Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Sri Lankan (CSE) Chemicals Industry Analysis
UpdatedSep 19, 2024
DataAggregated Company Financials
Companies11
- 7D2.6%
- 3M-12.6%
- 1Y1.3%
- YTD10.7%
Over the last 7 days, the Chemicals industry has remained flat. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Sep 2024 | LK₨114.2b | LK₨255.2b | LK₨24.4b | 5.8x | 4.7x | 0.4x |
| Sat, 17 Aug 2024 | LK₨119.0b | LK₨255.2b | LK₨24.4b | 5.8x | 4.9x | 0.5x |
| Mon, 15 Jul 2024 | LK₨123.1b | LK₨251.1b | LK₨23.5b | 7x | 5.2x | 0.5x |
| Wed, 12 Jun 2024 | LK₨128.3b | LK₨251.1b | LK₨23.4b | 7.3x | 5.5x | 0.5x |
| Fri, 10 May 2024 | LK₨122.4b | LK₨251.1b | LK₨21.7b | 6.3x | 5.6x | 0.5x |
| Sun, 07 Apr 2024 | LK₨114.9b | LK₨251.1b | LK₨21.7b | 6x | 5.3x | 0.5x |
| Tue, 05 Mar 2024 | LK₨105.6b | LK₨251.1b | LK₨21.7b | 5.9x | 4.9x | 0.4x |
| Thu, 01 Feb 2024 | LK₨100.0b | LK₨248.6b | LK₨16.5b | 5.2x | 6.1x | 0.4x |
| Sat, 30 Dec 2023 | LK₨101.2b | LK₨248.7b | LK₨16.5b | 5.7x | 6.2x | 0.4x |
| Mon, 27 Nov 2023 | LK₨102.2b | LK₨248.7b | LK₨16.5b | 5.6x | 6.2x | 0.4x |
| Wed, 25 Oct 2023 | LK₨108.6b | LK₨259.2b | LK₨19.1b | 5.6x | 5.7x | 0.4x |
| Fri, 22 Sep 2023 | LK₨113.8b | LK₨259.5b | LK₨20.6b | 5.6x | 5.5x | 0.4x |
| Sun, 20 Aug 2023 | LK₨111.0b | LK₨259.5b | LK₨20.6b | 5.6x | 5.4x | 0.4x |
| Tue, 18 Jul 2023 | LK₨118.9b | LK₨267.3b | LK₨29.1b | 4.9x | 4.1x | 0.4x |
| Thu, 15 Jun 2023 | LK₨103.7b | LK₨267.5b | LK₨29.4b | 4.5x | 3.5x | 0.4x |
| Sat, 13 May 2023 | LK₨101.8b | LK₨256.6b | LK₨33.0b | 3.9x | 3.1x | 0.4x |
| Mon, 10 Apr 2023 | LK₨106.6b | LK₨256.5b | LK₨32.9b | 4.2x | 3.2x | 0.4x |
| Wed, 08 Mar 2023 | LK₨111.1b | LK₨256.5b | LK₨32.9b | 5.3x | 3.4x | 0.4x |
| Fri, 03 Feb 2023 | LK₨112.5b | LK₨244.2b | LK₨33.6b | 4.1x | 3.4x | 0.5x |
| Sun, 01 Jan 2023 | LK₨113.3b | LK₨236.1b | LK₨32.7b | 4.2x | 3.5x | 0.5x |
| Tue, 29 Nov 2022 | LK₨112.7b | LK₨236.1b | LK₨32.7b | 4.5x | 3.4x | 0.5x |
| Thu, 27 Oct 2022 | LK₨124.4b | LK₨213.8b | LK₨30.0b | 5.1x | 4.1x | 0.6x |
| Sat, 24 Sep 2022 | LK₨134.7b | LK₨205.3b | LK₨28.4b | 6.5x | 4.7x | 0.7x |
| Mon, 22 Aug 2022 | LK₨121.7b | LK₨205.3b | LK₨28.4b | 5x | 4.3x | 0.6x |
| Wed, 20 Jul 2022 | LK₨81.0b | LK₨180.0b | LK₨20.2b | 4.8x | 4x | 0.4x |
| Fri, 17 Jun 2022 | LK₨88.6b | LK₨180.0b | LK₨20.2b | 5.2x | 4.4x | 0.5x |
| Sun, 15 May 2022 | LK₨88.1b | LK₨172.9b | LK₨17.3b | 6.8x | 5.1x | 0.5x |
| Tue, 12 Apr 2022 | LK₨85.5b | LK₨169.5b | LK₨18.0b | 6.5x | 4.7x | 0.5x |
| Thu, 10 Mar 2022 | LK₨102.2b | LK₨169.5b | LK₨18.0b | 7.5x | 5.7x | 0.6x |
| Sat, 05 Feb 2022 | LK₨137.8b | LK₨163.3b | LK₨17.7b | 11x | 7.8x | 0.8x |
| Mon, 03 Jan 2022 | LK₨136.0b | LK₨161.8b | LK₨17.6b | 9.9x | 7.7x | 0.8x |
| Wed, 01 Dec 2021 | LK₨125.9b | LK₨161.8b | LK₨17.6b | 9.4x | 7.2x | 0.8x |
| Fri, 29 Oct 2021 | LK₨128.6b | LK₨155.1b | LK₨17.9b | 7.8x | 7.2x | 0.8x |
| Sun, 26 Sep 2021 | LK₨124.1b | LK₨154.4b | LK₨17.9b | 8.1x | 6.9x | 0.8x |
Price to Earnings Ratio
6.9x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 5.0x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 18% 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 | 2.26% | |
| Materials | 2.20% | |
| Chemicals | 2.64% | |
| Commodity Chemicals | 3.16% | |
| Specialty Chemicals | 2.76% | |
| Fertilizers and Agricultural Chemicals | 1.12% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 8.4x.
- 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 4.1x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 20% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 13% 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₨32.70 | 6.2% +LK₨1.1b | 3.8% | PE4.3x | |
| LLUB.N0000 Chevron Lubricants Lanka | LK₨117.00 | 2.0% +LK₨540.0m | 27.2% | PE7.4x | |
| HAYC.N0000 Haycarb | LK₨75.70 | 1.9% +LK₨416.0m | 12.8% | PE5.8x | |
| REXP.N0000 Richard Pieris Exports | LK₨399.75 | 6.5% +LK₨270.7m | -27.5% | PE24.1x | |
| CIC.N0000 CIC Holdings | LK₨66.00 | 1.1% +LK₨265.4m | -12.1% | PE2.4x |