At €109, Is It Time To Put Wacker Chemie AG (ETR:WCH) On Your Watch List?
Apr 24
German (DAX) Materials Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies35
- 7D-0.01%
- 3M10.6%
- 1Y1.8%
- YTD3.0%
In the last week, the Materials industry is flat overall, with Covestro standing out by going down 4.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 29% annually.
Sector Valuation and Performance
Has the German Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €120.9b | €214.7b | -€27,650,154.99 | 12.8x | -4372.1x | 0.6x |
| Fri, 22 Mar 2024 | €123.7b | €214.7b | -€15,761,556.91 | 11.8x | -7847.7x | 0.6x |
| Sun, 18 Feb 2024 | €112.6b | €221.8b | -€2,923,898,604.84 | 10.8x | -38.5x | 0.5x |
| Tue, 16 Jan 2024 | €112.2b | €223.8b | -€2,614,163,241.00 | 11.3x | -42.9x | 0.5x |
| Thu, 14 Dec 2023 | €116.8b | €223.7b | -€2,455,039,573.00 | 11.2x | -47.6x | 0.5x |
| Sat, 11 Nov 2023 | €110.3b | €226.7b | €416.3m | 11.1x | 264.9x | 0.5x |
| Mon, 09 Oct 2023 | €108.3b | €236.3b | €2.4b | 9.8x | 45.7x | 0.5x |
| Wed, 06 Sep 2023 | €114.3b | €236.3b | €2.4b | 10.5x | 48.1x | 0.5x |
| Fri, 04 Aug 2023 | €117.1b | €240.9b | €4.0b | 10.5x | 29.2x | 0.5x |
| Sun, 02 Jul 2023 | €113.8b | €247.2b | €5.8b | 12.2x | 19.6x | 0.5x |
| Tue, 30 May 2023 | €115.5b | €247.2b | €5.8b | 13x | 19.9x | 0.5x |
| Thu, 27 Apr 2023 | €120.6b | €252.8b | €7.7b | 11.1x | 15.8x | 0.5x |
| Sat, 25 Mar 2023 | €113.1b | €252.8b | €7.6b | 10.4x | 14.8x | 0.4x |
| Mon, 20 Feb 2023 | €124.2b | €252.0b | €15.2b | 9.1x | 8.2x | 0.5x |
| Wed, 18 Jan 2023 | €124.7b | €252.3b | €15.5b | 9.2x | 8.1x | 0.5x |
| Fri, 16 Dec 2022 | €110.0b | €252.2b | €15.5b | 8x | 7.1x | 0.4x |
| Sun, 13 Nov 2022 | €117.1b | €250.5b | €16.2b | 8.9x | 7.2x | 0.5x |
| Tue, 11 Oct 2022 | €101.3b | €244.7b | €17.1b | 8.3x | 5.9x | 0.4x |
| Thu, 08 Sep 2022 | €104.2b | €244.6b | €17.1b | 9.2x | 6.1x | 0.4x |
| Sat, 06 Aug 2022 | €110.9b | €239.0b | €16.6b | 8.1x | 6.7x | 0.5x |
| Mon, 04 Jul 2022 | €104.7b | €232.2b | €16.5b | 8.3x | 6.4x | 0.5x |
| Wed, 01 Jun 2022 | €127.4b | €232.2b | €16.5b | 8.3x | 7.7x | 0.5x |
| Fri, 29 Apr 2022 | €128.6b | €219.7b | €15.3b | 9.7x | 8.4x | 0.6x |
| Sun, 27 Mar 2022 | €131.2b | €219.5b | €15.3b | 9.6x | 8.5x | 0.6x |
| Tue, 22 Feb 2022 | €146.5b | €210.2b | €14.1b | 11.2x | 10.4x | 0.7x |
| Thu, 20 Jan 2022 | €153.7b | €207.6b | €13.7b | 11.5x | 11.2x | 0.7x |
| Sat, 18 Dec 2021 | €143.9b | €207.6b | €13.7b | 11.3x | 10.5x | 0.7x |
| Mon, 15 Nov 2021 | €149.7b | €204.0b | €6.9b | 11.5x | 21.6x | 0.7x |
| Wed, 13 Oct 2021 | €147.8b | €195.8b | €2.6b | 15x | 56x | 0.8x |
| Fri, 10 Sep 2021 | €152.0b | €196.0b | €2.6b | 18x | 58x | 0.8x |
| Sun, 08 Aug 2021 | €154.7b | €196.1b | €2.6b | 16.1x | 58.6x | 0.8x |
| Sat, 01 May 2021 | €150.6b | €179.2b | -€3,329,983,889.00 | 16.7x | -45.2x | 0.8x |
Price to Earnings Ratio
-45.2x
Current Industry PE
- Investors are relatively neutral on the German Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Materials industry have improved over the last three years.
- Revenues for these companies have grown 6.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the German Materials sector?
| DE Market | 1.82% | |
| Materials | -0.0096% | |
| Paper and Forestry Products | 5.49% | |
| Packaging | 0.82% | |
| Chemicals | 0.48% | |
| Metals and Mining | -1.14% | |
| Basic Materials | -2.07% | |
Industry PE
- Investors are most optimistic about the Paper and Forestry Products industry even though it's trading below its 3-year average PE ratio of 17.9x.
- Analysts expect its future annual earnings growth (16.9%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 57% over the next 5 years.
- This is better than its past earnings decline of 76% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 4.3% 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 | |
|---|---|---|---|---|---|
| SY1 Symrise | €104.55 | 1.8% +€258.6m | -3.4% | PE42.9x | |
| BAS BASF | €51.08 | 0.2% +€98.2m | 1.9% | PE202.6x | |
| WCH Wacker Chemie | €108.70 | 1.1% +€57.1m | -21.7% | PE17.2x | |
| LXS LANXESS | €26.68 | 1.7% +€38.9m | -25.1% | PS0.3x | |
| SDF K+S | €13.90 | 0.8% +€19.7m | -23.2% | PE11.9x |
