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German (DAX) IT Industry Analysis

UpdatedMar 29, 2026
DataAggregated Company Financials
Companies27
  • 7D0.1%
  • 3M-22.5%
  • 1Y-16.2%
  • YTD-22.7%

Over the last 7 days, the IT industry has remained flat, although notably Bechtle gained 5.9%. As for the longer term, the industry has declined 16% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Mar 2026€12.7b€17.1b€745.6m26.7x17x0.7x
Tue, 24 Feb 2026€13.9b€17.4b€736.0m27.1x18.8x0.8x
Thu, 22 Jan 2026€16.2b€17.4b€743.1m26.2x21.7x0.9x
Sat, 20 Dec 2025€16.3b€17.5b€744.4m25.4x21.9x0.9x
Mon, 17 Nov 2025€15.7b€17.4b€754.5m23.5x20.8x0.9x
Wed, 15 Oct 2025€16.0b€17.4b€736.8m22x21.7x0.9x
Fri, 12 Sep 2025€16.7b€17.4b€735.5m24.9x22.7x1x
Sun, 10 Aug 2025€17.9b€17.5b€741.8m26.8x24.1x1x
Tue, 08 Jul 2025€17.6b€17.3b€684.2m27.8x25.7x1x
Thu, 05 Jun 2025€18.3b€17.3b€684.1m28.1x26.7x1.1x
Sat, 03 May 2025€16.5b€16.7b€696.0m23.6x23.7x1x
Mon, 31 Mar 2025€15.7b€17.0b€717.8m19.1x21.8x0.9x
Wed, 26 Feb 2025€11.4b€15.8b€547.3m19.4x20.9x0.7x
Fri, 24 Jan 2025€10.6b€15.8b€562.0m18.8x18.9x0.7x
Sun, 22 Dec 2024€10.5b€15.8b€562.0m18.3x18.7x0.7x
Tue, 19 Nov 2024€10.8b€15.8b€559.6m18.9x19.4x0.7x
Thu, 17 Oct 2024€11.3b€15.5b€551.7m20x20.4x0.7x
Sat, 14 Sep 2024€11.1b€15.5b€563.0m18.4x19.7x0.7x
Mon, 12 Aug 2024€11.6b€15.4b€555.5m19x20.9x0.8x
Wed, 10 Jul 2024€12.3b€15.3b€546.1m19.3x22.6x0.8x
Fri, 07 Jun 2024€13.5b€15.3b€545.4m20.7x24.7x0.9x
Sun, 05 May 2024€13.2b€15.0b€547.5m18.8x24x0.9x
Tue, 02 Apr 2024€13.6b€15.0b€487.8m22.2x27.9x0.9x
Thu, 29 Feb 2024€13.7b€14.7b€455.0m22.9x30.2x0.9x
Sat, 27 Jan 2024€14.2b€14.8b€458.7m22.7x31x1x
Mon, 25 Dec 2023€13.5b€14.9b€464.3m21.4x29x0.9x
Wed, 22 Nov 2023€13.5b€14.9b€458.2m21.3x29.5x0.9x
Fri, 20 Oct 2023€12.5b€14.6b€457.9m19.3x27.3x0.9x
Sun, 17 Sep 2023€13.2b€14.6b€453.8m21.3x29x0.9x
Tue, 15 Aug 2023€13.5b€14.5b€481.8m17.6x27.9x0.9x
Thu, 13 Jul 2023€12.5b€14.3b€487.8m18.1x25.7x0.9x
Sat, 10 Jun 2023€12.6b€14.3b€491.9m18.5x25.7x0.9x
Mon, 08 May 2023€14.1b€14.0b€500.1m21.3x28.3x1x
Wed, 05 Apr 2023€14.2b€13.8b€497.4m21.4x28.5x1x
Price to Earnings Ratio

28.5x


Total Market Cap: €14.2bTotal Earnings: €497.4mTotal Revenue: €13.8bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Industry Price to Earnings3Y Average 24.1x202420252026
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 17.0x which is lower than its 3-year average PE of 24.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 7.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

DE Market-0.53%
Tech-5.23%
IT0.095%
IT Consulting1.29%
Data Processing Services0%0
Internet Services and Infrastructure-3.11%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 23.1x.
    • Analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings decline of 14.2% per year.
  • Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.3x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 22% 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?

CompanyLast Price7D1YValuation
BC8 Bechtle€27.285.9%
+€191.5m
-22.9%PE15x
COK Cancom€23.1010.0%
+€59.5m
-12.6%PE23.8x
D6H DATAGROUP€74.001.4%
+€8.3m
82.3%PE28x
AEIN Allgeier€16.302.2%
+€4.0m
-18.1%PE105.2x
A1OS All for One Group€32.402.2%
+€3.3m
-42.6%PE20.4x

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