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German (DAX) Systems Software Industry Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M-1.6%
  • 1Y22.5%
  • YTDn/a

Over the last 7 days, the Systems Software industry has dropped 1.0%, driven by IVU Traffic Technologies declining 1.9%. Meanwhile, cyan actually outperformed within the industry, gaining 7.7% in the last week. Over the past 12 months, the industry was up 23%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026€955.0m€514.6m€30.0m28.6x31.8x1.9x
Wed, 17 Dec 2025€922.7m€514.6m€30.0m27.3x30.8x1.8x
Fri, 14 Nov 2025€921.8m€486.6m€26.8m30.8x34.4x1.9x
Sun, 12 Oct 2025€969.6m€486.6m€26.8m33.9x36.2x2x
Tue, 09 Sep 2025€978.3m€485.4m€25.1m33.2x39x2x
Thu, 07 Aug 2025€932.0m€470.7m€23.4m30.3x39.9x2x
Sat, 05 Jul 2025€822.1m€470.7m€23.4m27.3x35.2x1.7x
Mon, 02 Jun 2025€839.6m€466.9m€23.2m26.7x36.2x1.8x
Wed, 30 Apr 2025€839.7m€445.7m€23.3m25.5x36.1x1.9x
Fri, 28 Mar 2025€867.9m€444.0m€23.5m26.4x37x2x
Sun, 23 Feb 2025€765.6m€421.3m€22.5m20.7x34x1.8x
Tue, 21 Jan 2025€772.5m€421.3m€22.5m21x34.3x1.8x
Thu, 19 Dec 2024€720.5m€421.3m€22.5m19.9x32x1.7x
Sat, 16 Nov 2024€709.5m€416.7m€21.7m20.1x32.7x1.7x
Mon, 14 Oct 2024€688.4m€406.5m€22.1m20x31.2x1.7x
Wed, 11 Sep 2024€687.5m€405.3m€21.2m19.8x32.4x1.7x
Fri, 09 Aug 2024€3.4b€1.4b€12.1m20.4x279x2.4x
Sun, 07 Jul 2024€3.4b€1.4b€12.1m20.5x279.3x2.4x
Tue, 04 Jun 2024€3.3b€1.4b€12.1m20.2x275.7x2.4x
Thu, 02 May 2024€3.4b€1.4b-€14,555,910.0023.9x-231.9x2.5x
Sat, 30 Mar 2024€3.6b€1.4b-€14,555,910.0024x-247x2.6x
Mon, 26 Feb 2024€3.4b€1.4b-€17,233,910.0023.3x-196.3x2.5x
Wed, 24 Jan 2024€5.4b€2.0b-€31,437,474.0025x-171.6x2.7x
Fri, 22 Dec 2023€5.1b€2.0b-€31,437,474.0026.2x-162.4x2.6x
Sun, 19 Nov 2023€4.8b€2.0b-€30,762,474.0025.3x-157.4x2.5x
Tue, 17 Oct 2023€4.8b€2.0b-€57,670,594.0019.5x-83.4x2.4x
Thu, 14 Sep 2023€5.7b€2.0b-€52,070,826.0020.9x-108.6x2.9x
Sat, 12 Aug 2023€4.7b€1.9b-€52,093,141.0022.5x-90.9x2.4x
Mon, 10 Jul 2023€4.8b€1.9b-€39,769,325.0026x-120.6x2.5x
Wed, 07 Jun 2023€5.5b€1.9b-€23,780,228.0027.4x-232.5x2.9x
Fri, 05 May 2023€6.0b€1.9b-€369,692.0028.2x-16216.1x3.1x
Sun, 02 Apr 2023€5.0b€1.9b-€3,878,091.0025.3x-1296.1x2.6x
Tue, 28 Feb 2023€5.3b€1.9b-€22,277,721.0025.2x-237x2.8x
Thu, 26 Jan 2023€5.6b€1.8b€8.6m25.9x654.3x3.1x
Price to Earnings Ratio

654.3x


Total Market Cap: €5.6bTotal Earnings: €8.6mTotal Revenue: €1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
German Systems Software Industry Price to Earnings3Y Average -326.1x202420252026
Current Industry PE
  • Investors are optimistic on the German Systems Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.8x which is higher than its 3-year average PE of -327x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Systems Software industry have grown 53% per year over the last three years.
  • Meanwhile revenues for these companies have declined 34% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does German Systems Software compare with similar industries?

DE Market-0.44%
Tech-3.58%
Software-5.00%
Systems Software1.22%
Application Software-5.02%
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
IXX init innovation in traffic systems€47.901.5%
+€7.0m
27.7%PE28.6x
CYR cyan€2.2412.0%
+€5.2m
-22.2%PS5.9x
IVU IVU Traffic Technologies€21.000.5%
+€1.7m
35.5%PE27x

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