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BEKB (Bekaert) Stock Analysis
Buy, Hold or Sell?

Let's analyze Bekaert together

I guess you are interested in NV Bekaert SA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Bekaert’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Bekaert’s Price Targets

I'm going to help you getting a better view of NV Bekaert SA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Bekaert (30 sec.)










1.2. What can you expect buying and holding a share of Bekaert? (30 sec.)

How much money do you get?

How much money do you get?
€8.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€44.01
Expected worth in 1 year
€59.26
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
€22.43
Return On Investment
63.1%

For what price can you sell your share?

Current Price per Share
€35.55
Expected price per share
€26.27 - €38.45
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Bekaert (5 min.)




Live pricePrice per Share (EOD)
€35.55
Intrinsic Value Per Share
€-8.16 - €43.08
Total Value Per Share
€35.85 - €87.08

2.2. Growth of Bekaert (5 min.)




Is Bekaert growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7b$2.5b$171.6m6.3%

How much money is Bekaert making?

Current yearPrevious yearGrowGrow %
Making money$281.4m$299.9m-$18.5m-6.6%
Net Profit Margin6.0%5.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Bekaert (5 min.)




2.4. Comparing to competitors in the Metal Fabrication industry (5 min.)




  Industry Rankings (Metal Fabrication)  


Richest
#5 / 167

Most Revenue
#4 / 167

Most Profit
#1 / 167
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Bekaert?

Welcome investor! Bekaert's management wants to use your money to grow the business. In return you get a share of Bekaert.

First you should know what it really means to hold a share of Bekaert. And how you can make/lose money.

Speculation

The Price per Share of Bekaert is €35.55. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Bekaert.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bekaert, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €44.01. Based on the TTM, the Book Value Change Per Share is €3.81 per quarter. Based on the YOY, the Book Value Change Per Share is €0.85 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €1.79 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bekaert.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps5.3615.1%5.3615.1%5.5715.7%5.5015.5%5.4615.4%3.6610.3%
Usd Book Value Change Per Share4.4912.6%4.4912.6%1.002.8%2.988.4%3.9911.2%2.055.8%
Usd Dividend Per Share2.115.9%2.115.9%1.945.4%1.955.5%1.474.1%1.253.5%
Usd Total Gains Per Share6.6018.6%6.6018.6%2.938.2%4.9313.9%5.4715.4%3.309.3%
Usd Price Per Share39.41-39.41-54.80-45.65-43.01-39.28-
Price to Earnings Ratio7.36-7.36-9.85-8.28-8.66-16.27-
Price-to-Total Gains Ratio5.97-5.97-18.69-10.93-5.21-19.21-
Price to Book Ratio0.76-0.76-1.16-0.95-1.01-1.08-
Price-to-Total Gains Ratio5.97-5.97-18.69-10.93-5.21-19.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share41.874345
Number of shares23
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share2.111.47
Usd Book Value Change Per Share4.493.99
Usd Total Gains Per Share6.605.47
Gains per Quarter (23 shares)151.89125.70
Gains per Year (23 shares)607.55502.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1194413598136367493
23898271206271734996
35831240181440711021499
47771653242254214692002
59712066303067818362505
611662480363881422033008
713602893424694925703511
8155433064854108529384014
9174937195462122033054517
10194341336070135636725020

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%21.02.00.091.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%17.06.00.073.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%23.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%19.04.00.082.6%
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3.2. Key Performance Indicators

