Header cover image

Belgian (BEL20) Food Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies11
  • 7D-0.6%
  • 3M-8.1%
  • 1Y27.0%
  • YTD25.4%

Last week, the Food industry hasn't moved much but Greenyard is up 5.2% in that time. The past year has been better, since the industry has gained 27% in that time. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024€10.6b€8.6b€235.6m19.5x44.9x1.2x
Tue, 19 Nov 2024€11.0b€8.5b€240.4m20.5x45.8x1.3x
Thu, 17 Oct 2024€11.7b€8.4b€238.5m20x49.2x1.4x
Sat, 14 Sep 2024€11.7b€8.4b€238.3m22.6x49x1.4x
Mon, 12 Aug 2024€10.4b€8.4b€237.1m21.8x43.7x1.2x
Wed, 10 Jul 2024€9.7b€8.3b€224.8m20.7x43.3x1.2x
Fri, 07 Jun 2024€10.0b€8.3b€224.3m22.7x44.7x1.2x
Sun, 05 May 2024€9.3b€8.1b€218.7m33.9x42.7x1.2x
Tue, 02 Apr 2024€9.0b€8.1b€222.8m30.2x40.3x1.1x
Thu, 29 Feb 2024€8.7b€8.0b€217.8m30.8x39.7x1.1x
Sat, 27 Jan 2024€7.9b€8.0b€199.8m32.7x39.8x1x
Mon, 25 Dec 2023€8.3b€8.0b€198.8m33.7x41.6x1x
Wed, 22 Nov 2023€8.2b€8.0b€199.3m34.1x41.1x1x
Fri, 20 Oct 2023€7.3b€7.8b€201.5m36.7x36.2x0.9x
Sun, 17 Sep 2023€7.8b€7.7b€206.9m46.4x37.9x1x
Tue, 15 Aug 2023€7.7b€7.7b€233.8m42.2x32.9x1x
Thu, 13 Jul 2023€8.0b€7.6b€223.8m41.9x35.8x1.1x
Sat, 10 Jun 2023€7.6b€7.4b€233.9m44.9x32.3x1x
Mon, 08 May 2023€7.1b€7.4b€231.2m44.2x30.8x1x
Wed, 05 Apr 2023€7.3b€7.4b€231.9m44.2x31.3x1x
Fri, 03 Mar 2023€6.9b€7.3b€241.4m35.7x28.8x0.9x
Sun, 29 Jan 2023€6.7b€7.1b€238.1m23.9x28.1x0.9x
Tue, 27 Dec 2022€7.0b€7.2b€240.6m21.6x28.9x1x
Thu, 24 Nov 2022€6.9b€7.2b€243.2m23.9x28.4x1x
Sat, 22 Oct 2022€6.1b€7.1b€251.0m21.5x24.5x0.9x
Mon, 19 Sep 2022€6.6b€6.9b€248.4m27.2x26.6x1x
Wed, 17 Aug 2022€6.8b€6.8b€226.8m28.7x30x1x
Fri, 15 Jul 2022€6.5b€6.8b€225.0m28.1x28.9x1x
Sun, 12 Jun 2022€6.0b€6.8b€212.9m41.5x28x0.9x
Tue, 10 May 2022€6.1b€6.8b€212.8m42.9x28.5x0.9x
Thu, 07 Apr 2022€6.2b€6.8b€207.8m43.4x29.9x0.9x
Sat, 05 Mar 2022€6.0b€6.8b€212.5m43.1x28.2x0.9x
Mon, 31 Jan 2022€6.8b€6.7b€181.8m49.7x37.6x1x
Wed, 29 Dec 2021€6.6b€6.7b€181.2m49x36.5x1x
Price to Earnings Ratio

36.5x


Total Market Cap: €6.6bTotal Earnings: €181.2mTotal Revenue: €6.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Food Industry Price to Earnings3Y Average 35.7x202220232024
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 44.9x which is higher than its 3-year average PE of 35.7x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 9.2% per year over the last three years.
  • Revenues for these companies have grown 8.7% 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 Market-1.53%
Consumer Staples-5.46%
Food-0.60%
Packaged Foods and Meats-0.55%
Agricultural Products-1.36%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 51.7x.
    • Analysts expect its future annual earnings growth (15.9%) to be largely in line with prior year's earnings growth.
  • 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 7.8x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 5.3% 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
GREEN Greenyard€5.085.2%
+€12.3m
-15.3%PE31.7x
WHATS What's Cooking Group/SA€104.502.5%
+€4.6m
58.3%PE12.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.