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Australian (ASX) Chemicals Industry Analysis

UpdatedJun 14, 2026
DataAggregated Company Financials
Companies27
  • 7D0.6%
  • 3M21.6%
  • 1Y24.8%
  • YTD1.6%

The Chemicals industry has been flat over the last week, but Clover has lost 11%. As for the the longer term, the industry is up 25% over the past 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Australian Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Jun 2026AU$21.3bAU$16.2bAU$17.4m30.6x1225.3x1.3x
Tue, 12 May 2026AU$19.9bAU$16.1b-AU$99,841,291.4038.2x-199.1x1.2x
Thu, 09 Apr 2026AU$19.2bAU$15.7b-AU$148,852,496.9040.6x-129.3x1.2x
Sat, 07 Mar 2026AU$19.9bAU$15.7b-AU$143,638,809.4441.6x-138.2x1.3x
Mon, 02 Feb 2026AU$21.9bAU$15.7b-AU$107,290,575.3946.3x-204.3x1.4x
Wed, 31 Dec 2025AU$20.5bAU$15.7b-AU$87,741,425.5548.1x-234.1x1.3x
Fri, 28 Nov 2025AU$20.4bAU$16.2b-AU$115,739,982.9560.5x-176.3x1.3x
Sun, 26 Oct 2025AU$19.6bAU$17.5b-AU$550,578,141.0783.5x-35.6x1.1x
Tue, 23 Sep 2025AU$18.7bAU$17.5b-AU$550,280,591.0951.6x-34.1x1.1x
Thu, 21 Aug 2025AU$19.1bAU$17.5b-AU$471,600,222.2126.7x-40.5x1.1x
Sat, 19 Jul 2025AU$18.5bAU$17.5b-AU$471,557,420.8924.9x-39.3x1.1x
Mon, 16 Jun 2025AU$17.2bAU$17.5b-AU$478,640,806.4123x-35.9x1x
Wed, 14 May 2025AU$17.6bAU$17.4b-AU$463,696,716.0127x-37.9x1x
Fri, 11 Apr 2025AU$15.4bAU$17.2b-AU$151,289,051.1219.8x-101.8x0.9x
Sun, 09 Mar 2025AU$17.0bAU$17.1b-AU$144,447,023.1422x-117.4x1x
Tue, 04 Feb 2025AU$17.9bAU$17.1b-AU$147,366,098.5316.2x-121.4x1x
Thu, 02 Jan 2025AU$17.2bAU$17.1b-AU$144,497,617.3515.4x-119.2x1x
Sat, 30 Nov 2024AU$18.9bAU$17.1b-AU$145,319,685.1234.6x-129.8x1.1x
Mon, 28 Oct 2024AU$18.3bAU$16.9bAU$193.7m33.6x94.4x1.1x
Wed, 25 Sep 2024AU$18.4bAU$16.9bAU$194.8m28.4x94.4x1.1x
Fri, 23 Aug 2024AU$18.1bAU$16.8bAU$186.9m28.1x96.8x1.1x
Sun, 21 Jul 2024AU$18.0bAU$16.8bAU$188.3m29.9x95.4x1.1x
Tue, 18 Jun 2024AU$18.2bAU$16.8bAU$188.1m30x96.5x1.1x
Thu, 16 May 2024AU$18.6bAU$17.3bAU$711.5m19.6x26.2x1.1x
Sat, 13 Apr 2024AU$18.4bAU$17.6bAU$496.5m24.6x37.1x1x
Mon, 11 Mar 2024AU$17.9bAU$17.6bAU$518.5m21.9x34.6x1x
Wed, 07 Feb 2024AU$16.9bAU$17.6bAU$555.9m21.4x30.5x1x
Fri, 05 Jan 2024AU$17.7bAU$17.6bAU$416.8m21.5x42.4x1x
Sun, 03 Dec 2023AU$17.4bAU$17.6bAU$429.5m21.8x40.4x1x
Tue, 31 Oct 2023AU$16.1bAU$19.2bAU$1.0b17.2x15.6x0.8x
Thu, 28 Sep 2023AU$17.4bAU$19.3bAU$1.0b19.5x17.2x0.9x
Sat, 26 Aug 2023AU$17.6bAU$19.2bAU$1.0b19.7x17.1x0.9x
Mon, 24 Jul 2023AU$18.1bAU$19.2bAU$1.0b22.3x17.6x0.9x
Wed, 21 Jun 2023AU$17.6bAU$19.2bAU$1.0b23.1x17.4x0.9x
Price to Earnings Ratio

17.4x


Total Market Cap: AU$17.6bTotal Earnings: AU$1.0bTotal Revenue: AU$19.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Chemicals Industry Price to Earnings3Y Average 28.2x202420252026
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 1kx which is higher than its 3-year average PE of 28.2x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 74% per year over the last three years,
  • Revenues have also declined 5.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Australian Materials industry?