The key performance indicators of NV Bekaert SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.8143.8140%0.846+351%2.534+50%3.388+13%1.741+119%
Book Value Per Share--44.00744.0070%40.193+9%41.183+7%36.778+20%31.412+40%
Current Ratio--1.7231.7230%1.912-10%1.763-2%1.719+0%1.635+5%
Debt To Asset Ratio--0.4450.4450%0.469-5%0.485-8%0.534-17%0.586-24%
Debt To Equity Ratio--0.8190.8190%0.906-10%0.992-17%1.263-35%1.587-48%
Dividend Per Share--1.7931.7930%1.643+9%1.654+8%1.251+43%1.063+69%
Enterprise Value--414289923.820414289923.8200%1224697219.400-66%603647559.660-31%398847153.612+4%-37259312.376+109%
Eps--4.5484.5480%4.725-4%4.672-3%4.636-2%3.105+46%
Ev To Ebitda Ratio--0.9180.9180%2.540-64%1.266-27%0.796+15%-0.255+128%
Ev To Sales Ratio--0.1050.1050%0.283-63%0.139-25%0.090+16%-0.012+111%
Free Cash Flow Per Share--2.8982.8980%4.265-32%3.300-12%4.010-28%3.947-27%
Free Cash Flow To Equity Per Share---2.944-2.9440%-4.682+59%-2.655-10%-1.789-39%-0.635-78%
Gross Profit Margin--0.3360.3360%0.372-10%0.315+7%0.254+32%-0.680+302%
Intrinsic Value_10Y_max--43.076----------
Intrinsic Value_10Y_min---8.157----------
Intrinsic Value_1Y_max--4.085----------
Intrinsic Value_1Y_min--2.285----------
Intrinsic Value_3Y_max--12.451----------
Intrinsic Value_3Y_min--4.220----------
Intrinsic Value_5Y_max--21.029----------
Intrinsic Value_5Y_min--3.239----------
Market Cap1806348825.000+3%1757712923.8201757712923.8200%2506967219.400-30%2106803892.993-17%2063511953.612-15%1930611787.624-9%
Net Profit Margin--0.0600.0600%0.059+3%0.056+9%0.057+6%0.041+49%
Operating Margin--0.0750.0750%0.071+5%0.067+11%0.074+1%0.062+20%
Operating Ratio--0.9250.9250%0.923+0%0.9270%0.922+0%0.932-1%
Pb Ratio0.808+6%0.7600.7600%1.157-34%0.947-20%1.010-25%1.083-30%
Pe Ratio7.817+6%7.3577.3570%9.846-25%8.283-11%8.665-15%16.274-55%
Price Per Share35.550+6%33.46033.4600%46.520-28%38.753-14%36.512-8%33.344+0%
Price To Free Cash Flow Ratio12.268+6%11.54711.5470%10.908+6%11.902-3%9.996+16%0.548+2006%
Price To Total Gains Ratio6.341+6%5.9685.9680%18.689-68%10.925-45%5.211+15%19.206-69%
Quick Ratio--1.0041.0040%1.173-14%1.047-4%1.073-6%1.036-3%
Return On Assets--0.0570.0570%0.062-8%0.058-2%0.058-1%0.040+43%
Return On Equity--0.1060.1060%0.121-12%0.118-11%0.131-19%0.098+8%
Total Gains Per Share--5.6065.6060%2.489+125%4.188+34%4.640+21%2.804+100%
Usd Book Value--2723031527.2002723031527.2000%2551365559.100+7%2633530366.233+3%2435913926.180+12%2129665933.470+28%
Usd Book Value Change Per Share--4.4924.4920%0.996+351%2.985+50%3.991+13%2.050+119%
Usd Book Value Per Share--51.83651.8360%47.344+9%48.509+7%43.320+20%37.000+40%
Usd Dividend Per Share--2.1122.1120%1.936+9%1.948+8%1.474+43%1.253+69%
Usd Enterprise Value--487992101.268487992101.2680%1442570854.731-66%711036460.524-31%469802062.240+4%-43887744.048+109%
Usd Eps--5.3575.3570%5.565-4%5.504-3%5.461-2%3.658+46%
Usd Free Cash Flow--179299938.000179299938.0000%270709689.600-34%210921841.400-15%273844552.660-35%266505293.340-33%
Usd Free Cash Flow Per Share--3.4133.4130%5.023-32%3.887-12%4.724-28%4.649-27%
Usd Free Cash Flow To Equity Per Share---3.467-3.4670%-5.514+59%-3.127-10%-2.107-39%-0.748-78%
Usd Market Cap2127698280.968+3%2070410052.9682070410052.9680%2952956687.731-30%2481604305.557-17%2430610730.160-15%2274067624.642-9%
Usd Price Per Share41.874+6%39.41339.4130%54.796-28%45.648-14%43.007-8%39.275+0%
Usd Profit--281405021.600281405021.6000%299915720.100-6%299336585.933-6%306520440.980-8%208969236.570+35%
Usd Revenue--4661909110.6004661909110.6000%5097823986.800-9%5472325512.800-15%5312218041.820-12%5025132597.470-7%
Usd Total Gains Per Share--6.6046.6040%2.932+125%4.933+34%5.465+21%3.303+100%
 EOD+4 -4MRQTTM+0 -0YOY+18 -223Y+19 -215Y+23 -1710Y+28 -12

