Orica (ASX:ORI) Is Increasing Its Dividend To A$0.28
Nov 18
Have your own idea? Try our Stock Screener
Australian (ASX) Chemicals Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies29
- 7D5.1%
- 3M5.2%
- 1Y7.3%
- YTD3.7%
Orica is up 2.8%, leading the way for the Chemicals industry, which has gained 5.1%. In the same time, DGL Group was down 5.2%. This means that the industry has gained 7.3% over the past year. Looking forward, earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Australian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | AU$19.0b | AU$17.1b | -AU$146,685,202.89 | 28.4x | -129.3x | 1.1x |
| Sat, 19 Oct 2024 | AU$18.5b | AU$16.9b | AU$193.8m | 33.7x | 95.7x | 1.1x |
| Mon, 16 Sep 2024 | AU$18.3b | AU$16.9b | AU$194.6m | 25.2x | 94.2x | 1.1x |
| Wed, 14 Aug 2024 | AU$18.3b | AU$16.8b | AU$188.2m | 30.3x | 97.1x | 1.1x |
| Fri, 12 Jul 2024 | AU$18.1b | AU$16.8b | AU$188.3m | 29.6x | 96.2x | 1.1x |
| Sun, 09 Jun 2024 | AU$18.7b | AU$16.8b | AU$188.1m | 30.4x | 99.3x | 1.1x |
| Tue, 07 May 2024 | AU$18.3b | AU$17.6b | AU$496.6m | 24.7x | 36.8x | 1x |
| Thu, 04 Apr 2024 | AU$18.4b | AU$17.6b | AU$488.0m | 25x | 37.7x | 1x |
| Sat, 02 Mar 2024 | AU$17.8b | AU$17.6b | AU$532.4m | 22.1x | 33.4x | 1x |
| Mon, 29 Jan 2024 | AU$17.7b | AU$17.6b | AU$423.7m | 21.2x | 41.7x | 1x |
| Wed, 27 Dec 2023 | AU$17.5b | AU$17.6b | AU$429.5m | 20.7x | 40.7x | 1x |
| Fri, 24 Nov 2023 | AU$17.2b | AU$17.6b | AU$429.5m | 20.5x | 40.1x | 1x |
| Sun, 22 Oct 2023 | AU$16.9b | AU$19.2b | AU$1.0b | 19.1x | 16.3x | 0.9x |
| Tue, 19 Sep 2023 | AU$17.8b | AU$19.3b | AU$1.0b | 16.4x | 17.6x | 0.9x |
| Thu, 17 Aug 2023 | AU$18.0b | AU$19.2b | AU$1.0b | 19.4x | 17.6x | 0.9x |
| Sat, 15 Jul 2023 | AU$18.0b | AU$19.2b | AU$1.0b | 23.2x | 17.4x | 0.9x |
| Mon, 12 Jun 2023 | AU$17.8b | AU$19.2b | AU$1.0b | 23.3x | 17.5x | 0.9x |
| Wed, 10 May 2023 | AU$19.4b | AU$18.1b | AU$1.0b | 23.3x | 19.3x | 1.1x |
| Fri, 07 Apr 2023 | AU$19.0b | AU$18.1b | AU$1.0b | 23.2x | 19x | 1.1x |
| Sun, 05 Mar 2023 | AU$19.9b | AU$18.1b | AU$1.1b | 29.3x | 18.3x | 1.1x |
| Tue, 31 Jan 2023 | AU$19.4b | AU$18.0b | AU$1.1b | 25.9x | 17.7x | 1.1x |
| Thu, 29 Dec 2022 | AU$19.9b | AU$18.0b | AU$1.1b | 26.2x | 18.3x | 1.1x |
| Sat, 26 Nov 2022 | AU$20.8b | AU$18.0b | AU$1.1b | 25.8x | 19x | 1.2x |
| Mon, 24 Oct 2022 | AU$18.3b | AU$15.4b | AU$163.4m | 21x | 111.7x | 1.2x |
| Wed, 21 Sep 2022 | AU$19.6b | AU$15.4b | AU$202.0m | 21.9x | 97.2x | 1.3x |
| Fri, 19 Aug 2022 | AU$20.3b | AU$15.3b | AU$244.2m | 33x | 82.9x | 1.3x |
| Sun, 17 Jul 2022 | AU$18.0b | AU$15.3b | AU$262.8m | 32.3x | 68.4x | 1.2x |
| Tue, 14 Jun 2022 | AU$18.8b | AU$15.3b | AU$263.1m | 36.8x | 71.5x | 1.2x |
| Thu, 12 May 2022 | AU$20.1b | AU$13.3b | -AU$48,530,636.00 | 46.6x | -414.4x | 1.5x |
| Sat, 09 Apr 2022 | AU$20.8b | AU$13.3b | -AU$48,029,758.00 | 51.4x | -434x | 1.6x |
| Mon, 07 Mar 2022 | AU$18.4b | AU$13.3b | -AU$52,666,923.00 | 45.1x | -349.1x | 1.4x |
| Wed, 02 Feb 2022 | AU$18.2b | AU$13.2b | -AU$30,843,553.00 | 36.6x | -589.1x | 1.4x |
| Fri, 31 Dec 2021 | AU$18.4b | AU$13.2b | -AU$30,631,845.00 | 37.4x | -602x | 1.4x |
| Sun, 28 Nov 2021 | AU$18.2b | AU$13.2b | -AU$35,972,920.00 | 36x | -505.9x | 1.4x |
Price to Earnings Ratio
-505.9x
Current Industry PE
- Investors are relatively neutral on the Australian 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 PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 9.0% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | 1.37% | |
| Materials | -0.44% | |
| Chemicals | 5.08% | |
| Fertilizers and Agricultural Chemicals | 10.77% | |
| Diversified Chemicals | 5.96% | |
| Commodity Chemicals | 4.40% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -5.04% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 13.2%, which is lower than the prior year's growth of 77.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 66% over the next 5 years.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| ORI Orica | AU$18.07 | 2.8% +AU$243.5m | 15.5% | PE16.8x | |
| IPL Incitec Pivot | AU$3.15 | 4.3% +AU$238.9m | 9.8% | PS1.1x | |
| NUF Nufarm | AU$4.10 | 12.0% +AU$168.5m | -10.7% | PS0.5x | |
| HFR Highfield Resources | AU$0.28 | 14.3% +AU$16.8m | -22.2% | PB1x | |
| HZR Hazer Group | AU$0.36 | 9.0% +AU$6.9m | -42.5% | PS25.3x |
