Header cover image

Belgian (BEL20) Market Analysis & Valuation

UpdatedJul 09, 2024
DataAggregated Company Financials
Companies167
  • 7D1.1%
  • 3M0.5%
  • 1Y5.2%
  • YTD1.0%

The market has climbed by 1.1% over the past week, with every sector up and the Consumer Staples sector leading the way. As for the past 12 months, the market is up 5.2%. As for the next few years, earnings are expected to grow by 17% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Jul 2024€369.6b€231.9b€21.2b15.1x17.4x1.6x
Thu, 06 Jun 2024€372.8b€232.5b€21.2b15.3x17.6x1.6x
Sat, 04 May 2024€366.3b€233.4b€22.1b14.8x16.6x1.6x
Mon, 01 Apr 2024€369.8b€237.9b€21.6b14.2x17.1x1.6x
Wed, 28 Feb 2024€363.9b€248.9b€23.5b13.8x15.5x1.5x
Fri, 26 Jan 2024€353.8b€248.5b€23.0b12.5x15.4x1.4x
Sun, 24 Dec 2023€356.5b€246.8b€22.1b13.2x16.1x1.4x
Tue, 21 Nov 2023€344.4b€239.0b€21.3b14.4x16.2x1.4x
Thu, 19 Oct 2023€327.7b€239.3b€21.5b13x15.2x1.4x
Sat, 16 Sep 2023€343.0b€241.3b€21.9b13.1x15.6x1.4x
Mon, 14 Aug 2023€341.8b€233.3b€22.5b12.8x15.2x1.5x
Wed, 12 Jul 2023€333.2b€234.5b€24.4b11.3x13.7x1.4x
Fri, 09 Jun 2023€338.4b€235.9b€24.6b11.6x13.8x1.4x
Sun, 07 May 2023€360.0b€233.8b€24.0b12.5x15x1.5x
Tue, 04 Apr 2023€363.4b€233.9b€23.8b10.8x15.3x1.6x
Thu, 02 Mar 2023€362.0b€232.8b€23.3b11.1x15.5x1.6x
Sat, 28 Jan 2023€350.7b€230.0b€24.8b10.2x14.1x1.5x
Mon, 26 Dec 2022€346.6b€231.3b€25.1b9.8x13.8x1.5x
Wed, 23 Nov 2022€338.9b€233.3b€25.5b9.5x13.3x1.5x
Fri, 21 Oct 2022€312.3b€232.6b€24.1b8.4x13x1.3x
Sun, 18 Sep 2022€329.3b€231.4b€23.9b9.2x13.8x1.4x
Tue, 16 Aug 2022€356.5b€231.5b€25.7b9.8x13.9x1.5x
Thu, 14 Jul 2022€345.0b€226.0b€26.0b9.7x13.3x1.5x
Sat, 11 Jun 2022€347.4b€221.6b€25.7b10.9x13.5x1.6x
Mon, 09 May 2022€368.9b€221.9b€25.6b12.3x14.4x1.7x
Wed, 06 Apr 2022€386.9b€218.1b€26.3b13.7x14.7x1.8x
Fri, 04 Mar 2022€358.2b€215.0b€25.9b13.1x13.8x1.7x
Sun, 30 Jan 2022€375.2b€212.2b€24.0b14.7x15.6x1.8x
Tue, 28 Dec 2021€370.9b€211.9b€24.0b15.1x15.5x1.8x
Thu, 25 Nov 2021€362.2b€212.6b€24.1b15.1x15x1.7x
Sat, 23 Oct 2021€374.8b€207.8b€24.5b14.7x15.3x1.8x
Mon, 20 Sep 2021€363.6b€204.8b€24.4b14.1x14.9x1.8x
Wed, 18 Aug 2021€365.8b€205.8b€24.1b14.4x15.2x1.8x
Price to Earnings Ratio

15.1x


Total Market Cap: €363.5bTotal Earnings: €24.1bTotal Revenue: €205.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Market Price to Earnings3Y Average 14.9x202220232024
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 17.4x which is higher than its 3-year average PE of 14.9x.
Past Earnings Growth
  • The earnings for Belgian listed companies have declined 4.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% 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 Market1.10%
Consumer Discretionary3.91%
Energy3.09%
Tech2.67%
Materials1.54%
Utilities1.54%
Telecom1.24%
Real Estate1.09%
Industrials1.05%
Consumer Staples1.01%
Healthcare0.76%
Financials0.71%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 179x.
    • 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?

CompanyLast Price7D1YValuationSector
ABI Anheuser-Busch InBev€55.021.1%
+€1.2b
8.6%PE25.2xConsumer Staples
UCB UCB€142.801.8%
+€483.9m
82.1%PE79xHealthcare
DIE D'Ieteren Group€207.204.0%
+€423.5m
32.6%PE22xConsumer Discretionary
KBC KBC Group€67.021.3%
+€345.9m
3.9%PB1.1xFinancials
094426466 SCR-Sibelco€6.05k10.0%
+€239.2m
28.7%PE16.9xMaterials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Recently, most of the leading semiconductor stocks have traded lower. Notably, Micron Technology reported quarterly EPS...

Latest News

BPOST

€2.70

bpost/SA

7D

-13.2%

1Y

-35.7%

SPA

€190.00

Spadel

7D

-2.1%

1Y

17.3%

UCB

€142.80

UCB

7D

1.8%

1Y

82.1%

ACKB

€168.80

Ackermans & Van Haaren

7D

3.4%

1Y

13.8%

SOLV

€109.00

Solvac

7D

-0.9%

1Y

-2.7%

KBCA

€43.10

KBC Ancora

7D

-1.4%

1Y

4.7%

SYENS

€83.80

Syensqo

7D

-0.2%

1Y

n/a

KBC

€67.02

KBC Group

7D

1.3%

1Y

3.9%

ABI

€55.02

Anheuser-Busch InBev

7D

1.1%

1Y

8.6%