3.3 Fundamental Score

Let's check the fundamental score of NV Bekaert SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.817
Price to Book Ratio (EOD)Between0-10.808
Net Profit Margin (MRQ)Greater than00.060
Operating Margin (MRQ)Greater than00.075
Quick Ratio (MRQ)Greater than11.004
Current Ratio (MRQ)Greater than11.723
Debt to Asset Ratio (MRQ)Less than10.445
Debt to Equity Ratio (MRQ)Less than10.819
Return on Equity (MRQ)Greater than0.150.106
Return on Assets (MRQ)Greater than0.050.057
Total9/10 (90.0%)

3.4 Technical Score

Let's check the technical score of NV Bekaert SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.545
Ma 20Greater thanMa 5034.570
Ma 50Greater thanMa 10034.333
Ma 100Greater thanMa 20033.498
OpenGreater thanClose35.750
Total5/5 (100.0%)

4. In-depth Analysis

4.1 About NV Bekaert SA

NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four segments: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. The Rubber Reinforcement Business segment develops, manufactures, and supplies steel cord and bead wire reinforcement solutions for the tire sector. The Steel Wire Solutions Business segment develops, manufactures, and supplies a range of steel wire products and solutions for sectors, including energy and utilities, mining, construction, agriculture, automotive, and consumer goods. The Specialty Business segment develops and manufactures reinforce concrete, masonry, plaster, and asphalt; reinforcement solutions for hoses and belts; fiber technologies, heating technologies, ultrafine wire, and hydrogen for energy transition markets. The Bridon-Bekaert Ropes Group segment offers steel wire and synthetic ropes for surface and underground mining, offshore and onshore energy, crane and industrial, fishing and marine, and structures; and develops and supplies fine steel cords for elevator and timing belts used in construction and equipment markets, window regulator and heating cords for the automotive sector, and Armofor thermoplastic tapes for light-weight pipes in energy markets. NV Bekaert SA was founded in 1880 and is based in Zwevegem, Belgium.

Fundamental data was last updated by Penke on 2025-06-17 18:17:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Bekaert earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • A Net Profit Margin of 6.0%Β means thatΒ €0.06 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NV Bekaert SA:

  • The MRQ is 6.0%. The company is making a profit. +1
  • The TTM is 6.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.0%TTM6.0%0.0%
TTM6.0%YOY5.9%+0.2%
TTM6.0%5Y5.7%+0.3%
5Y5.7%10Y4.1%+1.7%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0%2.7%+3.3%
TTM6.0%2.7%+3.3%
YOY5.9%2.4%+3.5%
3Y5.6%2.5%+3.1%
5Y5.7%2.9%+2.8%
10Y4.1%3.4%+0.7%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Bekaert is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • 5.7% Return on Assets means thatΒ Bekaert generatedΒ €0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NV Bekaert SA:

  • The MRQ is 5.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.7%TTM5.7%0.0%
TTM5.7%YOY6.2%-0.5%
TTM5.7%5Y5.8%-0.1%
5Y5.8%10Y4.0%+1.8%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7%0.7%+5.0%
TTM5.7%0.7%+5.0%
YOY6.2%0.8%+5.4%
3Y5.8%0.9%+4.9%
5Y5.8%1.1%+4.7%
10Y4.0%1.0%+3.0%
4.3.1.3. Return on Equity

Shows how efficient Bekaert is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • 10.6% Return on Equity means Bekaert generated €0.11Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NV Bekaert SA:

  • The MRQ is 10.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.6%TTM10.6%0.0%
TTM10.6%YOY12.1%-1.5%
TTM10.6%5Y13.1%-2.5%
5Y13.1%10Y9.8%+3.3%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ10.6%1.4%+9.2%
TTM10.6%1.6%+9.0%
YOY12.1%1.5%+10.6%
3Y11.8%1.6%+10.2%
5Y13.1%1.9%+11.2%
10Y9.8%1.8%+8.0%
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4.3.2. Operating Efficiency of NV Bekaert SA.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Bekaert is operatingΒ .

