BEL (FBEL.PA) Stock Price

BEL Price

🇫🇷Euronext·CLOSED
550.00EUR
Market closed
Today +/-
Today %

BEL (FBEL.PA) Stock | ISIN FR0000121857 | WKN 854249. The current BEL stock price is 550 EUR (2026). Market capitalization is 3.73 B EUR. BEL operates in the Non-cyclical consumption sector.

Revenue has compounded at 3.7% per year over the past 19 years to 3.46 B EUR. Earnings per share have grown at 5.6% per year over the last 19 years. BEL's net margin stands at 4.2%, down from 7.3% several years earlier. BEL currently offers a dividend yield of about 0.64%. The payout ratio is around 17% of earnings. The dividend has grown at 0.3% per year over the past 19 years.

BEL stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of BEL 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 BEL 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 BEL's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

BEL Stock Price History
DateBEL Price
Access this data via the Eulerpool API

BEL Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2001
1.75 B EUR
80.6 M EUR
51.1 M EUR
Jan 1, 2002
1.7 B EUR
66.4 M EUR
53 M EUR
Jan 1, 2003
2.08 B EUR
96.5 M EUR
21.9 M EUR
Jan 1, 2004
2.03 B EUR
100.9 M EUR
53.7 M EUR
Jan 1, 2005
1.73 B EUR
121.5 M EUR
71.9 M EUR
Jan 1, 2006
1.78 B EUR
135.1 M EUR
79.4 M EUR
Jan 1, 2007
1.97 B EUR
135.7 M EUR
95.2 M EUR
Jan 1, 2008
2.22 B EUR
108.1 M EUR
49.2 M EUR
Jan 1, 2009
2.22 B EUR
196 M EUR
85 M EUR
Jan 1, 2010
2.42 B EUR
211 M EUR
116.4 M EUR
Jan 1, 2011
2.53 B EUR
184.7 M EUR
96.1 M EUR
Jan 1, 2012
2.65 B EUR
238 M EUR
128.4 M EUR
Jan 1, 2013
2.72 B EUR
240.8 M EUR
125.8 M EUR
Jan 1, 2014
2.78 B EUR
214.56 M EUR
122.9 M EUR
Jan 1, 2015
2.95 B EUR
293.24 M EUR
184.45 M EUR

BEL Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 2:38 AM
 
REVENUE (B EUR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B EUR)
NET INCOME (M EUR)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
20132014201520162017201820192020
2.722.782.952.943.353.313.43.46
2.722.325.93-0.4414-1.052.781.53
30.2229.0333.6535.8829.3227.4528.4729.15
0.820.810.991.050.980.910.971.01
12512218421317996121143
-2.34-2.450.8215.76-15.96-46.3726.0418.18
6.96.86.876.796.876.876.876.87
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales BEL 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 BEL 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 BEL'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 BEL 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 BEL'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.

BEL stock margins

The BEL margin analysis displays the gross margin, EBIT margin, as well as the profit margin of BEL. 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 BEL.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2001
48.34 %
4.61 %
2.92 %
Jan 1, 2002
50.16 %
3.9 %
3.12 %
Jan 1, 2003
47.73 %
4.64 %
1.05 %
Jan 1, 2004
50.05 %
4.96 %
2.64 %
Jan 1, 2005
29.53 %
7.03 %
4.16 %
Jan 1, 2006
30.99 %
7.6 %
4.47 %
Jan 1, 2007
29.08 %
6.9 %
4.84 %
Jan 1, 2008
27.38 %
4.88 %
2.22 %
Jan 1, 2009
31.68 %
8.83 %
3.83 %
Jan 1, 2010
31.21 %
8.73 %
4.81 %
Jan 1, 2011
28.44 %
7.31 %
3.8 %
Jan 1, 2012
30.91 %
8.99 %
4.85 %
Jan 1, 2013
30.23 %
8.85 %
4.63 %
Jan 1, 2014
29.07 %
7.71 %
4.42 %
Jan 1, 2015
33.65 %
9.94 %
6.26 %

