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Dutch (AEX) Tech Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies12
  • 7D-1.4%
  • 3M30.9%
  • 1Y43.7%
  • YTD25.0%

Over the last 7 days, the Tech industry has dropped 1.8%, driven by ASML Holding declining 1.5%. Meanwhile, Theon International actually outperformed within the industry, gaining 6.4% in the last week. In the past year, the industry has gained 46%. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024€368.6b€32.3b€8.8b28.1x41.7x11.4x
Fri, 19 Jan 2024€304.7b€32.2b€8.6b21.5x35.3x9.4x
Sun, 17 Dec 2023€311.5b€32.3b€8.6b21.8x36.1x9.7x
Tue, 14 Nov 2023€274.5b€32.3b€8.6b23.1x31.8x8.5x
Thu, 12 Oct 2023€253.0b€31.4b€7.9b18.4x32.2x8.1x
Sat, 09 Sep 2023€263.7b€31.4b€7.9b21.7x33.6x8.4x
Mon, 07 Aug 2023€278.3b€31.4b€7.9b23.5x35.4x8.9x
Wed, 05 Jul 2023€293.3b€29.8b€7.6b23.8x38.4x9.8x
Fri, 02 Jun 2023€297.7b€29.8b€7.6b24.7x39x10x
Sun, 30 Apr 2023€251.4b€29.8b€7.6b21.1x32.9x8.4x
Tue, 28 Mar 2023€264.2b€26.4b€6.1b22.5x43x10x
Thu, 23 Feb 2023€303.2b€37.0b€6.7b24.1x45.2x8.2x
Sat, 21 Jan 2023€300.8b€34.0b€6.6b20.7x45.3x8.8x
Mon, 19 Dec 2022€279.4b€34.0b€6.6b18.9x42.1x8.2x
Wed, 16 Nov 2022€302.0b€34.0b€6.6b18.9x45.5x8.9x
Fri, 14 Oct 2022€222.7b€33.3b€7.0b18.5x31.9x6.7x
Sun, 11 Sep 2022€266.6b€33.3b€7.0b18.6x38.2x8x
Tue, 09 Aug 2022€302.8b€31.8b€6.9b19.8x44x9.5x
Thu, 07 Jul 2022€232.2b€30.2b€6.5b19.6x35.5x7.7x
Sat, 04 Jun 2022€278.4b€30.2b€6.5b21.1x42.6x9.2x
Mon, 02 May 2022€293.6b€30.2b€6.5b22.4x44.9x9.7x
Wed, 30 Mar 2022€343.5b€30.9b€7.1b23.4x48.2x11.1x
Fri, 25 Feb 2022€303.5b€30.1b€7.3b21.6x41.5x10.1x
Sun, 23 Jan 2022€340.0b€28.5b€7.1b23.5x47.7x11.9x
Tue, 21 Dec 2021€364.3b€27.8b€6.7b21.5x54.3x13.1x
Thu, 18 Nov 2021€425.9b€26.3b€6.6b24x64.9x16.2x
Sat, 16 Oct 2021€380.1b€24.8b€5.8b23.8x65.9x15.3x
Mon, 13 Sep 2021€407.7b€24.7b€5.8b29.5x70.8x16.5x
Wed, 11 Aug 2021€368.5b€24.7b€5.8b28.1x64x14.9x
Sun, 06 Jun 2021€302.8b€23.3b€5.3b37.4x56.9x13x
Wed, 10 Mar 2021€268.6b€20.7b€4.3b36.2x63.1x13x
Price to Earnings Ratio

63.1x


Total Market Cap: €268.6bTotal Earnings: €4.3bTotal Revenue: €20.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Tech Sector Price to Earnings3Y Average 45.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Dutch Information Technology 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 42.8x which is lower than its 3-year average PE of 45.8x.
  • The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 11.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NL Market-0.27%
Tech-1.45%
Electronic Equipment and Components4.79%
IT0.34%
Communications0%
Tech Hardware0%
Software-1.32%
Semiconductors-1.47%
Industry PE
  • Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 41.1x.
    • Analysts are expecting annual earnings growth of 15.0%, which is lower than the prior year's growth of 39.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 96% over the next 5 years.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 13% 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
THEON Theon International€12.296.4%
+€51.7m
n/aPE26.4x
BESI BE Semiconductor Industries€153.200.3%
+€38.6m
126.6%PE72.8x
NEDAP Nedap€67.601.8%
+€7.9m
12.9%PE21.4x
CMCOM CM.com€7.830.8%
+€1.9m
-18.4%PS0.8x
MTRK MotorK€3.990.5%
+€814.4k
66.3%PS3.7x
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Latest News

ASM

€542.50

ASM International

7D

-1.5%

1Y

71.7%

THEON

€12.29

Theon International

7D

6.4%

1Y

n/a

BESI

€153.20

BE Semiconductor Industries

7D

0.3%

1Y

126.6%

ASML

€837.70

ASML Holding

7D

-1.5%

1Y

40.3%

NEDAP

€67.60

Nedap

7D

1.8%

1Y

12.9%

MTRK

€3.99

MotorK

7D

0.5%

1Y

66.3%

TITAN

€1.86

Titan

7D

24.0%

1Y

-89.7%

CMCOM

€7.83

CM.com

7D

0.8%

1Y

-18.4%

EAS2P

€0.62

Ease2pay

7D

4.4%

1Y

-57.2%

CTAC

€3.30

Ctac

7D

-2.4%

1Y

-9.1%

ROOD

€0.34

RoodMicrotec

7D

1.8%

1Y

60.8%

NEDSE

€0.076

MKB Nedsense

7D

-2.6%

1Y

-43.5%