A Look At The Fair Value Of Azelis Group NV (EBR:AZE)
Nov 17
Belgian (BEL20) Industrials Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies18
- 7D0.5%
- 3M9.9%
- 1Y-7.1%
- YTD-12.4%
Last week, the Industrials industry hasn't moved much but DEME Group is up 6.4% in that time. Unfortunately though, the industry is down 7.1% over the past 12 months. As for the next few years, earnings are expected to grow by 9.8% per annum.
Sector Valuation and Performance
Has the Belgian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | €22.8b | €29.3b | €1.9b | 11.3x | 11.9x | 0.8x |
| Tue, 01 Nov 2022 | €21.2b | €29.2b | €1.9b | 11.2x | 11.1x | 0.7x |
| Thu, 29 Sep 2022 | €20.9b | €29.1b | €1.9b | 10.9x | 10.9x | 0.7x |
| Sat, 27 Aug 2022 | €21.0b | €27.8b | €1.8b | 12.9x | 11.8x | 0.8x |
| Mon, 25 Jul 2022 | €21.0b | €27.0b | €1.7b | 10.3x | 12.3x | 0.8x |
| Wed, 22 Jun 2022 | €20.6b | €24.4b | €1.6b | 11.6x | 12.9x | 0.8x |
| Fri, 20 May 2022 | €21.6b | €24.4b | €1.6b | 12.7x | 13.6x | 0.9x |
| Sun, 17 Apr 2022 | €23.5b | €24.4b | €1.6b | 13.6x | 14.7x | 1x |
| Tue, 15 Mar 2022 | €21.7b | €23.1b | €1.4b | 13.5x | 15.9x | 0.9x |
| Thu, 10 Feb 2022 | €22.7b | €24.9b | €1.1b | 16.8x | 20x | 0.9x |
| Sat, 08 Jan 2022 | €23.1b | €24.9b | €1.2b | 16.9x | 19.9x | 0.9x |
| Mon, 06 Dec 2021 | €21.1b | €24.9b | €1.2b | 15.2x | 18.2x | 0.8x |
| Wed, 03 Nov 2021 | €22.5b | €24.9b | €1.2b | 15.2x | 19.5x | 0.9x |
| Fri, 01 Oct 2021 | €16.8b | €20.4b | €801.0m | 16.4x | 21x | 0.8x |
| Sun, 29 Aug 2021 | €10.3b | €19.2b | €765.2m | 15.5x | 13.5x | 0.5x |
| Mon, 05 Jul 2021 | €10.4b | €19.2b | €765.2m | 15.6x | 13.5x | 0.5x |
| Thu, 08 Apr 2021 | €9.4b | €19.0b | €686.4m | 16.4x | 13.7x | 0.5x |
| Sun, 10 Jan 2021 | €8.7b | €18.7b | €601.1m | 12.5x | 14.4x | 0.5x |
| Sat, 03 Oct 2020 | €7.3b | €18.9b | €778.5m | 9.8x | 9.4x | 0.4x |
| Tue, 07 Jul 2020 | €6.9b | €18.8b | €759.8m | 10.2x | 9.1x | 0.4x |
| Fri, 10 Apr 2020 | €7.0b | €19.1b | €765.4m | 9.1x | 9.2x | 0.4x |
| Thu, 02 Jan 2020 | €9.5b | €19.7b | €757.4m | 11.4x | 12.6x | 0.5x |
Price to Earnings Ratio
12.6x
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 11.9x 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 0.61x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 15% 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 | 1.62% | |
| Industrials | 0.51% | |
| Logistics | 4.30% | |
| Construction | 2.87% | |
| Commercial Services | 1.38% | |
| Building | 0.22% | |
| Aerospace & Defense | 0% | |
| Industrials | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Transportation | 0% | |
| Infrastructure | 0% | |
| Machinery | -1.56% | |
| Electrical | -1.71% | |
| Trade Distributors | -2.45% | |
Industry PE
- Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 19.3x.
Forecasted Growth
- Analysts are most optimistic on the Commercial Services industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings growth rate of 38% per year.
- In contrast, the Logistics 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 | |
|---|---|---|---|---|---|
| DEME DEME Group | €123.22 | 6.4% +€188.3m | n/a | PE26.2x | |
| ACKB Ackermans & Van Haaren | €153.10 | 1.0% +€49.7m | 3.7% | PE9.8x | |
| BPOST bpost/SA | €5.71 | 4.3% +€47.0m | -19.0% | PE4.8x | |
| DECB Deceuninck | €2.44 | 3.0% +€9.7m | -24.7% | PE15.8x | |
| MOUR Moury Construct | €300.00 | 4.9% +€5.5m | -13.8% | PE8.1x |