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Dutch (AEX) Market Analysis & Valuation

UpdatedAug 27, 2026
DataAggregated Company Financials
Companies99
  • 7D0.04%
  • 3M5.2%
  • 1Y38.4%
  • YTD18.6%

Over the last 7 days, the market has remained flat, although notably the Materials sector gained 3.5% in that time. More promisingly, the market is up 38% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026€1.4t€552.8b€60.7b17.8x23.3x2.6x
Sat, 25 Jul 2026€1.4t€543.8b€60.8b18.3x23.3x2.6x
Mon, 22 Jun 2026€1.5t€538.9b€61.5b17.8x23.8x2.7x
Wed, 20 May 2026€1.3t€537.9b€61.2b17.7x21x2.4x
Fri, 17 Apr 2026€1.3t€547.6b€60.9b17.3x21.2x2.4x
Sun, 15 Mar 2026€1.3t€539.5b€61.1b16.4x20.7x2.3x
Tue, 10 Feb 2026€1.3t€545.2b€57.6b17.3x22.1x2.3x
Thu, 08 Jan 2026€1.2t€541.0b€54.8b16.9x21.6x2.2x
Sat, 06 Dec 2025€1.1t€533.4b€54.2b17x20.4x2.1x
Mon, 03 Nov 2025€1.1t€532.4b€53.7b17x20.8x2.1x
Wed, 01 Oct 2025€1.1t€534.6b€52.9b17.1x20.5x2x
Fri, 29 Aug 2025€1.0t€549.2b€66.7b16.7x15.2x1.9x
Sun, 27 Jul 2025€1.0t€543.9b€62.5b18.9x16.3x1.9x
Tue, 24 Jun 2025€1.0t€543.3b€62.2b18.1x16.5x1.9x
Thu, 22 May 2025€1.0t€544.0b€58.4b19.1x17.9x1.9x
Sat, 19 Apr 2025€926.7b€543.4b€58.2b15.6x15.9x1.7x
Mon, 17 Mar 2025€1.0t€567.4b€58.1b18.3x17.5x1.8x
Wed, 12 Feb 2025€1.0t€572.6b€57.8b17.2x18x1.8x
Fri, 10 Jan 2025€1.0t€566.5b€51.8b16.1x19.4x1.8x
Sun, 08 Dec 2024€1.0t€561.8b€51.5b17.4x19.5x1.8x
Tue, 05 Nov 2024€967.0b€560.3b€50.9b17.6x19x1.7x
Thu, 03 Oct 2024€1.0t€560.9b€52.6b17.5x19.8x1.9x
Sat, 31 Aug 2024€1.1t€567.0b€40.1b16.6x26.4x1.9x
Mon, 29 Jul 2024€1.0t€561.9b€41.5b16.5x25x1.8x
Wed, 26 Jun 2024€1.1t€561.9b€41.2b17.3x27x2x
Fri, 24 May 2024€1.1t€561.8b€44.5b17.4x24.8x2x
Sun, 21 Apr 2024€1.0t€565.9b€45.2b16.1x22.1x1.8x
Tue, 19 Mar 2024€1.0t€547.2b€46.3b16.1x21.7x1.8x
Thu, 15 Feb 2024€991.0b€568.6b€49.7b15.8x19.9x1.7x
Sat, 13 Jan 2024€903.9b€590.3b€60.1b16.4x15x1.5x
Mon, 11 Dec 2023€902.7b€598.3b€60.5b15.7x14.9x1.5x
Wed, 08 Nov 2023€836.8b€602.6b€60.3b15.5x13.9x1.4x
Fri, 06 Oct 2023€814.3b€593.1b€50.4b15.8x16.1x1.4x
Sun, 03 Sep 2023€908.8b€588.3b€49.2b17.2x18.5x1.5x
Price to Earnings Ratio

18.5x


Total Market Cap: €908.8bTotal Earnings: €49.2bTotal Revenue: €588.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 20x202420252026
Current Market PE
  • Investors are optimistic on the Dutch market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 23.3x which is higher than its 3-year average PE of 20.0x.
Past Earnings Growth
  • The earnings for Dutch listed companies have grown 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.1% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market0.038%
Materials3.55%
Financials1.30%
Consumer Staples1.07%
Real Estate0.83%
Consumer Discretionary0.18%
Telecom-0.80%
Tech-0.86%
Industrials-1.06%
Healthcare-1.79%
Energy-2.78%
Utilities-6.67%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 41.3x.
    • Analysts expect its future annual earnings growth (21.2%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
INGA ING Groep€30.572.3%
+€1.9b		47.6%PB1.7xFinancials
MT ArcelorMittal€64.563.7%
+€1.7b		127.6%PE31.3xMaterials
DSFIR DSM-Firmenich€93.265.4%
+€1.2b		11.9%PE71.1xMaterials
ABN ABN AMRO Bank€41.333.1%
+€1.0b		67.6%PB1.2xFinancials
CCEP Coca-Cola Europacific Partners€94.202.4%
+€973.3m		23.6%PE20.9xConsumer Staples
See more

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