Narrative Update • Sep 03
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- 7D-2.0%
- 3M7.9%
- 1Y13.5%
- YTD8.2%
Over the last 7 days, the Chemicals industry has remained flat. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Belgian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 11 Sep 2026 | €19.4b | €37.9b | €525.9m | 14x | 36.9x | 0.5x |
| Sun, 09 Aug 2026 | €19.8b | €37.9b | €420.3m | 12.6x | 47.1x | 0.5x |
| Tue, 07 Jul 2026 | €17.4b | €32.7b | €336.2m | 12.9x | 51.7x | 0.5x |
| Thu, 04 Jun 2026 | €18.8b | €32.7b | €336.2m | 14.5x | 55.8x | 0.6x |
| Sat, 02 May 2026 | €15.8b | €32.9b | €356.2m | 43.4x | 44.3x | 0.5x |
| Mon, 30 Mar 2026 | €14.4b | €32.8b | €411.7m | 42.7x | 34.9x | 0.4x |
| Wed, 25 Feb 2026 | €18.8b | €33.6b | €575.7m | 16.5x | 32.7x | 0.6x |
| Fri, 23 Jan 2026 | €18.6b | €30.3b | €320.0m | 27.7x | 58x | 0.6x |
| Sun, 21 Dec 2025 | €17.4b | €30.3b | €320.0m | 25.3x | 54.3x | 0.6x |
| Tue, 18 Nov 2025 | €17.6b | €30.3b | €320.0m | 25x | 55x | 0.6x |
| Thu, 16 Oct 2025 | €17.6b | €30.5b | €265.0m | 27.2x | 66.5x | 0.6x |
| Sat, 13 Sep 2025 | €17.1b | €30.5b | €266.6m | 22.6x | 64x | 0.6x |
| Mon, 11 Aug 2025 | €18.1b | €30.4b | €336.5m | 25.9x | 53.7x | 0.6x |
| Wed, 09 Jul 2025 | €17.2b | €29.4b | -€1,256,412,335.00 | 27.3x | -13.7x | 0.6x |
| Fri, 06 Jun 2025 | €16.2b | €29.4b | -€1,256,412,335.00 | 26.6x | -12.9x | 0.6x |
| Sun, 04 May 2025 | €15.8b | €29.5b | -€1,127,309,627.00 | 26.1x | -14x | 0.5x |
| Tue, 01 Apr 2025 | €15.9b | €29.5b | -€1,127,309,627.00 | 26x | -14.1x | 0.5x |
| Thu, 27 Feb 2025 | €17.5b | €29.6b | -€1,424,132,627.00 | 17.1x | -12.3x | 0.6x |
| Sat, 25 Jan 2025 | €16.9b | €30.4b | -€1,254,357,627.00 | 16.9x | -13.4x | 0.6x |
| Mon, 23 Dec 2024 | €16.3b | €30.4b | -€1,254,357,627.00 | 16.7x | -13x | 0.5x |
| Wed, 20 Nov 2024 | €9.4b | €23.6b | -€1,173,357,627.00 | 16.8x | -8x | 0.4x |
| Fri, 18 Oct 2024 | €10.5b | €23.8b | -€1,091,357,627.00 | 26.8x | -9.6x | 0.4x |
| Sun, 15 Sep 2024 | €17.1b | €30.5b | -€1,069,357,627.00 | 35.7x | -16x | 0.6x |
| Tue, 13 Aug 2024 | €17.4b | €30.8b | -€1,053,532,627.00 | 37.2x | -16.5x | 0.6x |
| Thu, 11 Jul 2024 | €19.7b | €33.7b | €736.7m | 22.6x | 26.7x | 0.6x |
| Sat, 08 Jun 2024 | €21.5b | €34.1b | €1.0b | 22.3x | 21.2x | 0.6x |
| Mon, 06 May 2024 | €22.4b | €34.7b | €1.0b | 18.8x | 21.6x | 0.6x |
| Wed, 03 Apr 2024 | €20.8b | €34.7b | €1.0b | 13.6x | 20.1x | 0.6x |
| Fri, 01 Mar 2024 | €19.9b | €43.5b | €2.7b | 11.3x | 7.3x | 0.5x |
| Sun, 28 Jan 2024 | €21.4b | €47.8b | €2.8b | 11.2x | 7.6x | 0.4x |
| Tue, 26 Dec 2023 | €23.7b | €48.4b | €2.8b | 12.4x | 8.4x | 0.5x |
| Thu, 23 Nov 2023 | €21.4b | €40.4b | €2.1b | 11.7x | 10.3x | 0.5x |
| Sat, 21 Oct 2023 | €20.4b | €41.8b | €2.3b | 11.4x | 8.9x | 0.5x |
| Mon, 18 Sep 2023 | €22.1b | €41.8b | €2.3b | 11.6x | 9.6x | 0.5x |
Price to Earnings Ratio
9.6x
Current Industry PE
- Investors are optimistic on the Belgian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.7x which is higher than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 39% per year over the last three years,
- Revenues have also declined 3.2% 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 Belgian Materials industry?
| BE Market | -3.04% | |
| Materials | -2.65% | |
| Chemicals | -2.03% | |
| Industrial Gases | 0% | 0 |
| Diversified Chemicals | -0.20% | |
| Specialty Chemicals | -2.36% | |
| Commodity Chemicals | -2.96% | |
| Fertilizers and Agricultural Chemicals | -13.15% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 46.7x.
- Analysts are expecting annual earnings growth of 24.8%, which is lower than the prior year's growth of 278.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 97% per year.
- In contrast, the Fertilizers and Agricultural 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 | |
|---|---|---|---|---|---|
| SOLB Solvay | €26.06 | 0.5% +€12.6m | -5.2% | PE681.6x |