Exploring ParTec And 2 High Growth Tech Stocks In Germany
Germany’s DAX index recently rose by 2.17%, buoyed by an interest rate cut from the European Central Bank amid signs of weakening economic growth and slowing inflation in the eurozone. As market sentiment continues to be influenced by these broader economic conditions, identifying high-growth tech stocks like ParTec and others can be crucial for investors seeking opportunities in a dynamic landscape.
Top 10 High Growth Tech Companies In Germany
Name |
Revenue Growth |
Earnings Growth |
Growth Rating |
---|---|---|---|
Formycon |
31.78% |
30.52% |
★★★★★☆ |
Ströer SE KGaA |
7.39% |
29.88% |
★★★★★☆ |
Stemmer Imaging |
13.34% |
23.20% |
★★★★★☆ |
Exasol |
14.66% |
117.10% |
★★★★★☆ |
ParTec |
41.16% |
63.31% |
★★★★★★ |
Northern Data |
32.53% |
68.17% |
★★★★★☆ |
cyan |
27.51% |
67.79% |
★★★★★☆ |
medondo holding |
36.23% |
82.66% |
★★★★★☆ |
Rubean |
59.40% |
73.87% |
★★★★★☆ |
asknet Solutions |
20.06% |
74.86% |
★★★★★☆ |
We’ll examine a selection from our screener results.
Simply Wall St Growth Rating: ★★★★★★
Overview: ParTec AG develops, manufactures, and supplies supercomputer and quantum computer solutions with a market cap of €560 million.
Operations: ParTec AG focuses on the development, manufacturing, and supply of supercomputer and quantum computer solutions. The company’s market capitalization is €560 million.
ParTec, with its recent 165.1% revenue growth, underscores its high-growth trajectory in the tech sector. The company’s focus on quantum computing and AI innovations has led to significant advancements, showcased during their presentation at IEEE Quantum Week. Notably, ParTec’s R&D expenses accounted for a substantial portion of their budget, reflecting a commitment to innovation. Revenue is forecasted to grow at an impressive 41.2% annually while earnings are projected to surge by 63.3%, indicating robust future prospects in the rapidly evolving tech landscape.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Northern Data AG develops and operates high-performance computing (HPC) infrastructure solutions for businesses and research institutions worldwide, with a market cap of €1.72 billion.
Operations: Northern Data AG generates revenue primarily from Peak Mining (€156.13 million), Taiga Cloud (€22.13 million), and Ardent Data Centers (€31.46 million). The company also has contributions from Other Companies and Group Functions, totaling €46.31 million, with a net consolidation figure of -€178.50 million impacting overall financials.
Northern Data’s revenue is forecasted to grow at 32.5% annually, significantly outpacing the German market’s 5.4% growth rate. Despite a net loss of €151 million last year, the company is expected to become profitable within three years, with earnings projected to surge by 68.2%. Their substantial R&D investment underscores this potential; for instance, their cloud computing and data center segments are poised for a US IPO with valuations between $10 billion and $16 billion.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: SAP SE, along with its subsidiaries, offers a range of applications, technology solutions, and services on a global scale, with a market cap of €233.79 billion.
Operations: SAP SE generates revenue primarily from its Applications, Technology & Services segment, which brought in €32.54 billion. The company’s net profit margin stands at 16.5%.
SAP’s R&D expenses have been significant, with a notable €4.5 billion investment in 2023, representing 12% of its total revenue. The company’s shift towards cloud ERP solutions like GROW With SAP and partnerships with firms such as Xerox and Kyndryl highlight its strategic focus on innovation and digital transformation. Despite a recent net income dip to €94 million from €3.49 billion, SAP’s projected annual earnings growth rate of 37.9% underscores strong future potential in the tech sector.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include DB:JY0 DB:NB2 and XTRA:SAP.
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