German (DAX) Communications Equipment Industry Analysis

Industry Valuation and Performance

Has the German Communications Equipment Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE
Sat, 02 Jul 2022	€1.1b	€1.0b	€78.9m	14.5x
Mon, 30 May 2022	€1.2b	€1.0b	€78.9m	14.7x
Wed, 27 Apr 2022	€1.2b	€1.0b	€77.5m	16.7x
Fri, 25 Mar 2022	€1.1b	€1.0b	€76.0m	14.1x
Sun, 20 Feb 2022	€1.1b	€1.0b	€71.7m	14x
Tue, 18 Jan 2022	€1.0b	€1.0b	€71.5m	13.1x
Thu, 16 Dec 2021	€991.5m	€1.0b	€71.5m	12x
Sat, 13 Nov 2021	€1.0b	€1.0b	€70.4m	12.2x
Mon, 11 Oct 2021	€957.1m	€1.0b	€58.6m	13.9x
Wed, 08 Sep 2021	€1.0b	€1.0b	€58.4m	14.6x
Fri, 06 Aug 2021	€980.8m	€1.0b	€52.8m	13.5x
Mon, 10 May 2021	€800.0m	€1.0b	€48.8m	11.8x
Sun, 31 Jan 2021	€657.4m	€758.6m	€35.1m	10.1x
Wed, 04 Nov 2020	€522.1m	€775.7m	€24.7m	14.2x
Sat, 08 Aug 2020	€604.5m	€1.0b	€20.1m	12.1x
Fri, 01 May 2020	€498.3m	€1.0b	€20.2m	5x
Mon, 03 Feb 2020	€606.8m	€1.0b	€31.1m	5x
Thu, 07 Nov 2019	€581.5m	€1.3b	€17.1m	9.1x
Wed, 31 Jul 2019	€618.4m	€1.3b	€14.5m	14.3x

Median PE Ratio

14x

Tue, 09 Jul 2019

Current Industry PE

Investors are pessimistic on the 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 14.4x which is lower than its 3-year average PE of 21.6x.

The 3-year average PS ratio of 0.76x is lower than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Communications Equipment industry have grown 76% per year over the last three years.
Meanwhile revenues for these companies have declined 6.8% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does German Communications Equipment compare with similar industries?


DE Market	-2.53%
Tech	-5.87%
Communications	0.35%
Communications Equipment	0.35%

Industry PEThere is insufficient data on the sub-industries of this industry.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Company	Last Price	7D	1Y	Valuation
ADV ADVA Optical Networking	€16.20	1.3% +€10.3m	32.6%	PE15.4x
CEK CeoTronics	€4.84	6.4% +€1.9m	30.8%	PE13.6x
CFC UET United Electronic Technology	€0.92	5.1% +€685.8k	1.7%	PS0.4x

Company

Last Price

Valuation

ADV ADVA Optical Networking

€16.20

1.3%
+€10.3m

32.6%

PE15.4x

CEK CeoTronics

€4.84

6.4%
+€1.9m

30.8%

PE13.6x

CFC UET United Electronic Technology

€0.92

5.1%
+€685.8k

1.7%

PS0.4x

ADVA Unveils Market’s First High-Performance Optical Cesium Clock

ADVA achieved an industry first with the introduction of its Oscilloquartz high-performance optical cesium atomic clock. The coreSync OSA 3300-HP is ADVA’s latest innovation in assured PNT, ushering in a new age of precise synchronization with unprecedented stability. Following ADVA’s launch of the first optical pumping timing solution two years ago, the OSA 3350 ePRC+, the OSA 3300-HP takes the technology to new levels. It has a 10-year lifetime compared to the five years offered by currently available high-performance magnetic clocks. As the market’s only high-performance optical cesium clock, the OSA 3300-HP sets a new benchmark for precision and availability, providing the resilience required for PNT assurance in critical infrastructure and empowering service providers to deliver differentiated SLA timing offerings with integrated GNSS backup. The feature-rich device has embedded Ethernet- and IP-based management as well as a user-friendly touchscreen GUI. Atomic clocks offer the ultimate synchronization backup for networks that rely on GNSS-based timing, combining high accuracy with outstanding availability. Offering performance that far exceeds best-in-class magnetic cesium devices, the OSA 3300-HP is the industry’s first commercial high-performance optical cesium atomic clock. Featuring an all-digital design, it leverages optical-pumping techniques using laser diodes. This enables it to measure 100 times the number of atoms, making it radically more efficient compared to existing primary reference clock (PRC) technologies. Its product lifespan is 100% longer than competing high-performance magnetic cesium clocks; the OSA 3300-HP delivers optimum stability for over 10 years. What’s more, further to the launch of the OSA 3300-HP, ADVA is also announcing a dual-purpose enhancement of its OSA 3350 ePRC+. Now, as well as providing phase holdover as part of ePRTC systems, it can be utilized as a free-running frequency source with enhanced standard performance.

German (DAX) Communications Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

FEW

Upcoming dividend of €1.00 per share

ADV

ADVA Unveils Market’s First High-Performance Optical Cesium Clock

CEK

Investor sentiment deteriorated over the past week

GGS

Consensus EPS estimates increase by 45%

CFC

United Electronic Technology Provides Earnings Guidance for the Fiscal Year 2021

V33

New 90-day high: €0.38