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Belgian (BEL20) Financials Sector Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies16
  • 7D3.0%
  • 3M5.2%
  • 1Y25.5%
  • YTD25.0%

Over the last 7 days, the Financials industry has risen 3.0%, driven by gains in KBC Group and BNP Paribas Fortis of 3.9% and 8.0%, respectively. This takes the industry's 12 month performance to a gain of 25%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 07 Dec 2021€94.1b€42.2b€11.4b6.4x
Thu, 04 Nov 2021€99.6b€41.1b€11.5b7.4x
Sat, 02 Oct 2021€94.5b€45.2b€11.8b6.9x
Mon, 30 Aug 2021€92.4b€45.6b€11.8b7.2x
Tue, 06 Jul 2021€89.0b€45.6b€11.8b6.8x
Fri, 09 Apr 2021€89.8b€43.4b€9.9b11.1x
Thu, 31 Dec 2020€78.2b€39.0b€7.4b15.8x
Sun, 04 Oct 2020€66.9b€38.3b€7.2b10.6x
Wed, 08 Jul 2020€71.8b€38.1b€7.0b13.5x
Tue, 31 Mar 2020€70.5b€39.8b€8.2b8x
Fri, 03 Jan 2020€88.2b€43.8b€9.5b10.3x
Mon, 07 Oct 2019€83.6b€42.7b€8.5b10x
Sun, 30 Jun 2019€82.2b€41.9b€8.1b9x
Wed, 03 Apr 2019€80.7b€41.5b€7.7b10.3x
Sat, 05 Jan 2019€75.4b€40.0b€7.5b8.6x
PE Ratio

8.6x

Total Market Cap: €75.4bTotal Earnings: €7.5bTotal Revenue: €40.0b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 15% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

Banks5.19%
Insurance2.18%
Capital Markets0.63%
Diversified Financial0.17%

Industry PE: Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 8.7x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings decline of 35% per year. Meanwhile, investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 11.3x.

Forecasted Growth: Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 11% over the next 5 years. This is better than its past earnings decline of 35% per year. Meanwhile, the Banks 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?

Company7D1YValuation
KBC KBC Group3.9%+€1.2b24.4%PB1.3x
17250539 BNP Paribas Fortis8.0%+€1.1bn/aPB0.6x
AGS ageas2.2%+€188.3m12.9%PE12.3x
KBCA KBC Ancora4.9%+€158.2m19.0%PB1x
GBLB Groupe Bruxelles Lambert0.2%+€35.9m18.1%PE40.5x
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GIMB

€53.60

GIMV

7D

0.8%

1Y

8.1%

BELU

€2.50

Beluga

7D

-0.8%

1Y

-4.6%

TINC

€13.40

TINC

7D

-0.7%

1Y

4.3%

AGS

€47.32

ageas

7D

2.2%

1Y

12.9%

MCC

€532.00

Immo Mcc

7D

-0.7%

1Y

-21.2%