South Korean (KOSPI) Commodity Chemicals Industry Analysis
UpdatedDec 08, 2023
DataAggregated Company Financials
Companies77
- 7D-6.6%
- 3M-15.9%
- 1Y-2.6%
- YTD8.4%
Over the last 7 days, the Commodity Chemicals industry has dropped 4.2%, driven by a pullback from LG Chem of 6.5%. Meanwhile, Enchem actually outperformed within the industry, gaining 13% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the South Korean Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 Dec 2023 | ₩100.1t | ₩165.8t | ₩2.2t | 16.3x | 44.9x | 0.6x |
| Sun, 05 Nov 2023 | ₩97.4t | ₩168.0t | ₩2.6t | 14.5x | 37.9x | 0.6x |
| Tue, 03 Oct 2023 | ₩107.1t | ₩167.9t | ₩2.6t | 14.2x | 41.4x | 0.6x |
| Thu, 31 Aug 2023 | ₩125.5t | ₩167.9t | ₩2.7t | 15.6x | 46.1x | 0.7x |
| Sat, 29 Jul 2023 | ₩128.4t | ₩167.4t | ₩4.0t | 15.8x | 31.9x | 0.8x |
| Mon, 26 Jun 2023 | ₩124.5t | ₩167.4t | ₩4.0t | 16.8x | 30.8x | 0.7x |
| Wed, 24 May 2023 | ₩119.4t | ₩168.3t | ₩4.2t | 16.3x | 28.4x | 0.7x |
| Fri, 21 Apr 2023 | ₩128.8t | ₩159.6t | ₩4.8t | 15.6x | 26.8x | 0.8x |
| Sun, 19 Mar 2023 | ₩109.6t | ₩157.2t | ₩4.4t | 13.2x | 24.7x | 0.7x |
| Tue, 14 Feb 2023 | ₩100.9t | ₩156.5t | ₩4.6t | 11.7x | 21.8x | 0.6x |
| Thu, 12 Jan 2023 | ₩94.0t | ₩156.5t | ₩4.6t | 10.8x | 20.3x | 0.6x |
| Sat, 10 Dec 2022 | ₩94.0t | ₩156.5t | ₩4.8t | 10.4x | 19.5x | 0.6x |
| Mon, 07 Nov 2022 | ₩99.2t | ₩152.1t | ₩6.1t | 12x | 16.4x | 0.7x |
| Wed, 05 Oct 2022 | ₩86.7t | ₩152.0t | ₩6.0t | 13x | 14.4x | 0.6x |
| Fri, 02 Sep 2022 | ₩96.1t | ₩152.0t | ₩6.3t | 13.1x | 15.3x | 0.6x |
| Sun, 31 Jul 2022 | ₩92.6t | ₩145.9t | ₩8.3t | 13.6x | 11.1x | 0.6x |
| Tue, 28 Jun 2022 | ₩87.2t | ₩145.9t | ₩8.3t | 12.8x | 10.5x | 0.6x |
| Thu, 26 May 2022 | ₩89.9t | ₩142.7t | ₩8.8t | 13x | 10.3x | 0.6x |
| Sat, 23 Apr 2022 | ₩87.6t | ₩137.5t | ₩10.4t | 14.5x | 8.4x | 0.6x |
| Mon, 21 Mar 2022 | ₩87.0t | ₩134.5t | ₩9.9t | 15x | 8.7x | 0.6x |
| Wed, 16 Feb 2022 | ₩94.8t | ₩128.1t | ₩8.9t | 14.4x | 10.6x | 0.7x |
| Fri, 14 Jan 2022 | ₩113.2t | ₩128.1t | ₩8.9t | 16.6x | 12.7x | 0.9x |
| Sun, 12 Dec 2021 | ₩113.6t | ₩128.1t | ₩9.3t | 17.1x | 12.2x | 0.9x |
| Tue, 09 Nov 2021 | ₩114.1t | ₩117.8t | ₩7.7t | 20.3x | 14.9x | 1x |
| Thu, 07 Oct 2021 | ₩110.0t | ₩111.3t | ₩7.2t | 17.8x | 15.3x | 1x |
| Sat, 04 Sep 2021 | ₩108.8t | ₩111.7t | ₩7.2t | 19.8x | 15.1x | 1x |
| Mon, 02 Aug 2021 | ₩118.8t | ₩111.7t | ₩7.2t | 20.3x | 16.4x | 1.1x |
| Thu, 06 May 2021 | ₩124.5t | ₩99.4t | ₩4.8t | 19.9x | 26.2x | 1.3x |
| Sun, 07 Feb 2021 | ₩118.0t | ₩93.7t | ₩2.5t | 17.3x | 47.8x | 1.3x |
Price to Earnings Ratio
43.1x
Current Industry PE
- Investors are optimistic on the South Korean Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 45.4x which is higher than its 3-year average PE of 22.7x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 3.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 21% 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.
Industry Comparison
How does South Korean Commodity Chemicals compare with similar industries?
| KR Market | -1.81% | |
| Materials | -3.68% | |
| Chemicals | -4.02% | |
| Commodity Chemicals | -6.57% | |
| Industrial Gases | 6.10% | |
| Specialty Chemicals | 5.46% | |
| Fertilizers and Agricultural Chemicals | 3.08% | |
| Diversified Chemicals | -0.015% | |
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 | |
|---|---|---|---|---|---|
| A348370 Enchem | ₩73.60k | 18.7% +₩188.9b | 21.1% | PS2.3x | |
| A011170 Lotte Chemical | ₩159.80k | 1.5% +₩97.7b | -14.1% | PS0.3x | |
| A281740 Lake Materials | ₩14.98k | 8.9% +₩80.8b | 214.7% | PE37.5x | |
| A018290 VT | ₩16.67k | 5.1% +₩28.1b | 205.3% | PE42.3x | |
| A003240 Taekwang Industrial | ₩619.00k | 3.7% +₩18.5b | -15.3% | PE1.5x |