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Dutch (AEX) Market Analysis & Valuation

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies100
  • 7D5.6%
  • 3M3.1%
  • 1Y41.9%
  • YTD6.7%

Over the last 7 days, the market has risen 5.6%, driven by gains of 9.6% in the Information Technology sector. In the last year, the market has climbed 42%. As for the next few years, earnings are expected to grow by 14% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026€1.3t€546.9b€60.6b16.9x21.4x2.4x
Tue, 10 Mar 2026€1.2t€538.0b€60.6b16.5x20.5x2.3x
Thu, 05 Feb 2026€1.2t€539.7b€56.6b16.9x21.9x2.3x
Sat, 03 Jan 2026€1.1t€540.8b€54.7b16.9x21x2.1x
Mon, 01 Dec 2025€1.1t€533.6b€54.3b17.1x20.2x2.1x
Wed, 29 Oct 2025€1.1t€531.2b€53.0b16.9x21.1x2.1x
Fri, 26 Sep 2025€1.1t€535.0b€53.0b16.8x20.1x2x
Sun, 24 Aug 2025€1.0t€549.0b€66.7b16.5x15.4x1.9x
Tue, 22 Jul 2025€1.0t€544.0b€62.7b19x16.4x1.9x
Thu, 19 Jun 2025€1.0t€543.6b€58.3b18.3x17.6x1.9x
Sat, 17 May 2025€1.0t€545.0b€58.6b18.8x17.8x1.9x
Mon, 14 Apr 2025€903.9b€541.2b€57.1b16x15.8x1.7x
Wed, 12 Mar 2025€1.0t€561.2b€58.2b18.3x17.2x1.8x
Fri, 07 Feb 2025€1.0t€568.1b€52.6b17.2x19.6x1.8x
Sun, 05 Jan 2025€988.6b€563.6b€51.7b16.3x19.1x1.8x
Tue, 03 Dec 2024€987.5b€561.9b€50.6b16.8x19.5x1.8x
Thu, 31 Oct 2024€979.9b€562.7b€52.8b17.7x18.5x1.7x
Sat, 28 Sep 2024€1.1t€560.3b€52.6b17.7x20.1x1.9x
Mon, 26 Aug 2024€1.0t€566.1b€40.0b15.7x26.2x1.9x
Wed, 24 Jul 2024€1.1t€560.3b€40.8b16.3x26x1.9x
Fri, 21 Jun 2024€1.1t€562.5b€44.6b17.4x25.4x2x
Sun, 19 May 2024€1.1t€561.3b€44.5b18.9x24.8x2x
Tue, 16 Apr 2024€1.0t€567.5b€46.0b17.1x22.8x1.8x
Thu, 14 Mar 2024€1.0t€562.2b€45.5b16.8x22.3x1.8x
Sat, 10 Feb 2024€1.0t€568.0b€49.5b16.3x20.4x1.8x
Mon, 08 Jan 2024€893.0b€590.4b€60.1b16.2x14.8x1.5x
Wed, 06 Dec 2023€888.8b€598.1b€60.5b15.5x14.7x1.5x
Fri, 03 Nov 2023€826.9b€593.8b€53.7b15.7x15.4x1.4x
Sun, 01 Oct 2023€824.1b€592.7b€50.4b16.8x16.4x1.4x
Tue, 29 Aug 2023€905.9b€573.6b€46.6b17.3x19.4x1.6x
Thu, 27 Jul 2023€945.4b€583.3b€52.0b17.2x18.2x1.6x
Sat, 24 Jun 2023€891.2b€583.9b€48.1b16.8x18.5x1.5x
Mon, 22 May 2023€913.7b€576.2b€47.7b17.1x19.2x1.6x
Wed, 19 Apr 2023€891.9b€567.1b€47.4b16.9x18.8x1.6x
Price to Earnings Ratio

18.8x


Total Market Cap: €891.9bTotal Earnings: €47.4bTotal Revenue: €567.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 19.5x202420252026
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 21.4x which is higher than its 3-year average PE of 19.5x.
Past Earnings Growth
  • The earnings for Dutch listed companies have grown 8.5% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market5.55%
Tech9.63%
Materials9.45%
Telecom8.23%
Consumer Discretionary3.86%
Real Estate3.82%
Financials3.45%
Healthcare2.42%
Consumer Staples0.85%
Utilities0%0
Energy-0.81%
Industrials-2.70%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 39.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings growth of 5.5% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.9x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 19% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Energy sector is expected to see its earnings decline by 8.3% 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€1.27k9.4%
+€42.0b		120.0%PE50.9xTech
MT ArcelorMittal€52.0414.0%
+€4.9b		125.8%PE14.7xMaterials
INGA ING Groep€24.597.1%
+€4.7b		55.6%PB1.3xFinancials
UMG Universal Music Group€19.4313.6%
+€4.3b		-16.3%PE23.2xTelecom
ASM ASM International€757.8012.6%
+€4.2b		101.1%PE51.2xTech
See more

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