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German (DAX) IT Consulting Industry Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies24
  • 7D1.3%
  • 3M-25.2%
  • 1Y-18.6%
  • YTDn/a

In the last week, the IT Consulting industry is up 1.3%, with Bechtle up 5.9%. Meanwhile, Nagarro actually underperformed within the industry, shrinking 9.5% in the last week. In contrast, the industry has lost 19% in the last 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026€9.3b€15.6b€541.9m25.2x17.2x0.6x
Mon, 23 Feb 2026€10.8b€15.6b€515.3m27.1x20.9x0.7x
Wed, 21 Jan 2026€12.3b€15.6b€522.4m26.2x23.6x0.8x
Fri, 19 Dec 2025€12.5b€15.7b€523.6m25.5x24x0.8x
Sun, 16 Nov 2025€11.8b€15.6b€533.7m23.5x22.2x0.8x
Tue, 14 Oct 2025€11.4b€15.5b€528.8m21.8x21.5x0.7x
Thu, 11 Sep 2025€11.3b€15.5b€527.6m21.6x21.4x0.7x
Sat, 09 Aug 2025€12.1b€15.6b€546.5m22.8x22.2x0.8x
Mon, 07 Jul 2025€12.0b€15.5b€502.0m21x23.8x0.8x
Wed, 04 Jun 2025€12.1b€15.5b€501.9m21.5x24.1x0.8x
Fri, 02 May 2025€11.8b€15.0b€525.4m19.9x22.4x0.8x
Sun, 30 Mar 2025€12.0b€15.2b€551.8m18.2x21.7x0.8x
Tue, 25 Feb 2025€11.3b€15.6b€555.2m18.3x20.3x0.7x
Thu, 23 Jan 2025€10.6b€15.6b€569.9m17.9x18.5x0.7x
Sat, 21 Dec 2024€10.4b€15.6b€569.9m16.9x18.2x0.7x
Mon, 18 Nov 2024€10.6b€15.6b€567.5m18.1x18.7x0.7x
Wed, 16 Oct 2024€11.0b€15.4b€562.8m19.5x19.5x0.7x
Fri, 13 Sep 2024€10.9b€15.3b€574.1m18.1x18.9x0.7x
Sun, 11 Aug 2024€11.5b€15.3b€575.0m18.7x20x0.8x
Tue, 09 Jul 2024€12.4b€15.1b€559.3m20x22.2x0.8x
Thu, 06 Jun 2024€13.4b€15.1b€558.6m21.1x23.9x0.9x
Sat, 04 May 2024€13.0b€14.8b€564.6m19.8x23.1x0.9x
Mon, 01 Apr 2024€13.5b€14.8b€505.0m22.7x26.8x0.9x
Wed, 28 Feb 2024€13.7b€14.5b€490.6m23.5x28x0.9x
Fri, 26 Jan 2024€14.0b€14.5b€496.8m22.8x28.1x1x
Sun, 24 Dec 2023€13.4b€14.6b€502.3m21.5x26.6x0.9x
Tue, 21 Nov 2023€13.7b€14.6b€496.3m21.7x27.6x0.9x
Thu, 19 Oct 2023€12.5b€14.4b€494.8m19.9x25.2x0.9x
Sat, 16 Sep 2023€13.1b€14.4b€490.7m22.2x26.7x0.9x
Mon, 14 Aug 2023€13.0b€14.3b€518.9m18.2x25.1x0.9x
Wed, 12 Jul 2023€12.3b€14.1b€525.0m18x23.5x0.9x
Fri, 09 Jun 2023€12.5b€14.1b€529.1m19.4x23.5x0.9x
Sun, 07 May 2023€14.0b€13.8b€535.6m22.2x26.2x1x
Tue, 04 Apr 2023€14.0b€13.5b€532.9m22.7x26.4x1x
Price to Earnings Ratio

26.4x


Total Market Cap: €14.0bTotal Earnings: €532.9mTotal Revenue: €13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Consulting Industry Price to Earnings3Y Average 23.1x202420252026
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 17.2x which is lower than its 3-year average PE of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
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-0.53%
Tech-5.24%
IT0.094%
IT Consulting1.29%
Data Processing Services0%0
Internet Services and Infrastructure-3.11%
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€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

Latest News

GFT
€16.40
GFT Technologies
7D
-7.3%
1Y
-30.2%
KTN
€19.04
Kontron
7D
-1.9%
1Y
-13.7%
COK
€23.10
Cancom
7D
10.0%
1Y
-12.6%
NA9
€44.42
Nagarro
7D
-9.5%
1Y
-40.9%
D6H
€74.00
DATAGROUP
7D
1.4%
1Y
82.3%

D6H: New Funding System Contract And Dividend Will Support Stronger Outlook

Analysts are keeping their price target for DATAGROUP broadly stable around €86.00, reflecting only very small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in their overall view of the shares. What's in the News DATAGROUP SE was awarded the contract to manage the statewide operation of the BAFSYS2 specialist procedures in North Rhine-Westphalia, covering the technical platform for processing BAföG and AFBG educational funding applications starting in mid 2026 (Key Developments).
YSN
€170.60
secunet Security Networks
7D
-3.1%
1Y
-10.3%

YSN: 2026 Guidance And M&A Capacity Will Support Further Upside

Analysts have maintained their price target for secunet Security Networks at €244.25, with only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. This signals that their overall view on the shares is essentially unchanged.
BC8
€27.28
Bechtle
7D
5.9%
1Y
-22.9%

Bechtle AG (ETR:BC8) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Mar 25
Bechtle AG (ETR:BC8) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
AEIN
€16.30
Allgeier
7D
2.2%
1Y
-18.1%
NC5A
€1.22
NorCom Information Technology GmbH KGaA
7D
-3.2%
1Y
-64.9%
KSC
€0.34
KPS
7D
-1.4%
1Y
-56.9%
3ITN
€11.90
audius
7D
-4.0%
1Y
-1.7%
A1OS
€32.40
All for One Group
7D
2.2%
1Y
-42.6%
RTC
€1.09
RealTech
7D
-2.7%
1Y
-11.4%
C1V
€6.90
mVISE
7D
4.5%
1Y
5.3%
SHF
€66.80
SNP Schneider-Neureither & Partner
7D
-1.2%
1Y
49.4%
AMI
€0.33
medondo holding
7D
11.5%
1Y
-28.3%