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NV Bekaert SAENXTBR:BEKB Stock Report

Market Cap €2.0b
Share Price
€41.40
€43.83
5.6% undervalued intrinsic discount
1Y16.0%
7D-0.1%
1D
Portfolio Value
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NV Bekaert SA

ENXTBR:BEKB Stock Report

Market Cap: €2.0b

BEKB Community Fair Values

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See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

NV Bekaert SA Competitors

Price History & Performance

Summary of share price highs, lows and changes for NV Bekaert
Historical stock prices
Current Share Price€41.40
52 Week High€45.00
52 Week Low€32.90
Beta1.17
1 Month Change-0.48%
3 Month Change-5.37%
1 Year Change15.97%
3 Year Change-0.96%
5 Year Change3.55%
Change since IPO475.74%

Recent News & Updates

Narrative Update May 17

BEKB: Dividend Increase And Buyback Will Not Offset Weaker Profit Outlook

Analysts have kept the NV Bekaert price target unchanged at €34.5. The stable fair value reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News The annual general meeting on 13 May 2026 approved a gross dividend of €1.95 per share, with an ex-dividend date on 15 May 2026 and payment on 19 May 2026 (Key Developments).

Recent updates

Narrative Update May 17

BEKB: Dividend Increase And Buyback Will Not Offset Weaker Profit Outlook

Analysts have kept the NV Bekaert price target unchanged at €34.5. The stable fair value reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News The annual general meeting on 13 May 2026 approved a gross dividend of €1.95 per share, with an ex-dividend date on 15 May 2026 and payment on 19 May 2026 (Key Developments).
Narrative Update Apr 26

BEKB: Dividend Lift And 2025 Buyback Will Not Offset Weak Outlook

Analysts have kept their €34.50 price target for NV Bekaert unchanged, citing updated model inputs around the discount rate, revenue growth, profit margin, and future P/E, which currently balance out to the same fair value estimate. What's in the News Special or extraordinary shareholders meeting scheduled for May 13, 2026 at 10:30 Romance Standard Time.
Narrative Update Apr 12

BEKB: Higher Dividend And 2025 Buyback Will Not Reverse Weak Prospects

The analyst price target for NV Bekaert is unchanged at €34.5, with analysts keeping their view steady because updated assumptions for discount rate, revenue growth, profit margin and future P/E remain closely aligned with prior estimates. What's in the News NV Bekaert SA proposed a dividend of €1.95 per share, compared with the prior €1.90 per share level.
Narrative Update Mar 28

BEKB: Dividend And Buyback Plans Will Not Prevent Weaker Future Returns

Analysts have kept the NV Bekaert price target steady at €34.50, citing only slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially change their overall valuation view. What's in the News Proposed dividend per share set at €1.95, compared with the prior €1.90 level, which can matter if you focus on income from holdings (Key Developments).
Narrative Update Mar 11

BEKB: Higher Discount Rate And Modest Margins Will Restrain Future Returns

Analysts have lifted their price target on NV Bekaert from €32.00 to €34.50, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News The proposed dividend adjustment from €1.90 to €1.95 per share reflects an updated capital return plan for shareholders (Key Developments).
Narrative Update Feb 24

BEKB: Stable Fair Value And Slightly Higher Future P/E Will Support Outlook

Analysts have maintained their price target for NV Bekaert at around €40.67, citing only minor adjustments to their discount rate, revenue growth and profit margin assumptions, along with a slightly higher expected future P/E multiple. Valuation Changes Fair Value: Modelled fair value remains at approximately €40.67, with no change between the previous and updated estimates.
Narrative Update Feb 09

BEKB: 2025 Sales Guidance And Updated Assumptions Will Support Steady Outlook

Analysts have lifted their price target for NV Bekaert to €40.67 per share, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E that they view as better aligned with the latest available data. What's in the News NV Bekaert issued earnings guidance for fiscal year 2025.
Narrative Update Jan 25

BEKB: Index Inclusion And 2025 Sales Guidance Will Support Steady Outlook

Analysts have trimmed their price target for NV Bekaert to around €40.67 from about €41.30, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News NV Bekaert issued earnings guidance for fiscal 2025, with expected sales of around €3.7b.
Narrative Update Jan 11

BEKB: Index Inclusion And 2025 Guidance Will Support Steady Fairly Valued Outlook

Narrative Update on NV Bekaert Analysts have kept their fair value target for NV Bekaert steady at €41.30, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged view of the company’s valuation drivers.
Narrative Update Dec 26

