Header cover image

Belgian (BEL20) Food Industry Analysis

UpdatedAug 14, 2025
DataAggregated Company Financials
Companies12
  • 7D8.0%
  • 3M-3.8%
  • 1Y-17.0%
  • YTD-17.6%

In the last week, the Food industry is up 8.0%, with Lotus Bakeries up 10.0%. However, the industry is down 17% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 Aug 2025€8.8b€8.4b€241.6m20.5x36.3x1x
Sat, 12 Jul 2025€8.2b€8.4b€234.3m20.9x35.1x1x
Mon, 09 Jun 2025€9.3b€8.3b€248.1m26.5x37.6x1.1x
Wed, 07 May 2025€9.1b€8.3b€248.2m22x36.6x1.1x
Fri, 04 Apr 2025€8.4b€8.2b€235.8m21.3x35.8x1x
Sun, 02 Mar 2025€8.8b€8.7b€245.7m20.1x36x1x
Tue, 28 Jan 2025€10.0b€8.6b€235.2m21x42.5x1.2x
Thu, 26 Dec 2024€10.6b€8.6b€235.7m19.2x45.1x1.2x
Sat, 23 Nov 2024€11.2b€8.6b€235.4m20.1x47.5x1.3x
Mon, 21 Oct 2024€11.8b€8.4b€238.5m19.9x49.7x1.4x
Wed, 18 Sep 2024€11.6b€8.4b€238.1m23x48.6x1.4x
Fri, 16 Aug 2024€10.5b€8.4b€231.1m22.8x45.2x1.3x
Sun, 14 Jul 2024€9.8b€8.3b€224.2m21x43.6x1.2x
Tue, 11 Jun 2024€9.8b€8.3b€225.1m23.3x43.7x1.2x
Thu, 09 May 2024€9.5b€8.1b€218.8m35x43.5x1.2x
Sat, 06 Apr 2024€9.0b€8.1b€222.5m32.7x40.7x1.1x
Mon, 04 Mar 2024€8.7b€8.0b€217.8m31x40.1x1.1x
Wed, 31 Jan 2024€8.0b€8.0b€199.9m32.1x40.1x1x
Fri, 29 Dec 2023€8.3b€8.0b€198.4m33.8x42.1x1x
Sun, 26 Nov 2023€8.3b€8.0b€199.2m34x41.6x1x
Tue, 24 Oct 2023€7.3b€7.8b€200.9m35.8x36.2x0.9x
Thu, 21 Sep 2023€7.9b€7.7b€206.8m38.5x38.4x1x
Sat, 19 Aug 2023€7.7b€7.7b€204.1m42.7x37.7x1x
Mon, 17 Jul 2023€8.0b€7.6b€223.0m42.4x35.9x1.1x
Wed, 14 Jun 2023€7.5b€7.4b€233.5m44.1x31.9x1x
Fri, 12 May 2023€7.2b€7.4b€232.1m43.7x31x1x
Sun, 09 Apr 2023€7.3b€7.4b€232.2m44.6x31.4x1x
Tue, 07 Mar 2023€7.0b€7.3b€240.5m37.2x28.9x0.9x
Thu, 02 Feb 2023€6.7b€7.1b€237.6m24x28.3x0.9x
Sat, 31 Dec 2022€7.0b€7.2b€239.6m23.5x29.2x1x
Mon, 28 Nov 2022€6.9b€7.2b€242.8m22.8x28.5x1x
Wed, 26 Oct 2022€6.4b€7.1b€249.0m21.5x25.7x0.9x
Fri, 23 Sep 2022€6.3b€6.9b€250.7m26.6x25x0.9x
Sun, 21 Aug 2022€6.9b€6.9b€248.4m28.4x27.8x1x
Price to Earnings Ratio

27.8x


Total Market Cap: €6.9bTotal Earnings: €248.4mTotal Revenue: €6.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Food Industry Price to Earnings3Y Average 37.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Belgian Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 37.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Food industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

BE Market1.12%
Consumer Staples1.97%
Food8.03%
Packaged Foods and Meats8.04%
Agricultural Products7.94%
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 52.2x.
    • Analysts are expecting annual earnings growth of 15.7%, which is lower than the prior year's growth of 82.6% 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 8.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 83% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 8.7% 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
LOTB Lotus Bakeries€8.27k10.0%
+€608.5m
-24.1%PE42x
SIP Sipef€71.208.2%
+€56.3m
31.9%PE13.2x
WHATS What's Cooking Group€107.001.4%
+€2.8m
57.8%PE21.4x

Latest News