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Dutch (AEX) Market Analysis & Valuation

UpdatedJun 04, 2026
DataAggregated Company Financials
Companies99
  • 7D1.9%
  • 3M10.4%
  • 1Y32.9%
  • YTD14.7%

Over the last 7 days, the market has risen 1.9%, driven by gains of 7.2% in the Information Technology sector. On the other hand, with a decline of 3.5%, the Financials sector is lagging behind. As for the past 12 months, the market is up 33%. Earnings are forecast to grow by 14% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Jun 2026€1.4t€538.2b€61.3b18.4x22.4x2.6x
Sat, 02 May 2026€1.3t€537.3b€60.6b17.9x20.8x2.4x
Mon, 30 Mar 2026€1.2t€548.4b€61.0b15.7x19.7x2.2x
Wed, 25 Feb 2026€1.3t€519.3b€58.6b17.8x22.7x2.6x
Fri, 23 Jan 2026€1.2t€538.3b€54.7b17.2x22.7x2.3x
Sun, 21 Dec 2025€1.1t€541.0b€54.7b16.6x20.2x2x
Tue, 18 Nov 2025€1.1t€533.0b€53.5b16.6x20.4x2x
Thu, 16 Oct 2025€1.1t€535.3b€53.1b17.5x20.8x2.1x
Sat, 13 Sep 2025€1.0t€550.0b€67.6b16.7x15.2x1.9x
Mon, 11 Aug 2025€1.0t€545.5b€65.7b17.1x15.2x1.8x
Wed, 09 Jul 2025€1.0t€542.5b€62.0b18.7x16.8x1.9x
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
Price to Earnings Ratio

18.8x


Total Market Cap: €910.8bTotal Earnings: €48.4bTotal Revenue: €587.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 19.6x202420252026
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 22.4x which is higher than its 3-year average PE of 19.6x.
Past Earnings Growth
  • The earnings for Dutch listed companies have grown 8.2% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.9% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market1.86%
Tech7.20%
Consumer Discretionary3.04%
Energy0.075%
Materials-0.23%
Industrials-2.29%
Telecom-2.57%
Financials-3.53%
Utilities-3.57%
Consumer Staples-4.39%
Healthcare-4.87%
Real Estate-4.97%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 39.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.2%, which is higher than its past year's earnings growth of 15.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 32% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 6.9% 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€1.49k7.9%
+€41.9b
127.7%PE57.1xTech
PRX Prosus€40.253.3%
+€2.9b
-14.3%PE8xConsumer Discretionary
MT ArcelorMittal€61.265.3%
+€2.3b
129.1%PE18.5xMaterials
BESI BE Semiconductor Industries€288.404.3%
+€950.1m
167.2%PE150.5xTech
BAMNB Koninklijke BAM Groep€10.8811.9%
+€298.4m
45.6%PE13.3xIndustrials
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