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Dutch (AEX) Software Industry Analysis

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies4
  • 7D-3.6%
  • 3M-6.0%
  • 1Y-6.7%
  • YTD-4.3%

Over the last 7 days, the Software industry has dropped 3.2%, driven by a pullback from TomTom of 5.2%. Meanwhile, MKB Nedsense actually outperformed within the industry, gaining 9.4% in the last week. Overall the industry is down 6.7% in 12 months. Looking forward, earnings are forecast to grow by 103% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025€1.0b€874.4m-€52,953,000.00n/a-19.1x1.2x
Wed, 13 Aug 2025€974.3m€874.4m-€52,953,000.00154.7x-18.4x1.1x
Fri, 11 Jul 2025€819.6m€615.8m-€22,461,000.00115.6x-36.5x1.3x
Sun, 08 Jun 2025€833.1m€615.8m-€22,456,000.00115.6x-37.1x1.4x
Tue, 06 May 2025€803.8m€616.1m-€22,254,000.0030.9x-36.1x1.3x
Thu, 03 Apr 2025€791.2m€615.0m-€29,999,000.0028.2x-26.4x1.3x
Sat, 01 Mar 2025€799.3m€617.1m-€29,014,000.0029.7x-27.5x1.3x
Mon, 27 Jan 2025€1.1b€881.5m-€52,858,000.0032.9x-20.4x1.2x
Wed, 25 Dec 2024€1.0b€881.5m-€52,858,000.0033.2x-19.5x1.2x
Fri, 22 Nov 2024€1.1b€881.5m-€52,858,000.0034.4x-20.4x1.2x
Sun, 20 Oct 2024€1.1b€881.5m-€52,858,000.0035.6x-20.8x1.2x
Tue, 17 Sep 2024€1.1b€884.9m-€56,414,000.0039.2x-18.7x1.2x
Thu, 15 Aug 2024€1.0b€884.9m-€56,414,000.0044x-18.6x1.2x
Sat, 13 Jul 2024€1.2b€892.7m-€70,657,000.0045.6x-17x1.3x
Mon, 10 Jun 2024€1.2b€892.7m-€70,657,000.0048.7x-17.3x1.4x
Wed, 08 May 2024€1.1b€892.5m-€70,815,000.00n/a-15.7x1.2x
Fri, 05 Apr 2024€1.4b€893.9m-€62,974,000.00n/a-21.8x1.5x
Sun, 03 Mar 2024€1.3b€912.9m-€76,501,000.00n/a-17.5x1.5x
Tue, 30 Jan 2024€1.2b€909.6m-€74,486,000.00n/a-16.6x1.4x
Thu, 28 Dec 2023€1.2b€909.6m-€74,486,000.00n/a-16.5x1.4x
Sat, 25 Nov 2023€1.2b€909.6m-€74,486,000.00n/a-15.5x1.3x
Mon, 23 Oct 2023€1.1b€909.6m-€73,478,000.0020.9x-14.3x1.2x
Wed, 20 Sep 2023€1.2b€902.0m-€82,976,000.0069.4x-14.9x1.4x
Fri, 18 Aug 2023€1.3b€902.0m-€82,976,000.0069.3x-15.6x1.4x
Sun, 16 Jul 2023€1.3b€871.7m-€136,759,000.0072x-9.5x1.5x
Tue, 13 Jun 2023€1.3b€871.7m-€136,759,000.0077.7x-9.5x1.5x
Thu, 11 May 2023€1.4b€871.7m-€136,759,000.0069.9x-9.9x1.6x
Sat, 08 Apr 2023€1.3b€859.5m-€161,258,000.0050.8x-8.1x1.5x
Mon, 06 Mar 2023€1.4b€837.3m-€150,836,000.0054.5x-9x1.6x
Wed, 01 Feb 2023€1.3b€806.5m-€195,220,000.0053.1x-6.4x1.6x
Fri, 30 Dec 2022€1.2b€806.3m-€195,350,000.00105.6x-6.4x1.5x
Sun, 27 Nov 2022€1.5b€806.3m-€195,350,000.00112.1x-7.7x1.9x
Tue, 25 Oct 2022€1.3b€806.3m-€196,206,667.00118.5x-6.9x1.7x
Thu, 22 Sep 2022€1.5b€797.5m-€199,507,667.00109.7x-7.3x1.8x
Price to Earnings Ratio

-7.3x


Total Market Cap: €1.5bTotal Earnings: -€199,507,667.00Total Revenue: €797.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Software Industry Price to Earnings3Y Average -17.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Dutch Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 3.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

NL Market1.18%
Tech1.79%
Software-3.57%
Application Software-3.57%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 103% over the next 5 years.
    • In contrast, the Application Software industry is expected to see its earnings grow by 103% 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
    MTRK MotorK€4.210.2%
    +€478.7k
    -27.4%PS5x

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