Subdued Growth No Barrier To Groupe Bruxelles Lambert SA's (EBR:GBLB) Price
Jun 08
Belgian (BEL20) Market Analysis & Valuation
UpdatedJun 16, 2024
DataAggregated Company Financials
Companies169
- 7D-2.3%
- 3M1.8%
- 1Y-0.2%
- YTD-0.2%
Over the last 7 days, the market has dropped 2.3%, driven by a pullback of 3.6% in the Consumer Staples sector. In contrast, the Healthcare sector has actually gained 3.4%. Although the market performance has been flat over the past year. As for the next few years, earnings are expected to grow by 18% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 16 Jun 2024 | €364.8b | €233.3b | €21.5b | 15.6x | 16.9x | 1.6x |
| Tue, 14 May 2024 | €380.5b | €233.5b | €21.8b | 15.2x | 17.5x | 1.6x |
| Thu, 11 Apr 2024 | €363.5b | €238.5b | €21.8b | 15x | 16.7x | 1.5x |
| Sat, 09 Mar 2024 | €359.6b | €249.2b | €22.7b | 13.6x | 15.9x | 1.4x |
| Mon, 05 Feb 2024 | €353.5b | €249.0b | €23.4b | 12.8x | 15.1x | 1.4x |
| Wed, 03 Jan 2024 | €359.7b | €247.9b | €23.0b | 13x | 15.6x | 1.5x |
| Fri, 01 Dec 2023 | €346.6b | €239.4b | €21.5b | 13.3x | 16.2x | 1.4x |
| Sun, 29 Oct 2023 | €317.9b | €239.2b | €21.2b | 12.7x | 15x | 1.3x |
| Tue, 26 Sep 2023 | €340.0b | €241.8b | €22.0b | 13.2x | 15.5x | 1.4x |
| Thu, 24 Aug 2023 | €339.5b | €233.8b | €22.4b | 12.8x | 15.2x | 1.5x |
| Sat, 22 Jul 2023 | €349.2b | €234.0b | €24.3b | 11.5x | 14.4x | 1.5x |
| Mon, 19 Jun 2023 | €344.2b | €234.9b | €24.4b | 11.7x | 14.1x | 1.5x |
| Wed, 17 May 2023 | €323.7b | €226.7b | €21.5b | 12.1x | 15x | 1.4x |
| Fri, 14 Apr 2023 | €360.5b | €233.2b | €23.6b | 11.3x | 15.3x | 1.5x |
| Sun, 12 Mar 2023 | €355.4b | €232.0b | €23.8b | 10.9x | 15x | 1.5x |
| Tue, 07 Feb 2023 | €356.1b | €231.0b | €24.5b | 10.5x | 14.5x | 1.5x |
| Thu, 05 Jan 2023 | €354.3b | €231.3b | €25.1b | 9.8x | 14.1x | 1.5x |
| Sat, 03 Dec 2022 | €349.2b | €231.8b | €25.2b | 9.8x | 13.9x | 1.5x |
| Mon, 31 Oct 2022 | €325.2b | €233.2b | €25.2b | 8.6x | 12.9x | 1.4x |
| Wed, 28 Sep 2022 | €312.3b | €234.7b | €24.2b | 8.4x | 12.9x | 1.3x |
| Fri, 26 Aug 2022 | €344.9b | €231.7b | €26.4b | 9.1x | 13x | 1.5x |
| Sun, 24 Jul 2022 | €346.1b | €225.5b | €26.0b | 9.5x | 13.3x | 1.5x |
| Tue, 21 Jun 2022 | €338.3b | €221.5b | €25.7b | 10.8x | 13.2x | 1.5x |
| Thu, 19 May 2022 | €366.4b | €222.6b | €25.7b | 11.9x | 14.3x | 1.6x |
| Sat, 16 Apr 2022 | €385.6b | €219.1b | €26.4b | 13.6x | 14.6x | 1.8x |
| Mon, 14 Mar 2022 | €357.9b | €216.0b | €26.2b | 13x | 13.7x | 1.7x |
| Wed, 09 Feb 2022 | €373.0b | €211.2b | €24.3b | 14.9x | 15.4x | 1.8x |
| Fri, 07 Jan 2022 | €375.0b | €211.6b | €24.0b | 15.3x | 15.6x | 1.8x |
| Sun, 05 Dec 2021 | €355.1b | €212.2b | €24.1b | 15.2x | 14.8x | 1.7x |
| Tue, 02 Nov 2021 | €384.9b | €209.9b | €24.1b | 14.7x | 16x | 1.8x |
| Thu, 30 Sep 2021 | €364.7b | €208.0b | €24.5b | 14x | 14.9x | 1.8x |
| Sat, 28 Aug 2021 | €363.6b | €205.8b | €24.1b | 14.3x | 15.1x | 1.8x |
| Sun, 04 Jul 2021 | €363.4b | €205.8b | €24.1b | 14x | 15.1x | 1.8x |
Price to Earnings Ratio
15.1x
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 14.9x.
Past Earnings Growth
- The earnings for Belgian listed companies have declined 3.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.3% 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, which has decreased profits.
Sector Trends
Which sectors have driven the changes within the Belgian Market?
| BE Market | -2.30% | |
| Healthcare | 3.44% | |
| Industrials | -1.63% | |
| Financials | -2.00% | |
| Telecom | -2.53% | |
| Real Estate | -3.12% | |
| Utilities | -3.42% | |
| Consumer Staples | -3.62% | |
| Energy | -3.62% | |
| Tech | -4.15% | |
| Materials | -5.25% | |
| Consumer Discretionary | -5.49% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 145x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 41.7%, which is higher than its past year's earnings growth of 1.3% per year.
- The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 42% over the next 5 years.
- This is better than its past earnings growth rate of 1.3% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 56% 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 | |
|---|---|---|---|---|---|---|
| UCB UCB | €137.85 | 6.0% +€1.5b | 60.7% | PE76.3x | Healthcare | |
| ARGX argenx | €360.90 | 1.8% +€374.4m | -1.1% | PS15.8x | Healthcare | |
| LOTB Lotus Bakeries | €9.99k | 1.5% +€121.8m | 47.1% | PE62.7x | Consumer Staples | |
| 17250539 BNP Paribas Fortis | €36.60 | 0.5% +€113.0m | -12.9% | PB0.8x | Financials | |
| TUB Financière de Tubize | €106.80 | 1.9% +€89.0m | 43.9% | PE53.9x | Healthcare |
