Dutch (AEX) Tech Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies15
- 7D3.2%
- 3M-13.7%
- 1Y20.5%
- YTD12.5%
In the last week, the Tech industry is up 3.2%, with ASML Holding up 2.4%. This takes the industry's 12 month performance to a gain of 20%. Looking forward, earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the Dutch Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | €250.1b | €32.3b | €8.6b | 21.5x | 28.9x | 7.8x |
| Wed, 27 Sep 2023 | €242.0b | €31.4b | €7.9b | 21.8x | 30.8x | 7.7x |
| Fri, 25 Aug 2023 | €270.0b | €31.4b | €7.9b | 22.9x | 34.4x | 8.6x |
| Sun, 23 Jul 2023 | €276.1b | €31.3b | €7.9b | 23.7x | 35x | 8.8x |
| Tue, 20 Jun 2023 | €290.7b | €29.8b | €7.6b | 24.2x | 38.1x | 9.8x |
| Thu, 18 May 2023 | €266.3b | €29.8b | €7.6b | 24x | 34.9x | 8.9x |
| Sat, 15 Apr 2023 | €265.8b | €26.4b | €6.1b | 21.1x | 43.2x | 10.1x |
| Mon, 13 Mar 2023 | €294.9b | €37.3b | €6.8b | 22.6x | 43.3x | 7.9x |
| Wed, 08 Feb 2023 | €321.2b | €35.5b | €6.7b | 20.5x | 47.8x | 9x |
| Fri, 06 Jan 2023 | €276.7b | €34.0b | €6.6b | 20.1x | 41.7x | 8.1x |
| Sun, 04 Dec 2022 | €296.3b | €34.0b | €6.6b | 19x | 44.6x | 8.7x |
| Tue, 01 Nov 2022 | €255.3b | €34.0b | €6.6b | 18.7x | 38.4x | 7.5x |
| Thu, 29 Sep 2022 | €238.3b | €33.3b | €7.0b | 19.1x | 34.1x | 7.1x |
| Sat, 27 Aug 2022 | €279.8b | €33.2b | €7.0b | 20x | 40.2x | 8.4x |
| Mon, 25 Jul 2022 | €280.4b | €31.8b | €6.9b | 21.3x | 40.6x | 8.8x |
| Wed, 22 Jun 2022 | €248.0b | €30.2b | €6.5b | 20.5x | 38x | 8.2x |
| Fri, 20 May 2022 | €268.6b | €30.2b | €6.5b | 20.9x | 41.1x | 8.9x |
| Sun, 17 Apr 2022 | €302.1b | €30.9b | €7.1b | 22.8x | 42.4x | 9.8x |
| Tue, 15 Mar 2022 | €289.0b | €30.2b | €7.3b | 20.2x | 39.6x | 9.6x |
| Thu, 10 Feb 2022 | €322.5b | €28.5b | €7.1b | 22.7x | 45.2x | 11.3x |
| Sat, 08 Jan 2022 | €364.3b | €27.8b | €6.7b | 21.7x | 54.3x | 13.1x |
| Mon, 06 Dec 2021 | €379.8b | €27.8b | €6.7b | 22.4x | 56.6x | 13.7x |
| Wed, 03 Nov 2021 | €399.2b | €26.3b | €6.6b | 22.7x | 60.8x | 15.2x |
| Fri, 01 Oct 2021 | €365.2b | €24.8b | €5.8b | 23.6x | 63.3x | 14.7x |
| Sun, 29 Aug 2021 | €395.4b | €24.7b | €5.8b | 28.3x | 68.7x | 16x |
| Mon, 05 Jul 2021 | €322.8b | €24.0b | €5.5b | 24.9x | 59x | 13.5x |
| Thu, 08 Apr 2021 | €290.6b | €21.3b | €4.4b | 36.1x | 66.3x | 13.6x |
| Sun, 10 Jan 2021 | €235.0b | €20.7b | €4.3b | 28.7x | 55.2x | 11.4x |
Price to Earnings Ratio
45.4x
Current Industry PE
- Investors are pessimistic on the Dutch Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 28.9x which is lower than its 3-year average PE of 47.7x.
- The 3-year average PS ratio of 10.7x is higher than the industry's current PS ratio of 7.8x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Dutch Tech sector?
| NL Market | 0.82% | |
| Tech | 3.17% | |
| Semiconductors | 3.21% | |
| IT | 0.43% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Software | -1.04% | |
| Electronic Equipment and Components | -1.56% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry even though it's trading below its 3-year average PE ratio of 42.0x.
- Analysts are expecting annual earnings growth of 13.4%, which is lower than the prior year's growth of 47.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 110% over the next 5 years.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 13% per year 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 | |
|---|---|---|---|---|---|
| ASML ASML Holding | €560.20 | 1.4% +€3.0b | 17.2% | PE29.1x | |
| ASM ASM International | €391.80 | 7.8% +€1.4b | 74.3% | PE21.5x | |
| BESI BE Semiconductor Industries | €98.52 | 14.1% +€622.3m | 90.5% | PE46.8x | |
| CMCOM CM.com | €8.47 | 2.2% +€5.2m | -25.5% | PS0.9x | |
| CTAC Ctac | €3.40 | 2.4% +€1.1m | 0% | PE9.5x |