Cancom's (ETR:COK) Soft Earnings Don't Show The Whole Picture
Apr 03
Have your own idea? Try our Stock Screener
- 7D6.1%
- 3M-21.8%
- 1Y-10.1%
- YTDn/a
Over the last 7 days, the IT Consulting industry has risen 6.1%, driven by gains from Bechtle of 7.6%. In contrast, the industry has lost 10% in the last 12 months. Looking forward, earnings are forecast to grow by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | €9.9b | €15.7b | €547.8m | 24.2x | 18.1x | 0.6x |
| Sun, 01 Mar 2026 | €10.8b | €15.6b | €515.3m | 27.4x | 21x | 0.7x |
| Tue, 27 Jan 2026 | €13.0b | €15.6b | €522.4m | 26.7x | 24.9x | 0.8x |
| Thu, 25 Dec 2025 | €12.5b | €15.7b | €523.6m | 25.3x | 23.8x | 0.8x |
| Sat, 22 Nov 2025 | €11.6b | €15.6b | €532.0m | 22.5x | 21.8x | 0.7x |
| Mon, 20 Oct 2025 | €11.1b | €15.5b | €528.8m | 21.4x | 20.9x | 0.7x |
| Wed, 17 Sep 2025 | €11.3b | €15.5b | €527.3m | 21.8x | 21.5x | 0.7x |
| Fri, 15 Aug 2025 | €11.8b | €15.5b | €535.0m | 23.6x | 22.1x | 0.8x |
| Sun, 13 Jul 2025 | €12.2b | €15.5b | €502.0m | 21.8x | 24.4x | 0.8x |
| Tue, 10 Jun 2025 | €12.2b | €15.5b | €501.9m | 22.2x | 24.3x | 0.8x |
| Thu, 08 May 2025 | €12.0b | €15.4b | €543.4m | 22.1x | 22.1x | 0.8x |
| Sat, 05 Apr 2025 | €11.1b | €15.3b | €546.0m | 17.3x | 20.2x | 0.7x |
| Mon, 03 Mar 2025 | €11.0b | €15.6b | €555.2m | 18x | 19.8x | 0.7x |
| Wed, 29 Jan 2025 | €10.5b | €15.6b | €569.9m | 18.1x | 18.5x | 0.7x |
| Fri, 27 Dec 2024 | €10.5b | €15.6b | €569.9m | 16.9x | 18.4x | 0.7x |
| Sun, 24 Nov 2024 | €10.6b | €15.6b | €564.0m | 18.1x | 18.7x | 0.7x |
| Tue, 22 Oct 2024 | €11.1b | €15.4b | €562.8m | 19.4x | 19.7x | 0.7x |
| Thu, 19 Sep 2024 | €11.0b | €15.3b | €574.1m | 18.3x | 19.1x | 0.7x |
| Sat, 17 Aug 2024 | €11.4b | €15.0b | €569.2m | 18.4x | 20x | 0.8x |
| Mon, 15 Jul 2024 | €12.3b | €15.1b | €559.3m | 19.3x | 22x | 0.8x |
| Wed, 12 Jun 2024 | €13.3b | €15.1b | €558.6m | 21.3x | 23.8x | 0.9x |
| Fri, 10 May 2024 | €12.9b | €14.8b | €564.4m | 20.8x | 22.8x | 0.9x |
| Sun, 07 Apr 2024 | €13.6b | €14.8b | €564.0m | 22.1x | 24.1x | 0.9x |
| Tue, 05 Mar 2024 | €13.8b | €14.5b | €490.5m | 23.5x | 28.2x | 1x |
| Thu, 01 Feb 2024 | €13.9b | €14.5b | €496.8m | 23.4x | 28x | 1x |
| Sat, 30 Dec 2023 | €13.5b | €14.6b | €502.3m | 21.7x | 26.9x | 0.9x |
| Mon, 27 Nov 2023 | €13.4b | €14.6b | €500.3m | 22.3x | 26.7x | 0.9x |
| Wed, 25 Oct 2023 | €12.4b | €14.4b | €494.8m | 19.6x | 25.1x | 0.9x |
| Fri, 22 Sep 2023 | €12.8b | €14.4b | €495.3m | 20.3x | 25.8x | 0.9x |
| Sun, 20 Aug 2023 | €13.1b | €14.4b | €495.5m | 19.5x | 26.5x | 0.9x |
| Tue, 18 Jul 2023 | €12.7b | €14.1b | €525.0m | 18.5x | 24.1x | 0.9x |
| Thu, 15 Jun 2023 | €13.1b | €14.1b | €524.5m | 20.9x | 25x | 0.9x |
| Sat, 13 May 2023 | €13.1b | €13.7b | €537.2m | 21.3x | 24.3x | 1x |
| Mon, 10 Apr 2023 | €13.8b | €13.6b | €531.4m | 22.9x | 26x | 1x |
Price to Earnings Ratio
26x
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 18.1x which is lower than its 3-year average PE of 23.0x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
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 4.9% 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 | 1.86% | |
| Tech | 2.10% | |
| IT | 5.65% | |
| IT Consulting | 6.09% | |
| Internet Services and Infrastructure | 4.46% | |
| Data Processing Services | 0% | 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 | €29.48 | 7.6% +€262.1m | -15.4% | PE16.2x | |
| KTN Kontron | €19.23 | 7.7% +€86.6m | -13.2% | PE8.7x | |
| COK Cancom | €25.20 | 12.0% +€79.8m | 2.2% | PE25.9x | |
| GFT GFT Technologies | €18.30 | 9.6% +€41.9m | -19.9% | PE14.6x | |
| NA9 Nagarro | €46.18 | 4.9% +€27.1m | -32.1% | PE12x |
