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Belgian (BEL20) Materials Sector Analysis

UpdatedFeb 05, 2026
DataAggregated Company Financials
Companies15
  • 7D2.3%
  • 3M13.9%
  • 1Y22.8%
  • YTD5.8%

Over the last 7 days, the Materials industry has remained flat, although notably Syensqo gained 3.8%. The past year has been better, since the industry has gained 18% in that time. Earnings are forecast to grow by 34% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Feb 2026€26.7b€43.8b€788.5m18.6x33.8x0.6x
Sat, 03 Jan 2026€25.2b€43.8b€788.5m17.8x32x0.6x
Mon, 01 Dec 2025€23.6b€43.8b€788.5m16.3x29.9x0.5x
Wed, 29 Oct 2025€23.6b€44.3b€776.6m17.5x30.4x0.5x
Fri, 26 Sep 2025€22.7b€44.0b€734.8m17.3x30.9x0.5x
Sun, 24 Aug 2025€23.8b€43.7b€782.5m16.3x30.4x0.5x
Tue, 22 Jul 2025€23.0b€42.7b-€675,530,335.0016.4x-34.1x0.5x
Thu, 19 Jun 2025€21.5b€42.7b-€675,530,335.0014.8x-31.8x0.5x
Sat, 17 May 2025€20.4b€42.6b-€702,781,627.0013.9x-29x0.5x
Mon, 14 Apr 2025€19.0b€42.4b-€649,093,627.0014.6x-29.3x0.4x
Wed, 12 Mar 2025€21.9b€42.3b-€548,118,627.0015.6x-39.9x0.5x
Fri, 07 Feb 2025€23.3b€43.3b-€702,975,627.0014.3x-33.1x0.5x
Sun, 05 Jan 2025€21.9b€43.3b-€702,975,627.0013x-31.1x0.5x
Tue, 03 Dec 2024€22.5b€43.3b-€706,865,317.0015.3x-31.9x0.5x
Thu, 31 Oct 2024€16.0b€36.5b-€549,052,317.0017.1x-29.2x0.4x
Sat, 28 Sep 2024€24.8b€43.3b-€527,052,317.0017.5x-47.1x0.6x
Mon, 26 Aug 2024€23.4b€43.2b-€606,527,317.0016.8x-38.6x0.5x
Wed, 24 Jul 2024€26.2b€46.7b€1.2b18.3x21.9x0.6x
Fri, 21 Jun 2024€27.2b€47.1b€1.5b17.8x18.4x0.6x
Sun, 19 May 2024€29.7b€47.5b€1.2b17.4x23.8x0.6x
Tue, 16 Apr 2024€28.8b€47.8b€1.5b17.4x19.2x0.6x
Thu, 14 Mar 2024€27.2b€47.7b€1.5b12.8x17.7x0.6x
Sat, 10 Feb 2024€27.4b€62.4b€3.3b11.7x8.2x0.4x
Mon, 08 Jan 2024€30.2b€62.4b€3.3b12.1x9.1x0.5x
Wed, 06 Dec 2023€28.3b€55.0b€2.6b11.6x11x0.5x
Fri, 03 Nov 2023€26.8b€56.4b€2.8b11.6x9.7x0.5x
Sun, 01 Oct 2023€27.2b€56.4b€2.8b12x9.9x0.5x
Tue, 29 Aug 2023€27.9b€56.6b€2.9b12.1x9.7x0.5x
Thu, 27 Jul 2023€29.9b€60.2b€3.8b9x7.8x0.5x
Sat, 24 Jun 2023€28.1b€60.2b€3.8b7.7x7.3x0.5x
Mon, 22 May 2023€29.0b€60.2b€3.9b7.1x7.5x0.5x
Wed, 19 Apr 2023€30.6b€60.2b€4.0b7.3x7.7x0.5x
Fri, 17 Mar 2023€28.6b€59.2b€4.0b6.8x7.2x0.5x
Sun, 12 Feb 2023€31.0b€58.2b€3.9b6x7.8x0.5x
Price to Earnings Ratio

7.8x


Total Market Cap: €31.0bTotal Earnings: €3.9bTotal Revenue: €58.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Materials Sector Price to Earnings3Y Average -0.6x202420252026
Current Industry PE
  • Investors are optimistic on the Belgian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.9x which is higher than its 3-year average PE of -0.60x.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 42% per year over the last three years,
  • Revenues have also declined 9.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Belgian Materials sector?

BE Market3.76%
Materials2.26%
Chemicals2.60%
Metals and Mining1.40%
Basic Materials0%0
Packaging0%0
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 11.4x.
    • Analysts are expecting annual earnings growth of 36.6%, which is higher than its past year's earnings growth of 23.7% per year.
  • Investors are most pessimistic about the Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Metals and Mining industry is expected to see its earnings grow by 13% 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
SYENS Syensqo€77.787.6%
+€562.8m
1.9%PS1.2x
SOLB Solvay€26.685.1%
+€135.8m
-7.1%PE18.1x
VIO Viohalco€13.583.5%
+€119.2m
140.8%PE19.1x
TESB Tessenderlo Group€28.103.1%
+€50.3m
36.1%PS0.6x
BEKB NV Bekaert€42.552.4%
+€47.5m
27.9%PE12.1x

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