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Belgian (BEL20) Market Analysis & Valuation

UpdatedNov 08, 2024
DataAggregated Company Financials
Companies167
  • 7D-0.03%
  • 3M0.7%
  • 1Y6.7%
  • YTD4.0%

The market has stayed flat over the 7 days. Meanwhile, the market is actually up 6.7% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

Has the Belgian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 08 Nov 2024€373.6b€223.4b€22.1b12.7x16.9x1.7x
Sun, 06 Oct 2024€386.2b€223.9b€21.1b14x18.3x1.7x
Tue, 03 Sep 2024€376.9b€229.4b€20.8b14.2x18.2x1.6x
Thu, 01 Aug 2024€379.1b€229.8b€19.7b16.6x19.3x1.6x
Sat, 29 Jun 2024€363.9b€232.6b€21.3b15.4x17.1x1.6x
Mon, 27 May 2024€380.4b€232.6b€21.2b15.4x17.9x1.6x
Wed, 24 Apr 2024€368.4b€233.7b€22.0b14.7x16.8x1.6x
Fri, 22 Mar 2024€360.6b€237.4b€21.6b13.6x16.7x1.5x
Sun, 18 Feb 2024€362.5b€249.5b€23.7b13.5x15.3x1.5x
Tue, 16 Jan 2024€359.2b€247.9b€23.0b12.7x15.6x1.4x
Thu, 14 Dec 2023€355.3b€240.0b€21.5b13.2x16.5x1.5x
Sat, 11 Nov 2023€334.3b€237.9b€21.1b13.8x15.8x1.4x
Mon, 09 Oct 2023€330.0b€241.8b€21.7b12.6x15.2x1.4x
Wed, 06 Sep 2023€339.8b€238.0b€22.0b12.5x15.5x1.4x
Fri, 04 Aug 2023€344.1b€233.1b€22.8b12.7x15.1x1.5x
Sun, 02 Jul 2023€334.4b€234.9b€24.4b11.3x13.7x1.4x
Tue, 30 May 2023€340.6b€236.2b€24.6b11.5x13.8x1.4x
Thu, 27 Apr 2023€362.0b€232.0b€23.0b11.9x15.8x1.6x
Sat, 25 Mar 2023€333.4b€231.2b€21.4b15.2x15.6x1.4x
Mon, 20 Feb 2023€359.9b€231.8b€24.6b10.8x14.6x1.6x
Wed, 18 Jan 2023€359.0b€230.3b€24.9b10.5x14.4x1.6x
Fri, 16 Dec 2022€344.4b€231.3b€25.1b9.6x13.7x1.5x
Sun, 13 Nov 2022€336.8b€233.3b€25.5b9x13.2x1.4x
Tue, 11 Oct 2022€307.8b€233.5b€24.1b8.4x12.8x1.3x
Thu, 08 Sep 2022€332.1b€234.3b€27.0b9x12.3x1.4x
Sat, 06 Aug 2022€347.7b€230.8b€25.6b9.4x13.6x1.5x
Mon, 04 Jul 2022€340.9b€224.8b€25.8b10.1x13.2x1.5x
Wed, 01 Jun 2022€359.1b€220.6b€25.8b11.4x13.9x1.6x
Fri, 29 Apr 2022€379.2b€220.5b€26.6b13x14.2x1.7x
Sun, 27 Mar 2022€375.7b€216.8b€25.6b13.6x14.7x1.7x
Tue, 22 Feb 2022€368.5b€212.7b€24.9b14.7x14.8x1.7x
Thu, 20 Jan 2022€372.6b€211.4b€24.0b14.9x15.5x1.8x
Sat, 18 Dec 2021€364.7b€212.2b€24.0b15.4x15.2x1.7x
Mon, 15 Nov 2021€368.8b€210.8b€24.1b15.3x15.3x1.7x
Price to Earnings Ratio

15.3x


Total Market Cap: €368.8bTotal Earnings: €24.1bTotal Revenue: €210.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Market Price to Earnings3Y Average 15.3x202220232024
Current Market PE
  • Investors are optimistic on the Belgian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 16.9x which is higher than its 3-year average PE of 15.3x.
Past Earnings Growth
  • The earnings for Belgian listed companies have declined 2.8% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Belgian Market?

BE Market-0.026%
Healthcare2.11%
Financials1.77%
Consumer Discretionary1.11%
Telecom0.41%
Tech0.15%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-0.15%
Real Estate-1.72%
Materials-1.73%
Consumer Staples-1.78%
Utilities-2.35%
Energy-2.72%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 265x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 45.4%, which is higher than its past year's earnings growth of 15.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 47% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
UCB UCB€184.402.2%
+€758.9m
180.3%PE145.8xHealthcare
AZE Azelis Group€19.505.5%
+€248.7m
7.6%PE28.1xIndustrials
LOTB Lotus Bakeries€12.28k2.0%
+€194.9m
67.1%PE70.1xConsumer Staples
SHUR Shurgard Self Storage€40.855.0%
+€192.0m
9.2%PB1.1xReal Estate
TUB Financière de Tubize€147.402.8%
+€178.1m
142.0%PE72.9xHealthcare
See more
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