Dutch (AEX) HR Services Industry Analysis

UpdatedFeb 28, 2026

DataAggregated Company Financials

Companies3

7D-0.8%
3M-16.6%
1Y-28.0%
YTDn/a

Over the last 7 days, the HR Services industry has remained flat, although notably Morefield Group gained 6.4%. As for the longer term, the industry has declined 28% in the last year. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Dutch HR Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 28 Feb 2026	€5.3b	€24.3b	€294.1m	65.6x	17.9x	0.2x
Mon, 26 Jan 2026	€5.5b	€24.6b	€67.2m	61.3x	81.7x	0.2x
Wed, 24 Dec 2025	€5.9b	€24.7b	€73.1m	25.5x	81x	0.2x
Fri, 21 Nov 2025	€6.2b	€24.7b	€73.1m	26.4x	84.7x	0.3x
Sun, 19 Oct 2025	€6.9b	€24.9b	€96.1m	26.6x	72x	0.3x
Tue, 16 Sep 2025	€6.9b	€24.9b	€96.1m	27.3x	71.9x	0.3x
Thu, 14 Aug 2025	€7.7b	€24.9b	€96.1m	28.1x	79.7x	0.3x
Sat, 12 Jul 2025	€7.9b	€25.3b	€141.7m	15.9x	55.6x	0.3x
Mon, 09 Jun 2025	€6.9b	€25.3b	€141.7m	15.6x	48.7x	0.3x
Wed, 07 May 2025	€6.8b	€25.3b	€141.7m	15.8x	47.7x	0.3x
Fri, 04 Apr 2025	€6.9b	€25.6b	€150.7m	15.2x	45.7x	0.3x
Sun, 02 Mar 2025	€7.3b	€25.6b	€150.7m	17.4x	48.6x	0.3x
Tue, 28 Jan 2025	€7.9b	€25.7b	€463.5m	15.3x	17x	0.3x
Thu, 26 Dec 2024	€7.5b	€25.7b	€463.5m	14.4x	16.2x	0.3x
Sat, 23 Nov 2024	€7.6b	€25.7b	€463.5m	13.9x	16.3x	0.3x
Mon, 21 Oct 2024	€8.1b	€25.9b	€527.5m	14.6x	15.4x	0.3x
Wed, 18 Sep 2024	€8.0b	€25.9b	€527.5m	14.2x	15.2x	0.3x
Fri, 16 Aug 2024	€7.9b	€25.9b	€527.0m	15x	15x	0.3x
Sun, 14 Jul 2024	€8.5b	€26.3b	€587.0m	14.4x	14.5x	0.3x
Tue, 11 Jun 2024	€9.0b	€26.3b	€587.0m	15.2x	15.3x	0.3x
Thu, 09 May 2024	€9.0b	€26.3b	€587.0m	15.3x	15.3x	0.3x
Sat, 06 Apr 2024	€9.0b	€26.8b	€651.2m	13.8x	13.9x	0.3x
Mon, 04 Mar 2024	€9.6b	€26.8b	€651.2m	14.7x	14.8x	0.4x
Wed, 31 Jan 2024	€10.1b	€27.6b	€789.6m	12.7x	12.8x	0.4x
Fri, 29 Dec 2023	€10.8b	€27.6b	€789.6m	13.7x	13.7x	0.4x
Sun, 26 Nov 2023	€10.4b	€27.6b	€789.6m	13.2x	13.2x	0.4x
Tue, 24 Oct 2023	€9.4b	€28.4b	€849.6m	10.8x	11x	0.3x
Thu, 21 Sep 2023	€10.1b	€28.3b	€848.3m	11.7x	12x	0.4x
Sat, 19 Aug 2023	€10.2b	€28.3b	€848.3m	11.9x	12.1x	0.4x
Mon, 17 Jul 2023	€10.0b	€28.7b	€897.6m	10.8x	11.1x	0.3x
Wed, 14 Jun 2023	€9.6b	€28.7b	€897.6m	10.4x	10.7x	0.3x
Fri, 12 May 2023	€9.3b	€28.6b	€895.9m	20.9x	10.4x	0.3x
Sun, 09 Apr 2023	€9.9b	€28.7b	€950.9m	21.6x	10.4x	0.3x
Tue, 07 Mar 2023	€11.9b	€28.7b	€950.9m	20.6x	12.5x	0.4x

Price to Earnings Ratio

12.5x

Tue, 07 Mar 2023

Current Industry PE

There are only 3 companies in the Dutch Human Resource and Employment Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Human Resource and Employment Services industry have declined 32% per year over the last three years,
Revenues have also declined 5.5% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.