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Apr 20
German (DAX) Chemicals Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies18
- 7D-1.4%
- 3M12.3%
- 1Y-1.2%
- YTD2.2%
Over the last 7 days, the Chemicals industry has dropped 1.4%, driven by Covestro declining 4.8%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the German Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €94.9b | €127.2b | -€39,147,483.00 | 15.5x | -2424.4x | 0.7x |
| Fri, 22 Mar 2024 | €97.0b | €127.2b | -€31,907,209.00 | 14.1x | -3040.5x | 0.8x |
| Sun, 18 Feb 2024 | €88.4b | €133.6b | -€2,982,235,209.00 | 12.2x | -29.6x | 0.7x |
| Tue, 16 Jan 2024 | €86.4b | €133.6b | -€2,980,615,209.00 | 12.1x | -29x | 0.6x |
| Thu, 14 Dec 2023 | €91.6b | €133.6b | -€2,980,615,209.00 | 11.8x | -30.7x | 0.7x |
| Sat, 11 Nov 2023 | €86.6b | €134.3b | -€2,655,191,209.00 | 11.3x | -32.6x | 0.6x |
| Mon, 09 Oct 2023 | €84.3b | €143.9b | -€701,228,845.00 | 9.9x | -120.3x | 0.6x |
| Wed, 06 Sep 2023 | €90.0b | €143.9b | -€699,067,207.00 | 10.5x | -128.8x | 0.6x |
| Fri, 04 Aug 2023 | €91.5b | €145.8b | €507.6m | 11x | 180.3x | 0.6x |
| Sun, 02 Jul 2023 | €88.1b | €152.7b | €2.6b | 11.9x | 34.5x | 0.6x |
| Tue, 30 May 2023 | €91.5b | €152.7b | €2.6b | 12x | 35.9x | 0.6x |
| Thu, 27 Apr 2023 | €96.0b | €157.4b | €3.3b | 13x | 29.3x | 0.6x |
| Sat, 25 Mar 2023 | €90.4b | €157.3b | €3.3b | 11.7x | 27.6x | 0.6x |
| Mon, 20 Feb 2023 | €99.2b | €157.9b | €10.9b | 9.6x | 9.1x | 0.6x |
| Wed, 18 Jan 2023 | €100.8b | €157.9b | €10.9b | 9.6x | 9.3x | 0.6x |
| Fri, 16 Dec 2022 | €89.6b | €157.9b | €10.9b | 8.5x | 8.2x | 0.6x |
| Sun, 13 Nov 2022 | €96.6b | €157.1b | €11.9b | 9x | 8.1x | 0.6x |
| Tue, 11 Oct 2022 | €84.8b | €152.2b | €12.7b | 8.6x | 6.7x | 0.6x |
| Thu, 08 Sep 2022 | €85.9b | €152.2b | €12.7b | 9.7x | 6.8x | 0.6x |
| Sat, 06 Aug 2022 | €90.9b | €149.7b | €12.4b | 9x | 7.3x | 0.6x |
| Mon, 04 Jul 2022 | €86.6b | €144.4b | €12.0b | 9.2x | 7.2x | 0.6x |
| Wed, 01 Jun 2022 | €103.0b | €144.4b | €12.0b | 9.2x | 8.6x | 0.7x |
| Fri, 29 Apr 2022 | €103.9b | €136.0b | €11.9b | 9.7x | 8.7x | 0.8x |
| Sun, 27 Mar 2022 | €105.4b | €135.8b | €11.9b | 9.4x | 8.9x | 0.8x |
| Tue, 22 Feb 2022 | €119.7b | €127.9b | €10.8b | 10.9x | 11.1x | 0.9x |
| Thu, 20 Jan 2022 | €125.9b | €127.9b | €10.8b | 12.1x | 11.6x | 1x |
| Sat, 18 Dec 2021 | €118.7b | €127.9b | €10.8b | 11.4x | 11x | 0.9x |
| Mon, 15 Nov 2021 | €123.7b | €127.1b | €7.7b | 14.5x | 16x | 1x |
| Wed, 13 Oct 2021 | €122.4b | €118.2b | €3.7b | 19.3x | 32.7x | 1x |
| Fri, 10 Sep 2021 | €124.7b | €118.4b | €3.7b | 19.4x | 33.5x | 1.1x |
| Sun, 08 Aug 2021 | €125.8b | €118.5b | €3.7b | 17.4x | 33.7x | 1.1x |
| Sat, 01 May 2021 | €121.1b | €107.4b | €906.8m | 17.3x | 133.5x | 1.1x |
Price to Earnings Ratio
133.5x
Current Industry PE
- Investors are relatively neutral on the German Chemicals 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 0.75x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 5.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Materials industry?
| DE Market | -1.97% | |
| Materials | -2.14% | |
| Chemicals | -1.45% | |
| Fertilizers and Agricultural Chemicals | 1.45% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.046% | |
| Diversified Chemicals | -2.57% | |
| Commodity Chemicals | -2.79% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 10.8x.
- Analysts are expecting annual earnings growth of 33.3%, which is higher than its past year's earnings decline of 33.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 35% over the next 5 years.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 20% 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 | |
|---|---|---|---|---|---|
| BAS BASF | €51.08 | 1.1% +€490.9m | 1.8% | PE202.6x | |
| SY1 Symrise | €104.55 | 1.4% +€202.7m | -3.1% | PE42.9x | |
| LXS LANXESS | €26.68 | 3.9% +€85.5m | -24.2% | PS0.3x | |
| WCH Wacker Chemie | €108.70 | 1.2% +€64.6m | -21.5% | PE17.2x | |
| EVK Evonik Industries | €19.20 | 0.5% +€41.9m | -1.3% | PS0.6x |
