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Dutch (AEX) Capital Markets Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies7
  • 7D1.6%
  • 3M-5.1%
  • 1Y-27.2%
  • YTD-0.8%

Over the last 7 days, the Capital Markets industry has risen 1.6%, driven by gains from every company within the industry. In the past year, the industry is down 27%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Dutch Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026€42.1b€3.7b€884.2m15.3x47.7x11.4x
Thu, 29 Jan 2026€42.6b€3.9b€861.4m15.8x49.4x10.8x
Sat, 27 Dec 2025€41.7b€3.9b€861.4m16.1x48.4x10.6x
Mon, 24 Nov 2025€40.2b€3.9b€861.4m15.8x46.6x10.2x
Wed, 22 Oct 2025€41.1b€4.1b€916.6m16.2x44.8x10.1x
Fri, 19 Sep 2025€42.1b€4.1b€916.6m15.9x45.9x10.4x
Sun, 17 Aug 2025€44.2b€3.8b€393.2m16.4x112.3x11.5x
Tue, 15 Jul 2025€44.9b€3.8b€345.7m13.3x129.7x11.9x
Thu, 12 Jun 2025€43.3b€3.8b€345.7m13x125.3x11.5x
Sat, 10 May 2025€42.2b€3.8b€345.7m13.2x121.9x11.2x
Mon, 07 Apr 2025€40.5b€3.8b€360.1m10.7x112.4x10.8x
Wed, 05 Mar 2025€46.9b€5.6b€657.2m15x71.4x8.4x
Fri, 31 Jan 2025€47.9b€5.7b€576.4m14.5x83.1x8.4x
Sun, 29 Dec 2024€46.7b€5.7b€576.4m13.2x81.1x8.2x
Tue, 26 Nov 2024€48.7b€5.7b€573.5m27.9x84.9x8.5x
Thu, 24 Oct 2024€45.7b€5.7b€573.5m27.8x79.7x8x
Sat, 21 Sep 2024€45.7b€5.7b€579.4m13.6x78.9x8x
Mon, 19 Aug 2024€44.3b€5.6b€686.0m12.8x64.5x8x
Wed, 17 Jul 2024€41.3b€4.2b€302.7m13.3x136.5x9.9x
Fri, 14 Jun 2024€40.5b€4.2b€302.7m12.8x133.8x9.7x
Sun, 12 May 2024€40.0b€4.2b€304.3m15.9x131.4x9.6x
Tue, 09 Apr 2024€6.8b€4.1b€239.0m30.4x28.5x1.7x
Thu, 07 Mar 2024€6.5b€1.6b€201.7m28.3x32x4x
Sat, 03 Feb 2024€8.3b€3.9b€36.5m25.6x226.9x2.2x
Mon, 01 Jan 2024€8.4b€3.9b€32.6m26.3x259.1x2.2x
Wed, 29 Nov 2023€8.0b€3.9b€32.6m26.4x245.5x2.1x
Fri, 27 Oct 2023€7.2b€3.9b€60.1m25.6x119.7x1.8x
Sun, 24 Sep 2023€7.7b€3.9b€30.6m38x253.5x2x
Tue, 22 Aug 2023€8.1b€3.9b€26.9m39x301.8x2.1x
Thu, 20 Jul 2023€8.1b€4.0b€40.6m28.1x198.7x2x
Sat, 17 Jun 2023€8.8b€4.0b€41.2m27.9x214.1x2.2x
Mon, 15 May 2023€8.7b€4.0b€49.9m27.9x175x2.2x
Wed, 12 Apr 2023€9.2b€4.0b€72.7m15x127x2.3x
Fri, 10 Mar 2023€9.9b€4.1b€94.6m13.3x104.4x2.4x
Price to Earnings Ratio

104.4x


Total Market Cap: €9.9bTotal Earnings: €94.6mTotal Revenue: €4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Capital Markets Industry Price to Earnings3Y Average 122.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Dutch Capital Markets 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 47.7x which is lower than its 3-year average PE of 122x.
  • The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 11.4x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 111% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.5% 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 industry?

NL Market-0.15%
Financials-0.048%
Capital Markets1.63%
Financial Exchanges and Data2.74%
Asset Management1.50%
Investment Banking and Brokerage0.61%
Industry PE
  • Investors are most optimistic about the Asset Management industry which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (13.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 48% over the next 5 years.
  • In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 10% 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
SWICH SWI Capital Holding€5.0214.1%
+€267.4m
n/an/a
VLK Van Lanschot Kempen€56.4011.9%
+€254.2m
16.3%PE16.1x
CVC CVC Capital Partners€12.001.4%
+€180.7m
-45.6%PE16.9x
ALLFG Allfunds Group€8.392.3%
+€115.5m
64.3%PS7.6x
FLOW Flow Traders€27.003.3%
+€37.5m
4.4%PE8.8x

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