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Malaysian (KLSE) Chemicals Industry Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies26
- 7D-4.2%
- 3M-11.3%
- 1Y-26.1%
- YTD-25.5%
Over the last 7 days, the Chemicals industry has dropped 4.2%, driven by PETRONAS Chemicals Group Berhad declining 5.6%. The industry has fallen 26% in the last year. As for the next few years, earnings are expected to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Tue, 24 Dec 2024 | RM 63.2b | RM 73.8b | RM 1.2b | 17x | 53.8x | 0.9x |
| Thu, 21 Nov 2024 | RM 61.0b | RM 71.2b | RM 2.4b | 16.3x | 25.9x | 0.9x |
| Sat, 19 Oct 2024 | RM 69.9b | RM 71.0b | RM 2.5b | 16.2x | 27.6x | 1x |
| Mon, 16 Sep 2024 | RM 67.8b | RM 70.9b | RM 2.5b | 15.5x | 26.9x | 1x |
| Wed, 14 Aug 2024 | RM 68.2b | RM 69.8b | RM 2.3b | 20x | 29.7x | 1x |
| Fri, 12 Jul 2024 | RM 75.0b | RM 69.8b | RM 2.2b | 21.3x | 33.6x | 1.1x |
| Sun, 09 Jun 2024 | RM 78.5b | RM 69.8b | RM 2.2b | 21.9x | 35.2x | 1.1x |
| Tue, 07 May 2024 | RM 79.8b | RM 70.2b | RM 2.1b | 20.7x | 38.1x | 1.1x |
| Thu, 04 Apr 2024 | RM 78.4b | RM 70.3b | RM 2.0b | 23.2x | 38.3x | 1.1x |
| Sat, 02 Mar 2024 | RM 79.2b | RM 70.1b | RM 2.0b | 24.5x | 39.6x | 1.1x |
| Mon, 29 Jan 2024 | RM 79.1b | RM 72.8b | RM 2.3b | 22x | 34.8x | 1.1x |
| Wed, 27 Dec 2023 | RM 82.3b | RM 72.8b | RM 2.3b | 23.2x | 36.4x | 1.1x |
| Fri, 24 Nov 2023 | RM 81.4b | RM 73.0b | RM 3.7b | 17.2x | 21.8x | 1.1x |
| Sun, 22 Oct 2023 | RM 82.0b | RM 74.6b | RM 3.6b | 17.3x | 22.8x | 1.1x |
| Tue, 19 Sep 2023 | RM 82.2b | RM 74.7b | RM 3.6b | 16.8x | 22.8x | 1.1x |
| Thu, 17 Aug 2023 | RM 79.4b | RM 76.3b | RM 5.1b | 13.8x | 15.6x | 1x |
| Sat, 15 Jul 2023 | RM 75.1b | RM 77.4b | RM 5.3b | 13.5x | 14.2x | 1x |
| Mon, 12 Jun 2023 | RM 74.6b | RM 77.3b | RM 5.3b | 13.7x | 14.2x | 1x |
| Wed, 10 May 2023 | RM 81.1b | RM 77.0b | RM 7.1b | 13.1x | 11.5x | 1.1x |
| Fri, 07 Apr 2023 | RM 82.2b | RM 77.8b | RM 7.4b | 13.3x | 11.1x | 1.1x |
| Sun, 05 Mar 2023 | RM 82.7b | RM 77.8b | RM 7.4b | 13.7x | 11.2x | 1.1x |
| Tue, 31 Jan 2023 | RM 93.5b | RM 76.9b | RM 9.6b | 12.7x | 9.7x | 1.2x |
| Thu, 29 Dec 2022 | RM 92.9b | RM 76.9b | RM 9.6b | 11.8x | 9.6x | 1.2x |
| Sat, 26 Nov 2022 | RM 97.4b | RM 75.4b | RM 9.7b | 11.8x | 10.1x | 1.3x |
| Mon, 24 Oct 2022 | RM 95.3b | RM 74.2b | RM 10.2b | 12.2x | 9.4x | 1.3x |
| Wed, 21 Sep 2022 | RM 94.4b | RM 74.8b | RM 10.1b | 13.4x | 9.3x | 1.3x |
| Fri, 19 Aug 2022 | RM 95.3b | RM 71.8b | RM 10.2b | 12.6x | 9.3x | 1.3x |
| Sun, 17 Jul 2022 | RM 89.0b | RM 71.7b | RM 10.7b | 11x | 8.3x | 1.2x |
| Tue, 14 Jun 2022 | RM 102.5b | RM 70.9b | RM 10.7b | 12x | 9.6x | 1.4x |
| Thu, 12 May 2022 | RM 107.2b | RM 66.8b | RM 10.0b | 12.8x | 10.7x | 1.6x |
| Sat, 09 Apr 2022 | RM 111.8b | RM 66.3b | RM 10.4b | 13.3x | 10.7x | 1.7x |
| Mon, 07 Mar 2022 | RM 109.2b | RM 66.2b | RM 10.5b | 13x | 10.4x | 1.6x |
| Wed, 02 Feb 2022 | RM 99.3b | RM 60.2b | RM 8.7b | 15.2x | 11.4x | 1.6x |
| Fri, 31 Dec 2021 | RM 98.8b | RM 59.2b | RM 8.7b | 15.7x | 11.4x | 1.7x |
Price to Earnings Ratio
11.4x
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 53.8x which is higher than its 3-year average PE of 20.6x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.86x.
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 7.7% 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 | -0.68% | |
| Materials | -4.15% | |
| Chemicals | -4.20% | |
| Fertilizers and Agricultural Chemicals | 1.51% | |
| Diversified Chemicals | 0.73% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -1.52% | |
| Commodity Chemicals | -4.68% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 20.2x.
- Analysts expect its future annual earnings growth (24.9%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 32% over the next 5 years.
- However this is lower than its past earnings growth rate of 60% 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 | |
|---|---|---|---|---|---|
| LCTITAN Lotte Chemical Titan Holding Berhad | RM 0.60 | 6.2% +RM 79.7m | -57.1% | PS0.2x | |
| BKAWAN Batu Kawan Berhad | RM 20.12 | 0.6% +RM 46.8m | -1.5% | PE26.3x | |
| LUSTER Luster Industries Bhd | RM 0.06 | 9.1% +RM 15.0m | -7.7% | PE78.1x | |
| TMK TMK Chemical Bhd | RM 1.82 | 0.6% +RM 10.0m | n/a | PE17.1x | |
| TOYOVEN Toyo Ventures Holdings Berhad | RM 0.55 | 12.2% +RM 8.0m | -57.7% | PS0.9x |
