Calculating The Intrinsic Value Of Melexis NV (EBR:MELE)
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Belgian (BEL20) Market Analysis & Valuation
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies165
- 7D1.1%
- 3M5.8%
- 1Y15.3%
- YTD15.5%
The market has climbed 1.1% in the last 7 days, lead by the Healthcare sector with a gain of 2.5%. In the last year, the market has climbed 15%. Looking forward, earnings are forecast to grow by 16% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Belgian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Nov 2025 | €426.5b | €219.9b | €23.6b | 14.5x | 18.1x | 1.9x |
| Wed, 15 Oct 2025 | €415.8b | €219.7b | €23.9b | 15.8x | 17.4x | 1.9x |
| Fri, 12 Sep 2025 | €399.6b | €218.6b | €24.1b | 15.3x | 16.6x | 1.8x |
| Sun, 10 Aug 2025 | €398.0b | €224.4b | €25.3b | 15.3x | 15.7x | 1.8x |
| Tue, 08 Jul 2025 | €390.9b | €221.7b | €23.0b | 15.2x | 17x | 1.8x |
| Thu, 05 Jun 2025 | €396.1b | €223.2b | €23.3b | 14.3x | 17x | 1.8x |
| Sat, 03 May 2025 | €388.3b | €223.8b | €22.7b | 14.3x | 17.1x | 1.7x |
| Mon, 31 Mar 2025 | €380.5b | €226.1b | €23.2b | 13.3x | 16.4x | 1.7x |
| Wed, 26 Feb 2025 | €382.3b | €232.7b | €21.8b | 13.1x | 17.6x | 1.6x |
| Fri, 24 Jan 2025 | €367.3b | €233.6b | €21.0b | 12.7x | 17.5x | 1.6x |
| Sun, 22 Dec 2024 | €365.3b | €233.5b | €21.0b | 12.6x | 17.4x | 1.6x |
| Tue, 19 Nov 2024 | €366.0b | €226.0b | €21.8b | 13.1x | 16.8x | 1.6x |
| Thu, 17 Oct 2024 | €386.4b | €224.6b | €21.2b | 13.8x | 18.2x | 1.7x |
| Sat, 14 Sep 2024 | €390.7b | €230.0b | €21.1b | 14.5x | 18.5x | 1.7x |
| Mon, 12 Aug 2024 | €371.8b | €229.4b | €20.5b | 15.8x | 18.2x | 1.6x |
| Wed, 10 Jul 2024 | €368.6b | €231.9b | €21.3b | 15.5x | 17.3x | 1.6x |
| Fri, 07 Jun 2024 | €375.2b | €232.1b | €21.4b | 16.1x | 17.5x | 1.6x |
| Sun, 05 May 2024 | €366.3b | €233.3b | €22.1b | 14.8x | 16.6x | 1.6x |
| Tue, 02 Apr 2024 | €369.8b | €238.0b | €21.6b | 14.2x | 17.1x | 1.6x |
| Thu, 29 Feb 2024 | €363.4b | €249.1b | €23.8b | 13.6x | 15.3x | 1.5x |
| Sat, 27 Jan 2024 | €355.6b | €248.4b | €23.0b | 12.6x | 15.4x | 1.4x |
| Mon, 25 Dec 2023 | €356.5b | €246.8b | €22.1b | 13.2x | 16.1x | 1.4x |
| Wed, 22 Nov 2023 | €344.2b | €239.1b | €21.3b | 14.5x | 16.2x | 1.4x |
| Fri, 20 Oct 2023 | €323.9b | €239.0b | €21.5b | 12.8x | 15.1x | 1.4x |
| Sun, 17 Sep 2023 | €347.7b | €241.4b | €22.1b | 13x | 15.7x | 1.4x |
| Tue, 15 Aug 2023 | €342.3b | €233.5b | €22.5b | 12.7x | 15.2x | 1.5x |
| Thu, 13 Jul 2023 | €336.9b | €233.7b | €24.3b | 11.4x | 13.9x | 1.4x |
| Sat, 10 Jun 2023 | €338.8b | €236.1b | €24.6b | 11.6x | 13.8x | 1.4x |
| Mon, 08 May 2023 | €359.9b | €233.8b | €24.0b | 12.5x | 15x | 1.5x |
| Wed, 05 Apr 2023 | €362.1b | €233.6b | €23.8b | 11.1x | 15.2x | 1.5x |
| Fri, 03 Mar 2023 | €361.7b | €233.4b | €23.2b | 11.2x | 15.6x | 1.5x |
| Sun, 29 Jan 2023 | €347.7b | €229.9b | €23.5b | 10.3x | 14.8x | 1.5x |
| Tue, 27 Dec 2022 | €346.6b | €231.3b | €25.1b | 9.8x | 13.8x | 1.5x |
| Thu, 24 Nov 2022 | €339.2b | €232.8b | €25.5b | 9.6x | 13.3x | 1.5x |
Price to Earnings Ratio
13.3x
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 18.1x which is higher than its 3-year average PE of 16.3x.
Past Earnings Growth
- The earnings for Belgian listed companies have declined 2.6% 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 | 1.05% | |
| Healthcare | 2.54% | |
| Industrials | 2.00% | |
| Materials | 1.79% | |
| Energy | 1.50% | |
| Financials | 0.69% | |
| Consumer Discretionary | 0.65% | |
| Consumer Staples | 0.27% | |
| Real Estate | 0.18% | |
| Telecom | -0.21% | |
| Utilities | -0.86% | |
| Tech | -0.88% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 226x.
- Analysts are expecting annual earnings growth of 22.6%, which is lower than the prior year's growth of 62.9% per year.
- The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.5x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings growth rate of 28% per year.
- In contrast, the Telecom sector is expected to see its earnings decline by 7.0% per year 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 | Sector | |
|---|---|---|---|---|---|---|
| ARGX argenx | €779.80 | 4.6% +€2.1b | 45.5% | PE36.2x | Healthcare | |
| UCB UCB | €226.90 | 1.2% +€513.0m | 36.7% | PE32.4x | Healthcare | |
| ABI Anheuser-Busch InBev | €54.72 | 0.4% +€390.5m | 2.5% | PE20.4x | Consumer Staples | |
| DEME DEME Group | €143.00 | 6.7% +€227.2m | 6.6% | PE11.1x | Industrials | |
| 017250539 BNP Paribas Fortis | €35.40 | 1.1% +€226.1m | 16.4% | PB0.7x | Financials |
