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German (DAX) Telecom Sector Analysis

UpdatedApr 23, 2025
DataAggregated Company Financials
Companies46
  • 7D1.3%
  • 3M7.0%
  • 1Y33.6%
  • YTD9.4%

In the last week, the Telecom industry is up 1.3%, with Deutsche Telekom up 2.6%. This takes the industry's 12 month performance to a gain of 34%. Looking forward, earnings are forecast to grow by 2.8% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025€226.3b€160.6b€13.1b21.9x17.3x1.4x
Sat, 22 Mar 2025€234.4b€160.8b€13.1b23.2x17.9x1.5x
Mon, 17 Feb 2025€226.7b€157.3b€7.7b29.9x29.4x1.4x
Wed, 15 Jan 2025€207.8b€157.3b€7.7b25.7x26.9x1.3x
Fri, 13 Dec 2024€206.0b€157.3b€7.7b24.5x26.7x1.3x
Sun, 10 Nov 2024€205.4b€156.8b€6.7b25.6x30.8x1.3x
Tue, 08 Oct 2024€196.7b€156.7b€6.7b26.2x29.5x1.3x
Thu, 05 Sep 2024€188.9b€157.8b€7.1b26x26.5x1.2x
Sat, 03 Aug 2024€178.1b€156.2b€6.6b22x27x1.1x
Mon, 01 Jul 2024€175.6b€156.1b€6.6b23.9x26.6x1.1x
Wed, 29 May 2024€168.0b€156.2b€6.6b24.8x25.3x1.1x
Fri, 26 Apr 2024€168.3b€155.9b€6.3b26.2x26.8x1.1x
Sun, 24 Mar 2024€167.3b€155.8b€6.3b26.1x26.7x1.1x
Tue, 20 Feb 2024€169.8b€156.6b€8.3b25.6x20.4x1.1x
Thu, 18 Jan 2024€212.9b€158.9b€9.1b27.3x23.4x1.3x
Sat, 16 Dec 2023€206.4b€159.0b€9.1b25.8x22.7x1.3x
Mon, 13 Nov 2023€204.9b€160.4b€8.5b27x24.2x1.3x
Wed, 11 Oct 2023€196.9b€160.2b€8.5b24.6x23.2x1.2x
Fri, 08 Sep 2023€193.9b€160.5b€8.4b22.5x23.2x1.2x
Sun, 06 Aug 2023€188.5b€161.2b€8.4b21.9x22.5x1.2x
Tue, 04 Jul 2023€195.6b€160.4b€8.5b25.4x22.9x1.2x
Thu, 01 Jun 2023€199.7b€160.7b€8.5b23.1x23.6x1.2x
Sat, 29 Apr 2023€176.1b€158.2b€10.0b19.9x17.5x1.1x
Mon, 27 Mar 2023€174.4b€158.2b€10.1b20.3x17.2x1.1x
Wed, 22 Feb 2023€173.5b€157.5b€9.8b21.4x17.6x1.1x
Fri, 20 Jan 2023€166.8b€157.5b€9.8b20.3x16.9x1.1x
Sun, 18 Dec 2022€155.7b€157.5b€9.8b18.4x15.8x1x
Tue, 15 Nov 2022€159.0b€156.7b€10.2b16.6x15.6x1x
Thu, 13 Oct 2022€144.1b€154.3b€9.7b14.4x14.9x0.9x
Sat, 10 Sep 2022€150.4b€154.3b€9.7b16.6x15.5x1x
Mon, 08 Aug 2022€150.2b€151.8b€10.8b19.7x13.8x1x
Wed, 06 Jul 2022€149.4b€151.4b€10.8b18.3x13.9x1x
Fri, 03 Jun 2022€150.8b€144.5b€9.4b20.1x16x1x
Sun, 01 May 2022€154.3b€149.1b€7.6b23x20.3x1x
Price to Earnings Ratio

20.3x


Total Market Cap: €154.3bTotal Earnings: €7.6bTotal Revenue: €149.1bTotal Market Cap vs Earnings and Revenue0%0%0%
German Telecom Sector Price to Earnings3Y Average 21.7x202320242025
Current Industry PE
  • Investors are pessimistic on the German Communication Services 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 17.3x which is lower than its 3-year average PE of 21.7x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 2.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the German Telecom sector?

DE Market0.42%
Telecom1.34%
Wireless Telecom1.58%
Telecom Services and Carriers1.49%
Entertainment1.25%
Media0.22%
Interactive Media and Services-0.29%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 36.0x.
    • Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings decline of 9.3% per year.
  • Investors are most pessimistic about the Wireless Telecom industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 5.4% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DTE Deutsche Telekom€32.882.6%
+€4.0b
51.0%PE14.3x
VTWR Vantage Towers€37.601.6%
+€303.5m
0.4%n/a
SAX Ströer SE KGaA€52.505.1%
+€142.4m
-13.6%PE22.4x
EVD CTS Eventim KGaA€99.301.3%
+€120.0m
20.8%PE29.9x
WBAH Wild Bunch€34.407.5%
+€57.5m
514.3%n/a
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