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German (DAX) IT Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies27
- 7D-0.8%
- 3M-6.4%
- 1Y-19.3%
- YTD-19.3%
Last week, the IT industry hasn't moved much but DATAGROUP is up 15% in that time. As for the longer term, the industry has declined 19% in the last year. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the German IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | €10.7b | €15.8b | €555.2m | 18.1x | 19.2x | 0.7x |
| Tue, 22 Oct 2024 | €11.2b | €15.5b | €551.7m | 19.4x | 20.3x | 0.7x |
| Thu, 19 Sep 2024 | €11.1b | €15.5b | €563.0m | 18.7x | 19.7x | 0.7x |
| Sat, 17 Aug 2024 | €11.5b | €15.2b | €558.0m | 18.7x | 20.6x | 0.8x |
| Mon, 15 Jul 2024 | €12.4b | €15.3b | €546.1m | 20.1x | 22.7x | 0.8x |
| Wed, 12 Jun 2024 | €13.4b | €15.3b | €545.4m | 20.7x | 24.6x | 0.9x |
| Fri, 10 May 2024 | €13.0b | €15.0b | €547.3m | 20.6x | 23.7x | 0.9x |
| Sun, 07 Apr 2024 | €13.6b | €15.0b | €546.8m | 21x | 25x | 0.9x |
| Tue, 05 Mar 2024 | €13.9b | €14.7b | €454.9m | 23.4x | 30.6x | 0.9x |
| Thu, 01 Feb 2024 | €14.0b | €14.8b | €458.7m | 23x | 30.5x | 0.9x |
| Sat, 30 Dec 2023 | €13.6b | €14.9b | €464.3m | 21.6x | 29.3x | 0.9x |
| Mon, 27 Nov 2023 | €13.4b | €14.8b | €462.3m | 21.8x | 29.1x | 0.9x |
| Wed, 25 Oct 2023 | €12.5b | €14.6b | €457.9m | 19.4x | 27.3x | 0.9x |
| Fri, 22 Sep 2023 | €12.9b | €14.6b | €458.4m | 19.4x | 28.1x | 0.9x |
| Sun, 20 Aug 2023 | €13.2b | €14.6b | €458.6m | 19.4x | 28.8x | 0.9x |
| Tue, 18 Jul 2023 | €12.7b | €14.3b | €487.8m | 18.1x | 26.1x | 0.9x |
| Thu, 15 Jun 2023 | €13.2b | €14.3b | €487.3m | 20x | 27.1x | 0.9x |
| Sat, 13 May 2023 | €13.2b | €14.0b | €501.8m | 20.1x | 26.3x | 0.9x |
| Mon, 10 Apr 2023 | €13.9b | €13.9b | €496.0m | 21.3x | 28.1x | 1x |
| Wed, 08 Mar 2023 | €14.5b | €13.8b | €579.4m | 23.7x | 25x | 1.1x |
| Fri, 03 Feb 2023 | €15.5b | €13.7b | €579.0m | 25.8x | 26.7x | 1.1x |
| Sun, 01 Jan 2023 | €12.6b | €13.7b | €576.6m | 22.4x | 21.9x | 0.9x |
| Tue, 29 Nov 2022 | €13.3b | €13.5b | €583.2m | 22.7x | 22.7x | 1x |
| Thu, 27 Oct 2022 | €13.0b | €13.2b | €594.1m | 19.5x | 21.9x | 1x |
| Sat, 24 Sep 2022 | €12.0b | €13.2b | €594.4m | 19.6x | 20.3x | 0.9x |
| Mon, 22 Aug 2022 | €15.0b | €13.2b | €584.4m | 25.4x | 25.7x | 1.1x |
| Wed, 20 Jul 2022 | €13.8b | €12.8b | €574.3m | 22.9x | 24.1x | 1.1x |
| Fri, 17 Jun 2022 | €14.2b | €12.8b | €573.6m | 24.6x | 24.8x | 1.1x |
| Sun, 15 May 2022 | €15.9b | €12.6b | €573.8m | 24.3x | 27.6x | 1.3x |
| Tue, 12 Apr 2022 | €17.9b | €12.3b | €541.5m | 28.1x | 33.1x | 1.5x |
| Thu, 10 Mar 2022 | €17.2b | €13.6b | €568.3m | 26.9x | 30.3x | 1.3x |
| Sat, 05 Feb 2022 | €18.8b | €13.5b | €560.9m | 30.8x | 33.6x | 1.4x |
| Mon, 03 Jan 2022 | €22.2b | €13.5b | €560.6m | 34.2x | 39.6x | 1.6x |
| Wed, 01 Dec 2021 | €21.8b | €13.5b | €561.9m | 32.9x | 38.8x | 1.6x |
Price to Earnings Ratio
38.8x
Current Industry PE
- Investors are pessimistic on the German IT 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 19.2x which is lower than its 3-year average PE of 26.6x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the IT industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.4% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | -0.022% | |
| Tech | 2.80% | |
| IT | -0.77% | |
| Data Processing Services | 0% | |
| IT Consulting | -0.75% | |
| Internet Services and Infrastructure | -2.70% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 25.7x.
- Analysts are expecting annual earnings growth of 14.0%, which is lower than the prior year's growth of 16.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 118% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| D6H DATAGROUP | €44.35 | 14.9% +€47.9m | -17.6% | PE14.1x | |
| YSN secunet Security Networks | €107.40 | 6.5% +€42.7m | -26.6% | PE25.1x | |
| ADN1 adesso | €88.00 | 2.1% +€11.7m | -11.5% | PE124.9x | |
| NA9 Nagarro | €93.85 | 0.9% +€11.3m | 14.5% | PE23x | |
| A1OS All for One Group | €54.00 | 3.8% +€9.8m | 27.1% | PE18.1x |
