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Belgian (BEL20) Metals and Mining Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies5
  • 7D7.0%
  • 3M3.7%
  • 1Y57.8%
  • YTD3.7%

The Metals and Mining industry is up 7.0% in the last week, with Viohalco up 12%. This means that the industry has gained 58% over the past year. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

Has the Belgian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026€7.5b€13.9b€505.7m12.7x14.9x0.5x
Tue, 10 Mar 2026€7.4b€13.8b€413.6m20.6x17.9x0.5x
Thu, 05 Feb 2026€7.5b€13.5b€468.6m15.6x16.1x0.6x
Sat, 03 Jan 2026€7.3b€13.5b€468.6m14x15.5x0.5x
Mon, 01 Dec 2025€6.3b€13.5b€468.6m12.3x13.5x0.5x
Wed, 29 Oct 2025€6.0b€13.8b€511.6m9.9x11.7x0.4x
Fri, 26 Sep 2025€5.9b€13.5b€469.8m10.8x12.6x0.4x
Sun, 24 Aug 2025€5.6b€13.2b€515.9m11.7x10.9x0.4x
Tue, 22 Jul 2025€5.6b€13.3b€580.9m10.8x9.7x0.4x
Thu, 19 Jun 2025€5.1b€13.3b€580.9m10.2x8.9x0.4x
Sat, 17 May 2025€5.1b€13.2b€553.5m10.6x9.2x0.4x
Mon, 14 Apr 2025€4.9b€12.9b€478.2m11.8x10.2x0.4x
Wed, 12 Mar 2025€5.7b€12.7b€535.7m12.7x10.6x0.4x
Fri, 07 Feb 2025€5.6b€12.9b€551.4m11.8x10.2x0.4x
Sun, 05 Jan 2025€5.6b€12.9b€551.4m11.6x10.1x0.4x
Tue, 03 Dec 2024€5.4b€12.9b€551.4m9.9x9.7x0.4x
Thu, 31 Oct 2024€5.6b€12.7b€546.2m10.3x10.3x0.4x
Sat, 28 Sep 2024€6.2b€12.7b€546.2m10.5x11.3x0.5x
Mon, 26 Aug 2024€6.2b€12.7b€466.7m12.8x13.2x0.5x
Wed, 24 Jul 2024€6.3b€12.9b€466.7m12.5x13.4x0.5x
Fri, 21 Jun 2024€6.4b€12.9b€466.7m12.8x13.6x0.5x
Sun, 19 May 2024€6.7b€13.1b€471.8m13.2x14.2x0.5x
Tue, 16 Apr 2024€6.6b€13.1b€470.5m13.6x14.1x0.5x
Thu, 14 Mar 2024€7.2b€13.1b€469.2m15.2x15.4x0.6x
Sat, 10 Feb 2024€7.1b€14.5b€501.8m12.8x14.2x0.5x
Mon, 08 Jan 2024€6.8b€14.5b€501.8m11.6x13.5x0.5x
Wed, 06 Dec 2023€6.1b€14.5b€503.1m11.2x12.1x0.4x
Fri, 03 Nov 2023€5.7b€14.6b€461.6m12.4x12.3x0.4x
Sun, 01 Oct 2023€6.0b€14.6b€461.6m13x12.9x0.4x
Tue, 29 Aug 2023€6.4b€14.8b€566.0m10.4x11.4x0.4x
Thu, 27 Jul 2023€6.4b€15.0b€634.8m8.6x10.1x0.4x
Sat, 24 Jun 2023€5.8b€15.0b€634.8m7.7x9.2x0.4x
Mon, 22 May 2023€5.6b€14.9b€681.3m7.1x8.1x0.4x
Wed, 19 Apr 2023€5.7b€14.9b€681.3m7.3x8.4x0.4x
Price to Earnings Ratio

8.4x


Total Market Cap: €5.7bTotal Earnings: €681.3mTotal Revenue: €14.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Metals and Mining Industry Price to Earnings3Y Average 11.9x202420252026
Current Industry PE
  • Investors are optimistic on the Belgian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.9x which is higher than its 3-year average PE of 11.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 9.5% per year over the last three years,
  • Revenues have also declined 2.2% 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 Market3.97%
Materials7.56%
Metals and Mining7.03%
Diversified Metals and Mining7.41%
Steel6.03%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 10.1x.
    • Analysts are expecting annual earnings growth of 34.9%, which is higher than its past year's earnings decline of 71.8% per year.
  • Investors are most pessimistic about the Diversified Metals and Mining industry, which is trading below its 3-year average of 13.9x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 72% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 35% 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
VIO Viohalco€14.3212.1%
+€399.2m
188.1%PE15.8x
BEKB NV Bekaert€42.156.0%
+€117.5m
36.0%PE30.6x
CAMB Campine€220.0011.1%
+€33.0m
42.9%PE5.8x
NYR Nyrstar€0.0922.9%
+€285.7k
60.6%PE-4.4x