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German (DAX) Market Analysis & Valuation

UpdatedMar 11, 2025
DataAggregated Company Financials
Companies724
  • 7D-1.4%
  • 3M9.1%
  • 1Y15.4%
  • YTD11.2%

Over the last 7 days, the market has dropped 1.4%, driven by a decline of 4.6% in the Information Technology sector. On the other hand, the Materials has risen by 5.3%. In contrast to the last week, the market is actually up 15% over the past year. Earnings are forecast to grow by 16% annually.

Market Valuation and Performance

Has the German Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Mar 2025€2.5t€2.7t€125.8b17x20.1x0.9x
Thu, 06 Feb 2025€2.4t€2.7t€113.2b16.7x21.3x0.9x
Sat, 04 Jan 2025€2.3t€2.7t€114.5b16.1x19.8x0.8x
Mon, 02 Dec 2024€2.3t€2.7t€114.2b15.5x19.7x0.8x
Wed, 30 Oct 2024€2.3t€2.7t€118.1b16.1x19.4x0.8x
Fri, 27 Sep 2024€2.3t€2.7t€119.8b16.4x19x0.8x
Sun, 25 Aug 2024€2.2t€2.7t€118.4b16.6x18.6x0.8x
Tue, 23 Jul 2024€2.2t€2.7t€111.0b18.1x19.8x0.8x
Thu, 20 Jun 2024€2.2t€2.7t€110.7b17.1x19.6x0.8x
Sat, 18 May 2024€2.3t€2.7t€109.7b17.5x20.6x0.8x
Mon, 15 Apr 2024€2.2t€2.8t€119.1b17.2x18.9x0.8x
Wed, 13 Mar 2024€2.3t€2.8t€126.2b16x17.8x0.8x
Fri, 09 Feb 2024€2.2t€2.9t€149.2b16.1x14.5x0.8x
Sun, 07 Jan 2024€2.1t€2.9t€146.5b16.2x14.6x0.7x
Tue, 05 Dec 2023€2.1t€2.9t€147.4b16x14.5x0.7x
Thu, 02 Nov 2023€2.0t€3.0t€160.6b15.5x12.2x0.7x
Sat, 30 Sep 2023€2.1t€3.0t€131.0b16x15.8x0.7x
Mon, 28 Aug 2023€2.1t€3.0t€131.8b16.2x16.1x0.7x
Wed, 26 Jul 2023€2.2t€3.0t€138.5b16.8x15.9x0.7x
Fri, 23 Jun 2023€2.2t€3.0t€140.4b17.4x15.4x0.7x
Sun, 21 May 2023€2.2t€3.0t€136.9b17.3x16x0.7x
Tue, 18 Apr 2023€2.2t€3.0t€147.5b17x15.2x0.7x
Thu, 16 Mar 2023€2.1t€2.9t€154.9b15.8x13.4x0.7x
Sat, 11 Feb 2023€2.1t€2.6t€173.5b16x12.3x0.8x
Mon, 09 Jan 2023€2.0t€2.6t€172.9b16.1x11.7x0.8x
Wed, 07 Dec 2022€2.0t€2.6t€172.3b16x11.5x0.8x
Fri, 04 Nov 2022€1.9t€2.5t€170.8b15x10.9x0.7x
Sun, 02 Oct 2022€1.7t€2.5t€168.4b14.2x10.2x0.7x
Tue, 30 Aug 2022€1.8t€2.5t€163.4b15.3x11.1x0.7x
Thu, 28 Jul 2022€1.9t€2.6t€158.6b16.6x11.7x0.7x
Sat, 25 Jun 2022€1.9t€2.6t€159.4b16.3x11.6x0.7x
Mon, 23 May 2022€2.0t€2.6t€160.7b17.2x12.5x0.8x
Wed, 20 Apr 2022€2.1t€2.5t€143.5b18.8x14.6x0.8x
Fri, 18 Mar 2022€2.2t€2.4t€145.9b19.5x14.8x0.9x
Price to Earnings Ratio

14.8x


Total Market Cap: €2.2tTotal Earnings: €145.9bTotal Revenue: €2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 15.7x202320242025
Current Market PE
  • Investors are optimistic on the German market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 20.1x which is higher than its 3-year average PE of 15.7x.
Past Earnings Growth
  • The earnings for German listed companies have declined 4.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the German Market?

DE Market-1.42%
Materials5.27%
Energy4.07%
Utilities2.48%
Financials1.47%
Consumer Staples1.25%
Industrials0.61%
Consumer Discretionary-0.22%
Telecom-2.97%
Healthcare-3.10%
Real Estate-7.45%
Tech-8.88%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 39.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 23.6%, which is higher than its past year's earnings growth of 8.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 79% over the next 5 years.
  • This is better than its past earnings growth rate of 6.6% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 2.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
DHL Deutsche Post€42.5310.8%
+€4.8b
9.8%PE14.7xIndustrials
BAS BASF€52.935.8%
+€2.6b
7.9%PE36.4xMaterials
CBK Commerzbank€23.269.2%
+€2.3b
107.4%PB0.8xFinancials
SIE Siemens€228.401.1%
+€1.9b
26.5%PE24xIndustrials
HEI Heidelberg Materials€159.856.8%
+€1.8b
79.2%PE16.3xMaterials
See more
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SAP

€242.20

SAP

7D

-10.8%

1Y

39.6%

SIE

€228.40

Siemens

7D

1.1%

1Y

26.5%

DTE

€34.50

Deutsche Telekom

7D

-3.8%

1Y

58.2%

HEI

€159.85

Heidelberg Materials

7D

6.8%

1Y

79.2%

ADS

€226.80

adidas

7D

-8.6%

1Y

20.1%

BAS

€52.93

BASF

7D

5.8%

1Y

7.9%

EOAN

€12.82

E.ON

7D

4.2%

1Y

7.1%

ENR

€50.56

Siemens Energy

7D

-8.8%

1Y

254.8%

CBK

€23.26

Commerzbank

7D

9.2%

1Y

107.4%

MTX

€308.30

MTU Aero Engines

7D

-10.8%

1Y

36.5%

IFX

€34.36

Infineon Technologies

7D

-4.4%

1Y

1.9%