BEKB: Index Addition And 2025 Guidance Will Support Steady Future Performance

Analysts have made a marginal upward revision to their price target for NV Bekaert, now set at €41.30. This reflects slightly lower discount rate assumptions and a largely unchanged view on the company’s long term growth, profitability, and valuation multiples.
Analysis Article Dec 17

Market Still Lacking Some Conviction On NV Bekaert SA (EBR:BEKB)

NV Bekaert SA's ( EBR:BEKB ) price-to-earnings (or "P/E") ratio of 10.7x might make it look like a buy right now...
Narrative Update Dec 11

BEKB: Index Inclusion Will Drive Future Upside From Stable Earnings Outlook

Analysts have modestly raised their price target on NV Bekaert to €41.30 from €41.00. This reflects a slightly higher assumed future valuation multiple and an updated risk profile, despite largely unchanged growth and margin expectations.
Narrative Update Nov 27

BEKB: Euronext 150 Index Inclusion Will Drive Long-Term Shareholder Value

Analysts have slightly lowered their price target for NV Bekaert from €41.90 to €41.30. This change reflects a modest adjustment based on updated forecasts and shifting profit expectations.
Narrative Update Nov 11

BEKB: Future Prospects Remain Bright With Euronext 150 Index Inclusion

Narrative Update on NV Bekaert: Analyst Price Target Change Analysts have maintained their fair value estimate for NV Bekaert at €41.90. They cite stable projections for revenue growth and profit margins, despite a slight increase in the discount rate and future price-to-earnings expectations.
Narrative Update Oct 28

Earnings Initiatives and Share Buyback Program Will Shape Profit Outlook

Narrative Update on NV Bekaert: Analyst Price Target Change Analysts have reaffirmed their price target for NV Bekaert at €41.90, citing stable fair value estimates and minimal adjustments to future projections as key reasons for maintaining their outlook. What's in the News NV Bekaert provided earnings guidance for 2025 and 2026, anticipating slightly lower sales on a like-for-like basis compared to 2024 and confirming the ambition to achieve 10% profit levels by 2026.
Narrative Update Oct 14

Global Renewable Demand Will Drive Sustainable Infrastructure Expansion

Analyst Price Target Update for NV Bekaert Analysts have lowered their fair value estimate for NV Bekaert from €43.70 to €41.90. They cite updated projections for revenue growth and profit margins as key factors in the revision.
Analysis Article Sep 20

We Think NV Bekaert (EBR:BEKB) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 27

There Is A Reason NV Bekaert SA's (EBR:BEKB) Price Is Undemanding

With a price-to-earnings (or "P/E") ratio of 7.3x NV Bekaert SA ( EBR:BEKB ) may be sending bullish signals at the...
Analysis Article May 16

NV Bekaert (EBR:BEKB) Has Announced That It Will Be Increasing Its Dividend To €1.33

The board of NV Bekaert SA ( EBR:BEKB ) has announced that it will be paying its dividend of €1.33 on the 20th of May...
Analysis Article Mar 09

There May Be Some Bright Spots In NV Bekaert's (EBR:BEKB) Earnings

Shareholders appeared unconcerned with NV Bekaert SA's ( EBR:BEKB ) lackluster earnings report last week. Our analysis...
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New Narrative Mar 02

Expanding Rubber Reinforcement Capacity In Indonesia And India Will Strengthen Future Presence

Focus on cost structure optimization and divestment from low-margin sectors to improve net margins and earnings through strategic resource allocation.
Analysis Article Dec 18

NV Bekaert SA's (EBR:BEKB) Business And Shares Still Trailing The Market

NV Bekaert SA's ( EBR:BEKB ) price-to-earnings (or "P/E") ratio of 6.7x might make it look like a buy right now...
Analysis Article Oct 18

Investors Will Want NV Bekaert's (EBR:BEKB) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Sep 09

NV Bekaert (EBR:BEKB) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 27

Investors Aren't Buying NV Bekaert SA's (EBR:BEKB) Earnings

NV Bekaert SA's ( EBR:BEKB ) price-to-earnings (or "P/E") ratio of 7.7x might make it look like a strong buy right now...
Analysis Article Jun 05

We Think NV Bekaert (EBR:BEKB) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 01

NV Bekaert (EBR:BEKB) Is Increasing Its Dividend To €1.26

NV Bekaert SA ( EBR:BEKB ) will increase its dividend from last year's comparable payment on the 14th of May to €1.26...
Analysis Article Apr 17

NV Bekaert (EBR:BEKB) Will Pay A Larger Dividend Than Last Year At €1.26

NV Bekaert SA's ( EBR:BEKB ) dividend will be increasing from last year's payment of the same period to €1.26 on 14th...
Analysis Article Apr 03

