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German (DAX) Telecom Sector Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies45
  • 7D-0.6%
  • 3M7.0%
  • 1Y-8.3%
  • YTD6.5%

Over the last 7 days, the Telecom industry has remained flat, although notably CTS Eventim KGaA declined by 22%. Unfortunately though, the industry is down 8.3% over the past 12 months. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Mar 2026€212.8b€164.3b€11.4b18.8x18.7x1.3x
Wed, 25 Feb 2026€220.8b€164.0b€14.0b21.6x15.7x1.3x
Fri, 23 Jan 2026€194.0b€163.9b€14.0b23.5x13.8x1.2x
Sun, 21 Dec 2025€195.1b€163.1b€13.7b21.8x14.3x1.2x
Tue, 18 Nov 2025€193.1b€162.6b€14.0b21.5x13.8x1.2x
Thu, 16 Oct 2025€206.6b€162.2b€14.4b23.9x14.4x1.3x
Sat, 13 Sep 2025€211.8b€162.2b€14.4b24.5x14.7x1.3x
Mon, 11 Aug 2025€661.0b€163.4b€14.5b22.4x45.5x4x
Wed, 09 Jul 2025€223.7b€162.7b€13.8b22.5x16.2x1.4x
Fri, 06 Jun 2025€238.9b€162.7b€13.8b25.6x17.3x1.5x
Sun, 04 May 2025€225.2b€160.6b€13.1b23.2x17.3x1.4x
Tue, 01 Apr 2025€235.0b€160.7b€13.1b22.8x18x1.5x
Thu, 27 Feb 2025€229.4b€157.3b€7.7b29.4x29.8x1.5x
Sat, 25 Jan 2025€204.4b€157.3b€7.7b27.4x26.4x1.3x
Mon, 23 Dec 2024€200.0b€157.3b€7.7b23.7x25.9x1.3x
Wed, 20 Nov 2024€205.3b€157.6b€7.6b23.1x26.9x1.3x
Fri, 18 Oct 2024€206.4b€156.7b€6.7b28x31x1.3x
Sun, 15 Sep 2024€192.4b€157.8b€7.1b26.5x26.9x1.2x
Tue, 13 Aug 2024€180.0b€157.6b€7.1b24.1x25.3x1.1x
Thu, 11 Jul 2024€177.7b€156.1b€6.6b23.6x26.9x1.1x
Sat, 08 Jun 2024€172.8b€156.2b€6.6b25.1x26.2x1.1x
Mon, 06 May 2024€167.5b€155.9b€6.3b19.7x26.7x1.1x
Wed, 03 Apr 2024€171.0b€155.9b€6.3b26.3x27.2x1.1x
Fri, 01 Mar 2024€168.5b€156.1b€6.4b27.6x26.4x1.1x
Sun, 28 Jan 2024€215.9b€158.9b€9.1b27.8x23.8x1.4x
Tue, 26 Dec 2023€208.3b€159.0b€9.1b26.6x22.9x1.3x
Thu, 23 Nov 2023€207.2b€159.0b€9.1b25.4x22.9x1.3x
Sat, 21 Oct 2023€194.7b€160.2b€8.5b22.8x22.9x1.2x
Mon, 18 Sep 2023€197.5b€160.5b€8.4b22.5x23.6x1.2x
Wed, 16 Aug 2023€188.9b€160.5b€8.4b21.8x22.5x1.2x
Fri, 14 Jul 2023€194.4b€160.9b€8.6b24.3x22.6x1.2x
Sun, 11 Jun 2023€192.5b€160.7b€8.5b23.1x22.7x1.2x
Tue, 09 May 2023€171.8b€158.0b€10.0b18.9x17.2x1.1x
Thu, 06 Apr 2023€181.3b€158.2b€10.1b21.4x18x1.1x
Price to Earnings Ratio

18x


Total Market Cap: €181.3bTotal Earnings: €10.1bTotal Revenue: €158.2bTotal Market Cap vs Earnings and Revenue0%0%0%
German Telecom Sector Price to Earnings3Y Average 22.8x202420252026
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 18.7x which is lower than its 3-year average PE of 22.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 4.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

DE Market-0.53%
Telecom-0.61%
Media1.25%
Telecom Services and Carriers0.039%
Wireless Telecom-1.02%
Interactive Media and Services-2.24%
Entertainment-20.41%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 39.1x.
    • Analysts are expecting annual earnings growth of 44.3%, which is higher than its past year's earnings decline of 11.7% 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 13.5x.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Wireless Telecom 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€31.690.5%
+€693.3m
-7.4%PE15.9x
RRTL RTL Group€35.602.9%
+€151.3m
2.0%PE234.2x
PSM ProSiebenSat.1 Media€3.993.6%
+€54.9m
-31.2%PS0.3x
TC1 Tele Columbus€0.837.8%
+€35.2m
33.9%PS1.1x
M8G Verve Group€1.382.8%
+€7.6m
-54.6%PE396.5x

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