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Belgian (BEL20) Real Estate Operating Companies Industry Analysis

UpdatedJun 01, 2025
DataAggregated Company Financials
Companies9
  • 7D6.6%
  • 3M6.3%
  • 1Y-21.3%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has risen 6.6%, driven by gains from VGP of 7.8%. In the past year, the industry is down 21%. As for the next few years, earnings are expected to grow by 9.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Jun 2025€2.9b€534.0m€278.4m15.4x10.3x5.4x
Tue, 29 Apr 2025€2.7b€534.2m€278.9m15.2x9.7x5x
Thu, 27 Mar 2025€2.7b€704.3m€298.8m12x8.9x3.8x
Sat, 22 Feb 2025€2.7b€376.8m€277.8m9.9x9.6x7.1x
Mon, 20 Jan 2025€2.6b€465.5m€185.0m10.6x13.9x5.5x
Wed, 18 Dec 2024€2.5b€464.6m€183.1m10.4x13.5x5.3x
Fri, 15 Nov 2024€2.7b€464.6m€183.1m11.1x14.8x5.8x
Sun, 13 Oct 2024€3.1b€464.6m€183.1m12.7x16.7x6.6x
Tue, 10 Sep 2024€3.1b€462.8m€181.3m13x17.3x6.8x
Thu, 08 Aug 2024€3.2b€299.5m€20.7m14.1x156.7x10.8x
Sat, 06 Jul 2024€3.4b€299.5m€20.7m14.3x166x11.5x
Mon, 03 Jun 2024€3.5b€299.5m€20.7m13.8x170.2x11.8x
Wed, 01 May 2024€3.4b€299.9m€20.7m14.3x165.5x11.4x
Fri, 29 Mar 2024€3.5b€299.9m€17.1m12.4x206.9x11.8x
Sun, 25 Feb 2024€3.5b€230.7m-€284,288,144.0015.5x-12.4x15.3x
Tue, 23 Jan 2024€3.2b€230.7m-€284,288,144.0016.3x-11.4x14x
Thu, 21 Dec 2023€3.3b€230.6m-€284,254,144.0016.4x-11.6x14.3x
Sat, 18 Nov 2023€6.2b€578.7m€240.4m11.8x25.9x10.8x
Mon, 16 Oct 2023€6.0b€578.7m€240.4m11.3x24.8x10.3x
Wed, 13 Sep 2023€6.4b€578.7m€240.3m11.8x26.7x11.1x
Fri, 11 Aug 2023€7.1b€568.6m€480.5m14.3x14.7x12.4x
Sun, 09 Jul 2023€6.8b€568.6m€480.7m14.9x14.2x12x
Tue, 06 Jun 2023€7.2b€568.6m€480.7m16.5x14.9x12.6x
Thu, 04 May 2023€7.3b€568.6m€480.7m15.3x15.2x12.9x
Sat, 01 Apr 2023€6.8b€573.4m€490.3m12.7x14x11.9x
Mon, 27 Feb 2023€7.2b€579.1m€1.4b5.7x5.3x12.5x
Wed, 25 Jan 2023€7.2b€585.5m€1.4b5.1x5.3x12.4x
Fri, 23 Dec 2022€6.6b€585.5m€1.4b4.8x4.8x11.2x
Sun, 20 Nov 2022€6.3b€585.5m€1.4b5x4.6x10.8x
Tue, 18 Oct 2022€5.7b€585.5m€1.4b4.9x4.2x9.8x
Thu, 15 Sep 2022€7.5b€597.4m€1.4b7x5.5x12.6x
Sat, 13 Aug 2022€9.5b€668.5m€1.2b8.4x7.9x14.2x
Mon, 11 Jul 2022€8.5b€668.5m€1.2b7.9x7x12.6x
Wed, 08 Jun 2022€9.5b€668.5m€1.2b8.5x7.8x14.1x
Price to Earnings Ratio

7.8x


Total Market Cap: €9.5bTotal Earnings: €1.2bTotal Revenue: €668.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Real Estate Operating Companies Industry Price to Earnings3Y Average 36.8x202320242025
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 10.3x which is lower than its 3-year average PE of 36.8x.
  • The 3-year average PS ratio of 10.4x is higher than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have declined 39% per year over the last three years,
  • Revenues have also declined 7.2% 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 Market0.93%
Real Estate3.41%
Real Estate6.18%
Real Estate Operating Companies6.59%
Diversified Real Estate3.18%
Real Estate Development0.55%
Real Estate Services0%0
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
VGP VGP€84.307.8%
+€166.5m
-20.5%PE8x
INCLU Inclusio€17.508.0%
+€9.6m
28.7%PE6.7x
ATEB Atenor€2.821.4%
+€2.4m
-54.1%PS0.5x
SOFT Softimat€1.1614.9%
+€552.5k
19.6%PS5.8x
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Latest News

TEXF

€34.00

Texaf

7D

-1.2%

1Y

-7.1%

SOFT

€1.16

Softimat

7D

14.9%

1Y

19.6%

INCLU

€17.50

Inclusio

7D

8.0%

1Y

28.7%

ATEB

€2.82

Atenor

7D

1.4%

1Y

-54.1%

VGP

€84.30

VGP

7D

7.8%

1Y

-20.5%

IEP

€5.20

Iep Invest

7D

-1.0%

1Y

-5.5%