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Singaporean (SGX) Chemicals Industry Analysis

UpdatedNov 12, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.8%
  • 3M1.4%
  • 1Y-3.3%
  • YTD-11.0%

Over the last 7 days, the Chemicals industry has remained flat, although notably Jiutian Chemical Group gained 11%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Nov 2024S$3.8bS$3.1bS$78.8m34.9x47.8x1.2x
Thu, 10 Oct 2024S$4.0bS$3.1bS$78.7m36.2x50.9x1.3x
Sat, 07 Sep 2024S$3.6bS$3.0bS$78.6m33.5x45.5x1.2x
Mon, 05 Aug 2024S$3.6bS$3.1bS$72.3m43.7x49.8x1.2x
Wed, 03 Jul 2024S$3.7bS$3.1bS$135.8m30x27x1.2x
Fri, 31 May 2024S$3.7bS$3.1bS$129.0m28.7x28.5x1.2x
Sun, 28 Apr 2024S$3.6bS$3.1bS$129.2m27.4x28x1.1x
Tue, 26 Mar 2024S$3.8bS$3.2bS$101.1m30.3x37.6x1.2x
Thu, 22 Feb 2024S$3.8bS$3.3bS$157.0m28x24.5x1.2x
Sat, 20 Jan 2024S$1.8bS$4.8bS$25.5m30x68.9x0.4x
Mon, 18 Dec 2023S$1.8bS$4.8bS$25.2m28.4x72.1x0.4x
Wed, 15 Nov 2023S$1.7bS$4.8bS$26.6m11.5x65.7x0.4x
Fri, 13 Oct 2023S$1.9bS$4.9bS$56.8m12.6x32.7x0.4x
Sun, 10 Sep 2023S$1.9bS$4.9bS$56.6m12.8x33.8x0.4x
Tue, 08 Aug 2023S$1.9bS$5.0bS$126.6m13.8x15.1x0.4x
Thu, 06 Jul 2023S$2.2bS$5.2bS$170.5m8.8x12.7x0.4x
Sat, 03 Jun 2023S$2.3bS$5.2bS$173.7m9.6x13.1x0.4x
Mon, 01 May 2023S$2.4bS$5.2bS$248.7m5.2x9.5x0.4x
Wed, 29 Mar 2023S$2.4bS$5.2bS$248.9m5.4x9.7x0.5x
Fri, 24 Feb 2023S$2.4bS$5.3bS$302.8m12.3x7.8x0.5x
Sun, 22 Jan 2023S$2.4bS$5.2bS$321.9m13.1x7.3x0.5x
Tue, 20 Dec 2022S$2.3bS$5.3bS$322.2m12.3x7.1x0.4x
Thu, 17 Nov 2022S$2.2bS$5.4bS$322.0m12.3x6.7x0.4x
Sat, 15 Oct 2022S$2.4bS$5.5bS$319.5m12.8x7.5x0.4x
Mon, 12 Sep 2022S$2.7bS$5.5bS$322.0m13.4x8.5x0.5x
Wed, 10 Aug 2022S$2.5bS$5.1bS$267.5m9.9x9.5x0.5x
Fri, 08 Jul 2022S$2.6bS$5.2bS$272.9m10.2x9.7x0.5x
Sun, 05 Jun 2022S$3.0bS$5.1bS$265.4m10.3x11.2x0.6x
Tue, 03 May 2022S$3.0bS$5.1bS$237.5m19.3x12.7x0.6x
Thu, 31 Mar 2022S$2.6bS$1.7bS$236.6m10.5x11.1x1.6x
Sat, 26 Feb 2022S$2.8bS$1.6bS$234.0m16.9x12.1x1.8x
Mon, 24 Jan 2022S$2.9bS$1.4bS$205.5m16.6x14.3x2x
Wed, 22 Dec 2021S$3.4bS$1.4bS$207.2m16.5x16.6x2.4x
Fri, 19 Nov 2021S$3.8bS$1.4bS$206.3m14.7x18.2x2.6x
Price to Earnings Ratio

18.2x


Total Market Cap: S$3.8bTotal Earnings: S$206.3mTotal Revenue: S$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Chemicals Industry Price to Earnings3Y Average 23.7x202220232024
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 48.2x which is higher than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 29% 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 Market2.65%
Materials-1.13%
Chemicals-1.76%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals0%
Industrial Gases0%
Specialty Chemicals-1.36%
Commodity Chemicals-4.18%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 55.7%, which is higher than its past year's earnings decline of 10.6% per year.
  • Investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 58.2x.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 5.6% 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
C8R Jiutian Chemical GroupS$0.03114.8%
+S$8.0m
19.2%PS1.2x
BFT Fabchem ChinaS$0.2015.3%
+S$1.2m
-24.6%PB17.5x
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