Header cover image

German (DAX) Tech Sector Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies117
  • 7D-1.3%
  • 3M20.9%
  • 1Y44.0%
  • YTD15.2%

The Tech industry has stayed flat over the last week. As for the the longer term, the industry is up 49% over the past 12 months. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025€417.2b€79.6b€5.5b18.9x75.3x5.2x
Sun, 19 Jan 2025€387.2b€78.7b€5.5b19.1x69.9x4.9x
Tue, 17 Dec 2024€365.7b€78.9b€5.5b19.6x66.2x4.6x
Thu, 14 Nov 2024€337.0b€79.2b€5.7b18.1x59.5x4.3x
Sat, 12 Oct 2024€327.1b€78.4b€5.8b18.7x56.2x4.2x
Mon, 09 Sep 2024€302.9b€78.4b€5.8b18.6x52x3.9x
Wed, 07 Aug 2024€301.4b€79.3b€5.9b18.9x51.3x3.8x
Fri, 05 Jul 2024€308.8b€78.1b€6.5b19.7x47.7x4x
Sun, 02 Jun 2024€288.0b€78.6b€6.3b18.8x45.5x3.7x
Tue, 30 Apr 2024€291.5b€79.4b€6.9b17.8x42.2x3.7x
Thu, 28 Mar 2024€305.5b€78.5b€8.1b19.1x37.8x3.9x
Sat, 24 Feb 2024€294.0b€78.1b€8.3b17.9x35.3x3.8x
Mon, 22 Jan 2024€272.1b€80.7b€6.7b19.5x40.8x3.4x
Wed, 20 Dec 2023€268.3b€80.4b€6.7b19.6x40.1x3.3x
Fri, 17 Nov 2023€256.4b€80.3b€6.7b19.6x38.5x3.2x
Sun, 15 Oct 2023€233.6b€79.3b€6.2b20.2x37.5x2.9x
Tue, 12 Sep 2023€244.5b€79.4b€6.3b20.6x39x3.1x
Thu, 10 Aug 2023€240.8b€78.9b€6.2b20.1x38.5x3.1x
Sat, 08 Jul 2023€240.8b€77.4b€6.0b21.7x40.2x3.1x
Mon, 05 Jun 2023€245.3b€77.8b€6.3b22.9x38.7x3.2x
Wed, 03 May 2023€239.4b€76.3b€6.0b23.3x40.1x3.1x
Fri, 31 Mar 2023€236.7b€74.0b€6.6b25.3x36x3.2x
Sun, 26 Feb 2023€218.8b€74.9b€6.6b24.5x33.1x2.9x
Tue, 24 Jan 2023€217.9b€73.5b€7.3b25.8x29.8x3x
Thu, 22 Dec 2022€201.2b€73.4b€7.3b23.3x27.5x2.7x
Sat, 19 Nov 2022€206.6b€73.2b€7.3b22.4x28.3x2.8x
Mon, 17 Oct 2022€174.1b€70.3b€7.7b19.5x22.5x2.5x
Wed, 14 Sep 2022€184.4b€70.1b€7.7b21.6x24x2.6x
Fri, 12 Aug 2022€196.9b€69.4b€7.4b23.9x26.6x2.8x
Sun, 10 Jul 2022€184.0b€67.3b€8.1b22.3x22.8x2.7x
Tue, 07 Jun 2022€203.2b€67.4b€7.9b25.4x25.8x3x
Thu, 05 May 2022€201.5b€66.1b€7.5b25x26.7x3.1x
Sat, 02 Apr 2022€219.1b€64.9b€7.8b25.9x28x3.4x
Mon, 28 Feb 2022€220.8b€66.4b€7.8b26.1x28.2x3.3x
Price to Earnings Ratio

28.2x


Total Market Cap: €220.8bTotal Earnings: €7.8bTotal Revenue: €66.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Tech Sector Price to Earnings3Y Average 39.1x202320242025
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 76.0x which is higher than its 3-year average PE of 39.0x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% 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 Market-1.32%
Tech-1.27%
Tech Hardware8.96%
Semiconductors2.64%
Communications0.99%
IT0.53%
Electronic Equipment and Components-0.65%
Software-1.98%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 50.4x.
    • Analysts are expecting annual earnings growth of 48.7%, which is higher than its past year's earnings decline of 17.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 105% over the next 5 years.
  • This is better than its past earnings decline of 8.2% per year.
  • In contrast, the IT 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?

CompanyLast Price7D1YValuation
IFX Infineon Technologies€38.662.7%
+€1.3b
15.0%PE36x
IOS IONOS Group€23.903.2%
+€104.4m
14.6%PE22.7x
SANT Kontron€20.926.5%
+€78.1m
-0.4%PE15.2x
BC8 Bechtle€33.401.6%
+€68.0m
-31.4%PE16.8x
WAF Siltronic€47.164.8%
+€64.8m
-45.7%PE14.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SAP

€274.95

SAP

7D

-1.9%

1Y

64.4%

S92

€15.32

SMA Solar Technology

7D

7.7%

1Y

-68.8%

NB2

€45.35

Northern Data

7D

-3.3%

1Y

78.5%

TMV

€12.36

TeamViewer

7D

-1.6%

1Y

-13.3%

IFX

€38.66

Infineon Technologies

7D

2.7%

1Y

15.0%

NEM

€117.50

Nemetschek

7D

-4.7%

1Y

33.2%

WAF

€47.16

Siltronic

7D

4.8%

1Y

-45.7%

A1OS

€55.20

All for One Group

7D

-7.1%

1Y

1.5%

SIS

€57.60

First Sensor

7D

4.3%

1Y

2.1%

SANT

€20.92

Kontron

7D

6.5%

1Y

-0.4%

JY0

€58.50

ParTec

7D

10.4%

1Y

-67.5%

BKHT

€22.70

Brockhaus Technologies

7D

-9.9%

1Y

9.1%