Sri Lankan (CSE) Chemicals Industry Analysis
- 7D0.4%
- 3M-8.7%
- 1Y30.5%
- YTD18.2%
Over the last 7 days, the Chemicals industry has remained flat, although notably Dipped Products gained 3.9%. The past year has been better, since the industry has gained 30% in that time.
Industry Valuation and Performance
Has the Sri Lankan Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | LK₨125.3b | LK₨161.8b | LK₨17.6b | 9.2x |
| Tue, 02 Nov 2021 | LK₨128.2b | LK₨156.7b | LK₨18.2b | 7.8x |
| Thu, 30 Sep 2021 | LK₨126.6b | LK₨154.4b | LK₨17.9b | 8.1x |
| Sat, 28 Aug 2021 | LK₨132.8b | LK₨154.4b | LK₨17.9b | 7.9x |
| Sun, 04 Jul 2021 | LK₨115.0b | LK₨149.0b | LK₨17.3b | 7.7x |
| Wed, 07 Apr 2021 | LK₨107.4b | LK₨137.0b | LK₨16.4b | 6.6x |
| Sat, 09 Jan 2021 | LK₨91.9b | LK₨123.5b | LK₨12.6b | 7.1x |
| Fri, 02 Oct 2020 | LK₨61.3b | LK₨115.2b | LK₨10.2b | 6.2x |
| Mon, 06 Jul 2020 | LK₨40.3b | LK₨109.3b | LK₨7.8b | 4.4x |
| Thu, 09 Apr 2020 | LK₨29.5b | LK₨107.2b | LK₨6.9b | 3.3x |
| Wed, 01 Jan 2020 | LK₨41.2b | LK₨109.6b | LK₨7.3b | 6.8x |
| Sat, 05 Oct 2019 | LK₨34.8b | LK₨108.1b | LK₨6.6b | 5.7x |
| Tue, 09 Jul 2019 | LK₨32.4b | LK₨106.1b | LK₨5.4b | 7.7x |
| Mon, 01 Apr 2019 | LK₨33.0b | LK₨105.1b | LK₨5.7b | 7.9x |
| Thu, 03 Jan 2019 | LK₨36.0b | LK₨103.7b | LK₨5.5b | 6.8x |
6.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 6.9x. However, future earnings are expected to decline by 14% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 48% per year over the last three years, and revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Sri Lankan Chemicals industry?
| Commodity Chemicals | 0.75% | |
| Fertilizers and Agricultural Chemicals | -0.62% | |
| Specialty Chemicals | -0.62% | |
Industry PE: Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 16.9x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 7.3x.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Commodity Chemicals industry since they expect its earnings to decline by only 14% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 32% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| DIPD.N0000 Dipped Products | 3.9%+LK₨1.1b | 49.6% | PE5.5x | |
| UCAR.N0000 Union Chemicals Lanka | 16.7%+LK₨196.1m | 7.2% | PE12.9x | |
| CIC.N0000 CIC Holdings | 0.7%+LK₨151.6m | 36.2% | PE5.8x |