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German (DAX) Multi-Utilities Industry Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.1%
  • 3M4.2%
  • 1Y46.8%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 2.1%, driven by a pullback from E.ON of 2.8%. Meanwhile, Mainova actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 47%. Looking forward, earnings are forecast to grow by 5.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026€50.7b€96.1b€3.5b15.6x14.3x0.5x
Thu, 25 Dec 2025€48.0b€96.1b€3.5b15.1x13.6x0.5x
Sat, 22 Nov 2025€46.7b€96.1b€3.6b13.5x13.1x0.5x
Mon, 20 Oct 2025€48.5b€96.9b€3.7b13.3x13.1x0.5x
Wed, 17 Sep 2025€47.2b€96.9b€3.7b13.1x12.7x0.5x
Fri, 15 Aug 2025€48.0b€97.1b€5.1b11.1x9.5x0.5x
Sun, 13 Jul 2025€48.0b€97.1b€5.1b11.1x9.5x0.5x
Tue, 10 Jun 2025€46.1b€97.1b€5.1b10.9x9.1x0.5x
Thu, 08 May 2025€47.3b€95.3b€5.1b10.7x9.2x0.5x
Sat, 05 Apr 2025€42.6b€95.6b€4.9b13.8x8.8x0.4x
Mon, 03 Mar 2025€38.3b€94.9b€4.9b13.5x7.9x0.4x
Wed, 29 Jan 2025€34.6b€95.5b€2.2b14.8x16x0.4x
Fri, 27 Dec 2024€34.8b€95.5b€2.2b14.8x16.1x0.4x
Sun, 24 Nov 2024€37.1b€95.8b€2.1b15.8x17.3x0.4x
Tue, 22 Oct 2024€39.5b€77.9b€2.1b16.2x18.5x0.5x
Thu, 19 Sep 2024€41.2b€78.6b€2.2b15.2x18.8x0.5x
Sat, 17 Aug 2024€37.9b€96.7b€1.6b16x23.8x0.4x
Mon, 15 Jul 2024€38.7b€99.5b€1.7b16.3x23x0.4x
Wed, 12 Jun 2024€38.5b€99.5b€1.7b16.9x22.8x0.4x
Fri, 10 May 2024€40.4b€112.6b€860.9m17.3x46.9x0.4x
Sun, 07 Apr 2024€38.7b€112.6b€860.9m17.5x45x0.3x
Tue, 05 Mar 2024€37.5b€127.8b-€499,611,000.0014.8x-75.1x0.3x
Thu, 01 Feb 2024€39.8b€127.7b€211.4m13.5x188.3x0.3x
Sat, 30 Dec 2023€38.8b€127.7b€211.4m13.5x183.7x0.3x
Mon, 27 Nov 2023€38.0b€127.7b€41.6m13.5x912.6x0.3x
Wed, 25 Oct 2023€36.1b€139.4b€1.5b29.3x23.9x0.3x
Fri, 22 Sep 2023€38.2b€140.0b€1.4b28.5x27.8x0.3x
Sun, 20 Aug 2023€36.9b€144.5b€1.4b30.3x26.9x0.3x
Tue, 18 Jul 2023€37.7b€148.0b€1.4b34.4x26.3x0.3x
Thu, 15 Jun 2023€37.6b€148.0b€1.4b34.1x26.2x0.3x
Sat, 13 May 2023€39.6b€143.4b€2.3b17.2x17.3x0.3x
Mon, 10 Apr 2023€38.7b€141.6b€2.8b13.4x14.1x0.3x
Wed, 08 Mar 2023€30.2b€134.0b€5.7b7.6x5.3x0.2x
Fri, 03 Feb 2023€30.0b€133.7b€4.8b11.2x6.2x0.2x
Price to Earnings Ratio

6.2x


Total Market Cap: €30.0bTotal Earnings: €4.8bTotal Revenue: €133.7bTotal Market Cap vs Earnings and Revenue0%0%0%
German Multi-Utilities Industry Price to Earnings3Y Average 53.7x202420252026
Current Industry PE
  • Investors are pessimistic on the German Multi-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 14.3x 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 0.38x.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have declined 9.8% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does German Multi-Utilities compare with similar industries?

DE Market-0.57%
Utilities0.22%
Other Utilities-2.07%
Multi-Utilities-2.07%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MNV6 Mainova€372.009.4%
+€213.4m
5.7%PE8.2x
MVV1 MVV Energie€31.501.3%
+€26.4m
4.3%PE16.7x