Belgian (BEL20) Food Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 29 Jun 2024	€9.6b	€8.3b	€225.5m	21.4x	42.6x	1.2x
Mon, 27 May 2024	€10.0b	€8.3b	€224.6m	22x	44.5x	1.2x
Wed, 24 Apr 2024	€9.3b	€8.1b	€223.3m	32.9x	41.6x	1.2x
Fri, 22 Mar 2024	€8.7b	€8.0b	€217.6m	31.6x	40x	1.1x
Sun, 18 Feb 2024	€9.0b	€8.0b	€215.7m	31.4x	41.6x	1.1x
Tue, 16 Jan 2024	€8.0b	€8.0b	€199.2m	32.4x	40.2x	1x
Thu, 14 Dec 2023	€8.4b	€8.0b	€200.2m	33.7x	41.9x	1.1x
Sat, 11 Nov 2023	€7.6b	€7.8b	€201.0m	32.4x	37.8x	1x
Mon, 09 Oct 2023	€7.5b	€7.8b	€201.4m	37.8x	37.2x	1x
Wed, 06 Sep 2023	€7.6b	€7.7b	€206.1m	38.4x	36.9x	1x
Fri, 04 Aug 2023	€7.8b	€7.6b	€225.5m	43.2x	34.7x	1x
Sun, 02 Jul 2023	€7.8b	€7.6b	€225.8m	41.7x	34.7x	1x
Tue, 30 May 2023	€6.8b	€7.4b	€234.2m	41.1x	28.9x	0.9x
Thu, 27 Apr 2023	€7.1b	€7.4b	€231.1m	44.2x	30.6x	1x
Sat, 25 Mar 2023	€7.0b	€7.3b	€239.8m	36.5x	29.2x	1x
Mon, 20 Feb 2023	€7.0b	€7.3b	€243.3m	22.8x	28.8x	1x
Wed, 18 Jan 2023	€6.8b	€7.2b	€238.8m	24.1x	28.4x	0.9x
Fri, 16 Dec 2022	€7.0b	€7.2b	€240.5m	22.7x	29.1x	1x
Sun, 13 Nov 2022	€6.7b	€7.1b	€245.5m	24.2x	27.4x	1x
Tue, 11 Oct 2022	€6.2b	€7.1b	€252.3m	22x	24.5x	0.9x
Thu, 08 Sep 2022	€6.7b	€6.9b	€249.7m	27.2x	26.7x	1x
Sat, 06 Aug 2022	€6.8b	€6.8b	€223.7m	29.2x	30.6x	1x
Mon, 04 Jul 2022	€6.5b	€6.8b	€221.9m	30.8x	29.2x	1x
Wed, 01 Jun 2022	€5.9b	€6.8b	€211.2m	40.8x	28x	0.9x
Fri, 29 Apr 2022	€6.5b	€6.8b	€210.9m	47.4x	30.9x	1x
Sun, 27 Mar 2022	€6.1b	€6.8b	€207.2m	42.4x	29.4x	0.9x
Tue, 22 Feb 2022	€6.3b	€6.8b	€210.8m	45.6x	30x	0.9x
Thu, 20 Jan 2022	€6.7b	€6.7b	€181.0m	48.1x	36.8x	1x
Sat, 18 Dec 2021	€6.7b	€6.7b	€181.4m	48.8x	36.9x	1x
Mon, 15 Nov 2021	€6.6b	€6.7b	€173.1m	49x	38.1x	1x
Wed, 13 Oct 2021	€6.6b	€6.7b	€172.7m	48.8x	38x	1x
Fri, 10 Sep 2021	€6.6b	€6.7b	€163.8m	48.8x	40x	1x
Sun, 08 Aug 2021	€6.1b	€6.7b	€161.6m	43.9x	37.7x	0.9x

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 42.6x which is higher than its 3-year average PE of 34.4x.

The 3-year average PS ratio of 0.99x 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 12% per year over the last three years.
Revenues for these companies have grown 7.4% 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	-0.79%
Consumer Staples	-1.62%
Food	-3.32%
Agricultural Products	-2.38%
Packaged Foods and Meats	-3.38%

Industry PE

Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 49.9x.

Analysts are expecting annual earnings growth of 14.4%, which is lower than the prior year's growth of 50.3% per year.

Investors are most pessimistic about the Agricultural Products industry, which is trading close to 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 14% over the next 5 years.
However this is lower than its past earnings growth rate of 50% per year.