Ginegar Plastic Products (TLV:GNGR) Takes On Some Risk With Its Use Of Debt
Dec 02
Have your own idea? Try our Stock Screener
Israeli (TA) Chemicals Industry Analysis
UpdatedDec 13, 2024
DataAggregated Company Financials
Companies11
- 7D1.6%
- 3M21.9%
- 1Y21.8%
- YTD19.1%
The Chemicals industry is up 7.7% in the last week, with Israel up 11%. During this same period, the Polyram Plastic Industries underperformed, falling 5.9%. This takes the industry's 12 month performance to a gain of 27%.
Industry Valuation and Performance
Has the Israeli Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Dec 2024 | ₪14.6b | ₪30.3b | ₪670.0m | 14.1x | 21.8x | 0.5x |
| Sun, 10 Nov 2024 | ₪12.9b | ₪31.8b | ₪1.4b | 8.9x | 9.2x | 0.4x |
| Tue, 08 Oct 2024 | ₪32.0b | ₪58.9b | ₪3.0b | 9x | 10.6x | 0.5x |
| Thu, 05 Sep 2024 | ₪32.6b | ₪57.4b | ₪2.9b | 9.1x | 11.2x | 0.6x |
| Sat, 03 Aug 2024 | ₪31.9b | ₪59.7b | ₪3.2b | 10.2x | 10x | 0.5x |
| Mon, 01 Jul 2024 | ₪32.8b | ₪59.3b | ₪3.2b | 10.2x | 10.4x | 0.6x |
| Wed, 29 May 2024 | ₪35.3b | ₪59.2b | ₪3.4b | 9.6x | 10.4x | 0.6x |
| Fri, 26 Apr 2024 | ₪35.2b | ₪62.4b | ₪4.1b | 9.8x | 8.5x | 0.6x |
| Sun, 24 Mar 2024 | ₪38.1b | ₪61.4b | ₪4.4b | 10.9x | 8.6x | 0.6x |
| Tue, 20 Feb 2024 | ₪35.4b | ₪62.7b | ₪5.4b | 10.8x | 6.6x | 0.6x |
| Thu, 18 Jan 2024 | ₪32.5b | ₪65.2b | ₪5.6b | 10x | 5.8x | 0.5x |
| Sat, 16 Dec 2023 | ₪36.3b | ₪63.5b | ₪5.4b | 10.4x | 6.7x | 0.6x |
| Mon, 13 Nov 2023 | ₪35.1b | ₪68.6b | ₪7.5b | 9.1x | 4.7x | 0.5x |
| Wed, 11 Oct 2023 | ₪39.4b | ₪72.5b | ₪9.6b | 10.4x | 4.1x | 0.5x |
| Fri, 08 Sep 2023 | ₪41.0b | ₪70.7b | ₪9.4b | 11.3x | 4.4x | 0.6x |
| Sun, 06 Aug 2023 | ₪42.1b | ₪75.4b | ₪11.1b | 8.1x | 3.8x | 0.6x |
| Tue, 04 Jul 2023 | ₪38.0b | ₪75.9b | ₪11.2b | 8.4x | 3.4x | 0.5x |
| Thu, 01 Jun 2023 | ₪37.8b | ₪76.8b | ₪11.3b | 4.7x | 3.3x | 0.5x |
| Sat, 29 Apr 2023 | ₪41.1b | ₪78.0b | ₪12.9b | 4.5x | 3.2x | 0.5x |
| Mon, 27 Mar 2023 | ₪43.8b | ₪76.9b | ₪10.6b | 4.3x | 4.1x | 0.6x |
| Wed, 22 Feb 2023 | ₪47.5b | ₪78.0b | ₪10.8b | 4.3x | 4.4x | 0.6x |
| Fri, 20 Jan 2023 | ₪49.9b | ₪73.3b | ₪10.0b | 4.9x | 5x | 0.7x |
| Sun, 18 Dec 2022 | ₪47.6b | ₪75.6b | ₪11.4b | 4.5x | 4.2x | 0.6x |
| Tue, 15 Nov 2022 | ₪54.4b | ₪71.2b | ₪9.4b | 8.6x | 5.8x | 0.8x |
| Thu, 13 Oct 2022 | ₪57.1b | ₪71.3b | ₪8.4b | 8.9x | 6.8x | 0.8x |
| Sat, 10 Sep 2022 | ₪59.0b | ₪64.3b | ₪7.6b | 10x | 7.8x | 0.9x |
| Mon, 08 Aug 2022 | ₪59.7b | ₪67.1b | ₪9.6b | 10.4x | 6.2x | 0.9x |
| Wed, 06 Jul 2022 | ₪57.9b | ₪61.3b | ₪6.3b | 9.6x | 9.3x | 0.9x |
| Fri, 03 Jun 2022 | ₪67.8b | ₪58.3b | ₪5.9b | 11.7x | 11.4x | 1.2x |
| Sun, 01 May 2022 | ₪69.6b | ₪51.3b | ₪3.4b | 14x | 20.5x | 1.4x |
| Tue, 29 Mar 2022 | ₪71.3b | ₪49.6b | ₪3.3b | 13.7x | 21.5x | 1.4x |
| Thu, 24 Feb 2022 | ₪64.5b | ₪47.3b | ₪2.8b | 12.8x | 23.2x | 1.4x |
| Sat, 22 Jan 2022 | ₪61.6b | ₪43.6b | ₪2.0b | 13.2x | 30.3x | 1.4x |
| Mon, 20 Dec 2021 | ₪56.2b | ₪43.6b | ₪2.0b | 12.6x | 27.7x | 1.3x |
Price to Earnings Ratio
27.7x
Current Industry PE
- Investors are optimistic on the Israeli Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.1x which is higher than its 3-year average PE of 9.6x.
- The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 31% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Israeli Materials industry?
| IL Market | 1.22% | |
| Materials | 2.03% | |
| Chemicals | 1.56% | |
| Fertilizers and Agricultural Chemicals | 3.64% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.50% | |
| Commodity Chemicals | -0.54% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 81.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- 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 6.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ILCO Israel | ₪988.90 | 3.6% +₪262.7m | 3.5% | PE69.9x | |
| PLRM Palram Industries (1990) | ₪84.02 | 4.7% +₪96.5m | 121.5% | PE9x | |
| RMN Ram-On Investments and Holdings (1999) | ₪14.94 | 3.0% +₪7.3m | 49.0% | PE15.1x | |
| INFR-M Infimer | ₪0.15 | 630.0% +₪38.7k | -100.0% | PE-0.04x |