Sri Lankan (CSE) Chemicals Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies11
- 7D1.1%
- 3M17.7%
- 1Y11.1%
- YTD13.3%
Last week, the Chemicals industry hasn't moved much but CIC Holdings is up 3.3% in that time. The past year has been better, since the industry has gained 9.6% in that time. Looking forward, earnings are forecast to grow by 14% annually.
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, 25 Apr 2024 | LK₨116.8b | LK₨251.1b | LK₨21.7b | 6x | 5.4x | 0.5x |
| Sat, 23 Mar 2024 | LK₨113.7b | LK₨251.1b | LK₨21.7b | 6.2x | 5.2x | 0.5x |
| Mon, 19 Feb 2024 | LK₨100.7b | LK₨250.2b | LK₨21.4b | 5.5x | 4.7x | 0.4x |
| Wed, 17 Jan 2024 | LK₨100.9b | LK₨248.7b | LK₨16.5b | 5.4x | 6.1x | 0.4x |
| Fri, 15 Dec 2023 | LK₨102.6b | LK₨248.7b | LK₨16.5b | 5.6x | 6.2x | 0.4x |
| Sun, 12 Nov 2023 | LK₨105.0b | LK₨249.3b | LK₨17.9b | 5.8x | 5.9x | 0.4x |
| Tue, 10 Oct 2023 | LK₨111.7b | LK₨259.5b | LK₨20.6b | 5.6x | 5.4x | 0.4x |
| Thu, 07 Sep 2023 | LK₨112.7b | LK₨259.5b | LK₨20.6b | 5.7x | 5.5x | 0.4x |
| Sat, 05 Aug 2023 | LK₨116.8b | LK₨268.1b | LK₨27.4b | 5.1x | 4.3x | 0.4x |
| Mon, 03 Jul 2023 | LK₨104.8b | LK₨267.3b | LK₨29.1b | 4.5x | 3.6x | 0.4x |
| Wed, 31 May 2023 | LK₨95.7b | LK₨268.0b | LK₨30.3b | 3.7x | 3.2x | 0.4x |
| Fri, 28 Apr 2023 | LK₨105.0b | LK₨256.5b | LK₨32.9b | 4.3x | 3.2x | 0.4x |
| Sun, 26 Mar 2023 | LK₨109.3b | LK₨256.5b | LK₨32.9b | 5.1x | 3.3x | 0.4x |
| Tue, 21 Feb 2023 | LK₨111.2b | LK₨256.4b | LK₨33.4b | 4.6x | 3.3x | 0.4x |
| Thu, 19 Jan 2023 | LK₨109.2b | LK₨236.1b | LK₨32.7b | 4.1x | 3.3x | 0.5x |
| Sat, 17 Dec 2022 | LK₨116.7b | LK₨236.1b | LK₨32.7b | 4.7x | 3.6x | 0.5x |
| Mon, 14 Nov 2022 | LK₨116.8b | LK₨225.4b | LK₨31.3b | 4.7x | 3.7x | 0.5x |
| Wed, 12 Oct 2022 | LK₨128.4b | LK₨205.3b | LK₨28.4b | 6x | 4.5x | 0.6x |
| Fri, 09 Sep 2022 | LK₨135.2b | LK₨205.3b | LK₨28.4b | 6.5x | 4.8x | 0.7x |
| Sun, 07 Aug 2022 | LK₨104.4b | LK₨189.9b | LK₨22.1b | 6x | 4.7x | 0.5x |
| Tue, 05 Jul 2022 | LK₨79.4b | LK₨180.0b | LK₨20.2b | 4.8x | 3.9x | 0.4x |
| Thu, 02 Jun 2022 | LK₨84.4b | LK₨179.3b | LK₨20.0b | 5.2x | 4.2x | 0.5x |
| Sat, 30 Apr 2022 | LK₨83.6b | LK₨169.5b | LK₨18.0b | 6.6x | 4.6x | 0.5x |
| Mon, 28 Mar 2022 | LK₨106.9b | LK₨169.5b | LK₨18.0b | 7.7x | 5.9x | 0.6x |
| Wed, 23 Feb 2022 | LK₨120.5b | LK₨167.6b | LK₨17.6b | 8.3x | 6.9x | 0.7x |
| Fri, 21 Jan 2022 | LK₨146.1b | LK₨161.8b | LK₨17.6b | 10.7x | 8.3x | 0.9x |
| Sun, 19 Dec 2021 | LK₨133.0b | LK₨161.8b | LK₨17.6b | 9.4x | 7.6x | 0.8x |
| Tue, 16 Nov 2021 | LK₨119.5b | LK₨161.4b | LK₨17.6b | 8.4x | 6.8x | 0.7x |
| Thu, 14 Oct 2021 | LK₨125.4b | LK₨154.4b | LK₨17.9b | 8x | 7x | 0.8x |
| Sat, 11 Sep 2021 | LK₨126.7b | LK₨154.4b | LK₨17.9b | 8.1x | 7.1x | 0.8x |
| Mon, 09 Aug 2021 | LK₨118.1b | LK₨149.0b | LK₨17.3b | 8.2x | 6.8x | 0.8x |
| Sun, 02 May 2021 | LK₨116.4b | LK₨137.0b | LK₨16.4b | 6.4x | 7.1x | 0.8x |
Price to Earnings Ratio
7.1x
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 5.3x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 9.9% per year over the last three years.
- Revenues for these companies have grown 22% 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 | 2.08% | |
| Materials | 1.27% | |
| Chemicals | 1.05% | |
| Specialty Chemicals | 5.49% | |
| Fertilizers and Agricultural Chemicals | 3.49% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -0.49% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 12.9x.
- 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 4.3x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 45% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| CIC.N0000 CIC Holdings | LK₨76.20 | 3.3% +LK₨909.8m | 11.9% | PE3x | |
| JAT.N0000 JAT Holdings | LK₨18.10 | 5.8% +LK₨510.4m | 14.6% | PE10.4x | |
| HAYC.N0000 Haycarb | LK₨74.80 | 1.1% +LK₨237.7m | 29.4% | PE6x | |
| AGST.N0000 AgStar | LK₨8.20 | 5.1% +LK₨195.0m | -30.5% | PE8.5x | |
| CHMX.N0000 Chemanex | LK₨75.00 | 2.7% +LK₨31.4m | 4.2% | PE17.4x |