At US$12.35, Is It Time To Put Kronos Worldwide, Inc. (NYSE:KRO) On Your Watch List?
May 09
U.S. Commodity Chemicals Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies40
- 7D3.4%
- 3M10.1%
- 1Y15.6%
- YTDn/a
The Commodity Chemicals industry has gained 3.4% in the last week and Dow up 2.5%. In the same time, Koppers Holdings was down 15%. In the last 12 months, the industry was up 16%. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the U.S. Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$118.7b | US$121.8b | US$3.7b | 15x | 32.2x | 1x |
| Sat, 06 Apr 2024 | US$120.4b | US$123.9b | US$3.6b | 13.7x | 33.7x | 1x |
| Mon, 04 Mar 2024 | US$111.9b | US$123.8b | US$3.5b | 12.9x | 32.3x | 0.9x |
| Wed, 31 Jan 2024 | US$109.8b | US$126.3b | US$4.3b | 11.9x | 25.6x | 0.9x |
| Fri, 29 Dec 2023 | US$112.8b | US$128.4b | US$5.2b | 10.9x | 21.6x | 0.9x |
| Sun, 26 Nov 2023 | US$104.8b | US$128.4b | US$5.2b | 9.7x | 20.1x | 0.8x |
| Tue, 24 Oct 2023 | US$97.6b | US$135.8b | US$6.2b | 9x | 15.7x | 0.7x |
| Thu, 21 Sep 2023 | US$106.1b | US$135.8b | US$6.2b | 10x | 17.1x | 0.8x |
| Sat, 19 Aug 2023 | US$109.6b | US$135.8b | US$6.2b | 9.8x | 17.6x | 0.8x |
| Mon, 17 Jul 2023 | US$107.8b | US$151.8b | US$9.5b | 8.6x | 11.4x | 0.7x |
| Wed, 14 Jun 2023 | US$106.1b | US$151.8b | US$9.5b | 8.3x | 11.2x | 0.7x |
| Fri, 12 May 2023 | US$103.5b | US$151.8b | US$9.5b | 7.8x | 10.9x | 0.7x |
| Sun, 09 Apr 2023 | US$115.2b | US$161.4b | US$12.7b | 8x | 9.1x | 0.7x |
| Tue, 07 Mar 2023 | US$120.5b | US$161.5b | US$12.8b | 8.1x | 9.4x | 0.7x |
| Thu, 02 Feb 2023 | US$125.6b | US$165.4b | US$14.1b | 9.1x | 8.9x | 0.8x |
| Sat, 31 Dec 2022 | US$105.7b | US$168.3b | US$15.3b | 7.8x | 6.9x | 0.6x |
| Mon, 28 Nov 2022 | US$109.8b | US$168.3b | US$15.3b | 8x | 7.2x | 0.7x |
| Wed, 26 Oct 2022 | US$102.7b | US$169.1b | US$17.3b | 7.8x | 5.9x | 0.6x |
| Fri, 23 Sep 2022 | US$96.0b | US$169.9b | US$18.2b | 6.9x | 5.3x | 0.6x |
| Sun, 21 Aug 2022 | US$115.6b | US$169.8b | US$18.2b | 8.2x | 6.4x | 0.7x |
| Tue, 19 Jul 2022 | US$106.5b | US$161.4b | US$18.3b | 7x | 5.8x | 0.7x |
| Thu, 16 Jun 2022 | US$120.1b | US$161.3b | US$18.3b | 7.8x | 6.6x | 0.7x |
| Sat, 14 May 2022 | US$135.4b | US$161.3b | US$18.3b | 7.9x | 7.4x | 0.8x |
| Mon, 11 Apr 2022 | US$121.0b | US$145.3b | US$16.1b | 9.9x | 7.5x | 0.8x |
| Wed, 09 Mar 2022 | US$113.0b | US$144.6b | US$16.0b | 8.7x | 7.1x | 0.8x |
| Fri, 04 Feb 2022 | US$118.1b | US$142.5b | US$15.4b | 11.2x | 7.7x | 0.8x |
| Sun, 02 Jan 2022 | US$114.4b | US$132.9b | US$14.8b | 11.3x | 7.7x | 0.9x |
| Tue, 30 Nov 2021 | US$114.2b | US$132.9b | US$14.8b | 11x | 7.7x | 0.9x |
| Thu, 28 Oct 2021 | US$115.1b | US$124.2b | US$13.0b | 11.3x | 8.9x | 0.9x |
| Sat, 25 Sep 2021 | US$113.1b | US$118.2b | US$10.2b | 11.2x | 11.1x | 1x |
| Mon, 23 Aug 2021 | US$116.8b | US$118.8b | US$10.3b | 8.2x | 11.4x | 1x |
| Sat, 10 Jul 2021 | US$125.8b | US$118.8b | US$10.3b | 9.3x | 12.3x | 1.1x |
Price to Earnings Ratio
26.5x
Current Industry PE
- Investors are optimistic on the American Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.2x which is higher than its 3-year average PE of 12.8x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 9.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.8% 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 U.S. Commodity Chemicals compare with similar industries?
| US Market | 3.30% | |
| Materials | 2.20% | |
| Chemicals | 2.28% | |
| Commodity Chemicals | 3.43% | |
| Diversified Chemicals | 5.34% | |
| Specialty Chemicals | 4.94% | |
| Fertilizers and Agricultural Chemicals | 2.95% | |
| Industrial Gases | -1.96% | |
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 | |
|---|---|---|---|---|---|
| DOW Dow | US$58.64 | 2.5% +US$991.5m | 9.7% | PE34.7x | |
| LYB LyondellBasell Industries | US$102.18 | 2.7% +US$866.2m | 12.9% | PE15.8x | |
| WLK Westlake | US$154.94 | 3.9% +US$749.3m | 34.3% | PE77.5x | |
| CBT Cabot | US$101.07 | 9.9% +US$505.0m | 46.8% | PE12.7x | |
| OLN Olin | US$55.39 | 6.4% +US$397.7m | 2.9% | PE18.8x |
