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Dutch (AEX) Market Analysis & Valuation

UpdatedJun 06, 2025
DataAggregated Company Financials
Companies98
  • 7D0.3%
  • 3M1.3%
  • 1Y-6.7%
  • YTD5.7%

Over the last 7 days, the market has remained flat, although notably the Utilities sector gained 88% in that time. Unfortunately though, the market is down 6.7% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Jun 2025€1.0t€543.4b€58.3b19.1x17.9x1.9x
Sun, 04 May 2025€989.2b€542.4b€57.6b17.8x17.2x1.8x
Tue, 01 Apr 2025€976.9b€544.5b€57.5b17.5x17x1.8x
Thu, 27 Feb 2025€1.1t€566.7b€59.0b18x18.1x1.9x
Sat, 25 Jan 2025€1.0t€565.1b€51.7b16.8x19.4x1.8x
Mon, 23 Dec 2024€988.3b€562.7b€51.6b16x19.2x1.8x
Wed, 20 Nov 2024€955.0b€561.1b€50.7b16.8x18.9x1.7x
Fri, 18 Oct 2024€994.1b€563.3b€52.8b18.1x18.8x1.8x
Sun, 15 Sep 2024€1.0t€567.1b€40.1b16.5x25.4x1.8x
Tue, 13 Aug 2024€1.0t€564.9b€40.3b15.4x25x1.8x
Thu, 11 Jul 2024€1.1t€561.2b€41.1b16.3x27.5x2x
Sat, 08 Jun 2024€1.1t€561.7b€44.5b17.6x25.2x2x
Mon, 06 May 2024€1.1t€561.8b€44.5b16.9x23.9x1.9x
Wed, 03 Apr 2024€1.0t€553.5b€45.5b16.5x22.7x1.9x
Fri, 01 Mar 2024€1.0t€566.5b€50.0b16.3x20.1x1.8x
Sun, 28 Jan 2024€968.2b€592.4b€60.8b16.5x15.9x1.6x
Tue, 26 Dec 2023€914.1b€594.2b€60.1b16.5x15.2x1.5x
Thu, 23 Nov 2023€875.7b€597.2b€59.4b15.7x14.8x1.5x
Sat, 21 Oct 2023€790.4b€593.5b€51.0b15.4x15.5x1.3x
Mon, 18 Sep 2023€879.1b€591.9b€50.1b17x17.5x1.5x
Wed, 16 Aug 2023€890.0b€575.5b€47.3b16.9x18.8x1.5x
Fri, 14 Jul 2023€930.8b€579.8b€51.5b16.9x18.1x1.6x
Sun, 11 Jun 2023€910.8b€587.0b€48.4b16.8x18.8x1.6x
Tue, 09 May 2023€871.6b€569.7b€46.3b17.3x18.8x1.5x
Thu, 06 Apr 2023€889.4b€564.8b€50.5b16.1x17.6x1.6x
Sat, 04 Mar 2023€902.7b€556.1b€45.3b16.1x19.9x1.6x
Mon, 30 Jan 2023€924.1b€542.0b€53.9b15.6x17.1x1.7x
Wed, 28 Dec 2022€823.3b€543.3b€54.3b14.4x15.2x1.5x
Fri, 25 Nov 2022€863.4b€545.5b€54.7b14.7x15.8x1.6x
Sun, 23 Oct 2022€748.7b€511.9b€80.2b13.2x9.3x1.5x
Tue, 20 Sep 2022€784.0b€514.1b€73.4b12.7x10.7x1.5x
Thu, 18 Aug 2022€874.6b€509.0b€72.5b14.7x12.1x1.7x
Sat, 16 Jul 2022€816.7b€519.9b€76.1b15.1x10.7x1.6x
Mon, 13 Jun 2022€882.2b€514.5b€75.9b15.1x11.6x1.7x
Price to Earnings Ratio

11.6x


Total Market Cap: €882.2bTotal Earnings: €75.9bTotal Revenue: €514.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 17.9x202320242025
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 17.9x.
Past Earnings Growth
  • The earnings for Dutch listed companies have declined 8.4% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market0.27%
Utilities88.24%
Consumer Discretionary3.50%
Energy2.60%
Consumer Staples1.32%
Financials0.67%
Healthcare0.24%
Industrials-0.58%
Materials-0.65%
Tech-0.89%
Telecom-1.55%
Real Estate-2.04%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 15.3x.
    • This is likely because analysts are expecting annual earnings growth of 32.2% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 32% over the next 5 years.
  • In contrast, the Telecom sector is expected to see its earnings grow 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
ASML ASML Holding€667.602.1%
+€5.4b
-30.4%PE30.2xTech
PRX Prosus€47.224.5%
+€4.4b
39.2%PE15.4xConsumer Discretionary
ASM ASM International€505.405.4%
+€1.3b
-26.5%PE51.3xTech
ADYEN Adyen€1.72k2.1%
+€1.1b
40.0%PE58.7xFinancials
BESI BE Semiconductor Industries€113.606.6%
+€559.2m
-23.1%PE50.2xTech
See more
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Market Insights

It’s time for an update on renewable energy stocks, as well as nuclear stocks, which have continued to gain momentum. Specifically, we are having a look at the state of the clean energy transition, what it means for the sector, and how to find opportunities.

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