  • Measures how much profit Bekaert makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • An Operating Margin of 7.5%Β means the company generated €0.07 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NV Bekaert SA:

  • The MRQ is 7.5%. The company is operating less efficient.
  • The TTM is 7.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.5%TTM7.5%0.0%
TTM7.5%YOY7.1%+0.3%
TTM7.5%5Y7.4%+0.1%
5Y7.4%10Y6.2%+1.2%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5%7.6%-0.1%
TTM7.5%5.1%+2.4%
YOY7.1%3.0%+4.1%
3Y6.7%2.3%+4.4%
5Y7.4%3.9%+3.5%
10Y6.2%4.5%+1.7%
4.3.2.2. Operating Ratio

Measures how efficient Bekaert is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Metal Fabrication industry mean).
  • An Operation Ratio of 0.93 means that the operating costs are €0.93 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of NV Bekaert SA:

  • The MRQ is 0.925. The company is less efficient in keeping operating costs low.
  • The TTM is 0.925. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.925TTM0.9250.000
TTM0.925YOY0.923+0.002
TTM0.9255Y0.922+0.003
5Y0.92210Y0.932-0.010
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9251.701-0.776
TTM0.9251.536-0.611
YOY0.9231.089-0.166
3Y0.9271.301-0.374
5Y0.9221.180-0.258
10Y0.9321.138-0.206
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4.4.3. Liquidity of NV Bekaert SA.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Bekaert is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Metal Fabrication industry mean).
  • A Current Ratio of 1.72Β means the company has €1.72 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of NV Bekaert SA:

  • The MRQ is 1.723. The company is able to pay all its short-term debts. +1
  • The TTM is 1.723. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.723TTM1.7230.000
TTM1.723YOY1.912-0.188
TTM1.7235Y1.719+0.004
5Y1.71910Y1.635+0.084
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7231.756-0.033
TTM1.7231.802-0.079
YOY1.9121.901+0.011
3Y1.7631.864-0.101
5Y1.7191.904-0.185
10Y1.6351.766-0.131
4.4.3.2. Quick Ratio

Measures if Bekaert is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • A Quick Ratio of 1.00Β means the company can pay off €1.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NV Bekaert SA:

  • The MRQ is 1.004. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.004. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.004TTM1.0040.000
TTM1.004YOY1.173-0.169
TTM1.0045Y1.073-0.069
5Y1.07310Y1.036+0.037
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0040.737+0.267
TTM1.0040.796+0.208
YOY1.1731.014+0.159
3Y1.0470.981+0.066
5Y1.0731.034+0.039
10Y1.0361.009+0.027
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4.5.4. Solvency of NV Bekaert SA.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of BekaertΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Bekaert to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.44Β means that Bekaert assets areΒ financed with 44.5% credit (debt) and the remaining percentage (100% - 44.5%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of NV Bekaert SA:

  • The MRQ is 0.445. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.445. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.445TTM0.4450.000
TTM0.445YOY0.469-0.025
TTM0.4455Y0.534-0.089
5Y0.53410Y0.586-0.052
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4450.472-0.027
TTM0.4450.464-0.019
YOY0.4690.469+0.000
3Y0.4850.482+0.003
5Y0.5340.470+0.064
10Y0.5860.472+0.114
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Bekaert is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • A Debt to Equity ratio of 81.9% means that company has €0.82 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NV Bekaert SA:

  • The MRQ is 0.819. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.819. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.819TTM0.8190.000
TTM0.819YOY0.906-0.087
TTM0.8195Y1.263-0.444
5Y1.26310Y1.587-0.324
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8190.889-0.070
TTM0.8190.891-0.072
YOY0.9060.903+0.003
3Y0.9920.948+0.044
5Y1.2630.971+0.292
10Y1.5870.955+0.632
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings Bekaert generates.

  • Above 15 is considered overpriced butΒ always compareΒ Bekaert to theΒ Metal Fabrication industry mean.
  • A PE ratio of 7.36 means the investor is paying €7.36Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NV Bekaert SA:

  • The EOD is 7.817. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.357. Based on the earnings, the company is cheap. +2
  • The TTM is 7.357. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.817MRQ7.357+0.460
MRQ7.357TTM7.3570.000
TTM7.357YOY9.846-2.489
TTM7.3575Y8.665-1.307
5Y8.66510Y16.274-7.609
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD7.81713.895-6.078
MRQ7.35712.558-5.201
TTM7.35713.207-5.850
YOY9.84613.497-3.651
3Y8.28314.377-6.094
5Y8.66516.275-7.610
10Y16.27418.158-1.884
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NV Bekaert SA:

  • The EOD is 12.268. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.547. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.547. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.268MRQ11.547+0.721
MRQ11.547TTM11.5470.000
TTM11.547YOY10.908+0.639
TTM11.5475Y9.996+1.551
5Y9.99610Y0.548+9.448
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD12.268-1.357+13.625
MRQ11.547-1.328+12.875
TTM11.5471.145+10.402
YOY10.9081.932+8.976
3Y11.9021.237+10.665
5Y9.9961.049+8.947
10Y0.5480.721-0.173
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Bekaert is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Metal Fabrication industry mean).
  • A PB ratio of 0.76 means the investor is paying €0.76Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of NV Bekaert SA:

