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Dutch (AEX) Market Analysis & Valuation
UpdatedAug 19, 2024
DataAggregated Company Financials
Companies102
- 7D3.8%
- 3M-4.7%
- 1Y19.5%
- YTD11.5%
The market has climbed 3.8% in the last 7 days, lead by the Information Technology sector with a gain of 6.1%. The market is up 20% over the last 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 19 Aug 2024 | €1.0t | €564.7b | €40.3b | 15.5x | 25.9x | 1.9x |
| Wed, 17 Jul 2024 | €1.1t | €560.7b | €41.0b | 16.3x | 27.3x | 2x |
| Fri, 14 Jun 2024 | €1.1t | €562.2b | €44.6b | 17.5x | 25.5x | 2x |
| Sun, 12 May 2024 | €1.1t | €561.8b | €44.3b | 18.7x | 24.5x | 1.9x |
| Tue, 09 Apr 2024 | €1.1t | €565.6b | €45.2b | 16.5x | 23.3x | 1.9x |
| Thu, 07 Mar 2024 | €1.0t | €566.7b | €48.8b | 16.6x | 20.9x | 1.8x |
| Sat, 03 Feb 2024 | €973.4b | €579.8b | €52.7b | 16.2x | 18.5x | 1.7x |
| Mon, 01 Jan 2024 | €917.1b | €594.0b | €60.0b | 16.8x | 15.3x | 1.5x |
| Wed, 29 Nov 2023 | €870.8b | €596.2b | €59.2b | 15.8x | 14.7x | 1.5x |
| Fri, 27 Oct 2023 | €801.8b | €593.2b | €52.5b | 15.9x | 15.3x | 1.4x |
| Sun, 24 Sep 2023 | €825.9b | €592.0b | €50.3b | 16.7x | 16.4x | 1.4x |
| Tue, 22 Aug 2023 | €860.9b | €572.3b | €47.3b | 16.5x | 18.2x | 1.5x |
| Thu, 20 Jul 2023 | €928.2b | €581.5b | €52.0b | 16.9x | 17.9x | 1.6x |
| Sat, 17 Jun 2023 | €921.0b | €585.4b | €48.2b | 17x | 19.1x | 1.6x |
| Mon, 15 May 2023 | €881.8b | €574.2b | €47.6b | 17.1x | 18.5x | 1.5x |
| Wed, 12 Apr 2023 | €896.7b | €567.5b | €47.5b | 16.5x | 18.9x | 1.6x |
| Fri, 10 Mar 2023 | €890.3b | €547.1b | €43.8b | 15.7x | 20.3x | 1.6x |
| Sun, 05 Feb 2023 | €934.1b | €543.3b | €53.7b | 15.2x | 17.4x | 1.7x |
| Tue, 03 Jan 2023 | €825.9b | €542.5b | €54.2b | 14.5x | 15.2x | 1.5x |
| Thu, 01 Dec 2022 | €857.6b | €546.4b | €54.8b | 14.5x | 15.6x | 1.6x |
| Sat, 29 Oct 2022 | €758.6b | €511.5b | €77.6b | 13.5x | 9.8x | 1.5x |
| Mon, 26 Sep 2022 | €744.3b | €514.2b | €74.3b | 12.3x | 10x | 1.4x |
| Wed, 24 Aug 2022 | €843.3b | €512.4b | €73.5b | 14x | 11.5x | 1.6x |
| Fri, 22 Jul 2022 | €868.6b | €519.4b | €75.6b | 15.6x | 11.5x | 1.7x |
| Sun, 19 Jun 2022 | €854.4b | €515.3b | €76.3b | 14.4x | 11.2x | 1.7x |
| Tue, 17 May 2022 | €891.2b | €515.6b | €76.0b | 15.8x | 11.7x | 1.7x |
| Thu, 14 Apr 2022 | €951.4b | €519.8b | €74.0b | 16.6x | 12.9x | 1.8x |
| Sat, 12 Mar 2022 | €1.1t | €716.4b | €73.6b | 16.4x | 14.9x | 1.5x |
| Mon, 07 Feb 2022 | €1.4t | €930.9b | €77.1b | 19.9x | 18.2x | 1.5x |
| Wed, 05 Jan 2022 | €1.3t | €702.3b | €59.6b | 22x | 22.1x | 1.9x |
| Fri, 03 Dec 2021 | €1.3t | €704.4b | €59.6b | 21x | 22.2x | 1.9x |
| Sun, 31 Oct 2021 | €1.4t | €693.8b | €41.8b | 22.1x | 33.1x | 2x |
| Tue, 28 Sep 2021 | €1.3t | €666.7b | €40.4b | 21.7x | 33.3x | 2x |
| Thu, 26 Aug 2021 | €1.3t | €663.5b | €40.3b | 22.6x | 32.2x | 2x |
Price to Earnings Ratio
32.2x
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 25.9x which is higher than its 3-year average PE of 18.6x.
Past Earnings Growth
- The earnings for Dutch listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have declined 5.2% 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 Market | 3.77% | |
| Tech | 6.11% | |
| Financials | 5.76% | |
| Energy | 2.99% | |
| Consumer Discretionary | 2.75% | |
| Consumer Staples | 1.67% | |
| Industrials | 1.45% | |
| Telecom | 0.73% | |
| Healthcare | 0.23% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Real Estate | -0.23% | |
| Materials | -1.55% | |
| Utilities | -2.94% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 44.0x.
- 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 52% over the next 5 years.
- In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ASML ASML Holding | €832.50 | 6.1% +€18.8b | 38.8% | PE48.5x | Tech | |
| ADYEN Adyen | €1.30k | 18.3% +€6.2b | 62.9% | PE48.8x | Financials | |
| CVC CVC Capital Partners | €18.57 | 9.3% +€1.7b | n/a | PE53.8x | Financials | |
| ASM ASM International | €605.80 | 5.8% +€1.6b | 39.5% | PE54x | Tech | |
| INGA ING Groep | €15.74 | 3.3% +€1.4b | 21.2% | PB0.9x | Financials |
