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German (DAX) Application Software Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies35
  • 7D5.7%
  • 3M-21.9%
  • 1Y-33.9%
  • YTDn/a

In the last week, the Application Software industry is up 9.9%, with SAP up 5.4%. However, the industry is down 31% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026€189.2b€40.5b€7.1b19.5x26.7x4.7x
Thu, 19 Mar 2026€202.1b€40.7b€7.4b19.1x27.2x5x
Sat, 14 Feb 2026€214.2b€40.6b€7.6b21.9x28.3x5.3x
Mon, 12 Jan 2026€265.0b€40.3b€7.3b25.2x36.3x6.6x
Wed, 10 Dec 2025€262.2b€40.3b€7.3b25x35.9x6.5x
Fri, 07 Nov 2025€271.9b€40.3b€7.3b26.6x37.2x6.7x
Sun, 05 Oct 2025€287.4b€38.9b€6.7b33.8x43.1x7.4x
Tue, 02 Sep 2025€292.6b€38.9b€6.7b35.3x43.9x7.5x
Thu, 31 Jul 2025€316.7b€38.9b€6.7b32.6x47.6x8.1x
Sat, 28 Jun 2025€322.5b€38.3b€5.9b30.1x55.1x8.4x
Mon, 26 May 2025€325.1b€38.4b€5.8b38.4x55.8x8.5x
Wed, 23 Apr 2025€276.0b€38.2b€3.3b28.6x83.8x7.2x
Fri, 21 Mar 2025€314.0b€38.1b€3.3b26x95.9x8.2x
Sun, 16 Feb 2025€346.5b€38.1b€3.3b23.3x104.7x9.1x
Tue, 14 Jan 2025€304.4b€36.9b€2.9b28.5x104.3x8.2x
Thu, 12 Dec 2024€298.2b€36.9b€2.9b28x102.2x8.1x
Sat, 09 Nov 2024€278.2b€36.9b€2.9b29.4x95.3x7.5x
Mon, 07 Oct 2024€252.8b€36.2b€2.7b31x92.6x7x
Wed, 04 Sep 2024€250.7b€36.2b€2.7b30.1x91.3x6.9x
Fri, 02 Aug 2024€241.8b€36.2b€2.7b27.3x90x6.7x
Sun, 30 Jun 2024€235.6b€35.1b€2.6b27.8x92.3x6.7x
Tue, 28 May 2024€225.5b€35.1b€2.5b24.1x88.6x6.4x
Thu, 25 Apr 2024€221.2b€35.7b€2.7b22.5x82.9x6.2x
Sat, 23 Mar 2024€228.4b€34.9b€4.1b20.3x55.2x6.5x
Mon, 19 Feb 2024€210.6b€34.9b€4.1b20.6x51.6x6x
Wed, 17 Jan 2024€186.1b€36.0b€2.3b22.2x80.6x5.2x
Fri, 15 Dec 2023€183.8b€36.0b€2.3b22.4x79.5x5.1x
Sun, 12 Nov 2023€174.2b€36.0b€2.3b23.2x75.9x4.8x
Tue, 10 Oct 2023€157.6b€35.7b€1.9b27.3x83.6x4.4x
Thu, 07 Sep 2023€166.6b€35.7b€1.9b28.9x88.2x4.7x
Sat, 05 Aug 2023€158.5b€35.7b€1.9b30.3x83.9x4.4x
Mon, 03 Jul 2023€163.9b€35.2b€2.0b33.1x83.1x4.7x
Wed, 31 May 2023€159.2b€35.5b€2.3b30.8x69.4x4.5x
Fri, 28 Apr 2023€160.5b€35.4b€2.3b27.3x70.1x4.5x
Price to Earnings Ratio

70.1x


Total Market Cap: €160.5bTotal Earnings: €2.3bTotal Revenue: €35.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Application Software Industry Price to Earnings3Y Average 69.2x202420252026
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 27.7x which is lower than its 3-year average PE of 69.2x.
  • The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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 Market2.70%
Tech7.36%
Software5.74%
Application Software5.75%
Systems Software4.96%
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€151.125.3%
+€8.9b
-30.8%PE24.6x
NEM Nemetschek€68.5519.0%
+€1.3b
-35.2%PE36.4x
NB2 Northern Data€11.2619.0%
+€115.6m
-56.1%PS9x
AOF ATOSS Software€83.409.0%
+€109.8m
-37.9%PE27.4x
TMV TeamViewer€4.9612.8%
+€92.2m
-60.0%PE6.9x

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