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German (DAX) IT Industry Analysis

UpdatedMay 08, 2025
DataAggregated Company Financials
Companies25
  • 7D4.9%
  • 3M19.5%
  • 1Y5.8%
  • YTD25.2%

The IT industry is up 5.6% in the last week, with IONOS Group up 12%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 May 2025€16.7b€17.2b€708.1m25.4x23.5x1x
Sat, 05 Apr 2025€14.9b€17.0b€711.6m22x20.9x0.9x
Mon, 03 Mar 2025€11.1b€15.8b€547.3m19.4x20.3x0.7x
Wed, 29 Jan 2025€10.6b€15.8b€562.0m19.4x18.9x0.7x
Fri, 27 Dec 2024€10.6b€15.8b€562.0m18.1x18.8x0.7x
Sun, 24 Nov 2024€10.7b€15.8b€556.1m18.1x19.2x0.7x
Tue, 22 Oct 2024€11.2b€15.5b€551.7m19.4x20.3x0.7x
Thu, 19 Sep 2024€11.1b€15.5b€563.0m18.7x19.7x0.7x
Sat, 17 Aug 2024€11.5b€15.2b€558.0m18.7x20.6x0.8x
Mon, 15 Jul 2024€12.4b€15.3b€546.1m20.1x22.7x0.8x
Wed, 12 Jun 2024€13.4b€15.3b€545.4m20.7x24.6x0.9x
Fri, 10 May 2024€13.0b€15.0b€547.3m20.6x23.7x0.9x
Sun, 07 Apr 2024€13.6b€15.0b€546.8m21x25x0.9x
Tue, 05 Mar 2024€13.9b€14.7b€454.9m23.4x30.6x0.9x
Thu, 01 Feb 2024€14.0b€14.8b€458.7m23x30.5x0.9x
Sat, 30 Dec 2023€13.6b€14.9b€464.3m21.6x29.3x0.9x
Mon, 27 Nov 2023€13.4b€14.8b€462.3m21.8x29.1x0.9x
Wed, 25 Oct 2023€12.5b€14.6b€457.9m19.4x27.3x0.9x
Fri, 22 Sep 2023€12.9b€14.6b€458.4m19.4x28.1x0.9x
Sun, 20 Aug 2023€13.2b€14.6b€458.6m19.4x28.8x0.9x
Tue, 18 Jul 2023€12.7b€14.3b€487.8m18.1x26.1x0.9x
Thu, 15 Jun 2023€13.2b€14.3b€487.3m20x27.1x0.9x
Sat, 13 May 2023€13.2b€14.0b€501.8m20.1x26.3x0.9x
Mon, 10 Apr 2023€13.9b€13.9b€496.0m21.3x28.1x1x
Wed, 08 Mar 2023€14.5b€13.8b€579.4m23.7x25x1.1x
Fri, 03 Feb 2023€15.5b€13.7b€579.0m25.8x26.7x1.1x
Sun, 01 Jan 2023€12.6b€13.7b€576.6m22.4x21.9x0.9x
Tue, 29 Nov 2022€13.3b€13.5b€583.2m22.7x22.7x1x
Thu, 27 Oct 2022€13.0b€13.2b€594.1m19.5x21.9x1x
Sat, 24 Sep 2022€12.0b€13.2b€594.4m19.6x20.3x0.9x
Mon, 22 Aug 2022€15.0b€13.2b€584.4m25.4x25.7x1.1x
Wed, 20 Jul 2022€13.8b€12.8b€574.3m22.9x24.1x1.1x
Fri, 17 Jun 2022€14.2b€12.8b€573.6m24.6x24.8x1.1x
Sun, 15 May 2022€15.9b€12.6b€573.8m24.3x27.6x1.3x
Price to Earnings Ratio

27.6x


Total Market Cap: €15.9bTotal Earnings: €573.8mTotal Revenue: €12.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Industry Price to Earnings3Y Average 24.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the German IT 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 24.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 7.1% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the German Tech industry?

DE Market1.70%
Tech2.77%
IT4.90%
Internet Services and Infrastructure12.28%
IT Consulting2.29%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings decline of 51.3% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 23.5x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 51% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IOS IONOS Group€32.9012.3%
+€496.9m
38.2%PE26.8x
BC8 Bechtle€38.442.8%
+€131.0m
-13.3%PE19.7x
SANT Kontron€22.646.4%
+€83.5m
19.7%PE15.2x
COK Cancom€27.702.8%
+€23.6m
-4.8%PE26.1x
YSN secunet Security Networks€208.501.7%
+€22.6m
36.8%PE48.3x
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