Evonik Industries AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 11
German (DAX) Chemicals Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies19
- 7D0.2%
- 3M6.6%
- 1Y0.9%
- YTD0.2%
The Chemicals industry has been flat over the last week, but K+S has lost 3.5%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 37% per annum.
Industry Valuation and Performance
Has the German Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €93.0b | €123.4b | -€577,674,391.90 | 14.8x | -161x | 0.8x |
| Tue, 16 Apr 2024 | €96.3b | €127.2b | -€39,147,483.00 | 15.9x | -2458.7x | 0.8x |
| Thu, 14 Mar 2024 | €92.8b | €128.3b | €1.0b | 13.3x | 89.5x | 0.7x |
| Sat, 10 Feb 2024 | €85.0b | €133.6b | -€2,982,235,209.00 | 12x | -28.5x | 0.6x |
| Mon, 08 Jan 2024 | €90.1b | €133.6b | -€2,980,615,209.00 | 13x | -30.2x | 0.7x |
| Wed, 06 Dec 2023 | €87.5b | €133.6b | -€2,980,615,209.00 | 11.6x | -29.4x | 0.7x |
| Fri, 03 Nov 2023 | €86.4b | €135.9b | -€2,131,191,209.00 | 11.1x | -40.6x | 0.6x |
| Sun, 01 Oct 2023 | €86.7b | €143.9b | -€699,067,209.00 | 10.4x | -124.1x | 0.6x |
| Tue, 29 Aug 2023 | €89.5b | €143.9b | -€697,702,514.00 | 10.1x | -128.2x | 0.6x |
| Thu, 27 Jul 2023 | €92.9b | €152.7b | €2.6b | 11.4x | 36.4x | 0.6x |
| Sat, 24 Jun 2023 | €85.2b | €152.7b | €2.5b | 11.8x | 33.4x | 0.6x |
| Mon, 22 May 2023 | €92.8b | €152.7b | €2.6b | 12.5x | 36.3x | 0.6x |
| Wed, 19 Apr 2023 | €96.8b | €157.4b | €3.3b | 11.6x | 29.5x | 0.6x |
| Fri, 17 Mar 2023 | €90.3b | €157.3b | €3.3b | 12.7x | 27.5x | 0.6x |
| Sun, 12 Feb 2023 | €97.9b | €157.9b | €10.9b | 9.6x | 9x | 0.6x |
| Tue, 10 Jan 2023 | €99.3b | €157.9b | €10.9b | 9.5x | 9.1x | 0.6x |
| Thu, 08 Dec 2022 | €91.5b | €157.9b | €10.9b | 8.7x | 8.4x | 0.6x |
| Sat, 05 Nov 2022 | €90.1b | €155.5b | €11.8b | 8.7x | 7.6x | 0.6x |
| Mon, 03 Oct 2022 | €79.6b | €152.2b | €12.7b | 8.2x | 6.3x | 0.5x |
| Wed, 31 Aug 2022 | €86.7b | €152.2b | €12.7b | 9.3x | 6.8x | 0.6x |
| Fri, 29 Jul 2022 | €87.0b | €144.4b | €12.0b | 8.9x | 7.3x | 0.6x |
| Sun, 26 Jun 2022 | €89.2b | €144.4b | €12.0b | 8.7x | 7.5x | 0.6x |
| Tue, 24 May 2022 | €100.9b | €144.4b | €12.0b | 8.9x | 8.4x | 0.7x |
| Thu, 21 Apr 2022 | €107.7b | €135.9b | €11.9b | 10.2x | 9.1x | 0.8x |
| Sat, 19 Mar 2022 | €107.4b | €135.7b | €11.9b | 9.5x | 9x | 0.8x |
| Mon, 14 Feb 2022 | €123.5b | €127.9b | €10.8b | 11.3x | 11.4x | 1x |
| Wed, 12 Jan 2022 | €125.6b | €127.9b | €10.8b | 11.7x | 11.6x | 1x |
| Fri, 10 Dec 2021 | €119.0b | €127.9b | €10.8b | 11.8x | 11x | 0.9x |
| Sun, 07 Nov 2021 | €121.4b | €125.6b | €7.4b | 13.4x | 16.3x | 1x |
| Tue, 05 Oct 2021 | €122.2b | €118.2b | €3.7b | 19.4x | 32.7x | 1x |
| Thu, 02 Sep 2021 | €124.7b | €118.5b | €3.7b | 19.2x | 33.3x | 1.1x |
| Sat, 31 Jul 2021 | €124.5b | €118.5b | €3.7b | 16.4x | 33.3x | 1.1x |
Price to Earnings Ratio
134.8x
Current Industry PE
- Investors are relatively neutral on the German Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 4.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Materials industry?
| DE Market | -0.43% | |
| Materials | -0.20% | |
| Chemicals | 0.24% | |
| Commodity Chemicals | 3.13% | |
| Specialty Chemicals | 0.37% | |
| Industrial Gases | 0% | |
| Diversified Chemicals | -0.0069% | |
| Fertilizers and Agricultural Chemicals | -3.54% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 7.0x.
- Analysts are expecting annual earnings growth of 35.4%, which is higher than its past year's earnings decline of 33.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 75% over the next 5 years.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 10.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WCH Wacker Chemie | €103.15 | 2.3% +€114.3m | -19.3% | PE24x | |
| SY1 Symrise | €102.40 | 0.4% +€62.9m | -3.4% | PE42x | |
| BAS BASF | €48.88 | 0.1% +€62.5m | 2.7% | PE1407.2x | |
| 1COV Covestro | €48.36 | 0.3% +€28.3m | 21.8% | PS0.6x | |
| SIM0 SIMONA | €75.00 | 4.2% +€18.0m | -18.0% | PE14.8x |
