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German (DAX) Utilities Sector Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies14
  • 7D-1.0%
  • 3M3.0%
  • 1Y10.1%
  • YTD16.7%

Over the last 7 days, the Utilities industry has remained flat, although notably Uniper gained 5.7%. The past year has been better, since the industry has gained 13% in that time. Earnings are forecast to grow by 7.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025€117.0b€226.9b€7.6b13.6x15.4x0.5x
Sun, 13 Jul 2025€115.0b€228.6b€9.9b14.9x11.6x0.5x
Tue, 10 Jun 2025€111.9b€228.6b€9.9b13.7x11.3x0.5x
Thu, 08 May 2025€113.9b€223.4b€11.4b14.5x10x0.5x
Sat, 05 Apr 2025€107.3b€229.8b€11.7b17.2x9.2x0.5x
Mon, 03 Mar 2025€102.5b€255.6b€8.7b20.7x11.8x0.4x
Wed, 29 Jan 2025€97.5b€264.6b€3.0b18.4x32.1x0.4x
Fri, 27 Dec 2024€94.6b€264.6b€3.0b18.5x31.1x0.4x
Sun, 24 Nov 2024€100.6b€264.9b€3.0b19x33.3x0.4x
Tue, 22 Oct 2024€106.1b€235.4b€3.9b21.6x27.4x0.5x
Thu, 19 Sep 2024€107.9b€236.1b€3.9b17.1x27.3x0.5x
Sat, 17 Aug 2024€103.6b€254.4b€3.4b17.3x30.6x0.4x
Mon, 15 Jul 2024€106.9b€264.6b€3.8b18.4x28.4x0.4x
Wed, 12 Jun 2024€109.5b€264.7b€3.8b19.1x29.1x0.4x
Fri, 10 May 2024€114.1b€250.3b€4.1b19.1x27.7x0.5x
Sun, 07 Apr 2024€109.8b€302.6b€10.4b18.3x10.6x0.4x
Tue, 05 Mar 2024€105.2b€322.7b€14.6b15.2x7.2x0.3x
Thu, 01 Feb 2024€116.1b€351.8b€44.3b16x2.6x0.3x
Sat, 30 Dec 2023€121.5b€351.8b€44.3b15.1x2.7x0.3x
Mon, 27 Nov 2023€127.7b€351.8b€44.1b15.7x2.9x0.4x
Wed, 25 Oct 2023€121.9b€445.4b€15.1b16.2x8.1x0.3x
Fri, 22 Sep 2023€139.2b€445.9b€15.0b15.8x9.3x0.3x
Sun, 20 Aug 2023€143.9b€453.3b€14.6b13.6x9.9x0.3x
Tue, 18 Jul 2023€138.9b€489.6b€2.3b21.1x61.5x0.3x
Thu, 15 Jun 2023€141.5b€489.6b€2.3b23x62.7x0.3x
Sat, 13 May 2023€136.0b€482.7b€1.4b25.9x95x0.3x
Mon, 10 Apr 2023€133.1b€513.6b-€6,779,666,077.0022x-19.6x0.3x
Wed, 08 Mar 2023€85.2b€464.0b-€7,738,604,077.0029.7x-11x0.2x
Fri, 03 Feb 2023€61.2b€189.5b€5.5b36.9x11x0.3x
Sun, 01 Jan 2023€59.1b€189.5b€5.5b36.2x10.7x0.3x
Tue, 29 Nov 2022€59.4b€198.6b€5.7b33.3x10.3x0.3x
Thu, 27 Oct 2022€82.0b€205.6b€7.4b24x11x0.4x
Sat, 24 Sep 2022€79.3b€205.5b€7.4b30.4x10.7x0.4x
Mon, 22 Aug 2022€94.8b€209.1b€7.6b38.8x12.5x0.5x
Price to Earnings Ratio

12.5x


Total Market Cap: €94.8bTotal Earnings: €7.6bTotal Revenue: €209.1bTotal Market Cap vs Earnings and Revenue0%0%0%
German Utilities Sector Price to Earnings3Y Average 17x202320242025
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 13.1x which is lower than its 3-year average PE of 16.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.37x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Market-1.73%
Utilities-1.04%
Gas Utilities0%0
Renewable Energy-0.59%
Water Utilities-0.86%
Other Utilities-0.95%
Electric Utilities-2.02%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 29.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 52.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 6.1% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings decline by 3.3% 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
UN0 Uniper€37.855.7%
+€853.8m
-14.7%PS0.2x
WWG Gelsenwasser€580.004.5%
+€85.9m
0.9%PE17x
MNV6 Mainova€336.001.8%
+€40.0m
-3.4%PE7.4x
ABO clearvise€1.679.2%
+€10.5m
-13.5%PS3.6x
AB9 ABO Energy GmbH KGaA€39.002.6%
+€9.2m
-15.2%PE14.1x