GFT Technologies (ETR:GFT) Shareholders Will Want The ROCE Trajectory To Continue
Dec 07
Have your own idea? Try our Stock Screener
German (DAX) IT Consulting Industry Analysis
UpdatedDec 10, 2024
DataAggregated Company Financials
Companies24
- 7D3.9%
- 3M1.7%
- 1Y-15.9%
- YTDn/a
The IT Consulting industry is up 2.0% in the last week, with Bechtle up 4.6%. In contrast, the industry has lost 17% in the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the German IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 10 Dec 2024 | €10.7b | €15.6b | €566.3m | 18.8x | 18.9x | 0.7x |
| Thu, 07 Nov 2024 | €10.1b | €15.4b | €563.1m | 16.7x | 18x | 0.7x |
| Sat, 05 Oct 2024 | €11.5b | €15.4b | €565.1m | 19.9x | 20.3x | 0.7x |
| Mon, 02 Sep 2024 | €11.2b | €15.0b | €569.1m | 18.8x | 19.8x | 0.7x |
| Wed, 31 Jul 2024 | €12.2b | €15.1b | €561.9m | 19.2x | 21.7x | 0.8x |
| Fri, 28 Jun 2024 | €12.7b | €15.1b | €558.6m | 21.1x | 22.7x | 0.8x |
| Sun, 26 May 2024 | €13.5b | €15.1b | €559.3m | 20.5x | 24.1x | 0.9x |
| Tue, 23 Apr 2024 | €12.8b | €14.8b | €561.7m | 21.1x | 22.7x | 0.9x |
| Thu, 21 Mar 2024 | €13.2b | €14.6b | €485.7m | 23x | 27.2x | 0.9x |
| Sat, 17 Feb 2024 | €13.9b | €14.5b | €491.8m | 23.6x | 28.4x | 1x |
| Mon, 15 Jan 2024 | €13.3b | €14.5b | €496.9m | 22.1x | 26.8x | 0.9x |
| Wed, 13 Dec 2023 | €12.8b | €14.6b | €500.4m | 21.7x | 25.6x | 0.9x |
| Fri, 10 Nov 2023 | €13.1b | €14.4b | €511.8m | 20.6x | 25.6x | 0.9x |
| Sun, 08 Oct 2023 | €12.8b | €14.4b | €494.8m | 20x | 25.8x | 0.9x |
| Tue, 05 Sep 2023 | €13.3b | €14.4b | €495.4m | 18.7x | 26.8x | 0.9x |
| Thu, 03 Aug 2023 | €12.5b | €14.1b | €522.7m | 17.9x | 24x | 0.9x |
| Sat, 01 Jul 2023 | €12.4b | €14.1b | €524.4m | 17.9x | 23.7x | 0.9x |
| Mon, 29 May 2023 | €12.6b | €14.1b | €528.8m | 19.7x | 23.9x | 0.9x |
| Wed, 26 Apr 2023 | €13.6b | €13.7b | €525.5m | 22.4x | 25.8x | 1x |
| Fri, 24 Mar 2023 | €14.3b | €13.8b | €602.5m | 22.1x | 23.7x | 1x |
| Sun, 19 Feb 2023 | €14.8b | €13.5b | €594.1m | 24.7x | 24.9x | 1.1x |
| Tue, 17 Jan 2023 | €14.0b | €13.5b | €592.4m | 25x | 23.6x | 1x |
| Thu, 15 Dec 2022 | €13.3b | €13.5b | €593.9m | 23.9x | 22.5x | 1x |
| Sat, 12 Nov 2022 | €13.1b | €13.0b | €583.8m | 22.8x | 22.4x | 1x |
| Mon, 10 Oct 2022 | €11.9b | €13.0b | €586.1m | 19.8x | 20.4x | 0.9x |
| Wed, 07 Sep 2022 | €13.0b | €13.0b | €586.2m | 22.5x | 22.2x | 1x |
| Fri, 05 Aug 2022 | €15.9b | €12.6b | €566.4m | 27.6x | 28x | 1.3x |
| Sun, 03 Jul 2022 | €14.1b | €12.5b | €566.3m | 25.1x | 24.9x | 1.1x |
| Tue, 31 May 2022 | €16.4b | €12.5b | €563.4m | 29x | 29.1x | 1.3x |
| Thu, 28 Apr 2022 | €17.2b | €12.1b | €533.4m | 28.4x | 32.3x | 1.4x |
| Sat, 26 Mar 2022 | €19.3b | €12.5b | €554.5m | 30.3x | 34.7x | 1.5x |
| Mon, 21 Feb 2022 | €17.0b | €13.3b | €549.8m | 31.3x | 30.9x | 1.3x |
| Wed, 19 Jan 2022 | €18.9b | €13.3b | €545.8m | 36.4x | 34.7x | 1.4x |
| Fri, 17 Dec 2021 | €20.5b | €13.3b | €546.1m | 34x | 37.5x | 1.5x |
Price to Earnings Ratio
37.5x
Current Industry PE
- Investors are pessimistic on the German IT Consulting and Other Services 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 18.8x which is lower than its 3-year average PE of 25.4x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.6% 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 Comparison
How does German IT Consulting compare with similar industries?
| DE Market | 2.07% | |
| Tech | 4.35% | |
| IT | 3.84% | |
| IT Consulting | 3.87% | |
| Internet Services and Infrastructure | 1.04% | |
| Data Processing Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BC8 Bechtle | €32.48 | 4.8% +€189.0m | -24.3% | PE16.4x | |
| GFT GFT Technologies | €23.90 | 11.9% +€67.1m | -20.5% | PE13.3x | |
| COK Cancom | €24.30 | 6.6% +€47.3m | -10.8% | PE19x | |
| YSN secunet Security Networks | €113.40 | 6.8% +€46.6m | -20.9% | PE26.5x | |
| ADN1 adesso | €93.00 | 7.5% +€42.2m | -2.3% | PE131.7x |
