Header cover image

German (DAX) Application Software Industry Analysis

UpdatedMar 09, 2026
DataAggregated Company Financials
Companies37
  • 7D1.1%
  • 3M-18.0%
  • 1Y-32.6%
  • YTDn/a

The Application Software industry is up 1.1% in the last week, with SAP up 1.0%. Meanwhile, Northern Data actually underperformed within the industry, shrinking 7.6% in the last week. In the past year, the industry is down 33%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Mar 2026€215.6b€40.6b€7.4b21.7x29.1x5.3x
Wed, 04 Feb 2026€208.9b€40.6b€7.6b24.7x27.6x5.2x
Fri, 02 Jan 2026€260.6b€40.3b€7.3b25.8x35.6x6.5x
Sun, 30 Nov 2025€261.2b€40.3b€7.3b24.4x35.8x6.5x
Tue, 28 Oct 2025€293.9b€40.2b€7.3b28.9x40.2x7.3x
Thu, 25 Sep 2025€284.8b€38.9b€6.7b36.3x42.8x7.3x
Sat, 23 Aug 2025€291.1b€39.0b€6.7b31.1x43.7x7.5x
Mon, 21 Jul 2025€330.3b€38.1b€5.9b30.9x56.4x8.7x
Wed, 18 Jun 2025€320.5b€38.4b€5.9b38.4x54.7x8.3x
Fri, 16 May 2025€328.7b€38.6b€5.8b37.3x56.8x8.5x
Sun, 13 Apr 2025€282.5b€38.2b€3.3b24.1x85.6x7.4x
Tue, 11 Mar 2025€304.6b€38.1b€3.3b24.8x93.1x8x
Thu, 06 Feb 2025€334.3b€38.0b€3.3b25x101x8.8x
Sat, 04 Jan 2025€293.7b€36.9b€2.9b28.7x100.7x8x
Mon, 02 Dec 2024€281.7b€36.8b€2.9b28.2x96.3x7.7x
Wed, 30 Oct 2024€281.4b€36.9b€2.9b29.9x96.2x7.6x
Fri, 27 Sep 2024€257.0b€36.2b€2.7b29.5x94.1x7.1x
Sun, 25 Aug 2024€247.3b€36.2b€2.7b30.1x92.1x6.8x
Tue, 23 Jul 2024€229.0b€34.8b€2.6b29.9x88.5x6.6x
Thu, 20 Jun 2024€220.1b€35.1b€2.6b22.1x86.2x6.3x
Sat, 18 May 2024€221.2b€35.1b€2.6b22.7x86.3x6.3x
Mon, 15 Apr 2024€216.4b€35.1b€3.9b21.6x56x6.2x
Wed, 13 Mar 2024€224.5b€34.9b€4.1b20.1x54.6x6.4x
Fri, 09 Feb 2024€214.6b€34.9b€4.1b21.2x52.6x6.2x
Sun, 07 Jan 2024€176.7b€36.0b€2.3b22x76.5x4.9x
Tue, 05 Dec 2023€188.0b€36.0b€2.3b21.6x81.9x5.2x
Thu, 02 Nov 2023€163.8b€35.9b€2.3b25x70.7x4.6x
Sat, 30 Sep 2023€158.3b€35.7b€1.9b27.5x83.8x4.4x
Mon, 28 Aug 2023€163.3b€35.7b€1.9b29.3x86.4x4.6x
Wed, 26 Jul 2023€157.8b€35.6b€1.9b30.4x83.7x4.4x
Fri, 23 Jun 2023€161.3b€35.5b€2.3b31.3x71.2x4.5x
Sun, 21 May 2023€161.9b€35.5b€2.3b30.6x70.6x4.6x
Tue, 18 Apr 2023€151.7b€34.7b€2.9b28.6x52.3x4.4x
Thu, 16 Mar 2023€140.3b€34.7b€2.9b28.5x48.4x4x
Price to Earnings Ratio

48.4x


Total Market Cap: €140.3bTotal Earnings: €2.9bTotal Revenue: €34.7bTotal Market Cap vs Earnings and Revenue0%0%0%
German Application Software Industry Price to Earnings3Y Average 70.2x202420252026
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 29.1x which is lower than its 3-year average PE of 70.2x.
  • The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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-6.41%
Tech-2.07%
Software1.07%
Application Software1.07%
Systems Software1.19%
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
SAP SAP€171.882.9%
+€5.6b
-29.0%PE28x
NEM Nemetschek€69.052.4%
+€184.7m
-37.7%PE39x
TMV TeamViewer€4.715.8%
+€40.8m
-61.7%PE6.3x
AOF ATOSS Software€89.102.5%
+€35.0m
-26.4%PE29.3x
1INN innoscripta€75.101.5%
+€11.0m
n/aPE17.6x

Latest News