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German (DAX) IT Industry Analysis

UpdatedAug 18, 2026
DataAggregated Company Financials
Companies27
  • 7D-1.5%
  • 3M8.8%
  • 1Y-7.5%
  • YTD-3.2%

Over the last 7 days, the IT industry has dropped 2.0%, driven by Bechtle declining 5.1%. The industry has fallen 7.1% in the last year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Aug 2026€16.2b€17.9b€772.2m19.3x21x0.9x
Thu, 16 Jul 2026€15.2b€17.6b€806.3m20.4x18.9x0.9x
Sat, 13 Jun 2026€14.5b€17.6b€816.3m22.1x17.7x0.8x
Mon, 11 May 2026€14.8b€17.5b€781.9m20.1x18.9x0.8x
Wed, 08 Apr 2026€13.3b€17.1b€755.7m25.6x17.5x0.8x
Fri, 06 Mar 2026€13.9b€17.4b€736.0m27.6x18.9x0.8x
Sun, 01 Feb 2026€16.9b€17.4b€743.1m26.7x22.7x1x
Tue, 30 Dec 2025€16.5b€17.5b€744.4m25.4x22.1x0.9x
Thu, 27 Nov 2025€15.9b€17.4b€752.8m23.3x21.1x0.9x
Sat, 25 Oct 2025€16.2b€17.4b€736.8m21.7x22x0.9x
Mon, 22 Sep 2025€17.8b€17.4b€735.3m27.4x24.2x1x
Wed, 20 Aug 2025€17.2b€17.4b€739.4m24.8x23.2x1x
Fri, 18 Jul 2025€18.3b€17.3b€684.2m27.4x26.7x1.1x
Sun, 15 Jun 2025€17.7b€17.3b€684.1m26.9x25.9x1x
Tue, 13 May 2025€17.3b€17.2b€690.4m25.4x25.1x1x
Thu, 10 Apr 2025€14.2b€17.0b€710.7m20.5x20x0.8x
Sat, 08 Mar 2025€12.6b€15.9b€550.6m19.8x23x0.8x
Mon, 03 Feb 2025€11.1b€15.8b€544.5m19.5x20.5x0.7x
Wed, 01 Jan 2025€10.6b€15.8b€562.0m18.1x18.9x0.7x
Fri, 29 Nov 2024€10.6b€15.8b€558.4m18.1x19x0.7x
Sun, 27 Oct 2024€10.8b€15.5b€551.7m19.2x19.6x0.7x
Tue, 24 Sep 2024€11.2b€15.5b€563.9m19.2x19.9x0.7x
Thu, 22 Aug 2024€11.5b€15.2b€559.1m18.9x20.5x0.8x
Sat, 20 Jul 2024€12.2b€15.3b€546.1m20.2x22.4x0.8x
Mon, 17 Jun 2024€12.9b€15.3b€545.4m20.3x23.7x0.8x
Wed, 15 May 2024€13.2b€15.0b€546.2m21.1x24.1x0.9x
Fri, 12 Apr 2024€13.6b€15.0b€546.8m20.8x24.8x0.9x
Sun, 10 Mar 2024€13.6b€14.7b€445.4m23.4x30.6x0.9x
Tue, 06 Feb 2024€13.9b€14.7b€459.7m22.3x30.3x0.9x
Thu, 04 Jan 2024€13.1b€14.8b€458.9m21.1x28.5x0.9x
Sat, 02 Dec 2023€13.2b€14.8b€462.4m21x28.5x0.9x
Mon, 30 Oct 2023€12.0b€14.6b€461.0m19.8x26.1x0.8x
Wed, 27 Sep 2023€12.6b€14.6b€458.4m18.5x27.5x0.9x
Fri, 25 Aug 2023€13.3b€14.6b€458.6m19x29x0.9x
Price to Earnings Ratio

29x


Total Market Cap: €13.3bTotal Earnings: €458.6mTotal Revenue: €14.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German IT Industry Price to Earnings3Y Average 23x202420252026
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 23.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 6.9% 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 Market-0.0054%
Tech0.078%
IT-1.51%
Internet Services and Infrastructure2.82%
Data Processing Services0%0
IT Consulting-3.08%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 22.3x.
    • Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings growth of 7.1% per year.
  • Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 49% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 15% 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€32.822.8%
+€121.3m
-15.2%PE19.1x
KTN Kontron€22.161.7%
+€22.1m
-12.1%PE16x
GFT GFT Technologies€22.602.0%
+€11.5m
30.6%PE15.8x
SHF SNP Schneider-Neureither & Partner€83.601.2%
+€7.3m
13.9%PE13.7x
KSC KPS€0.3369.2%
+€5.6m
-54.3%PS0.1x

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