HEXPOL AB (publ) (STO:HPOL B) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Jul 20
Swedish (OMX) Chemicals Industry Analysis
UpdatedAug 06, 2024
DataAggregated Company Financials
Companies15
- 7D-6.5%
- 3M-14.2%
- 1Y-1.5%
- YTD-9.7%
Over the last 7 days, the Chemicals industry has dropped 6.5%, driven by HEXPOL declining 6.0%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Aug 2024 | SEK 43.5b | SEK 25.8b | SEK 2.1b | 15.4x | 21.1x | 1.7x |
| Thu, 04 Jul 2024 | SEK 46.6b | SEK 26.1b | SEK 2.1b | 16.2x | 22.2x | 1.8x |
| Sat, 01 Jun 2024 | SEK 50.4b | SEK 26.1b | SEK 2.1b | 17.6x | 24x | 1.9x |
| Mon, 29 Apr 2024 | SEK 49.8b | SEK 26.3b | SEK 2.1b | 17.5x | 23.6x | 1.9x |
| Wed, 27 Mar 2024 | SEK 51.8b | SEK 26.9b | SEK 2.1b | 18.1x | 24.6x | 1.9x |
| Fri, 23 Feb 2024 | SEK 47.8b | SEK 27.2b | SEK 1.7b | 16.5x | 28.1x | 1.8x |
| Sun, 21 Jan 2024 | SEK 45.7b | SEK 28.0b | SEK 1.9b | 21.1x | 24.7x | 1.6x |
| Tue, 19 Dec 2023 | SEK 48.0b | SEK 28.0b | SEK 1.9b | 21.7x | 25.9x | 1.7x |
| Thu, 16 Nov 2023 | SEK 43.7b | SEK 28.0b | SEK 1.9b | 17.2x | 23.5x | 1.6x |
| Sat, 14 Oct 2023 | SEK 39.7b | SEK 28.7b | SEK 1.9b | 12.6x | 21.4x | 1.4x |
| Mon, 11 Sep 2023 | SEK 45.0b | SEK 28.7b | SEK 1.9b | 13.8x | 24.3x | 1.6x |
| Wed, 09 Aug 2023 | SEK 46.9b | SEK 28.6b | SEK 1.9b | 15.6x | 25.1x | 1.6x |
| Fri, 07 Jul 2023 | SEK 48.5b | SEK 28.5b | SEK 1.8b | 15.9x | 26.5x | 1.7x |
| Sun, 04 Jun 2023 | SEK 49.8b | SEK 28.5b | SEK 1.8b | 16.7x | 27.2x | 1.7x |
| Tue, 02 May 2023 | SEK 52.0b | SEK 28.5b | SEK 1.9b | 18.7x | 27.3x | 1.8x |
| Thu, 30 Mar 2023 | SEK 54.6b | SEK 27.7b | SEK 1.9b | 19.4x | 29.5x | 2x |
| Sat, 25 Feb 2023 | SEK 50.3b | SEK 27.7b | SEK 1.9b | 18.1x | 27.2x | 1.8x |
| Mon, 23 Jan 2023 | SEK 49.5b | SEK 26.2b | SEK 1.9b | 21.3x | 25.5x | 1.9x |
| Wed, 21 Dec 2022 | SEK 48.2b | SEK 26.2b | SEK 1.9b | 18.9x | 24.8x | 1.8x |
| Fri, 18 Nov 2022 | SEK 45.8b | SEK 26.2b | SEK 1.9b | 19.8x | 23.6x | 1.7x |
| Sun, 16 Oct 2022 | SEK 39.5b | SEK 24.4b | SEK 2.3b | 13.1x | 17.2x | 1.6x |
| Tue, 13 Sep 2022 | SEK 41.4b | SEK 24.4b | SEK 2.3b | 14.8x | 18x | 1.7x |
| Thu, 11 Aug 2022 | SEK 44.4b | SEK 24.3b | SEK 2.4b | 13.9x | 18.8x | 1.8x |
| Sat, 09 Jul 2022 | SEK 39.3b | SEK 22.6b | SEK 2.2b | 13.4x | 17.4x | 1.7x |
| Mon, 06 Jun 2022 | SEK 41.2b | SEK 22.6b | SEK 2.3b | 14.3x | 18.3x | 1.8x |
| Wed, 04 May 2022 | SEK 40.7b | SEK 24.0b | SEK 1.9b | 12.1x | 21x | 1.7x |
| Fri, 01 Apr 2022 | SEK 46.1b | SEK 22.7b | SEK 1.9b | 13.8x | 24.5x | 2x |
| Sun, 27 Feb 2022 | SEK 49.3b | SEK 21.8b | SEK 2.0b | 15.9x | 24.7x | 2.3x |
| Tue, 25 Jan 2022 | SEK 52.7b | SEK 21.0b | SEK 2.0b | 16.9x | 25.7x | 2.5x |
| Thu, 23 Dec 2021 | SEK 60.5b | SEK 21.0b | SEK 2.1b | 18.4x | 29.5x | 2.9x |
| Sat, 20 Nov 2021 | SEK 63.2b | SEK 20.6b | SEK 2.2b | 16.6x | 28.3x | 3.1x |
| Mon, 18 Oct 2021 | SEK 56.7b | SEK 19.6b | SEK 1.8b | 18.3x | 31.3x | 2.9x |
| Wed, 15 Sep 2021 | SEK 56.0b | SEK 19.6b | SEK 1.8b | 18.8x | 30.9x | 2.9x |
| Fri, 13 Aug 2021 | SEK 62.2b | SEK 19.6b | SEK 1.8b | 21.3x | 34.3x | 3.2x |
Price to Earnings Ratio
34.3x
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 21.1x 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 | -6.69% | |
| Materials | -5.84% | |
| Chemicals | -6.48% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -5.99% | |
| Commodity Chemicals | -9.09% | |
| Fertilizers and Agricultural Chemicals | -14.12% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 53.4x.
- Analysts are expecting annual earnings growth of 28.9%, 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 8.1% 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 | |
|---|---|---|---|---|---|
| ITECH I-Tech | SEK 39.20 | 3.2% +SEK 14.3m | -11.9% | PE21.5x | |
| PCAT Photocat | SEK 13.00 | 9.2% +SEK 6.6m | 12.1% | PS3x | |
| RECY B Recyctec Holding | SEK 0.54 | 3.8% +SEK 261.6k | -5.6% | PS0.5x |