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Belgian (BEL20) Chemicals Industry Analysis
UpdatedNov 11, 2025
DataAggregated Company Financials
Companies9
- 7D-0.4%
- 3M-1.0%
- 1Y-2.1%
- YTD8.0%
Over the last 7 days, the Chemicals industry has dropped 1.7%, driven by Syensqo declining 3.2%. Overall the industry is down 3.2% in 12 months. As for the next few years, earnings are expected to grow by 40% per annum.
Industry Valuation and Performance
Has the Belgian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Nov 2025 | €17.6b | €30.3b | €320.0m | 24.6x | 54.9x | 0.6x |
| Thu, 09 Oct 2025 | €17.1b | €30.5b | €265.0m | 25.2x | 64.6x | 0.6x |
| Sat, 06 Sep 2025 | €17.4b | €30.5b | €266.6m | 22.8x | 65.3x | 0.6x |
| Mon, 04 Aug 2025 | €17.0b | €30.4b | €336.5m | 25x | 50.5x | 0.6x |
| Wed, 02 Jul 2025 | €16.4b | €29.4b | -€1,256,412,335.00 | 26.7x | -13x | 0.6x |
| Fri, 30 May 2025 | €15.9b | €29.4b | -€1,256,412,333.00 | 27.9x | -12.7x | 0.5x |
| Sun, 27 Apr 2025 | €15.3b | €29.5b | -€1,127,309,627.00 | 25.6x | -13.5x | 0.5x |
| Tue, 25 Mar 2025 | €16.2b | €29.5b | -€1,080,609,627.00 | 17.7x | -15x | 0.5x |
| Thu, 20 Feb 2025 | €18.0b | €29.6b | -€1,424,132,627.00 | 17.1x | -12.6x | 0.6x |
| Sat, 18 Jan 2025 | €17.1b | €30.4b | -€1,254,357,627.00 | 17.5x | -13.6x | 0.6x |
| Mon, 16 Dec 2024 | €17.3b | €30.4b | -€1,254,357,627.00 | 17.2x | -13.8x | 0.6x |
| Wed, 13 Nov 2024 | €9.5b | €23.6b | -€1,173,357,627.00 | 16.8x | -8.1x | 0.4x |
| Fri, 11 Oct 2024 | €10.4b | €23.8b | -€1,091,357,627.00 | 26.7x | -9.5x | 0.4x |
| Sun, 08 Sep 2024 | €16.9b | €30.5b | -€1,069,357,627.00 | 37.2x | -15.8x | 0.6x |
| Tue, 06 Aug 2024 | €17.5b | €30.8b | -€1,053,532,627.00 | 37.2x | -16.6x | 0.6x |
| Thu, 04 Jul 2024 | €20.5b | €33.7b | €736.7m | 23.3x | 27.8x | 0.6x |
| Sat, 01 Jun 2024 | €22.2b | €34.4b | €782.0m | 19.6x | 28.4x | 0.6x |
| Mon, 29 Apr 2024 | €21.7b | €34.7b | €1.0b | 18.3x | 20.9x | 0.6x |
| Wed, 27 Mar 2024 | €20.7b | €34.7b | €1.1b | 12.6x | 19.4x | 0.6x |
| Fri, 23 Feb 2024 | €20.2b | €43.5b | €2.7b | 11.6x | 7.4x | 0.5x |
| Sun, 21 Jan 2024 | €20.2b | €47.8b | €2.8b | 10.8x | 7.1x | 0.4x |
| Tue, 19 Dec 2023 | €23.7b | €40.4b | €2.1b | 12.1x | 11.5x | 0.6x |
| Thu, 16 Nov 2023 | €21.7b | €40.4b | €2.1b | 11.7x | 10.5x | 0.5x |
| Sat, 14 Oct 2023 | €20.7b | €41.8b | €2.3b | 10.9x | 9x | 0.5x |
| Mon, 11 Sep 2023 | €21.7b | €41.8b | €2.3b | 11.6x | 9.4x | 0.5x |
| Wed, 09 Aug 2023 | €22.9b | €41.5b | €2.4b | 12.2x | 9.5x | 0.6x |
| Fri, 07 Jul 2023 | €22.0b | €45.2b | €3.2b | 10.5x | 6.9x | 0.5x |
| Sun, 04 Jun 2023 | €23.0b | €45.2b | €3.2b | 8.5x | 7.2x | 0.5x |
| Tue, 02 May 2023 | €24.3b | €45.3b | €3.3b | 8.6x | 7.4x | 0.5x |
| Thu, 30 Mar 2023 | €23.8b | €45.1b | €3.2b | 8.1x | 7.3x | 0.5x |
| Sat, 25 Feb 2023 | €24.7b | €45.5b | €3.3b | 8.1x | 7.5x | 0.5x |
| Mon, 23 Jan 2023 | €25.2b | €44.7b | €3.2b | 8.3x | 7.9x | 0.6x |
| Wed, 21 Dec 2022 | €22.7b | €44.7b | €3.2b | 5.4x | 7.1x | 0.5x |
| Fri, 18 Nov 2022 | €22.7b | €44.7b | €3.2b | 5.3x | 7.1x | 0.5x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are optimistic on the Belgian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 54.4x which is higher than its 3-year average PE of 7.7x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 54% per year over the last three years,
- Revenues have also declined 12% 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 industry?
| BE Market | 1.57% | |
| Materials | 0.11% | |
| Chemicals | -0.35% | |
| Diversified Chemicals | 1.48% | |
| Industrial Gases | 0% | 0 |
| Specialty Chemicals | -0.57% | |
| Commodity Chemicals | -2.78% | |
| Fertilizers and Agricultural Chemicals | -5.10% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 30.7x.
- Analysts are expecting annual earnings growth of 44.9%, which is higher than its past year's earnings decline of 39.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 7.3% 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 | |
|---|---|---|---|---|---|
| SOLB Solvay | €26.86 | 3.5% +€96.1m | -18.9% | PE18.2x | |
| UMI Umicore | €16.64 | 1.2% +€45.7m | 53.4% | PE31.1x |
