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Belgian (BEL20) Food Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies10
  • 7D5.5%
  • 3M13.9%
  • 1Y-10.6%
  • YTD6.7%

Over the last 7 days, the Food industry has risen 4.2%, driven by gains from Lotus Bakeries of 6.7%. In the past year, the industry is down 12%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Belgian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026€9.0b€3.2b€270.4m19.3x33.4x2.9x
Thu, 11 Dec 2025€8.0b€3.2b€270.6m18.4x29.5x2.5x
Sat, 08 Nov 2025€7.9b€3.2b€271.2m17.9x29x2.5x
Mon, 06 Oct 2025€8.0b€3.2b€269.8m18.6x29.8x2.5x
Wed, 03 Sep 2025€9.0b€8.5b€273.8m18.1x32.7x1.1x
Fri, 01 Aug 2025€8.0b€8.4b€235.7m20.6x33.9x1x
Sun, 29 Jun 2025€8.7b€8.4b€234.3m20.2x37.2x1x
Tue, 27 May 2025€9.3b€8.3b€248.1m24.8x37.3x1.1x
Thu, 24 Apr 2025€8.7b€8.2b€234.2m21.5x37x1.1x
Sat, 22 Mar 2025€8.7b€8.2b€236.9m21.6x36.8x1.1x
Mon, 17 Feb 2025€9.3b€8.7b€245.0m20.2x37.8x1.1x
Wed, 15 Jan 2025€10.3b€8.6b€236.5m21.9x43.6x1.2x
Fri, 13 Dec 2024€10.6b€8.6b€235.1m20.2x45.2x1.2x
Sun, 10 Nov 2024€11.8b€8.4b€239.3m20.7x49.1x1.4x
Tue, 08 Oct 2024€11.5b€8.4b€237.9m20x48.3x1.4x
Thu, 05 Sep 2024€11.3b€8.4b€238.3m22.3x47.5x1.4x
Sat, 03 Aug 2024€9.8b€8.3b€224.2m22.2x43.5x1.2x
Mon, 01 Jul 2024€9.6b€8.3b€225.5m21.4x42.6x1.2x
Wed, 29 May 2024€9.8b€8.3b€224.5m22.8x43.8x1.2x
Fri, 26 Apr 2024€9.3b€8.1b€223.2m33.3x41.8x1.2x
Sun, 24 Mar 2024€8.8b€8.0b€217.9m31.5x40.6x1.1x
Tue, 20 Feb 2024€9.0b€8.0b€215.7m32x41.6x1.1x
Thu, 18 Jan 2024€8.0b€8.0b€199.6m32x40.2x1x
Sat, 16 Dec 2023€8.5b€8.0b€199.5m33.9x42.4x1.1x
Mon, 13 Nov 2023€7.6b€7.8b€200.9m32.4x37.8x1x
Wed, 11 Oct 2023€7.5b€7.8b€201.3m38x37.3x1x
Fri, 08 Sep 2023€7.6b€7.7b€206.6m45.9x37x1x
Sun, 06 Aug 2023€7.7b€7.6b€224.9m43.6x34.3x1x
Tue, 04 Jul 2023€7.8b€7.6b€225.7m41.7x34.7x1x
Thu, 01 Jun 2023€6.7b€7.5b€234.8m40.6x28.6x0.9x
Sat, 29 Apr 2023€7.1b€7.4b€231.0m44.2x30.7x1x
Mon, 27 Mar 2023€7.0b€7.3b€239.8m36.5x29.2x1x
Wed, 22 Feb 2023€7.0b€7.3b€243.6m23.2x28.7x1x
Fri, 20 Jan 2023€6.7b€7.2b€238.7m23.8x27.9x0.9x
Price to Earnings Ratio

27.9x


Total Market Cap: €6.7bTotal Earnings: €238.7mTotal Revenue: €7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Food Industry Price to Earnings3Y Average 37.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Belgian Food 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 33.0x which is lower than its 3-year average PE of 37.6x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 4.3% per year over the last three years.
  • Meanwhile revenues for these companies have declined 24% 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 industry?

BE Market2.87%
Consumer Staples5.49%
Food5.51%
Packaged Foods and Meats6.21%
Agricultural Products-0.48%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 51.5x.
    • Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 51.7% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.8x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Agricultural Products 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 Price7D1YValuation
LOTB Lotus Bakeries€8.86k6.7%
+€454.7m
-15.8%PE45x
FLOB Floridienne€645.002.4%
+€14.7m
-5.1%PE78.3x
MIKO Miko€60.005.3%
+€3.7m
2.0%PE21.5x
WHATS What's Cooking Group€114.501.3%
+€2.8m
5.0%PE16.2x