BEL Stock Revenue, EBIT, Earnings per Share

The BEL earnings per share therefore indicates how much revenue BEL 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, 2001
253.41 EUR
11.68 EUR
7.41 EUR
Jan 1, 2002
246.43 EUR
9.62 EUR
7.68 EUR
Jan 1, 2003
301.59 EUR
13.99 EUR
3.17 EUR
Jan 1, 2004
294.91 EUR
14.62 EUR
7.78 EUR
Jan 1, 2005
250.64 EUR
17.61 EUR
10.42 EUR
Jan 1, 2006
257.58 EUR
19.58 EUR
11.51 EUR
Jan 1, 2007
284.84 EUR
19.67 EUR
13.8 EUR
Jan 1, 2008
321.3 EUR
15.67 EUR
7.13 EUR
Jan 1, 2009
321.84 EUR
28.41 EUR
12.32 EUR
Jan 1, 2010
350.36 EUR
30.58 EUR
16.87 EUR
Jan 1, 2011
366.25 EUR
26.77 EUR
13.93 EUR
Jan 1, 2012
389.51 EUR
35 EUR
18.88 EUR
Jan 1, 2013
394.2 EUR
34.9 EUR
18.23 EUR
Jan 1, 2014
409.21 EUR
31.55 EUR
18.07 EUR
Jan 1, 2015
429.08 EUR
42.67 EUR
26.84 EUR

BEL business model & stock analysis

BEL SA is a company founded in Belgium in 1929 that has undergone continuous development. Today, the company focuses on innovative technologies and offers customized solutions for machinery and plant engineering, energy, mining, chemical, and petroleum industries. Its main business areas include drive technology, power generation, automation, and conveyor technology. BEL SA specializes in customer-specific solutions and takes a pioneering role in the introduction of new technologies and processes. The company offers products such as steam turbines, gas and diesel engines, as well as generators and power generation systems. It also provides services such as maintenance, repair, and inspection to ensure longevity and high efficiency. In the field of automation, BEL SA offers a wide range of solutions for industrial plant and machinery automation, including control systems, visualization, modern controls, robotics, and process control. This guarantees higher productivity, lower operating costs, and better quality of its customers' products. Conveyor technology is another important area in which BEL SA is active. The company offers specialized solutions for handling bulk and packaged goods, with a wide range of components and equipment. Over the years, BEL SA has continuously expanded and optimized its expertise and range of products and services. It has become a leading global provider of technical solutions and services, with a strong focus on customer orientation and reliability. One of the key features of BEL SA is its ability to adapt to the individual needs of its customers with its broad range of technologies and solutions. With a focused and highly motivated team of professionals, the company develops and delivers customized solutions in a timely and reliable manner, always tailored to the latest market developments. Reliability, quality, and environmental aspects are of utmost importance to BEL SA. Its products and solutions meet all certified quality standards and are environmentally friendly. The company has long maintained a traditional relationship between economic success and sustainable development, and is committed to environmental and climate protection in various ways. In summary, BEL SA is an innovative and flexible partner that offers its customers technical solutions of the highest quality and competence. Its extensive range of specialized products and services, combined with a first-class team of employees actively involved in the development and delivery of solutions, are the guarantee for the company's success story. BEL SA is a company that continuously invests in new technologies and advances technical progress.

BEL SWOT Analysis

Strengths

BEL SA possesses several key strengths that contribute to its success in the market. Firstly, the company benefits from a strong brand reputation, built over years of delivering high-quality products and services. This strong brand presence provides a competitive advantage and helps attract loyal customers. Secondly, BEL SA has a highly skilled and experienced workforce, enabling them to produce innovative and reliable solutions. This expertise allows the company to stay ahead of competitors and meet customer demands effectively.

Weaknesses

Despite its strengths, BEL SA also faces certain weaknesses that need to be addressed. One major weakness is its limited geographical presence, primarily focused on specific regions. This can restrict market reach and growth opportunities. Additionally, the company's heavy reliance on a few key suppliers poses a potential risk for supply chain disruptions. Addressing these weaknesses will be crucial for sustained growth and expansion.

Opportunities

Bel SA operates in a dynamic market with several opportunities for growth and development. The increasing demand for its products and services driven by technological advancements provides a favorable market environment. Furthermore, emerging markets offer untapped potential for expansion. By diversifying its product offerings or entering new geographic markets, BEL SA can capitalize on these opportunities and drive growth.

