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Has the Malaysian Chemicals Industry valuation changed over the past few years?
|Sat, 04 Dec 2021||RM94.7b||RM59.0b||RM8.7b||15.3x|
|Mon, 01 Nov 2021||RM98.3b||RM54.7b||RM6.9b||17.3x|
|Wed, 29 Sep 2021||RM97.1b||RM55.9b||RM7.6b||17.1x|
|Fri, 27 Aug 2021||RM93.5b||RM55.6b||RM7.5b||15.4x|
|Sat, 03 Jul 2021||RM91.5b||RM55.6b||RM7.5b||15.3x|
|Tue, 06 Apr 2021||RM89.5b||RM49.7b||RM5.0b||19.6x|
|Fri, 08 Jan 2021||RM85.9b||RM46.9b||RM3.0b||16.6x|
|Thu, 01 Oct 2020||RM67.3b||RM47.0b||RM2.7b||22.5x|
|Sun, 05 Jul 2020||RM69.1b||RM47.2b||RM2.8b||15x|
|Wed, 08 Apr 2020||RM54.5b||RM49.2b||RM3.5b||12.1x|
|Tue, 31 Dec 2019||RM79.3b||RM50.3b||RM4.1b||17.2x|
|Fri, 04 Oct 2019||RM80.4b||RM51.5b||RM4.6b||16.9x|
|Mon, 08 Jul 2019||RM88.3b||RM53.3b||RM5.3b||16.4x|
|Sun, 31 Mar 2019||RM96.4b||RM54.2b||RM5.8b||15.4x|
|Wed, 02 Jan 2019||RM98.5b||RM55.6b||RM6.3b||15.7x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 16.7x. However, future earnings are expected to decline by 11% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 8.9% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Malaysian Chemicals industry?
|Fertilizers and Agricultural Chemicals||-0.62%|
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 58.9x. However analysts are expecting annual earnings growth of 27%, which is lower than the prior year's growth of 115% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 15.3x.
Forecasted Growth: Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 115% per year. Meanwhile, the Commodity Chemicals industry is expected to see its earnings decline by 12% per year over the next few years.
Which companies have driven the market over the last 7 days?
|PCHEM PETRONAS Chemicals Group Berhad||0.7%+RM480.0m||14.9%||PE11.8x|
|LCTITAN Lotte Chemical Titan Holding Berhad||8.0%+RM387.2m||-19.6%||PE5.1x|
|ARTRONIQ Artroniq Berhad||11.0%+RM14.4m||16.1%||PS0.6x|
|NYLEX Nylex (Malaysia) Berhad||0.8%+RM1.8m||105.0%||PE10.6x|
|IMASPRO Imaspro Corporation Berhad||0.4%+RM800.0k||14.0%||PE17.1x|
Hextar Global Berhad
Toyo Ventures Holdings Berhad
Hexza Corporation Berhad
PETRONAS Chemicals Group Berhad
Techbond Group Berhad
Tek Seng Holdings Berhad
Lotte Chemical Titan Holding Berhad
Batu Kawan Berhad
Imaspro Corporation Berhad
Nylex (Malaysia) Berhad
DPI Holdings Berhad