Narrative Update • Sep 04
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Belgian (BEL20) Consumer Staples Sector Analysis
UpdatedSep 14, 2026
DataAggregated Company Financials
Companies14
- 7D-1.4%
- 3M-4.4%
- 1Y32.9%
- YTD24.3%
Over the last 7 days, the Consumer Staples industry has dropped 1.4%, driven by Colruyt Group declining 1.7%. Over the past 12 months, the industry was up 33%. As for the next few years, earnings are expected to grow by 5.4% per annum.
Sector Valuation and Performance
Has the Belgian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 14 Sep 2026 | €150.2b | €69.9b | €8.6b | 16.7x | 17.4x | 2.2x |
| Wed, 12 Aug 2026 | €156.0b | €70.0b | €8.6b | 17.3x | 18x | 2.2x |
| Fri, 10 Jul 2026 | €152.6b | €69.5b | €7.1b | 17.9x | 21.6x | 2.2x |
| Sun, 07 Jun 2026 | €148.9b | €69.7b | €7.0b | 18.3x | 21.4x | 2.1x |
| Tue, 05 May 2026 | €139.1b | €67.5b | €6.5b | 17.2x | 21.4x | 2.1x |
| Thu, 02 Apr 2026 | €134.3b | €68.0b | €6.6b | 17.7x | 20.5x | 2x |
| Sat, 28 Feb 2026 | €150.4b | €66.9b | €6.4b | 22.3x | 23.4x | 2.2x |
| Mon, 26 Jan 2026 | €129.8b | €66.3b | €5.8b | 21.5x | 22.5x | 2x |
| Wed, 24 Dec 2025 | €119.1b | €66.4b | €5.8b | 20.2x | 20.6x | 1.8x |
| Fri, 21 Nov 2025 | €116.5b | €67.3b | €5.9b | 19.8x | 19.6x | 1.7x |
| Sun, 19 Oct 2025 | €118.1b | €66.6b | €6.7b | 17.7x | 17.5x | 1.8x |
| Tue, 16 Sep 2025 | €112.3b | €66.2b | €6.7b | 18.2x | 16.8x | 1.7x |
| Thu, 14 Aug 2025 | €117.4b | €71.7b | €6.7b | 20.3x | 17.5x | 1.6x |
| Sat, 12 Jul 2025 | €128.8b | €72.0b | €6.5b | 20.3x | 19.7x | 1.8x |
| Mon, 09 Jun 2025 | €138.7b | €73.1b | €6.7b | 20.2x | 20.6x | 1.9x |
| Wed, 07 May 2025 | €129.6b | €74.0b | €5.8b | 22x | 22.3x | 1.8x |
| Fri, 04 Apr 2025 | €128.4b | €75.6b | €6.0b | 21.3x | 21.6x | 1.7x |
| Sun, 02 Mar 2025 | €128.9b | €79.5b | €6.3b | 20.2x | 20.5x | 1.6x |
| Tue, 28 Jan 2025 | €107.9b | €78.3b | €6.9b | 19.5x | 15.7x | 1.4x |
| Thu, 26 Dec 2024 | €112.1b | €78.8b | €6.9b | 18.8x | 16.2x | 1.4x |
| Sat, 23 Nov 2024 | €121.9b | €78.9b | €7.6b | 19.5x | 15.9x | 1.5x |
| Mon, 21 Oct 2024 | €138.4b | €76.7b | €6.8b | 21.1x | 20.3x | 1.8x |
| Wed, 18 Sep 2024 | €133.0b | €75.4b | €6.7b | 21.4x | 19.8x | 1.8x |
| Fri, 16 Aug 2024 | €126.5b | €76.1b | €6.8b | 20.4x | 18.7x | 1.7x |
| Sun, 14 Jul 2024 | €131.9b | €76.1b | €5.7b | 25x | 23x | 1.7x |
| Tue, 11 Jun 2024 | €134.7b | €76.7b | €5.7b | 26.1x | 23.5x | 1.8x |
| Thu, 09 May 2024 | €133.0b | €76.9b | €5.2b | 29.5x | 25.5x | 1.7x |
| Sat, 06 Apr 2024 | €125.6b | €75.8b | €6.2b | 28.4x | 20.3x | 1.7x |
| Mon, 04 Mar 2024 | €126.2b | €75.8b | €6.2b | 25x | 20.4x | 1.7x |
| Wed, 31 Jan 2024 | €128.9b | €75.9b | €7.0b | 28.2x | 18.5x | 1.7x |
| Fri, 29 Dec 2023 | €131.0b | €74.0b | €6.0b | 29x | 21.7x | 1.8x |
| Sun, 26 Nov 2023 | €129.4b | €74.6b | €6.1b | 30x | 21.2x | 1.7x |
| Tue, 24 Oct 2023 | €112.6b | €75.4b | €6.2b | 31.4x | 18.1x | 1.5x |
| Thu, 21 Sep 2023 | €120.3b | €75.0b | €6.2b | 33.3x | 19.4x | 1.6x |
Price to Earnings Ratio
19.4x
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 17.4x which is lower than its 3-year average PE of 19.9x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have grown 12% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.4% 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 | -1.31% | |
| Consumer Staples | -1.39% | |
| Beverage | -1.27% | |
| Food | -1.96% | |
| Food and Staples Retail | -3.35% | |
| Personal Products | -10.82% | |
Industry PE
- Investors are most optimistic about the Food industry, which is trading close to its 3-year average PE ratio of 38.3x.
- Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 19.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 99% over the next 5 years.
- In contrast, the Food and Staples Retail 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ABI Anheuser-Busch InBev | €69.02 | 1.5% +€2.0b | 37.9% | PE16.8x | |
| SIP Sipef | €105.60 | 0.4% +€4.2m | 39.7% | PE9.9x | |
| CLEX Cumulex | €0.94 | 9.3% +€35.2k | 24.5% | PE-5.5x |