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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023LK₨102.3bLK₨248.7bLK₨16.5b5.7x6.2x0.4x
Tue, 31 Oct 2023LK₨107.0bLK₨259.3bLK₨18.5b5.7x5.8x0.4x
Thu, 28 Sep 2023LK₨114.7bLK₨259.5bLK₨20.6b5.7x5.6x0.4x
Sat, 26 Aug 2023LK₨113.2bLK₨259.5bLK₨20.6b5.7x5.5x0.4x
Mon, 24 Jul 2023LK₨120.2bLK₨269.0bLK₨27.4b5.4x4.4x0.4x
Wed, 21 Jun 2023LK₨102.0bLK₨267.3bLK₨29.1b4.5x3.5x0.4x
Fri, 19 May 2023LK₨98.0bLK₨255.1bLK₨33.0b3.8x3x0.4x
Sun, 16 Apr 2023LK₨110.1bLK₨256.5bLK₨32.9b4.6x3.3x0.4x
Tue, 14 Mar 2023LK₨111.7bLK₨256.5bLK₨32.9b4.6x3.4x0.4x
Thu, 09 Feb 2023LK₨112.8bLK₨244.4bLK₨33.7b4.3x3.4x0.5x
Sat, 07 Jan 2023LK₨114.0bLK₨236.1bLK₨32.7b4.4x3.5x0.5x
Mon, 05 Dec 2022LK₨119.8bLK₨236.1bLK₨32.7b4.9x3.7x0.5x
Wed, 02 Nov 2022LK₨120.7bLK₨213.8bLK₨30.1b5x4x0.6x
Fri, 30 Sep 2022LK₨133.4bLK₨205.3bLK₨28.4b6.3x4.7x0.6x
Sun, 28 Aug 2022LK₨117.7bLK₨205.3bLK₨28.4b4.9x4.1x0.6x
Tue, 26 Jul 2022LK₨89.4bLK₨180.1bLK₨20.3b5.2x4.4x0.5x
Thu, 23 Jun 2022LK₨84.4bLK₨180.0bLK₨20.2b5x4.2x0.5x
Sat, 21 May 2022LK₨90.0bLK₨174.9bLK₨19.1b6.7x4.7x0.5x
Mon, 18 Apr 2022LK₨85.5bLK₨169.5bLK₨18.0b6.5x4.7x0.5x
Wed, 16 Mar 2022LK₨107.8bLK₨169.5bLK₨18.0b7.9x6x0.6x
Fri, 11 Feb 2022LK₨130.0bLK₨165.3bLK₨18.5b8.3x7x0.8x
Sun, 09 Jan 2022LK₨141.4bLK₨161.8bLK₨17.6b10.6x8x0.9x
Tue, 07 Dec 2021LK₨124.4bLK₨161.8bLK₨17.6b9.1x7.1x0.8x
Thu, 04 Nov 2021LK₨127.4bLK₨156.7bLK₨18.2b7.8x7x0.8x
Sat, 02 Oct 2021LK₨125.3bLK₨154.4bLK₨17.9b8.1x7x0.8x
Mon, 30 Aug 2021LK₨132.4bLK₨154.4bLK₨17.9b7.9x7.4x0.9x
Tue, 06 Jul 2021LK₨115.0bLK₨149.0bLK₨17.3b7.7x6.7x0.8x
Fri, 09 Apr 2021LK₨107.4bLK₨137.0bLK₨16.4b6.6x6.6x0.8x
Thu, 31 Dec 2020LK₨91.9bLK₨123.5bLK₨12.6b7.1x7.3x0.7x
Price to Earnings Ratio

8.3x


Total Market Cap: LK₨85.1bTotal Earnings: LK₨10.2bTotal Revenue: LK₨115.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Chemicals Industry Price to Earnings3Y Average 5.6x202120222023
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 Market1.26%
Materials0.44%
Chemicals-0.22%
Commodity Chemicals0.49%
Diversified Chemicals0%
Industrial Gases0%
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?

CompanyLast Price7D1YValuation
DIPD.N0000 Dipped ProductsLK₨28.801.4%
+LK₨239.4m
0.7%PE5.6x
HAYC.N0000 HaycarbLK₨63.301.3%
+LK₨237.7m
5.3%PE5.7x
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