Narrative Update • Jul 15
Have your own idea? Try our Stock Screener
- 7D-11.5%
- 3M25.3%
- 1Y69.7%
- YTD67.0%
Over the last 7 days, the Semiconductors industry has dropped 11%, driven by a pullback from Infineon Technologies of 12%. In the past year, the industry has gained 73%. Earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the German Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jul 2026 | €96.0b | €18.6b | €1.2b | 76.5x | 82x | 5.2x |
| Mon, 15 Jun 2026 | €119.9b | €18.7b | €1.2b | 88.4x | 100.8x | 6.4x |
| Wed, 13 May 2026 | €89.2b | €18.4b | €1.2b | 59.5x | 76.7x | 4.9x |
| Fri, 10 Apr 2026 | €66.3b | €18.2b | €1.2b | 49x | 55.9x | 3.6x |
| Sun, 08 Mar 2026 | €60.6b | €18.5b | €1.2b | 38.1x | 49.3x | 3.3x |
| Tue, 03 Feb 2026 | €62.4b | €18.3b | €1.2b | 29.7x | 52x | 3.4x |
| Thu, 01 Jan 2026 | €56.1b | €18.3b | €1.2b | 26x | 47.4x | 3.1x |
| Sat, 29 Nov 2025 | €54.4b | €18.5b | €1.2b | 22.3x | 44.7x | 2.9x |
| Mon, 27 Oct 2025 | €51.1b | €20.1b | €1.2b | 20.8x | 41.3x | 2.5x |
| Wed, 24 Sep 2025 | €51.0b | €20.0b | €1.2b | 21.1x | 41.5x | 2.5x |
| Fri, 22 Aug 2025 | €53.6b | €20.0b | €1.2b | 18.9x | 43.5x | 2.7x |
| Sun, 20 Jul 2025 | €57.1b | €20.1b | €1.4b | 18x | 40.4x | 2.8x |
| Tue, 17 Jun 2025 | €52.8b | €20.1b | €1.4b | 15.5x | 37.3x | 2.6x |
| Thu, 15 May 2025 | €51.4b | €20.1b | €1.4b | 14.3x | 36.2x | 2.6x |
| Sat, 12 Apr 2025 | €38.4b | €20.0b | €1.6b | 10.5x | 23.6x | 1.9x |
| Mon, 10 Mar 2025 | €53.1b | €20.1b | €1.8b | 13x | 29.7x | 2.6x |
| Wed, 05 Feb 2025 | €46.8b | €20.1b | €1.8b | 12.9x | 25.4x | 2.3x |
| Fri, 03 Jan 2025 | €47.5b | €20.4b | €2.2b | 13x | 21.6x | 2.3x |
| Sun, 01 Dec 2024 | €46.5b | €20.4b | €2.2b | 12.5x | 21.2x | 2.3x |
| Tue, 29 Oct 2024 | €47.3b | €20.8b | €2.7b | 13.2x | 17.8x | 2.3x |
| Thu, 26 Sep 2024 | €45.9b | €20.8b | €2.7b | 14.2x | 17.1x | 2.2x |
| Sat, 24 Aug 2024 | €50.2b | €20.8b | €2.7b | 15.1x | 18.7x | 2.4x |
| Mon, 22 Jul 2024 | €51.8b | €21.3b | €3.2b | 13.9x | 16.1x | 2.4x |
| Wed, 19 Jun 2024 | €56.5b | €21.3b | €3.2b | 14.5x | 17.5x | 2.6x |
| Fri, 17 May 2024 | €58.2b | €21.4b | €3.2b | 15.3x | 18x | 2.7x |
| Sun, 14 Apr 2024 | €51.7b | €21.8b | €3.7b | 14x | 14x | 2.4x |
| Tue, 12 Mar 2024 | €54.4b | €21.7b | €3.8b | 14.7x | 14.4x | 2.5x |
| Thu, 08 Feb 2024 | €52.7b | €21.6b | €3.8b | 14x | 14x | 2.4x |
| Sat, 06 Jan 2024 | €57.2b | €21.9b | €3.9b | 15.1x | 14.7x | 2.6x |
| Mon, 04 Dec 2023 | €58.5b | €21.9b | €3.9b | 15.7x | 15.1x | 2.7x |
| Wed, 01 Nov 2023 | €45.7b | €21.7b | €3.9b | 12.4x | 11.8x | 2.1x |
| Fri, 29 Sep 2023 | €52.0b | €21.7b | €3.9b | 13.2x | 13.5x | 2.4x |
| Sun, 27 Aug 2023 | €53.1b | €21.7b | €3.9b | 15x | 13.8x | 2.5x |
| Tue, 25 Jul 2023 | €60.0b | €20.9b | €3.5b | 18.1x | 17.3x | 2.9x |
Price to Earnings Ratio
17.3x
Current Industry PE
- Investors are optimistic on the German Semiconductor industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 83.2x which is higher than its 3-year average PE of 32.2x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have declined 30% per year over the last three years,
- Revenues have also declined 3.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | -0.45% | |
| Tech | -3.99% | |
| Semiconductors | -11.50% | |
| Semiconductor Equipment | -7.46% | |
| Semiconductors | -11.95% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 31.2x.
- Analysts are expecting annual earnings growth of 32.9%, which is higher than its past year's earnings decline of 12.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 33% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SIS First Sensor | €52.50 | 2.9% +€15.5m | -9.2% | PE85.2x | |
| QCE Global PVQ | €0.0016 | 33.3% +€70.5k | -46.7% | n/a | |
| 9TS TubeSolar | €0.0045 | 28.6% +€14.8k | -10.0% | n/a |