NV Bekaert (EBR:BEKB) Is Increasing Its Dividend To €1.26

NV Bekaert SA ( EBR:BEKB ) will increase its dividend from last year's comparable payment on the 14th of May to €1.26...
Analysis Article Mar 19

NV Bekaert's (EBR:BEKB) Dividend Will Be Increased To €1.26

NV Bekaert SA ( EBR:BEKB ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Mar 05

NV Bekaert's (EBR:BEKB) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of NV Bekaert SA ( EBR:BEKB ) has announced that it will be paying its dividend of €1.26 on the 14th of May...
Analysis Article Jan 08

An Intrinsic Calculation For NV Bekaert SA (EBR:BEKB) Suggests It's 33% Undervalued

Key Insights NV Bekaert's estimated fair value is €65.99 based on 2 Stage Free Cash Flow to Equity NV Bekaert is...
Analysis Article Dec 21

These 4 Measures Indicate That NV Bekaert (EBR:BEKB) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Dec 06

NV Bekaert (EBR:BEKB) Is Experiencing Growth In Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Oct 05

Are Investors Undervaluing NV Bekaert SA (EBR:BEKB) By 25%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, NV Bekaert fair value estimate is €56.08 NV Bekaert is...
Analysis Article Sep 18

NV Bekaert (EBR:BEKB) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 31

Investors Will Want NV Bekaert's (EBR:BEKB) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Jun 24

Is NV Bekaert SA (EBR:BEKB) Trading At A 41% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, NV Bekaert fair value estimate is €69.17 NV Bekaert's €41.14...
Analysis Article May 25

NV Bekaert (EBR:BEKB) Is Experiencing Growth In Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article May 09

NV Bekaert's (EBR:BEKB) Upcoming Dividend Will Be Larger Than Last Year's

The board of NV Bekaert SA ( EBR:BEKB ) has announced that it will be paying its dividend of €1.16 on the 15th of May...
Analysis Article Apr 05

NV Bekaert's (EBR:BEKB) Upcoming Dividend Will Be Larger Than Last Year's

The board of NV Bekaert SA ( EBR:BEKB ) has announced that it will be paying its dividend of €1.16 on the 15th of May...
Analysis Article Mar 20

Is NV Bekaert SA (EBR:BEKB) Trading At A 45% Discount?

Key Insights The projected fair value for NV Bekaert is €69.95 based on 2 Stage Free Cash Flow to Equity NV Bekaert is...
Analysis Article Mar 04

NV Bekaert (EBR:BEKB) Has Announced That It Will Be Increasing Its Dividend To €1.16

NV Bekaert SA ( EBR:BEKB ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Mar 03

Is NV Bekaert (EBR:BEKB) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

BEKBBE Metals and MiningBE Market
7D-0.1%4.5%-0.2%
1Y16.0%79.9%21.2%

Return vs Industry: BEKB underperformed the Belgian Metals and Mining industry which returned 83.5% over the past year.

Return vs Market: BEKB underperformed the Belgian Market which returned 22% over the past year.

Price Volatility

Is BEKB's price volatile compared to industry and market?
BEKB volatility
BEKB Average Weekly Movement4.8%
Metals and Mining Industry Average Movement8.3%
Market Average Movement4.1%
10% most volatile stocks in BE Market7.1%
10% least volatile stocks in BE Market2.6%

Stable Share Price: BEKB has not had significant price volatility in the past 3 months compared to the Belgian market.

Volatility Over Time: BEKB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188018,317Yves Kerstenswww.bekaert.com

NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four segments: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. The Rubber Reinforcement Business segment develops, manufactures, and supplies steel cord and bead wire reinforcement solutions for the tire sector.

NV Bekaert SA Fundamentals Summary

How do NV Bekaert's earnings and revenue compare to its market cap?
BEKB fundamental statistics
Market cap€2.02b
Earnings (TTM)€67.36m
Revenue (TTM)€3.71b
29.9x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEKB income statement (TTM)
Revenue€3.71b
Cost of Revenue€3.11b
Gross Profit€592.24m
Other Expenses€524.89m
Earnings€67.36m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)1.38
Gross Margin15.98%
Net Profit Margin1.82%
Debt/Equity Ratio29.7%

How did BEKB perform over the long term?

See historical performance and comparison

Dividends

4.7%
Current Dividend Yield
147%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 10:21
End of Day Share Price 2026/05/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NV Bekaert SA is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mourad LahmidiBNP Paribas
Bin GaoBofA Global Research
Frank ClaassenDegroof Petercam