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Dutch (AEX) Capital Markets Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies6
  • 7D0.4%
  • 3M9.8%
  • 1Y-16.5%
  • YTD5.0%

The Capital Markets industry has stayed flat over the last week. Unfortunately though, the industry is down 17% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026€42.7b€3.9b€861.4m16x49.5x10.8x
Mon, 15 Dec 2025€41.5b€3.9b€861.4m15.9x48.1x10.5x
Wed, 12 Nov 2025€40.7b€3.9b€861.4m15.9x47.2x10.3x
Fri, 10 Oct 2025€42.2b€4.1b€916.6m16.6x46.1x10.4x
Sun, 07 Sep 2025€41.7b€4.1b€916.7m15.7x45.4x10.2x
Tue, 05 Aug 2025€43.0b€3.8b€396.0m13.4x108.6x11.2x
Thu, 03 Jul 2025€44.8b€3.8b€345.7m13.1x129.6x11.9x
Sat, 31 May 2025€42.8b€3.8b€345.7m13x123.9x11.4x
Mon, 28 Apr 2025€41.7b€3.8b€350.5m11.4x119.1x11.1x
Wed, 26 Mar 2025€45.2b€3.7b€360.1m11.6x125.5x12.1x
Fri, 21 Feb 2025€49.0b€5.6b€664.3m14.7x73.8x8.8x
Sun, 19 Jan 2025€48.1b€5.7b€576.4m14.5x83.5x8.4x
Tue, 17 Dec 2024€48.1b€5.7b€570.1m13.6x84.3x8.4x
Thu, 14 Nov 2024€47.2b€5.7b€573.5m27.1x82.3x8.2x
Sat, 12 Oct 2024€46.2b€5.7b€573.3m27x80.5x8.1x
Mon, 09 Sep 2024€44.7b€5.7b€602.1m12.1x74.2x7.8x
Wed, 07 Aug 2024€41.4b€5.5b€662.5m13.4x62.5x7.5x
Fri, 05 Jul 2024€40.6b€4.2b€302.7m13x134.3x9.8x
Sun, 02 Jun 2024€41.1b€4.2b€302.7m12.8x135.6x9.9x
Tue, 30 Apr 2024€22.9b€4.1b€291.5m15.7x78.7x5.5x
Thu, 28 Mar 2024€6.6b€2.0b€239.0m30.2x27.7x3.4x
Sat, 24 Feb 2024€6.2b€3.6b€165.6m28.5x37.5x1.7x
Mon, 22 Jan 2024€8.0b€3.9b€32.6m26x245.7x2.1x
Wed, 20 Dec 2023€8.3b€3.9b€32.6m26.6x255.9x2.2x
Fri, 17 Nov 2023€8.0b€3.9b€32.6m26x247x2.1x
Sun, 15 Oct 2023€7.5b€3.9b€60.1m26.1x125.1x1.9x
Tue, 12 Sep 2023€7.7b€3.9b€30.6m38.4x253x2x
Thu, 10 Aug 2023€8.4b€3.9b€27.0m35.8x310.7x2.1x
Sat, 08 Jul 2023€8.1b€4.0b€37.4m28.5x215.9x2x
Mon, 05 Jun 2023€9.0b€4.0b€41.2m27.5x218.6x2.3x
Wed, 03 May 2023€8.8b€4.0b€55.0m14.4x159.7x2.2x
Fri, 31 Mar 2023€9.4b€4.1b€97.8m14.9x95.8x2.3x
Sun, 26 Feb 2023€10.7b€3.9b€101.4m12x106x2.8x
Tue, 24 Jan 2023€9.9b€4.0b€144.3m9.9x68.5x2.4x
Price to Earnings Ratio

68.5x


Total Market Cap: €9.9bTotal Earnings: €144.3mTotal Revenue: €4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Capital Markets Industry Price to Earnings3Y Average 123.3x202420252026
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 49.5x which is lower than its 3-year average PE of 123x.
  • The 3-year average PS ratio of 6.6x is lower than the industry's current PS ratio of 10.8x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 81% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

NL Market6.03%
Financials1.45%
Capital Markets0.35%
Investment Banking and Brokerage5.61%
Financial Exchanges and Data2.88%
Asset Management-0.15%
Industry PE
  • Investors are most optimistic about the Asset Management industry which is trading above its 3-year average PE ratio of 1.7x.
    • Analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings decline of 9.1% per year.
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
ALLFG Allfunds Group€8.002.4%
+€115.5m
64.9%PS7.3x
FLOW Flow Traders€26.822.8%
+€31.4m
12.3%PE8.8x

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