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Belgian (BEL20) Market Analysis & Valuation

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies134
  • 7D1.7%
  • 3M4.4%
  • 1Y-6.5%
  • YTD-11.4%

The market is up 1.5% over the last week, with the Consumer Staples sector leading the way, up 1.8%. In contrast, the market has seen a decline of 6.5% over the last 12 months. Earnings are forecast to grow by 17% annually.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022€343.7b€232.3b€25.2b9.7x13.6x1.5x
Thu, 27 Oct 2022€319.8b€231.4b€23.9b8.7x13.4x1.4x
Sat, 24 Sep 2022€315.2b€233.8b€24.1b8.6x13.1x1.3x
Mon, 22 Aug 2022€349.4b€230.9b€26.1b9.8x13.4x1.5x
Wed, 20 Jul 2022€343.5b€226.0b€26.0b9.8x13.2x1.5x
Fri, 17 Jun 2022€333.4b€221.6b€25.7b10.6x13x1.5x
Sun, 15 May 2022€365.1b€223.0b€25.7b11.9x14.2x1.6x
Tue, 12 Apr 2022€382.3b€218.8b€26.4b13.7x14.5x1.7x
Thu, 10 Mar 2022€356.2b€215.3b€26.1b13x13.7x1.7x
Sat, 05 Feb 2022€369.4b€211.0b€24.3b14.8x15.2x1.8x
Mon, 03 Jan 2022€370.9b€211.2b€23.9b15x15.5x1.8x
Wed, 01 Dec 2021€354.2b€212.3b€24.1b15.2x14.7x1.7x
Fri, 29 Oct 2021€388.9b€207.7b€24.7b14.7x15.7x1.9x
Sun, 26 Sep 2021€365.2b€207.4b€24.5b14.5x14.9x1.8x
Tue, 24 Aug 2021€363.6b€205.8b€24.1b14.3x15.1x1.8x
Wed, 30 Jun 2021€363.4b€205.8b€24.1b14x15.1x1.8x
Sat, 03 Apr 2021€339.5b€197.9b€16.4b15.6x20.7x1.7x
Tue, 05 Jan 2021€325.6b€188.5b€10.5b17x31x1.7x
Fri, 09 Oct 2020€286.8b€191.7b€8.0b15.6x36x1.5x
Thu, 02 Jul 2020€284.0b€194.2b€8.7b14.8x32.7x1.5x
Sun, 05 Apr 2020€262.1b€200.3b€15.3b15.4x17.2x1.3x
Wed, 08 Jan 2020€364.2b€204.5b€21.7b17.1x16.8x1.8x
Price to Earnings Ratio

16x


Total Market Cap: €360.6bTotal Earnings: €22.5bTotal Revenue: €205.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Market Price to Earnings3Y Average 20.2x202020212022
Current Market PE
  • Investors are pessimistic on the Belgian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 13.6x which is lower than its 3-year average PE of 20.2x.
Past Earnings Growth
  • The earnings for Belgian listed companies have grown 3.8% per year over the last three years.
  • Revenues for these companies have grown 4.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Belgian Market?

BE Market1.67%
Consumer Staples3.87%
Consumer Discretionary2.68%
Industrials2.62%
Healthcare1.90%
Materials1.44%
Financials0.45%
Tech-0.085%
Telecom-0.57%
Utilities-1.08%
Real Estate-2.52%
Energy-5.90%
Sector PE
  • Investors are most optimistic about the Healthcare sector which is trading above its 3-year average PE ratio.
    • This optimism is likely because analysts are expecting annual earnings growth of 52.0% which is higher than its past year's earnings decline of 5.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 74% over the next 5 years.
  • This is better than its past earnings growth rate of 4.5% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 19% 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
ABI Anheuser-Busch InBev€56.184.2%
+€4.4b
10.5%PE22.7xConsumer Staples
ARGX argenx€372.402.2%
+€437.1m
48.4%PS74.9xHealthcare
AZE Azelis Group€26.007.7%
+€435.0m
4.8%PE37.9xIndustrials
UCB UCB€77.662.5%
+€353.3m
-20.0%PE16.6xHealthcare
DIE D'Ieteren Group€180.202.7%
+€256.6m
10.9%PE36.5xConsumer Discretionary
See more
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COFB

€85.00

Cofinimmo

7D

-2.6%

1Y

-39.2%

XIOR

€29.30

Xior Student Housing

7D

-6.8%

1Y

-40.2%

SHUR

€42.75

Shurgard Self Storage

7D

-4.5%

1Y

-23.0%

UCB

€77.66

UCB

7D

2.5%

1Y

-20.0%

ARGX

€372.40

argenx

7D

2.2%

1Y

48.4%

KBC

€51.62

KBC Group

7D

0.6%

1Y

-28.9%

WDP

€26.26

Warehouses De Pauw

7D

-3.4%

1Y

-36.3%

MITRA

€4.57

Mithra Pharmaceuticals

7D

-24.7%

1Y

-76.9%

LOTB

€6,290.00

Lotus Bakeries

7D

3.6%

1Y

16.9%

EURN

€17.62

Euronav

7D

-8.9%

1Y

111.4%

DIE

€180.20

D'Ieteren Group

7D

2.7%

1Y

10.9%

AED

€76.70

Aedifica

7D

-3.3%

1Y

-35.7%