We Think Cancom's (ETR:COK) Profit Is Only A Baseline For What They Can Achieve
Nov 21
Have your own idea? Try our Stock Screener
German (DAX) IT Consulting Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies25
- 7D2.5%
- 3M-6.5%
- 1Y-21.0%
- YTDn/a
The IT Consulting industry is up 2.9% in the last week, with adesso up 31%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | €10.5b | €15.6b | €567.5m | 17.9x | 18.5x | 0.7x |
| Sat, 19 Oct 2024 | €11.1b | €15.4b | €562.8m | 19.2x | 19.7x | 0.7x |
| Mon, 16 Sep 2024 | €11.0b | €15.3b | €574.1m | 18.4x | 19.2x | 0.7x |
| Wed, 14 Aug 2024 | €11.4b | €14.9b | €568.7m | 18.9x | 20x | 0.8x |
| Fri, 12 Jul 2024 | €12.3b | €15.1b | €559.3m | 19.7x | 22.1x | 0.8x |
| Sun, 09 Jun 2024 | €13.4b | €15.1b | €558.6m | 21.1x | 23.9x | 0.9x |
| Tue, 07 May 2024 | €13.1b | €14.8b | €565.4m | 20.1x | 23.1x | 0.9x |
| Thu, 04 Apr 2024 | €13.5b | €14.8b | €564.0m | 21.7x | 24x | 0.9x |
| Sat, 02 Mar 2024 | €13.7b | €14.5b | €490.5m | 23.1x | 27.9x | 0.9x |
| Mon, 29 Jan 2024 | €14.2b | €14.5b | €496.8m | 22.9x | 28.5x | 1x |
| Wed, 27 Dec 2023 | €13.4b | €14.6b | €502.3m | 21.5x | 26.6x | 0.9x |
| Fri, 24 Nov 2023 | €13.3b | €14.6b | €500.4m | 21.9x | 26.6x | 0.9x |
| Sun, 22 Oct 2023 | €12.3b | €14.4b | €494.8m | 19.7x | 24.9x | 0.9x |
| Tue, 19 Sep 2023 | €12.9b | €14.4b | €494.3m | 20.8x | 26.1x | 0.9x |
| Thu, 17 Aug 2023 | €13.2b | €14.4b | €495.5m | 19.2x | 26.7x | 0.9x |
| Sat, 15 Jul 2023 | €12.7b | €14.1b | €525.0m | 18.5x | 24.1x | 0.9x |
| Mon, 12 Jun 2023 | €12.5b | €14.1b | €529.1m | 19.6x | 23.7x | 0.9x |
| Wed, 10 May 2023 | €13.8b | €13.7b | €537.2m | 21.8x | 25.6x | 1x |
| Fri, 07 Apr 2023 | €13.8b | €13.5b | €532.9m | 22.8x | 25.9x | 1x |
| Sun, 05 Mar 2023 | €14.4b | €13.5b | €595.2m | 24.4x | 24.2x | 1.1x |
| Tue, 31 Jan 2023 | €14.4b | €13.5b | €592.3m | 25.6x | 24.2x | 1.1x |
| Thu, 29 Dec 2022 | €12.4b | €13.5b | €592.4m | 22.7x | 20.9x | 0.9x |
| Sat, 26 Nov 2022 | €13.4b | €13.3b | €597.4m | 24.4x | 22.4x | 1x |
| Mon, 24 Oct 2022 | €12.1b | €13.0b | €586.1m | 21.3x | 20.6x | 0.9x |
| Wed, 21 Sep 2022 | €12.6b | €12.9b | €586.4m | 21.3x | 21.4x | 1x |
| Fri, 19 Aug 2022 | €15.0b | €12.9b | €576.3m | 26.6x | 26.1x | 1.2x |
| Sun, 17 Jul 2022 | €13.7b | €12.5b | €566.3m | 25.1x | 24.1x | 1.1x |
| Tue, 14 Jun 2022 | €14.7b | €12.5b | €565.5m | 26.7x | 26x | 1.2x |
| Thu, 12 May 2022 | €15.3b | €12.2b | €564.5m | 24x | 27.2x | 1.3x |
| Sat, 09 Apr 2022 | €18.5b | €12.1b | €533.4m | 29.7x | 34.6x | 1.5x |
| Mon, 07 Mar 2022 | €16.5b | €13.3b | €552.7m | 27.7x | 29.8x | 1.2x |
| Wed, 02 Feb 2022 | €19.0b | €13.3b | €545.2m | 33.2x | 34.8x | 1.4x |
| Fri, 31 Dec 2021 | €21.9b | €13.3b | €545.6m | 35.3x | 40.2x | 1.7x |
| Sun, 28 Nov 2021 | €20.8b | €13.3b | €545.4m | 34.5x | 38.2x | 1.6x |
Price to Earnings Ratio
38.2x
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 18.9x which is lower than its 3-year average PE of 25.7x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.69x.
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 5.5% 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 Market | -0.41% | |
| Tech | 0.11% | |
| IT | 2.46% | |
| IT Consulting | 2.51% | |
| Data Processing Services | 0% | |
| Internet Services and Infrastructure | -2.99% | |
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 | |
|---|---|---|---|---|---|
| ADN1 adesso | €87.40 | 30.8% +€134.0m | -12.1% | PE124x | |
| GFT GFT Technologies | €21.95 | 11.9% +€61.3m | -31.6% | PE12.2x | |
| NA9 Nagarro | €94.40 | 4.9% +€58.6m | 9.9% | PE23.1x | |
| D6H DATAGROUP | €42.75 | 12.6% +€40.0m | -23.0% | PE14.1x | |
| COK Cancom | €24.14 | 1.0% +€7.6m | -12.3% | PE18.8x |
