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Belgian (BEL20) Financials Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies17
  • 7D1.5%
  • 3M6.4%
  • 1Y-18.3%
  • YTD-19.2%

The Financials industry is up 1.5% in the last week, with KBC Group up 4.1%. In the past year, the industry is down 18%. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022€67.9b€37.0b€7.8b8x8.7x1.8x
Mon, 31 Oct 2022€63.9b€37.1b€8.0b7.5x8x1.7x
Wed, 28 Sep 2022€63.4b€37.9b€8.0b7.5x7.9x1.7x
Fri, 26 Aug 2022€70.8b€39.6b€10.7b7.8x6.6x1.8x
Sun, 24 Jul 2022€72.7b€41.5b€10.9b7.9x6.7x1.8x
Tue, 21 Jun 2022€75.0b€41.5b€10.9b8.1x6.9x1.8x
Thu, 19 May 2022€83.9b€42.7b€11.0b8x7.7x2x
Sat, 16 Apr 2022€88.7b€42.7b€11.7b8.6x7.6x2.1x
Mon, 14 Mar 2022€84.7b€42.5b€11.8b7.8x7.2x2x
Wed, 09 Feb 2022€92.3b€42.2b€11.6b6.7x7.9x2.2x
Fri, 07 Jan 2022€96.7b€42.2b€11.4b6.7x8.5x2.3x
Sun, 05 Dec 2021€92.9b€42.2b€11.4b6.2x8.2x2.2x
Tue, 02 Nov 2021€103.2b€45.1b€11.8b7.5x8.7x2.3x
Thu, 30 Sep 2021€93.2b€45.7b€11.8b6.8x7.9x2x
Sat, 28 Aug 2021€92.7b€45.6b€11.8b7.2x7.9x2x
Sun, 04 Jul 2021€89.0b€45.6b€11.8b6.8x7.5x1.9x
Wed, 07 Apr 2021€89.8b€43.4b€9.9b11.1x9x2.1x
Sat, 09 Jan 2021€78.2b€39.0b€7.4b15.8x10.6x2x
Fri, 02 Oct 2020€66.9b€38.3b€7.2b10.6x9.3x1.7x
Mon, 06 Jul 2020€71.8b€38.1b€7.0b13.5x10.3x1.9x
Thu, 09 Apr 2020€70.5b€39.8b€8.2b8x8.6x1.8x
Wed, 01 Jan 2020€88.2b€43.8b€9.5b10.3x9.3x2x
Price to Earnings Ratio

10.3x


Total Market Cap: €87.1bTotal Earnings: €8.5bTotal Revenue: €42.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Financials Sector Price to Earnings3Y Average 8.6x202020212022
Current Industry PE
  • Investors are relatively neutral on the Belgian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 8.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 2.8% per year over the last three years,
  • Revenues have also declined 4.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

BE Market1.62%
Financials1.45%
Insurance8.05%
Banks2.33%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Diversified Financial-1.93%
Capital Markets-2.31%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 15.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Insurance 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
KBC KBC Group€55.404.1%
+€900.7m
-25.1%PB1.2x
AGS ageas€40.938.1%
+€563.7m
-11.8%PE7.7x
KBCA KBC Ancora€40.883.2%
+€97.8m
-2.9%PB0.9x
GIMB Gimv€43.901.3%
+€14.7m
-17.2%PS5.3x
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KBC

€55.40

KBC Group

7D

4.1%

1Y

-25.1%

GIMB

€43.90

Gimv

7D

1.3%

1Y

-17.2%

CAND

€3.24

Candela Invest

7D

-7.4%

1Y

-4.7%

TINC

€12.30

TINC

7D

-0.3%

1Y

-7.2%

SOF

€216.60

Sofina Société Anonyme

7D

-3.6%

1Y

-46.3%

KBCA

€40.88

KBC Ancora

7D

3.2%

1Y

-2.9%

COMB

€324.00

Compagnie du Bois Sauvage

7D

-0.6%

1Y

-2.4%

BREB

€99.40

Brederode

7D

-4.1%

1Y

-21.9%

AGS

€40.93

ageas

7D

8.1%

1Y

-11.8%

GBLB

€78.38

Groupe Bruxelles Lambert

7D

-1.0%

1Y

-18.2%