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Belgian (BEL20) Real Estate Industry Analysis

UpdatedJun 14, 2024
DataAggregated Company Financials
Companies16
  • 7D-4.7%
  • 3M2.4%
  • 1Y-20.2%
  • YTD-5.4%

Over the last 7 days, the Real Estate industry has dropped 4.7%, driven by VGP declining 1.6%. Overall the industry is down 20% in 12 months. Earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Jun 2024€3.7b€483.0m-€12,511,469.0012.8x-298.8x7.7x
Mon, 13 May 2024€3.9b€483.4m-€12,511,469.0013.1x-309.7x8x
Wed, 10 Apr 2024€3.7b€483.6m-€16,109,469.0011x-232.4x7.7x
Fri, 08 Mar 2024€3.6b€548.8m€25.6m10.5x142.5x6.6x
Sun, 04 Feb 2024€3.9b€462.5m-€275,308,486.0011.1x-14x8.3x
Tue, 02 Jan 2024€3.6b€462.5m-€275,274,486.0011.5x-13x7.8x
Thu, 30 Nov 2023€6.7b€810.6m€249.4m6.7x26.9x8.3x
Sat, 28 Oct 2023€5.9b€810.6m€249.4m6.4x23.5x7.2x
Mon, 25 Sep 2023€6.6b€810.5m€249.3m6.7x26.7x8.2x
Wed, 23 Aug 2023€6.8b€880.0m€389.1m14.5x17.5x7.7x
Fri, 21 Jul 2023€7.1b€847.6m€502.3m19.8x14.2x8.4x
Sun, 18 Jun 2023€7.5b€847.8m€502.5m20.7x14.9x8.8x
Tue, 16 May 2023€7.8b€858.3m€505.9m19.1x15.4x9.1x
Thu, 13 Apr 2023€7.8b€862.8m€515.6m18.5x15.2x9.1x
Sat, 11 Mar 2023€7.3b€946.5m€690.8m12.7x10.5x7.7x
Mon, 06 Feb 2023€8.1b€964.1m€1.5b5.7x5.5x8.4x
Wed, 04 Jan 2023€7.5b€964.1m€1.5b5.7x5.1x7.7x
Fri, 02 Dec 2022€7.1b€964.1m€1.5b5.4x4.9x7.4x
Sun, 30 Oct 2022€6.8b€964.1m€1.5b5.4x4.7x7.1x
Tue, 27 Sep 2022€7.0b€964.0m€1.5b5.2x4.8x7.2x
Thu, 25 Aug 2022€9.4b€1.1b€1.5b6.3x6.1x8.4x
Sat, 23 Jul 2022€9.2b€1.1b€1.3b6.1x7x8.3x
Mon, 20 Jun 2022€9.3b€1.1b€1.3b6.7x7x8.4x
Wed, 18 May 2022€9.8b€1.1b€1.3b7.1x7.5x8.9x
Fri, 15 Apr 2022€12.2b€1.3b€1.3b8.5x9.6x9.6x
Sun, 13 Mar 2022€11.1b€1.2b€1.2b10.6x8.9x9x
Tue, 08 Feb 2022€11.1b€947.6m€778.6m13.4x14.3x11.8x
Thu, 06 Jan 2022€12.1b€946.2m€778.5m14.4x15.5x12.8x
Sat, 04 Dec 2021€11.6b€947.6m€778.4m15.7x14.9x12.3x
Mon, 01 Nov 2021€11.0b€947.1m€783.2m13.6x14.1x11.6x
Wed, 29 Sep 2021€10.0b€947.1m€783.2m13.3x12.7x10.5x
Fri, 27 Aug 2021€10.2b€949.7m€784.1m11.9x13x10.7x
Sat, 03 Jul 2021€8.7b€949.7m€784.1m11.8x11.1x9.2x
Price to Earnings Ratio

11.1x


Total Market Cap: €8.7bTotal Earnings: €784.1mTotal Revenue: €949.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Real Estate Industry Price to Earnings3Y Average -16x202220232024
Current Industry PE
  • Investors are pessimistic on the Belgian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 8.9x is higher than the industry's current PS ratio of 7.7x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 20% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Belgian Real Estate industry?

BE Market-1.93%
Real Estate-4.57%
Real Estate-4.70%
Diversified Real Estate1.05%
Real Estate Services0%
Real Estate Operating Companies-4.69%
Real Estate Development-5.15%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 26.2x.
    • Analysts are expecting annual earnings growth of 38.7%, which is lower than the prior year's growth of 44.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 93% over the next 5 years.
  • This is better than its past earnings decline of 57% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 39% 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
IEP Iep Invest€5.652.7%
+€1.4m
6.6%PE40.1x
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Latest News

INCLU

€14.20

Inclusio

7D

-0.4%

1Y

-2.1%

IMMO

€25.80

Immobel

7D

-2.1%

1Y

-34.0%

VGP

€101.00

VGP

7D

-1.6%

1Y

8.7%

SOFT

€0.97

Softimat

7D

-11.8%

1Y

-50.3%

IEP

€5.65

Iep Invest

7D

2.7%

1Y

6.6%

ZEN

€185.00

Immo-Zenobe Gramme

7D

-5.1%

1Y

n/a

BANI

€3.16

Banimmo

7D

-1.3%

1Y

-16.8%

ATEB

€5.90

Atenor

7D

-2.8%

1Y

-79.1%

BAS

€10.30

Basilix Cert

7D

-9.6%

1Y

-14.2%