Earnings Beat: Siemens Energy AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 11
German (DAX) Industrials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies140
- 7D-3.8%
- 3M6.8%
- 1Y6.8%
- YTD8.9%
Over the last 7 days, the Industrials industry has dropped 3.8%, driven by Siemens declining 8.4%. Over the past 12 months, the industry was up 6.8%. Earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the German Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €440.4b | €549.5b | €23.7b | 15.7x | 18.6x | 0.8x |
| Tue, 16 Apr 2024 | €446.9b | €551.2b | €27.1b | 15x | 16.5x | 0.8x |
| Thu, 14 Mar 2024 | €439.3b | €554.2b | €30.4b | 14.6x | 14.4x | 0.8x |
| Sat, 10 Feb 2024 | €403.7b | €557.3b | €26.8b | 14.2x | 15.1x | 0.7x |
| Mon, 08 Jan 2024 | €410.1b | €565.0b | €26.7b | 14.7x | 15.4x | 0.7x |
| Wed, 06 Dec 2023 | €393.5b | €564.8b | €26.7b | 14.1x | 14.7x | 0.7x |
| Fri, 03 Nov 2023 | €353.4b | €576.4b | €34.3b | 13.8x | 10.3x | 0.6x |
| Sun, 01 Oct 2023 | €378.1b | €574.7b | €33.7b | 14.1x | 11.2x | 0.7x |
| Tue, 29 Aug 2023 | €391.9b | €574.2b | €33.8b | 14.3x | 11.6x | 0.7x |
| Thu, 27 Jul 2023 | €415.2b | €575.3b | €36.5b | 14.9x | 11.4x | 0.7x |
| Sat, 24 Jun 2023 | €408.2b | €573.2b | €36.6b | 14.8x | 11.1x | 0.7x |
| Mon, 22 May 2023 | €421.4b | €570.0b | €36.1b | 15.6x | 11.7x | 0.7x |
| Wed, 19 Apr 2023 | €444.8b | €562.1b | €36.5b | 15.7x | 12.2x | 0.8x |
| Fri, 17 Mar 2023 | €413.2b | €560.2b | €36.5b | 14.7x | 11.3x | 0.7x |
| Sun, 12 Feb 2023 | €413.2b | €544.3b | €35.1b | 15.2x | 11.8x | 0.8x |
| Tue, 10 Jan 2023 | €380.1b | €539.5b | €35.6b | 15.4x | 10.7x | 0.7x |
| Thu, 08 Dec 2022 | €364.9b | €536.1b | €35.5b | 14.4x | 10.3x | 0.7x |
| Sat, 05 Nov 2022 | €327.8b | €514.4b | €29.9b | 15x | 11x | 0.6x |
| Mon, 03 Oct 2022 | €299.6b | €505.5b | €29.7b | 12.8x | 10.1x | 0.6x |
| Wed, 31 Aug 2022 | €343.8b | €508.4b | €29.2b | 15.4x | 11.8x | 0.7x |
| Fri, 29 Jul 2022 | €355.1b | €479.8b | €27.8b | 17.1x | 12.8x | 0.7x |
| Sun, 26 Jun 2022 | €344.1b | €480.3b | €27.8b | 17x | 12.4x | 0.7x |
| Tue, 24 May 2022 | €405.1b | €478.2b | €29.0b | 18.7x | 14x | 0.8x |
| Thu, 21 Apr 2022 | €405.2b | €455.5b | €25.1b | 19.9x | 16.1x | 0.9x |
| Sat, 19 Mar 2022 | €430.8b | €453.7b | €24.4b | 20.5x | 17.6x | 0.9x |
| Mon, 14 Feb 2022 | €435.8b | €434.9b | €19.9b | 23.1x | 21.8x | 1x |
| Wed, 12 Jan 2022 | €456.2b | €393.2b | €17.3b | 23.8x | 26.3x | 1.2x |
| Fri, 10 Dec 2021 | €420.2b | €393.7b | €17.4b | 23.7x | 24.2x | 1.1x |
| Sun, 07 Nov 2021 | €437.1b | €397.2b | €12.9b | 26.2x | 34x | 1.1x |
| Tue, 05 Oct 2021 | €399.3b | €387.5b | €10.9b | 25.5x | 36.5x | 1x |
| Thu, 02 Sep 2021 | €419.5b | €376.5b | €11.2b | 27.1x | 37.5x | 1.1x |
| Sat, 31 Jul 2021 | €402.3b | €376.5b | €11.2b | 26x | 36x | 1.1x |
Price to Earnings Ratio
86.5x
Current Industry PE
- Investors are relatively neutral on the German Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 19.1x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 73% per year over the last three years.
- Revenues for these companies have grown 15% 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 Industrials sector?
| DE Market | -0.43% | |
| Industrials | -3.80% | |
| Infrastructure | 8.48% | |
| Commercial Services | 7.74% | |
| Building | 3.62% | |
| Electrical | 2.06% | |
| Logistics | 0.97% | |
| Airlines | 0.06% | |
| Transportation | -0.29% | |
| Professional Services | -2.28% | |
| Machinery | -2.88% | |
| Aerospace & Defense | -3.06% | |
| Marine and Shipping | -3.90% | |
| Construction | -3.94% | |
| Industrials | -8.30% | |
| Trade Distributors | -8.88% | |
Industry PE
- Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio of 57.7x.
- Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings growth of 10.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 63% over the next 5 years.
- This is better than its past earnings growth rate of 48% per year.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 28% 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 | |
|---|---|---|---|---|---|
| ENR Siemens Energy | €25.00 | 3.0% +€563.0m | 3.1% | PS0.6x | |
| FRA Fraport | €52.70 | 11.8% +€513.7m | 7.6% | PE11.3x | |
| DHL Deutsche Post | €39.97 | 1.0% +€456.3m | -5.4% | PE13.3x | |
| GBF Bilfinger | €50.30 | 10.1% +€172.4m | 41.1% | PE9.6x | |
| BFSA Befesa | €32.18 | 9.4% +€110.4m | -17.7% | PE24.6x |