Is Now The Time To Look At Buying Evonik Industries AG (ETR:EVK)?
Jan 17
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German (DAX) Chemicals Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies18
- 7D5.2%
- 3M-6.8%
- 1Y4.2%
- YTD3.1%
In the last week, the Chemicals industry is up 5.2%, with BASF up 7.3%. In the same time, AlzChem Group was down 5.6%. In the last 12 months, the industry was up 4.2%. Earnings are forecast to grow by 33% 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, 22 Jan 2025 | €87.1b | €122.1b | €720.2m | 25.9x | 121x | 0.7x |
| Fri, 20 Dec 2024 | €84.3b | €122.1b | €722.6m | 22.6x | 116.7x | 0.7x |
| Sun, 17 Nov 2024 | €94.5b | €128.9b | €640.8m | 23.4x | 147.4x | 0.7x |
| Tue, 15 Oct 2024 | €103.1b | €128.8b | -€331,077,792.00 | 16.6x | -311.4x | 0.8x |
| Thu, 12 Sep 2024 | €88.6b | €122.0b | -€353,077,793.00 | 14.7x | -250.9x | 0.7x |
| Sat, 10 Aug 2024 | €85.5b | €122.1b | -€516,265,620.00 | 12.4x | -165.5x | 0.7x |
| Mon, 08 Jul 2024 | €91.5b | €123.4b | -€573,411,639.00 | 13.8x | -159.7x | 0.7x |
| Wed, 05 Jun 2024 | €92.5b | €123.4b | -€577,033,179.55 | 15.1x | -160.2x | 0.7x |
| Fri, 03 May 2024 | €92.0b | €124.1b | -€334,673,210.40 | 15.5x | -274.9x | 0.7x |
| Sun, 31 Mar 2024 | €97.7b | €127.2b | -€39,111,730.00 | 14.9x | -2497.4x | 0.8x |
| Tue, 27 Feb 2024 | €87.9b | €130.1b | €277.8m | 13.4x | 316.6x | 0.7x |
| Thu, 25 Jan 2024 | €85.0b | €133.6b | -€2,982,235,209.00 | 12.6x | -28.5x | 0.6x |
| Sat, 23 Dec 2023 | €92.9b | €133.6b | -€2,980,615,209.00 | 13.1x | -31.2x | 0.7x |
| Mon, 20 Nov 2023 | €87.8b | €133.6b | -€2,987,986,209.00 | 12.6x | -29.4x | 0.7x |
| Wed, 18 Oct 2023 | €84.9b | €143.9b | -€701,228,845.00 | 10x | -121x | 0.6x |
| Fri, 15 Sep 2023 | €89.8b | €143.9b | -€699,067,209.00 | 10.5x | -128.5x | 0.6x |
| Sun, 13 Aug 2023 | €90.6b | €144.0b | -€677,443,974.00 | 9.3x | -133.7x | 0.6x |
| Tue, 11 Jul 2023 | €88.5b | €152.7b | €2.6b | 11.7x | 34.7x | 0.6x |
| Thu, 08 Jun 2023 | €89.2b | €152.7b | €2.5b | 11.2x | 35x | 0.6x |
| Sat, 06 May 2023 | €94.5b | €154.5b | €3.6b | 12.4x | 26.1x | 0.6x |
| Mon, 03 Apr 2023 | €94.4b | €157.4b | €3.3b | 11.6x | 28.8x | 0.6x |
| Wed, 01 Mar 2023 | €95.1b | €157.5b | €5.1b | 10.2x | 18.5x | 0.6x |
| Fri, 27 Jan 2023 | €99.7b | €157.9b | €10.9b | 9.7x | 9.2x | 0.6x |
| Sun, 25 Dec 2022 | €90.0b | €157.9b | €10.9b | 8.8x | 8.3x | 0.6x |
| Tue, 22 Nov 2022 | €93.7b | €157.1b | €11.9b | 9.5x | 7.9x | 0.6x |
| Thu, 20 Oct 2022 | €86.9b | €152.2b | €12.7b | 8.8x | 6.9x | 0.6x |
| Sat, 17 Sep 2022 | €83.1b | €152.2b | €12.7b | 8.9x | 6.6x | 0.5x |
| Mon, 15 Aug 2022 | €91.6b | €152.0b | €12.7b | 9.3x | 7.2x | 0.6x |
| Wed, 13 Jul 2022 | €87.2b | €144.4b | €12.0b | 8.6x | 7.3x | 0.6x |
| Fri, 10 Jun 2022 | €104.0b | €144.4b | €12.0b | 9.3x | 8.7x | 0.7x |
| Sun, 08 May 2022 | €98.6b | €135.5b | €11.6b | 8.6x | 8.5x | 0.7x |
| Tue, 05 Apr 2022 | €105.8b | €135.9b | €11.9b | 9.7x | 8.9x | 0.8x |
| Thu, 03 Mar 2022 | €110.4b | €131.8b | €11.0b | 10.6x | 10x | 0.8x |
| Sat, 29 Jan 2022 | €123.4b | €127.9b | €10.8b | 11.3x | 11.4x | 1x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are optimistic on the German Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 121x which is higher than its 3-year average PE of -121x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 59% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | 3.51% | |
| Materials | 5.42% | |
| Chemicals | 5.18% | |
| Diversified Chemicals | 9.03% | |
| Fertilizers and Agricultural Chemicals | 4.18% | |
| Specialty Chemicals | 1.74% | |
| Commodity Chemicals | 0.43% | |
| Industrial Gases | 0% | 0 |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 40.0x.
- Analysts are expecting annual earnings growth of 56.6%, which is higher than its past year's earnings decline of 96.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 57% over the next 5 years.
- This is better than its past earnings decline of 96% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 8.8% 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 | €45.61 | 7.3% +€2.8b | 4.6% | PE81.9x | |
| EVK Evonik Industries | €17.72 | 7.3% +€563.9m | 5.2% | PE36.1x | |
| SY1 Symrise | €99.82 | 3.5% +€478.0m | 8.0% | PE35.6x | |
| LXS LANXESS | €25.73 | 14.0% +€272.0m | -2.6% | PS0.4x | |
| WCH Wacker Chemie | €64.80 | 6.3% +€190.8m | -35.0% | PE25.9x |
