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Belgian (BEL20) Consumer Staples Sector Analysis

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies16
  • 7D-1.2%
  • 3M-16.8%
  • 1Y-14.8%
  • YTD0.7%

Over the last 7 days, the Consumer Staples industry has dropped 2.4%, driven by Anheuser-Busch InBev declining 2.6%. Meanwhile, Spadel actually outperformed within the industry, gaining 5.6% in the last week. Overall the industry is down 15% in 12 months. Earnings are forecast to grow by 9.3% annually.

Sector Valuation and Performance

Has the Belgian Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025€112.3b€66.3b€6.7b18.1x16.7x1.7x
Wed, 13 Aug 2025€117.6b€71.9b€6.7b20.4x17.5x1.6x
Fri, 11 Jul 2025€128.8b€72.0b€6.5b20.3x19.7x1.8x
Sun, 08 Jun 2025€138.7b€73.1b€6.7b20.2x20.6x1.9x
Tue, 06 May 2025€130.5b€74.3b€5.8b21.7x22.4x1.8x
Thu, 03 Apr 2025€128.2b€76.5b€6.0b21.6x21.2x1.7x
Sat, 01 Mar 2025€129.1b€79.3b€6.3b20.2x20.6x1.6x
Mon, 27 Jan 2025€107.9b€78.3b€6.9b19x15.7x1.4x
Wed, 25 Dec 2024€112.1b€78.9b€6.9b18.8x16.2x1.4x
Fri, 22 Nov 2024€121.1b€78.4b€7.6b19.5x15.9x1.5x
Sun, 20 Oct 2024€138.4b€76.7b€6.8b21.1x20.3x1.8x
Tue, 17 Sep 2024€133.3b€75.4b€6.7b21.5x19.9x1.8x
Thu, 15 Aug 2024€126.1b€75.9b€6.7b20.3x18.7x1.7x
Sat, 13 Jul 2024€131.9b€76.1b€5.7b25x23x1.7x
Mon, 10 Jun 2024€134.7b€76.5b€5.7b26.1x23.6x1.8x
Wed, 08 May 2024€128.4b€76.2b€6.2b27.4x20.6x1.7x
Fri, 05 Apr 2024€125.4b€75.8b€6.2b29.7x20.2x1.7x
Sun, 03 Mar 2024€126.2b€75.8b€6.2b25x20.4x1.7x
Tue, 30 Jan 2024€128.8b€75.9b€7.0b28.2x18.4x1.7x
Thu, 28 Dec 2023€130.9b€73.8b€6.0b29x21.8x1.8x
Sat, 25 Nov 2023€129.4b€74.6b€6.1b30x21.2x1.7x
Mon, 23 Oct 2023€112.7b€75.7b€6.3b31.7x18x1.5x
Wed, 20 Sep 2023€120.9b€75.2b€6.2b33.3x19.4x1.6x
Fri, 18 Aug 2023€115.1b€74.2b€6.1b39x18.8x1.6x
Sun, 16 Jul 2023€116.6b€72.0b€7.0b38.4x16.7x1.6x
Tue, 13 Jun 2023€114.3b€74.6b€7.3b38.2x15.6x1.5x
Thu, 11 May 2023€124.6b€73.4b€7.2b40x17.4x1.7x
Sat, 08 Apr 2023€133.2b€72.8b€5.8b32.9x23x1.8x
Mon, 06 Mar 2023€126.5b€74.5b€5.9b28.2x21.4x1.7x
Wed, 01 Feb 2023€120.5b€72.8b€5.0b23.5x24.1x1.7x
Fri, 30 Dec 2022€124.1b€73.7b€5.1b23.7x24.4x1.7x
Sun, 27 Nov 2022€119.9b€74.9b€5.3b22.8x22.7x1.6x
Tue, 25 Oct 2022€102.8b€77.2b€4.4b22.9x23.6x1.3x
Thu, 22 Sep 2022€109.2b€76.7b€4.3b25.2x25.2x1.4x
Price to Earnings Ratio

25.2x


Total Market Cap: €109.2bTotal Earnings: €4.3bTotal Revenue: €76.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Consumer Staples Sector Price to Earnings3Y Average 20.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Belgian Consumer Staples 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 16.7x which is lower than its 3-year average PE of 20.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 16% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.7% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Belgian Consumer Staples sector?

BE Market-0.30%
Consumer Staples-1.21%
Food and Staples Retail-0.37%
Beverage-1.21%
Food-1.53%
Personal Products-3.37%
Industry PE
  • Investors are most optimistic about the Personal Products industry which is trading above its 3-year average PE ratio of 11.5x.
    • Analysts are expecting annual earnings growth of 60.3%, which is higher than its past year's earnings decline of 78.0% per year.
  • Investors are most pessimistic about the Food and Staples Retail industry, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 60% over the next 5 years.
  • This is better than its past earnings decline of 78% per year.
  • In contrast, the Food and Staples Retail industry is expected to see its earnings grow by 4.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SPA Spadel€228.004.6%
+€41.5m
20.0%PE21.7x
SIP Sipef€75.201.3%
+€10.4m
40.3%PE9.3x
WHATS What's Cooking Group€115.001.8%
+€3.7m
26.4%PE16.3x
MIKO Miko€51.002.0%
+€1.2m
2.0%PE19.9x

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