Valuation and Performance

Has the German Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Jan 2025€388.8b€78.7b€5.5b19x70.2x4.9x
Sat, 21 Dec 2024€358.8b€78.9b€5.5b19.2x64.9x4.5x
Mon, 18 Nov 2024€335.7b€79.3b€5.6b19.3x59.6x4.2x
Wed, 16 Oct 2024€328.4b€78.4b€5.8b19x56.4x4.2x
Fri, 13 Sep 2024€313.6b€78.4b€5.8b18.6x53.8x4x
Sun, 11 Aug 2024€307.8b€79.5b€5.8b18.9x52.7x3.9x
Tue, 09 Jul 2024€311.0b€78.1b€6.5b19.7x48x4x
Thu, 06 Jun 2024€296.2b€78.6b€6.3b19.2x47.3x3.8x
Sat, 04 May 2024€288.5b€79.5b€6.9b17.2x41.6x3.6x
Mon, 01 Apr 2024€303.3b€78.8b€8.1b19.4x37.6x3.9x
Wed, 28 Feb 2024€301.6b€78.1b€8.3b18.5x36.2x3.9x
Fri, 26 Jan 2024€288.6b€79.7b€8.4b20.3x34.4x3.6x
Sun, 24 Dec 2023€264.3b€80.5b€6.7b20.1x39.6x3.3x
Tue, 21 Nov 2023€260.5b€80.3b€6.7b19.7x38.9x3.2x
Thu, 19 Oct 2023€230.7b€79.3b€6.2b20.2x37x2.9x
Sat, 16 Sep 2023€243.0b€79.4b€6.3b20.8x38.8x3.1x
Mon, 14 Aug 2023€242.5b€79.2b€6.3b19x38.5x3.1x
Wed, 12 Jul 2023€243.6b€77.5b€6.0b21.4x40.6x3.1x
Fri, 09 Jun 2023€245.7b€77.7b€6.3b21.7x38.9x3.2x
Sun, 07 May 2023€239.4b€77.2b€6.3b23.6x37.7x3.1x
Tue, 04 Apr 2023€235.8b€75.4b€6.6b25x35.6x3.1x
Thu, 02 Mar 2023€219.8b€74.9b€6.6b24.9x33.3x2.9x
Sat, 28 Jan 2023€217.8b€73.5b€7.3b25.8x29.8x3x
Mon, 26 Dec 2022€196.6b€73.4b€7.3b23.3x26.9x2.7x
Wed, 23 Nov 2022€206.0b€73.2b€7.3b22.8x28.2x2.8x
Fri, 21 Oct 2022€180.0b€70.3b€7.7b20.5x23.3x2.6x
Sun, 18 Sep 2022€173.7b€70.1b€7.7b21.1x22.6x2.5x
Tue, 16 Aug 2022€197.4b€69.8b€7.4b23.4x26.7x2.8x
Thu, 14 Jul 2022€178.7b€67.4b€8.1b21.7x22.1x2.7x
Sat, 11 Jun 2022€192.1b€67.4b€7.9b24.9x24.4x2.9x
Mon, 09 May 2022€197.7b€66.2b€7.6b23.4x26.1x3x
Wed, 06 Apr 2022€220.9b€65.0b€7.8b25.9x28.3x3.4x
Fri, 04 Mar 2022€214.8b€66.4b€7.8b25.4x27.4x3.2x
Sun, 30 Jan 2022€236.4b€65.1b€8.1b28.5x29.3x3.6x
Price to Earnings Ratio

29.3x


Total Market Cap: €236.4bTotal Earnings: €8.1bTotal Revenue: €65.1bTotal Market Cap vs Earnings and Revenue0%0%0%
German Tech Sector Price to Earnings3Y Average 37.9x202320242025
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 70.2x which is higher than its 3-year average PE of 37.9x.
  • The 3-year average PS ratio of 3.3x 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 declined 12% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.5% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Tech sector?

DE Market2.27%
Tech3.49%
Software3.74%
Semiconductors2.56%
IT2.07%
Tech Hardware0.55%
Electronic Equipment and Components0.15%
Communications-0.013%
Industry PE
  • Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 62.3x.
    • Analysts are expecting annual earnings growth of 40.5%, which is higher than its past year's earnings growth of 10.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 106% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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