Singaporean (SGX) Chemicals Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies9
- 7D-0.8%
- 3M-8.1%
- 1Y-6.9%
- YTD-20.4%
The Chemicals industry has been flat over the last week, but China Sunsine Chemical Holdings has lost 3.7%. Unfortunately though, the industry is down 6.9% over the past 12 months. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Singaporean Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | S$1.8b | S$4.8b | S$25.2m | 28.7x | 70.9x | 0.4x |
| Tue, 31 Oct 2023 | S$1.8b | S$4.9b | S$56.9m | 12.1x | 32.1x | 0.4x |
| Thu, 28 Sep 2023 | S$1.8b | S$4.9b | S$57.1m | 12.1x | 32.2x | 0.4x |
| Sat, 26 Aug 2023 | S$1.9b | S$4.9b | S$83.0m | 13.9x | 23.2x | 0.4x |
| Mon, 24 Jul 2023 | S$2.1b | S$5.1b | S$169.4m | 8.8x | 12.3x | 0.4x |
| Wed, 21 Jun 2023 | S$2.3b | S$5.1b | S$171.1m | 9.2x | 13.7x | 0.5x |
| Fri, 19 May 2023 | S$2.3b | S$5.2b | S$186.8m | 5.3x | 12.3x | 0.4x |
| Sun, 16 Apr 2023 | S$2.5b | S$5.2b | S$249.8m | 5.3x | 10x | 0.5x |
| Tue, 14 Mar 2023 | S$2.4b | S$5.3b | S$251.8m | 5.4x | 9.5x | 0.5x |
| Thu, 09 Feb 2023 | S$2.3b | S$5.2b | S$322.7m | 12.4x | 7.1x | 0.4x |
| Sat, 07 Jan 2023 | S$2.3b | S$5.3b | S$323.4m | 12x | 7.2x | 0.4x |
| Mon, 05 Dec 2022 | S$2.3b | S$5.3b | S$320.1m | 12.3x | 7.1x | 0.4x |
| Wed, 02 Nov 2022 | S$2.4b | S$5.4b | S$311.9m | 13x | 7.8x | 0.4x |
| Fri, 30 Sep 2022 | S$2.5b | S$5.5b | S$319.6m | 13.1x | 7.7x | 0.4x |
| Sun, 28 Aug 2022 | S$2.8b | S$5.4b | S$322.8m | 13.1x | 8.7x | 0.5x |
| Tue, 26 Jul 2022 | S$2.5b | S$5.1b | S$268.7m | 10.2x | 9.1x | 0.5x |
| Thu, 23 Jun 2022 | S$2.7b | S$5.1b | S$270.3m | 10.2x | 10x | 0.5x |
| Sat, 21 May 2022 | S$2.9b | S$5.1b | S$257.1m | 18.2x | 11.1x | 0.6x |
| Mon, 18 Apr 2022 | S$2.7b | S$1.7b | S$235.4m | 10.3x | 11.5x | 1.6x |
| Wed, 16 Mar 2022 | S$2.6b | S$1.7b | S$244.1m | 16.3x | 10.5x | 1.5x |
| Fri, 11 Feb 2022 | S$3.0b | S$1.4b | S$204.7m | 16.9x | 14.6x | 2.1x |
| Sun, 09 Jan 2022 | S$3.3b | S$1.4b | S$206.2m | 16.6x | 16.1x | 2.3x |
| Tue, 07 Dec 2021 | S$3.6b | S$1.4b | S$207.8m | 15.4x | 17.3x | 2.5x |
| Thu, 04 Nov 2021 | S$3.5b | S$1.4b | S$212.8m | 10.7x | 16.7x | 2.5x |
| Sat, 02 Oct 2021 | S$3.8b | S$1.4b | S$212.6m | 11x | 17.7x | 2.7x |
| Mon, 30 Aug 2021 | S$3.9b | S$1.4b | S$211.0m | 12x | 18.5x | 2.8x |
| Tue, 06 Jul 2021 | S$4.7b | S$1.4b | S$211.0m | 13.1x | 22.2x | 3.3x |
| Fri, 09 Apr 2021 | S$4.4b | S$1.3b | S$180.1m | 12.7x | 24.1x | 3.4x |
| Thu, 31 Dec 2020 | S$3.9b | S$1.1b | S$138.6m | 11.8x | 27.8x | 3.4x |
Price to Earnings Ratio
22.2x
Current Industry PE
- Investors are optimistic on the Singaporean Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 70.9x which is higher than its 3-year average PE of 17.5x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.37x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 43% per year over the last three years.
- Meanwhile revenues for these companies have grown 64% 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 Singaporean Materials industry?
| SG Market | -0.37% | |
| Materials | -1.15% | |
| Chemicals | -0.81% | |
| Specialty Chemicals | 0.34% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -1.44% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 25.0x.
- Analysts are expecting annual earnings growth of 2.5%, which is higher than its past year's earnings decline of 85.6% per year.
- Investors are most pessimistic about the Specialty Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings decline of 73% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 2.5% 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 | |
|---|---|---|---|---|---|
| MZH Nanofilm Technologies International | S$0.89 | 0.6% +S$3.2m | -32.6% | PE33.2x | |
| BFT Fabchem China | S$0.20 | 15.3% +S$1.2m | -24.6% | PB17.5x | |
| C05 Chemical Industries (Far East) | S$0.55 | 0.9% +S$379.7k | -19.9% | PE28.7x |