Investors Shouldn't Overlook Lotus Bakeries' (EBR:LOTB) Impressive Returns On Capital
Aug 06
Have your own idea? Try our Stock Screener
Belgian (BEL20) Market Analysis & Valuation
UpdatedAug 10, 2025
DataAggregated Company Financials
Companies166
- 7D3.5%
- 3M3.8%
- 1Y7.2%
- YTD8.6%
The market has climbed 3.5% in the last 7 days, lead by the Consumer Staples sector with a gain of 6.0%. In the last year, the market has climbed 7.2%. Earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Sat, 22 Oct 2022 | €312.9b | €232.9b | €24.0b | 8.3x | 13.1x | 1.3x |
| Mon, 19 Sep 2022 | €329.3b | €231.4b | €23.9b | 9.2x | 13.8x | 1.4x |
| Wed, 17 Aug 2022 | €356.6b | €230.1b | €25.8b | 9.8x | 13.8x | 1.5x |
Price to Earnings Ratio
13.8x
Current Market PE
- Investors are relatively neutral on the Belgian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 15.9x.
Past Earnings Growth
- Both revenue and earnings for Belgian listed companies have remained mostly flat over the last three years.
- This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Sector Trends
Which sectors have driven the changes within the Belgian Market?
| BE Market | 3.46% | |
| Consumer Staples | 6.05% | |
| Materials | 5.48% | |
| Financials | 5.27% | |
| Real Estate | 3.31% | |
| Industrials | 2.60% | |
| Tech | 1.07% | |
| Consumer Discretionary | 0.15% | |
| Healthcare | -1.10% | |
| Energy | -1.78% | |
| Utilities | -1.88% | |
| Telecom | -2.91% | |
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 285x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 21.1%, which is higher than its past year's earnings growth of 9.9% per year.
- The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.8x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings growth rate of 24% per year.
- In contrast, the Telecom industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|---|
| ABI Anheuser-Busch InBev | €53.02 | 6.2% +€6.0b | -4.4% | PE16.9x | Consumer Staples | |
| KBC KBC Group | €99.30 | 9.7% +€3.5b | 48.8% | PB1.5x | Financials | |
| SYENS Syensqo | €78.04 | 10.1% +€729.2m | 12.2% | PS1.2x | Materials | |
| LOTB Lotus Bakeries | €8.44k | 10.5% +€650.0m | -21.3% | PE44.9x | Consumer Staples | |
| AGS ageas | €60.95 | 4.3% +€476.0m | 44.3% | PE10.4x | Financials |