Threats

Bel SA faces various threats in its operating environment that can impact its business. Intense competition within the industry poses a challenge as competitors constantly strive to gain market share. Moreover, changing customer preferences and the risk of disruptive technologies may require the company to adapt quickly to stay relevant. Additionally, economic fluctuations and political instability in certain markets could negatively affect the business. Anticipating and effectively managing these threats will be crucial for sustained success.

BEL Eulerpool Fair Value

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

BEL annual returns

Details

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.

BEL shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2001
6.9 M base_Shares
Jan 1, 2002
6.9 M base_Shares
Jan 1, 2003
6.9 M base_Shares
Jan 1, 2004
6.9 M base_Shares
Jan 1, 2005
6.9 M base_Shares
Jan 1, 2006
6.9 M base_Shares
Jan 1, 2007
6.9 M base_Shares
Jan 1, 2008
6.9 M base_Shares
Jan 1, 2009
6.9 M base_Shares
Jan 1, 2010
6.9 M base_Shares
Jan 1, 2011
6.9 M base_Shares
Jan 1, 2012
6.8 M base_Shares
Jan 1, 2013
6.9 M base_Shares
Jan 1, 2014
6.8 M base_Shares
Jan 1, 2015
6.87 M base_Shares

BEL Dividend History

21 years of dividend payments

YearAnnual DividendYoY ChangePayments
20203.5EUR 29.3%
20194.95EUR 29.3%
20187EUR 28.2%
20179.75EUR 8.3%
20169EUR 44.0%
20156.25EUR 0.0%
20146.25EUR 0.0%
20136.25EUR 25.0%
20125EUR 16.7%
20116EUR 23.7%

BEL dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2001
44.96 %
Jan 1, 2002
43.35 %
Jan 1, 2003
132.33 %
Jan 1, 2004
57.82 %
Jan 1, 2005
240.4 %
Jan 1, 2006
30.42 %
Jan 1, 2007
32.62 %
Jan 1, 2008
63.11 %
Jan 1, 2009
22.32 %
Jan 1, 2010
28.75 %
Jan 1, 2011
43.08 %
Jan 1, 2012
26.48 %
Jan 1, 2013
34.28 %
Jan 1, 2014
34.59 %
Jan 1, 2015
23.29 %
Price targets and forecasts for BEL are not yet available.

BEL shareholder structure

% Name
98.60597%
Family (Fiévet-Bel)
Family (Fiévet-Bel)
0.91102%
Besnier Family
Besnier Family
0.18403%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.04098%
DNCA Investments
DNCA Investments
0.02186%
HMG Finance S.A.
HMG Finance S.A.
0.0089%
Schoch (Bruno)
Schoch (Bruno)
0.00295%
Fastea Capital
Fastea Capital
%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
%
Gesiuris Asset Management S.G.I.I.C., S.A.
Gesiuris Asset Management S.G.I.I.C., S.A.
%
FundShare Fund Management B.V.
FundShare Fund Management B.V.

BEL Executives and Management Board

GB

Mr. Gerard Boivin

(68)

Chairman of the Board and Managing Director, Member of the Executive Committee

Compensation1.81 M EUR
AF

Mr. Antoine Fievet

(57)

Chairman of the Board and Chief Executive Officer, Member of the Management Committee · since 2009

Compensation1.1 M EUR
BS

Mr. Bruno Schoch

(56)

Deputy Chief Executive Officer - Finance and Legal Affairs, Information Systems, Group Development, Member of the Management Committee · since 2008

Compensation462,843 EUR
FC

Francis Le Cam

(65)

Deputy Chief Executive Officer - Group Operations, Member of the Management Committee · since 2012

Compensation462,815 EUR
FS

Mr. Florian Sauvin

(39)

Director · since 2009

Compensation103,781 EUR
...

Frequently asked questions about BEL

BEL SA is a leading company in the electronics industry, specializing in the development, manufacturing, and distribution of a wide range of products. The business model of BEL SA revolves around providing innovative solutions for various sectors including automotive, aerospace, telecommunications, and consumer electronics. With a strong focus on research and development, BEL SA continuously strives to deliver cutting-edge technologies and high-quality products to its customers. By consistently adapting to market demands and fostering strong partnerships, BEL SA has successfully established itself as a reliable and competitive player in the electronics industry.

All fundamentals and in-depth analysis of BEL

Our stock analysis for BEL Revenue 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 BEL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.