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Belgian (BEL20) Real Estate Operating Companies Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies9
  • 7D-0.05%
  • 3M10.8%
  • 1Y-2.8%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has remained flat, although notably Atenor declined by 4.5%. As for the longer term, the industry has declined 3.9% in the last year. Looking forward, earnings are forecast to grow by 7.1% annually.

Industry Valuation and Performance

Has the Belgian Real Estate Operating Companies Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Sep 2025€3.1b€474.9m€287.7m16.9x10.9x6.6x
Sun, 24 Aug 2025€3.3b€543.7m€317.4m16.5x10.4x6.1x
Tue, 22 Jul 2025€3.1b€534.0m€278.4m16.8x11.1x5.8x
Thu, 19 Jun 2025€2.8b€534.0m€278.4m15.3x10.2x5.3x
Sat, 17 May 2025€2.8b€534.5m€278.8m15.3x9.9x5.2x
Mon, 14 Apr 2025€2.5b€533.8m€294.0m14.6x8.4x4.6x
Wed, 12 Mar 2025€2.7b€704.5m€298.8m12x8.9x3.8x
Fri, 07 Feb 2025€2.7b€465.5m€185.0m11.3x14.6x5.8x
Sun, 05 Jan 2025€2.5b€465.5m€185.0m10.7x13.5x5.4x
Tue, 03 Dec 2024€2.7b€416.0m€76.2m17.3x34.8x6.4x
Thu, 31 Oct 2024€2.7b€464.6m€183.1m11.1x14.9x5.9x
Sat, 28 Sep 2024€3.2b€464.0m€181.8m13.3x17.6x6.9x
Mon, 26 Aug 2024€3.2b€299.5m€20.7m13.6x156.7x10.8x
Wed, 24 Jul 2024€3.4b€299.5m€20.7m14.3x165.9x11.5x
Fri, 21 Jun 2024€3.4b€299.5m€20.7m13.6x164.2x11.3x
Sun, 19 May 2024€3.7b€299.5m€20.7m14.6x178.2x12.3x
Tue, 16 Apr 2024€3.4b€299.9m€17.1m12.8x197.8x11.3x
Thu, 14 Mar 2024€3.3b€299.9m€17.1m12.5x195.2x11.1x
Sat, 10 Feb 2024€3.5b€230.7m-€284,288,144.0016.1x-12.4x15.3x
Mon, 08 Jan 2024€3.1b€230.6m-€284,254,144.0016.1x-11.1x13.6x
Wed, 06 Dec 2023€3.0b€230.6m-€284,254,144.0016.6x-10.7x13.2x
Fri, 03 Nov 2023€6.1b€578.7m€240.4m11.5x25.2x10.5x
Sun, 01 Oct 2023€6.2b€578.7m€240.4m11.6x25.7x10.7x
Tue, 29 Aug 2023€6.6b€576.1m€245.4m10.7x27.1x11.5x
Thu, 27 Jul 2023€7.0b€568.6m€480.5m14.8x14.6x12.3x
Sat, 24 Jun 2023€6.7b€568.6m€480.7m16.1x14x11.8x
Mon, 22 May 2023€7.2b€568.6m€480.7m16.6x15x12.7x
Wed, 19 Apr 2023€7.3b€575.8m€491.7m11.6x14.9x12.8x
Fri, 17 Mar 2023€7.2b€594.7m€490.3m12.7x14.7x12.1x
Sun, 12 Feb 2023€7.4b€585.5m€1.4b5x5.4x12.6x
Tue, 10 Jan 2023€7.1b€585.5m€1.4b5x5.2x12x
Thu, 08 Dec 2022€6.6b€585.8m€1.4b4.9x4.8x11.2x
Sat, 05 Nov 2022€6.3b€585.5m€1.4b5.2x4.6x10.7x
Mon, 03 Oct 2022€6.5b€585.5m€1.4b5.3x4.8x11.2x
Price to Earnings Ratio

4.8x


Total Market Cap: €6.5bTotal Earnings: €1.4bTotal Revenue: €585.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Real Estate Operating Companies Industry Price to Earnings3Y Average 37.3x202320242025
Current Industry PE
  • Investors are pessimistic on the Belgian Real Estate Operating Companies industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 37.2x.
  • The 3-year average PS ratio of 9.7x is higher than the industry's current PS ratio of 6.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have declined 41% per year over the last three years,
  • Revenues have also declined 6.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Belgian Real Estate Operating Companies compare with similar industries?

BE Market-0.045%
Real Estate-1.06%
Real Estate-0.10%
Real Estate Operating Companies-0.052%
Diversified Real Estate0.88%
Real Estate Services0%0
Real Estate Development-0.76%
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
BANI Banimmo€3.140.6%
+€225.0k
-2.5%PS4.9x