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German (DAX) IT Consulting Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies24
  • 7D-0.3%
  • 3M4.9%
  • 1Y24.5%
  • YTDn/a

In the last week, the IT Consulting industry is flat overall, with Cancom standing out by going down 6.5%. As for the the longer term, the industry is up 24% over the past 12 months. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025€12.5b€15.7b€523.6m25.3x23.8x0.8x
Sat, 22 Nov 2025€11.6b€15.6b€532.0m22.5x21.8x0.7x
Mon, 20 Oct 2025€11.1b€15.5b€528.8m21.4x20.9x0.7x
Wed, 17 Sep 2025€11.3b€15.5b€527.3m21.8x21.5x0.7x
Fri, 15 Aug 2025€11.8b€15.5b€535.0m23.6x22.1x0.8x
Sun, 13 Jul 2025€12.2b€15.5b€502.0m21.8x24.4x0.8x
Tue, 10 Jun 2025€12.2b€15.5b€501.9m22.2x24.3x0.8x
Thu, 08 May 2025€12.0b€15.4b€543.4m22.1x22.1x0.8x
Sat, 05 Apr 2025€11.1b€15.3b€546.0m17.3x20.2x0.7x
Mon, 03 Mar 2025€11.0b€15.6b€555.2m18x19.8x0.7x
Wed, 29 Jan 2025€10.5b€15.6b€569.9m18.1x18.5x0.7x
Fri, 27 Dec 2024€10.5b€15.6b€569.9m16.9x18.4x0.7x
Sun, 24 Nov 2024€10.6b€15.6b€564.0m18.1x18.7x0.7x
Tue, 22 Oct 2024€11.1b€15.4b€562.8m19.4x19.7x0.7x
Thu, 19 Sep 2024€11.0b€15.3b€574.1m18.3x19.1x0.7x
Sat, 17 Aug 2024€11.4b€15.0b€569.2m18.4x20x0.8x
Mon, 15 Jul 2024€12.3b€15.1b€559.3m19.3x22x0.8x
Wed, 12 Jun 2024€13.3b€15.1b€558.6m21.3x23.8x0.9x
Fri, 10 May 2024€12.9b€14.8b€564.4m20.8x22.8x0.9x
Sun, 07 Apr 2024€13.6b€14.8b€564.0m22.1x24.1x0.9x
Tue, 05 Mar 2024€13.8b€14.5b€490.5m23.5x28.2x1x
Thu, 01 Feb 2024€13.9b€14.5b€496.8m23.4x28x1x
Sat, 30 Dec 2023€13.5b€14.6b€502.3m21.7x26.9x0.9x
Mon, 27 Nov 2023€13.4b€14.6b€500.3m22.3x26.7x0.9x
Wed, 25 Oct 2023€12.4b€14.4b€494.8m19.6x25.1x0.9x
Fri, 22 Sep 2023€12.8b€14.4b€495.3m20.3x25.8x0.9x
Sun, 20 Aug 2023€13.1b€14.4b€495.5m19.5x26.5x0.9x
Tue, 18 Jul 2023€12.7b€14.1b€525.0m18.5x24.1x0.9x
Thu, 15 Jun 2023€13.1b€14.1b€524.5m20.9x25x0.9x
Sat, 13 May 2023€13.1b€13.7b€537.2m21.3x24.3x1x
Mon, 10 Apr 2023€13.8b€13.6b€531.4m22.9x26x1x
Wed, 08 Mar 2023€14.4b€13.5b€595.2m24.4x24.1x1.1x
Fri, 03 Feb 2023€15.3b€13.5b€594.8m26x25.7x1.1x
Sun, 01 Jan 2023€12.5b€13.5b€592.4m23.1x21.1x0.9x
Price to Earnings Ratio

21.1x


Total Market Cap: €12.5bTotal Earnings: €592.4mTotal Revenue: €13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Consulting Industry Price to Earnings3Y Average 23.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the German IT Consulting and Other Services 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 23.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have declined 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% 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, which has decreased profits.

