Belgian Resources and Capital Company primarily invests in listed and unlisted securities in Belgium.
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Belgian Resources and Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BELR has not had significant price volatility in the past 3 months.
7 Day Return
BE Real Estate
1 Year Return
BE Real Estate
Return vs Industry: Insufficient data to determine how BELR performed against the Belgian Real Estate industry.
Return vs Market: Insufficient data to determine how BELR performed against the Belgian Market.
Price Volatility Vs. Market
How volatile is Belgian Resources and Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StSomething To Consider Before Buying Belgian Resources and Capital Company (EBR:BELR) For The 3.1% Dividend
1 year ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand Belgian Resources and Capital Company (EBR:BELR)
1 year ago | Simply Wall StShould You Buy Belgian Resources and Capital Company (EBR:BELR) For Its Dividend?
Is Belgian Resources and Capital undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BELR (€106) is trading above our estimate of fair value (€28.64)
Significantly Below Fair Value: BELR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BELR is poor value based on its PE Ratio (67.1x) compared to the BE Real Estate industry average (9.3x).
PE vs Market: BELR is poor value based on its PE Ratio (67.1x) compared to the Belgian market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BELR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BELR is good value based on its PB Ratio (0.8x) compared to the BE Real Estate industry average (1.2x).
How is Belgian Resources and Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Belgian Resources and Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Belgian Resources and Capital's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Belgian Resources and Capital competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Belgian Resources and Capital performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BELR has a large one-off loss of €544.7K impacting its June 30 2019 financial results.
Growing Profit Margin: Insufficient data to determine if BELR's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BELR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: BELR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BELR had negative earnings growth (-89.4%) over the past year, making it difficult to compare to the Real Estate industry average (7.4%).
Return on Equity
High ROE: BELR's Return on Equity (1.2%) is considered low.
How is Belgian Resources and Capital's financial position?
Financial Position Analysis
Short Term Liabilities: BELR's short term assets (€1.0M) exceed its short term liabilities (€840.0).
Long Term Liabilities: BELR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BELR is debt free.
Reducing Debt: BELR has not had any debt for past 5 years.
Debt Coverage: BELR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BELR has no debt, therefore coverage of interest payments is not a concern.
What is Belgian Resources and Capital current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BELR's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Belgian market (2.54%).
High Dividend: BELR's dividend (2.92%) is low compared to the top 25% of dividend payers in the Belgian market (5.52%).
Stability and Growth of Payments
Stable Dividend: BELR's dividends per share have been stable in the past 10 years.
Growing Dividend: BELR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (196.2%), BELR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Eric Van de Put
Mr. Eric Van de Put serves as Chief Executive Officer and Chairman at Belgian Resources and Capital Company.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Belgian Resources and Capital Company's company bio, employee growth, exchange listings and data sources
- Name: Belgian Resources and Capital Company
- Ticker: BELR
- Exchange: ENXTBR
- Founded: 1976
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: €33.453m
- Shares outstanding: 315.59k
- Website: https://www.belreca.be
- Belgian Resources and Capital Company
- Van Putlei 74/76
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BELR||ENXTBR (Euronext Brussels)||Yes||Bearer Shares||BE||EUR||Jan 1992|
|BELRB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Jan 1992|
Belgian Resources and Capital Company primarily invests in listed and unlisted securities in Belgium. The company was formerly known as The Belgian Real Estate Company of Canada Ltd. and changed its name to Belgian Resources and Capital Company in November 2000. Belgian Resources and Capital Company was founded in 1976 and is based in Antwerp, Belgium.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:05|
|End of Day Share Price||2020/07/13 00:00|
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 here.