Header cover image

Belgian (BEL20) Industrials Sector Analysis

UpdatedJan 24, 2025
DataAggregated Company Financials
Companies28
  • 7D-1.1%
  • 3M-0.6%
  • 1Y6.0%
  • YTD-2.6%

The Industrials is pretty flat in the last 7 days, but Ackermans & Van Haaren has stood out, gaining 3.1%. The past year has been better, since the industry has gained 6.9% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jan 2025€22.5b€30.7b€1.6b12.1x14.3x0.7x
Sun, 22 Dec 2024€22.1b€30.7b€1.6b12.6x14x0.7x
Tue, 19 Nov 2024€22.3b€30.7b€1.7b12.4x13.5x0.7x
Thu, 17 Oct 2024€22.7b€30.7b€1.6b13.1x14x0.7x
Sat, 14 Sep 2024€22.9b€30.6b€1.6b14x14.1x0.7x
Mon, 12 Aug 2024€22.6b€29.8b€1.5b12.4x14.6x0.8x
Wed, 10 Jul 2024€22.3b€29.8b€1.6b12.9x14.3x0.7x
Fri, 07 Jun 2024€23.2b€30.1b€1.6b12.9x14.7x0.8x
Sun, 05 May 2024€23.2b€30.1b€1.6b12.4x14.8x0.8x
Tue, 02 Apr 2024€21.7b€30.4b€1.6b13.3x13.5x0.7x
Thu, 29 Feb 2024€20.7b€29.6b€1.8b13.4x11.5x0.7x
Sat, 27 Jan 2024€22.0b€32.6b€1.9b10.9x11.3x0.7x
Mon, 25 Dec 2023€21.9b€32.1b€2.0b11.1x11.2x0.7x
Wed, 22 Nov 2023€20.9b€32.1b€2.0b11.2x10.7x0.7x
Fri, 20 Oct 2023€19.9b€31.8b€2.0b12.8x9.8x0.6x
Sun, 17 Sep 2023€21.2b€31.9b€2.0b13.1x10.4x0.7x
Tue, 15 Aug 2023€22.1b€31.2b€2.1b10.9x10.7x0.7x
Thu, 13 Jul 2023€22.6b€31.1b€2.1b13.1x10.7x0.7x
Sat, 10 Jun 2023€22.6b€31.0b€2.1b11.5x10.7x0.7x
Mon, 08 May 2023€22.3b€30.9b€2.1b11.6x10.6x0.7x
Wed, 05 Apr 2023€21.8b€31.0b€2.1b10.5x10.2x0.7x
Fri, 03 Mar 2023€22.8b€29.2b€1.9b12.1x11.8x0.8x
Sun, 29 Jan 2023€23.0b€29.3b€1.9b12.3x12x0.8x
Tue, 27 Dec 2022€23.1b€29.3b€1.9b11.5x12x0.8x
Thu, 24 Nov 2022€22.4b€29.3b€1.9b11.4x11.6x0.8x
Sat, 22 Oct 2022€20.8b€29.2b€1.9b10.9x10.9x0.7x
Mon, 19 Sep 2022€21.7b€29.0b€1.9b11.8x11.3x0.7x
Wed, 17 Aug 2022€22.0b€27.7b€1.8b11.6x12.2x0.8x
Fri, 15 Jul 2022€20.3b€27.0b€1.7b10.1x11.9x0.8x
Sun, 12 Jun 2022€21.3b€24.4b€1.6b12.3x13.4x0.9x
Tue, 10 May 2022€22.2b€24.4b€1.6b13.1x14x0.9x
Thu, 07 Apr 2022€22.5b€23.7b€1.5b13.3x14.6x0.9x
Sat, 05 Mar 2022€19.8b€23.1b€1.4b12.8x14.5x0.9x
Mon, 31 Jan 2022€22.4b€24.9b€1.1b17.2x19.8x0.9x
Price to Earnings Ratio

19.8x


Total Market Cap: €22.4bTotal Earnings: €1.1bTotal Revenue: €24.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Industrials Sector Price to Earnings3Y Average 12.7x202320242025
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 14.3x which is higher than its 3-year average PE of 12.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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-0.14%
Industrials-1.06%
Machinery4.09%
Electrical0.62%
Trade Distributors0.58%
Aerospace & Defense0%0
Industrials0%0
Professional Services0%0
Airlines0%0
Marine and Shipping0%0
Transportation0%0
Infrastructure0%0
Construction-0.95%
Commercial Services-2.20%
Building-4.04%
Logistics-4.70%
Industry PE
  • Investors are most optimistic about the Commercial Services industry, which is trading close to its 3-year average PE ratio of 70.2x.
    • Analysts are expecting annual earnings growth of 49.3%, which is higher than its past year's earnings growth of 23.2% per year.
  • Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 8.7x.
Forecasted Growth
  • Analysts are most optimistic on the Commercial Services industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 23% per year.
  • In contrast, the Construction industry is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ACKB Ackermans & Van Haaren€195.502.6%
+€163.6m
25.2%PE14.9x
AZE Azelis Group€19.190.6%
+€26.8m
0%PE27.7x
JEN Jensen-Group€45.404.4%
+€18.0m
37.2%PE12x
CENER Cenergy Holdings€9.700.6%
+€12.7m
30.6%PE16.3x
CFEB Compagnie d'Entreprises CFE€6.403.7%
+€5.7m
-16.1%PE11x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ABO

€4.84

ABO-Group Environment

7D

3.0%

1Y

-16.6%

BPOST

€1.82

bpost/SA

7D

-5.5%

1Y

-53.8%

ACKB

€195.50

Ackermans & Van Haaren

7D

2.6%

1Y

25.2%

EKOP

€14.55

Ekopak

7D

0.3%

1Y

-20.1%

RECT

€9.68

Recticel

7D

0.5%

1Y

-10.0%

FOU

€1.40

Fountain

7D

-4.8%

1Y

18.6%

DECB

€2.33

Deceuninck

7D

-1.5%

1Y

2.6%

MOUR

€472.00

Moury Construct

7D

-3.3%

1Y

7.3%

CFEB

€6.40

Compagnie d'Entreprises CFE

7D

3.7%

1Y

-16.1%

094124453

€13.00

Etex

7D

-7.1%

1Y

-21.2%

JEN

€45.40

Jensen-Group

7D

4.4%

1Y

37.2%