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Belgian (BEL20) Chemicals Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D0.7%
  • 3M-13.4%
  • 1Y8.7%
  • YTD4.9%

Over the last 7 days, the Chemicals industry has dropped 2.5%, driven by a pullback from Solvay of 4.0%. This takes the industry's 12 month performance to a gain of 9.8%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021€25.7b€37.1b€1.4b14.6x
Tue, 02 Nov 2021€27.5b€37.1b€1.4b14.3x
Thu, 30 Sep 2021€28.3b€36.5b€1.4b15.4x
Sat, 28 Aug 2021€30.5b€36.5b€1.4b16.5x
Sun, 04 Jul 2021€28.3b€36.5b€1.4b16.1x
Wed, 07 Apr 2021€24.2b€34.4b-€764,081,053.0026.8x
Sat, 09 Jan 2021€21.5b€33.0b-€898,965,553.0014.2x
Fri, 02 Oct 2020€18.0b€32.8b-€922,574,731.0043.9x
Mon, 06 Jul 2020€19.1b€33.1b-€1,512,866,731.0040.2x
Thu, 09 Apr 2020€15.9b€32.5b€245.8m26.4x
Wed, 01 Jan 2020€25.5b€31.6b€314.5m36.2x
Sat, 05 Oct 2019€22.4b€30.7b€694.1m22x
Tue, 09 Jul 2019€20.5b€29.7b€1.5b15.9x
Mon, 01 Apr 2019€23.8b€28.9b€1.5b14.1x
Thu, 03 Jan 2019€21.4b€28.2b€1.4b13.5x
PE Ratio


Total Market Cap: €21.4bTotal Earnings: €1.4bTotal Revenue: €28.2b0%0%0%3 Year10 Year

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 14.5x which is lower than its 3-year average PE of 24.3x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Chemicals industry have remained mostly flat over the last three years, while revenues for these companies have grown 11% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Belgian Chemicals industry?

Fertilizers and Agricultural Chemicals1.74%
Specialty Chemicals1.41%
Diversified Chemicals0.59%
Commodity Chemicals-1.23%

Industry PE: Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 25.6x. This is likely because analysts are expecting annual earnings growth of 24% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Specialty Chemicals industry, which is trading below its 3-year average of 38.9x.

Forecasted Growth: Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 24% over the next 5 years. Meanwhile, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 18% per year over the next few years.

Top Stock Gainers and Losers

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

UMI Umicore1.4%+€144.7m16.8%PE23.7x
SOLB Solvay0.7%+€73.2m2.8%PE16x
BTLS Biotalys1.7%+€3.7mn/aPS24.4x
REAL Realco3.4%+€321.8k-27.6%PE5x
ENGB Rosier1.6%+€255.0k-25.9%PS0.08x
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