The present invention concerns an electronic watch comprising at least one electric motor (M1) for driving analogue display means, a timepiece module (12) comprising a time base (14) providing a clock signal (Sh) connected to a divider circuit (16), said divider circuit providing a reference signal sent to a control circuit (18) arranged to control said electric motor, characterised in that the timepiece module further comprises a measurement and correction circuit (26) arranged between the time base and the divider circuit and providing an intermediate signal (Si) and in that the time base, the compensation module, the divider circuit and the control circuit are arranged in the same housing (13) to form said timepiece module.