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Greek (ASE) Chemicals Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies3
- 7D0.5%
- 3M1.2%
- 1Y-8.4%
- YTD-4.4%
Over the last 7 days, the Chemicals industry has remained flat. Unfortunately though, the industry is down 6.7% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Greek Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | €616.4m | €782.8m | €59.6m | 10.4x | 10.3x | 0.8x |
| Sat, 16 Nov 2024 | €622.9m | €776.8m | €61.6m | 10.5x | 10.1x | 0.8x |
| Mon, 14 Oct 2024 | €589.7m | €776.8m | €61.6m | 9.5x | 9.6x | 0.8x |
| Wed, 11 Sep 2024 | €610.3m | €766.0m | €62.7m | 9.7x | 9.7x | 0.8x |
| Fri, 09 Aug 2024 | €625.8m | €766.0m | €62.7m | 10x | 10x | 0.8x |
| Sun, 07 Jul 2024 | €624.8m | €766.0m | €62.7m | 9.7x | 10x | 0.8x |
| Tue, 04 Jun 2024 | €658.0m | €794.9m | €63.2m | 10.7x | 10.4x | 0.8x |
| Thu, 02 May 2024 | €644.6m | €794.9m | €63.2m | 10.3x | 10.2x | 0.8x |
| Sat, 30 Mar 2024 | €665.0m | €797.6m | €59.7m | 11.1x | 11.1x | 0.8x |
| Mon, 26 Feb 2024 | €658.9m | €797.6m | €59.7m | 11.1x | 11x | 0.8x |
| Wed, 24 Jan 2024 | €656.3m | €797.6m | €59.7m | 10.5x | 11x | 0.8x |
| Fri, 22 Dec 2023 | €677.6m | €797.6m | €59.7m | 11.1x | 11.4x | 0.8x |
| Sun, 19 Nov 2023 | €643.6m | €811.3m | €64.1m | 9.8x | 10x | 0.8x |
| Tue, 17 Oct 2023 | €661.5m | €811.3m | €64.1m | 9.6x | 10.3x | 0.8x |
| Thu, 14 Sep 2023 | €663.8m | €855.1m | €71.2m | 9.1x | 9.3x | 0.8x |
| Sat, 12 Aug 2023 | €705.1m | €856.5m | €79.8m | 8.4x | 8.8x | 0.8x |
| Mon, 10 Jul 2023 | €749.8m | €853.7m | €79.9m | 8.8x | 9.4x | 0.9x |
| Wed, 07 Jun 2023 | €719.2m | €853.7m | €79.9m | 8.8x | 9x | 0.8x |
| Fri, 05 May 2023 | €676.0m | €866.9m | €84.7m | 7.5x | 8x | 0.8x |
| Sun, 02 Apr 2023 | €661.8m | €875.5m | €86.1m | 7.5x | 7.7x | 0.8x |
| Tue, 28 Feb 2023 | €685.4m | €875.5m | €86.1m | 7.5x | 8x | 0.8x |
| Thu, 26 Jan 2023 | €672.0m | €875.5m | €86.1m | 7.7x | 7.8x | 0.8x |
| Sat, 24 Dec 2022 | €654.3m | €875.5m | €86.1m | 7x | 7.6x | 0.7x |
| Mon, 21 Nov 2022 | €643.5m | €879.4m | €92.1m | 7.2x | 7x | 0.7x |
| Wed, 19 Oct 2022 | €602.3m | €879.4m | €92.1m | 7.4x | 6.5x | 0.7x |
| Fri, 16 Sep 2022 | €649.4m | €844.3m | €108.3m | 8x | 6x | 0.8x |
| Sun, 14 Aug 2022 | €661.0m | €844.3m | €108.3m | 8.1x | 6.1x | 0.8x |
| Tue, 12 Jul 2022 | €612.6m | €844.3m | €108.3m | 7.6x | 5.7x | 0.7x |
| Thu, 09 Jun 2022 | €627.8m | €844.3m | €108.3m | 7.6x | 5.8x | 0.7x |
| Sat, 07 May 2022 | €698.2m | €803.1m | €121.3m | 8.4x | 5.8x | 0.9x |
| Mon, 04 Apr 2022 | €718.3m | €790.2m | €128.0m | 8.7x | 5.6x | 0.9x |
| Wed, 02 Mar 2022 | €750.0m | €790.2m | €128.0m | 9.2x | 5.9x | 0.9x |
| Fri, 28 Jan 2022 | €813.7m | €790.2m | €128.0m | 9.8x | 6.4x | 1x |
| Sun, 26 Dec 2021 | €837.5m | €790.2m | €128.0m | 9.6x | 6.5x | 1.1x |
Price to Earnings Ratio
6.5x
Current Industry PE
- There are only 3 companies in the Greek Chemicals industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 22% 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 Greek Materials industry?
| GR Market | 0.048% | |
| Materials | 1.35% | |
| Chemicals | 0.52% | |
| Commodity Chemicals | 0.52% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Specialty Chemicals | 0% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 8.5x.
- Analysts are expecting annual earnings growth of 13.1%, which is higher than its past year's earnings decline of 0.2% per year.
- 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 8.5x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 0.2% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| PLAKR Plastika Kritis | €14.40 | 0.7% +€2.7m | -11.7% | PE9.8x | |
| PLAT Thrace Plastics Holding | €3.93 | 0.3% +€428.9k | -4.1% | PE11.8x |