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Dutch (AEX) Market Analysis & Valuation

UpdatedFeb 13, 2025
DataAggregated Company Financials
Companies101
  • 7D3.3%
  • 3M7.3%
  • 1Y1.6%
  • YTD6.0%

Over the last 7 days, the market has risen 3.3%, driven by gains of 8.0% in the Consumer Staples sector. As for last year, the market performance has been flat. Looking forward, earnings are forecast to grow by 13% annually.

Market Valuation and Performance

Has the Dutch Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Feb 2025€1.1t€572.3b€57.8b16.9x18.2x1.8x
Sat, 11 Jan 2025€993.4b€567.0b€51.9b16x19.1x1.8x
Mon, 09 Dec 2024€1.0t€561.8b€51.5b17.4x19.5x1.8x
Wed, 06 Nov 2024€971.2b€560.0b€50.9b17.5x19.1x1.7x
Fri, 04 Oct 2024€1.0t€561.2b€52.6b17.3x19.8x1.9x
Sun, 01 Sep 2024€1.1t€567.0b€40.1b16.6x26.3x1.9x
Tue, 30 Jul 2024€1.0t€562.2b€41.6b16.3x24.7x1.8x
Thu, 27 Jun 2024€1.1t€562.2b€41.2b16.2x26.9x2x
Sat, 25 May 2024€1.1t€561.5b€44.5b17.4x24.8x2x
Mon, 22 Apr 2024€1.0t€565.9b€45.2b16.1x22.1x1.8x
Wed, 20 Mar 2024€1.0t€547.2b€46.3b16.2x21.8x1.8x
Fri, 16 Feb 2024€1.0t€564.4b€49.1b15.9x20.4x1.8x
Sun, 14 Jan 2024€903.9b€590.3b€60.1b16.4x15x1.5x
Tue, 12 Dec 2023€910.1b€598.4b€60.5b15.8x15x1.5x
Thu, 09 Nov 2023€836.5b€602.4b€60.2b15.7x13.9x1.4x
Sat, 07 Oct 2023€818.5b€592.5b€50.3b15.7x16.3x1.4x
Mon, 04 Sep 2023€908.8b€588.3b€49.2b17.2x18.5x1.5x
Wed, 02 Aug 2023€931.1b€583.0b€53.7b16.4x17.3x1.6x
Fri, 30 Jun 2023€914.4b€584.4b€52.1b16.5x17.6x1.6x
Sun, 28 May 2023€893.7b€576.9b€47.7b16.9x18.7x1.5x
Tue, 25 Apr 2023€872.0b€572.6b€49.4b17x17.6x1.5x
Thu, 23 Mar 2023€741.0b€546.7b€44.8b15.8x16.5x1.4x
Sat, 18 Feb 2023€913.0b€551.4b€49.3b15.7x18.5x1.7x
Mon, 16 Jan 2023€900.0b€540.9b€53.9b14.8x16.7x1.7x
Wed, 14 Dec 2022€882.5b€543.4b€54.3b14.8x16.2x1.6x
Fri, 11 Nov 2022€833.8b€548.1b€72.1b13.3x11.6x1.5x
Sun, 09 Oct 2022€746.4b€511.3b€80.6b12.7x9.3x1.5x
Tue, 06 Sep 2022€793.8b€515.2b€73.7b12.8x10.8x1.5x
Thu, 04 Aug 2022€895.8b€533.8b€76.6b15.2x11.7x1.7x
Sat, 02 Jul 2022€790.6b€516.8b€75.0b14.4x10.5x1.5x
Mon, 30 May 2022€911.8b€512.7b€75.2b15.5x12.1x1.8x
Wed, 27 Apr 2022€908.9b€521.0b€73.7b17x12.3x1.7x
Fri, 25 Mar 2022€1.2t€719.8b€73.7b17.3x15.7x1.6x
Sun, 20 Feb 2022€1.4t€954.5b€89.5b18.9x15.4x1.4x
Price to Earnings Ratio

15.4x


Total Market Cap: €1.4tTotal Earnings: €89.5bTotal Revenue: €954.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 17.5x202320242025
Current Market PE
  • Investors are relatively neutral on the Dutch market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.5x.
Past Earnings Growth
  • The earnings for companies in the Dutch industry have declined 14% per year over the last three years.
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market3.25%
Consumer Staples8.00%
Consumer Discretionary6.76%
Materials5.95%
Telecom4.04%
Real Estate3.06%
Healthcare2.80%
Industrials1.75%
Tech1.69%
Financials1.14%
Utilities0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Energy-1.19%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 95.9x.
    • Analysts are expecting annual earnings growth of 30.9%, which is lower than the prior year's growth of 38.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 58% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 2.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
HEIA Heineken€77.5419.1%
+€7.0b
-11.0%PE41.3xConsumer Staples
PRX Prosus€40.387.1%
+€6.3b
38.7%PE12.3xConsumer Discretionary
ASML ASML Holding€718.401.7%
+€4.8b
-15.8%PE37.4xTech
HEIO Heineken Holding€67.4518.9%
+€3.0b
-6.4%PE35.5xConsumer Staples
UMG Universal Music Group€28.445.4%
+€2.7b
4.4%PE33.6xTelecom
See more
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HEIA

€77.54

Heineken

7D

19.1%

1Y

-11.0%

HEIO

€67.45

Heineken Holding

7D

18.9%

1Y

-6.4%

MT

€26.85

ArcelorMittal

7D

10.2%

1Y

6.7%

UMG

€28.44

Universal Music Group

7D

5.4%

1Y

4.4%

BFIT

€22.56

Basic-Fit

7D

-6.0%

1Y

-18.0%

CVC

€22.96

CVC Capital Partners

7D

-1.5%

1Y

n/a

ASML

€718.40

ASML Holding

7D

1.7%

1Y

-15.8%

PRX

€40.38

Prosus

7D

7.1%

1Y

38.7%

SBMO

€18.20

SBM Offshore

7D

-2.2%

1Y

49.2%

AD

€33.63

Koninklijke Ahold Delhaize

7D

-3.8%

1Y

26.2%