Industry Comparison

How does German IT Consulting compare with similar industries?

DE Market0.36%
Tech-0.15%
IT0.022%
IT Consulting-0.28%
Internet Services and Infrastructure1.02%
Data Processing Services0%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?

CompanyLast Price7D1YValuation
NA9 Nagarro€76.351.5%
+€11.0m		-4.5%PE19.9x
SANT Kontron€22.740.7%
+€9.8m		19.0%PE10.3x
ADN1 adesso€88.101.7%
+€9.6m		1.8%PE42x
NVQ Novabase S.G.P.S€8.902.3%
+€7.5m		54.8%PE45.6x
YSN secunet Security Networks€178.400.5%
+€5.2m		52.7%PE36.1x

Latest News

BC8
€43.28
Bechtle
7D
-0.6%
1Y
39.6%

BC8: 2026 IT Spending Revival Expectations Will Likely Prove Overly Optimistic

Analysts have raised their price target on Bechtle to approximately EUR 34.50 from about EUR 33.90, citing improving expectations for a 2026 IT spending revival and stronger organic growth prospects in the German IT reseller market. Analyst Commentary While recent research notes highlight an improving outlook for Bechtle into 2026, not all commentary is uniformly positive.
A1OS
€40.10
All for One Group
7D
-1.0%
1Y
-28.4%

There May Be Reason For Hope In All for One Group's (ETR:A1OS) Disappointing Earnings

Dec 22
There May Be Reason For Hope In All for One Group's (ETR:A1OS) Disappointing Earnings
AEIN
€19.95
Allgeier
7D
-2.7%
1Y
33.0%
SANT
€22.74
Kontron
7D
0.7%
1Y
19.0%

Kontron AG's (ETR:SANT) Low P/E No Reason For Excitement

Dec 15
Kontron AG's (ETR:SANT) Low P/E No Reason For Excitement
NA9
€76.35
Nagarro
7D
1.5%
1Y
-4.5%

NA9: Share Buybacks Are Expected To Drive Future Shareholder Value

Analysts have modestly revised their price target for Nagarro, keeping fair value broadly unchanged at €90.25. They have slightly lowered the discount rate and forward P/E assumptions as they factor in a marginally improved risk profile and stable long term growth and profitability expectations.
YSN
€178.40
secunet Security Networks
7D
0.5%
1Y
52.7%

Returns On Capital Signal Tricky Times Ahead For secunet Security Networks (ETR:YSN)

Nov 29
Returns On Capital Signal Tricky Times Ahead For secunet Security Networks (ETR:YSN)
COK
€26.45
Cancom
7D
-6.5%
1Y
13.9%

Here's Why Cancom (ETR:COK) Can Manage Its Debt Responsibly

Nov 28
Here's Why Cancom (ETR:COK) Can Manage Its Debt Responsibly
C1V
€4.40
mVISE
7D
-17.8%
1Y
23.6%
GFT
€18.88
GFT Technologies
7D
0.3%
1Y
-15.1%
KSC
€0.59
KPS
7D
25.3%
1Y
-22.5%
3ITN
€12.20
audius
7D
2.5%
1Y
9.9%
ADN1
€88.10
adesso
7D
1.7%
1Y
1.8%
SHF
€66.80
SNP Schneider-Neureither & Partner
7D
-1.2%
1Y
49.4%
NVQ
€8.90
Novabase S.G.P.S
7D
2.3%
1Y
54.8%

What Novabase S.G.P.S., S.A.'s (FRA:NVQ) P/E Is Not Telling You

Oct 28
What Novabase S.G.P.S., S.A.'s (FRA:NVQ) P/E Is Not Telling You
RTC
€0.95
RealTech
7D
-0.5%
1Y
-9.0%
T3T1
€4.90
Seven Principles
7D
-2.0%
1Y
-7.5%