Subdued Growth No Barrier To Groupe Bruxelles Lambert SA's (EBR:GBLB) Price
Jun 08
Belgian (BEL20) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies30
- 7D2.7%
- 3M-1.2%
- 1Y0.2%
- YTD2.4%
Over the last 7 days, the Financials industry has risen 2.7%, driven by gains from KBC Group of 4.7%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 2.5% annually.
Sector Valuation and Performance
Has the Belgian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €78.3b | €38.6b | €8.8b | 9.7x | 8.9x | 2x |
| Sun, 23 Jun 2024 | €75.8b | €38.6b | €8.8b | 9.1x | 8.6x | 2x |
| Tue, 21 May 2024 | €77.9b | €38.6b | €8.8b | 9.4x | 8.9x | 2x |
| Thu, 18 Apr 2024 | €78.7b | €39.0b | €9.1b | 9.8x | 8.7x | 2x |
| Sat, 16 Mar 2024 | €79.2b | €43.0b | €8.8b | 8.6x | 9x | 1.8x |
| Mon, 12 Feb 2024 | €78.1b | €45.4b | €8.4b | 8.6x | 9.3x | 1.7x |
| Wed, 10 Jan 2024 | €76.5b | €43.5b | €8.4b | 8.6x | 9.1x | 1.8x |
| Fri, 08 Dec 2023 | €74.5b | €43.5b | €8.4b | 9.2x | 8.9x | 1.7x |
| Sun, 05 Nov 2023 | €69.2b | €41.2b | €7.7b | 9.4x | 9x | 1.7x |
| Tue, 03 Oct 2023 | €71.7b | €41.2b | €7.5b | 9.8x | 9.5x | 1.7x |
| Thu, 31 Aug 2023 | €69.4b | €37.8b | €8.0b | 7.6x | 8.7x | 1.8x |
| Sat, 29 Jul 2023 | €72.8b | €36.8b | €7.5b | 7.2x | 9.7x | 2x |
| Mon, 26 Jun 2023 | €68.8b | €36.9b | €7.5b | 7.7x | 9.2x | 1.9x |
| Wed, 24 May 2023 | €72.7b | €36.9b | €7.5b | 7.8x | 9.8x | 2x |
| Fri, 21 Apr 2023 | €77.1b | €36.1b | €7.0b | 9x | 11.1x | 2.1x |
| Sun, 19 Mar 2023 | €73.9b | €36.8b | €7.3b | 7.9x | 10.1x | 2x |
| Tue, 14 Feb 2023 | €78.7b | €37.2b | €7.8b | 8.2x | 10.1x | 2.1x |
| Thu, 12 Jan 2023 | €72.8b | €37.0b | €7.8b | 8.2x | 9.3x | 2x |
| Sat, 10 Dec 2022 | €68.2b | €37.0b | €7.8b | 8.1x | 8.7x | 1.8x |
| Mon, 07 Nov 2022 | €64.9b | €37.8b | €7.9b | 7.6x | 8.3x | 1.7x |
| Wed, 05 Oct 2022 | €64.2b | €37.1b | €8.0b | 7.4x | 8x | 1.7x |
| Fri, 02 Sep 2022 | €69.2b | €40.5b | €10.8b | 7.6x | 6.4x | 1.7x |
| Sun, 31 Jul 2022 | €74.7b | €41.5b | €10.9b | 8.1x | 6.9x | 1.8x |
| Tue, 28 Jun 2022 | €75.0b | €41.5b | €10.9b | 8.2x | 6.9x | 1.8x |
| Thu, 26 May 2022 | €83.4b | €41.5b | €10.9b | 8.1x | 7.6x | 2x |
| Sat, 23 Apr 2022 | €96.6b | €43.0b | €12.7b | 7.9x | 7.6x | 2.2x |
| Mon, 21 Mar 2022 | €90.2b | €42.9b | €11.9b | 7.9x | 7.6x | 2.1x |
| Wed, 16 Feb 2022 | €93.2b | €42.4b | €11.7b | 7.5x | 7.9x | 2.2x |
| Fri, 14 Jan 2022 | €96.0b | €42.2b | €11.4b | 6.5x | 8.4x | 2.3x |
| Sun, 12 Dec 2021 | €94.1b | €42.2b | €11.4b | 6x | 8.3x | 2.2x |
| Tue, 09 Nov 2021 | €100.1b | €41.5b | €11.5b | 7.4x | 8.7x | 2.4x |
| Thu, 07 Oct 2021 | €95.3b | €45.1b | €11.8b | 6.9x | 8.1x | 2.1x |
| Sat, 04 Sep 2021 | €93.1b | €45.6b | €11.8b | 7.3x | 7.9x | 2x |
| Mon, 02 Aug 2021 | €92.2b | €45.6b | €11.8b | 7x | 7.8x | 2x |
Price to Earnings Ratio
7.8x
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 1.9x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 9.3% per year over the last three years,
- Revenues have also declined 5.4% 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 Market | 0.84% | |
| Financials | 2.70% | |
| Banks | 4.39% | |
| Diversified Financial | 0.40% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | -1.20% | |
| Capital Markets | -1.80% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 2.4%, which is higher than its past year's earnings decline of 82.3% per year.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 8.0x.
Forecasted Growth
- Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 7.3% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KBC KBC Group | €70.86 | 4.8% +€1.3b | 3.0% | PB1.2x | |
| 017250539 BNP Paribas Fortis | €38.00 | 5.0% +€1.0b | -5.5% | PB0.8x | |
| SOF Sofina Société Anonyme | €216.00 | 3.3% +€225.7m | 0.2% | PB0.8x | |
| KBCA KBC Ancora | €45.10 | 3.3% +€111.7m | 5.4% | PB1x | |
| GBLB Groupe Bruxelles Lambert | €68.45 | 0.9% +€77.5m | -7.4% | PE19.3x |