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German (DAX) Telecom Sector Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies44
- 7D-1.3%
- 3M2.7%
- 1Y6.6%
- YTD0.2%
Over the last 7 days, the Telecom industry has dropped 1.3%, driven by a pullback from Deutsche Telekom of 1.5%. On the other hand New Work is actually up 11%. In the past year, the industry has gained 6.6%. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | €161.0b | €157.4b | €9.8b | 19.6x | 16.4x | 1x |
| Sat, 29 Oct 2022 | €153.6b | €154.3b | €9.7b | 16x | 15.9x | 1x |
| Mon, 26 Sep 2022 | €141.0b | €154.3b | €9.7b | 16x | 14.5x | 0.9x |
| Wed, 24 Aug 2022 | €149.0b | €153.7b | €9.7b | 19.5x | 15.4x | 1x |
| Fri, 22 Jul 2022 | €150.2b | €151.4b | €10.8b | 17.9x | 13.9x | 1x |
| Sun, 19 Jun 2022 | €148.2b | €151.4b | €10.7b | 18.3x | 13.8x | 1x |
| Tue, 17 May 2022 | €153.6b | €149.3b | €7.6b | 19.9x | 20.1x | 1x |
| Thu, 14 Apr 2022 | €151.7b | €148.6b | €7.7b | 22.1x | 19.7x | 1x |
| Sat, 12 Mar 2022 | €142.7b | €148.4b | €7.2b | 22.6x | 19.8x | 1x |
| Mon, 07 Feb 2022 | €147.4b | €147.0b | €8.4b | 25.3x | 17.6x | 1x |
| Wed, 05 Jan 2022 | €147.8b | €147.0b | €8.4b | 29x | 17.7x | 1x |
| Fri, 03 Dec 2021 | €142.6b | €146.9b | €8.5b | 22.4x | 16.7x | 1x |
| Sun, 31 Oct 2021 | €145.1b | €145.6b | €8.1b | 21.9x | 17.9x | 1x |
| Tue, 28 Sep 2021 | €154.2b | €145.5b | €8.1b | 24.2x | 19.1x | 1.1x |
| Thu, 26 Aug 2021 | €156.5b | €146.0b | €8.1b | 23.3x | 19.3x | 1.1x |
| Fri, 02 Jul 2021 | €151.1b | €146.0b | €8.1b | 21.9x | 18.6x | 1x |
| Mon, 05 Apr 2021 | €145.5b | €145.0b | €6.5b | 24.2x | 22.3x | 1x |
| Thu, 07 Jan 2021 | €119.8b | €137.9b | €5.9b | 21.7x | 20.3x | 0.9x |
| Wed, 30 Sep 2020 | €113.0b | €132.3b | €5.1b | 20.2x | 22.2x | 0.9x |
| Sat, 04 Jul 2020 | €116.7b | €126.4b | €5.3b | 19.2x | 21.9x | 0.9x |
| Tue, 07 Apr 2020 | €95.5b | €120.2b | €5.9b | 19.3x | 16.2x | 0.8x |
| Fri, 10 Jan 2020 | €119.4b | €119.9b | €6.1b | 23.9x | 19.7x | 1x |
Price to Earnings Ratio
26.5x
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 16.4x which is lower than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 9.8% 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 Market | -0.33% | |
| Telecom | -1.26% | |
| Entertainment | 0.47% | |
| Interactive Media and Services | 0.36% | |
| Media | -0.34% | |
| Wireless Telecom | -1.52% | |
| Telecom Services and Carriers | -1.56% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 13.5%, which is lower than the prior year's growth of 50.5% per year.
- Investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 58% per year.
- In contrast, the Media industry is expected to see its earnings grow by 9.8% 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 | |
|---|---|---|---|---|---|
| NWO New Work | €159.80 | 11.0% +€88.8m | -20.1% | PE20.4x | |
| KD8 Kabel Deutschland Holding | €94.00 | 1.1% +€88.5m | -10.5% | n/a | |
| UTDI United Internet | €20.18 | 2.2% +€80.3m | -38.6% | PE9.8x | |
| EVD CTS Eventim KGaA | €59.40 | 1.4% +€76.8m | 4.1% | PE30.8x | |
| NFN NFON | €6.28 | 5.4% +€5.3m | -59.0% | PS1.3x |
