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Dutch (AEX) Financials Sector Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies25
  • 7D0.3%
  • 3M17.0%
  • 1Y-5.8%
  • YTD-8.8%

Over the last 7 days, the Financials industry has remained flat, although notably NN Group declined by 3.1%. As for the longer term, the industry has declined 5.8% in the last year. As for the next few years, earnings are expected to grow by 3.0% per annum.

Sector Valuation and Performance

Has the Dutch Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022€109.8b€97.4b€14.7b7.5x7.5x1.1x
Tue, 25 Oct 2022€81.7b€61.2b€12.8b6.4x6.4x1.3x
Thu, 22 Sep 2022€85.0b€61.2b€12.9b6.4x6.6x1.4x
Sat, 20 Aug 2022€82.3b€63.5b€13.2b6.5x6.2x1.3x
Mon, 18 Jul 2022€88.1b€96.9b€15.5b5.9x5.7x0.9x
Wed, 15 Jun 2022€94.3b€96.9b€15.5b6.1x6.1x1x
Fri, 13 May 2022€95.2b€114.3b€15.2b7x6.3x0.8x
Sun, 10 Apr 2022€101.0b€115.1b€15.8b6.9x6.4x0.9x
Tue, 08 Mar 2022€87.3b€111.5b€11.9b6.5x7.3x0.8x
Thu, 03 Feb 2022€123.1b€121.7b€10.4b9.7x11.8x1x
Sat, 01 Jan 2022€117.9b€121.7b€10.4b9.2x11.3x1x
Mon, 29 Nov 2021€112.3b€121.7b€10.4b8.8x10.8x0.9x
Wed, 27 Oct 2021€122.2b€128.2b€9.9b9.7x12.3x1x
Fri, 24 Sep 2021€114.6b€128.2b€9.9b9.8x11.6x0.9x
Sun, 22 Aug 2021€110.0b€128.2b€9.9b9.3x11.1x0.9x
Fri, 09 Jul 2021€103.8b€128.7b€10.0b8.9x10.4x0.8x
Thu, 01 Apr 2021€92.7b€136.4b€5.4b7.3x17.1x0.7x
Sun, 03 Jan 2021€72.4b€103.4b€5.1b6.4x14.1x0.7x
Wed, 07 Oct 2020€61.1b€93.6b€4.7b9.3x13x0.7x
Tue, 30 Jun 2020€63.0b€90.1b€7.6b6.6x8.3x0.7x
Fri, 03 Apr 2020€52.6b€79.6b€9.7b5x5.4x0.7x
Mon, 06 Jan 2020€94.8b€124.6b€11.1b8.3x8.5x0.8x
Price to Earnings Ratio

9.3x


Total Market Cap: €93.7bTotal Earnings: €10.1bTotal Revenue: €111.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Financials Sector Price to Earnings3Y Average 10.1x202020212022
Current Industry PE
  • Investors are pessimistic on the Dutch Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.5x which is lower than its 3-year average PE of 10.1x.
  • The 3-year average PS ratio of 0.85x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 13% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.3% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Dutch Financials sector?

NL Market1.18%
Financials0.28%
Banks2.28%
Diversified Financial0.11%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Insurance-1.48%
Capital Markets-4.56%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 26.6x.
    • Analysts expect its future annual earnings growth (28.4%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Diversified Financial industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 23% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
INGA ING Groep€11.631.7%
+€484.7m
-3.8%PB0.8x
ABN ABN AMRO Bank€12.224.6%
+€480.2m
-1.8%PB0.5x
EXO Exor€74.981.4%
+€234.5m
n/aPE9.5x
VLK Van Lanschot Kempen€23.805.1%
+€46.3m
15.0%PE7.5x
FLOW Flow Traders€22.641.1%
+€10.4m
-27.1%PE8.7x
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Latest News

HAL

€125.20

HAL Trust

7D

-1.9%

1Y

-8.9%

FLOW

€22.64

Flow Traders

7D

1.1%

1Y

-27.1%

AGN

€4.70

Aegon

7D

0.06%

1Y

20.1%

ABN

€12.22

ABN AMRO Bank

7D

4.6%

1Y

-1.8%

ALLFG

€7.11

Allfunds Group

7D

-10.6%

1Y

-51.7%

INGA

€11.63

ING Groep

7D

1.7%

1Y

-3.8%

EXO

€74.98

Exor

7D

1.4%

1Y

n/a

ASRNL

€43.94

ASR Nederland

7D

-0.7%

1Y

17.1%

NN

€41.08

NN Group

7D

-3.1%

1Y

-5.8%

VLK

€23.80

Van Lanschot Kempen

7D

5.1%

1Y

15.0%

ESG

€9.74

ESG Core Investments B.V

7D

0.8%

1Y

1.6%