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Dutch (AEX) Market Analysis & Valuation

UpdatedMar 04, 2025
DataAggregated Company Financials
Companies101
  • 7D-1.3%
  • 3M6.2%
  • 1Y-1.2%
  • YTD5.9%

Over the last 7 days, the market has dropped 2.1%, driven by a decline of 5.4% in the Information Technology sector. In the last 12 months the market has been flat overall. Looking forward, earnings are forecast to grow by 13% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Mar 2025€1.0t€567.2b€59.2b18.2x17.7x1.9x
Thu, 30 Jan 2025€989.2b€565.6b€51.8b17.1x19.1x1.7x
Sat, 28 Dec 2024€991.0b€562.8b€51.6b16.1x19.2x1.8x
Mon, 25 Nov 2024€969.3b€562.3b€50.7b16.7x19.1x1.7x
Wed, 23 Oct 2024€1.0t€563.5b€52.8b18.1x19.1x1.8x
Fri, 20 Sep 2024€1.0t€566.6b€40.0b16.1x25.8x1.8x
Sun, 18 Aug 2024€1.0t€564.7b€40.3b15.5x25.9x1.9x
Tue, 16 Jul 2024€1.1t€560.7b€41.0b16.3x27.5x2x
Thu, 13 Jun 2024€1.1t€561.8b€44.5b17.5x25.1x2x
Sat, 11 May 2024€1.1t€561.8b€44.3b18.7x24.5x1.9x
Mon, 08 Apr 2024€1.0t€565.8b€45.3b16.4x23.2x1.9x
Wed, 06 Mar 2024€1.0t€567.0b€48.8b16.7x20.7x1.8x
Fri, 02 Feb 2024€969.6b€579.1b€52.6b16.3x18.4x1.7x
Sun, 31 Dec 2023€917.1b€594.0b€60.0b16.8x15.3x1.5x
Tue, 28 Nov 2023€876.7b€596.7b€59.3b15.8x14.8x1.5x
Thu, 26 Oct 2023€801.7b€593.7b€52.7b15.5x15.2x1.4x
Sat, 23 Sep 2023€825.9b€591.9b€50.2b16.7x16.4x1.4x
Mon, 21 Aug 2023€860.9b€572.9b€47.4b16.5x18.2x1.5x
Wed, 19 Jul 2023€930.4b€579.8b€51.4b16.9x18.1x1.6x
Fri, 16 Jun 2023€926.2b€585.4b€48.2b17x19.2x1.6x
Sun, 14 May 2023€881.8b€574.2b€47.6b17.1x18.5x1.5x
Tue, 11 Apr 2023€891.2b€567.6b€47.5b16.4x18.8x1.6x
Thu, 09 Mar 2023€892.0b€541.4b€43.8b15.9x20.4x1.6x
Sat, 04 Feb 2023€933.6b€543.1b€53.5b15.2x17.4x1.7x
Mon, 02 Jan 2023€811.2b€542.1b€54.2b14.1x15x1.5x
Wed, 30 Nov 2022€852.3b€546.2b€54.8b14.4x15.6x1.6x
Fri, 28 Oct 2022€765.4b€510.8b€77.3b13.5x9.9x1.5x
Sun, 25 Sep 2022€744.3b€514.2b€74.3b12.3x10x1.4x
Tue, 23 Aug 2022€844.3b€512.7b€73.6b14x11.5x1.6x
Thu, 21 Jul 2022€851.4b€518.8b€75.6b15.1x11.3x1.6x
Sat, 18 Jun 2022€829.3b€515.3b€76.3b14.4x10.9x1.6x
Mon, 16 May 2022€892.8b€515.6b€76.0b15.7x11.7x1.7x
Wed, 13 Apr 2022€948.3b€519.7b€73.9b16.8x12.8x1.8x
Fri, 11 Mar 2022€1.1t€715.8b€73.4b16.5x14.9x1.5x
Price to Earnings Ratio

14.9x


Total Market Cap: €1.1tTotal Earnings: €73.4bTotal Revenue: €715.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Market Price to Earnings3Y Average 17.6x202320242025
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 13% per year over the last three years.
  • Revenues have also declined 16% 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-1.34%
Energy2.37%
Financials1.90%
Materials1.90%
Healthcare1.02%
Consumer Discretionary0.58%
Consumer Staples0.51%
Utilities0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Real Estate-0.03%
Telecom-3.83%
Tech-4.00%
Industrials-7.42%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 96.5x.
    • Analysts expect its future annual earnings growth (25.5%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 54% over the next 5 years.
  • In contrast, the Financials 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
INGA ING Groep€17.747.5%
+€3.8b
36.1%PB1.1xFinancials
MT ArcelorMittal€28.807.3%
+€1.5b
21.3%PE17.7xMaterials
NN NN Group€48.885.1%
+€642.9m
23.9%PE8.7xFinancials
ABN ABN AMRO Bank€18.364.2%
+€612.3m
22.7%PB0.6xFinancials
ASRNL ASR Nederland€51.084.9%
+€502.1m
22.8%PE10.7xFinancials
See more
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WKL

€150.30

Wolters Kluwer

7D

-12.9%

1Y

3.2%

ASRNL

€51.08

ASR Nederland

7D

4.9%

1Y

22.8%

ASML

€690.30

ASML Holding

7D

-3.3%

1Y

-24.4%

CVC

€22.06

CVC Capital Partners

7D

-4.1%

1Y

n/a

ADYEN

€1,747.20

Adyen

7D

-1.3%

1Y

20.0%

ABN

€18.36

ABN AMRO Bank

7D

4.2%

1Y

22.7%

HAL

€120.80

HAL Trust

7D

3.4%

1Y

6.0%