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Belgian (BEL20) Food Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies11
  • 7D-2.4%
  • 3M6.0%
  • 1Y24.7%
  • YTD3.7%

Over the last 7 days, the Food industry has dropped 1.8%, driven by Lotus Bakeries declining 3.1%. On the other hand What's Cooking Group/SA is actually up 23%. Over the past 12 months, the industry was up 26%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024€8.7b€8.0b€217.7m30.8x39.9x1.1x
Fri, 26 Jan 2024€7.9b€8.0b€199.9m32.3x39.6x1x
Sun, 24 Dec 2023€8.3b€8.0b€198.8m33.7x41.6x1x
Tue, 21 Nov 2023€7.9b€8.0b€199.2m34.1x39.8x1x
Thu, 19 Oct 2023€7.4b€7.8b€201.8m37.2x36.7x1x
Sat, 16 Sep 2023€7.8b€7.7b€206.9m46.2x37.5x1x
Mon, 14 Aug 2023€7.7b€7.7b€233.6m42.1x32.9x1x
Wed, 12 Jul 2023€7.9b€7.6b€225.1m41.6x35.3x1x
Fri, 09 Jun 2023€7.5b€7.4b€233.6m44.6x32.1x1x
Sun, 07 May 2023€7.1b€7.4b€231.2m44.2x30.8x1x
Tue, 04 Apr 2023€7.3b€7.4b€232.4m44x31.3x1x
Thu, 02 Mar 2023€6.9b€7.3b€240.6m35.6x28.8x0.9x
Sat, 28 Jan 2023€6.7b€7.1b€238.2m23.9x28.1x0.9x
Mon, 26 Dec 2022€7.0b€7.2b€240.6m21.6x28.9x1x
Wed, 23 Nov 2022€6.8b€7.2b€244.1m23.1x27.9x1x
Fri, 21 Oct 2022€6.2b€7.1b€250.7m21.5x24.8x0.9x
Sun, 18 Sep 2022€6.6b€6.9b€248.4m27.2x26.6x1x
Tue, 16 Aug 2022€6.9b€6.8b€226.7m28.9x30.4x1x
Thu, 14 Jul 2022€6.6b€6.8b€224.3m27.6x29.2x1x
Sat, 11 Jun 2022€6.0b€6.8b€212.9m41.5x28x0.9x
Mon, 09 May 2022€6.2b€6.8b€210.3m44.5x29.5x0.9x
Wed, 06 Apr 2022€6.2b€6.8b€207.6m43x29.8x0.9x
Fri, 04 Mar 2022€6.2b€6.8b€211.4m44.3x29.4x0.9x
Sun, 30 Jan 2022€6.8b€6.7b€181.8m49.7x37.6x1x
Tue, 28 Dec 2021€6.7b€6.7b€181.2m49.8x37.2x1x
Thu, 25 Nov 2021€6.4b€6.7b€181.8m47.2x35.3x1x
Sat, 23 Oct 2021€6.9b€6.7b€172.3m51.3x39.8x1x
Mon, 20 Sep 2021€6.4b€6.7b€165.0m48.1x38.8x1x
Wed, 18 Aug 2021€6.5b€6.7b€161.6m47.6x40.2x1x
Wed, 02 Jun 2021€5.7b€6.6b€132.8m48.8x42.9x0.9x
Sat, 06 Mar 2021€5.0b€6.5b€91.6m41.5x54.2x0.8x
Price to Earnings Ratio

54.2x


Total Market Cap: €5.0bTotal Earnings: €91.6mTotal Revenue: €6.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Food Industry Price to Earnings3Y Average 34.1x202220232024
Current Industry PE
  • Investors are optimistic on the Belgian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.4x which is higher than its 3-year average PE of 34.1x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 7.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

BE Market0.46%
Consumer Staples-0.20%
Food-2.37%
Agricultural Products-0.21%
Packaged Foods and Meats-2.51%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 49.1x.
    • Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings decline of 4.4% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading close to 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 15% over the next 5 years.
  • This is better than its past earnings decline of 4.4% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings decline by 4.1% 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
WHATS What's Cooking Group/SA€72.8023.4%
+€25.6m
-11.9%PE17.6x
SIP Sipef€50.700.6%
+€3.1m
-15.8%PE7.8x
CLEX Cumulex€1.021.0%
+€4.4k
n/aPE-4.4x
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Latest News

WHATS

€72.80

What's Cooking Group/SA

7D

23.4%

1Y

-11.9%

SIP

€50.70

Sipef

7D

0.6%

1Y

-15.8%

MIKO

€50.00

Miko

7D

-1.0%

1Y

-43.6%

GREEN

€5.32

Greenyard

7D

-3.3%

1Y

-17.3%

CLEX

€1.02

Cumulex

7D

1.0%

1Y

n/a