Is Now An Opportune Moment To Examine Synthomer plc (LON:SYNT)?
Synthomer plc ( LON:SYNT ), is not the largest company out there, but it saw significant share price movement during...
Has the U.K. Chemicals Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||UK£25.1b||UK£23.3b||UK£711.0m||25.4x|
|Wed, 27 Oct 2021||UK£25.3b||UK£21.7b||UK£756.5m||23.1x|
|Fri, 24 Sep 2021||UK£25.4b||UK£21.7b||UK£759.4m||33x|
|Sun, 22 Aug 2021||UK£26.4b||UK£21.7b||UK£753.2m||35.2x|
|Fri, 09 Jul 2021||UK£23.8b||UK£21.7b||UK£753.2m||35.6x|
|Thu, 01 Apr 2021||UK£21.6b||UK£21.3b||UK£588.0m||28.3x|
|Sun, 03 Jan 2021||UK£20.6b||UK£20.4b||UK£366.9m||37.6x|
|Wed, 07 Oct 2020||UK£17.6b||UK£19.7b||UK£334.5m||34.4x|
|Tue, 30 Jun 2020||UK£15.6b||UK£19.5b||UK£451.9m||26.9x|
|Fri, 03 Apr 2020||UK£13.2b||UK£19.7b||UK£630.9m||24.8x|
|Mon, 06 Jan 2020||UK£19.0b||UK£18.7b||UK£783.4m||27x|
|Thu, 10 Oct 2019||UK£18.1b||UK£17.9b||UK£858.5m||20.2x|
|Wed, 03 Jul 2019||UK£18.9b||UK£17.0b||UK£882.4m||19.5x|
|Sat, 06 Apr 2019||UK£18.7b||UK£16.1b||UK£901.0m||25.2x|
|Tue, 08 Jan 2019||UK£17.8b||UK£15.1b||UK£859.4m||27x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 28.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Chemicals industry have declined 5.6% per year over the last three years, while revenues for these companies have grown 18% 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.
Which industries have driven the changes within the U.K. Chemicals industry?
|Fertilizers and Agricultural Chemicals||0.62%|
Industry PE: Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 44.4x. However analysts expect its future annual earnings growth (29%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 10.4x.
Forecasted Growth: Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 65% over the next 5 years. This is better than its past earnings decline of 75% per year. Meanwhile, the Specialty Chemicals industry is expected to see its earnings grow by 8.6% per year over the next few years.
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