Risk factor
Strong & resilient to price shocks
Profitability factor
Solid dividends
About
Fluxys Belgium SA, a subsidiary of Fluxys SA, is a Brussels-based company founded in 1929, specializing in the transportation and storage of natural gas and liquefied natural gas (LNG) throughout Belgium. The company provides its customers with pipeline capacity for the transportation of natural gas to various destinations, including local distribution networks, power generation facilities, and industrial users within Belgium. Furthermore, its network facilitates the onward transmission of natural gas to other European markets via border interconnections. Beyond physical transport, Fluxys Belgium also facilitates gas trading on Belgian platforms, allowing customers to transact natural gas, and offers storage services to provide crucial buffer capacity. The company's extensive LNG services encompass capacity for the loading and unloading of carriers, alongside storage and regasification facilities for injection into the transmission network. It further supports LNG distribution by loading trailers and containers for local networks or European industrial sites, and by supplying refueling stations for LNG-fueled trucks and vessels. Uniquely, Fluxys Belgium also operates in the reinsurance sector.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of FLUX.BR is 26.0 and suggests 15.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i