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German (DAX) Telecom Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies43
- 7D-2.6%
- 3M5.9%
- 1Y22.6%
- YTD20.6%
Over the last 7 days, the Telecom industry has dropped 2.6%, driven by a pullback from Deutsche Telekom of 3.0%. Over the past 12 months, the industry was up 23%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | €200.0b | €157.3b | €7.7b | 23.7x | 25.9x | 1.3x |
| Mon, 18 Nov 2024 | €205.3b | €157.6b | €7.6b | 23.5x | 27x | 1.3x |
| Wed, 16 Oct 2024 | €204.7b | €156.7b | €6.7b | 27.8x | 30.7x | 1.3x |
| Fri, 13 Sep 2024 | €190.9b | €157.8b | €7.1b | 26.4x | 26.8x | 1.2x |
| Sun, 11 Aug 2024 | €179.3b | €157.5b | €7.1b | 24.1x | 25.3x | 1.1x |
| Tue, 09 Jul 2024 | €178.1b | €156.1b | €6.6b | 23.7x | 27x | 1.1x |
| Thu, 06 Jun 2024 | €173.1b | €156.2b | €6.6b | 25.1x | 26.2x | 1.1x |
| Sat, 04 May 2024 | €167.7b | €155.9b | €6.3b | 19.7x | 26.7x | 1.1x |
| Mon, 01 Apr 2024 | €171.9b | €155.9b | €6.3b | 26.5x | 27.3x | 1.1x |
| Wed, 28 Feb 2024 | €169.0b | €156.3b | €6.4b | 27.2x | 26.3x | 1.1x |
| Fri, 26 Jan 2024 | €217.0b | €158.9b | €9.1b | 27.8x | 23.9x | 1.4x |
| Sun, 24 Dec 2023 | €208.3b | €159.0b | €9.1b | 26.6x | 22.9x | 1.3x |
| Tue, 21 Nov 2023 | €206.4b | €159.0b | €9.1b | 25.4x | 22.8x | 1.3x |
| Thu, 19 Oct 2023 | €197.2b | €160.2b | €8.5b | 24x | 23.2x | 1.2x |
| Sat, 16 Sep 2023 | €198.1b | €160.5b | €8.4b | 22.7x | 23.7x | 1.2x |
| Mon, 14 Aug 2023 | €188.1b | €160.5b | €8.4b | 21.8x | 22.4x | 1.2x |
| Wed, 12 Jul 2023 | €192.2b | €160.9b | €8.6b | 24.1x | 22.4x | 1.2x |
| Fri, 09 Jun 2023 | €191.5b | €160.7b | €8.5b | 23.3x | 22.6x | 1.2x |
| Sun, 07 May 2023 | €172.4b | €158.0b | €10.0b | 18.9x | 17.2x | 1.1x |
| Tue, 04 Apr 2023 | €178.2b | €158.2b | €10.1b | 20.6x | 17.7x | 1.1x |
| Thu, 02 Mar 2023 | €173.9b | €157.4b | €10.1b | 19.6x | 17.3x | 1.1x |
| Sat, 28 Jan 2023 | €168.9b | €157.5b | €9.8b | 20.7x | 17.1x | 1.1x |
| Mon, 26 Dec 2022 | €156.4b | €157.5b | €9.9b | 18.3x | 15.9x | 1x |
| Wed, 23 Nov 2022 | €161.8b | €157.1b | €9.8b | 17.3x | 16.5x | 1x |
| Fri, 21 Oct 2022 | €147.7b | €154.3b | €9.7b | 14.5x | 15.2x | 1x |
| Sun, 18 Sep 2022 | €146.6b | €154.3b | €9.7b | 16.6x | 15.1x | 1x |
| Tue, 16 Aug 2022 | €150.7b | €153.7b | €9.8b | 20.5x | 15.3x | 1x |
| Thu, 14 Jul 2022 | €151.8b | €151.4b | €10.8b | 18.2x | 14.1x | 1x |
| Sat, 11 Jun 2022 | €151.1b | €151.2b | €10.6b | 19.3x | 14.2x | 1x |
| Mon, 09 May 2022 | €149.4b | €149.1b | €7.7b | 21.5x | 19.4x | 1x |
| Wed, 06 Apr 2022 | €152.5b | €148.6b | €7.7b | 21.7x | 19.8x | 1x |
| Fri, 04 Mar 2022 | €140.9b | €148.4b | €7.3b | 22.8x | 19.4x | 1x |
| Sun, 30 Jan 2022 | €144.6b | €147.0b | €8.4b | 26.3x | 17.3x | 1x |
| Tue, 28 Dec 2021 | €145.8b | €147.0b | €8.4b | 27.7x | 17.4x | 1x |
Price to Earnings Ratio
17.4x
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 25.9x which is higher than its 3-year average PE of 21.2x.
- 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 Market | -2.58% | |
| Telecom | -2.60% | |
| Entertainment | -0.54% | |
| Telecom Services and Carriers | -2.54% | |
| Interactive Media and Services | -2.63% | |
| Media | -4.26% | |
| Wireless Telecom | -5.31% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 28.8x.
- Analysts are expecting annual earnings growth of 17.5%, 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 11.7x.
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 3.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPG Springer Nature KGaA | €26.74 | 4.9% +€246.6m | n/a | PE343.1x | |
| WBAH Wild Bunch | €31.20 | 4.0% +€28.7m | 452.2% | n/a | |
| VTWR Vantage Towers | €37.60 | 0.1% +€25.3m | 1.6% | n/a | |
| M8G Verve Group | €3.32 | 0.9% +€5.6m | 219.8% | PE32x | |
| APM ad pepper media International | €2.02 | 9.8% +€4.0m | -17.2% | PE84.6x |
