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German (DAX) Telecom Services and Carriers Industry Analysis

UpdatedSep 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-4.4%
  • 3M-3.1%
  • 1Y10.1%
  • YTD3.6%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.4%, driven by a pullback from Deutsche Telekom of 5.2%. In the past year, the industry has gained 10%. Looking forward, earnings are forecast to grow by 4.3% annually.

Industry Valuation and Performance

Has the German Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Sep 2025€173.3b€135.9b€13.1b20.7x13.3x1.3x
Tue, 12 Aug 2025€622.4b€136.7b€13.3b20.8x47x4.6x
Thu, 10 Jul 2025€181.8b€135.5b€12.4b21.3x14.7x1.3x
Sat, 07 Jun 2025€194.9b€135.5b€12.4b21.1x15.8x1.4x
Mon, 05 May 2025€184.1b€133.6b€11.5b21x16x1.4x
Wed, 02 Apr 2025€198.0b€133.6b€11.5b21.1x17.2x1.5x
Fri, 28 Feb 2025€196.7b€137.6b€11.5b36.9x17.1x1.4x
Sun, 26 Jan 2025€171.8b€132.2b€6.3b38.1x27.4x1.3x
Tue, 24 Dec 2024€169.4b€132.2b€6.3b37.9x27x1.3x
Thu, 21 Nov 2024€169.8b€132.1b€6.3b37.3x27.1x1.3x
Sat, 19 Oct 2024€168.3b€131.2b€5.3b31x32x1.3x
Mon, 16 Sep 2024€161.3b€132.3b€5.7b36.1x28.2x1.2x
Wed, 14 Aug 2024€150.8b€132.3b€5.7b31.9x26.3x1.1x
Fri, 12 Jul 2024€146.6b€131.1b€5.4b26.6x27.3x1.1x
Sun, 09 Jun 2024€141.4b€131.1b€5.4b25.4x26.3x1.1x
Tue, 07 May 2024€137.2b€131.0b€5.1b24.6x27x1x
Thu, 04 Apr 2024€140.4b€131.0b€5.1b25.6x27.7x1.1x
Sat, 02 Mar 2024€139.0b€130.8b€5.1b26.7x27.3x1.1x
Mon, 29 Jan 2024€177.8b€133.3b€7.8b27.8x22.9x1.3x
Wed, 27 Dec 2023€171.0b€133.4b€7.8b27.9x22.1x1.3x
Fri, 24 Nov 2023€170.3b€133.4b€7.7b27.9x22x1.3x
Sun, 22 Oct 2023€160.0b€134.7b€7.3b19.9x21.8x1.2x
Tue, 19 Sep 2023€161.7b€134.7b€7.3b21.1x22x1.2x
Thu, 17 Aug 2023€152.7b€134.7b€7.3b20.5x20.8x1.1x
Sat, 15 Jul 2023€158.5b€135.2b€7.2b31.5x22.1x1.2x
Mon, 12 Jun 2023€154.7b€135.2b€7.1b33.2x21.8x1.1x
Wed, 10 May 2023€135.0b€132.7b€8.5b14.1x15.8x1x
Fri, 07 Apr 2023€141.3b€132.6b€8.5b17.2x16.5x1.1x
Sun, 05 Mar 2023€135.6b€132.6b€8.6b14x15.9x1x
Tue, 31 Jan 2023€130.1b€132.6b€8.2b13.9x15.8x1x
Thu, 29 Dec 2022€121.0b€132.6b€8.2b12.9x14.7x0.9x
Sat, 26 Nov 2022€126.2b€132.5b€8.2b13.5x15.4x1x
Mon, 24 Oct 2022€112.2b€130.0b€7.9b13.3x14.3x0.9x
Wed, 21 Sep 2022€117.9b€130.0b€7.9b13.8x15x0.9x
Price to Earnings Ratio

15x


Total Market Cap: €117.9bTotal Earnings: €7.9bTotal Revenue: €130.0bTotal Market Cap vs Earnings and Revenue0%0%0%
German Telecom Services and Carriers Industry Price to Earnings3Y Average 22.7x202320242025
Current Industry PE
  • Investors are pessimistic on the German Telecom 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 13.3x which is lower than its 3-year average PE of 22.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 18% 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 industry?

DE Market-0.033%
Telecom-3.66%
Telecom Services and Carriers-4.38%
Alternative Carriers-2.27%
Integrated Telecom Services-4.39%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 12.0x.
    • Analysts are expecting annual earnings growth of 68.2%, which is higher than its past year's earnings decline of 8.8% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 22.6x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings decline of 8.8% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 4.3% 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
UTDI United Internet€27.080.4%
+€20.7m
42.5%PE37.8x
E4C ecotel communication ag€13.500.7%
+€352.1k
5.1%PE23.7x