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Dutch (AEX) Market Analysis & Valuation

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies101
  • 7D-1.6%
  • 3M-3.7%
  • 1Y4.4%
  • YTD5.4%

Over the last 7 days, the market has dropped 1.6%, driven by a pullback of 1.4% in the Information Technology sector. In contrast to the last week, the market is actually up 4.4% over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024€988.3b€563.0b€51.6b16.1x19.2x1.8x
Fri, 22 Nov 2024€958.1b€562.0b€50.5b16.8x19x1.7x
Sun, 20 Oct 2024€1.0t€563.1b€52.8b18.2x19.2x1.8x
Tue, 17 Sep 2024€1.0t€566.7b€40.0b16.4x25.3x1.8x
Thu, 15 Aug 2024€1.0t€564.4b€40.2b15.3x25.3x1.8x
Sat, 13 Jul 2024€1.1t€560.6b€41.0b16.6x27.8x2x
Mon, 10 Jun 2024€1.1t€561.8b€44.5b17.6x25.2x2x
Wed, 08 May 2024€1.1t€561.9b€44.5b17.5x24.3x1.9x
Fri, 05 Apr 2024€1.1t€565.9b€45.3b16.6x23.2x1.9x
Sun, 03 Mar 2024€1.0t€569.8b€48.9b16.4x20.7x1.8x
Tue, 30 Jan 2024€970.7b€592.0b€60.5b16.6x16x1.6x
Thu, 28 Dec 2023€918.6b€593.5b€59.9b16.7x15.3x1.5x
Sat, 25 Nov 2023€880.0b€596.7b€59.3b15.7x14.8x1.5x
Mon, 23 Oct 2023€790.2b€593.5b€51.0b15.4x15.5x1.3x
Wed, 20 Sep 2023€868.1b€591.7b€50.1b17x17.3x1.5x
Fri, 18 Aug 2023€863.6b€576.0b€47.4b16.9x18.2x1.5x
Sun, 16 Jul 2023€940.7b€579.7b€51.5b16.9x18.3x1.6x
Tue, 13 Jun 2023€914.0b€586.9b€48.4b16.8x18.9x1.6x
Thu, 11 May 2023€878.5b€569.3b€45.9b17.2x19.1x1.5x
Sat, 08 Apr 2023€891.2b€567.6b€47.5b16.4x18.7x1.6x
Mon, 06 Mar 2023€902.7b€555.7b€44.8b16.1x20.2x1.6x
Wed, 01 Feb 2023€911.8b€542.6b€53.5b15.9x17x1.7x
Fri, 30 Dec 2022€826.4b€542.4b€54.2b14.3x15.2x1.5x
Sun, 27 Nov 2022€861.7b€545.6b€54.7b14.8x15.8x1.6x
Tue, 25 Oct 2022€748.7b€511.9b€80.2b13.2x9.3x1.5x
Thu, 22 Sep 2022€777.8b€512.4b€73.7b12.8x10.5x1.5x
Sat, 20 Aug 2022€863.5b€512.1b€73.2b14.6x11.8x1.7x
Mon, 18 Jul 2022€816.7b€519.9b€76.1b15.1x10.7x1.6x
Wed, 15 Jun 2022€841.3b€515.5b€76.2b14.6x11x1.6x
Fri, 13 May 2022€873.6b€529.0b€75.2b15.4x11.6x1.7x
Sun, 10 Apr 2022€957.1b€519.7b€73.9b17.1x13x1.8x
Tue, 08 Mar 2022€1.3t€957.6b€92.4b15.6x13.5x1.3x
Thu, 03 Feb 2022€1.4t€898.0b€63.8b20.4x22.5x1.6x
Sat, 01 Jan 2022€1.3t€700.5b€59.4b21.9x21.9x1.9x
Price to Earnings Ratio

21.9x


Total Market Cap: €1.3tTotal Earnings: €59.4bTotal Revenue: €700.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 17.6x202220232024
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 17.6x.
Past Earnings Growth
  • The earnings for companies in the Dutch industry have declined 4.6% per year over the last three years.
  • Revenues have also declined 7.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market-1.64%
Healthcare2.79%
Energy2.21%
Utilities0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-1.36%
Tech-1.42%
Telecom-1.56%
Financials-1.57%
Real Estate-1.65%
Consumer Staples-1.94%
Materials-1.99%
Consumer Discretionary-3.50%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 41.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.3% which is higher than its past year's earnings decline of 15.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 57% 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?

CompanyLast Price7D1YValuationSector
PHIA Koninklijke Philips€24.491.2%
+€280.2m
20.9%PS1.3xHealthcare
BESI BE Semiconductor Industries€134.952.6%
+€271.0m
-2.8%PE60.6xTech
THEON Theon International€12.5813.7%
+€106.4m
n/aPE14.5xIndustrials
VPK Koninklijke Vopak€42.841.6%
+€79.2m
39.9%PE12.9xEnergy
BFIT Basic-Fit€22.005.1%
+€70.0m
-18.2%PE190.5xConsumer Discretionary
See more
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This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

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