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Belgian (BEL20) Industrials Sector Analysis

UpdatedMar 01, 2024
DataAggregated Company Financials
Companies26
  • 7D0.6%
  • 3M0.3%
  • 1Y-8.3%
  • YTD-3.5%

The Industrials is pretty flat in the last 7 days, but DEME Group has stood out, gaining 8.3%. As for the longer term, the industry has declined 9.0% in the last year. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024€20.8b€29.6b€1.8b13.4x11.6x0.7x
Sun, 28 Jan 2024€22.0b€32.6b€1.9b10.9x11.3x0.7x
Tue, 26 Dec 2023€21.9b€32.1b€2.0b11.1x11.2x0.7x
Thu, 23 Nov 2023€21.1b€32.1b€2.0b11.3x10.8x0.7x
Sat, 21 Oct 2023€19.8b€31.8b€2.0b12.8x9.7x0.6x
Mon, 18 Sep 2023€21.2b€31.9b€2.0b13.1x10.4x0.7x
Wed, 16 Aug 2023€22.0b€31.2b€2.1b10.9x10.7x0.7x
Fri, 14 Jul 2023€22.7b€31.1b€2.1b13.2x10.7x0.7x
Sun, 11 Jun 2023€22.6b€31.0b€2.1b11.5x10.7x0.7x
Tue, 09 May 2023€22.4b€30.9b€2.1b11.7x10.6x0.7x
Thu, 06 Apr 2023€21.7b€31.0b€2.1b10.3x10.2x0.7x
Sat, 04 Mar 2023€23.0b€29.9b€2.0b12.2x11.8x0.8x
Mon, 30 Jan 2023€23.0b€29.3b€1.9b12.3x12x0.8x
Wed, 28 Dec 2022€23.2b€29.3b€1.9b11.6x12x0.8x
Fri, 25 Nov 2022€22.7b€29.3b€1.9b11.6x11.8x0.8x
Sun, 23 Oct 2022€20.8b€29.2b€1.9b10.9x10.9x0.7x
Tue, 20 Sep 2022€21.8b€29.0b€1.9b11.9x11.4x0.8x
Thu, 18 Aug 2022€21.9b€27.7b€1.8b11.2x12.2x0.8x
Sat, 16 Jul 2022€20.5b€27.0b€1.7b10.3x12x0.8x
Mon, 13 Jun 2022€21.3b€24.4b€1.6b12.3x13.4x0.9x
Wed, 11 May 2022€22.4b€24.4b€1.6b13.3x14.1x0.9x
Fri, 08 Apr 2022€22.6b€23.7b€1.5b13.3x14.7x1x
Sun, 06 Mar 2022€19.8b€23.1b€1.4b12.8x14.5x0.9x
Tue, 01 Feb 2022€22.6b€24.9b€1.1b17.1x19.9x0.9x
Thu, 30 Dec 2021€23.0b€24.9b€1.2b16.2x19.8x0.9x
Sat, 27 Nov 2021€20.7b€24.9b€1.2b14.9x17.9x0.8x
Mon, 25 Oct 2021€17.3b€20.8b€812.7m15.9x21.3x0.8x
Wed, 22 Sep 2021€17.1b€17.9b€710.6m15.7x24x1x
Fri, 20 Aug 2021€10.1b€19.2b€765.2m15.2x13.2x0.5x
Fri, 04 Jun 2021€10.7b€19.0b€686.4m16.9x15.6x0.6x
Mon, 08 Mar 2021€9.2b€18.7b€601.1m14.5x15.3x0.5x
Price to Earnings Ratio

15.3x


Total Market Cap: €9.2bTotal Earnings: €601.1mTotal Revenue: €18.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Industrials Sector Price to Earnings3Y Average 13.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Belgian Industrials 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 11.5x which is lower than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 44% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Industrials sector?

BE Market-1.61%
Industrials0.64%
Electrical3.73%
Construction2.09%
Machinery2.04%
Aerospace & Defense0%
Industrials0%
Professional Services0%
Airlines0%
Marine and Shipping0%
Transportation0%
Infrastructure0%
Building-0.32%
Commercial Services-1.06%
Trade Distributors-1.46%
Logistics-2.64%
Industry PE
  • Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 65.7x.
    • Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings decline of 30.5% per year.
  • Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 26.0x.
Forecasted Growth
  • Analysts are most optimistic on the Building industry, expecting annual earnings growth of 67% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Machinery 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
DEME DEME Group€128.205.8%
+€177.2m
7.2%PE31.4x
CENER Cenergy Holdings€7.235.4%
+€70.4m
78.5%PE21.7x
RECT Recticel€11.522.9%
+€17.9m
-33.7%PS1.2x
JEN Jensen-Group€33.700.9%
+€2.9m
8.7%PE13.4x
ABO ABO-Group Environment€5.950.8%
+€528.4k
-1.7%PE38.3x
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