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Dutch (AEX) Tech Sector Analysis

UpdatedFeb 01, 2026
DataAggregated Company Financials
Companies10
  • 7D2.7%
  • 3M30.2%
  • 1Y63.1%
  • YTD23.1%

In the last week, the Tech industry is up 2.7%, with ASML Holding up 3.2%. In the same time, BE Semiconductor Industries was down 6.0%. This means that the industry has gained 63% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Feb 2026€518.9b€37.8b€10.5b44.3x49.3x13.7x
Tue, 30 Dec 2025€388.5b€37.3b€10.4b32.3x37.4x10.4x
Thu, 27 Nov 2025€387.4b€37.3b€10.4b29.8x37.3x10.4x
Sat, 25 Oct 2025€386.9b€37.3b€10.1b36.6x38.2x10.4x
Mon, 22 Sep 2025€342.8b€37.3b€10.1b32.7x34x9.2x
Wed, 20 Aug 2025€280.1b€37.3b€10.1b27.3x27.8x7.5x
Fri, 18 Jul 2025€290.1b€36.9b€10.1b40.9x28.8x7.9x
Sun, 15 Jun 2025€298.2b€35.4b€9.4b41.4x31.8x8.4x
Tue, 13 May 2025€296.5b€35.4b€9.4b39.7x31.7x8.4x
Thu, 10 Apr 2025€242.9b€32.8b€8.4b26.4x28.8x7.4x
Sat, 08 Mar 2025€293.7b€32.8b€8.4b30.7x34.8x9x
Mon, 03 Feb 2025€323.8b€32.9b€8.3b37.6x39.2x9.8x
Wed, 01 Jan 2025€306.2b€30.9b€7.6b38.6x40.2x9.9x
Fri, 29 Nov 2024€287.5b€30.9b€7.6b36.8x37.8x9.3x
Sun, 27 Oct 2024€296.6b€30.7b€7.6b38x38.9x9.7x
Tue, 24 Sep 2024€319.8b€29.9b€7.4b40.7x43.1x10.7x
Thu, 22 Aug 2024€373.2b€29.9b€7.4b45.6x50.3x12.5x
Sat, 20 Jul 2024€371.4b€29.9b€7.4b46.5x50.1x12.4x
Mon, 17 Jun 2024€421.3b€30.5b€7.8b50.7x54.2x13.8x
Wed, 15 May 2024€372.8b€30.5b€7.8b46.5x48x12.2x
Fri, 12 Apr 2024€400.0b€32.3b€8.7b41.9x45.8x12.4x
Sun, 10 Mar 2024€405.7b€32.3b€8.7b40.5x46.5x12.6x
Tue, 06 Feb 2024€362.5b€32.1b€8.8b28.8x41.1x11.3x
Thu, 04 Jan 2024€288.8b€32.2b€8.6b22.1x33.5x9x
Sat, 02 Dec 2023€287.4b€32.3b€8.6b21.1x33.3x8.9x
Mon, 30 Oct 2023€250.1b€32.3b€8.6b21.5x28.9x7.8x
Wed, 27 Sep 2023€242.0b€31.4b€7.9b21.8x30.8x7.7x
Fri, 25 Aug 2023€270.0b€31.4b€7.9b22.9x34.4x8.6x
Sun, 23 Jul 2023€276.1b€31.3b€7.9b23.7x35x8.8x
Tue, 20 Jun 2023€290.7b€29.8b€7.6b24.2x38.1x9.8x
Thu, 18 May 2023€266.3b€29.8b€7.6b24x34.9x8.9x
Sat, 15 Apr 2023€265.8b€26.4b€6.1b21.1x43.2x10.1x
Mon, 13 Mar 2023€294.9b€37.3b€6.8b22.6x43.3x7.9x
Wed, 08 Feb 2023€321.2b€35.5b€6.7b20.5x47.8x9x
Price to Earnings Ratio

47.8x


Total Market Cap: €321.2bTotal Earnings: €6.7bTotal Revenue: €35.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Tech Sector Price to Earnings3Y Average 38.7x202420252026
Current Industry PE
  • Investors are optimistic on the Dutch Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.3x which is higher than its 3-year average PE of 38.7x.
  • The 3-year average PS ratio of 9.9x is lower than the industry's current PS ratio of 13.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 Market0.47%
Tech2.67%
Semiconductors2.69%
Electronic Equipment and Components-0.34%
IT-2.48%
Software-2.74%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 38.2x.
    • Analysts are expecting annual earnings growth of 15.5%, which is lower than the prior year's growth of 26.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 92% over the next 5 years.
  • In contrast, the IT industry is expected to see its earnings grow by 9.6% 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
ASML ASML Holding€1.22k3.2%
+€14.4b
68.2%PE48.9x
MTRK MotorK€4.092.8%
+€5.3m
-24.0%PS4.8x
CMCOM CM.com€4.401.7%
+€2.4m
-24.4%PS0.5x
NEDSE MKB Nedsense€0.217.2%
+€1.6m
220.0%PB2.7x