Narrative Update • Apr 29
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- 7D0.5%
- 3M-5.5%
- 1Y16.1%
- YTDn/a
The Commodity Chemicals industry has been flat over the last week, but Myeco Group has lost 14%. As for the the longer term, the industry is up 16% over the past 12 months. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Australian Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 May 2026 | AU$12.1b | AU$8.3b | AU$118.4m | 42.5x | 101.8x | 1.5x |
| Sat, 25 Apr 2026 | AU$11.3b | AU$8.3b | AU$15.1m | 60.6x | 743.2x | 1.3x |
| Mon, 23 Mar 2026 | AU$10.3b | AU$8.3b | AU$15.2m | 55.5x | 676.8x | 1.2x |
| Wed, 18 Feb 2026 | AU$13.6b | AU$8.3b | AU$48.1m | 74.3x | 283.1x | 1.6x |
| Fri, 16 Jan 2026 | AU$13.8b | AU$8.3b | AU$48.0m | 74.6x | 288.3x | 1.7x |
| Sun, 14 Dec 2025 | AU$12.1b | AU$8.3b | AU$67.6m | 68.1x | 179.5x | 1.5x |
| Tue, 11 Nov 2025 | AU$11.9b | AU$8.1b | AU$3.4m | 109.1x | 3533.9x | 1.5x |
| Thu, 09 Oct 2025 | AU$11.1b | AU$8.1b | AU$3.4m | 101.4x | 3293.9x | 1.4x |
| Sat, 06 Sep 2025 | AU$11.2b | AU$8.1b | AU$3.4m | 101.9x | 3329.1x | 1.4x |
| Mon, 04 Aug 2025 | AU$11.4b | AU$8.1b | AU$6.8m | 66.5x | 1676x | 1.4x |
| Wed, 02 Jul 2025 | AU$10.5b | AU$8.1b | AU$6.8m | 64.5x | 1542x | 1.3x |
| Fri, 30 May 2025 | AU$10.4b | AU$8.1b | AU$6.8m | 62.5x | 1520.8x | 1.3x |
| Sun, 27 Apr 2025 | AU$8.9b | AU$7.9b | AU$433.3m | 25x | 20.6x | 1.1x |
| Tue, 25 Mar 2025 | AU$9.7b | AU$7.9b | AU$433.3m | 27.9x | 22.5x | 1.2x |
| Thu, 20 Feb 2025 | AU$9.7b | AU$7.9b | AU$445.5m | 30.7x | 21.7x | 1.2x |
| Sat, 18 Jan 2025 | AU$9.5b | AU$7.9b | AU$445.4m | 30.4x | 21.2x | 1.2x |
| Mon, 16 Dec 2024 | AU$10.0b | AU$7.9b | AU$448.2m | 34.5x | 22.3x | 1.3x |
| Wed, 13 Nov 2024 | AU$9.9b | AU$7.8b | AU$434.2m | 33x | 22.9x | 1.3x |
| Fri, 11 Oct 2024 | AU$10.4b | AU$7.8b | AU$434.2m | 34.3x | 23.9x | 1.3x |
| Sun, 08 Sep 2024 | AU$10.0b | AU$7.8b | AU$434.2m | 29.7x | 23x | 1.3x |
| Tue, 06 Aug 2024 | AU$9.6b | AU$7.8b | AU$440.6m | 16.5x | 21.8x | 1.2x |
| Thu, 04 Jul 2024 | AU$9.9b | AU$7.8b | AU$440.6m | 16.6x | 22.5x | 1.3x |
| Sat, 01 Jun 2024 | AU$10.2b | AU$7.8b | AU$440.6m | 17.4x | 23.2x | 1.3x |
| Mon, 29 Apr 2024 | AU$10.1b | AU$8.1b | AU$225.7m | 29.2x | 44.7x | 1.2x |
| Wed, 27 Mar 2024 | AU$10.0b | AU$8.1b | AU$225.7m | 29.7x | 44.2x | 1.2x |
| Fri, 23 Feb 2024 | AU$9.2b | AU$8.1b | AU$235.3m | 26.2x | 38.9x | 1.1x |
| Sun, 21 Jan 2024 | AU$8.8b | AU$8.1b | AU$230.9m | 24.7x | 38.2x | 1.1x |
| Tue, 19 Dec 2023 | AU$9.2b | AU$8.1b | AU$230.9m | 25.4x | 40x | 1.1x |
| Thu, 16 Nov 2023 | AU$8.9b | AU$8.1b | AU$230.9m | 24.7x | 38.6x | 1.1x |
| Sat, 14 Oct 2023 | AU$8.4b | AU$8.2b | AU$202.5m | 26.6x | 41.7x | 1x |
| Mon, 11 Sep 2023 | AU$9.0b | AU$8.2b | AU$202.5m | 26.6x | 44.4x | 1.1x |
| Wed, 09 Aug 2023 | AU$9.2b | AU$8.2b | AU$217.7m | 36.7x | 42.3x | 1.1x |
| Fri, 07 Jul 2023 | AU$8.8b | AU$8.2b | AU$217.7m | 37.8x | 40.3x | 1.1x |
| Sun, 04 Jun 2023 | AU$8.9b | AU$8.2b | AU$217.7m | 39.8x | 40.7x | 1.1x |
Price to Earnings Ratio
40.7x
Current Industry PE
- Investors are pessimistic on the Australian Commodity 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 102x which is lower than its 3-year average PE of 500x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 18% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Commodity Chemicals compare with similar industries?
| AU Market | 0.49% | |
| Materials | 3.33% | |
| Chemicals | 1.67% | |
| Commodity Chemicals | 0.46% | |
| Specialty Chemicals | 7.88% | |
| Fertilizers and Agricultural Chemicals | 5.06% | |
| Diversified Chemicals | 2.47% | |
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 | |
|---|---|---|---|---|---|
| ORI Orica | AU$23.15 | 2.1% +AU$222.4m | 23.7% | PE42.8x | |
| A4N Alpha HPA | AU$0.69 | 14.0% +AU$123.4m | -25.0% | PS1964.1x | |
| AEM Advanced Energy Minerals | AU$0.41 | 3.8% +AU$8.8m | n/a | PS383.6x | |
| CXL Calix | AU$0.48 | 9.0% +AU$8.6m | 31.1% | PS3.4x | |
| SDV SciDev | AU$0.098 | 3.2% +AU$570.3k | -71.6% | PS0.2x |