AU Market1.68%
Materials0.58%
Chemicals0.63%
Fertilizers and Agricultural Chemicals1.37%
Commodity Chemicals1.30%
Diversified Chemicals0.26%
Specialty Chemicals-5.76%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 501x.
    • Analysts are expecting annual earnings growth of 29.0%, which is lower than the prior year's growth of 155.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 114% over the next 5 years.
  • In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ORI OricaAU$23.181.0%
+AU$106.6m		21.2%PE42.8x
A4N Alpha HPAAU$0.784.7%
+AU$50.8m		-1.9%PS2220.3x
NUF NufarmAU$2.902.8%
+AU$30.7m		29.5%PS0.3x
DNL Dyno NobelAU$3.860.3%
+AU$17.6m		44.0%PE26.5x
SPN Sparc TechnologiesAU$0.3421.4%
+AU$7.2m		126.7%PS34.7x

Latest News

A4N
AU$0.78
Alpha HPA
7D
4.7%
1Y
-1.9%
DGL
AU$0.30
DGL Group
7D
-9.0%
1Y
-23.8%
DNL
AU$3.86
Dyno Nobel
7D
0.3%
1Y
44.0%
Narrative Update • Jun 07

DNL: Pure Play Explosives Focus And Dividend Payout Will Support Measured Returns

Dyno Nobel's analyst price target has been revised slightly to A$3.62 from A$3.61 as analysts fine tune their models around a modestly lower discount rate, a small shift in expected revenue decline, a marginally higher profit margin, and a steady future P/E assumption. What's in the News Dyno Nobel shares recently reached a multi year high, with the move linked in news reports to the company becoming a pure play explosives business and reporting an 83% rise in half year profit.
ADO
AU$0.024
AnteoTech
7D
-14.3%
1Y
140.0%
ORI
AU$23.18
Orica
7D
1.0%
1Y
21.2%
CXL
AU$0.41
Calix
7D
-5.7%
1Y
43.9%
Narrative Update • Jun 03

CXL: Index Inclusion And Refined Earnings Profile Will Support Future Upside

Analysts have adjusted their price target for Calix to reflect unchanged fair value at A$2.05, a slightly updated discount rate and revenue growth inputs, a lower profit margin assumption and a higher future P/E of 134.20x, which together refine their view of the stock's risk and earnings profile. What's in the News Calix Limited (ASX:CXL) has been added to the S&P/ASX All Ordinaries Index, according to S&P Dow Jones Indices.
CP8
AU$0.14
Canadian Phosphate
7D
-20.0%
1Y
268.4%
NUF
AU$2.90
Nufarm
7D
2.8%
1Y
29.5%
Narrative Update • May 31

NUF: Cyclical Turn In Crop Protection May Support Deleveraging Ahead

Nufarm's updated analyst price target of about A$3.48, up from A$3.10, reflects analysts' focus on the confirmed cyclical inflection in Crop Protection and Seeds, an improved cashflow outlook that supports deleveraging, and a sharper emphasis on margins, cost reductions, and lower capex. Analyst Commentary Bullish Takeaways Bullish analysts point to the confirmed cyclical inflection in Crop Protection and Seeds as a key support for the upgraded A$3.50 to A$3.60 price target range, suggesting more confidence in the earnings base that underpins valuation.
CLV
AU$0.85
Clover
7D
-10.9%
1Y
69.3%
TGH
AU$0.021
Terragen Holdings
7D
5.0%
1Y
5.0%
AEM
AU$0.40
Advanced Energy Minerals
7D
2.6%
1Y
n/a
TTT
AU$0.23
Titomic
7D
-4.2%
1Y
-23.3%
SDV
AU$0.091
SciDev
7D
5.2%
1Y
-69.0%
HZR
AU$0.33
Hazer Group
7D
-9.7%
1Y
-9.7%
Analysis Article • Apr 15

Companies Like Hazer Group (ASX:HZR) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
SPN
AU$0.34
Sparc Technologies
7D
21.4%
1Y
126.7%
Analysis Article • Apr 10

Here's Why We're Watching Sparc Technologies' (ASX:SPN) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
ZNO
AU$0.065
Zoono Group
7D
-7.1%
1Y
103.1%