Narrative Update • May 03

The Integrated Telecom Services industry is up 1.6% in the last week, with Deutsche Telekom up 1.2%. During this same period, the Telefónica Deutschland Holding underperformed, falling 5.1%. In the past year, the industry is down 11%. Earnings are forecast to grow by 9.2% annually.
Has the German Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 13 May 2026 | €163.6b | €137.3b | €10.4b | 27.5x | 15.7x | 1.2x |
| Fri, 10 Apr 2026 | €181.0b | €137.3b | €10.4b | 28.2x | 17.4x | 1.3x |
| Sun, 08 Mar 2026 | €189.1b | €137.5b | €10.3b | 26.9x | 18.4x | 1.4x |
| Tue, 03 Feb 2026 | €166.8b | €137.0b | €12.9b | 16.4x | 12.9x | 1.2x |
| Thu, 01 Jan 2026 | €161.2b | €136.2b | €12.5b | 15.7x | 12.9x | 1.2x |
| Sat, 29 Nov 2025 | €161.0b | €136.2b | €12.5b | 16.2x | 12.8x | 1.2x |
| Mon, 27 Oct 2025 | €168.1b | €135.8b | €13.1b | 17.4x | 12.9x | 1.2x |
| Wed, 24 Sep 2025 | €165.3b | €135.8b | €13.1b | 18.1x | 12.7x | 1.2x |
| Fri, 22 Aug 2025 | €634.7b | €136.6b | €13.3b | 19x | 47.9x | 4.6x |
| Sun, 20 Jul 2025 | €177.7b | €135.4b | €12.4b | 19.3x | 14.4x | 1.3x |
| Tue, 17 Jun 2025 | €182.2b | €135.4b | €12.4b | 20x | 14.7x | 1.3x |
| Thu, 15 May 2025 | €184.1b | €133.6b | €11.5b | 19.5x | 16x | 1.4x |
| Sat, 12 Apr 2025 | €178.5b | €133.6b | €11.5b | 19.7x | 15.5x | 1.3x |
| Mon, 10 Mar 2025 | €195.6b | €133.5b | €11.5b | 19.7x | 16.9x | 1.5x |
| Wed, 05 Feb 2025 | €187.3b | €132.1b | €6.3b | 26.4x | 29.9x | 1.4x |
| Fri, 03 Jan 2025 | €171.1b | €132.1b | €6.3b | 23.9x | 27.3x | 1.3x |
| Sun, 01 Dec 2024 | €176.8b | €132.1b | €6.3b | 24.8x | 28.2x | 1.3x |
| Tue, 29 Oct 2024 | €167.7b | €131.1b | €5.3b | 30.8x | 31.9x | 1.3x |
| Thu, 26 Sep 2024 | €159.6b | €132.2b | €5.7b | 30.7x | 27.9x | 1.2x |
| Sat, 24 Aug 2024 | €153.2b | €132.2b | €5.7b | 33.1x | 26.7x | 1.2x |
| Mon, 22 Jul 2024 | €148.4b | €131.1b | €5.4b | 27.1x | 27.6x | 1.1x |
| Wed, 19 Jun 2024 | €141.9b | €131.1b | €5.4b | 25.6x | 26.4x | 1.1x |
| Fri, 17 May 2024 | €138.2b | €130.9b | €5.1b | 26.5x | 27.3x | 1.1x |
| Sun, 14 Apr 2024 | €134.6b | €130.9b | €5.1b | 25.5x | 26.5x | 1x |
| Tue, 12 Mar 2024 | €137.9b | €130.8b | €5.1b | 25.6x | 27x | 1.1x |
| Thu, 08 Feb 2024 | €141.9b | €131.1b | €7.0b | 18.5x | 20.3x | 1.1x |
| Sat, 06 Jan 2024 | €174.0b | €133.2b | €7.8b | 27.8x | 22.4x | 1.3x |
| Mon, 04 Dec 2023 | €172.7b | €133.3b | €7.8b | 27.8x | 22.3x | 1.3x |
| Wed, 01 Nov 2023 | €161.0b | €134.6b | €7.3b | 19.2x | 21.9x | 1.2x |
| Fri, 29 Sep 2023 | €157.6b | €134.6b | €7.3b | 20.1x | 21.5x | 1.2x |
| Sun, 27 Aug 2023 | €154.0b | €134.6b | €7.4b | 20.4x | 20.9x | 1.1x |
| Tue, 25 Jul 2023 | €158.7b | €135.1b | €7.2b | 31x | 22.1x | 1.2x |
| Thu, 22 Jun 2023 | €155.3b | €135.1b | €7.1b | 32.5x | 21.9x | 1.1x |
| Sat, 20 May 2023 | €169.0b | €135.0b | €7.1b | 34.9x | 23.7x | 1.3x |
23.7x
How does German Integrated Telecom Services compare with similar industries?
| DE Market | -1.64% | |
| Telecom | 0.67% | |
| Telecom Services and Carriers | 0.81% | |
| Integrated Telecom Services | 0.81% | |
| Alternative Carriers | -1.17% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DTE Deutsche Telekom | €27.62 | 1.0% +€1.3b | -12.8% | PE13.8x | |
| UTDI United Internet | €27.50 | 4.8% +€217.8m | 24.3% | PE18.5x | |
| VTWR Vantage Towers | €38.40 | 0.5% +€101.2m | 2.7% | PE52.3x | |
| E4C ecotel communication ag | €8.15 | 2.5% +€708.6k | -37.3% | PE57750.6x |