Have your own idea? Try our Stock Screener
German (DAX) Utilities Sector Analysis
UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies13
- 7D-0.3%
- 3M13.1%
- 1Y30.0%
- YTD9.0%
In the last week, the Utilities industry is flat overall, with EnBW Energie Baden-Württemberg standing out by going down 4.5%. The past year has been better, since the industry has gained 30% in that time. As for the next few years, earnings are expected to grow by 12% per annum.
Sector Valuation and Performance
Has the German Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 25 Feb 2026 | €131.9b | €220.5b | €6.0b | 17.4x | 21.9x | 0.6x |
| Fri, 23 Jan 2026 | €126.4b | €220.8b | €6.1b | 16.7x | 20.7x | 0.6x |
| Sun, 21 Dec 2025 | €118.1b | €220.6b | €6.1b | 16.2x | 19.3x | 0.5x |
| Tue, 18 Nov 2025 | €116.4b | €220.7b | €6.1b | 15.2x | 19x | 0.5x |
| Thu, 16 Oct 2025 | €116.4b | €226.9b | €6.3b | 13.6x | 18.3x | 0.5x |
| Sat, 13 Sep 2025 | €115.7b | €227.4b | €6.2b | 13.3x | 18.7x | 0.5x |
| Mon, 11 Aug 2025 | €117.3b | €212.1b | €9.0b | 13.7x | 13x | 0.6x |
| Wed, 09 Jul 2025 | €114.1b | €228.6b | €9.9b | 14.5x | 11.5x | 0.5x |
| Fri, 06 Jun 2025 | €112.4b | €228.6b | €9.9b | 13.9x | 11.4x | 0.5x |
| Sun, 04 May 2025 | €113.0b | €226.0b | €11.5b | 17.6x | 9.8x | 0.5x |
| Tue, 01 Apr 2025 | €110.1b | €229.7b | €11.7b | 17.4x | 9.4x | 0.5x |
| Thu, 27 Feb 2025 | €103.2b | €256.0b | €6.0b | 20.7x | 17.3x | 0.4x |
| Sat, 25 Jan 2025 | €97.4b | €264.6b | €3.0b | 18.3x | 32x | 0.4x |
| Mon, 23 Dec 2024 | €94.5b | €264.6b | €3.0b | 18.2x | 31.1x | 0.4x |
| Wed, 20 Nov 2024 | €100.5b | €267.0b | €3.0b | 19.4x | 33.3x | 0.4x |
| Fri, 18 Oct 2024 | €106.2b | €235.4b | €3.9b | 21.4x | 27.4x | 0.5x |
| Sun, 15 Sep 2024 | €107.7b | €236.1b | €3.9b | 17.2x | 27.3x | 0.5x |
| Tue, 13 Aug 2024 | €103.5b | €262.6b | €4.1b | 18.5x | 25.5x | 0.4x |
| Thu, 11 Jul 2024 | €106.3b | €264.6b | €3.8b | 18.5x | 28.3x | 0.4x |
| Sat, 08 Jun 2024 | €109.6b | €264.7b | €3.8b | 19.1x | 29.1x | 0.4x |
| Mon, 06 May 2024 | €110.9b | €302.5b | €10.4b | 18x | 10.7x | 0.4x |
| Wed, 03 Apr 2024 | €110.5b | €302.6b | €10.4b | 18.4x | 10.6x | 0.4x |
| Fri, 01 Mar 2024 | €104.9b | €352.0b | €43.6b | 14.9x | 2.4x | 0.3x |
| Sun, 28 Jan 2024 | €115.0b | €351.8b | €44.3b | 16.2x | 2.6x | 0.3x |
| Tue, 26 Dec 2023 | €121.3b | €351.8b | €44.3b | 15.4x | 2.7x | 0.3x |
| Thu, 23 Nov 2023 | €130.0b | €351.6b | €44.1b | 15.4x | 2.9x | 0.4x |
| Sat, 21 Oct 2023 | €122.9b | €445.4b | €15.1b | 16x | 8.1x | 0.3x |
| Mon, 18 Sep 2023 | €142.6b | €445.9b | €15.0b | 14x | 9.5x | 0.3x |
| Wed, 16 Aug 2023 | €145.1b | €461.3b | €14.8b | 13.7x | 9.8x | 0.3x |
| Fri, 14 Jul 2023 | €140.0b | €489.6b | €2.3b | 21.4x | 62.1x | 0.3x |
| Sun, 11 Jun 2023 | €146.2b | €489.6b | €2.3b | 22.1x | 64.8x | 0.3x |
| Tue, 09 May 2023 | €136.1b | €481.3b | €2.0b | 26.7x | 68.1x | 0.3x |
| Thu, 06 Apr 2023 | €134.0b | €510.9b | -€6,745,021,077.00 | 22.3x | -19.9x | 0.3x |
| Sat, 04 Mar 2023 | €86.1b | €464.0b | -€7,738,604,077.00 | 30.9x | -11.1x | 0.2x |
Price to Earnings Ratio
-11.1x
Current Industry PE
- Investors are optimistic on the German Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.9x which is higher than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 22% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the German Utilities sector?
| DE Market | 0.30% | |
| Utilities | -0.31% | |
| Water Utilities | 1.00% | |
| Renewable Energy | 0.71% | |
| Other Utilities | 0.48% | |
| Gas Utilities | 0% | 0 |
| Electric Utilities | -4.07% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 34.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Other Utilities industry is expected to see its earnings grow by 4.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EOAN E.ON | €19.36 | 4.2% +€2.0b | 55.8% | PE16.9x | |
| RWE RWE | €54.26 | 2.9% +€1.1b | 76.9% | PE17.9x | |
| MVV1 MVV Energie | €32.00 | 2.6% +€52.7m | 1.9% | PE19.2x | |
| MNV6 Mainova | €360.00 | 1.1% +€26.7m | 5.3% | PE11x | |
| UN0 Uniper | €35.35 | 0.1% +€20.8m | -21.5% | PE258.3x |
