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) Commodity Chemicals Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies7
- 7D2.9%
- 3M22.2%
- 1Y44.7%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has remained flat, although notably Polyram Plastic Industries gained 3.7%. As for the the longer term, the industry is up 43% over the past 12 months.
Industry Valuation and Performance
Has the Israeli Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ₪5.3b | ₪5.0b | ₪542.5m | 10.5x | 9.7x | 1.1x |
| Sat, 16 Nov 2024 | ₪4.8b | ₪4.9b | ₪641.8m | 9.1x | 7.5x | 1x |
| Mon, 14 Oct 2024 | ₪4.4b | ₪4.9b | ₪641.8m | 8.8x | 6.8x | 0.9x |
| Wed, 11 Sep 2024 | ₪4.2b | ₪4.9b | ₪454.9m | 8.8x | 9.3x | 0.9x |
| Fri, 09 Aug 2024 | ₪3.9b | ₪4.7b | ₪529.3m | 9.2x | 7.4x | 0.8x |
| Sun, 07 Jul 2024 | ₪3.7b | ₪4.7b | ₪529.3m | 9.2x | 7.1x | 0.8x |
| Tue, 04 Jun 2024 | ₪4.0b | ₪4.6b | ₪626.5m | 10x | 6.4x | 0.9x |
| Thu, 02 May 2024 | ₪3.9b | ₪4.7b | ₪619.8m | 10.3x | 6.4x | 0.8x |
| Sat, 30 Mar 2024 | ₪3.8b | ₪4.6b | ₪676.3m | 11.6x | 5.5x | 0.8x |
| Mon, 26 Feb 2024 | ₪3.6b | ₪4.6b | ₪673.4m | 11x | 5.3x | 0.8x |
| Wed, 24 Jan 2024 | ₪3.4b | ₪4.6b | ₪673.4m | 10.4x | 5.1x | 0.7x |
| Fri, 22 Dec 2023 | ₪3.6b | ₪4.6b | ₪673.6m | 11.1x | 5.3x | 0.8x |
| Sun, 19 Nov 2023 | ₪3.1b | ₪4.5b | ₪1.7b | 10.5x | 1.8x | 0.7x |
| Tue, 17 Oct 2023 | ₪2.9b | ₪4.5b | ₪1.7b | 10x | 1.7x | 0.6x |
| Thu, 14 Sep 2023 | ₪3.2b | ₪4.5b | ₪1.7b | 11.4x | 1.8x | 0.7x |
| Sat, 12 Aug 2023 | ₪3.2b | ₪4.7b | ₪1.7b | 9.1x | 1.8x | 0.7x |
| Mon, 10 Jul 2023 | ₪3.0b | ₪4.7b | ₪1.7b | 9.3x | 1.7x | 0.6x |
| Wed, 07 Jun 2023 | ₪2.9b | ₪4.7b | ₪1.7b | 9.6x | 1.7x | 0.6x |
| Fri, 05 May 2023 | ₪3.0b | ₪4.8b | ₪1.8b | 6.8x | 1.7x | 0.6x |
| Sun, 02 Apr 2023 | ₪2.6b | ₪4.9b | ₪376.9m | 5.7x | 6.9x | 0.5x |
| Tue, 28 Feb 2023 | ₪2.8b | ₪4.9b | ₪389.6m | 5.4x | 7.2x | 0.6x |
| Thu, 26 Jan 2023 | ₪3.0b | ₪4.9b | ₪389.6m | 5.8x | 7.6x | 0.6x |
| Sat, 24 Dec 2022 | ₪3.0b | ₪4.9b | ₪389.6m | 6.1x | 7.8x | 0.6x |
| Mon, 21 Nov 2022 | ₪3.6b | ₪5.0b | ₪457.5m | 9.8x | 7.9x | 0.7x |
| Wed, 19 Oct 2022 | ₪4.1b | ₪4.9b | ₪456.8m | 11.4x | 9x | 0.8x |
| Fri, 16 Sep 2022 | ₪4.3b | ₪4.9b | ₪454.0m | 11.4x | 9.4x | 0.9x |
| Sun, 14 Aug 2022 | ₪4.5b | ₪4.7b | ₪465.5m | 11.8x | 9.7x | 1x |
| Tue, 12 Jul 2022 | ₪4.5b | ₪4.7b | ₪465.5m | 11.2x | 9.6x | 0.9x |
| Thu, 09 Jun 2022 | ₪4.6b | ₪4.7b | ₪448.8m | 11.3x | 10.3x | 1x |
| Sat, 07 May 2022 | ₪4.7b | ₪4.6b | ₪468.2m | 11.6x | 10x | 1x |
| Mon, 04 Apr 2022 | ₪4.7b | ₪4.6b | ₪468.2m | 11.8x | 9.9x | 1x |
| Wed, 02 Mar 2022 | ₪4.9b | ₪4.4b | ₪518.9m | 11.3x | 9.5x | 1.1x |
| Fri, 28 Jan 2022 | ₪4.9b | ₪4.4b | ₪518.9m | 11.9x | 9.5x | 1.1x |
| Sun, 26 Dec 2021 | ₪4.9b | ₪4.4b | ₪518.9m | 11.8x | 9.4x | 1.1x |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are optimistic on the Israeli Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of 6.7x.
- The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.0% 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 and as a result, profits have held steady.
Industry Comparison
How does Israeli Commodity Chemicals compare with similar industries?
| IL Market | 0.24% | |
| Materials | -1.08% | |
| Chemicals | -1.04% | |
| Commodity Chemicals | 2.86% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -2.83% | |
| Fertilizers and Agricultural Chemicals | -3.24% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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) | ₪86.43 | 2.9% +₪61.7m | 124.3% | PE9.3x | |
| POLP Polyram Plastic Industries | ₪13.01 | 4.2% +₪55.6m | 16.7% | PE14.8x | |
| KAFR Kafrit Industries (1993) | ₪27.18 | 5.7% +₪35.2m | 71.6% | PE9.9x | |
| RMN Ram-On Investments and Holdings (1999) | ₪15.08 | 3.3% +₪8.0m | 48.6% | PE15.3x | |
| GNGR Ginegar Plastic Products | ₪9.42 | 1.1% +₪1.6m | -1.9% | PE16.7x |