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Belgian (BEL20) Tech Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies8
- 7D-4.3%
- 3M-18.7%
- 1Y-33.4%
- YTD-32.1%
Over the last 7 days, the Tech industry has dropped 4.3%, driven by Melexis declining 6.0%. However, the industry is down 33% over the past year. Earnings are forecast to grow by 11% annually.
Sector Valuation and Performance
Has the Belgian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | €4.3b | €5.2b | €285.3m | 11x | 14.9x | 0.8x |
| Mon, 18 Nov 2024 | €4.4b | €5.2b | €286.3m | 10.8x | 15.4x | 0.9x |
| Wed, 16 Oct 2024 | €5.0b | €5.2b | €290.0m | 11.9x | 17.2x | 1x |
| Fri, 13 Sep 2024 | €5.4b | €5.2b | €289.8m | 12.8x | 18.6x | 1x |
| Sun, 11 Aug 2024 | €5.3b | €5.1b | €284.7m | 12.9x | 18.7x | 1x |
| Tue, 09 Jul 2024 | €5.5b | €5.2b | €312.9m | 11.2x | 17.6x | 1.1x |
| Thu, 06 Jun 2024 | €5.7b | €5.2b | €316.8m | 12.4x | 18x | 1.1x |
| Sat, 04 May 2024 | €5.6b | €5.2b | €316.9m | 13.5x | 17.7x | 1.1x |
| Mon, 01 Apr 2024 | €5.6b | €5.2b | €316.1m | 13.3x | 17.8x | 1.1x |
| Wed, 28 Feb 2024 | €5.9b | €5.2b | €351.4m | 13.9x | 16.8x | 1.1x |
| Fri, 26 Jan 2024 | €5.9b | €5.3b | €358.1m | 13.3x | 16.4x | 1.1x |
| Sun, 24 Dec 2023 | €6.4b | €5.3b | €357.9m | 13.9x | 18x | 1.2x |
| Tue, 21 Nov 2023 | €5.9b | €5.3b | €357.9m | 13x | 16.5x | 1.1x |
| Thu, 19 Oct 2023 | €5.7b | €5.3b | €349.9m | 12.8x | 16.2x | 1.1x |
| Sat, 16 Sep 2023 | €6.3b | €5.2b | €351.8m | 13.5x | 18x | 1.2x |
| Mon, 14 Aug 2023 | €6.7b | €5.2b | €350.5m | 14.4x | 19x | 1.3x |
| Wed, 12 Jul 2023 | €7.0b | €5.1b | €349.4m | 14.8x | 20x | 1.4x |
| Fri, 09 Jun 2023 | €7.1b | €5.1b | €349.6m | 14.5x | 20.3x | 1.4x |
| Sun, 07 May 2023 | €7.2b | €5.1b | €347.5m | 14.9x | 20.7x | 1.4x |
| Tue, 04 Apr 2023 | €8.0b | €5.0b | €354.2m | 17x | 22.7x | 1.6x |
| Thu, 02 Mar 2023 | €8.1b | €5.1b | €356.6m | 21.2x | 22.6x | 1.6x |
| Sat, 28 Jan 2023 | €7.5b | €4.8b | €306.9m | 22.7x | 24.3x | 1.6x |
| Mon, 26 Dec 2022 | €6.7b | €4.8b | €297.2m | 22.5x | 22.5x | 1.4x |
| Wed, 23 Nov 2022 | €6.7b | €4.8b | €297.8m | 20.7x | 22.3x | 1.4x |
| Fri, 21 Oct 2022 | €6.1b | €4.7b | €286.0m | 19.1x | 21.2x | 1.3x |
| Sun, 18 Sep 2022 | €6.4b | €4.7b | €295.5m | 20.3x | 21.6x | 1.3x |
| Tue, 16 Aug 2022 | €6.9b | €4.7b | €295.1m | 20.1x | 23.5x | 1.5x |
| Thu, 14 Jul 2022 | €6.0b | €4.4b | €251.2m | 18.1x | 23.8x | 1.4x |
| Sat, 11 Jun 2022 | €6.5b | €4.4b | €250.8m | 20.1x | 25.9x | 1.5x |
| Mon, 09 May 2022 | €6.7b | €4.4b | €250.8m | 20.4x | 26.6x | 1.5x |
| Wed, 06 Apr 2022 | €6.6b | €4.3b | €224.7m | 25x | 29.6x | 1.5x |
| Fri, 04 Mar 2022 | €6.5b | €4.3b | €228.9m | 24.2x | 28.6x | 1.5x |
| Sun, 30 Jan 2022 | €6.9b | €4.3b | €175.2m | 24.1x | 39.6x | 1.6x |
| Tue, 28 Dec 2021 | €7.7b | €4.3b | €175.1m | 26.4x | 43.8x | 1.8x |
Price to Earnings Ratio
43.8x
Current Industry PE
- Investors are pessimistic on the Belgian Information Technology 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 14.9x which is lower than its 3-year average PE of 21.6x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 6.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Belgian Tech sector?
| BE Market | -1.53% | |
| Tech | -4.30% | |
| Communications | 1.06% | |
| Tech Hardware | 0% | |
| IT | -1.04% | |
| Electronic Equipment and Components | -3.65% | |
| Software | -4.69% | |
| Semiconductors | -6.00% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 22.7x.
- Analysts are expecting annual earnings growth of 19.2%, which is higher than its past year's earnings decline of 15.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 54% over the next 5 years.
- In contrast, the Communications industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EVS EVS Broadcast Equipment | €30.95 | 1.3% +€5.4m | 8.0% | PE11.2x |
