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Belgian (BEL20) Energy Sector Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies4
  • 7D-0.6%
  • 3M6.1%
  • 1Y22.9%
  • YTD28.8%

Over the last 7 days, the Energy industry has dropped 4.1%, driven by a pullback from Cmb.Tech of 0.9%. This takes the industry's 12 month performance to a gain of 23%. In the next few years, earnings are forecast to decline by 5.5% annually.

Sector Valuation and Performance

Has the Belgian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026€6.6b€2.7b€561.8m14.3x11.8x2.5x
Fri, 08 May 2026€6.8b€2.4b€276.8m20.7x24.5x2.8x
Sun, 05 Apr 2026€6.2b€2.4b€280.5m19.5x22.1x2.6x
Tue, 03 Mar 2026€6.5b€2.6b€344.1m18.5x18.9x2.5x
Thu, 29 Jan 2026€5.8b€2.1b€344.2m17.3x16.9x2.8x
Sat, 27 Dec 2025€5.1b€2.1b€347.8m16.4x14.6x2.4x
Mon, 24 Nov 2025€5.3b€1.9b€421.8m11.8x12.5x2.8x
Wed, 22 Oct 2025€5.2b€1.9b€418.9m11.2x12.4x2.7x
Fri, 19 Sep 2025€5.3b€1.8b€421.4m11.4x12.5x2.9x
Sun, 17 Aug 2025€4.1b€1.8b€596.2m4x6.9x2.3x
Tue, 15 Jul 2025€4.4b€1.8b€597.7m4.4x7.3x2.4x
Thu, 12 Jun 2025€4.3b€1.8b€605.9m4.3x7.2x2.4x
Sat, 10 May 2025€4.4b€1.8b€1.0b4.1x4.3x2.4x
Mon, 07 Apr 2025€4.0b€1.9b€1.0b4x3.9x2.2x
Wed, 05 Mar 2025€4.2b€2.0b€1.0b6.1x4.1x2.1x
Fri, 31 Jan 2025€4.5b€2.1b€1.3b6x3.4x2.2x
Sun, 29 Dec 2024€4.2b€2.1b€1.3b6x3.1x2x
Tue, 26 Nov 2024€4.4b€2.0b€1.3b4.2x3.3x2.1x
Thu, 24 Oct 2024€5.1b€2.1b€1.3b4.3x3.9x2.4x
Sat, 21 Sep 2024€5.0b€2.1b€1.3b4.7x4x2.4x
Mon, 19 Aug 2024€5.2b€2.2b€1.2b6.6x4.2x2.4x
Wed, 17 Jul 2024€5.1b€2.3b€1.2b6.4x4.1x2.2x
Fri, 14 Jun 2024€5.3b€2.3b€1.2b6.2x4.3x2.3x
Sun, 12 May 2024€6.1b€2.6b€1.2b6.7x4.9x2.3x
Tue, 09 Apr 2024€5.6b€2.3b€938.0m6.6x5.9x2.4x
Thu, 07 Mar 2024€5.8b€2.7b€907.3m10.4x6.4x2.1x
Sat, 03 Feb 2024€5.9b€3.1b€915.1m11x6.5x1.9x
Mon, 01 Jan 2024€5.9b€2.8b€737.3m11.3x8x2.1x
Wed, 29 Nov 2023€6.0b€2.8b€739.6m10.6x8.1x2.2x
Fri, 27 Oct 2023€6.3b€2.7b€950.6m6.1x6.7x2.4x
Sun, 24 Sep 2023€6.4b€2.7b€947.9m5.9x6.7x2.4x
Tue, 22 Aug 2023€5.9b€2.5b€942.3m6.3x6.3x2.3x
Thu, 20 Jul 2023€5.3b€2.3b€770.4m7.2x6.8x2.3x
Sat, 17 Jun 2023€5.5b€2.4b€787.6m7.8x7x2.3x
Price to Earnings Ratio

7x


Total Market Cap: €5.5bTotal Earnings: €787.6mTotal Revenue: €2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Energy Sector Price to Earnings3Y Average 8.3x202420252026
Current Industry PE
  • Investors are optimistic on the Belgian Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.8x which is higher than its 3-year average PE of 8.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.3% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Belgian Energy sector?

BE Market0.67%
Energy-0.57%
Oil and Gas-0.57%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 8.3x.
    • Analysts are expecting annual earnings decline of 5.5%, which is less than its past year's earnings decline of 7.4%.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.3x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 5.5% per year over the next 5 years, which isn't as bad as the other industries.
  • This is an improvement from its past earnings decline of 7.4% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 5.5% 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
EXM Exmar€11.600.4%
+€4.0m
0.9%PE14.3x

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