Exploring ParTec And 2 Other High Growth Tech Stocks In Germany
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The German tech market has seen significant fluctuations recently, with the DAX declining by 3.20% amid renewed concerns about global economic growth. Despite these challenges, high-growth tech stocks like ParTec continue to capture investor interest due to their potential for innovation and market disruption. In this environment, a good stock typically demonstrates robust fundamentals, a strong competitive position, and resilience in the face of economic uncertainty.
Top 10 High Growth Tech Companies In Germany
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Formycon | 31.78% | 30.52% | ★★★★★☆ |
| Str?er 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% | ★★★★★☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
ParTec
Simply Wall St Growth Rating: ★★★★★★
Overview: ParTec AG develops, manufactures, and supplies supercomputer and quantum computer solutions with a market cap of €508 million.
Operations: ParTec AG generates revenue by developing, manufacturing, and supplying supercomputer and quantum computer solutions. The company has a market cap of €508 million.
ParTec, a German tech firm, has seen its revenue surge by 165.1% over the past year, with future growth forecasted at 41.2% annually. Despite being currently unprofitable, earnings are expected to grow by 63.3% per year and the company is projected to achieve profitability within three years. ParTec's R&D expenses have been significant, reflecting its commitment to innovation in high-performance computing solutions for clients like TSMC and Apple. This strategic focus positions it well in the rapidly evolving tech landscape.
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Dive into the specifics of ParTec here with our thorough health report.
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Understand ParTec's track record by examining our Past report.
Northern Data
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 €1.67 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 amounting to €46.31 million, while Consolidation shows a negative impact of -€178.50 million on the overall financials.