Turkish (BIST) Chemicals Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies26
- 7D-5.5%
- 3M-8.2%
- 1Y1.3%
- YTD8.8%
Over the last 7 days, the Chemicals industry has dropped 1.6%, driven by Sasa Polyester Sanayi declining 4.6%. Meanwhile, Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi actually outperformed within the industry, gaining 25% in the last week. Over the past 12 months, the industry was up 3.9%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Turkish Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ₺561.7b | ₺199.5b | ₺32.1b | 23.3x | 17.5x | 2.8x |
| Sat, 27 Apr 2024 | ₺563.2b | ₺193.2b | ₺25.9b | 19.2x | 21.7x | 2.9x |
| Mon, 25 Mar 2024 | ₺571.7b | ₺161.1b | ₺27.3b | 24.9x | 20.9x | 3.5x |
| Wed, 21 Feb 2024 | ₺641.8b | ₺144.7b | ₺13.9b | 24.5x | 46x | 4.4x |
| Fri, 19 Jan 2024 | ₺502.7b | ₺147.1b | ₺16.9b | 18.4x | 29.8x | 3.4x |
| Sun, 17 Dec 2023 | ₺615.8b | ₺147.1b | ₺16.9b | 19.9x | 36.5x | 4.2x |
| Tue, 14 Nov 2023 | ₺598.6b | ₺146.5b | ₺16.8b | 18.8x | 35.5x | 4.1x |
| Thu, 12 Oct 2023 | ₺642.0b | ₺140.5b | ₺12.0b | 21.5x | 53.6x | 4.6x |
| Sat, 09 Sep 2023 | ₺639.4b | ₺139.7b | ₺11.8b | 20.3x | 54.3x | 4.6x |
| Mon, 07 Aug 2023 | ₺661.8b | ₺143.0b | ₺21.9b | 13.6x | 30.2x | 4.6x |
| Wed, 05 Jul 2023 | ₺590.1b | ₺142.8b | ₺22.0b | 12.1x | 26.9x | 4.1x |
| Fri, 02 Jun 2023 | ₺544.7b | ₺139.6b | ₺21.6b | 11.3x | 25.3x | 3.9x |
| Sun, 30 Apr 2023 | ₺457.8b | ₺137.0b | ₺24.3b | 10.4x | 18.8x | 3.3x |
| Tue, 28 Mar 2023 | ₺469.6b | ₺137.0b | ₺24.3b | 11.9x | 19.3x | 3.4x |
| Thu, 23 Feb 2023 | ₺498.1b | ₺126.9b | ₺19.2b | 13.3x | 26x | 3.9x |
| Sat, 21 Jan 2023 | ₺583.4b | ₺126.1b | ₺19.0b | 13.9x | 30.6x | 4.6x |
| Mon, 19 Dec 2022 | ₺538.9b | ₺126.1b | ₺19.0b | 16.4x | 28.3x | 4.3x |
| Wed, 16 Nov 2022 | ₺590.2b | ₺124.8b | ₺18.8b | 14.8x | 31.4x | 4.7x |
| Fri, 14 Oct 2022 | ₺346.5b | ₺105.5b | ₺16.6b | 13x | 20.9x | 3.3x |
| Sun, 11 Sep 2022 | ₺267.0b | ₺105.5b | ₺16.6b | 10.9x | 16.1x | 2.5x |
| Tue, 09 Aug 2022 | ₺230.1b | ₺86.0b | ₺12.4b | 14.8x | 18.6x | 2.7x |
| Thu, 07 Jul 2022 | ₺183.9b | ₺84.8b | ₺12.2b | 13.9x | 15.1x | 2.2x |
| Sat, 04 Jun 2022 | ₺200.1b | ₺84.8b | ₺12.2b | 14.2x | 16.4x | 2.4x |
| Mon, 02 May 2022 | ₺161.7b | ₺67.2b | ₺8.4b | 16.5x | 19.3x | 2.4x |
| Wed, 30 Mar 2022 | ₺146.9b | ₺65.8b | ₺8.1b | 14.4x | 18.2x | 2.2x |
| Fri, 25 Feb 2022 | ₺114.9b | ₺52.9b | ₺8.0b | 13.3x | 14.3x | 2.2x |
| Sun, 23 Jan 2022 | ₺133.7b | ₺52.5b | ₺7.9b | 17.6x | 16.9x | 2.5x |
| Tue, 21 Dec 2021 | ₺137.6b | ₺52.5b | ₺7.9b | 17.8x | 17.4x | 2.6x |
| Thu, 18 Nov 2021 | ₺104.3b | ₺52.5b | ₺7.9b | 16x | 13.2x | 2x |
| Sat, 16 Oct 2021 | ₺83.4b | ₺44.3b | ₺5.3b | 17.6x | 15.7x | 1.9x |
| Mon, 13 Sep 2021 | ₺86.3b | ₺44.3b | ₺5.3b | 21.1x | 16.2x | 1.9x |
| Wed, 11 Aug 2021 | ₺85.8b | ₺44.3b | ₺5.3b | 19.7x | 16.1x | 1.9x |
| Sun, 06 Jun 2021 | ₺91.5b | ₺35.5b | ₺3.6b | 20.3x | 25.4x | 2.6x |
Price to Earnings Ratio
25.4x
Current Industry PE
- Investors are pessimistic on the Turkish Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.0x which is lower than its 3-year average PE of 26.0x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 107% per year over the last three years.
- Revenues for these companies have grown 78% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Materials industry?
| TR Market | -5.71% | |
| Materials | -5.26% | |
| Chemicals | -5.52% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -4.39% | |
| Specialty Chemicals | -6.95% | |
| Fertilizers and Agricultural Chemicals | -8.30% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 28.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 3.2% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| MEGAP Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi | ₺10.14 | 24.7% +₺502.5m | 160.7% | PE10.3x | |
| BAYRK Bayrak EBT Taban Sanayi ve Ticaret Anonim Sirketi | ₺72.85 | 6.7% +₺216.8m | 1,497.6% | PE130.5x | |
| ISKPL Isik Plastik Sanayi ve Dis Ticaret Pazarlama Anonim Sirketi | ₺9.55 | 5.1% +₺97.9m | 71.1% | PE19.7x | |
| SANFM Sanifoam Endustri ve Tuketim Urunleri Sanayi Ticaret | ₺61.40 | 2.9% +₺52.5m | 285.0% | PE41.9x |