Header cover image

German (DAX) IT Industry Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies33
  • 7D-2.1%
  • 3M-0.9%
  • 1Y-3.8%
  • YTD3.5%

Over the last 7 days, the IT industry has dropped 2.1%, driven by Bechtle declining 4.8%. The industry has fallen 3.8% in the last year. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the German IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023€13.2b€14.8b€462.4m21x28.5x0.9x
Wed, 01 Nov 2023€12.1b€14.6b€461.0m19.7x26.3x0.8x
Fri, 29 Sep 2023€12.7b€14.6b€458.4m18.5x27.8x0.9x
Sun, 27 Aug 2023€13.2b€14.1b€445.7m18.8x29.7x0.9x
Tue, 25 Jul 2023€12.5b€14.3b€487.8m18x25.7x0.9x
Thu, 22 Jun 2023€12.8b€14.3b€486.9m19x26.3x0.9x
Sat, 20 May 2023€13.0b€14.0b€498.3m20.4x26.2x0.9x
Mon, 17 Apr 2023€14.3b€13.7b€486.7m22x29.4x1x
Wed, 15 Mar 2023€14.1b€13.8b€579.4m22.9x24.3x1x
Fri, 10 Feb 2023€15.0b€13.7b€579.0m25.5x25.8x1.1x
Sun, 08 Jan 2023€13.2b€13.7b€576.6m23.3x22.8x1x
Tue, 06 Dec 2022€9.0b€8.0b€334.4m23.5x26.9x1.1x
Thu, 03 Nov 2022€12.3b€13.2b€592.2m20.5x20.7x0.9x
Sat, 01 Oct 2022€12.2b€13.2b€594.4m19.2x20.4x0.9x
Mon, 29 Aug 2022€13.8b€13.2b€592.4m22.4x23.4x1x
Wed, 27 Jul 2022€14.8b€12.8b€572.9m23.8x25.8x1.2x
Fri, 24 Jun 2022€14.6b€12.8b€573.6m24.9x25.4x1.1x
Sun, 22 May 2022€10.8b€7.4b€331.9m26.9x32.5x1.5x
Tue, 19 Apr 2022€17.8b€12.3b€541.5m28.6x32.8x1.4x
Thu, 17 Mar 2022€18.5b€13.6b€568.9m26.9x32.5x1.4x
Sat, 12 Feb 2022€17.9b€13.5b€560.9m29.7x31.8x1.3x
Mon, 10 Jan 2022€20.5b€13.5b€560.6m35.4x36.5x1.5x
Wed, 08 Dec 2021€21.1b€13.5b€561.5m32.9x37.5x1.6x
Fri, 05 Nov 2021€23.1b€13.2b€491.1m37x47x1.8x
Sun, 03 Oct 2021€19.8b€13.2b€489.4m35.9x40.4x1.5x
Tue, 31 Aug 2021€20.5b€15.8b€970.6m37.1x21.1x1.3x
Wed, 07 Jul 2021€17.5b€15.8b€970.6m35x18x1.1x
Sat, 10 Apr 2021€16.4b€15.4b€913.0m33.1x17.9x1.1x
Fri, 01 Jan 2021€16.2b€15.1b€877.7m31.6x18.5x1.1x
Price to Earnings Ratio

20.3x


Total Market Cap: €15.9bTotal Earnings: €787.0mTotal Revenue: €14.2bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Industry Price to Earnings3Y Average 26.7x202120222023
Current Industry PE
  • Investors are relatively neutral on the German IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 26.7x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 16% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

DE Market1.41%
Tech3.83%
IT-2.11%
Internet Services and Infrastructure2.93%
Data Processing Services0%
IT Consulting-2.14%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 30.4x.
    • Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings decline of 11.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 97% over the next 5 years.
  • This is better than its past earnings decline of 40% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 18% 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
IOS IONOS Group€14.161.9%
+€36.4m
n/aPE13.5x
NA9 Nagarro€83.453.2%
+€35.0m
-27.2%PE20.7x
GFT GFT Technologies€32.501.8%
+€15.3m
-10.2%PE18.1x
AEIN Allgeier€21.505.4%
+€12.6m
-34.7%PE20.8x
AMI medondo holding€0.7364.8%
+€4.4m
-58.5%n/a
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

SANT

€20.86

Kontron

7D

-6.5%

1Y

26.5%

IOS

€14.16

IONOS Group

7D

1.9%

1Y

n/a

COK

€25.74

Cancom

7D

-5.4%

1Y

-16.4%

D6H

€52.70

DATAGROUP

7D

-1.5%

1Y

-24.0%

YSN

€139.60

secunet Security Networks

7D

-1.3%

1Y

-35.4%

QBY

€0.61

q.beyond

7D

5.9%

1Y

-22.1%

GFT

€32.50

GFT Technologies

7D

1.8%

1Y

-10.2%

ADN1

€96.70

adesso

7D

-1.1%

1Y

-28.1%

AEIN

€21.50

Allgeier

7D

5.4%

1Y

-34.7%

SHF

€43.30

SNP Schneider-Neureither & Partner

7D

0.7%

1Y

82.3%

AMI

€0.73

medondo holding

7D

64.8%

1Y

-58.5%

KSC

€1.29

KPS

7D

-1.2%

1Y

-60.0%

3IT

€12.70

audius

7D

-3.8%

1Y

-27.8%