Sri Lankan (CSE) Chemicals Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies11
- 7D-0.2%
- 3M-7.1%
- 1Y-14.1%
- YTD-8.9%
The Chemicals industry has stayed flat over the last week. Unfortunately though, the industry is down 14% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Sri Lankan Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | LK₨102.3b | LK₨248.7b | LK₨16.5b | 5.7x | 6.2x | 0.4x |
| Tue, 31 Oct 2023 | LK₨107.0b | LK₨259.3b | LK₨18.5b | 5.7x | 5.8x | 0.4x |
| Thu, 28 Sep 2023 | LK₨114.7b | LK₨259.5b | LK₨20.6b | 5.7x | 5.6x | 0.4x |
| Sat, 26 Aug 2023 | LK₨113.2b | LK₨259.5b | LK₨20.6b | 5.7x | 5.5x | 0.4x |
| Mon, 24 Jul 2023 | LK₨120.2b | LK₨269.0b | LK₨27.4b | 5.4x | 4.4x | 0.4x |
| Wed, 21 Jun 2023 | LK₨102.0b | LK₨267.3b | LK₨29.1b | 4.5x | 3.5x | 0.4x |
| Fri, 19 May 2023 | LK₨98.0b | LK₨255.1b | LK₨33.0b | 3.8x | 3x | 0.4x |
| Sun, 16 Apr 2023 | LK₨110.1b | LK₨256.5b | LK₨32.9b | 4.6x | 3.3x | 0.4x |
| Tue, 14 Mar 2023 | LK₨111.7b | LK₨256.5b | LK₨32.9b | 4.6x | 3.4x | 0.4x |
| Thu, 09 Feb 2023 | LK₨112.8b | LK₨244.4b | LK₨33.7b | 4.3x | 3.4x | 0.5x |
| Sat, 07 Jan 2023 | LK₨114.0b | LK₨236.1b | LK₨32.7b | 4.4x | 3.5x | 0.5x |
| Mon, 05 Dec 2022 | LK₨119.8b | LK₨236.1b | LK₨32.7b | 4.9x | 3.7x | 0.5x |
| Wed, 02 Nov 2022 | LK₨120.7b | LK₨213.8b | LK₨30.1b | 5x | 4x | 0.6x |
| Fri, 30 Sep 2022 | LK₨133.4b | LK₨205.3b | LK₨28.4b | 6.3x | 4.7x | 0.6x |
| Sun, 28 Aug 2022 | LK₨117.7b | LK₨205.3b | LK₨28.4b | 4.9x | 4.1x | 0.6x |
| Tue, 26 Jul 2022 | LK₨89.4b | LK₨180.1b | LK₨20.3b | 5.2x | 4.4x | 0.5x |
| Thu, 23 Jun 2022 | LK₨84.4b | LK₨180.0b | LK₨20.2b | 5x | 4.2x | 0.5x |
| Sat, 21 May 2022 | LK₨90.0b | LK₨174.9b | LK₨19.1b | 6.7x | 4.7x | 0.5x |
| Mon, 18 Apr 2022 | LK₨85.5b | LK₨169.5b | LK₨18.0b | 6.5x | 4.7x | 0.5x |
| Wed, 16 Mar 2022 | LK₨107.8b | LK₨169.5b | LK₨18.0b | 7.9x | 6x | 0.6x |
| Fri, 11 Feb 2022 | LK₨130.0b | LK₨165.3b | LK₨18.5b | 8.3x | 7x | 0.8x |
| Sun, 09 Jan 2022 | LK₨141.4b | LK₨161.8b | LK₨17.6b | 10.6x | 8x | 0.9x |
| Tue, 07 Dec 2021 | LK₨124.4b | LK₨161.8b | LK₨17.6b | 9.1x | 7.1x | 0.8x |
| Thu, 04 Nov 2021 | LK₨127.4b | LK₨156.7b | LK₨18.2b | 7.8x | 7x | 0.8x |
| Sat, 02 Oct 2021 | LK₨125.3b | LK₨154.4b | LK₨17.9b | 8.1x | 7x | 0.8x |
| Mon, 30 Aug 2021 | LK₨132.4b | LK₨154.4b | LK₨17.9b | 7.9x | 7.4x | 0.9x |
| Tue, 06 Jul 2021 | LK₨115.0b | LK₨149.0b | LK₨17.3b | 7.7x | 6.7x | 0.8x |
| Fri, 09 Apr 2021 | LK₨107.4b | LK₨137.0b | LK₨16.4b | 6.6x | 6.6x | 0.8x |
| Thu, 31 Dec 2020 | LK₨91.9b | LK₨123.5b | LK₨12.6b | 7.1x | 7.3x | 0.7x |
Price to Earnings Ratio
8.3x
Current Industry PE
- Investors are optimistic on the Sri Lankan Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.2x which is higher than its 3-year average PE of 5.6x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 29% 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 Materials industry?
| LK Market | 1.26% | |
| Materials | 0.44% | |
| Chemicals | -0.22% | |
| Commodity Chemicals | 0.49% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.16% | |
| Fertilizers and Agricultural Chemicals | -1.90% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 16.2x.
- 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 close to its 3-year average of 4.8x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 48% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| DIPD.N0000 Dipped Products | LK₨28.80 | 1.4% +LK₨239.4m | 0.7% | PE5.6x | |
| HAYC.N0000 Haycarb | LK₨63.30 | 1.3% +LK₨237.7m | 5.3% | PE5.7x |