Belgian (BEL20) Real Estate Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies16
- 7D-3.9%
- 3M4.6%
- 1Y-12.7%
- YTD-1.3%
Over the last 7 days, the Real Estate industry has dropped 3.6%, driven by a pullback from VGP of 5.2%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the Belgian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | €3.8b | €483.0m | -€12,511,469.00 | 12.7x | -305.4x | 7.9x |
| Fri, 26 Apr 2024 | €3.6b | €483.0m | -€12,619,469.00 | 13.3x | -281.5x | 7.4x |
| Sun, 24 Mar 2024 | €3.7b | €499.8m | -€11,659,941.00 | 10.7x | -319.7x | 7.5x |
| Tue, 20 Feb 2024 | €3.8b | €462.6m | -€275,836,131.00 | 10.9x | -13.8x | 8.2x |
| Thu, 18 Jan 2024 | €3.5b | €462.5m | -€275,308,486.00 | 11.3x | -12.7x | 7.6x |
| Sat, 16 Dec 2023 | €3.3b | €462.5m | -€275,274,486.00 | 11.7x | -12.1x | 7.2x |
| Mon, 13 Nov 2023 | €6.3b | €810.6m | €249.4m | 6.4x | 25.4x | 7.8x |
| Wed, 11 Oct 2023 | €6.3b | €810.6m | €249.4m | 6.8x | 25.4x | 7.8x |
| Fri, 08 Sep 2023 | €7.0b | €857.4m | €262.2m | 10.8x | 26.7x | 8.2x |
| Sun, 06 Aug 2023 | €7.3b | €848.3m | €501.5m | 14.5x | 14.5x | 8.6x |
| Tue, 04 Jul 2023 | €7.2b | €847.7m | €502.5m | 20.4x | 14.4x | 8.5x |
| Thu, 01 Jun 2023 | €7.3b | €847.8m | €502.5m | 20.6x | 14.5x | 8.6x |
| Sat, 29 Apr 2023 | €7.9b | €858.1m | €505.9m | 21.7x | 15.7x | 9.2x |
| Mon, 27 Mar 2023 | €7.2b | €862.8m | €515.6m | 18.4x | 14.1x | 8.4x |
| Wed, 22 Feb 2023 | €7.9b | €964.1m | €1.5b | 5.7x | 5.4x | 8.2x |
| Fri, 20 Jan 2023 | €7.7b | €964.1m | €1.5b | 5.6x | 5.3x | 8x |
| Sun, 18 Dec 2022 | €7.5b | €964.1m | €1.5b | 5.5x | 5.1x | 7.7x |
| Tue, 15 Nov 2022 | €7.0b | €964.1m | €1.5b | 5.5x | 4.8x | 7.2x |
| Thu, 13 Oct 2022 | €6.0b | €964.0m | €1.5b | 4.9x | 4.1x | 6.2x |
| Sat, 10 Sep 2022 | €8.5b | €977.0m | €1.5b | 6.3x | 5.8x | 8.7x |
| Mon, 08 Aug 2022 | €9.5b | €1.1b | €1.3b | 6.3x | 7.2x | 8.6x |
| Wed, 06 Jul 2022 | €8.7b | €1.1b | €1.3b | 6.7x | 6.6x | 7.9x |
| Fri, 03 Jun 2022 | €9.8b | €1.1b | €1.3b | 6.9x | 7.4x | 8.8x |
| Sun, 01 May 2022 | €11.9b | €1.1b | €1.3b | 8.3x | 9.4x | 11.2x |
| Tue, 29 Mar 2022 | €11.7b | €1.2b | €1.3b | 8.6x | 9.3x | 9.7x |
| Thu, 24 Feb 2022 | €11.1b | €947.6m | €778.6m | 13.5x | 14.3x | 11.7x |
| Sat, 22 Jan 2022 | €11.5b | €947.6m | €778.6m | 13.8x | 14.7x | 12.1x |
| Mon, 20 Dec 2021 | €11.8b | €947.6m | €778.4m | 14.4x | 15.1x | 12.4x |
| Wed, 17 Nov 2021 | €11.4b | €947.0m | €771.7m | 14.8x | 14.8x | 12.1x |
| Fri, 15 Oct 2021 | €10.7b | €947.1m | €783.2m | 13x | 13.6x | 11.3x |
| Sun, 12 Sep 2021 | €10.2b | €950.8m | €783.8m | 12.3x | 13x | 10.7x |
| Tue, 10 Aug 2021 | €9.6b | €949.7m | €784.1m | 12x | 12.2x | 10.1x |
Price to Earnings Ratio
11.1x
Current Industry PE
- Investors are pessimistic on the Belgian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 8.9x is higher than the industry's current PS ratio of 7.9x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 19% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Belgian Real Estate industry?
| BE Market | -1.76% | |
| Real Estate | -1.90% | |
| Real Estate | -3.86% | |
| Diversified Real Estate | 1.88% | |
| Real Estate Development | -3.11% | |
| Real Estate Operating Companies | -3.94% | |
| Real Estate Services | -5.71% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 23.6x.
- Analysts are expecting annual earnings growth of 30.7%, which is lower than the prior year's growth of 44.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 93% over the next 5 years.
- This is better than its past earnings decline of 57% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| ATEB Atenor | €6.27 | 5.6% +€14.3m | -73.9% | PS3x | |
| SOFT Softimat | €1.10 | 8.9% +€338.8k | -54.2% | PS4.9x | |
| MLNEU Compagnie Financière de Neufcour | €10.60 | 3.9% +€145.3k | -5.4% | PS31.4x | |
| IMMOU Immo Moury | €30.40 | 0.7% +€92.4k | -20.4% | PE5.9x |