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German (DAX) Semiconductors Industry Analysis
UpdatedApr 16, 2025
DataAggregated Company Financials
Companies16
- 7D6.7%
- 3M-19.0%
- 1Y-21.5%
- YTD-14.8%
Over the last 7 days, the Semiconductors industry has risen 6.7%, driven by gains from Infineon Technologies of 7.0%. However, the industry is down 22% over the past year. Earnings are forecast to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Wed, 16 Apr 2025 | €40.4b | €20.0b | €1.6b | 11.9x | 24.9x | 2x |
| Fri, 14 Mar 2025 | €50.5b | €20.1b | €1.8b | 11.9x | 28.3x | 2.5x |
| Sun, 09 Feb 2025 | €54.1b | €20.1b | €1.8b | 13x | 29.7x | 2.7x |
| Tue, 07 Jan 2025 | €50.2b | €20.4b | €2.2b | 13.6x | 22.9x | 2.5x |
| Thu, 05 Dec 2024 | €48.2b | €20.4b | €2.2b | 13.2x | 22x | 2.4x |
| Sat, 02 Nov 2024 | €44.9b | €20.8b | €2.7b | 13.2x | 16.9x | 2.2x |
| Mon, 30 Sep 2024 | €50.5b | €20.8b | €2.7b | 14.4x | 18.8x | 2.4x |
| Wed, 28 Aug 2024 | €50.3b | €20.8b | €2.7b | 15x | 18.8x | 2.4x |
| Fri, 26 Jul 2024 | €48.4b | €21.3b | €3.2b | 13.3x | 15.1x | 2.3x |
| Sun, 23 Jun 2024 | €52.9b | €21.3b | €3.2b | 13.7x | 16.4x | 2.5x |
| Tue, 21 May 2024 | €58.9b | €21.4b | €3.2b | 15.7x | 18.3x | 2.8x |
| Thu, 18 Apr 2024 | €50.6b | €21.8b | €3.7b | 13.7x | 13.7x | 2.3x |
| Sat, 16 Mar 2024 | €52.0b | €21.6b | €3.7b | 14x | 14x | 2.4x |
| Mon, 12 Feb 2024 | €55.4b | €21.6b | €3.8b | 14.7x | 14.7x | 2.6x |
| Wed, 10 Jan 2024 | €57.3b | €21.9b | €3.9b | 14.8x | 14.7x | 2.6x |
| Fri, 08 Dec 2023 | €59.1b | €21.9b | €3.9b | 15.6x | 15.2x | 2.7x |
| Sun, 05 Nov 2023 | €48.3b | €21.5b | €3.8b | 13.8x | 12.7x | 2.2x |
| Tue, 03 Oct 2023 | €52.0b | €21.7b | €3.9b | 13.2x | 13.5x | 2.4x |
| Thu, 31 Aug 2023 | €54.5b | €21.7b | €3.9b | 15.1x | 14.1x | 2.5x |
| Sat, 29 Jul 2023 | €63.9b | €21.0b | €3.5b | 17.8x | 18.4x | 3x |
| Mon, 26 Jun 2023 | €58.5b | €20.9b | €3.5b | 19x | 16.9x | 2.8x |
| Wed, 24 May 2023 | €58.4b | €20.9b | €3.5b | 17.1x | 16.8x | 2.8x |
| Fri, 21 Apr 2023 | €57.5b | €20.0b | €3.1b | 19.8x | 18.6x | 2.9x |
| Sun, 19 Mar 2023 | €55.8b | €19.8b | €3.0b | 18.8x | 18.8x | 2.8x |
| Tue, 14 Feb 2023 | €57.6b | €19.7b | €2.9b | 18.8x | 19.5x | 2.9x |
| Thu, 12 Jan 2023 | €51.5b | €18.9b | €2.7b | 18.7x | 19x | 2.7x |
| Sat, 10 Dec 2022 | €51.6b | €18.9b | €2.7b | 18.9x | 19.1x | 2.7x |
| Mon, 07 Nov 2022 | €42.6b | €17.7b | €2.4b | 15.8x | 17.6x | 2.4x |
| Wed, 05 Oct 2022 | €41.0b | €17.5b | €2.4b | 14.3x | 17.3x | 2.3x |
| Fri, 02 Sep 2022 | €39.4b | €17.5b | €2.4b | 15.4x | 16.7x | 2.2x |
| Sun, 31 Jul 2022 | €44.2b | €16.6b | €2.1b | 17.9x | 21x | 2.7x |
| Tue, 28 Jun 2022 | €40.9b | €16.5b | €2.1b | 17.1x | 19.7x | 2.5x |
| Thu, 26 May 2022 | €44.5b | €16.5b | €2.1b | 17.3x | 21.5x | 2.7x |
| Sat, 23 Apr 2022 | €45.8b | €15.6b | €1.7b | 24.3x | 26.2x | 2.9x |
Price to Earnings Ratio
26.2x
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 24.9x which is higher than its 3-year average PE of 18.3x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have declined 2.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.6% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | 4.61% | |
| Tech | 4.55% | |
| Semiconductors | 6.68% | |
| Semiconductors | 6.87% | |
| Semiconductor Equipment | 4.82% | |
Industry PE
- Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 16.3x.
- Analysts expect its future annual earnings growth (10.8%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.7x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 53% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| IFX Infineon Technologies | €27.06 | 7.0% +€2.3b | -15.7% | PE25.2x | |
| ELG Elmos Semiconductor | €55.40 | 8.4% +€73.7m | -25.2% | PE7.4x | |
| TPE PVA TePla | €15.40 | 21.5% +€57.6m | -15.2% | PE12x | |
| AIXA AIXTRON | €10.28 | 5.1% +€56.1m | -53.8% | PE10.9x | |
| SMHN SÜSS MicroTec | €31.98 | 9.1% +€51.2m | -20.7% | PE11.7x |
