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Dutch (AEX) Market Analysis & Valuation

UpdatedApr 04, 2025
DataAggregated Company Financials
Companies100
  • 7D-6.1%
  • 3M-3.8%
  • 1Y-12.6%
  • YTD-4.2%

Over the last 7 days, the market has dropped 6.1%, driven by a decline of 10% in the Information Technology sector. As for last year, the market is also down 13%. Looking forward, earnings are forecast to grow by 11% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 05 Apr 2025€947.2b€543.2b€57.3b17.6x16.5x1.7x
Mon, 03 Mar 2025€1.0t€568.1b€59.3b18.3x17.5x1.8x
Wed, 29 Jan 2025€984.3b€565.6b€51.8b17.1x19x1.7x
Fri, 27 Dec 2024€988.8b€562.8b€51.6b16.1x19.2x1.8x
Sun, 24 Nov 2024€969.3b€562.4b€50.5b16.7x19.2x1.7x
Tue, 22 Oct 2024€1.0t€563.4b€52.8b18.1x19x1.8x
Thu, 19 Sep 2024€1.0t€566.9b€40.1b16.3x25.2x1.8x
Sat, 17 Aug 2024€1.0t€564.5b€40.3b15.5x25.9x1.9x
Mon, 15 Jul 2024€1.1t€560.6b€41.0b16.6x27.8x2x
Wed, 12 Jun 2024€1.1t€562.2b€44.6b17.5x25.1x2x
Fri, 10 May 2024€1.1t€561.8b€44.3b18.7x24.4x1.9x
Sun, 07 Apr 2024€1.0t€565.8b€45.3b16.4x23.2x1.9x
Tue, 05 Mar 2024€1.0t€567.0b€48.8b16.6x20.9x1.8x
Thu, 01 Feb 2024€966.9b€591.6b€60.7b16.5x15.9x1.6x
Sat, 30 Dec 2023€917.1b€593.9b€60.0b16.8x15.3x1.5x
Mon, 27 Nov 2023€880.0b€596.6b€59.3b15.7x14.8x1.5x
Wed, 25 Oct 2023€794.5b€593.7b€52.4b15.3x15.2x1.3x
Fri, 22 Sep 2023€825.3b€591.9b€50.2b16.8x16.4x1.4x
Sun, 20 Aug 2023€860.9b€572.9b€47.4b16.5x18.2x1.5x
Tue, 18 Jul 2023€929.0b€579.7b€51.4b17x18.1x1.6x
Thu, 15 Jun 2023€929.0b€586.0b€48.2b16.9x19.3x1.6x
Sat, 13 May 2023€881.8b€574.1b€47.6b17.2x18.5x1.5x
Mon, 10 Apr 2023€891.2b€567.6b€47.5b16.4x18.8x1.6x
Wed, 08 Mar 2023€889.5b€541.2b€43.8b15.9x20.3x1.6x
Fri, 03 Feb 2023€928.3b€542.1b€53.3b15.6x17.4x1.7x
Sun, 01 Jan 2023€820.3b€542.1b€54.2b14.1x15.1x1.5x
Tue, 29 Nov 2022€856.9b€545.7b€54.7b14.6x15.7x1.6x
Thu, 27 Oct 2022€770.1b€509.9b€77.3b13.4x10x1.5x
Sat, 24 Sep 2022€744.3b€514.2b€74.3b12.3x10x1.4x
Mon, 22 Aug 2022€863.4b€513.1b€73.4b14.5x11.8x1.7x
Wed, 20 Jul 2022€816.7b€519.9b€76.1b15.1x10.7x1.6x
Fri, 17 Jun 2022€820.1b€514.9b€76.1b14.6x10.8x1.6x
Sun, 15 May 2022€892.8b€515.6b€76.0b15.7x11.7x1.7x
Tue, 12 Apr 2022€945.4b€519.6b€73.9b16.7x12.8x1.8x
Price to Earnings Ratio

12.8x


Total Market Cap: €945.4bTotal Earnings: €73.9bTotal Revenue: €519.6bTotal 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 Dutch listed companies have declined 8.1% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Dutch Market?

NL Market-6.06%
Real Estate3.53%
Consumer Staples1.55%
Utilities0%0
Telecom-2.58%
Industrials-4.75%
Materials-5.09%
Energy-5.69%
Consumer Discretionary-5.97%
Financials-7.62%
Healthcare-7.91%
Tech-10.12%
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 97.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.0%, which is higher than its past year's earnings growth of 18.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 44% 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
KPN Koninklijke KPN€3.961.1%
+€171.0m
15.5%PE19.3xTelecom
BSGR B&S Group€5.8543.9%
+€150.3m
52.5%PE12.3xConsumer Discretionary
FLOW Flow Traders€28.223.0%
+€35.3m
49.5%PE7.6xFinancials
SIFG Sif Holding€9.416.9%
+€18.2m
-10.7%PS0.7xIndustrials
SLIGR Sligro Food Group€10.721.1%
+€5.3m
-23.9%PE19.7xConsumer Staples
See more
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Market Insights

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BSGR

€5.85

B&S Group

7D

43.9%

1Y

52.5%

ADYEN

€1,259.60

Adyen

7D

-13.1%

1Y

-15.3%

SIFG

€9.41

Sif Holding

7D

6.9%

1Y

-10.7%

MT

€22.75

ArcelorMittal

7D

-15.2%

1Y

-10.0%

CVC

€15.13

CVC Capital Partners

7D

-20.9%

1Y

n/a

ASML

€564.10

ASML Holding

7D

-9.8%

1Y

-37.7%

PRX

€38.74

Prosus

7D

-9.8%

1Y

32.2%

AJAX

€9.96

AFC Ajax

7D

0.2%

1Y

-3.8%

INGA

€15.94

ING Groep

7D

-12.9%

1Y

2.2%