Dutch (AEX) IT Industry Analysis

Industry Valuation and Performance

Has the Dutch IT Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 02 Jun 2023	€620.7m	€564.2m	€25.2m	16x	24.7x	1.1x
Sun, 30 Apr 2023	€616.0m	€563.3m	€25.4m	16.2x	24.3x	1.1x
Tue, 28 Mar 2023	€656.8m	€563.3m	€25.1m	16.8x	26.2x	1.2x
Thu, 23 Feb 2023	€46.2b	€11.4b	€685.1m	19.2x	67.4x	4x
Sat, 21 Jan 2023	€43.8b	€9.9b	€670.8m	19.1x	65.3x	4.4x
Mon, 19 Dec 2022	€44.9b	€9.9b	€670.6m	16.4x	67x	4.6x
Wed, 16 Nov 2022	€51.0b	€9.9b	€671.3m	17.2x	75.9x	5.2x
Fri, 14 Oct 2022	€41.8b	€9.9b	€671.3m	16.7x	62.2x	4.2x
Sun, 11 Sep 2022	€48.7b	€9.9b	€672.3m	18.1x	72.5x	4.9x
Tue, 09 Aug 2022	€59.1b	€8.3b	€579.0m	21.4x	102.1x	7.1x
Thu, 07 Jul 2022	€48.4b	€8.3b	€576.8m	24.4x	84x	5.8x
Sat, 04 Jun 2022	€47.9b	€8.3b	€576.8m	25.3x	83.1x	5.8x
Mon, 02 May 2022	€53.8b	€8.3b	€578.5m	37.4x	93x	6.5x
Wed, 30 Mar 2022	€63.1b	€8.3b	€578.6m	34.9x	109x	7.6x
Fri, 25 Feb 2022	€59.0b	€8.1b	€650.6m	17.1x	90.7x	7.3x
Sun, 23 Jan 2022	€60.2b	€6.7b	€548.0m	17.7x	109.8x	8.9x
Tue, 21 Dec 2021	€68.9b	€6.7b	€548.0m	17.2x	125.8x	10.2x
Thu, 18 Nov 2021	€82.6b	€5.1b	€397.0m	36.3x	208x	16.1x
Sat, 16 Oct 2021	€81.3b	€5.1b	€397.0m	35.3x	204.7x	15.9x
Mon, 13 Sep 2021	€81.1b	€5.1b	€397.0m	36.1x	204.2x	15.8x
Wed, 11 Aug 2021	€71.7b	€5.1b	€397.0m	36x	180.7x	14x
Sun, 06 Jun 2021	€58.0b	€4.6b	€342.3m	37.4x	169.3x	12.5x
Wed, 10 Mar 2021	€58.6b	€4.1b	€287.3m	59.5x	203.8x	14.2x
Tue, 01 Dec 2020	€48.9b	€3.8b	€282.5m	13.1x	173.1x	12.8x
Fri, 04 Sep 2020	€43.0b	€3.5b	€260.2m	11.3x	165.4x	12.1x
Mon, 08 Jun 2020	€35.9b	€3.3b	€254.8m	10.5x	141.1x	10.8x

Current Industry PE

Investors are pessimistic on the Dutch IT 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 24.7x which is lower than its 3-year average PE of 127x.

The 3-year average PS ratio of 9.3x is higher than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the IT industry have declined 54% per year over the last three years,
Revenues have also declined 45% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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


NL Market	0.62%
Tech	3.92%
IT	1.94%
IT Consulting	1.99%
Internet Services and Infrastructure	1.08%
Data Processing Services	0%

Industry PE

Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 15.7x.

Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings growth of 2.6% per year.

Forecasted Growth

Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 14% over the next 5 years.
This is better than its past earnings growth rate of 2.6% per year.

In contrast, the Data Processing Services industry is expected to see its earnings grow by 7.9% 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
EAS2P Ease2pay	€0.95	61.0% +€8.5m	-63.5%	PS12x
ORDI Ordina	€5.64	0.4% +€1.8m	17.5%	PE21.2x
CTAC Ctac	€3.86	2.1% +€1.1m	1.3%	PE10.7x
TIE TIE Kinetix	€18.80	1.1% +€391.8k	-2.1%	PS2.4x
LVIDE Lavide Holding	€0.24	16.8% +€194.6k	-45.1%	PE-6.3x

Oct 02

Industry Valuation and Performance