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German (DAX) Application Software Industry Analysis

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies37
  • 7D-2.8%
  • 3M-12.1%
  • 1Y8.8%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 2.8%, driven by SAP declining 2.7%. On the other hand NAGA Group is actually up 9.6%. In the past year, the industry has gained 8.8%. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the German Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025€272.3b€38.9b€6.7b34.6x40.9x7x
Sat, 16 Aug 2025€296.8b€39.0b€6.7b29.3x44.6x7.6x
Mon, 14 Jul 2025€323.6b€38.1b€5.9b30.1x55.3x8.5x
Wed, 11 Jun 2025€332.2b€38.4b€5.9b38.9x56.7x8.7x
Fri, 09 May 2025€327.8b€38.6b€5.8b36.8x56.5x8.5x
Sun, 06 Apr 2025€289.4b€38.2b€3.3b23.8x87.7x7.6x
Tue, 04 Mar 2025€339.4b€38.1b€3.3b23.2x103.8x8.9x
Thu, 30 Jan 2025€333.8b€38.0b€3.3b25.1x100.9x8.8x
Sat, 28 Dec 2024€298.8b€36.9b€2.9b28.3x102.4x8.1x
Mon, 25 Nov 2024€283.5b€36.9b€2.9b28.1x97.1x7.7x
Wed, 23 Oct 2024€271.6b€36.9b€2.9b30.3x93x7.4x
Fri, 20 Sep 2024€259.1b€36.2b€2.7b29.9x94.9x7.2x
Sun, 18 Aug 2024€248.0b€36.2b€2.7b30.7x92.6x6.9x
Tue, 16 Jul 2024€234.1b€34.8b€2.6b26.8x89.4x6.7x
Thu, 13 Jun 2024€221.5b€35.1b€2.6b23.4x86.8x6.3x
Sat, 11 May 2024€219.8b€35.1b€2.6b22.9x86x6.3x
Mon, 08 Apr 2024€224.5b€35.1b€3.9b20.2x58.1x6.4x
Wed, 06 Mar 2024€220.3b€34.9b€4.1b20.2x53.5x6.3x
Fri, 02 Feb 2024€207.8b€35.1b€4.0b22.1x51.4x5.9x
Sun, 31 Dec 2023€180.3b€36.0b€2.3b21.6x78.1x5x
Tue, 28 Nov 2023€182.6b€36.0b€2.3b22x79.6x5.1x
Thu, 26 Oct 2023€161.7b€35.8b€2.3b25.6x69.8x4.5x
Sat, 23 Sep 2023€161.0b€35.7b€1.9b27.9x85.2x4.5x
Mon, 21 Aug 2023€161.0b€35.7b€1.9b28.7x85.1x4.5x
Wed, 19 Jul 2023€167.5b€35.2b€2.0b31.3x85.1x4.8x
Fri, 16 Jun 2023€163.5b€35.4b€2.3b33.3x72.1x4.6x
Sun, 14 May 2023€157.9b€35.5b€2.3b30x68.8x4.5x
Tue, 11 Apr 2023€152.0b€34.7b€2.9b28.2x52.3x4.4x
Thu, 09 Mar 2023€143.5b€34.6b€2.9b27.5x49.5x4.1x
Sat, 04 Feb 2023€144.7b€34.6b€2.9b26.7x49.7x4.2x
Mon, 02 Jan 2023€124.5b€34.1b€3.8b25.1x32.6x3.6x
Wed, 30 Nov 2022€127.1b€34.1b€3.8b25x33.2x3.7x
Fri, 28 Oct 2022€125.9b€34.0b€3.8b26.2x33.1x3.7x
Sun, 25 Sep 2022€105.8b€32.9b€4.6b24.4x23.2x3.2x
Price to Earnings Ratio

23.2x


Total Market Cap: €105.8bTotal Earnings: €4.6bTotal Revenue: €32.9bTotal Market Cap vs Earnings and Revenue0%0%0%
German Application Software Industry Price to Earnings3Y Average 70.1x202320242025
Current Industry PE
  • Investors are pessimistic on the German Application Software 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 40.9x which is lower than its 3-year average PE of 70.1x.
  • The 3-year average PS ratio of 6.0x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 5.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does German Application Software compare with similar industries?

DE Market-0.94%
Tech-1.67%
Software-2.80%
Application Software-2.80%
Systems Software-0.39%
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?

CompanyLast Price7D1YValuation
N4G NAGA Group€0.649.6%
+€13.0m
-31.4%PS2.3x
MUM Mensch und Maschine Software€46.601.0%
+€7.5m
-16.0%PE26.5x
PSAN PSI Software€27.701.5%
+€6.2m
25.3%PS1.5x
DTD2 B+S Banksysteme€2.5025.6%
+€3.2m
19.0%PE9.1x
FAA Fabasoft€15.951.3%
+€2.2m
8.9%PE18.7x

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