Header cover image

Belgian (BEL20) Energy Sector Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies5
  • 7D1.2%
  • 3M-5.3%
  • 1Y-15.9%
  • YTD-5.0%

The Energy industry has stayed flat over the last week. Unfortunately though, the industry is down 17% over the past 12 months. In the next few years, earnings are forecast to decline by 42% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024€5.5b€2.4b€946.2m6.4x5.8x2.3x
Fri, 22 Mar 2024€5.4b€2.7b€910.4m10.5x5.9x2x
Sun, 18 Feb 2024€5.8b€2.7b€916.8m10.5x6.3x2.1x
Tue, 16 Jan 2024€6.0b€2.8b€742.7m11.2x8.1x2.1x
Thu, 14 Dec 2023€6.0b€2.8b€752.4m11.2x7.9x2.1x
Sat, 11 Nov 2023€6.2b€2.7b€1.0b5.3x6x2.3x
Mon, 09 Oct 2023€6.4b€2.7b€945.9m5.9x6.7x2.4x
Wed, 06 Sep 2023€6.2b€2.6b€955.7m5.7x6.5x2.4x
Fri, 04 Aug 2023€5.7b€2.5b€938.8m5.8x6x2.2x
Sun, 02 Jul 2023€5.3b€2.4b€788.3m7.3x6.8x2.3x
Tue, 30 May 2023€5.5b€2.4b€801.3m7.6x6.9x2.3x
Thu, 27 Apr 2023€5.8b€2.1b€558.2m16.8x10.4x2.8x
Sat, 25 Mar 2023€5.6b€1.6b€256.3m21x21.9x3.5x
Mon, 20 Feb 2023€5.6b€1.6b€257.4m21.2x21.8x3.5x
Wed, 18 Jan 2023€5.3b€1.4b-€28,639,805.0025.4x-184.6x3.9x
Fri, 16 Dec 2022€5.9b€1.4b-€30,313,468.0024.8x-195.9x4.3x
Sun, 13 Nov 2022€6.2b€1.4b-€33,441,485.0025.8x-186.2x4.5x
Tue, 11 Oct 2022€5.7b€1.3b-€166,957,071.0025.2x-34.4x4.4x
Thu, 08 Sep 2022€6.1b€1.2b-€146,834,499.0056x-41.6x5x
Sat, 06 Aug 2022€5.3b€1.2b-€141,349,950.0040.5x-37.7x4.3x
Mon, 04 Jul 2022€4.7b€1.1b-€217,740,610.0037.6x-21.4x4.1x
Wed, 01 Jun 2022€4.9b€1.1b-€208,803,056.0042.7x-23.4x4.3x
Fri, 29 Apr 2022€4.7b€1.1b-€235,395,303.0028.7x-20x4.1x
Sun, 27 Mar 2022€4.3b€1.1b-€223,133,626.0030.3x-19.5x4x
Tue, 22 Feb 2022€4.2b€1.2b-€117,496,686.0015.2x-35.6x3.5x
Thu, 20 Jan 2022€4.1b€1.2b-€104,651,214.0016.2x-39.4x3.4x
Sat, 18 Dec 2021€4.0b€1.2b-€105,833,642.0015.8x-37.6x3.3x
Mon, 15 Nov 2021€4.2b€1.2b-€103,101,825.0015.7x-41x3.5x
Wed, 13 Oct 2021€4.3b€1.4b€29.5m16.3x146.1x3.2x
Fri, 10 Sep 2021€3.8b€1.3b€29.0m15.8x131x2.8x
Sun, 08 Aug 2021€3.8b€1.3b€29.0m16x130.8x2.8x
Sat, 01 May 2021€4.0b€1.6b€285.9m9.6x14.1x2.5x
Price to Earnings Ratio

14.1x


Total Market Cap: €4.0bTotal Earnings: €285.9mTotal Revenue: €1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Energy Sector Price to Earnings3Y Average -5.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Belgian Energy 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 5.8x which is higher than its 3-year average PE of -5.6x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Energy sector?

BE Market2.74%
Energy1.21%
Oil and Gas1.21%
Energy Services0%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 41.9%, which is worse than the prior year's decline of 7.5%.
  • 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.
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 42% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 7.5% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 42% 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
FLUX Fluxys Belgium€20.703.0%
+€42.2m
-29.4%PE18.8x
EURN Euronav€15.360.7%
+€21.4m
-2.4%PE3.7x
EXM Exmar€7.510.7%
+€5.2m
-35.8%PE6.4x
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.

Latest News