Benign Growth For Lotte Chemical Titan Holding Berhad (KLSE:LCTITAN) Underpins Stock's 25% Plummet
Nov 21
Have your own idea? Try our Stock Screener
Malaysian (KLSE) Chemicals Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies24
- 7D4.7%
- 3M-9.0%
- 1Y-22.9%
- YTD-22.7%
In the last week, the Chemicals industry is up 4.7%, with PETRONAS Chemicals Group Berhad up 7.9%. During this same period, the Seng Fong Holdings Berhad underperformed, falling 6.1%. In contrast, the industry has lost 23% in the last 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | RM 63.9b | RM 72.4b | RM 1.1b | 18.3x | 56.2x | 0.9x |
| Tue, 22 Oct 2024 | RM 70.5b | RM 71.0b | RM 2.5b | 16.2x | 27.8x | 1x |
| Thu, 19 Sep 2024 | RM 68.1b | RM 70.9b | RM 2.5b | 15.9x | 27.1x | 1x |
| Sat, 17 Aug 2024 | RM 69.5b | RM 69.8b | RM 2.3b | 19.3x | 30.1x | 1x |
| Mon, 15 Jul 2024 | RM 74.8b | RM 69.8b | RM 2.2b | 21.5x | 33.5x | 1.1x |
| Wed, 12 Jun 2024 | RM 79.1b | RM 69.8b | RM 2.2b | 23x | 35.5x | 1.1x |
| Fri, 10 May 2024 | RM 81.2b | RM 70.3b | RM 2.1b | 21.2x | 38.5x | 1.2x |
| Sun, 07 Apr 2024 | RM 79.3b | RM 70.3b | RM 2.0b | 24.4x | 38.8x | 1.1x |
| Tue, 05 Mar 2024 | RM 78.7b | RM 70.0b | RM 2.0b | 20.9x | 39.3x | 1.1x |
| Thu, 01 Feb 2024 | RM 78.9b | RM 72.6b | RM 2.4b | 22x | 32.6x | 1.1x |
| Sat, 30 Dec 2023 | RM 82.0b | RM 72.8b | RM 2.3b | 22.6x | 36.1x | 1.1x |
| Mon, 27 Nov 2023 | RM 82.4b | RM 73.0b | RM 3.7b | 17.3x | 22.1x | 1.1x |
| Wed, 25 Oct 2023 | RM 81.3b | RM 74.6b | RM 3.6b | 17.2x | 22.6x | 1.1x |
| Fri, 22 Sep 2023 | RM 82.7b | RM 74.7b | RM 3.6b | 16.9x | 23x | 1.1x |
| Sun, 20 Aug 2023 | RM 78.9b | RM 76.3b | RM 5.1b | 13.6x | 15.5x | 1x |
| Tue, 18 Jul 2023 | RM 74.0b | RM 77.3b | RM 5.3b | 13.9x | 14.1x | 1x |
| Thu, 15 Jun 2023 | RM 74.7b | RM 77.3b | RM 5.3b | 13.8x | 14.2x | 1x |
| Sat, 13 May 2023 | RM 79.6b | RM 77.0b | RM 7.1b | 13.1x | 11.3x | 1x |
| Mon, 10 Apr 2023 | RM 84.1b | RM 77.8b | RM 7.4b | 13.3x | 11.4x | 1.1x |
| Wed, 08 Mar 2023 | RM 83.1b | RM 77.8b | RM 7.4b | 13.7x | 11.2x | 1.1x |
| Fri, 03 Feb 2023 | RM 91.6b | RM 76.3b | RM 9.2b | 13x | 10x | 1.2x |
| Sun, 01 Jan 2023 | RM 93.5b | RM 76.9b | RM 9.6b | 11.8x | 9.7x | 1.2x |
| Tue, 29 Nov 2022 | RM 97.4b | RM 76.7b | RM 9.6b | 11.8x | 10.1x | 1.3x |
| Thu, 27 Oct 2022 | RM 94.4b | RM 74.2b | RM 10.2b | 12.3x | 9.3x | 1.3x |
| Sat, 24 Sep 2022 | RM 91.0b | RM 74.8b | RM 10.1b | 13.1x | 9x | 1.2x |
| Mon, 22 Aug 2022 | RM 95.3b | RM 73.6b | RM 10.1b | 12.6x | 9.4x | 1.3x |
| Wed, 20 Jul 2022 | RM 89.0b | RM 71.7b | RM 10.7b | 11x | 8.3x | 1.2x |
| Fri, 17 Jun 2022 | RM 102.3b | RM 70.9b | RM 10.7b | 12.7x | 9.6x | 1.4x |
| Sun, 15 May 2022 | RM 107.7b | RM 66.8b | RM 10.0b | 12.6x | 10.7x | 1.6x |
| Tue, 12 Apr 2022 | RM 110.5b | RM 66.3b | RM 10.4b | 13x | 10.6x | 1.7x |
| Thu, 10 Mar 2022 | RM 108.0b | RM 66.2b | RM 10.4b | 12.4x | 10.3x | 1.6x |
| Sat, 05 Feb 2022 | RM 100.1b | RM 60.2b | RM 8.7b | 15.2x | 11.5x | 1.7x |
| Mon, 03 Jan 2022 | RM 99.7b | RM 59.2b | RM 8.7b | 15.7x | 11.5x | 1.7x |
| Wed, 01 Dec 2021 | RM 94.5b | RM 59.0b | RM 8.7b | 15.3x | 10.9x | 1.6x |
Price to Earnings Ratio
10.9x
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 56.2x which is higher than its 3-year average PE of 19.3x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 49% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.0% 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 | 0.092% | |
| Materials | 3.73% | |
| Chemicals | 4.71% | |
| Commodity Chemicals | 5.30% | |
| Industrial Gases | 0% | |
| Fertilizers and Agricultural Chemicals | -0.66% | |
| Specialty Chemicals | -0.98% | |
| Diversified Chemicals | -2.55% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 18.8x.
- Analysts are expecting annual earnings growth of 26.4%, which is higher than its past year's earnings growth of 2.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings growth rate of 2.5% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 10% 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 4.92 | 7.9% +RM 2.9b | -32.6% | PE51.3x | |
| BKAWAN Batu Kawan Berhad | RM 20.12 | 1.2% +RM 93.4m | -0.4% | PE20.7x | |
| SCIENTX Scientex Berhad | RM 4.52 | 0.9% +RM 62.1m | 25.2% | PE12.9x | |
| LUSTER Luster Industries Bhd | RM 0.065 | 8.3% +RM 15.0m | -7.1% | PE41.5x | |
| HIL Hil Industries Berhad | RM 0.90 | 3.4% +RM 10.0m | -6.3% | PE6.8x |
