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Israeli (TA) Chemicals Industry Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M-12.9%
- 1Y-33.2%
- YTD-24.1%
Over the last 7 days, the Chemicals industry has remained flat, although notably Palram Industries (1990) gained 18%. As for the longer term, the industry has declined 33% in the last year. Looking forward, earnings are forecast to decline by 9.6% per year.
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 |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | ₪35.8b | ₪64.1b | ₪5.2b | 7.1x | 6.9x | 0.6x |
| Fri, 03 Nov 2023 | ₪35.5b | ₪73.1b | ₪9.7b | 9.5x | 3.7x | 0.5x |
| Sun, 01 Oct 2023 | ₪39.0b | ₪70.2b | ₪9.4b | 11.4x | 4.2x | 0.6x |
| Tue, 29 Aug 2023 | ₪42.0b | ₪70.0b | ₪9.3b | 8.6x | 4.5x | 0.6x |
| Thu, 27 Jul 2023 | ₪44.5b | ₪75.9b | ₪11.2b | 8.3x | 4x | 0.6x |
| Sat, 24 Jun 2023 | ₪39.5b | ₪74.7b | ₪11.0b | 8.4x | 3.6x | 0.5x |
| Mon, 22 May 2023 | ₪43.9b | ₪76.6b | ₪11.7b | 4.9x | 3.8x | 0.6x |
| Wed, 19 Apr 2023 | ₪42.5b | ₪78.4b | ₪11.6b | 4.6x | 3.7x | 0.5x |
| Fri, 17 Mar 2023 | ₪44.6b | ₪78.5b | ₪10.9b | 4x | 4.1x | 0.6x |
| Sun, 12 Feb 2023 | ₪49.6b | ₪75.7b | ₪10.3b | 4.7x | 4.8x | 0.7x |
| Tue, 10 Jan 2023 | ₪48.9b | ₪74.4b | ₪10.2b | 4.7x | 4.8x | 0.7x |
| Thu, 08 Dec 2022 | ₪52.8b | ₪73.8b | ₪10.1b | 6.5x | 5.2x | 0.7x |
| Sat, 05 Nov 2022 | ₪54.6b | ₪71.4b | ₪8.4b | 8.7x | 6.5x | 0.8x |
| Mon, 03 Oct 2022 | ₪53.1b | ₪71.0b | ₪8.3b | 8.9x | 6.4x | 0.7x |
| Wed, 31 Aug 2022 | ₪64.3b | ₪62.4b | ₪7.3b | 11.2x | 8.8x | 1x |
| Fri, 29 Jul 2022 | ₪57.6b | ₪59.6b | ₪6.1b | 9.9x | 9.5x | 1x |
| Sun, 26 Jun 2022 | ₪61.1b | ₪59.6b | ₪6.1b | 10.3x | 10x | 1x |
| Tue, 24 May 2022 | ₪70.8b | ₪58.1b | ₪6.7b | 11.5x | 10.5x | 1.2x |
| Thu, 21 Apr 2022 | ₪75.6b | ₪49.9b | ₪3.3b | 14.7x | 22.8x | 1.5x |
| Sat, 19 Mar 2022 | ₪62.5b | ₪47.4b | ₪2.8b | 12.1x | 22.4x | 1.3x |
| Mon, 14 Feb 2022 | ₪59.5b | ₪47.3b | ₪2.8b | 12.9x | 21.3x | 1.3x |
| Wed, 12 Jan 2022 | ₪62.3b | ₪43.5b | ₪2.0b | 13.3x | 30.8x | 1.4x |
| Fri, 10 Dec 2021 | ₪56.2b | ₪43.1b | ₪2.0b | 11.9x | 28.3x | 1.3x |
| Sun, 07 Nov 2021 | ₪51.9b | ₪41.3b | ₪2.6b | 13.5x | 20.2x | 1.3x |
| Tue, 05 Oct 2021 | ₪46.1b | ₪40.8b | ₪2.1b | 12.8x | 22x | 1.1x |
| Thu, 02 Sep 2021 | ₪43.3b | ₪41.1b | ₪2.1b | 13.2x | 20.4x | 1.1x |
| Sat, 31 Jul 2021 | ₪43.6b | ₪41.1b | ₪2.1b | 11.2x | 20.6x | 1.1x |
| Tue, 04 May 2021 | ₪36.8b | ₪39.1b | ₪578.2m | 11.2x | 63.7x | 0.9x |
| Fri, 05 Feb 2021 | ₪30.5b | ₪36.4b | -₪20,145,600.00 | 11.4x | -1511.9x | 0.8x |
Price to Earnings Ratio
-1438.7x
Current Industry PE
- Investors are pessimistic on the Israeli Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.9x which is higher than its 3-year average PE of -114x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- Total earnings for the Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Israeli Materials industry?
| IL Market | 1.09% | |
| Materials | -0.73% | |
| Chemicals | -0.93% | |
| Commodity Chemicals | 7.08% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.92% | |
| Fertilizers and Agricultural Chemicals | -1.73% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 38.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 93.3x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Fertilizers and Agricultural Chemicals industry since they expect its earnings to decline by only 9.6% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 57% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 9.6% 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 | |
|---|---|---|---|---|---|
| PLRM Palram Industries (1990) | ₪37.98 | 20.0% +₪162.8m | 61.3% | PE5.8x | |
| GNGR Ginegar Plastic Products | ₪9.32 | 30.8% +₪33.3m | 0.6% | PS0.2x | |
| KAFR Kafrit Industries (1993) | ₪15.53 | 9.8% +₪33.1m | -18.2% | PE6.9x | |
| POLP Polyram Plastic Industries | ₪10.31 | 0.3% +₪3.0m | -4.9% | PE13.1x | |
| NURI Nur Ink Innovations | ₪12.48 | 0.8% +₪508.2k | -66.4% | PB2.9x |
