Analysis Article • Aug 26
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- 7D3.7%
- 3M23.4%
- 1Y3.0%
- YTD5.3%
In the last week, the Chemicals industry is up 3.0%, with HEXPOL up 2.7%. In the same time, aXichem was down 7.2%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Swedish Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Aug 2026 | SEK 38.1b | SEK 26.7b | SEK 1.7b | 19.1x | 21.9x | 1.4x |
| Sun, 26 Jul 2026 | SEK 35.9b | SEK 26.7b | SEK 1.8b | 23.5x | 20x | 1.3x |
| Tue, 23 Jun 2026 | SEK 30.9b | SEK 26.5b | SEK 1.8b | 24x | 17.1x | 1.2x |
| Thu, 21 May 2026 | SEK 31.5b | SEK 26.6b | SEK 1.8b | 22.1x | 17.2x | 1.2x |
| Sat, 18 Apr 2026 | SEK 33.3b | SEK 27.3b | SEK 2.0b | 17.1x | 17x | 1.2x |
| Mon, 16 Mar 2026 | SEK 30.2b | SEK 27.2b | SEK 2.0b | 15.4x | 15.4x | 1.1x |
| Wed, 11 Feb 2026 | SEK 31.9b | SEK 27.3b | SEK 2.0b | 15.2x | 15.8x | 1.2x |
| Fri, 09 Jan 2026 | SEK 35.6b | SEK 28.1b | SEK 1.8b | 15.3x | 19.2x | 1.3x |
| Sun, 07 Dec 2025 | SEK 36.1b | SEK 28.1b | SEK 1.8b | 16x | 19.5x | 1.3x |
| Tue, 04 Nov 2025 | SEK 35.7b | SEK 28.2b | SEK 1.9b | 18.8x | 19x | 1.3x |
| Thu, 02 Oct 2025 | SEK 36.2b | SEK 28.5b | SEK 2.0b | 19.7x | 18.4x | 1.3x |
| Sat, 30 Aug 2025 | SEK 36.6b | SEK 28.5b | SEK 2.0b | 23.5x | 18.5x | 1.3x |
| Mon, 28 Jul 2025 | SEK 37.2b | SEK 28.4b | SEK 2.0b | 28.1x | 19x | 1.3x |
| Wed, 25 Jun 2025 | SEK 37.5b | SEK 28.8b | SEK 2.1b | 26.7x | 17.7x | 1.3x |
| Fri, 23 May 2025 | SEK 37.6b | SEK 28.8b | SEK 2.1b | 27x | 17.7x | 1.3x |
| Sun, 20 Apr 2025 | SEK 35.3b | SEK 28.4b | SEK 2.2b | 23.4x | 16x | 1.2x |
| Tue, 18 Mar 2025 | SEK 43.3b | SEK 28.4b | SEK 2.2b | 23.3x | 19.7x | 1.5x |
| Thu, 13 Feb 2025 | SEK 41.7b | SEK 25.5b | SEK 1.8b | 20.3x | 23.4x | 1.6x |
| Sat, 11 Jan 2025 | SEK 41.6b | SEK 25.7b | SEK 1.9b | 21.3x | 21.4x | 1.6x |
| Mon, 09 Dec 2024 | SEK 42.4b | SEK 25.7b | SEK 1.9b | 20.9x | 21.8x | 1.6x |
| Wed, 06 Nov 2024 | SEK 41.4b | SEK 25.6b | SEK 2.0b | 19.3x | 21.1x | 1.6x |
| Fri, 04 Oct 2024 | SEK 40.7b | SEK 26.0b | SEK 2.1b | 19.7x | 19.4x | 1.6x |
| Sun, 01 Sep 2024 | SEK 45.4b | SEK 26.0b | SEK 2.1b | 20.3x | 21.6x | 1.7x |
| Tue, 30 Jul 2024 | SEK 46.5b | SEK 25.8b | SEK 2.1b | 16.4x | 22.5x | 1.8x |
| Thu, 27 Jun 2024 | SEK 46.7b | SEK 26.1b | SEK 2.1b | 16.2x | 22.2x | 1.8x |
| Sat, 25 May 2024 | SEK 51.4b | SEK 26.1b | SEK 2.1b | 17.9x | 24.4x | 2x |
| Mon, 22 Apr 2024 | SEK 50.6b | SEK 26.9b | SEK 2.1b | 17.7x | 24x | 1.9x |
| Wed, 20 Mar 2024 | SEK 50.0b | SEK 26.9b | SEK 2.1b | 17.5x | 23.8x | 1.9x |
| Fri, 16 Feb 2024 | SEK 48.6b | SEK 27.2b | SEK 1.9b | 21.5x | 25x | 1.8x |
| Sun, 14 Jan 2024 | SEK 47.7b | SEK 28.0b | SEK 1.9b | 21.9x | 25.8x | 1.7x |
| Tue, 12 Dec 2023 | SEK 46.0b | SEK 28.0b | SEK 1.9b | 20.3x | 24.9x | 1.6x |
| Thu, 09 Nov 2023 | SEK 41.4b | SEK 27.9b | SEK 1.8b | 16.7x | 22.5x | 1.5x |
| Sat, 07 Oct 2023 | SEK 41.1b | SEK 28.7b | SEK 1.9b | 12.8x | 22.2x | 1.4x |
| Mon, 04 Sep 2023 | SEK 47.1b | SEK 28.7b | SEK 1.9b | 13.5x | 25.4x | 1.6x |
Price to Earnings Ratio
25.4x
Current Industry PE
- Investors are relatively neutral on the Swedish Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.4x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.3% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Swedish Materials industry?
| SE Market | 2.02% | |
| Materials | 5.20% | |
| Chemicals | 3.65% | |
| Specialty Chemicals | 3.73% | |
| Commodity Chemicals | 2.27% | |
| Fertilizers and Agricultural Chemicals | 0% | 0 |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 17.5x.
- Analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings decline of 10.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| HPOL B HEXPOL | SEK 93.20 | 4.1% +SEK 1.3b | 8.9% | PE17.6x | |
| ITECH I-Tech | SEK 77.20 | 9.7% +SEK 81.6m | -11.9% | PE19.1x | |
| ARPL Arla Plast | SEK 40.70 | 5.7% +SEK 46.2m | -31.5% | PE11.7x | |
| NEXAM Nexam Chemical Holding | SEK 3.29 | 2.2% +SEK 7.2m | -11.8% | PS1.8x | |
| ECO B EcoRub | SEK 0.087 | 14.2% +SEK 5.6m | -15.1% | PS2.9x |
