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Belgian (BEL20) Food Industry Analysis

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies11
  • 7D-1.7%
  • 3M-7.4%
  • 1Y-27.7%
  • YTD-25.3%

Over the last 7 days, the Food industry has remained flat. Unfortunately though, the industry is down 27% over the past 12 months. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025€7.8b€3.2b€270.8m18.8x28.9x2.5x
Thu, 16 Oct 2025€8.1b€3.2b€270.8m17.5x29.8x2.6x
Sat, 13 Sep 2025€8.5b€3.1b€277.5m18.1x30.7x2.7x
Mon, 11 Aug 2025€8.9b€8.4b€234.6m20.8x37.8x1.1x
Wed, 09 Jul 2025€8.3b€8.4b€234.2m20.7x35.6x1x
Fri, 06 Jun 2025€9.3b€8.3b€247.9m26.3x37.6x1.1x
Sun, 04 May 2025€9.1b€8.3b€248.5m21.9x36.5x1.1x
Tue, 01 Apr 2025€8.5b€8.2b€236.9m21.4x36x1x
Thu, 27 Feb 2025€8.8b€8.7b€244.8m20.3x36x1x
Sat, 25 Jan 2025€10.0b€8.6b€235.1m21.5x42.5x1.2x
Mon, 23 Dec 2024€10.6b€8.6b€235.6m19.5x44.9x1.2x
Wed, 20 Nov 2024€11.0b€8.5b€240.0m20.3x45.8x1.3x
Fri, 18 Oct 2024€12.0b€8.4b€238.7m20x50.2x1.4x
Sun, 15 Sep 2024€11.7b€8.4b€238.3m22.6x49x1.4x
Tue, 13 Aug 2024€10.5b€8.4b€237.0m22x44.3x1.3x
Thu, 11 Jul 2024€9.7b€8.3b€224.7m20.9x43.3x1.2x
Sat, 08 Jun 2024€9.8b€8.3b€224.9m23.2x43.7x1.2x
Mon, 06 May 2024€9.4b€8.1b€218.7m33.9x42.9x1.2x
Wed, 03 Apr 2024€9.0b€8.1b€222.9m32.2x40.4x1.1x
Fri, 01 Mar 2024€8.7b€8.0b€217.9m30.9x39.8x1.1x
Sun, 28 Jan 2024€7.9b€8.0b€199.8m32.7x39.8x1x
Tue, 26 Dec 2023€8.3b€8.0b€198.8m33.7x41.6x1x
Thu, 23 Nov 2023€8.2b€8.0b€199.7m34.1x40.9x1x
Sat, 21 Oct 2023€7.2b€7.8b€201.4m36.3x36x0.9x
Mon, 18 Sep 2023€7.8b€7.7b€206.9m46.4x37.9x1x
Wed, 16 Aug 2023€7.8b€7.7b€203.8m42.1x38.3x1x
Fri, 14 Jul 2023€8.1b€7.6b€223.0m42.4x36.4x1.1x
Sun, 11 Jun 2023€7.6b€7.4b€234.0m44.9x32.3x1x
Tue, 09 May 2023€7.1b€7.4b€231.2m44.1x30.8x1x
Thu, 06 Apr 2023€7.3b€7.4b€232.2m44.4x31.4x1x
Sat, 04 Mar 2023€7.0b€7.3b€241.2m36.2x29x1x
Mon, 30 Jan 2023€6.7b€7.1b€238.1m23.9x28.1x0.9x
Wed, 28 Dec 2022€6.9b€7.2b€240.3m21.7x28.6x1x
Fri, 25 Nov 2022€6.9b€7.2b€242.7m23.4x28.5x1x
Price to Earnings Ratio

28.5x


Total Market Cap: €6.9bTotal Earnings: €242.7mTotal Revenue: €7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Food Industry Price to Earnings3Y Average 37.5x202320242025
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 29.1x which is lower than its 3-year average PE of 37.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 3.6% 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 Market0.66%
Consumer Staples-1.13%
Food-1.73%
Agricultural Products1.98%
Packaged Foods and Meats-2.17%
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 51.9x.
    • Analysts are expecting annual earnings growth of 13.1%, 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 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 13% 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
SIP Sipef€79.602.1%
+€16.7m
39.6%PE9.8x
NEWT Newtree€2.749.6%
+€2.2m
21.2%n/a
MIKO Miko€56.402.9%
+€2.0m
7.6%PE20.2x
WHATS What's Cooking Group€111.000.9%
+€1.9m
3.7%PE15.7x