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German (DAX) Utilities Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D-1.1%
  • 3M1.5%
  • 1Y17.9%
  • YTD14.0%

Over the last 7 days, the Utilities industry has dropped 1.1%, driven by a decline by Encavis of 5.5%. This takes the industry's 12 month performance to a gain of 18%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021€105.6b€218.8b€2.4b32.4x
Sun, 31 Oct 2021€109.2b€187.5b€5.7b25x
Tue, 28 Sep 2021€102.5b€185.9b€5.2b32.6x
Thu, 26 Aug 2021€102.9b€185.9b€5.2b31.7x
Fri, 02 Jul 2021€96.3b€185.9b€5.2b29.7x
Mon, 05 Apr 2021€120.9b€200.6b€4.5b23x
Thu, 07 Jan 2021€113.7b€188.8b€2.5b30.2x
Wed, 30 Sep 2020€111.8b€187.2b€2.0b31.6x
Sat, 04 Jul 2020€108.6b€183.6b€1.2b43.2x
Tue, 07 Apr 2020€97.7b€183.5b-€254,895,889.0028.2x
Fri, 10 Jan 2020€103.3b€183.7b€854.8m27.2x
Thu, 03 Oct 2019€98.3b€195.1b€717.5m29.6x
Sun, 07 Jul 2019€87.0b€199.1b€452.2m28.4x
Wed, 10 Apr 2019€89.0b€201.3b€2.0b21.8x
Tue, 01 Jan 2019€80.3b€199.2b€1.5b22.9x
PE Ratio


Total Market Cap: €81.3bTotal Earnings: €1.1bTotal Revenue: €188.0b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.4x. However, future earnings are expected to decline by 0.2% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Utilities industry have grown 31% per year over the last three years, and revenues for these companies have grown 5.2% 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?

Electric Utilities1.71%
Water Utilities1.35%
Other Utilities-1.92%
Renewable Energy-2.19%

Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 37.3x. This is likely because analysts are expecting annual earnings growth of 14%, which is higher than its past year's earnings growth of 7.1% per year. Meanwhile, investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 29.8x.

Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 14% over the next 5 years. This is better than it's past earnings growth rate of 7.1% per year. Meanwhile, the Other Utilities industry is expected to see its earnings decline by 5.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

RWE RWE1.6%+€358.2m1.1%PE10.6x
UN01 Uniper2.2%+€307.4m38.0%PS0.1x
LEC Lechwerke5.4%+€248.1m37.7%PE33.9x
EBK EnBW Energie Baden-Württemberg1.0%+€216.7m38.9%PE66x
MVV1 MVV Energie1.7%+€39.5m38.3%PE13.9x
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