Narrative Update • Jun 16

Over the last 7 days, the Professional Services industry has dropped 4.9%, driven by Wolters Kluwer declining 6.8%. However, the industry is down 50% over the past year. As for the next few years, earnings are expected to grow by 8.5% per annum.
Has the Dutch Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Jun 2026 | €21.7b | €35.3b | €1.8b | 14.2x | 12.2x | 0.6x |
| Fri, 15 May 2026 | €21.0b | €35.3b | €1.8b | 14.5x | 11.8x | 0.6x |
| Sun, 12 Apr 2026 | €20.9b | €35.3b | €1.8b | 12.6x | 11.7x | 0.6x |
| Tue, 10 Mar 2026 | €23.1b | €35.3b | €1.8b | 14x | 12.9x | 0.7x |
| Thu, 05 Feb 2026 | €24.7b | €35.7b | €1.4b | 19.5x | 17.6x | 0.7x |
| Sat, 03 Jan 2026 | €29.3b | €35.7b | €1.4b | 21.7x | 20.8x | 0.8x |
| Mon, 01 Dec 2025 | €30.7b | €35.8b | €1.4b | 18.5x | 21.8x | 0.9x |
| Wed, 29 Oct 2025 | €36.4b | €35.8b | €1.4b | 22.5x | 25.8x | 1x |
| Fri, 26 Sep 2025 | €36.5b | €36.0b | €1.4b | 23x | 25.5x | 1x |
| Sun, 24 Aug 2025 | €38.2b | €36.0b | €1.4b | 23.6x | 26.7x | 1.1x |
| Tue, 22 Jul 2025 | €44.3b | €36.2b | €1.4b | 16.3x | 30.9x | 1.2x |
| Thu, 19 Jun 2025 | €44.3b | €36.2b | €1.4b | 16.2x | 30.8x | 1.2x |
| Sat, 17 May 2025 | €48.8b | €36.2b | €1.4b | 17.2x | 33.9x | 1.3x |
| Mon, 14 Apr 2025 | €44.0b | €36.5b | €1.4b | 16.4x | 30.5x | 1.2x |
| Wed, 12 Mar 2025 | €45.1b | €36.5b | €1.4b | 17.1x | 31.3x | 1.2x |
| Fri, 07 Feb 2025 | €54.9b | €36.5b | €1.7b | 17.3x | 32.8x | 1.5x |
| Sun, 05 Jan 2025 | €50.9b | €36.5b | €1.7b | 16.4x | 30.4x | 1.4x |
| Tue, 03 Dec 2024 | €51.8b | €36.5b | €1.7b | 17.2x | 30.9x | 1.4x |
| Thu, 31 Oct 2024 | €51.1b | €36.5b | €1.7b | 17.5x | 30.5x | 1.4x |
| Sat, 28 Sep 2024 | €51.0b | €36.8b | €1.7b | 16x | 29.3x | 1.4x |
| Mon, 26 Aug 2024 | €49.9b | €36.7b | €1.7b | 15.5x | 28.7x | 1.4x |
| Wed, 24 Jul 2024 | €51.2b | €36.9b | €1.7b | 16.4x | 29.7x | 1.4x |
| Fri, 21 Jun 2024 | €51.3b | €36.9b | €1.7b | 16.7x | 29.8x | 1.4x |
| Sun, 19 May 2024 | €50.1b | €36.9b | €1.7b | 18.2x | 29.1x | 1.4x |
| Tue, 16 Apr 2024 | €48.7b | €37.4b | €1.8b | 16.1x | 27.3x | 1.3x |
| Thu, 14 Mar 2024 | €49.3b | €37.4b | €1.8b | 16.1x | 27.6x | 1.3x |
| Sat, 10 Feb 2024 | €48.8b | €37.8b | €1.9b | 13.5x | 25.2x | 1.3x |
| Mon, 08 Jan 2024 | €50.6b | €40.6b | €2.1b | 19.9x | 23.9x | 1.2x |
| Wed, 06 Dec 2023 | €51.0b | €40.6b | €2.1b | 19.9x | 24.1x | 1.3x |
| Fri, 03 Nov 2023 | €47.6b | €40.6b | €2.1b | 20.3x | 22.5x | 1.2x |
| Sun, 01 Oct 2023 | €46.9b | €41.3b | €2.2b | 20x | 21.6x | 1.1x |
| Tue, 29 Aug 2023 | €46.2b | €41.3b | €2.2b | 19.9x | 21.3x | 1.1x |
| Thu, 27 Jul 2023 | €45.9b | €40.8b | €2.2b | 21.8x | 20.6x | 1.1x |
| Sat, 24 Jun 2023 | €46.2b | €40.8b | €2.2b | 19.9x | 20.7x | 1.1x |
20.7x
Which industries have driven the changes within the Dutch Industrials industry?
| NL Market | 3.77% | |
| Industrials | -0.27% | |
| Professional Services | -4.86% | |
| HR Services | -0.45% | |
| Research and Consulting Services | -6.14% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BRNL Brunel International | €7.24 | 2.0% +€7.1m | -20.0% | PE119.6x | |
| MORE Morefield Group | €0.92 | 2.2% +€1.2m | 60.0% | PE13.7x |