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Brazilian (BOVESPA) Chemicals Industry Analysis

UpdatedJun 14, 2024
DataAggregated Company Financials
Companies5
  • 7D0.5%
  • 3M-19.7%
  • 1Y-28.8%
  • YTD-28.2%

In the last week, the Chemicals industry is flat overall, with Dexxos Participações standing out by going down 3.1%. Unfortunately though, the industry is down 30% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Jun 2024R$8.2bR$7.6bR$862.5m9.7x9.5x1.1x
Sun, 12 May 2024R$8.8bR$8.2bR$1.1b8.4x7.9x1.1x
Tue, 09 Apr 2024R$9.6bR$8.2bR$1.1b9.7x8.7x1.2x
Thu, 07 Mar 2024R$10.4bR$14.5bR$709.2m9.4x14.6x0.7x
Sat, 03 Feb 2024R$10.8bR$14.5bR$709.2m10.6x15.2x0.7x
Mon, 01 Jan 2024R$11.9bR$14.5bR$709.2m14.2x16.8x0.8x
Wed, 29 Nov 2023R$11.5bR$14.5bR$709.2m14.4x16.2x0.8x
Fri, 27 Oct 2023R$25.4bR$96.9b-R$2,684,399,000.0011.4x-9.5x0.3x
Sun, 24 Sep 2023R$29.9bR$96.9b-R$2,684,399,000.0013.2x-11.1x0.3x
Tue, 22 Aug 2023R$30.9bR$96.9b-R$2,684,399,000.0010.3x-11.5x0.3x
Thu, 20 Jul 2023R$32.9bR$105.7b-R$2,923,310,000.008.7x-11.2x0.3x
Sat, 17 Jun 2023R$35.9bR$105.7b-R$2,923,310,000.009.8x-12.3x0.3x
Mon, 15 May 2023R$30.9bR$105.6b-R$2,663,406,000.009x-11.6x0.3x
Wed, 12 Apr 2023R$28.3bR$113.4bR$1.2b5.6x23.3x0.2x
Fri, 10 Mar 2023R$29.0bR$123.5bR$4.5b5.2x6.4x0.2x
Sun, 05 Feb 2023R$30.7bR$123.5bR$4.5b5.7x6.8x0.2x
Tue, 03 Jan 2023R$32.4bR$123.5bR$4.5b4.8x7.2x0.3x
Thu, 01 Dec 2022R$37.3bR$123.5bR$4.5b5.3x8.3x0.3x
Sat, 29 Oct 2022R$40.9bR$125.8bR$10.0b4.5x4.1x0.3x
Mon, 26 Sep 2022R$38.7bR$125.8bR$10.0b4x3.9x0.3x
Wed, 24 Aug 2022R$41.7bR$125.8bR$10.1b4x4.1x0.3x
Fri, 22 Jul 2022R$41.0bR$125.2bR$18.9b4x2.2x0.3x
Sun, 19 Jun 2022R$43.5bR$125.2bR$18.9b4x2.3x0.3x
Tue, 17 May 2022R$47.7bR$120.3bR$17.3b4.1x2.8x0.4x
Thu, 14 Apr 2022R$49.0bR$119.8bR$17.2b4.7x2.8x0.4x
Sat, 12 Mar 2022R$49.8bR$108.3bR$16.8b5x3x0.5x
Mon, 07 Feb 2022R$56.6bR$108.3bR$16.8b5.9x3.4x0.5x
Wed, 05 Jan 2022R$59.8bR$108.3bR$16.8b6.1x3.6x0.6x
Fri, 03 Dec 2021R$54.1bR$108.3bR$16.8b5.4x3.2x0.5x
Sun, 31 Oct 2021R$54.3bR$91.7bR$10.8b7.9x5x0.6x
Tue, 28 Sep 2021R$57.9bR$91.7bR$10.8b8.4x5.3x0.6x
Thu, 26 Aug 2021R$61.4bR$91.0bR$10.8b7.9x5.7x0.7x
Fri, 02 Jul 2021R$60.2bR$91.0bR$10.8b8.7x5.6x0.7x
Price to Earnings Ratio

5.6x


Total Market Cap: R$60.2bTotal Earnings: R$10.8bTotal Revenue: R$91.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Chemicals Industry Price to Earnings3Y Average 4.4x202220232024
Current Industry PE
  • Investors are optimistic on the Brazilian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.7x which is higher than its 3-year average PE of 4.3x.
  • The 3-year average PS ratio of 0.49x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 57% per year over the last three years,
  • Revenues have also declined 56% 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 Brazilian Materials industry?

BR Market-1.62%
Materials0.53%
Chemicals0.52%
Fertilizers and Agricultural Chemicals1.88%
Commodity Chemicals0.55%
Diversified Chemicals0%
Industrial Gases0%
Specialty Chemicals-0.97%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 15.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Commodity Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.4x.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 31% per year.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VITT3 VittiaR$5.391.7%
+R$13.9m
-47.6%PE9.7x
NUTR3 Nutriplant Indústria e Comércio S/AR$5.414.0%
+R$2.8m
7.8%PE13.1x
FHER3 Fertilizantes HeringerR$3.780.3%
+R$538.6k
-74.2%PS0.04x
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