Etex (BE0941244536.BR) Stock Price

Etex Price

CLOSED
12.30EUR-0.70 (-5.53 %)
Market closed

Over the last 6 years Etex grew revenue by 4.5% annually, reaching 3.78 B EUR. Earnings per share have grown at 2.1% per year over the last 6 years. For Etex, the net margin of 4.4% is down versus 7.7% a few years ago.

Etex stock price

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Stock Price

How to Read This Chart

This chart tracks the historical stock price of Etex over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Etex stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Etex's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Etex Stock Price History
DateEtex Price
7/28/202612.30 EUR
7/21/202613.00 EUR
7/14/202612.00 EUR
7/7/202612.00 EUR
6/23/202613.40 EUR
6/16/202613.40 EUR
6/9/202613.60 EUR
6/2/202613.30 EUR
5/26/202613.20 EUR
5/19/202613.10 EUR
5/12/202613.00 EUR
Access this data via the Eulerpool API

Etex Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
2.90 B EUR
245.31 M EUR
144.73 M EUR
Jan 1, 2019
2.94 B EUR
292.32 M EUR
180.74 M EUR
Jan 1, 2020
2.62 B EUR
310.98 M EUR
201.26 M EUR
Jan 1, 2021
2.97 B EUR
397.51 M EUR
194.14 M EUR
Jan 1, 2022
3.71 B EUR
431.22 M EUR
210.31 M EUR
Jan 1, 2023
3.81 B EUR
466.00 M EUR
267.00 M EUR
Jan 1, 2024
3.78 B EUR
410.00 M EUR
166.00 M EUR

Etex Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 1, 2026, 10:43 AM
 
REVENUEB EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
SHARESM
2018201920202021202220232024
2.902.942.622.973.713.813.78
1.52-11.0513.6124.972.53-0.79
29.3530.4432.4331.9829.0330.8430.37
0.850.900.850.951.081.171.15
245.00292.00310.00397.00431.00466.00410.00
8.469.9311.8513.3611.6112.2410.86
144.00180.00201.00194.00210.00267.00166.00
25.0011.67-3.488.2527.14-37.83
78.0178.2178.2878.2878.1878.0079.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Etex generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Etex retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Etex's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Etex has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Etex's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Etex stock margins

The Etex margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Etex. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Etex.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
29.37 %
8.47 %
5.00 %
Jan 1, 2019
30.47 %
9.94 %
6.15 %
Jan 1, 2020
32.43 %
11.89 %
7.69 %
Jan 1, 2021
31.99 %
13.38 %
6.53 %
Jan 1, 2022
29.05 %
11.61 %
5.66 %
Jan 1, 2023
30.83 %
12.24 %
7.01 %
Jan 1, 2024
30.38 %
10.86 %
4.39 %

Etex Stock Revenue, EBIT, Earnings per Share

The Etex earnings per share therefore indicates how much revenue Etex has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
37.14 EUR
3.14 EUR
1.86 EUR
Jan 1, 2019
37.59 EUR
3.74 EUR
2.31 EUR
Jan 1, 2020
33.42 EUR
3.97 EUR
2.57 EUR
Jan 1, 2021
37.96 EUR
5.08 EUR
2.48 EUR
Jan 1, 2022
47.50 EUR
5.52 EUR
2.69 EUR
Jan 1, 2023
48.82 EUR
5.97 EUR
3.42 EUR
Jan 1, 2024
47.81 EUR
5.19 EUR
2.10 EUR

Etex business model & stock analysis

Etex NV is a Belgian company with over 170 years of history in the construction materials sector.

Etex SWOT Analysis

Strengths

Etex NV has several strengths that contribute to its competitive advantage:

  • Strong global presence with operations in multiple countries
  • Diverse product portfolio, offering a wide range of building materials
  • Established reputation for quality and reliability
  • Strong financial performance and stability
  • Well-developed distribution channels for efficient product delivery

Weaknesses

Despite its strengths, Etex NV also faces certain weaknesses:

  • Dependency on the construction industry, which is prone to economic fluctuations
  • Relatively high production costs compared to some competitors
  • Limited brand recognition and market presence in certain regions
  • Potential vulnerability to risks associated with global supply chain operations
  • Need for ongoing investment in research and development to stay competitive

Opportunities

Etex NV can capitalize on the following opportunities:

  • Rising global demand for sustainable and energy-efficient building materials
  • Exploration of emerging markets with increasing construction activities
  • Growth potential in the renovation and remodeling segment
  • Expansion of product offerings to meet evolving customer needs
  • Advancements in technology for improved production efficiency and product innovation

Threats

Etex NV faces various threats that could impact its performance:

  • Intense competition from both local and international building material manufacturers
  • Regulatory changes and compliance requirements in different markets
  • Volatility in raw material prices, affecting production costs
  • Economic downturns and fluctuations in global construction activities
  • Quality control and safety concerns related to products and manufacturing processes

Etex Eulerpool Fair Value

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Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Etex historical P/E ratio, EBIT multiple, and P/S ratio

Etex annual returns

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Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Etex shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
78.01 M Stocks
Jan 1, 2019
78.21 M Stocks
Jan 1, 2020
78.28 M Stocks
Jan 1, 2021
78.28 M Stocks
Jan 1, 2022
78.18 M Stocks
Jan 1, 2023
78.00 M Stocks
Jan 1, 2024
79.00 M Stocks
Price targets and forecasts for Etex are not yet available.

Etex shareholder structure

% Name
0.13900%
Value Square N.V.
Value Square N.V.
0.00671%
Lemanik Asset Management S.A.
Lemanik Asset Management S.A.

Etex Executives and Management Board

JB

Mr. Johan Van Biesbroeck

Chairman of the Board, Permanent Representative of JoVB BV · since 2018

BD

Mr. Bernard Delvaux

Chief Executive Officer, Director · since 2022

MV

Mr. Melchior De Vogue

(63)

Chief Financial Officer

LC

Ms. Louise Cail

Chief Human Resources Officer, Secretary

NA

Mr. Neil Ash

Head of Division Building Performance

Frequently asked questions about Etex

The business model of Etex NV is focused on manufacturing and supplying high-performance building materials globally. Etex NV operates in various market segments, including roofing, cladding, dry construction, and insulation. The company offers a wide range of innovative products and solutions, catering to the construction industry's needs, such as fiber cement boards, tiles, plasterboards, and ceiling solutions. Etex NV follows a customer-centric approach by providing sustainable and resilient building materials that enhance safety, comfort, and aesthetic appeal. With a strong emphasis on research and development, Etex NV aims to continuously improve its product portfolio and meet the evolving demands of the construction sector.

All fundamentals and in-depth analysis of Etex

Our stock analysis for Etex stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Etex. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.