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German (DAX) Utilities Sector Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies16
  • 7D0.5%
  • 3M-8.8%
  • 1Y-10.6%
  • YTD-9.6%

Last week, the Utilities industry hasn't moved much but EnBW Energie Baden-Württemberg is up 5.7% in that time. Unfortunately though, the industry is down 8.7% over the past 12 months. As for the next few years, earnings are forecast to decline by 10% per annum.

Sector Valuation and Performance

Has the German Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Mar 2024€110.6b€315.6b€12.9b16.2x8.5x0.4x
Thu, 22 Feb 2024€108.5b€352.0b€43.6b15.4x2.5x0.3x
Sat, 20 Jan 2024€118.3b€351.8b€44.3b15.9x2.7x0.3x
Mon, 18 Dec 2023€132.0b€351.8b€44.3b15.6x3x0.4x
Wed, 15 Nov 2023€131.0b€360.6b€42.0b15.4x3.1x0.4x
Fri, 13 Oct 2023€132.5b€445.4b€15.1b16.8x8.8x0.3x
Sun, 10 Sep 2023€141.0b€445.9b€15.0b14.3x9.4x0.3x
Tue, 08 Aug 2023€145.9b€459.6b€14.1b14.1x10.3x0.3x
Thu, 06 Jul 2023€141.2b€489.6b€2.3b21.8x62.6x0.3x
Sat, 03 Jun 2023€150.3b€489.6b€2.3b22.5x66.6x0.3x
Mon, 01 May 2023€135.0b€515.5b-€7,240,647,077.0027.1x-18.6x0.3x
Wed, 29 Mar 2023€124.9b€454.2b-€6,718,947,077.0022.1x-18.6x0.3x
Fri, 24 Feb 2023€86.0b€464.0b-€7,738,604,077.0031.9x-11.1x0.2x
Sun, 22 Jan 2023€61.1b€189.5b€5.5b35.7x11x0.3x
Tue, 20 Dec 2022€58.6b€189.5b€5.5b34.9x10.6x0.3x
Thu, 17 Nov 2022€58.0b€167.5b€6.1b30x9.6x0.3x
Sat, 15 Oct 2022€80.9b€205.6b€7.4b24.1x10.9x0.4x
Mon, 12 Sep 2022€89.4b€205.5b€7.4b34.1x12.1x0.4x
Wed, 10 Aug 2022€97.7b€385.6b€6.7m41.3x14683.1x0.3x
Fri, 08 Jul 2022€88.3b€385.6b€6.7m37.5x13274.3x0.2x
Sun, 05 Jun 2022€107.2b€385.6b€2.1m38.8x50394.3x0.3x
Tue, 03 May 2022€107.6b€316.1b€2.3b40.7x45.9x0.3x
Thu, 31 Mar 2022€105.7b€311.3b€2.2b45.6x48.2x0.3x
Sat, 26 Feb 2022€105.8b€219.6b€2.3b42.2x46.7x0.5x
Mon, 24 Jan 2022€110.4b€219.1b€2.4b36.8x45.8x0.5x
Wed, 22 Dec 2021€109.6b€219.1b€2.4b34.1x45.3x0.5x
Fri, 19 Nov 2021€109.8b€220.0b€2.8b23.3x38.7x0.5x
Sun, 17 Oct 2021€102.6b€186.3b€5.3b31.9x19.4x0.6x
Tue, 14 Sep 2021€103.7b€185.9b€5.2b31.9x20x0.6x
Thu, 12 Aug 2021€99.6b€185.9b€5.2b31.9x19.2x0.5x
Mon, 07 Jun 2021€120.9b€200.6b€4.5b23.6x26.6x0.6x
Price to Earnings Ratio

26.6x


Total Market Cap: €120.9bTotal Earnings: €4.5bTotal Revenue: €200.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German Utilities Sector Price to Earnings3Y Average 2290x202220232024
Current Industry PE
  • Investors are pessimistic on the German Utilities 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 8.5x which is lower than its 3-year average PE of 2kx.
  • The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 42% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Utilities sector?

DE Market1.58%
Utilities0.46%
Electric Utilities5.26%
Other Utilities0.11%
Gas Utilities0%
Water Utilities0%
Renewable Energy-1.34%
Industry PE
  • Investors are most optimistic about the Other Utilities industry, which is trading close to its 3-year average PE ratio of 50.2x.
    • Analysts are expecting annual earnings growth of 19.4%, which is higher than its past year's earnings decline of 42.3% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 33.3x.
Forecasted Growth
  • Analysts are most optimistic on the Other Utilities industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 42% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 30% 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
EBK EnBW Energie Baden-Württemberg€73.605.7%
+€1.1b
-11.8%PE4.9x
RWE RWE€31.170.7%
+€171.1m
-18.3%PE16x
WWG Gelsenwasser€700.004.5%
+€103.1m
-32.0%PE23.1x
AB9 ABO Wind€59.4011.7%
+€57.2m
-20.4%PE20.1x
LEC Lechwerke€69.501.5%
+€35.4m
-31.2%PE16.3x
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Latest News

AB9

€59.40

ABO Wind

7D

11.7%

1Y

-20.4%

HRPK

€3.31

7C Solarparken

7D

1.5%

1Y

-11.7%

EBK

€73.60

EnBW Energie Baden-Württemberg

7D

5.7%

1Y

-11.8%

LEC

€69.50

Lechwerke

7D

1.5%

1Y

-31.2%

UN0

€52.10

Uniper

7D

-3.9%

1Y

-21.6%

XX1

€1.19

Abo Kraft & Wärme

7D

2.6%

1Y

n/a

ABO

€2.09

clearvise

7D

-1.4%

1Y

-9.1%