March 3, 2017
Snapshot Top 10: Belgian 20 Index BEL20



The Top 10 performing stocks in the Belgian 20 Index BEL20 are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Belgian 20 Index BEL20 as of March 3, 2017.

No top 10 list was published for this market, date and strategy.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW

This company has a special achievement which is documented on its stock research page.

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Obermatt 360° Investment Strategy

No top 10 list was published for this market, date and strategy.

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Sentiment Investment Strategy

No top 10 list was published for this market, date and strategy.

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. UCB (XL, BE)   Pharmaceuticals
1. UCB (XL, BE)   Pharmaceuticals 98 92 100 n/a
2. Solvay (XXL, BE)   Diversified Chemicals
2. Solvay (XXL, BE)   Diversified Chemicals 98 64 82 n/a
3. Bekaert (XL, BE)   Steel
3. Bekaert (XL, BE)   Steel 98 75 62 n/a
4. Delta Lloyd (XL, NL)   Life & Health Insurance
4. Delta Lloyd (XL, NL)   Life & Health Insurance 96 57 48 n/a
5. bpost (XL, BE)   Air Freight & Logistics
5. bpost (XL, BE)   Air Freight & Logistics 82 48 57 n/a
6. Umicore (XXL, BE)   Specialty Chemicals
6. Umicore (XXL, BE)   Specialty Chemicals 78 26 93 n/a
7. Ageas (XXL, BE)   Multi-line Insurance
7. Ageas (XXL, BE)   Multi-line Insurance 78 14 32 n/a
8. ENGIE (XXL, FR)   Multi-Utilities
8. ENGIE (XXL, FR)   Multi-Utilities 76 18 45 n/a
9. Proximus (XL, BE)   Integrated Telecommunication
9. Proximus (XL, BE)   Integrated Telecommunication 73 13 57 n/a
10. Ackermans & van Haaren (XL, BE)   Construction & Engineering
10. Ackermans & van Haaren (XL, BE)   Construction & Engineering 70 15 50 n/a

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. UCB (XL, BE)   Pharmaceuticals
1. UCB (XL, BE)   Pharmaceuticals 92 98 100 n/a
2. Bekaert (XL, BE)   Steel
2. Bekaert (XL, BE)   Steel 75 98 62 n/a
3. Elia System Operator (L, BE)   Electric Utilities
3. Elia System Operator (L, BE)   Electric Utilities 73 64 55 n/a
4. Solvay (XXL, BE)   Diversified Chemicals
4. Solvay (XXL, BE)   Diversified Chemicals 64 98 82 n/a
5. Delta Lloyd (XL, NL)   Life & Health Insurance
5. Delta Lloyd (XL, NL)   Life & Health Insurance 57 96 48 n/a
6. Telenet (L, BE)   Cable & Satellite
6. Telenet (L, BE)   Cable & Satellite 54 35 66 n/a
7. Etablissementen Franz Colruyt (XL, BE)   Food Retail
7. Etablissementen Franz Colruyt (XL, BE)   Food Retail 54 51 57 n/a

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Umicore (XXL, BE)  Specialty Chemicals
1. Umicore (XXL, BE)   Specialty Chemicals 85 78 93 n/a
2. Telenet (L, BE)  Cable & Satellite
2. Telenet (L, BE)   Cable & Satellite 84 35 66 n/a
3. Proximus (XL, BE)  Integrated Telecommunication
3. Proximus (XL, BE)   Integrated Telecommunication 83 73 57 n/a
4. KBC (XXL, BE)  Diversified Banks
4. KBC (XXL, BE)   Diversified Banks 83 27 17 n/a
5. ENGIE (XXL, FR)  Multi-Utilities
5. ENGIE (XXL, FR)   Multi-Utilities 71 76 45 n/a
6. Groupe Bruxelles Lambert (XL, BE)  Multi-Sector Holdings
6. Groupe Bruxelles Lambert (XL, BE)   Multi-Sector Holdings 68 54 27 n/a
7. Solvay (XXL, BE)  Diversified Chemicals
7. Solvay (XXL, BE)   Diversified Chemicals 67 98 82 n/a
8. Anheuser-Busch InBev (XXL, BE)  Brewers
8. Anheuser-Busch InBev (XXL, BE)   Brewers 64 60 1 n/a
9. Ackermans & van Haaren (XL, BE)  Construction & Engineering
9. Ackermans & van Haaren (XL, BE)   Construction & Engineering 63 70 50 n/a
10. Etablissementen Franz Colruyt (XL, BE)  Food Retail
10. Etablissementen Franz Colruyt (XL, BE)   Food Retail 57 51 57 n/a

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


BEL20 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. UCB (XL, BE)  Pharmaceuticals
1. UCB (XL, BE)   Pharmaceuticals 100 98 92 n/a
2. Umicore (XXL, BE)  Specialty Chemicals
2. Umicore (XXL, BE)   Specialty Chemicals 93 78 26 n/a
3. Solvay (XXL, BE)  Diversified Chemicals
3. Solvay (XXL, BE)   Diversified Chemicals 82 98 64 n/a
4. Telenet (L, BE)  Cable & Satellite
4. Telenet (L, BE)   Cable & Satellite 66 35 54 n/a
5. Bekaert (XL, BE)  Steel
5. Bekaert (XL, BE)   Steel 62 98 75 n/a
6. bpost (XL, BE)  Air Freight & Logistics
6. bpost (XL, BE)   Air Freight & Logistics 57 82 48 n/a
7. Proximus (XL, BE)  Integrated Telecommunication
7. Proximus (XL, BE)   Integrated Telecommunication 57 73 13 n/a
8. Etablissementen Franz Colruyt (XL, BE)  Food Retail
8. Etablissementen Franz Colruyt (XL, BE)   Food Retail 57 51 54 n/a
9. Elia System Operator (L, BE)  Electric Utilities
9. Elia System Operator (L, BE)   Electric Utilities 55 64 73 n/a
10. Ackermans & van Haaren (XL, BE)  Construction & Engineering
10. Ackermans & van Haaren (XL, BE)   Construction & Engineering 50 70 15 n/a

March 3, 2017. Top 10s are published weekly following the . ( or for more stocks)


This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Belgian 20 Index BEL20 from March 3, 2017.

Top 10 Stock History BEL20



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