Incitec Pivot's (ASX:IPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 01
Australian (ASX) Chemicals Industry Analysis
UpdatedDec 01, 2023
DataAggregated Company Financials
Companies32
- 7D1.2%
- 3M-4.3%
- 1Y-16.0%
- YTD-12.1%
The Chemicals industry is up 1.2% in the last week, with Incitec Pivot up 2.5%. In contrast, the industry has lost 16% in the last 12 months. Looking forward, earnings are forecast to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | AU$17.4b | AU$17.6b | AU$429.5m | 21.4x | 40.6x | 1x |
| Mon, 30 Oct 2023 | AU$16.3b | AU$19.2b | AU$1.0b | 18.5x | 15.8x | 0.8x |
| Wed, 27 Sep 2023 | AU$17.4b | AU$19.3b | AU$1.0b | 19.2x | 17.2x | 0.9x |
| Fri, 25 Aug 2023 | AU$17.8b | AU$19.2b | AU$1.0b | 19.3x | 17.5x | 0.9x |
| Sun, 23 Jul 2023 | AU$18.1b | AU$19.2b | AU$1.0b | 22.3x | 17.6x | 0.9x |
| Tue, 20 Jun 2023 | AU$17.6b | AU$19.2b | AU$1.0b | 23.1x | 17.3x | 0.9x |
| Thu, 18 May 2023 | AU$18.5b | AU$19.0b | AU$1.1b | 23.3x | 16.4x | 1x |
| Sat, 15 Apr 2023 | AU$19.5b | AU$18.1b | AU$1.0b | 23.1x | 19.5x | 1.1x |
| Mon, 13 Mar 2023 | AU$19.4b | AU$18.1b | AU$1.1b | 29.3x | 17.8x | 1.1x |
| Wed, 08 Feb 2023 | AU$19.6b | AU$18.0b | AU$1.1b | 27.1x | 17.9x | 1.1x |
| Fri, 06 Jan 2023 | AU$19.4b | AU$18.0b | AU$1.1b | 26.2x | 17.8x | 1.1x |
| Sun, 04 Dec 2022 | AU$20.2b | AU$18.0b | AU$1.1b | 25.5x | 18.5x | 1.1x |
| Tue, 01 Nov 2022 | AU$18.9b | AU$15.4b | AU$163.5m | 22.2x | 115.5x | 1.2x |
| Thu, 29 Sep 2022 | AU$18.1b | AU$15.4b | AU$165.1m | 20.4x | 109.6x | 1.2x |
| Sat, 27 Aug 2022 | AU$21.1b | AU$15.3b | AU$223.7m | 32.2x | 94.1x | 1.4x |
| Mon, 25 Jul 2022 | AU$18.8b | AU$15.3b | AU$258.2m | 34.6x | 72.8x | 1.2x |
| Wed, 22 Jun 2022 | AU$17.7b | AU$15.3b | AU$263.0m | 31.7x | 67.4x | 1.2x |
| Fri, 20 May 2022 | AU$20.7b | AU$14.0b | -AU$122,174,689.00 | 45.9x | -169.1x | 1.5x |
| Sun, 17 Apr 2022 | AU$21.7b | AU$13.3b | -AU$48,093,532.00 | 52.9x | -451.2x | 1.6x |
| Tue, 15 Mar 2022 | AU$19.9b | AU$13.3b | -AU$52,698,668.00 | 44.6x | -377.7x | 1.5x |
| Thu, 10 Feb 2022 | AU$19.1b | AU$13.2b | -AU$30,783,843.00 | 40.3x | -620.7x | 1.4x |
| Sat, 08 Jan 2022 | AU$18.3b | AU$13.2b | -AU$30,702,209.00 | 37.6x | -595.2x | 1.4x |
| Mon, 06 Dec 2021 | AU$17.6b | AU$13.2b | -AU$30,722,196.00 | 34.8x | -572.4x | 1.3x |
| Wed, 03 Nov 2021 | AU$18.4b | AU$11.2b | -AU$427,182,915.00 | 3380.5x | -43.2x | 1.6x |
| Fri, 01 Oct 2021 | AU$17.0b | AU$11.2b | -AU$415,598,942.00 | 51.5x | -41x | 1.5x |
| Sun, 29 Aug 2021 | AU$15.7b | AU$11.2b | -AU$406,224,554.52 | 49x | -38.7x | 1.4x |
| Mon, 05 Jul 2021 | AU$14.8b | AU$11.2b | -AU$406,224,554.52 | 43.8x | -36.4x | 1.3x |
| Thu, 08 Apr 2021 | AU$15.9b | AU$11.1b | -AU$450,196,279.20 | 71.1x | -35.3x | 1.4x |
| Sun, 10 Jan 2021 | AU$14.4b | AU$11.3b | -AU$388,165,345.33 | 40.5x | -37.1x | 1.3x |
Price to Earnings Ratio
-45.3x
Current Industry PE
- Investors are optimistic on the Australian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.6x which is higher than its 3-year average PE of -77.8x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- Total earnings for the Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | 0.80% | |
| Materials | -0.00088% | |
| Chemicals | 1.23% | |
| Diversified Chemicals | 2.10% | |
| Fertilizers and Agricultural Chemicals | 1.96% | |
| Commodity Chemicals | 0.58% | |
| Specialty Chemicals | 0.013% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 38.8x.
- Analysts are expecting annual earnings growth of 26.3%, which is lower than the prior year's growth of 104.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 26% over the next 5 years.
- However this is lower than its past earnings growth rate of 104% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 9.0% 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 | |
|---|---|---|---|---|---|
| IPL Incitec Pivot | AU$2.91 | 2.5% +AU$136.0m | -26.7% | PE20.5x | |
| A4N Alpha HPA | AU$0.90 | 7.1% +AU$56.0m | 25.0% | PS52044.8x | |
| CXL Calix | AU$3.47 | 3.0% +AU$18.1m | -31.4% | PS33.8x | |
| CLV Clover | AU$0.86 | 6.5% +AU$8.8m | -28.3% | PE23.1x | |
| TTT Titomic | AU$0.024 | 50.0% +AU$6.9m | -88.0% | PS4.6x |
