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Dutch (AEX) Market Analysis & Valuation

UpdatedAug 31, 2024
DataAggregated Company Financials
Companies102
  • 7D0.7%
  • 3M-2.4%
  • 1Y19.3%
  • YTD12.8%

Over the last 7 days, the market has remained flat, although notably the Materials sector gained 3.3% in that time. More promisingly, the market is up 19% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 Aug 2024€1.1t€567.0b€40.1b16.6x26.4x1.9x
Mon, 29 Jul 2024€1.0t€561.9b€41.5b16.5x25x1.8x
Wed, 26 Jun 2024€1.1t€561.9b€41.2b17.3x27x2x
Fri, 24 May 2024€1.1t€561.8b€44.5b17.4x24.8x2x
Sun, 21 Apr 2024€1.0t€565.9b€45.2b16.1x22.1x1.8x
Tue, 19 Mar 2024€1.0t€547.2b€46.3b16.1x21.7x1.8x
Thu, 15 Feb 2024€991.0b€568.6b€49.7b15.8x19.9x1.7x
Sat, 13 Jan 2024€903.9b€590.3b€60.1b16.4x15x1.5x
Mon, 11 Dec 2023€902.7b€598.3b€60.5b15.7x14.9x1.5x
Wed, 08 Nov 2023€836.8b€602.6b€60.3b15.5x13.9x1.4x
Fri, 06 Oct 2023€814.3b€593.1b€50.4b15.8x16.1x1.4x
Sun, 03 Sep 2023€908.8b€588.3b€49.2b17.2x18.5x1.5x
Tue, 01 Aug 2023€938.8b€582.6b€53.6b16.4x17.5x1.6x
Thu, 29 Jun 2023€898.8b€582.3b€52.0b16.9x17.3x1.5x
Sat, 27 May 2023€911.8b€577.0b€47.7b16.9x19.1x1.6x
Mon, 24 Apr 2023€881.1b€575.8b€49.7b17.2x17.7x1.5x
Wed, 22 Mar 2023€738.2b€546.8b€44.8b15.7x16.5x1.3x
Fri, 17 Feb 2023€922.1b€549.5b€49.0b15.6x18.8x1.7x
Sun, 15 Jan 2023€900.0b€540.9b€53.9b14.8x16.7x1.7x
Tue, 13 Dec 2022€862.3b€544.3b€54.5b14.7x15.8x1.6x
Thu, 10 Nov 2022€833.8b€548.1b€72.1b13.3x11.6x1.5x
Sat, 08 Oct 2022€746.6b€511.3b€80.6b12.7x9.3x1.5x
Mon, 05 Sep 2022€803.5b€513.9b€73.3b13.1x11x1.6x
Wed, 03 Aug 2022€879.2b€530.7b€76.0b15.1x11.6x1.7x
Fri, 01 Jul 2022€796.4b€516.3b€74.8b14.4x10.6x1.5x
Sun, 29 May 2022€911.8b€512.7b€75.2b15.5x12.1x1.8x
Tue, 26 Apr 2022€920.5b€520.4b€73.6b17x12.5x1.8x
Thu, 24 Mar 2022€1.2t€719.8b€73.7b17.5x15.7x1.6x
Sat, 19 Feb 2022€1.4t€951.4b€88.4b19x15.6x1.5x
Mon, 17 Jan 2022€1.3t€699.3b€59.2b21.5x21.9x1.9x
Wed, 15 Dec 2021€1.3t€705.3b€59.7b21x21.8x1.8x
Fri, 12 Nov 2021€1.4t€699.3b€43.3b21.7x32.3x2x
Sun, 10 Oct 2021€1.3t€677.2b€41.7b21x31.6x1.9x
Tue, 07 Sep 2021€1.3t€663.5b€40.3b22.6x33.3x2x
Price to Earnings Ratio

33.3x


Total Market Cap: €1.3tTotal Earnings: €40.3bTotal Revenue: €663.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 18.5x202220232024
Current Market PE
  • Investors are optimistic on the Dutch market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 26.4x which is higher than its 3-year average PE of 18.5x.
Past Earnings Growth
  • The earnings for Dutch listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 5.1% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market0.75%
Materials3.33%
Consumer Staples2.18%
Healthcare1.77%
Industrials1.76%
Telecom1.48%
Financials0.98%
Energy0.35%
Consumer Discretionary0.18%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Tech-0.63%
Real Estate-0.76%
Utilities-2.86%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 43.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 23.4% which is higher than its past year's earnings decline of 10.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 51% over the next 5 years.
  • In contrast, the Energy sector is expected to see its earnings decline by 2.5% 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
CCEP Coca-Cola Europacific Partners€72.603.6%
+€1.2b
25.0%PE20.7xConsumer Staples
DSFIR DSM-Firmenich€123.003.6%
+€1.1b
45.2%PS2.6xMaterials
INGA ING Groep€16.392.6%
+€1.1b
25.6%PB1xFinancials
HEIA Heineken€81.462.1%
+€930.0m
-9.0%PE43.3xConsumer Staples
AD Koninklijke Ahold Delhaize€31.062.9%
+€809.1m
2.2%PE15.6xConsumer Staples
See more
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