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German (DAX) IT Consulting Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies24
  • 7D0.9%
  • 3M-23.6%
  • 1Y-9.8%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has remained flat, although notably secunet Security Networks gained 4.9%. As for the longer term, the industry has declined 9.8% in the last year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026€10.0b€15.6b€551.8m24.1x18x0.6x
Fri, 13 Mar 2026€10.5b€15.6b€513.2m28.8x20.6x0.7x
Sun, 08 Feb 2026€11.6b€15.6b€518.7m26.9x22.3x0.7x
Tue, 06 Jan 2026€12.9b€15.7b€521.5m26.5x24.7x0.8x
Thu, 04 Dec 2025€12.5b€15.7b€528.3m25.4x23.6x0.8x
Sat, 01 Nov 2025€11.3b€15.5b€528.8m22x21.3x0.7x
Mon, 29 Sep 2025€11.9b€15.5b€528.8m23.1x22.6x0.8x
Wed, 27 Aug 2025€11.7b€15.5b€528.8m23.6x22x0.8x
Fri, 25 Jul 2025€12.3b€15.5b€502.0m22.3x24.6x0.8x
Sun, 22 Jun 2025€11.5b€15.5b€501.9m20.2x22.9x0.7x
Tue, 20 May 2025€12.0b€15.5b€502.0m21.7x24x0.8x
Thu, 17 Apr 2025€11.2b€15.0b€525.7m18.1x21.3x0.7x
Sat, 15 Mar 2025€12.6b€15.6b€554.3m19.1x22.7x0.8x
Mon, 10 Feb 2025€10.9b€15.6b€552.4m17.7x19.7x0.7x
Wed, 08 Jan 2025€10.6b€15.6b€569.9m17.2x18.6x0.7x
Fri, 06 Dec 2024€10.6b€15.6b€566.3m18.9x18.8x0.7x
Sun, 03 Nov 2024€10.1b€15.4b€563.1m16.9x18x0.7x
Tue, 01 Oct 2024€11.5b€15.0b€565.0m19.5x20.4x0.8x
Thu, 29 Aug 2024€11.2b€15.0b€569.1m18.8x19.7x0.7x
Sat, 27 Jul 2024€12.1b€15.1b€561.9m19.3x21.5x0.8x
Mon, 24 Jun 2024€12.8b€15.1b€558.6m21.1x22.9x0.8x
Wed, 22 May 2024€13.3b€15.0b€565.1m20.8x23.6x0.9x
Fri, 19 Apr 2024€12.9b€14.8b€561.7m21.3x22.9x0.9x
Sun, 17 Mar 2024€13.6b€14.6b€485.7m23.4x27.9x0.9x
Tue, 13 Feb 2024€14.0b€14.5b€495.9m22.2x28.3x1x
Thu, 11 Jan 2024€13.0b€14.5b€496.9m22x26.2x0.9x
Sat, 09 Dec 2023€12.9b€14.6b€500.4m21.6x25.8x0.9x
Mon, 06 Nov 2023€12.6b€14.4b€511.0m21x24.7x0.9x
Wed, 04 Oct 2023€12.7b€14.4b€495.3m20.4x25.6x0.9x
Fri, 01 Sep 2023€13.4b€14.4b€495.0m19.5x27.1x0.9x
Sun, 30 Jul 2023€12.8b€14.1b€522.7m17.7x24.5x0.9x
Tue, 27 Jun 2023€12.4b€14.1b€524.1m19.4x23.6x0.9x
Thu, 25 May 2023€12.5b€14.0b€529.0m19.7x23.7x0.9x
Sat, 22 Apr 2023€13.8b€13.7b€529.2m22.3x26.1x1x
Price to Earnings Ratio

26.1x


Total Market Cap: €13.8bTotal Earnings: €529.2mTotal Revenue: €13.7bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Consulting Industry Price to Earnings3Y Average 23x202420252026
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 18.0x 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 4.5% 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 Market2.51%
Tech-0.48%
IT-0.48%
IT Consulting0.94%
Data Processing Services0%0
Internet Services and Infrastructure-4.43%
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€30.563.7%
+€138.6m		-13.9%PE16.8x
KTN Kontron€20.227.0%
+€82.8m		-8.1%PE9.1x
YSN secunet Security Networks€188.005.9%
+€67.3m		-2.4%PE36.5x
ADN1 adesso€58.805.9%
+€21.1m		-38.4%PE20.8x
COK Cancom€25.451.8%
+€13.2m		-0.4%PE26x

Latest News

KTN
€20.22
Kontron
7D
7.0%
1Y
-8.1%
ADN1
€58.80
adesso
7D
5.9%
1Y
-38.4%

ADN1: Dividend Visibility And Expanded Partnership Will Support Future Upside Potential

Analysts have trimmed their price target for adesso from about €127.83 to about €114.17. They now apply a higher discount rate, slightly lower revenue growth and profit margin assumptions, and a higher future P/E multiple in their models.
NA9
€44.88
Nagarro
7D
-0.7%
1Y
-37.2%
AEIN
€17.85
Allgeier
7D
3.5%
1Y
-8.2%
YSN
€188.00
secunet Security Networks
7D
5.9%
1Y
-2.4%

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

Analysts have maintained their price target for secunet Security Networks at €244.25. This reflects updated assumptions that include a slightly lower discount rate, modestly higher revenue growth, a small adjustment to profit margin expectations and a lower future P/E multiple.
BC8
€30.56
Bechtle
7D
3.7%
1Y
-13.9%

BC8: Mixed Research Updates And Investor Day Will Support Earnings Repricing

Analysts have trimmed their average price target on Bechtle by €6. This reflects recent downward revisions from some firms alongside a fresh upgrade from others that highlight mixed views on the stock.
COK
€25.45
Cancom
7D
1.8%
1Y
-0.4%

Cancom's (ETR:COK) Soft Earnings Don't Show The Whole Picture

Apr 03
Cancom's (ETR:COK) Soft Earnings Don't Show The Whole Picture
OBS
€4.82
ORBIS
7D
-3.6%
1Y
-17.6%

There May Be Reason For Hope In ORBIS' (ETR:OBS) Disappointing Earnings

Apr 03
There May Be Reason For Hope In ORBIS' (ETR:OBS) Disappointing Earnings
KSC
€0.33
KPS
7D
-5.8%
1Y
-56.0%
GFT
€18.10
GFT Technologies
7D
1.3%
1Y
-15.8%
D6H
€76.50
DATAGROUP
7D
2.0%
1Y
87.7%
PDA0
€2.12
PRO DV
7D
-0.9%
1Y
-27.4%
3ITN
€11.50
audius
7D
-1.7%
1Y
0.9%
SHF
€66.80
SNP Schneider-Neureither & Partner
7D
-1.2%
1Y
49.4%
AMI
€0.28
medondo holding
7D
-8.1%
1Y
-17.6%
PLEK
€3.94
plenum
7D
-13.2%
1Y
-50.1%

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Jul 29
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