Swedish (OMX) Commodity Chemicals Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies6
- 7D3.0%
- 3M13.0%
- 1Y1.8%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has risen 1.9%, driven by gains from Arla Plast of 3.8%. During this same period, the Re:NewCell underperformed, falling 6.1%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 8.3% per annum.
Industry Valuation and Performance
Has the Swedish Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | kr2.1b | kr4.3b | kr7.5m | 13.5x | 285.6x | 0.5x |
| Fri, 26 Apr 2024 | kr2.0b | kr4.5b | -kr7,439,879.00 | 14.2x | -272.2x | 0.5x |
| Sun, 24 Mar 2024 | kr1.9b | kr4.5b | -kr9,668,414.00 | 12.9x | -200.9x | 0.4x |
| Tue, 20 Feb 2024 | kr2.1b | kr4.7b | -kr411,471,414.00 | 13x | -5.2x | 0.5x |
| Thu, 18 Jan 2024 | kr2.3b | kr4.8b | -kr626,927,064.00 | 12.9x | -3.7x | 0.5x |
| Sat, 16 Dec 2023 | kr2.2b | kr4.8b | -kr626,927,064.00 | 11.1x | -3.4x | 0.4x |
| Mon, 13 Nov 2023 | kr2.2b | kr4.8b | -kr629,821,709.00 | 10.3x | -3.5x | 0.5x |
| Wed, 11 Oct 2023 | kr4.1b | kr5.1b | -kr598,529,709.00 | 12.6x | -6.8x | 0.8x |
| Fri, 08 Sep 2023 | kr5.0b | kr5.1b | -kr594,973,416.00 | 13.5x | -8.4x | 1x |
| Sun, 06 Aug 2023 | kr5.0b | kr5.0b | -kr574,532,438.00 | 17.2x | -8.6x | 1x |
| Tue, 04 Jul 2023 | kr5.1b | kr5.0b | -kr566,820,035.00 | 17.4x | -9x | 1x |
| Thu, 01 Jun 2023 | kr4.7b | kr5.0b | -kr566,820,035.00 | 18.4x | -8.2x | 0.9x |
| Sat, 29 Apr 2023 | kr5.1b | kr5.0b | -kr485,058,035.00 | 21.1x | -10.6x | 1x |
| Mon, 27 Mar 2023 | kr5.0b | kr5.0b | -kr481,707,594.00 | 21.3x | -10.4x | 1x |
| Wed, 22 Feb 2023 | kr5.4b | kr5.0b | -kr481,707,594.00 | 22.1x | -11.3x | 1.1x |
| Fri, 20 Jan 2023 | kr5.1b | kr4.9b | -kr261,979,380.00 | 21.5x | -19.5x | 1x |
| Sun, 18 Dec 2022 | kr4.8b | kr4.9b | -kr261,979,380.00 | 20.8x | -18.5x | 1x |
| Tue, 15 Nov 2022 | kr4.5b | kr4.9b | -kr265,402,408.00 | 21.2x | -16.9x | 0.9x |
| Thu, 13 Oct 2022 | kr4.4b | kr4.9b | -kr150,709,616.00 | 13.6x | -29x | 0.9x |
| Sat, 10 Sep 2022 | kr5.2b | kr4.9b | -kr146,152,101.00 | 16.5x | -35.7x | 1.1x |
| Mon, 08 Aug 2022 | kr5.8b | kr4.8b | -kr83,459,101.00 | 14.9x | -70x | 1.2x |
| Wed, 06 Jul 2022 | kr5.4b | kr4.8b | -kr80,689,509.00 | 14.2x | -67.5x | 1.1x |
| Fri, 03 Jun 2022 | kr6.6b | kr4.8b | -kr80,689,509.00 | 15.3x | -81.9x | 1.4x |
| Sun, 01 May 2022 | kr6.2b | kr4.7b | -kr55,427,909.00 | 17.5x | -112.3x | 1.3x |
| Tue, 29 Mar 2022 | kr6.4b | kr4.7b | -kr53,814,746.00 | 16.3x | -118.3x | 1.4x |
| Thu, 24 Feb 2022 | kr7.0b | kr4.7b | -kr49,794,420.00 | 17x | -140.6x | 1.5x |
| Sat, 22 Jan 2022 | kr8.6b | kr4.5b | kr16.5m | 15.9x | 519.8x | 1.9x |
| Mon, 20 Dec 2021 | kr10.0b | kr4.5b | kr19.0m | 16.1x | 526.3x | 2.2x |
| Wed, 17 Nov 2021 | kr11.6b | kr4.6b | kr88.9m | 12.8x | 130.6x | 2.5x |
| Fri, 15 Oct 2021 | kr11.2b | kr4.4b | kr93.1m | 13.1x | 120.8x | 2.6x |
| Sun, 12 Sep 2021 | kr11.3b | kr4.4b | kr93.1m | 13.7x | 121.5x | 2.6x |
| Tue, 10 Aug 2021 | kr11.4b | kr4.4b | kr93.1m | 14.2x | 122.4x | 2.6x |
Price to Earnings Ratio
192.2x
Current Industry PE
- Investors are optimistic on the Swedish Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 285x which is higher than its 3-year average PE of 41.6x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 49% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.5% 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 Comparison
How does Swedish Commodity Chemicals compare with similar industries?
| SE Market | -0.60% | |
| Materials | -3.82% | |
| Chemicals | -1.65% | |
| Commodity Chemicals | 3.03% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Fertilizers and Agricultural Chemicals | -1.75% | |
| Specialty Chemicals | -1.85% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARPL Arla Plast | kr52.00 | 4.4% +kr46.2m | 44.4% | PE13.5x | |
| NEXAM Nexam Chemical Holding | kr3.05 | 4.1% +kr9.7m | -17.1% | PS1.3x | |
| DURC B Duroc | kr17.25 | 0.6% +kr3.9m | -17.9% | PS0.2x | |
| ECO B EcoRub | kr0.13 | 7.8% +kr3.7m | -60.3% | PS3.5x |