  • The EOD is 0.808. Based on the equity, the company is cheap. +2
  • The MRQ is 0.760. Based on the equity, the company is cheap. +2
  • The TTM is 0.760. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.808MRQ0.760+0.047
MRQ0.760TTM0.7600.000
TTM0.760YOY1.157-0.397
TTM0.7605Y1.010-0.250
5Y1.01010Y1.083-0.073
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD0.8081.484-0.676
MRQ0.7601.461-0.701
TTM0.7601.449-0.689
YOY1.1571.599-0.442
3Y0.9471.703-0.756
5Y1.0101.921-0.911
10Y1.0832.049-0.966
4.6.2. Total Gains per Share

2.4. Latest News of NV Bekaert SA

Does NV Bekaert SA still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from NV Bekaert SA to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-06-20
08:15
Bekaert - Update on the Share Buyback Program and Liquidity AgreementRead
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-12-312021-12-312022-12-312023-12-312024-12-31
Net Debt  669,315-155,262514,053-6,152507,901-240,652267,249-771,633-504,384



6.2. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets4,161,887
Total Liabilities1,850,119
Total Stockholder Equity2,258,079
 As reported
Total Liabilities 1,850,119
Total Stockholder Equity+ 2,258,079
Total Assets = 4,161,887

Assets

Total Assets4,161,887
Total Current Assets2,151,568
Long-term Assets2,010,319
Total Current Assets
Cash And Cash Equivalents 504,384
Short-term Investments 2,312
Net Receivables 744,013
Inventory 833,987
Other Current Assets 65,838
Total Current Assets  (as reported)2,151,568
Total Current Assets  (calculated)2,150,534
+/- 1,034
Long-term Assets
Property Plant Equipment 1,345,115
Goodwill 166,406
Intangible Assets 92,877
Long-term Assets Other 103,322
Long-term Assets  (as reported)2,010,319
Long-term Assets  (calculated)1,707,720
+/- 302,599

Liabilities & Shareholders' Equity

Total Current Liabilities1,248,622
Long-term Liabilities601,497
Total Stockholder Equity2,258,079
Total Current Liabilities
Accounts payable 668,111
Other Current Liabilities 508,981
Total Current Liabilities  (as reported)1,248,622
Total Current Liabilities  (calculated)1,177,092
+/- 71,530
Long-term Liabilities
Long-term Liabilities Other 1,356
Long-term Liabilities  (as reported)601,497
Long-term Liabilities  (calculated)1,356
+/- 600,141
Total Stockholder Equity
Common Stock159,782
Retained Earnings 2,249,232
Other Stockholders Equity -150,935
Total Stockholder Equity (as reported)2,258,079
Total Stockholder Equity (calculated)2,258,079
+/-0
Other
Capital Stock159,782
Cash and Short Term Investments 506,696
Common Stock Shares Outstanding 52,532
Liabilities and Stockholders Equity 4,161,887
Net Debt -504,384
Net Invested Capital 2,258,079
Net Working Capital 902,946
Property Plant and Equipment Gross 1,345,115



