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Australian (ASX) Chemicals Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies29
- 7D3.2%
- 3M4.6%
- 1Y5.6%
- YTD3.7%
The Chemicals industry is up 3.2% in the last week, with Orica up 4.6%. Meanwhile, Parkway actually underperformed within the industry, shrinking 9.1% in the last week. This takes the industry's 12 month performance to a gain of 5.6%. Earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | AU$19.0b | AU$16.9b | AU$194.4m | 34.8x | 97.5x | 1.1x |
| Sun, 25 Aug 2024 | AU$18.0b | AU$16.8b | AU$184.8m | 28.1x | 97.7x | 1.1x |
| Tue, 23 Jul 2024 | AU$17.9b | AU$16.8b | AU$188.3m | 29.5x | 95.2x | 1.1x |
| Thu, 20 Jun 2024 | AU$18.2b | AU$16.8b | AU$188.1m | 29.6x | 96.6x | 1.1x |
| Sat, 18 May 2024 | AU$18.8b | AU$17.0b | AU$293.2m | 19.2x | 64.2x | 1.1x |
| Mon, 15 Apr 2024 | AU$18.4b | AU$17.6b | AU$496.5m | 24.6x | 37.1x | 1x |
| Wed, 13 Mar 2024 | AU$17.6b | AU$17.6b | AU$518.5m | 21.6x | 34x | 1x |
| Fri, 09 Feb 2024 | AU$17.1b | AU$17.6b | AU$555.9m | 21.4x | 30.7x | 1x |
| Sun, 07 Jan 2024 | AU$17.7b | AU$17.6b | AU$416.8m | 21.4x | 42.4x | 1x |
| Tue, 05 Dec 2023 | AU$17.4b | AU$17.6b | AU$429.5m | 21.8x | 40.4x | 1x |
| Thu, 02 Nov 2023 | AU$16.2b | AU$19.2b | AU$1.0b | 17.4x | 15.7x | 0.8x |
| Sat, 30 Sep 2023 | AU$17.6b | AU$19.3b | AU$1.0b | 19.9x | 17.4x | 0.9x |
| Mon, 28 Aug 2023 | AU$17.6b | AU$19.2b | AU$1.0b | 19.7x | 17.1x | 0.9x |
| Wed, 26 Jul 2023 | AU$18.2b | AU$19.2b | AU$1.0b | 21.8x | 17.6x | 0.9x |
| Fri, 23 Jun 2023 | AU$17.6b | AU$19.2b | AU$1.0b | 23.3x | 17.3x | 0.9x |
| Sun, 21 May 2023 | AU$18.8b | AU$19.3b | AU$1.0b | 25.9x | 18.5x | 1x |
| Tue, 18 Apr 2023 | AU$19.5b | AU$18.1b | AU$1.0b | 23x | 19.5x | 1.1x |
| Thu, 16 Mar 2023 | AU$18.8b | AU$18.1b | AU$1.1b | 24.7x | 17.3x | 1x |
| Sat, 11 Feb 2023 | AU$19.5b | AU$18.0b | AU$1.1b | 27.4x | 17.8x | 1.1x |
| Mon, 09 Jan 2023 | AU$19.6b | AU$18.0b | AU$1.1b | 26x | 17.9x | 1.1x |
| Wed, 07 Dec 2022 | AU$20.2b | AU$18.0b | AU$1.1b | 26.3x | 18.5x | 1.1x |
| Fri, 04 Nov 2022 | AU$19.4b | AU$15.4b | AU$163.4m | 23.4x | 118.5x | 1.3x |
| Sun, 02 Oct 2022 | AU$18.1b | AU$15.4b | AU$164.8m | 20x | 109.7x | 1.2x |
| Tue, 30 Aug 2022 | AU$20.7b | AU$15.3b | AU$223.7m | 32.1x | 92.7x | 1.4x |
| Thu, 28 Jul 2022 | AU$19.1b | AU$15.3b | AU$258.2m | 32.6x | 73.8x | 1.2x |
| Sat, 25 Jun 2022 | AU$17.9b | AU$15.3b | AU$262.9m | 30.8x | 68.2x | 1.2x |
| Mon, 23 May 2022 | AU$20.3b | AU$14.5b | -AU$84,638,391.00 | 45.3x | -239.6x | 1.4x |
| Wed, 20 Apr 2022 | AU$22.2b | AU$13.3b | -AU$48,127,622.00 | 54.4x | -462.2x | 1.7x |
| Fri, 18 Mar 2022 | AU$19.4b | AU$13.3b | -AU$37,542,464.00 | 45.8x | -516.5x | 1.5x |
| Sun, 13 Feb 2022 | AU$18.7b | AU$13.2b | -AU$30,743,452.00 | 39.4x | -609.3x | 1.4x |
| Tue, 11 Jan 2022 | AU$18.4b | AU$13.2b | -AU$30,694,632.00 | 39.4x | -599x | 1.4x |
| Thu, 09 Dec 2021 | AU$18.0b | AU$13.2b | -AU$30,689,839.00 | 36.1x | -584.9x | 1.4x |
| Sat, 06 Nov 2021 | AU$19.1b | AU$11.2b | -AU$427,254,148.00 | 50.2x | -44.7x | 1.7x |
| Mon, 04 Oct 2021 | AU$17.5b | AU$11.2b | -AU$426,114,416.00 | 58x | -41.1x | 1.6x |
Price to Earnings Ratio
-41.1x
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 97.5x which is higher than its 3-year average PE of -49.2x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
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 | 0.42% | |
| Materials | 6.54% | |
| Chemicals | 3.22% | |
| Specialty Chemicals | 7.95% | |
| Commodity Chemicals | 4.19% | |
| Fertilizers and Agricultural Chemicals | 2.64% | |
| Diversified Chemicals | 1.30% | |
| 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 26.6x.
- Analysts are expecting annual earnings growth of 12.1%, which is lower than the prior year's growth of 91.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 103% over the next 5 years.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 12% 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$18.42 | 4.6% +AU$394.5m | 18.2% | PE17.6x | |
| A4N Alpha HPA | AU$1.09 | 11.2% +AU$124.8m | 40.6% | PS28071.6x | |
| IPL Incitec Pivot | AU$3.13 | 1.0% +AU$42.8m | -0.3% | PS1.1x | |
| NUF Nufarm | AU$3.97 | 2.3% +AU$34.4m | -16.4% | PS0.5x | |
| CLV Clover | AU$0.51 | 40.3% +AU$24.2m | -51.9% | PE55.7x |
