Does D'Ieteren Group (EBR:DIE) Deserve A Spot On Your Watchlist?
Oct 19
Belgian (BEL20) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies143
- 7D0.06%
- 3M-8.3%
- 1Y-4.0%
- YTD-8.4%
Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 3.9%. As for last year, the market is down 4.1%. As for the next few years, earnings are expected to grow by 20% per annum.
Market Valuation and Performance
Has the Belgian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | €322.7b | €245.2b | €21.7b | 12.7x | 14.9x | 1.3x |
| Thu, 28 Sep 2023 | €336.9b | €245.5b | €22.0b | 12.9x | 15.3x | 1.4x |
| Sat, 26 Aug 2023 | €342.0b | €237.8b | €22.5b | 12.6x | 15.2x | 1.4x |
| Mon, 24 Jul 2023 | €351.6b | €237.2b | €24.5b | 11.5x | 14.3x | 1.5x |
| Wed, 21 Jun 2023 | €338.9b | €238.2b | €24.7b | 11.5x | 13.7x | 1.4x |
| Fri, 19 May 2023 | €325.0b | €230.5b | €21.8b | 11.9x | 14.9x | 1.4x |
| Sun, 16 Apr 2023 | €365.5b | €235.4b | €23.9b | 11.4x | 15.3x | 1.6x |
| Tue, 14 Mar 2023 | €349.5b | €226.9b | €24.0b | 10.8x | 14.6x | 1.5x |
| Thu, 09 Feb 2023 | €357.6b | €231.2b | €24.7b | 10.6x | 14.5x | 1.5x |
| Sat, 07 Jan 2023 | €354.7b | €231.3b | €25.1b | 9.9x | 14.2x | 1.5x |
| Mon, 05 Dec 2022 | €349.2b | €231.8b | €25.2b | 9.8x | 13.9x | 1.5x |
| Wed, 02 Nov 2022 | €329.2b | €233.6b | €25.3b | 8.7x | 13x | 1.4x |
| Fri, 30 Sep 2022 | €306.3b | €232.9b | €24.1b | 8.2x | 12.7x | 1.3x |
| Sun, 28 Aug 2022 | €339.2b | €231.6b | €26.4b | 9.1x | 12.9x | 1.5x |
| Tue, 26 Jul 2022 | €347.6b | €225.5b | €26.0b | 9.6x | 13.4x | 1.5x |
| Thu, 23 Jun 2022 | €337.2b | €221.2b | €25.7b | 10.6x | 13.1x | 1.5x |
| Sat, 21 May 2022 | €359.5b | €222.3b | €25.7b | 11.8x | 14x | 1.6x |
| Mon, 18 Apr 2022 | €385.6b | €218.9b | €26.4b | 13.6x | 14.6x | 1.8x |
| Wed, 16 Mar 2022 | €363.1b | €216.1b | €26.1b | 13.2x | 13.9x | 1.7x |
| Fri, 11 Feb 2022 | €379.2b | €210.9b | €24.3b | 14.9x | 15.6x | 1.8x |
| Sun, 09 Jan 2022 | €375.4b | €211.4b | €24.0b | 15.1x | 15.7x | 1.8x |
| Tue, 07 Dec 2021 | €361.7b | €212.2b | €24.1b | 15.5x | 15x | 1.7x |
| Thu, 04 Nov 2021 | €388.2b | €209.9b | €24.1b | 15x | 16.1x | 1.8x |
| Sat, 02 Oct 2021 | €362.7b | €207.6b | €24.5b | 14x | 14.8x | 1.7x |
| Mon, 30 Aug 2021 | €363.8b | €205.8b | €24.1b | 14.4x | 15.1x | 1.8x |
| Tue, 06 Jul 2021 | €363.4b | €205.8b | €24.1b | 14x | 15.1x | 1.8x |
| Fri, 09 Apr 2021 | €339.5b | €197.9b | €16.4b | 15.6x | 20.7x | 1.7x |
| Thu, 31 Dec 2020 | €325.6b | €188.5b | €10.5b | 17x | 31x | 1.7x |
Price to Earnings Ratio
34.2x
Current Market PE
- Investors are pessimistic on the Belgian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 14.9x which is lower than its 3-year average PE of 17.6x.
Past Earnings Growth
- The earnings for Belgian listed companies have grown 40% per year over the last three years.
- Revenues for these companies have grown 8.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Belgian Market?
| BE Market | 0.055% | |
| Consumer Staples | 1.85% | |
| Utilities | 1.08% | |
| Materials | 0.79% | |
| Real Estate | -0.16% | |
| Financials | -0.25% | |
| Energy | -0.95% | |
| Industrials | -1.19% | |
| Consumer Discretionary | -1.22% | |
| Telecom | -1.90% | |
| Healthcare | -2.71% | |
| Tech | -4.30% | |
Sector PE
- Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 11.8x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 39.5% which is higher than its past year's earnings decline of 30.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 63% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 24% 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 | |
|---|---|---|---|---|---|---|
| ABI Anheuser-Busch InBev | €50.85 | 2.1% +€2.1b | 0.5% | PE17.2x | Consumer Staples | |
| SOF Sofina Société Anonyme | €177.90 | 3.1% +€176.4m | -9.9% | PB0.6x | Financials | |
| SOLB Solvay | €97.78 | 1.5% +€150.3m | 7.2% | PE7.9x | Materials | |
| COFB Cofinimmo | €57.45 | 3.8% +€77.2m | -31.6% | PB0.6x | Real Estate | |
| ELI Elia Group | €89.05 | 1.1% +€69.8m | -30.4% | PE18.9x | Utilities |
Market Insights
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