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
1,922,094
1,925,760
2,189,347
2,231,672
2,216,850
2,312,557
2,667,164
2,829,513
3,673,137
4,169,105
3,667,698
3,380,457
3,957,715
3,882,409
4,304,313
4,444,731
4,449,489
4,362,139
4,348,529
4,845,865
4,846,193
4,081,224
4,161,887
4,161,8874,081,2244,846,1934,845,8654,348,5294,362,1394,449,4894,444,7314,304,3133,882,4093,957,7153,380,4573,667,6984,169,1053,673,1372,829,5132,667,1642,312,5572,216,8502,231,6722,189,3471,925,7601,922,094
   > Total Current Assets 
747,525
756,936
948,251
992,458
914,269
977,079
1,258,456
1,293,989
1,907,264
2,269,087
1,921,066
1,771,817
2,106,873
1,960,422
2,167,785
2,320,506
2,399,930
2,256,647
2,465,597
2,871,567
2,854,234
2,194,907
2,151,568
2,151,5682,194,9072,854,2342,871,5672,465,5972,256,6472,399,9302,320,5062,167,7851,960,4222,106,8731,771,8171,921,0662,269,0871,907,2641,293,9891,258,456977,079914,269992,458948,251756,936747,525
       Cash And Cash Equivalents 
52,381
50,468
57,059
132,248
52,139
58,063
104,761
121,171
338,238
293,856
352,312
391,857
458,542
401,771
365,546
418,779
398,273
566,176
940,416
677,270
728,095
631,687
504,384
504,384631,687728,095677,270940,416566,176398,273418,779365,546401,771458,542391,857352,312293,856338,238121,171104,76158,06352,139132,24857,05950,46852,381
       Short-term Investments 
0
0
41,836
-186
0
15,179
13,560
154,636
104,699
382,607
104,792
10,172
14,160
10,216
5,342
50,406
50,036
50,039
50,077
80,058
4,766
1,238
2,312
2,3121,2384,76680,05850,07750,03950,03650,4065,34210,21614,16010,172104,792382,607104,699154,63613,56015,1790-18641,83600
       Net Receivables 
353,815
345,489
425,328
408,769
452,865
496,954
536,267
597,063
890,631
934,909
673,434
693,433
933,912
888,428
918,803
1,025,665
977,923
822,704
749,697
954,919
927,228
712,561
744,013
744,013712,561927,228954,919749,697822,704977,9231,025,665918,803888,428933,912693,433673,434934,909890,631597,063536,267496,954452,865408,769425,328345,489353,815
       Inventory 
311,826
322,642
419,300
348,330
368,764
385,443
510,541
358,413
507,650
577,935
567,665
539,265
640,807
628,731
724,500
779,581
931,808
783,030
683,477
1,121,219
1,143,096
788,506
833,987
833,987788,5061,143,0961,121,219683,477783,030931,808779,581724,500628,731640,807539,265567,665577,935507,650358,413510,541385,443368,764348,330419,300322,642311,826
   > Long-term Assets 
1,174,569
1,168,824
1,241,096
1,239,214
1,302,581
1,335,478
1,408,708
1,535,524
1,765,873
1,900,018
1,746,632
1,509,668
1,730,003
1,779,792
1,979,454
1,964,333
1,892,396
2,105,492
1,882,932
1,974,298
1,991,959
1,886,317
2,010,319
2,010,3191,886,3171,991,9591,974,2981,882,9322,105,4921,892,3961,964,3331,979,4541,779,7921,730,0031,509,6681,746,6321,900,0181,765,8731,535,5241,408,7081,335,4781,302,5811,239,2141,241,0961,168,8241,174,569
       Property Plant Equipment 
777,586
757,564
791,620
799,762
824,158
917,617
1,070,667
1,127,714
1,295,115
1,433,601
1,377,541
1,239,058
1,432,803
1,490,454
1,514,714
1,501,028
1,459,449
1,498,708
1,324,388
1,385,930
1,368,791
1,252,973
1,345,115
1,345,1151,252,9731,368,7911,385,9301,324,3881,498,7081,459,4491,501,0281,514,7141,490,4541,432,8031,239,0581,377,5411,433,6011,295,1151,127,7141,070,667917,617824,158799,762791,620757,564777,586
       Goodwill 
72,178
70,917
133,977
79,879
76,965
70,118
59,133
54,302
58,097
20,908
16,941
16,369
18,483
35,699
152,345
149,895
149,255
149,784
149,398
150,674
152,567
152,072
166,406
166,406152,072152,567150,674149,398149,784149,255149,895152,34535,69918,48316,36916,94120,90858,09754,30259,13370,11876,96579,879133,97770,91772,178
       Intangible Assets 
54,950
48,542
-15,557
45,524
57,510
51,887
52,332
50,709
73,051
82,640
82,260
74,930
107,060
117,997
148,314
131,586
117,460
210,050
204,062
208,000
214,716
68,670
92,877
92,87768,670214,716208,000204,062210,050117,460131,586148,314117,997107,06074,93082,26082,64073,05150,70952,33251,88757,51045,524-15,55748,54254,950
       Long-term Assets Other 
259,190
276,737
128,681
-90,788
90,591
90,030
31,520
195,245
136,827
403,485
137,219
-77,551
-101,267
-180,204
-207,945
-186,980
-187,169
-132,796
-123,867
-120,635
-130,659
140,855
103,322
103,322140,855-130,659-120,635-123,867-132,796-187,169-186,980-207,945-180,204-101,267-77,551137,219403,485136,827195,24531,52090,03090,591-90,788128,681276,737259,190
> Total Liabilities 
1,119,348
1,103,466
