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German (DAX) Telecom Sector Analysis

UpdatedJan 24, 2025
DataAggregated Company Financials
Companies45
  • 7D-0.5%
  • 3M4.0%
  • 1Y20.7%
  • YTD2.8%

Last week, the Telecom industry hasn't moved much but Springer Nature KGaA is up 6.8% in that time. The past year has been better, since the industry has gained 20% in that time. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

Has the German Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jan 2025€207.3b€157.3b€7.7b27.1x26.8x1.3x
Sun, 22 Dec 2024€200.0b€157.3b€7.7b23.7x25.9x1.3x
Tue, 19 Nov 2024€205.6b€157.6b€7.6b23.4x27x1.3x
Thu, 17 Oct 2024€205.8b€156.7b€6.7b28x30.9x1.3x
Sat, 14 Sep 2024€192.7b€157.8b€7.1b26.5x27x1.2x
Mon, 12 Aug 2024€179.3b€157.6b€7.1b24.1x25.1x1.1x
Wed, 10 Jul 2024€176.3b€156.1b€6.6b23.6x26.7x1.1x
Fri, 07 Jun 2024€173.2b€156.2b€6.6b25.1x26.3x1.1x
Sun, 05 May 2024€167.5b€155.9b€6.3b19.7x26.7x1.1x
Tue, 02 Apr 2024€171.9b€155.9b€6.3b26.5x27.3x1.1x
Thu, 29 Feb 2024€168.5b€156.3b€6.4b27.1x26.3x1.1x
Sat, 27 Jan 2024€216.2b€158.9b€9.1b27.8x23.8x1.4x
Mon, 25 Dec 2023€208.3b€159.0b€9.1b26.6x22.9x1.3x
Wed, 22 Nov 2023€206.2b€159.0b€9.1b25.4x22.8x1.3x
Fri, 20 Oct 2023€195.9b€160.2b€8.5b23.6x23x1.2x
Sun, 17 Sep 2023€197.5b€160.5b€8.4b22.5x23.6x1.2x
Tue, 15 Aug 2023€189.4b€160.5b€8.4b22.1x22.5x1.2x
Thu, 13 Jul 2023€193.6b€160.9b€8.6b24.4x22.5x1.2x
Sat, 10 Jun 2023€192.5b€160.7b€8.5b23.1x22.7x1.2x
Mon, 08 May 2023€172.4b€158.0b€10.0b18.9x17.2x1.1x
Wed, 05 Apr 2023€178.2b€158.2b€10.1b21.2x17.7x1.1x
Fri, 03 Mar 2023€173.9b€157.6b€10.1b19.6x17.2x1.1x
Sun, 29 Jan 2023€168.9b€157.5b€9.8b20.7x17.1x1.1x
Tue, 27 Dec 2022€156.4b€157.5b€9.8b18.3x15.9x1x
Thu, 24 Nov 2022€161.8b€157.4b€9.8b17.6x16.5x1x
Sat, 22 Oct 2022€145.9b€154.3b€9.7b14.6x15.1x0.9x
Mon, 19 Sep 2022€146.6b€154.3b€9.7b16.6x15.1x1x
Wed, 17 Aug 2022€152.9b€153.7b€9.8b20.5x15.6x1x
Fri, 15 Jul 2022€148.8b€151.4b€10.8b18x13.8x1x
Sun, 12 Jun 2022€150.9b€151.3b€10.6b19.3x14.2x1x
Tue, 10 May 2022€147.6b€149.1b€7.7b21x19.2x1x
Thu, 07 Apr 2022€152.1b€148.6b€7.7b21.5x19.8x1x
Sat, 05 Mar 2022€137.0b€148.4b€7.2b22.2x18.9x0.9x
Mon, 31 Jan 2022€144.4b€147.0b€8.4b26.3x17.3x1x
Price to Earnings Ratio

17.3x


Total Market Cap: €144.4bTotal Earnings: €8.4bTotal Revenue: €147.0bTotal Market Cap vs Earnings and Revenue0%0%0%
German Telecom Sector Price to Earnings3Y Average 21.4x202320242025
Current Industry PE
  • Investors are optimistic on the German Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.0x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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 Telecom sector?

DE Market2.75%
Telecom-0.54%
Media2.50%
Interactive Media and Services2.07%
Entertainment1.25%
Wireless Telecom-0.53%
Telecom Services and Carriers-0.91%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 34.7x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 9.1% per year.
  • Investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 3.3% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 3.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SPG Springer Nature KGaA€25.886.8%
+€326.2m
n/aPE332.1x
G24 Scout24€91.802.6%
+€165.0m
37.1%PE37.8x
SAX Ströer SE KGaA€56.102.8%
+€86.6m
2.0%PE27.1x
EVD CTS Eventim KGaA€90.451.0%
+€86.4m
48.9%PE34.5x
PSM ProSiebenSat.1 Media€5.326.8%
+€76.4m
-12.7%PS0.3x
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