Has the German Other Utilities Industry valuation changed over the past few years?

Investors are pessimistic on the German Integrated 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 14.6x which is lower than its 3-year average PE of 53.7x. The industry is trading close to its 3-year average PS ratio of 0.45x.

Which industries have driven the changes within the German Utilities industry?

There are no additional sub-industries under this industry.

German (DAX) Other Utilities Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 02 Sep 2026	€53.2b	€87.5b	€3.7b	20.7x	14.6x	0.6x
Fri, 31 Jul 2026	€55.8b	€89.5b	€3.7b	18.9x	14.9x	0.6x
Sun, 28 Jun 2026	€53.8b	€89.5b	€3.7b	19.4x	14.3x	0.6x
Tue, 26 May 2026	€54.7b	€89.7b	€3.7b	18.7x	14.6x	0.6x
Thu, 23 Apr 2026	€56.2b	€93.1b	€2.2b	18.1x	26x	0.6x
Sat, 21 Mar 2026	€53.9b	€93.5b	€2.2b	17.8x	24.8x	0.6x
Mon, 16 Feb 2026	€54.8b	€96.2b	€3.5b	16.4x	15.9x	0.6x
Wed, 14 Jan 2026	€49.8b	€96.1b	€3.5b	15.5x	14.1x	0.5x
Fri, 12 Dec 2025	€45.4b	€96.1b	€3.6b	13.2x	12.7x	0.5x
Sun, 09 Nov 2025	€48.4b	€96.9b	€3.7b	13.4x	13x	0.5x
Tue, 07 Oct 2025	€48.3b	€96.9b	€3.7b	13.3x	13x	0.5x
Thu, 04 Sep 2025	€45.0b	€96.9b	€3.7b	12.7x	12.1x	0.5x
Sat, 02 Aug 2025	€48.2b	€97.1b	€5.1b	11.1x	9.5x	0.5x
Mon, 30 Jun 2025	€47.2b	€97.1b	€5.1b	11x	9.3x	0.5x
Wed, 28 May 2025	€47.2b	€97.1b	€5.1b	11.2x	9.3x	0.5x
Fri, 25 Apr 2025	€45.6b	€94.9b	€4.9b	13.6x	9.4x	0.5x
Sun, 23 Mar 2025	€40.5b	€94.9b	€4.9b	13.4x	8.3x	0.4x
Tue, 18 Feb 2025	€36.3b	€95.3b	€2.1b	15.3x	16.9x	0.4x
Thu, 16 Jan 2025	€33.6b	€95.5b	€2.2b	14.6x	15.5x	0.4x
Sat, 14 Dec 2024	€36.6b	€96.4b	€2.2b	15.7x	16.9x	0.4x
Mon, 11 Nov 2024	€36.9b	€77.9b	€2.1b	15.9x	17.3x	0.5x
Wed, 09 Oct 2024	€39.5b	€78.6b	€2.2b	15.3x	18x	0.5x
Fri, 06 Sep 2024	€40.2b	€78.6b	€2.2b	15.5x	18.3x	0.5x
Sun, 04 Aug 2024	€38.8b	€99.5b	€1.7b	15.8x	23.1x	0.4x
Tue, 02 Jul 2024	€38.1b	€99.5b	€1.7b	16.7x	22.6x	0.4x
Thu, 30 May 2024	€38.2b	€100.3b	€1.7b	17.1x	22.7x	0.4x
Sat, 27 Apr 2024	€38.6b	€112.6b	€860.9m	18.4x	44.8x	0.3x
Mon, 25 Mar 2024	€39.1b	€118.3b	€832.4m	23.1x	46.9x	0.3x
Wed, 21 Feb 2024	€38.3b	€127.8b	-€499,611,000.00	15x	-76.6x	0.3x
Fri, 19 Jan 2024	€39.2b	€127.7b	€211.4m	13.6x	185.2x	0.3x
Sun, 17 Dec 2023	€40.0b	€127.7b	€211.4m	13.6x	189.1x	0.3x
Tue, 14 Nov 2023	€37.0b	€127.4b	€41.6m	14.4x	889.3x	0.3x
Thu, 12 Oct 2023	€36.6b	€139.4b	€1.5b	28.7x	24.3x	0.3x
Sat, 09 Sep 2023	€37.8b	€140.0b	€1.4b	31.3x	27.5x	0.3x


DE Market	-0.67%
Utilities	0.51%
Other Utilities	0.93%
Multi-Utilities	0.93%

Company	Last Price	7D	1Y	Valuation
EOAN E.ON	€17.73	0.5% +€248.4m	20.5%	PE13.7x
WWG Gelsenwasser	€585.00	6.4% +€120.3m	0%	PE19.7x
MNV6 Mainova	€396.00	4.2% +€120.1m	16.5%	PE21.7x
MVV1 MVV Energie	€30.40	0.3% +€6.6m	0%	PE46.5x

New Risk • Aug 16

New major risk - Revenue and earnings growth

Earnings have declined by 5.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks High level of debt (58% net debt to equity). Dividend is not well covered by earnings (200% payout ratio). Profit margins are more than 30% lower than last year (0.7% net profit margin).

German (DAX) Other Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Mainova AG to Report Q2, 2026 Results on Sep 30, 2026

EOAN: Future Grid Investment Plans Will Shape Returns Outlook

New major risk - Revenue and earnings growth

Upcoming dividend of €21.16 per share