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Belgian (BEL20) REITS Industry Analysis

UpdatedJul 16, 2025
DataAggregated Company Financials
Companies3
  • 7D-0.3%
  • 3M4.7%
  • 1Y-1.8%
  • YTD-1.5%

Over the last 7 days, the REITS industry has risen 1.0%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Jul 2025€568.9m€154.0m-€187,677.0012.1x-3031.4x3.7x
Fri, 13 Jun 2025€573.8m€154.0m-€187,677.0012x-3057.4x3.7x
Sun, 11 May 2025€546.5m€152.9m-€4,198,807.0019.8x-130.1x3.6x
Tue, 08 Apr 2025€511.8m€149.6m-€187,677.0011.9x-2727.3x3.4x
Thu, 06 Mar 2025€529.6m€152.5m€28.1m18.9x18.9x3.5x
Sat, 01 Feb 2025€542.1m€152.5m€28.1m19x19.3x3.6x
Mon, 30 Dec 2024€561.9m€152.5m€28.1m19.6x20x3.7x
Wed, 27 Nov 2024€539.9m€152.5m€28.1m19.1x19.2x3.5x
Fri, 25 Oct 2024€573.9m€152.5m€28.1m20.2x20.4x3.8x
Sun, 22 Sep 2024€590.5m€150.5m€30.1m18.1x19.6x3.9x
Tue, 20 Aug 2024€577.1m€150.5m€30.1m17.9x19.2x3.8x
Thu, 18 Jul 2024€582.4m€146.0m€33.2m16.6x17.6x4x
Sat, 15 Jun 2024€587.1m€146.0m€33.2m16.7x17.7x4x
Mon, 13 May 2024€612.5m€146.0m€33.2m16.7x18.5x4.2x
Wed, 10 Apr 2024€595.2m€146.0m€33.2m16.5x18x4.1x
Fri, 08 Mar 2024€555.7m€144.6m€35.9m13.7x15.5x3.8x
Sun, 04 Feb 2024€1.8b€312.5m€195.5m9.9x9.3x5.8x
Tue, 02 Jan 2024€1.9b€312.5m€195.5m9.9x9.5x5.9x
Thu, 30 Nov 2023€1.9b€312.5m€195.5m9.6x9.5x6x
Sat, 28 Oct 2023€1.8b€312.5m€195.5m9.1x9.3x5.8x
Mon, 25 Sep 2023€1.8b€311.5m€196.2m8.3x9.2x5.8x
Wed, 23 Aug 2023€1.8b€311.5m€196.2m9.1x9.2x5.8x
Fri, 21 Jul 2023€1.8b€315.2m€214.2m6.9x8.6x5.8x
Sun, 18 Jun 2023€1.8b€315.2m€214.2m7.1x8.5x5.8x
Tue, 16 May 2023€1.9b€315.2m€214.2m7.2x8.7x5.9x
Thu, 13 Apr 2023€1.8b€315.2m€214.2m7.5x8.5x5.8x
Sat, 11 Mar 2023€18.4b€2.0b€2.3b6.9x7.9x9.4x
Mon, 06 Feb 2023€19.6b€1.9b€2.8b6.8x7.1x10.1x
Wed, 04 Jan 2023€18.2b€1.9b€3.3b6.2x5.6x9.6x
Fri, 02 Dec 2022€17.5b€1.9b€3.3b6x5.3x9.2x
Sun, 30 Oct 2022€17.8b€1.9b€3.1b6.5x5.7x9.5x
Tue, 27 Sep 2022€17.2b€1.9b€3.2b6.1x5.3x9.1x
Thu, 25 Aug 2022€21.4b€1.9b€3.2b7.5x6.7x11.4x
Sat, 23 Jul 2022€21.0b€1.8b€2.8b8.7x7.5x11.8x
Price to Earnings Ratio

7.5x


Total Market Cap: €21.0bTotal Earnings: €2.8bTotal Revenue: €1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian REITS Industry Price to Earnings3Y Average -204.2x202320242025
Current Industry PE
    There are only 3 companies in the Belgian REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 56% per year, which is driving profits down.

Industry Trends

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

BE Market0.38%
Real Estate0.40%
REITS-0.31%
Industrial REITs0.57%
Retail REITs0.22%
Healthcare REITs0.12%
Office REITs0%0
Residential REITs-0.17%
Diversified REITs-0.31%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry even though it's trading below its 3-year average PE ratio of 33.1x.
    • Analysts are expecting annual earnings growth of 21.7%, which is lower than the prior year's growth of 128.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified REITs industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 23% per year.
  • In contrast, the Residential REITs industry is expected to see its earnings grow by 3.3% 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
NEXTA Nextensa/SA€42.400.2%
+€1.0m
-2.0%PB0.5x

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