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Malaysian (KLSE) Chemicals Industry Analysis
UpdatedApr 14, 2025
DataAggregated Company Financials
Companies27
- 7D-4.4%
- 3M-26.1%
- 1Y-42.1%
- YTD-28.2%
Over the last 7 days, the Chemicals industry has dropped 4.4%, driven by a pullback from Batu Kawan Berhad of 1.6%. On the other hand PETRONAS Chemicals Group Berhad is actually up 6.0%. Overall the industry is down 42% in 12 months. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Malaysian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | RM 46.8b | RM 74.6b | RM 1.2b | 13.7x | 39.3x | 0.6x |
| Thu, 13 Mar 2025 | RM 52.0b | RM 74.5b | RM 1.3b | 13.8x | 40.8x | 0.7x |
| Sat, 08 Feb 2025 | RM 60.0b | RM 73.7b | RM 848.2m | 17.5x | 70.8x | 0.8x |
| Mon, 06 Jan 2025 | RM 65.9b | RM 73.8b | RM 1.2b | 17.5x | 55.9x | 0.9x |
| Wed, 04 Dec 2024 | RM 62.8b | RM 72.3b | RM 1.1b | 21.2x | 58.9x | 0.9x |
| Fri, 01 Nov 2024 | RM 68.2b | RM 71.0b | RM 2.5b | 16.3x | 27x | 1x |
| Sun, 29 Sep 2024 | RM 70.1b | RM 71.0b | RM 2.5b | 15.9x | 27.6x | 1x |
| Tue, 27 Aug 2024 | RM 70.2b | RM 70.9b | RM 2.5b | 17x | 28x | 1x |
| Thu, 25 Jul 2024 | RM 73.4b | RM 69.8b | RM 2.2b | 21x | 32.9x | 1.1x |
| Sat, 22 Jun 2024 | RM 77.6b | RM 69.8b | RM 2.2b | 20.9x | 34.8x | 1.1x |
| Mon, 20 May 2024 | RM 81.3b | RM 70.3b | RM 2.1b | 20x | 38.6x | 1.2x |
| Wed, 17 Apr 2024 | RM 78.7b | RM 70.3b | RM 2.0b | 20.4x | 38.5x | 1.1x |
| Fri, 15 Mar 2024 | RM 78.8b | RM 70.0b | RM 2.0b | 21.3x | 39.3x | 1.1x |
| Sun, 11 Feb 2024 | RM 78.3b | RM 72.6b | RM 2.4b | 22.3x | 32.3x | 1.1x |
| Tue, 09 Jan 2024 | RM 82.9b | RM 72.8b | RM 2.3b | 22.9x | 36.5x | 1.1x |
| Thu, 07 Dec 2023 | RM 80.0b | RM 72.7b | RM 2.2b | 22.6x | 35.8x | 1.1x |
| Sat, 04 Nov 2023 | RM 81.6b | RM 74.2b | RM 3.9b | 17.2x | 20.9x | 1.1x |
| Mon, 02 Oct 2023 | RM 81.8b | RM 74.7b | RM 3.6b | 16.8x | 22.7x | 1.1x |
| Wed, 30 Aug 2023 | RM 81.9b | RM 74.9b | RM 3.6b | 16.3x | 22.6x | 1.1x |
| Fri, 28 Jul 2023 | RM 78.8b | RM 77.3b | RM 5.3b | 13.6x | 15x | 1x |
| Sun, 25 Jun 2023 | RM 73.1b | RM 77.4b | RM 5.3b | 13.5x | 13.9x | 0.9x |
| Tue, 23 May 2023 | RM 78.6b | RM 77.0b | RM 7.0b | 13.4x | 11.2x | 1x |
| Thu, 20 Apr 2023 | RM 82.0b | RM 77.8b | RM 7.4b | 13.2x | 11.1x | 1.1x |
| Sat, 18 Mar 2023 | RM 82.1b | RM 77.8b | RM 7.4b | 13.6x | 11.1x | 1.1x |
| Mon, 13 Feb 2023 | RM 91.5b | RM 76.3b | RM 9.2b | 13.1x | 10x | 1.2x |
| Wed, 11 Jan 2023 | RM 91.9b | RM 76.9b | RM 9.6b | 12.7x | 9.5x | 1.2x |
| Fri, 09 Dec 2022 | RM 91.8b | RM 76.8b | RM 9.6b | 12.2x | 9.5x | 1.2x |
| Sun, 06 Nov 2022 | RM 92.0b | RM 74.3b | RM 9.8b | 11.5x | 9.4x | 1.2x |
| Tue, 04 Oct 2022 | RM 90.0b | RM 75.0b | RM 10.1b | 13.2x | 8.9x | 1.2x |
| Thu, 01 Sep 2022 | RM 95.2b | RM 74.8b | RM 10.1b | 12.8x | 9.4x | 1.3x |
| Sat, 30 Jul 2022 | RM 96.4b | RM 71.8b | RM 10.2b | 12.4x | 9.4x | 1.3x |
| Mon, 27 Jun 2022 | RM 98.7b | RM 70.9b | RM 10.7b | 12.6x | 9.2x | 1.4x |
| Wed, 25 May 2022 | RM 107.1b | RM 67.0b | RM 10.0b | 12.1x | 10.7x | 1.6x |
| Fri, 22 Apr 2022 | RM 112.2b | RM 66.4b | RM 10.4b | 13.6x | 10.8x | 1.7x |
Price to Earnings Ratio
10.8x
Current Industry PE
- Investors are optimistic on the Malaysian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.3x which is higher than its 3-year average PE of 24.5x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 51% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Malaysian Materials industry?
| MY Market | -3.31% | |
| Materials | -6.84% | |
| Chemicals | -4.35% | |
| Fertilizers and Agricultural Chemicals | 1.13% | |
| Diversified Chemicals | -4.16% | |
| Specialty Chemicals | -4.54% | |
| Commodity Chemicals | -4.81% | |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry even though it's trading below its 3-year average PE ratio of 59.0x.
- Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings growth of 8.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 1.1% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| PCHEM PETRONAS Chemicals Group Berhad | RM 3.18 | 6.0% +RM 1.4b | -53.2% | PE21.7x | |
| SCIENTX Scientex Berhad | RM 3.38 | 2.1% +RM 108.9m | -16.5% | PE10.1x | |
| HEXTAR Hextar Global Berhad | RM 0.91 | 2.8% +RM 96.9m | 5.8% | PE59.3x | |
| TMK TMK Chemical Bhd | RM 1.11 | 7.8% +RM 80.0m | n/a | PE9.9x | |
| LCTITAN Lotte Chemical Titan Holding Berhad | RM 0.40 | 6.8% +RM 56.9m | -64.7% | PS0.1x |