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Belgian (BEL20) Construction Industry Analysis

UpdatedJan 04, 2026
DataAggregated Company Financials
Companies5
  • 7D1.4%
  • 3M7.7%
  • 1Y12.5%
  • YTD0%

In the last week, the Construction industry is up 1.4%, with DEME Group up 2.6%. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 4.5% annually.

Industry Valuation and Performance

Has the Belgian Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Jan 2026€11.7b€11.8b€913.4m11.1x12.8x1x
Tue, 02 Dec 2025€11.2b€11.8b€913.4m10.8x12.2x0.9x
Thu, 30 Oct 2025€11.0b€11.8b€913.4m10.4x12.1x0.9x
Sat, 27 Sep 2025€10.8b€11.8b€913.4m9.4x11.8x0.9x
Mon, 25 Aug 2025€11.5b€11.5b€798.2m12.2x14.4x1x
Wed, 23 Jul 2025€10.7b€11.5b€798.2m11.4x13.4x0.9x
Fri, 20 Jun 2025€10.8b€11.5b€798.2m11.6x13.6x0.9x
Sun, 18 May 2025€11.5b€11.5b€798.2m12.3x14.4x1x
Tue, 15 Apr 2025€10.3b€11.5b€796.5m10.1x13x0.9x
Thu, 13 Mar 2025€10.2b€11.5b€798.4m10x12.8x0.9x
Sat, 08 Feb 2025€9.9b€10.8b€743.5m11.4x13.3x0.9x
Mon, 06 Jan 2025€10.4b€10.8b€743.5m11.8x14x1x
Wed, 04 Dec 2024€10.3b€10.8b€743.5m11.9x13.8x0.9x
Fri, 01 Nov 2024€10.1b€10.8b€743.5m11.8x13.6x0.9x
Sun, 29 Sep 2024€10.5b€10.8b€743.5m12.6x14.1x1x
Tue, 27 Aug 2024€10.1b€10.0b€609.1m11.2x16.6x1x
Thu, 25 Jul 2024€10.2b€10.0b€609.1m11.2x16.8x1x
Sat, 22 Jun 2024€9.8b€10.0b€609.8m13.4x16.2x1x
Mon, 20 May 2024€10.2b€10.2b€618.0m11.7x16.5x1x
Wed, 17 Apr 2024€9.2b€10.2b€618.0m10.7x14.9x0.9x
Fri, 15 Mar 2024€9.2b€10.2b€614.9m10.5x15x0.9x
Sun, 11 Feb 2024€8.5b€9.2b€772.0m8.4x11.1x0.9x
Tue, 09 Jan 2024€8.5b€9.2b€772.0m8.3x11x0.9x
Thu, 07 Dec 2023€8.0b€9.2b€772.0m7.9x10.3x0.9x
Sat, 04 Nov 2023€7.4b€8.9b€763.8m7.9x9.7x0.8x
Mon, 02 Oct 2023€7.7b€8.9b€763.8m7.9x10.1x0.9x
Wed, 30 Aug 2023€8.5b€8.4b€874.7m8.5x9.7x1x
Fri, 28 Jul 2023€8.6b€8.4b€874.0m7.9x9.9x1x
Sun, 25 Jun 2023€8.5b€8.4b€875.7m8.3x9.7x1x
Tue, 23 May 2023€8.9b€8.4b€874.0m8x10.2x1.1x
Thu, 20 Apr 2023€8.6b€8.4b€874.0m7.9x9.9x1x
Sat, 18 Mar 2023€8.1b€8.4b€877.7m7.4x9.2x1x
Mon, 13 Feb 2023€8.7b€8.5b€693.5m9.2x12.5x1x
Wed, 11 Jan 2023€9.0b€8.5b€693.5m9.2x13x1.1x
Price to Earnings Ratio

13x


Total Market Cap: €9.0bTotal Earnings: €693.5mTotal Revenue: €8.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Construction Industry Price to Earnings3Y Average 12.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Belgian Construction 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 12.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 9.6% per year over the last three years.
  • Revenues for these companies have grown 12% 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 industry?

BE Market0.99%
Industrials1.59%
Construction1.41%
Construction and Engineering1.41%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DEME DEME Group€142.802.6%
+€90.9m
-1.9%PE11.1x
ACKB Ackermans & Van Haaren€232.600.9%
+€65.5m
20.0%PE14.3x
MOUR Moury Construct€578.003.2%
+€7.1m
14.5%PE9x