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German (DAX) Telecom Services and Carriers Industry Analysis

UpdatedAug 03, 2025
DataAggregated Company Financials
Companies7
  • 7D13.6%
  • 3M-1.9%
  • 1Y23.8%
  • YTD-13.8%

Over the last 7 days, the Telecom Services and Carriers industry has risen 14%, driven by gains from Vantage Towers of 2.2%. In the last 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 5.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Aug 2025€623.8b€136.4b€12.5b19.6x49.7x4.6x
Tue, 01 Jul 2025€180.9b€135.5b€12.4b21.7x14.6x1.3x
Thu, 29 May 2025€192.5b€135.5b€12.4b21.4x15.6x1.4x
Sat, 26 Apr 2025€181.5b€133.6b€11.5b20.6x15.8x1.4x
Mon, 24 Mar 2025€193.9b€133.6b€11.5b21.8x16.8x1.5x
Wed, 19 Feb 2025€196.7b€132.2b€6.3b39.4x31.4x1.5x
Fri, 17 Jan 2025€176.6b€132.2b€6.3b39x28.2x1.3x
Sun, 15 Dec 2024€174.3b€132.2b€6.3b38.7x27.8x1.3x
Tue, 12 Nov 2024€170.1b€131.2b€5.3b33.1x32.4x1.3x
Thu, 10 Oct 2024€160.9b€131.2b€5.3b30.5x30.6x1.2x
Sat, 07 Sep 2024€157.3b€132.3b€5.7b35.4x27.5x1.2x
Mon, 05 Aug 2024€148.0b€131.1b€5.4b27x27.6x1.1x
Wed, 03 Jul 2024€146.0b€131.1b€5.4b26.4x27.2x1.1x
Fri, 31 May 2024€138.6b€131.1b€5.4b24.9x25.8x1.1x
Sun, 28 Apr 2024€137.8b€131.0b€5.1b23.8x27.2x1.1x
Tue, 26 Mar 2024€138.8b€131.0b€5.1b25.7x27.4x1.1x
Thu, 22 Feb 2024€140.2b€131.2b€7.0b18.4x20x1.1x
Sat, 20 Jan 2024€177.6b€133.3b€7.8b27.9x22.9x1.3x
Mon, 18 Dec 2023€169.5b€133.4b€7.8b27.8x21.9x1.3x
Wed, 15 Nov 2023€169.0b€133.4b€7.7b27.9x21.8x1.3x
Fri, 13 Oct 2023€161.2b€134.7b€7.3b20.6x22x1.2x
Sun, 10 Sep 2023€159.0b€134.7b€7.3b20.5x21.7x1.2x
Tue, 08 Aug 2023€151.8b€135.2b€7.2b23.2x21.2x1.1x
Thu, 06 Jul 2023€159.0b€135.2b€7.2b32.3x22.1x1.2x
Sat, 03 Jun 2023€155.2b€135.2b€7.1b33.4x21.9x1.1x
Mon, 01 May 2023€137.5b€132.7b€8.5b14.4x16.1x1x
Wed, 29 Mar 2023€137.5b€132.6b€8.5b16.8x16.1x1x
Fri, 24 Feb 2023€135.3b€132.6b€8.2b14.4x16.4x1x
Sun, 22 Jan 2023€128.6b€132.6b€8.2b13.7x15.6x1x
Tue, 20 Dec 2022€121.0b€132.5b€8.2b12.9x14.7x0.9x
Thu, 17 Nov 2022€121.9b€132.4b€8.4b12.9x14.5x0.9x
Sat, 15 Oct 2022€112.0b€130.0b€7.9b13.1x14.2x0.9x
Mon, 12 Sep 2022€122.0b€130.0b€7.9b14.4x15.5x0.9x
Wed, 10 Aug 2022€121.1b€128.4b€8.3b20.8x14.6x0.9x
Price to Earnings Ratio

14.6x


Total Market Cap: €121.1bTotal Earnings: €8.3bTotal Revenue: €128.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Telecom Services and Carriers Industry Price to Earnings3Y Average 21.5x202320242025
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 49.7x which is higher than its 3-year average PE of 21.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.0% 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 industry?

DE Market-0.22%
Telecom12.51%
Telecom Services and Carriers13.60%
Integrated Telecom Services13.60%
Alternative Carriers-2.94%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 4.1x.
    • Analysts are expecting annual earnings growth of 63.3% 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 21.4x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 63% over the next 5 years.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 5.3% 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
VTWR Vantage Towers€37.202.2%
+€404.6m
-1.6%n/a
KZTA Kazakhtelecom JSC€3.1021.1%
+€5.9m
n/aPE0.2x
E4C ecotel communication ag€13.403.9%
+€1.8m
-0.4%PE23.6x