Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
May 08
U.S. Specialty Chemicals Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies58
- 7D4.9%
- 3M8.8%
- 1Y17.7%
- YTDn/a
Over the last 7 days, the Specialty Chemicals industry has risen 6.4%, driven by gains in Sherwin-Williams and International Flavors & Fragrances of 5.2% and 16%, respectively. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the U.S. Specialty Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$363.7b | US$156.9b | US$7.5b | 27.3x | 48.3x | 2.3x |
| Sat, 06 Apr 2024 | US$358.0b | US$158.6b | US$8.5b | 27.2x | 41.9x | 2.3x |
| Mon, 04 Mar 2024 | US$355.5b | US$158.5b | US$8.5b | 27.3x | 41.9x | 2.2x |
| Wed, 31 Jan 2024 | US$348.3b | US$165.6b | US$13.2b | 27.8x | 26.4x | 2.1x |
| Fri, 29 Dec 2023 | US$361.6b | US$164.6b | US$13.0b | 30.3x | 27.8x | 2.2x |
| Sun, 26 Nov 2023 | US$324.9b | US$164.9b | US$13.0b | 28.4x | 24.9x | 2x |
| Tue, 24 Oct 2023 | US$295.2b | US$165.4b | US$10.5b | 20.6x | 28x | 1.8x |
| Thu, 21 Sep 2023 | US$322.0b | US$165.4b | US$10.4b | 22x | 30.8x | 1.9x |
| Sat, 19 Aug 2023 | US$327.5b | US$165.4b | US$10.4b | 23.9x | 31.3x | 2x |
| Mon, 17 Jul 2023 | US$346.7b | US$165.0b | US$9.9b | 20.3x | 34.9x | 2.1x |
| Wed, 14 Jun 2023 | US$333.4b | US$165.3b | US$10.0b | 19.2x | 33.5x | 2x |
| Fri, 12 May 2023 | US$315.1b | US$165.5b | US$10.1b | 19.9x | 31.1x | 1.9x |
| Sun, 09 Apr 2023 | US$316.7b | US$162.0b | US$9.1b | 20x | 34.8x | 2x |
| Tue, 07 Mar 2023 | US$328.0b | US$162.3b | US$9.2b | 20.3x | 35.7x | 2x |
| Thu, 02 Feb 2023 | US$348.5b | US$166.0b | US$6.9b | 21.9x | 50.7x | 2.1x |
| Sat, 31 Dec 2022 | US$320.7b | US$165.4b | US$7.1b | 19.5x | 45x | 1.9x |
| Mon, 28 Nov 2022 | US$338.2b | US$165.4b | US$7.1b | 21x | 47.5x | 2x |
| Wed, 26 Oct 2022 | US$312.9b | US$162.0b | US$8.8b | 19.9x | 35.4x | 1.9x |
| Fri, 23 Sep 2022 | US$303.6b | US$161.4b | US$8.8b | 18.6x | 34.5x | 1.9x |
| Sun, 21 Aug 2022 | US$347.9b | US$161.3b | US$8.8b | 22.1x | 39.6x | 2.2x |
| Tue, 19 Jul 2022 | US$318.6b | US$156.3b | US$9.1b | 21.8x | 35x | 2x |
| Thu, 16 Jun 2022 | US$321.6b | US$156.3b | US$9.1b | 22.1x | 35.4x | 2.1x |
| Sat, 14 May 2022 | US$353.0b | US$157.3b | US$9.7b | 24.1x | 36.5x | 2.2x |
| Mon, 11 Apr 2022 | US$365.8b | US$157.5b | US$9.2b | 22x | 39.9x | 2.3x |
| Wed, 09 Mar 2022 | US$330.4b | US$156.5b | US$11.6b | 21.9x | 28.5x | 2.1x |
| Fri, 04 Feb 2022 | US$386.0b | US$159.7b | US$11.4b | 25x | 33.8x | 2.4x |
| Sun, 02 Jan 2022 | US$440.5b | US$157.3b | US$12.2b | 27.7x | 36.2x | 2.8x |
| Tue, 30 Nov 2021 | US$409.9b | US$144.5b | US$11.7b | 26.1x | 35.1x | 2.8x |
| Thu, 28 Oct 2021 | US$398.5b | US$142.3b | US$11.3b | 26.4x | 35.2x | 2.8x |
| Sat, 25 Sep 2021 | US$382.6b | US$140.1b | US$11.3b | 25.4x | 33.8x | 2.7x |
| Mon, 23 Aug 2021 | US$397.3b | US$140.0b | US$11.3b | 27.1x | 35x | 2.8x |
| Sat, 10 Jul 2021 | US$383.8b | US$139.9b | US$11.3b | 27.5x | 33.9x | 2.7x |
Price to Earnings Ratio
65.8x
Current Industry PE
- Investors are relatively neutral on the American Specialty 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 PE ratio of 47.7x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Specialty Chemicals industry have grown 8.3% per year over the last three years.
- Revenues for these companies have grown 6.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Specialty Chemicals compare with similar industries?
| US Market | 3.30% | |
| Materials | 2.20% | |
| Chemicals | 2.28% | |
| Specialty Chemicals | 4.94% | |
| Diversified Chemicals | 5.34% | |
| Commodity Chemicals | 3.43% | |
| 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 | |
|---|---|---|---|---|---|
| SHW Sherwin-Williams | US$319.00 | 5.2% +US$4.0b | 38.7% | PE33.5x | |
| IFF International Flavors & Fragrances | US$97.23 | 15.8% +US$3.4b | 12.1% | PS2.2x | |
| ECL Ecolab | US$233.23 | 3.7% +US$2.3b | 33.3% | PE42.9x | |
| ALB Albemarle | US$130.46 | 9.6% +US$1.3b | -32.9% | PE47.1x | |
| CE Celanese | US$163.27 | 5.7% +US$985.1m | 58.6% | PE9.3x |
