Dutch (AEX) Telecom Sector Analysis

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 20 Jun 2025	€66.5b	€21.1b	€3.0b	14.4x	22.5x	3.2x
Sun, 18 May 2025	€67.8b	€21.1b	€3.0b	14.4x	22.9x	3.2x
Tue, 15 Apr 2025	€59.9b	€21.0b	€3.0b	13.5x	20.2x	2.8x
Thu, 13 Mar 2025	€66.4b	€21.0b	€3.0b	13.2x	22.4x	3.2x
Sat, 08 Feb 2025	€65.0b	€20.7b	€2.5b	13.2x	26.4x	3.1x
Mon, 06 Jan 2025	€59.4b	€17.8b	€2.3b	17.1x	25.9x	3.3x
Wed, 04 Dec 2024	€57.2b	€17.8b	€2.3b	17.8x	24.9x	3.2x
Fri, 01 Nov 2024	€57.3b	€17.8b	€2.4b	13.3x	24.3x	3.2x
Sun, 29 Sep 2024	€58.3b	€17.7b	€2.3b	14x	24.8x	3.3x
Tue, 27 Aug 2024	€57.2b	€17.7b	€2.4b	13x	24.3x	3.2x
Thu, 25 Jul 2024	€66.6b	€17.3b	€2.1b	13.7x	32.5x	3.9x
Sat, 22 Jun 2024	€65.2b	€17.3b	€2.1b	13.6x	31.8x	3.8x
Mon, 20 May 2024	€66.7b	€17.3b	€2.1b	12.9x	32.5x	3.9x
Wed, 17 Apr 2024	€63.2b	€17.3b	€2.1b	15.2x	30.4x	3.7x
Fri, 15 Mar 2024	€63.9b	€17.3b	€2.1b	13x	30x	3.7x
Sun, 11 Feb 2024	€63.1b	€17.0b	€2.1b	12.6x	30.2x	3.7x
Tue, 09 Jan 2024	€59.1b	€16.9b	€2.1b	14.2x	28.7x	3.5x
Thu, 07 Dec 2023	€58.4b	€16.9b	€2.1b	14.1x	28.4x	3.5x
Sat, 04 Nov 2023	€56.0b	€16.9b	€2.0b	15.1x	28.2x	3.3x
Mon, 02 Oct 2023	€57.7b	€16.9b	€2.0b	14.5x	28.9x	3.4x
Wed, 30 Aug 2023	€55.6b	€16.8b	€2.0b	14.6x	27.9x	3.3x
Fri, 28 Jul 2023	€53.3b	€16.8b	€2.0b	12x	26.8x	3.2x
Sun, 25 Jun 2023	€48.3b	€16.4b	€1.6b	11.7x	30.6x	2.9x
Tue, 23 May 2023	€48.1b	€16.4b	€1.5b	11.8x	32.9x	2.9x
Thu, 20 Apr 2023	€51.5b	€16.4b	€1.4b	17.6x	35.5x	3.1x
Sat, 18 Mar 2023	€52.2b	€16.4b	€1.5b	13.7x	35.8x	3.2x
Mon, 13 Feb 2023	€53.5b	€15.5b	€1.4b	16x	39x	3.5x
Wed, 11 Jan 2023	€55.5b	€15.4b	€1.3b	16.5x	41.7x	3.6x
Fri, 09 Dec 2022	€57.6b	€15.4b	€1.3b	16.3x	43.4x	3.7x
Sun, 06 Nov 2022	€52.2b	€15.4b	€1.2b	15.9x	42x	3.4x
Tue, 04 Oct 2022	€51.8b	€15.4b	€1.2b	16.5x	42.5x	3.4x
Thu, 01 Sep 2022	€53.4b	€14.9b	€1.3b	18.4x	40.1x	3.6x
Sat, 30 Jul 2022	€58.2b	€14.1b	€1.3b	19x	43.7x	4.1x
Mon, 27 Jun 2022	€50.1b	€14.0b	€2.2b	15.1x	23.3x	3.6x

Current Industry PE

Investors are pessimistic on the Dutch Communication Services 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 22.5x which is lower than its 3-year average PE of 30.9x.

The industry is trading close to its 3-year average PS ratio of 3.4x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have grown 11% per year over the last three years.
Revenues for these companies have grown 15% 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 Telecom sector?


NL Market	-2.98%
Telecom	-3.56%
Telecom Services and Carriers	1.07%
Media	0%	0
Entertainment	-4.84%
Interactive Media and Services	-12.04%

Industry PE

Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 41.5x.

Analysts are expecting annual earnings growth of 0.6%, which is lower than the prior year's growth of 65.7% per year.

Forecasted Growth

Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 159% over the next 5 years.
However this is lower than its past earnings growth rate of 575% per year.