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Belgian (BEL20) Telecom Services and Carriers Industry Analysis

UpdatedDec 22, 2025
DataAggregated Company Financials
Companies1
  • 7D-0.4%
  • 3M-3.7%
  • 1Y44.7%
  • YTD37.5%

The Telecom Services and Carriers industry has stayed flat over the last week. The past year has been better, since the industry has gained 40% in that time. Looking forward, earnings are forecast to decline by 6.4% per year.

Industry Valuation and Performance

Has the Belgian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Dec 2025€2.3b€6.4b€473.0m4.8x4.8x0.4x
Wed, 19 Nov 2025€2.2b€6.4b€473.0m4.6x4.6x0.3x
Fri, 17 Oct 2025€2.5b€6.5b€569.0m4.3x4.3x0.4x
Sun, 14 Sep 2025€2.4b€6.5b€569.0m4.2x4.2x0.4x
Tue, 12 Aug 2025€2.3b€6.5b€569.0m4x4x0.4x
Thu, 10 Jul 2025€2.7b€6.5b€484.0m5.6x5.6x0.4x
Sat, 07 Jun 2025€2.5b€6.5b€484.0m5.1x5.1x0.4x
Mon, 05 May 2025€2.2b€6.4b€447.0m4.9x4.9x0.3x
Wed, 02 Apr 2025€2.2b€6.4b€447.0m5x5x0.4x
Fri, 28 Feb 2025€1.9b€6.2b€461.0m4.1x4.1x0.3x
Sun, 26 Jan 2025€1.5b€6.2b€461.0m3.4x3.4x0.2x
Tue, 24 Dec 2024€1.6b€6.2b€461.0m3.4x3.4x0.3x
Thu, 21 Nov 2024€2.2b€6.2b€461.0m4.7x4.7x0.3x
Sat, 19 Oct 2024€2.1b€6.1b€360.0m5.8x5.8x0.3x
Mon, 16 Sep 2024€2.3b€6.1b€360.0m6.3x6.3x0.4x
Wed, 14 Aug 2024€2.1b€6.1b€360.0m5.8x5.8x0.3x
Fri, 12 Jul 2024€2.5b€6.0b€363.0m6.8x6.8x0.4x
Sun, 09 Jun 2024€2.4b€6.0b€363.0m6.6x6.6x0.4x
Tue, 07 May 2024€2.3b€6.0b€363.0m6.2x6.2x0.4x
Thu, 04 Apr 2024€2.5b€6.0b€357.0m6.9x6.9x0.4x
Sat, 02 Mar 2024€2.5b€6.0b€357.0m7x7x0.4x
Mon, 29 Jan 2024€2.9b€6.0b€349.0m8.4x8.4x0.5x
Wed, 27 Dec 2023€2.8b€6.0b€349.0m7.9x7.9x0.5x
Fri, 24 Nov 2023€2.8b€6.0b€349.0m8.1x8.1x0.5x
Sun, 22 Oct 2023€2.6b€6.0b€395.0m6.6x6.6x0.4x
Tue, 19 Sep 2023€2.5b€6.0b€395.0m6.2x6.2x0.4x
Thu, 17 Aug 2023€2.2b€6.0b€395.0m5.4x5.4x0.4x
Sat, 15 Jul 2023€2.3b€5.9b€425.0m5.5x5.5x0.4x
Mon, 12 Jun 2023€2.4b€5.9b€425.0m5.6x5.6x0.4x
Wed, 10 May 2023€2.5b€5.9b€425.0m5.9x5.9x0.4x
Fri, 07 Apr 2023€2.9b€5.9b€450.0m6.4x6.4x0.5x
Sun, 05 Mar 2023€2.8b€5.9b€450.0m6.2x6.2x0.5x
Tue, 31 Jan 2023€3.0b€5.7b€456.0m6.7x6.7x0.5x
Thu, 29 Dec 2022€2.9b€5.7b€456.0m6.3x6.3x0.5x
Price to Earnings Ratio

6.3x


Total Market Cap: €2.9bTotal Earnings: €456.0mTotal Revenue: €5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Telecom Services and Carriers Industry Price to Earnings3Y Average 5.7x202320242025
Current Industry PE
    There is only one company in the Belgian Telecom industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Belgian Telecom industry?

BE Market1.37%
Telecom-0.15%
Telecom Services and Carriers-0.43%
Integrated Telecom Services-0.43%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 5.7x.
    • Analysts are expecting annual earnings decline of 6.4%, which is lower than the prior year's growth of 2.6% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 5.7x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Integrated Telecom Services industry since they expect its earnings to decline by only 6.4% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 2.6% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline by 6.4% 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
No data available