1,230,808
1,101,394
1,095,503
1,165,971
1,494,832
1,455,932
1,976,510
2,402,683
2,063,984
1,876,581
2,391,503
2,370,758
2,706,420
2,861,695
2,933,487
2,830,599
2,813,474
2,748,202
2,616,637
1,915,195
1,850,119
1,850,1191,915,1952,616,6372,748,2022,813,4742,830,5992,933,4872,861,6952,706,4202,370,7582,391,5031,876,5812,063,9842,402,6831,976,5101,455,9321,494,8321,165,9711,095,5031,101,3941,230,8081,103,4661,119,348
   > Total Current Liabilities 
456,683
499,516
704,212
558,422
594,497
640,464
981,148
634,956
1,039,631
1,264,714
953,811
971,615
1,186,922
1,287,346
1,201,933
1,412,961
2,026,947
1,405,973
1,589,286
1,635,859
1,724,220
1,148,204
1,248,622
1,248,6221,148,2041,724,2201,635,8591,589,2861,405,9732,026,9471,412,9611,201,9331,287,3461,186,922971,615953,8111,264,7141,039,631634,956981,148640,464594,497558,422704,212499,516456,683
       Short-term Debt 
138,376
168,103
314,370
246,670
217,952
252,953
0
151,360
320,315
648,485
342,549
321,907
441,552
501,224
297,915
454,401
942,041
424,185
641,655
237,742
500,589
252,283
0
0252,283500,589237,742641,655424,185942,041454,401297,915501,224441,552321,907342,549648,485320,315151,3600252,953217,952246,670314,370168,103138,376
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
404,457
621,909
217,523
480,587
230,713
0
0230,713480,587217,523621,909404,45700000000000000000
       Accounts payable 
184,921
191,417
278,871
229,177
227,827
231,745
253,824
247,131
341,664
290,635
321,760
338,864
390,943
456,783
556,361
665,196
778,438
652,384
668,422
1,062,185
921,113
632,950
668,111
668,111632,950921,1131,062,185668,422652,384778,438665,196556,361456,783390,943338,864321,760290,635341,664247,131253,824231,745227,827229,177278,871191,417184,921
       Other Current Liabilities 
128,248
132,707
79,328
72,393
132,448
143,124
709,174
197,063
282,986
249,914
186,411
192,536
222,700
223,507
245,974
164,709
207,081
246,993
209,984
225,447
236,338
187,256
508,981
508,981187,256236,338225,447209,984246,993207,081164,709245,974223,507222,700192,536186,411249,914282,986197,063709,174143,124132,44872,39379,328132,707128,248
   > Long-term Liabilities 
662,665
603,950
526,596
542,972
501,006
525,507
513,684
820,976
936,879
1,137,969
1,110,173
688,117
908,602
788,571
1,158,090
1,177,783
684,811
1,424,626
1,224,188
1,112,343
892,417
766,991
601,497
601,497766,991892,4171,112,3431,224,1881,424,626684,8111,177,7831,158,090788,571908,602688,1171,110,1731,137,969936,879820,976513,684525,507501,006542,972526,596603,950662,665
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,161,310
1,180,347
686,665
1,184,310
968,076
953,581
0
0
0
000953,581968,0761,184,310686,6651,180,3471,161,31000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
182,861
194,602
153,676
139,979
0
0
00139,979153,676194,602182,86100000000000000000
> Total Stockholder Equity
714,060
735,606
909,708
1,028,152
1,023,647
1,098,154
1,130,582
1,284,836
1,610,667
1,693,888
1,422,091
1,346,276
1,366,791
1,382,211
1,467,092
1,487,655
1,396,931
1,435,110
1,447,880
1,966,692
2,092,706
2,112,865
2,258,079
2,258,0792,112,8652,092,7061,966,6921,447,8801,435,1101,396,9311,487,6551,467,0921,382,2111,366,7911,346,2761,422,0911,693,8881,610,6671,284,8361,130,5821,098,1541,023,6471,028,152909,708735,606714,060
   Common Stock
170,000
170,000
171,000
172,900
173,300
173,663
174,668
175,118
176,242
176,512
176,586
176,773
176,914
176,957
177,612
177,690
177,793
177,793
177,812
177,923
173,737
161,145
159,782
159,782161,145173,737177,923177,812177,793177,793177,690177,612176,957176,914176,773176,586176,512176,242175,118174,668173,663173,300172,900171,000170,000170,000
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 0-142,838-96,451-136,439-276,447-164,999-194,370-153,544-51,534-78,993-48,060-95,319-1,977,950-1,774,778-1,627,86700000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
36,594
37,278
37,751
37,751
37,884
38,850
0
0
0
00038,85037,88437,75137,75137,27836,59400000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
544,060
565,606
-192,993
-120,889
-154,433
-70,990
-142,902
-59,195
-29,413
-40,043
-80,026
-233,434
-210,380
-270,849
-194,448
-372,847
-459,832
-69,712
-344,712
-193,106
-196,246
-323,055
-150,935
-150,935-323,055-196,246-193,106-344,712-69,712-459,832-372,847-194,448-270,849-210,380-233,434-80,026-40,043-29,413-59,195-142,902-70,990-154,433-120,889-192,993565,606544,060



