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Swedish (OMX) Chemicals Industry Analysis

UpdatedAug 03, 2024
DataAggregated Company Financials
Companies15
  • 7D-3.7%
  • 3M-10.5%
  • 1Y1.3%
  • YTD-6.9%

Over the last 7 days, the Chemicals industry has dropped 3.7%, driven by a pullback from HEXPOL of 3.6%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Swedish Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Aug 2024SEK 44.8bSEK 25.8bSEK 2.1b15.8x21.7x1.7x
Mon, 01 Jul 2024SEK 46.8bSEK 26.1bSEK 2.1b16.2x22.3x1.8x
Wed, 29 May 2024SEK 50.6bSEK 26.1bSEK 2.1b17.5x24.1x1.9x
Fri, 26 Apr 2024SEK 50.0bSEK 26.9bSEK 2.1b17.5x23.8x1.9x
Sun, 24 Mar 2024SEK 50.9bSEK 26.9bSEK 2.1b17.8x24.2x1.9x
Tue, 20 Feb 2024SEK 48.7bSEK 27.2bSEK 1.6b16.7x29.6x1.8x
Thu, 18 Jan 2024SEK 45.9bSEK 28.0bSEK 1.9b20.7x24.8x1.6x
Sat, 16 Dec 2023SEK 48.0bSEK 28.0bSEK 1.9b22.2x25.9x1.7x
Mon, 13 Nov 2023SEK 42.0bSEK 28.0bSEK 1.9b17.1x22.6x1.5x
Wed, 11 Oct 2023SEK 41.7bSEK 28.7bSEK 1.9b12.7x22.5x1.5x
Fri, 08 Sep 2023SEK 45.7bSEK 28.7bSEK 1.9b13.7x24.6x1.6x
Sun, 06 Aug 2023SEK 47.3bSEK 28.6bSEK 1.9b15.9x25.3x1.7x
Tue, 04 Jul 2023SEK 49.4bSEK 28.5bSEK 1.8b16.4x27x1.7x
Thu, 01 Jun 2023SEK 47.6bSEK 28.5bSEK 1.8b16.6x26x1.7x
Sat, 29 Apr 2023SEK 52.0bSEK 27.7bSEK 1.8b18.9x28.3x1.9x
Mon, 27 Mar 2023SEK 51.8bSEK 27.7bSEK 1.9b18.9x28x1.9x
Wed, 22 Feb 2023SEK 50.9bSEK 27.7bSEK 1.8b18.9x27.8x1.8x
Fri, 20 Jan 2023SEK 49.2bSEK 26.2bSEK 1.9b21x25.3x1.9x
Sun, 18 Dec 2022SEK 48.5bSEK 26.2bSEK 1.9b19.4x25x1.9x
Tue, 15 Nov 2022SEK 47.5bSEK 26.2bSEK 1.9b20.4x24.5x1.8x
Thu, 13 Oct 2022SEK 39.2bSEK 24.4bSEK 2.3b13x17.1x1.6x
Sat, 10 Sep 2022SEK 40.7bSEK 24.4bSEK 2.3b14.6x17.7x1.7x
Mon, 08 Aug 2022SEK 43.3bSEK 24.3bSEK 2.4b13.6x18.3x1.8x
Wed, 06 Jul 2022SEK 36.5bSEK 22.6bSEK 2.2b12.6x16.2x1.6x
Fri, 03 Jun 2022SEK 45.9bSEK 25.0bSEK 1.7b14.1x26.7x1.8x
Sun, 01 May 2022SEK 41.6bSEK 24.0bSEK 1.9b12.4x21.5x1.7x
Tue, 29 Mar 2022SEK 45.4bSEK 22.7bSEK 1.9b13.9x24.1x2x
Thu, 24 Feb 2022SEK 51.0bSEK 21.8bSEK 2.0b17.9x26x2.3x
Sat, 22 Jan 2022SEK 55.6bSEK 21.0bSEK 2.0b17.4x27.2x2.7x
Mon, 20 Dec 2021SEK 60.2bSEK 21.0bSEK 2.1b18.2x29.4x2.9x
Wed, 17 Nov 2021SEK 62.0bSEK 20.6bSEK 2.2b16.3x27.8x3x
Fri, 15 Oct 2021SEK 56.8bSEK 19.6bSEK 1.8b18.2x31.3x2.9x
Sun, 12 Sep 2021SEK 57.9bSEK 19.6bSEK 1.8b19.5x31.9x3x
Tue, 10 Aug 2021SEK 60.7bSEK 19.6bSEK 1.8b20.9x33.5x3.1x
Price to Earnings Ratio

33.5x


Total Market Cap: SEK 60.7bTotal Earnings: SEK 1.8bTotal Revenue: SEK 19.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 24.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 21.7x which is lower than its 3-year average PE of 24.8x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 4.4% per year over the last three years.
  • Revenues for these companies have grown 9.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Materials industry?

SE Market-4.24%
Materials-3.57%
Chemicals-3.74%
Diversified Chemicals0%
Industrial Gases0%
Specialty Chemicals-3.40%
Commodity Chemicals-4.45%
Fertilizers and Agricultural Chemicals-10.32%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 53.3x.
    • Analysts are expecting annual earnings growth of 27.0%, which is lower than the prior year's growth of 107.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 53% over the next 5 years.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 8.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ITECH I-TechSEK 40.604.1%
+SEK 19.1m
-13.4%PE22.3x
POLYG Polygiene GroupSEK 10.303.0%
+SEK 11.0m
87.6%PS2.9x
PCAT PhotocatSEK 13.0013.0%
+SEK 9.0m
12.1%PS3x
AXIC A aXichemSEK 1.231.2%
+SEK 886.7k
-85.2%PS35.2x
RECY B Recyctec HoldingSEK 0.483.7%
+SEK 222.3k
-20.0%PS0.4x
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Latest News

POLYG

SEK 10.30

Polygiene Group

7D

3.0%

1Y

87.6%

RECY B

SEK 0.48

Recyctec Holding

7D

3.7%

1Y

-20.0%

ORGC

SEK 3.12

OrganoClick

7D

-5.5%

1Y

-27.4%

NEXAM

SEK 5.06

Nexam Chemical Holding

7D

-4.2%

1Y

53.3%

AERO

SEK 0.14

Svenska Aerogel Holding

7D

-7.2%

1Y

-47.4%

POLYMER

SEK 1.17

Polymer Factory Sweden

7D

1.7%

1Y

-23.5%

PCAT

SEK 13.00

Photocat

7D

13.0%

1Y

12.1%

ITECH

SEK 40.60

I-Tech

7D

4.1%

1Y

-13.4%

RENEW

SEK 5.30

Re:NewCell

7D

-6.1%

1Y

-94.0%

AXIC A

SEK 1.23

aXichem

7D

1.2%

1Y

-85.2%

CINIS

SEK 23.90

Cinis Fertilizer

7D

-10.3%

1Y

-36.1%

DURC B

SEK 16.90

Duroc

7D

-3.2%

1Y

-13.6%