Dutch (AEX) Tech Sector Analysis

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 30 Aug 2025	€285.4b	€37.3b	€10.1b	28.3x	28.3x	7.7x
Mon, 28 Jul 2025	€266.1b	€37.3b	€10.1b	33.2x	26.4x	7.1x
Wed, 25 Jun 2025	€309.7b	€35.4b	€9.4b	42.8x	33.1x	8.7x
Fri, 23 May 2025	€291.8b	€35.4b	€9.4b	38.7x	31.2x	8.2x
Sun, 20 Apr 2025	€249.9b	€35.2b	€9.6b	26.8x	26.1x	7.1x
Tue, 18 Mar 2025	€291.9b	€32.8b	€8.4b	32x	34.6x	8.9x
Thu, 13 Feb 2025	€321.2b	€32.9b	€8.3b	37.5x	38.8x	9.8x
Sat, 11 Jan 2025	€327.2b	€30.9b	€7.6b	39.7x	42.9x	10.6x
Mon, 09 Dec 2024	€303.1b	€30.9b	€7.6b	37.9x	39.8x	9.8x
Wed, 06 Nov 2024	€280.1b	€30.9b	€7.6b	35.6x	36.8x	9.1x
Fri, 04 Oct 2024	€336.3b	€29.9b	€7.4b	45.1x	45.3x	11.3x
Sun, 01 Sep 2024	€360.2b	€29.9b	€7.4b	44.1x	48.6x	12.1x
Tue, 30 Jul 2024	€358.0b	€29.9b	€7.4b	45.8x	48.3x	12x
Thu, 27 Jun 2024	€419.8b	€30.5b	€7.8b	49.6x	54x	13.7x
Sat, 25 May 2024	€391.4b	€30.5b	€7.8b	48.7x	50.3x	12.8x
Mon, 22 Apr 2024	€361.2b	€30.8b	€8.0b	39.8x	45.2x	11.7x
Wed, 20 Mar 2024	€382.6b	€32.3b	€8.7b	38.6x	43.8x	11.9x
Fri, 16 Feb 2024	€379.0b	€32.3b	€8.8b	28.9x	42.8x	11.7x
Sun, 14 Jan 2024	€290.7b	€32.2b	€8.6b	21.8x	33.7x	9x
Tue, 12 Dec 2023	€295.7b	€32.3b	€8.6b	21.3x	34.3x	9.2x
Thu, 09 Nov 2023	€268.6b	€32.3b	€8.6b	23.2x	31.1x	8.3x
Sat, 07 Oct 2023	€251.2b	€31.4b	€7.9b	19.3x	32x	8x
Mon, 04 Sep 2023	€274.3b	€31.4b	€7.9b	22.3x	34.9x	8.7x
Wed, 02 Aug 2023	€287.1b	€31.4b	€7.9b	23.3x	36.5x	9.2x
Fri, 30 Jun 2023	€292.8b	€29.8b	€7.6b	24x	38.3x	9.8x
Sun, 28 May 2023	€299.7b	€29.8b	€7.6b	24.4x	39.2x	10.1x
Tue, 25 Apr 2023	€252.0b	€29.7b	€7.4b	21x	33.9x	8.5x
Thu, 23 Mar 2023	€261.8b	€26.4b	€6.1b	22.4x	42.6x	9.9x
Sat, 18 Feb 2023	€312.0b	€37.0b	€6.7b	20.5x	46.4x	8.4x
Mon, 16 Jan 2023	€307.5b	€34.0b	€6.6b	20.9x	46.3x	9x
Wed, 14 Dec 2022	€306.2b	€34.0b	€6.6b	19.1x	46.1x	9x
Fri, 11 Nov 2022	€285.8b	€34.0b	€6.6b	18.7x	43x	8.4x
Sun, 09 Oct 2022	€239.6b	€33.3b	€7.0b	18.6x	34.3x	7.2x
Tue, 06 Sep 2022	€257.8b	€33.3b	€7.0b	19x	36.9x	7.7x

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 28.3x which is lower than its 3-year average PE of 39.1x.

The 3-year average PS ratio of 9.5x is higher than the industry's current PS ratio of 7.7x.

Past Earnings Growth

The earnings for companies in the Information Technology industry have grown 13% per year over the last three years.
Revenues for these companies have grown 3.8% 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	0.09%
Tech	3.34%
Software	7.04%
Semiconductors	3.33%
Electronic Equipment and Components	2.35%
IT	-0.32%

Industry PE

Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 20.8x.

Analysts are expecting annual earnings growth of 15.2%, which is lower than the prior year's growth of 23.0% per year.

Forecasted Growth

Analysts are most optimistic on the Software industry, expecting annual earnings growth of 103% 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?

Company	Last Price	7D	1Y	Valuation
ASM ASM International	€410.70	0.2% +€48.9m	-32.8%	PE38.1x
MTRK MotorK	€4.48	14.9% +€28.0m	-24.8%	PS5.3x
TOM2 TomTom	€5.27	1.9% +€12.4m	1.0%	PS1.2x
LVIDE Lavide Holding	€0.52	3.1% +€139.5k	114.8%	PB37.2x