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German (DAX) IT Consulting Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies24
  • 7D2.8%
  • 3M16.0%
  • 1Y29.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has risen 2.8%, driven by gains from Bechtle of 2.6%. This means that the industry has gained 30% over the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026€13.0b€15.6b€522.4m26.7x24.9x0.8x
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
Price to Earnings Ratio

25.7x


Total Market Cap: €15.3bTotal Earnings: €594.8mTotal Revenue: €13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Consulting Industry Price to Earnings3Y Average 23.3x202420252026
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 23.3x.
  • 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 4.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% 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 Market0.59%
Tech2.56%
IT2.90%
IT Consulting2.83%
Internet Services and Infrastructure3.12%
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
BC8 Bechtle€44.505.1%
+€269.6m		41.3%PE26x
YSN secunet Security Networks€217.0014.2%
+€174.7m		86.7%PE43.9x
NA9 Nagarro€73.1515.4%
+€123.4m		-12.2%PE19x
COK Cancom€29.006.4%
+€53.2m		16.4%PE51x
GFT GFT Technologies€21.157.3%
+€37.5m		-2.8%PE15.9x

Latest News

YSN
€217.00
secunet Security Networks
7D
14.2%
1Y
86.7%
NA9
€73.15
Nagarro
7D
15.4%
1Y
-12.2%
AEIN
€22.40
Allgeier
7D
4.2%
1Y
54.5%
D6H
€70.30
DATAGROUP
7D
1.3%
1Y
60.7%

D6H: Future Dividend Cut And Modest Contracts Will Limit Upside Potential

Analysts have raised their price target on DATAGROUP from €54 to approximately €58, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E ratio that they view as better aligned with the company's current profile. What's in the News DATAGROUP SE won a contract to manage the statewide operation of the BAFSYS2 specialist procedures in North Rhine-Westphalia, covering the IT platform for BAfoG and AFBG educational funding applications from mid 2026, with preparations starting in August 2025 (Client Announcements).
BC8
€44.50
Bechtle
7D
5.1%
1Y
41.3%

BC8: 2026 IT Spending Revival Will Support Stronger Earnings Power

Analysts have lifted their fair value estimate for Bechtle from €51.00 to €52.00, citing expectations for a 2026 IT spending revival that they view as supportive of slightly stronger revenue growth, profit margins and a lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upgrade case as tied to expectations for an IT spending revival in 2026, which they see as supportive for Bechtle's revenue trajectory and operational execution.
COK
€29.00
Cancom
7D
6.4%
1Y
16.4%
GFT
€21.15
GFT Technologies
7D
7.3%
1Y
-2.8%
ADN1
€84.10
adesso
7D
-0.5%
1Y
-10.4%

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Jan 22
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RTC
€0.98
RealTech
7D
-2.0%
1Y
-10.9%
SANT
€23.30
Kontron
7D
0.4%
1Y
20.7%

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Dec 15
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AMI
€0.40
medondo holding
7D
-3.8%
1Y
-44.4%
KSC
€0.55
KPS
7D
-0.7%
1Y
-31.0%
SHF
€66.80
SNP Schneider-Neureither & Partner
7D
-1.2%
1Y
49.4%
PLEK
€5.75
plenum
7D
-1.7%
1Y
-28.1%

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Jul 29
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