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Singaporean (SGX) Chemicals Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies8
- 7D-0.4%
- 3M-7.1%
- 1Y-18.7%
- YTD-11.3%
In the last week, Chemicals has been flat. As for the longer term, the industry has declined 19% in the last year. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Singaporean Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | S$3.5b | S$3.1b | S$129.0m | 28.7x | 27.5x | 1.1x |
| Tue, 16 Apr 2024 | S$3.7b | S$3.2b | S$117.3m | 27.4x | 31.7x | 1.2x |
| Thu, 14 Mar 2024 | S$3.8b | S$3.2b | S$101.1m | 28.2x | 37.3x | 1.2x |
| Sat, 10 Feb 2024 | S$3.8b | S$3.3b | S$157.4m | 27.5x | 24.4x | 1.2x |
| Mon, 08 Jan 2024 | S$1.8b | S$4.8b | S$25.0m | 29.2x | 72.3x | 0.4x |
| Wed, 06 Dec 2023 | S$1.8b | S$4.8b | S$25.3m | 28.4x | 70.2x | 0.4x |
| Fri, 03 Nov 2023 | S$1.8b | S$4.9b | S$56.7m | 11.5x | 32.2x | 0.4x |
| Sun, 01 Oct 2023 | S$1.9b | S$4.9b | S$57.0m | 12.1x | 32.5x | 0.4x |
| Tue, 29 Aug 2023 | S$1.9b | S$4.9b | S$83.0m | 13.9x | 23.2x | 0.4x |
| Thu, 27 Jul 2023 | S$2.0b | S$5.1b | S$169.7m | 8.6x | 12x | 0.4x |
| Sat, 24 Jun 2023 | S$2.2b | S$5.2b | S$171.9m | 9.1x | 12.8x | 0.4x |
| Mon, 22 May 2023 | S$2.3b | S$5.2b | S$187.1m | 5.3x | 12.2x | 0.4x |
| Wed, 19 Apr 2023 | S$2.5b | S$5.2b | S$249.5m | 5.3x | 10x | 0.5x |
| Fri, 17 Mar 2023 | S$2.4b | S$5.3b | S$251.0m | 5.4x | 9.6x | 0.5x |
| Sun, 12 Feb 2023 | S$2.3b | S$5.3b | S$323.0m | 12.4x | 7.1x | 0.4x |
| Tue, 10 Jan 2023 | S$2.3b | S$5.3b | S$324.6m | 12x | 7.2x | 0.4x |
| Thu, 08 Dec 2022 | S$2.3b | S$5.3b | S$321.4m | 12.3x | 7.3x | 0.4x |
| Sat, 05 Nov 2022 | S$2.2b | S$5.5b | S$313.1m | 13x | 7x | 0.4x |
| Mon, 03 Oct 2022 | S$2.5b | S$5.5b | S$321.7m | 13.1x | 7.8x | 0.5x |
| Wed, 31 Aug 2022 | S$2.8b | S$5.4b | S$322.1m | 13.4x | 8.7x | 0.5x |
| Fri, 29 Jul 2022 | S$2.5b | S$5.1b | S$268.8m | 10.2x | 9.1x | 0.5x |
| Sun, 26 Jun 2022 | S$2.8b | S$5.1b | S$270.5m | 10.3x | 10.2x | 0.5x |
| Tue, 24 May 2022 | S$2.8b | S$5.1b | S$258.0m | 17.5x | 11x | 0.6x |
| Thu, 21 Apr 2022 | S$2.7b | S$1.7b | S$236.0m | 10.4x | 11.6x | 1.6x |
| Sat, 19 Mar 2022 | S$2.6b | S$1.7b | S$243.3m | 16.2x | 10.8x | 1.6x |
| Mon, 14 Feb 2022 | S$2.9b | S$1.4b | S$205.1m | 16.9x | 14.3x | 2x |
| Wed, 12 Jan 2022 | S$3.3b | S$1.4b | S$206.1m | 16.6x | 15.9x | 2.3x |
| Fri, 10 Dec 2021 | S$3.7b | S$1.4b | S$207.5m | 15.1x | 17.7x | 2.5x |
| Sun, 07 Nov 2021 | S$3.5b | S$1.4b | S$212.9m | 10.9x | 16.6x | 2.5x |
| Tue, 05 Oct 2021 | S$3.7b | S$1.4b | S$212.5m | 11x | 17.6x | 2.7x |
| Thu, 02 Sep 2021 | S$3.9b | S$1.4b | S$211.0m | 12.2x | 18.3x | 2.7x |
| Sat, 31 Jul 2021 | S$5.1b | S$1.4b | S$211.0m | 12.9x | 24.3x | 3.7x |
Price to Earnings Ratio
26.2x
Current Industry PE
- Investors are optimistic on the Singaporean Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.5x which is higher than its 3-year average PE of 20.6x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 35% 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 Singaporean Materials industry?
| SG Market | 0.62% | |
| Materials | 0.15% | |
| Chemicals | -0.45% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -0.33% | |
| Specialty Chemicals | -0.47% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 50.7%, which is lower than the prior year's growth of 6,407.7% per year.
- Investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 58.3x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 51% over the next 5 years.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 4.1% 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 | |
|---|---|---|---|---|---|
| MZH Nanofilm Technologies International | S$0.73 | 2.8% +S$13.0m | -50.7% | PE151.6x | |
| C8R Jiutian Chemical Group | S$0.021 | 5.0% +S$2.0m | -67.2% | PS0.5x | |
| BFT Fabchem China | S$0.20 | 15.3% +S$1.2m | -24.6% | PB17.5x | |
| 5AU AP Oil International | S$0.12 | 4.5% +S$822.7k | -22.7% | PE36.5x | |
| C05 Chemical Industries (Far East) | S$0.55 | 0.9% +S$379.7k | -21.6% | PE28.7x |