An Intrinsic Calculation For bpost NV/SA (EBR:BPOST) Suggests It's 25% Undervalued
Sep 11
Have your own idea? Try our Stock Screener
Belgian (BEL20) Industrials Sector Analysis
UpdatedSep 13, 2025
DataAggregated Company Financials
Companies28
- 7D0.02%
- 3M0.05%
- 1Y-4.3%
- YTD-4.1%
The Industrials is pretty flat in the last 7 days, but Ackermans & Van Haaren has stood out, gaining 3.9%. As for the longer term, the industry has declined 4.3% in the last year. Looking forward, earnings are forecast to grow by 15% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 13 Sep 2025 | €22.7b | €32.4b | €1.3b | 15.2x | 17.3x | 0.7x |
| Mon, 11 Aug 2025 | €23.0b | €32.0b | €1.2b | 15.7x | 19.6x | 0.7x |
| Wed, 09 Jul 2025 | €21.9b | €31.8b | €1.2b | 15.2x | 18.2x | 0.7x |
| Fri, 06 Jun 2025 | €22.3b | €31.8b | €1.2b | 15.2x | 18.4x | 0.7x |
| Sun, 04 May 2025 | €21.6b | €31.7b | €1.3b | 14.7x | 17.2x | 0.7x |
| Tue, 01 Apr 2025 | €21.5b | €31.8b | €1.4b | 12.7x | 15.6x | 0.7x |
| Thu, 27 Feb 2025 | €22.6b | €30.8b | €1.6b | 12.6x | 14.2x | 0.7x |
| Sat, 25 Jan 2025 | €22.1b | €30.7b | €1.6b | 12x | 14x | 0.7x |
| Mon, 23 Dec 2024 | €22.1b | €30.7b | €1.6b | 12.6x | 14x | 0.7x |
| Wed, 20 Nov 2024 | €22.1b | €30.8b | €1.7b | 12.7x | 13.2x | 0.7x |
| Fri, 18 Oct 2024 | €22.7b | €30.7b | €1.6b | 13.1x | 14x | 0.7x |
| Sun, 15 Sep 2024 | €22.9b | €30.6b | €1.6b | 14x | 14.1x | 0.7x |
| Tue, 13 Aug 2024 | €22.6b | €29.8b | €1.5b | 12.6x | 14.6x | 0.8x |
| Thu, 11 Jul 2024 | €22.4b | €29.8b | €1.6b | 13x | 14.3x | 0.8x |
| Sat, 08 Jun 2024 | €23.0b | €30.1b | €1.6b | 12.9x | 14.6x | 0.8x |
| Mon, 06 May 2024 | €23.2b | €30.1b | €1.6b | 12.4x | 14.8x | 0.8x |
| Wed, 03 Apr 2024 | €21.6b | €30.4b | €1.6b | 13.2x | 13.4x | 0.7x |
| Fri, 01 Mar 2024 | €20.8b | €29.6b | €1.8b | 13.4x | 11.6x | 0.7x |
| Sun, 28 Jan 2024 | €22.0b | €32.6b | €1.9b | 10.9x | 11.3x | 0.7x |
| Tue, 26 Dec 2023 | €21.9b | €32.1b | €2.0b | 11.1x | 11.2x | 0.7x |
| Thu, 23 Nov 2023 | €21.1b | €32.1b | €2.0b | 11.3x | 10.8x | 0.7x |
| Sat, 21 Oct 2023 | €19.8b | €31.8b | €2.0b | 12.8x | 9.7x | 0.6x |
| Mon, 18 Sep 2023 | €21.2b | €31.9b | €2.0b | 13.1x | 10.4x | 0.7x |
| Wed, 16 Aug 2023 | €22.0b | €31.2b | €2.1b | 10.9x | 10.7x | 0.7x |
| Fri, 14 Jul 2023 | €22.7b | €31.1b | €2.1b | 13.2x | 10.7x | 0.7x |
| Sun, 11 Jun 2023 | €22.6b | €31.0b | €2.1b | 11.5x | 10.7x | 0.7x |
| Tue, 09 May 2023 | €22.4b | €30.9b | €2.1b | 11.7x | 10.6x | 0.7x |
| Thu, 06 Apr 2023 | €21.7b | €31.0b | €2.1b | 10.3x | 10.2x | 0.7x |
| Sat, 04 Mar 2023 | €23.0b | €29.9b | €2.0b | 12.2x | 11.8x | 0.8x |
| Mon, 30 Jan 2023 | €23.0b | €29.3b | €1.9b | 12.3x | 12x | 0.8x |
| Wed, 28 Dec 2022 | €23.2b | €29.3b | €1.9b | 11.6x | 12x | 0.8x |
| Fri, 25 Nov 2022 | €22.7b | €29.3b | €1.9b | 11.6x | 11.8x | 0.8x |
| Sun, 23 Oct 2022 | €20.8b | €29.2b | €1.9b | 10.9x | 10.9x | 0.7x |
| Tue, 20 Sep 2022 | €21.8b | €29.0b | €1.9b | 11.9x | 11.4x | 0.8x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are optimistic on the Belgian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.3x which is higher than its 3-year average PE of 13.3x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Belgian Industrials sector?
| BE Market | -0.34% | |
| Industrials | 0.024% | |
| Logistics | 13.49% | |
| Electrical | 5.39% | |
| Construction | 1.82% | |
| Machinery | 0.96% | |
| Professional Services | 0% | 0 |
| Transportation | 0% | 0 |
| Infrastructure | 0% | 0 |
| Commercial Services | -3.65% | |
| Trade Distributors | -5.42% | |
| Building | -6.06% | |
Industry PE
- Investors are most optimistic about the Electrical industry, which is trading close to its 3-year average PE ratio of 18.0x.
- Analysts are expecting annual earnings growth of 18.6%, which is lower than the prior year's growth of 76.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Commercial Services industry, expecting annual earnings growth of 132% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Construction industry is expected to see its earnings grow by 6.7% per year 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 | |
|---|---|---|---|---|---|
| ACKB Ackermans & Van Haaren | €233.20 | 3.9% +€288.3m | 27.4% | PE14.3x | |
| CENER Cenergy Holdings | €11.42 | 6.9% +€157.1m | 24.1% | PE15.5x | |
| BPOST bpost/SA | €2.36 | 13.5% +€56.0m | -6.5% | PS0.1x | |
| ENRGY EnergyVision | €12.60 | 0.8% +€6.1m | n/a | PE75.9x | |
| JEN Jensen-Group | €62.60 | 1.0% +€5.6m | 45.6% | PE11.2x |
