German (DAX) Telecom Services and Carriers Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 21 Nov 2024	€169.8b	€132.1b	€6.3b	37.3x	27.1x	1.3x
Sat, 19 Oct 2024	€168.3b	€131.2b	€5.3b	31x	32x	1.3x
Mon, 16 Sep 2024	€161.3b	€132.3b	€5.7b	36.1x	28.2x	1.2x
Wed, 14 Aug 2024	€150.8b	€132.3b	€5.7b	31.9x	26.3x	1.1x
Fri, 12 Jul 2024	€146.6b	€131.1b	€5.4b	26.6x	27.3x	1.1x
Sun, 09 Jun 2024	€141.4b	€131.1b	€5.4b	25.4x	26.3x	1.1x
Tue, 07 May 2024	€137.2b	€131.0b	€5.1b	24.6x	27x	1x
Thu, 04 Apr 2024	€140.4b	€131.0b	€5.1b	25.6x	27.7x	1.1x
Sat, 02 Mar 2024	€139.0b	€130.8b	€5.1b	26.7x	27.3x	1.1x
Mon, 29 Jan 2024	€177.8b	€133.3b	€7.8b	27.8x	22.9x	1.3x
Wed, 27 Dec 2023	€171.0b	€133.4b	€7.8b	27.9x	22.1x	1.3x
Fri, 24 Nov 2023	€170.3b	€133.4b	€7.7b	27.9x	22x	1.3x
Sun, 22 Oct 2023	€160.0b	€134.7b	€7.3b	19.9x	21.8x	1.2x
Tue, 19 Sep 2023	€161.7b	€134.7b	€7.3b	21.1x	22x	1.2x
Thu, 17 Aug 2023	€152.7b	€134.7b	€7.3b	20.5x	20.8x	1.1x
Sat, 15 Jul 2023	€158.5b	€135.2b	€7.2b	31.5x	22.1x	1.2x
Mon, 12 Jun 2023	€154.7b	€135.2b	€7.1b	33.2x	21.8x	1.1x
Wed, 10 May 2023	€135.0b	€132.7b	€8.5b	14.1x	15.8x	1x
Fri, 07 Apr 2023	€141.3b	€132.6b	€8.5b	17.2x	16.5x	1.1x
Sun, 05 Mar 2023	€135.6b	€132.6b	€8.6b	14x	15.9x	1x
Tue, 31 Jan 2023	€130.1b	€132.6b	€8.2b	13.9x	15.8x	1x
Thu, 29 Dec 2022	€121.0b	€132.6b	€8.2b	12.9x	14.7x	0.9x
Sat, 26 Nov 2022	€126.2b	€132.5b	€8.2b	13.5x	15.4x	1x
Mon, 24 Oct 2022	€112.2b	€130.0b	€7.9b	13.3x	14.3x	0.9x
Wed, 21 Sep 2022	€117.9b	€130.0b	€7.9b	13.8x	15x	0.9x
Fri, 19 Aug 2022	€120.4b	€130.0b	€7.9b	13.8x	15.3x	0.9x
Sun, 17 Jul 2022	€122.6b	€128.2b	€8.2b	19.4x	14.9x	1x
Tue, 14 Jun 2022	€117.2b	€128.1b	€8.1b	21.5x	14.4x	0.9x
Thu, 12 May 2022	€117.8b	€126.3b	€5.1b	20.8x	23.3x	0.9x
Sat, 09 Apr 2022	€116.1b	€126.3b	€5.1b	28.9x	22.9x	0.9x
Mon, 07 Mar 2022	€103.4b	€126.2b	€5.0b	26.7x	20.5x	0.8x
Wed, 02 Feb 2022	€108.6b	€124.8b	€6.2b	37.5x	17.6x	0.9x
Fri, 31 Dec 2021	€108.0b	€124.8b	€6.2b	42.3x	17.5x	0.9x
Sun, 28 Nov 2021	€105.2b	€124.7b	€6.3b	19.4x	16.6x	0.8x

Current Industry PE

Investors are optimistic on the German Telecom industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 20.8x.

The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.

Past Earnings Growth

Both revenue and earnings for companies in the Telecom industry have remained mostly flat over the last three years.
This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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


DE Market	-0.41%
Telecom	2.43%
Telecom Services and Carriers	2.93%
Integrated Telecom Services	2.93%
Alternative Carriers	-6.92%

Industry PE

Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 73.9% and investors are willing to pay a premium for that growth.

Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 20.8x.

Forecasted Growth

Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 74% over the next 5 years.

In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 18% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
DTE Deutsche Telekom	€28.80	3.4% +€4.6b	32.5%	PE23.6x
VTWR Vantage Towers	€38.95	1.0% +€202.3m	6.7%	n/a
E4C ecotel communication ag	€13.45	1.1% +€527.4k	-15.1%	PE51.1x

Company

Last Price

Valuation

DTE Deutsche Telekom

€28.80

3.4%
+€4.6b

32.5%

PE23.6x

VTWR Vantage Towers

€38.95

1.0%
+€202.3m

6.7%