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.




6.5. Cash Flows

Currency in EUR. All numbers in thousands.




6.6. Income Statements

Currency in EUR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue3,957,814
Cost of Revenue-3,302,558
Gross Profit655,256655,256
 
Operating Income (+$)
Gross Profit655,256
Operating Expense-359,078
Operating Income296,178296,178
 
Operating Expense (+$)
Research Development56,670
Selling General Administrative150,878
Selling And Marketing Expenses158,521
Operating Expense359,078366,069
 
Net Interest Income (+$)
Interest Income18,299
Interest Expense-37,998
Other Finance Cost-18,857
Net Interest Income-38,556
 
Pretax Income (+$)
Operating Income296,178
Net Interest Income-38,556
Other Non-Operating Income Expenses0
Income Before Tax (EBT)257,622334,734
EBIT - interestExpense = 257,622
301,760
276,902
Interest Expense37,998
Earnings Before Interest and Taxes (EBIT)295,620295,620
Earnings Before Interest and Taxes (EBITDA)451,323
 
After tax Income (+$)
Income Before Tax257,622
Tax Provision-62,856
Net Income From Continuing Ops243,566194,766
Net Income238,904
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,661,636
Total Other Income/Expenses Net-38,55638,556
 

Technical Analysis of Bekaert
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bekaert. The general trend of Bekaert is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bekaert's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Bekaert Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of NV Bekaert SA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 36.66 < 37.33 < 38.45.

The bearish price targets are: 33.35 > 32.65 > 26.27.

Know someone who trades $BEKB? Share this with them.πŸ‘‡

NV Bekaert SA Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of NV Bekaert SA. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

NV Bekaert SA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of NV Bekaert SA. The current macd is 0.37671431.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bekaert price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bekaert. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bekaert price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
NV Bekaert SA Daily Moving Average Convergence/Divergence (MACD) ChartNV Bekaert SA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of NV Bekaert SA. The current adx is 16.93.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Bekaert shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
NV Bekaert SA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of NV Bekaert SA. The current sar is 33.97.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
NV Bekaert SA Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of NV Bekaert SA. The current rsi is 58.55. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
NV Bekaert SA Daily Relative Strength Index (RSI) ChartNV Bekaert SA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of NV Bekaert SA. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bekaert price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
NV Bekaert SA Daily Stochastic Oscillator ChartNV Bekaert SA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of NV Bekaert SA. The current cci is 113.51.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
NV Bekaert SA Daily Commodity Channel Index (CCI) ChartNV Bekaert SA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of NV Bekaert SA. The current cmo is 20.31.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
NV Bekaert SA Daily Chande Momentum Oscillator (CMO) ChartNV Bekaert SA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of NV Bekaert SA. The current willr is -35.29411765.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Bekaert is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
NV Bekaert SA Daily Williams %R ChartNV Bekaert SA Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of NV Bekaert SA.

NV Bekaert SA Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of NV Bekaert SA. The current atr is 0.74243048.

NV Bekaert SA Daily Average True Range (ATR) ChartNV Bekaert SA Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of NV Bekaert SA. The current obv is 770,438.

NV Bekaert SA Daily On-Balance Volume (OBV) ChartNV Bekaert SA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of NV Bekaert SA. The current mfi is 58.53.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
NV Bekaert SA Daily Money Flow Index (MFI) ChartNV Bekaert SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for NV Bekaert SA.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-05-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

NV Bekaert SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of NV Bekaert SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.545
Ma 20Greater thanMa 5034.570
Ma 50Greater thanMa 10034.333
Ma 100Greater thanMa 20033.498
OpenGreater thanClose35.750
Total5/5 (100.0%)
Penke
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