Singaporean (SGX) Chemicals Industry Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies10
- 7D4.0%
- 3M-15.9%
- 1Y-42.0%
- YTD-38.0%
The Chemicals industry is up 4.0% in the last week, with Nanofilm Technologies International up 3.8%. Meanwhile, AsiaPhos actually underperformed within the industry, shrinking 5.6% in the last week. In the past year, the industry is down 42%. Earnings are forecast to grow by 4.5% annually.
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, 27 Nov 2022 | S$2.3b | S$5.4b | S$319.5m | 12.3x | 7.2x | 0.4x |
| Tue, 25 Oct 2022 | S$2.3b | S$5.5b | S$315.1m | 12.7x | 7.2x | 0.4x |
| Thu, 22 Sep 2022 | S$2.6b | S$5.5b | S$320.7m | 13.4x | 8.1x | 0.5x |
| Sat, 20 Aug 2022 | S$2.8b | S$5.4b | S$324.0m | 13x | 8.6x | 0.5x |
| Mon, 18 Jul 2022 | S$2.5b | S$5.2b | S$270.4m | 10.2x | 9.2x | 0.5x |
| Wed, 15 Jun 2022 | S$2.8b | S$5.2b | S$269.4m | 10.2x | 10.3x | 0.5x |
| Fri, 13 May 2022 | S$2.9b | S$5.1b | S$258.2m | 18.4x | 11.1x | 0.6x |
| Sun, 10 Apr 2022 | S$2.7b | S$1.7b | S$237.6m | 10.3x | 11.4x | 1.6x |
| Tue, 08 Mar 2022 | S$2.6b | S$1.7b | S$245.1m | 16.3x | 10.7x | 1.5x |
| Thu, 03 Feb 2022 | S$2.8b | S$1.4b | S$205.6m | 16.6x | 13.8x | 2x |
| Sat, 01 Jan 2022 | S$3.5b | S$1.4b | S$205.7m | 16.3x | 17x | 2.4x |
| Mon, 29 Nov 2021 | S$3.7b | S$1.4b | S$207.5m | 15.2x | 17.7x | 2.5x |
| Wed, 27 Oct 2021 | S$3.6b | S$1.4b | S$212.8m | 10.8x | 16.7x | 2.6x |
| Fri, 24 Sep 2021 | S$3.8b | S$1.4b | S$211.5m | 11.8x | 18.1x | 2.8x |
| Sun, 22 Aug 2021 | S$3.6b | S$1.4b | S$211.0m | 12x | 17.3x | 2.6x |
| Fri, 09 Jul 2021 | S$4.7b | S$1.4b | S$211.0m | 13.1x | 22.2x | 3.3x |
| Thu, 01 Apr 2021 | S$4.4b | S$1.3b | S$180.1m | 12.7x | 24.1x | 3.4x |
| Sun, 03 Jan 2021 | S$3.9b | S$1.1b | S$138.6m | 11.8x | 27.8x | 3.4x |
| Wed, 07 Oct 2020 | S$719.2m | S$879.6m | S$88.4m | 8.9x | 8.1x | 0.8x |
| Tue, 30 Jun 2020 | S$665.2m | S$901.0m | S$83.7m | 10.2x | 7.9x | 0.7x |
| Fri, 03 Apr 2020 | S$623.4m | S$1.0b | S$99.6m | 10.7x | 6.3x | 0.6x |
| Mon, 06 Jan 2020 | S$880.1m | S$1.1b | S$87.8m | 8.1x | 10x | 0.8x |
Price to Earnings Ratio
12.2x
Current Industry PE
- Investors are pessimistic on the Singaporean 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 7.2x which is lower than its 3-year average PE of 14.6x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.43x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 65% per year over the last three years.
- Revenues for these companies have grown 67% 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 Singaporean Materials industry?
| SG Market | -0.57% | |
| Materials | 1.06% | |
| Chemicals | 4.04% | |
| Specialty Chemicals | 37.94% | |
| Commodity Chemicals | 2.90% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 13.4x.
- Analysts are expecting annual earnings growth of 4.5%, which is lower than the prior year's growth of 38.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 4.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 39% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 4.5% 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$1.36 | 3.8% +S$32.9m | -66.5% | PE14.2x | |
| Y8E Samurai 2K Aerosol | S$0.27 | 42.1% +S$26.8m | -22.9% | PE28.6x | |
| 5VJ Halcyon Agri | S$0.40 | 3.9% +S$23.9m | 64.6% | PE108.3x | |
| C8R Jiutian Chemical Group | S$0.077 | 2.7% +S$4.0m | 6.9% | PE1.4x | |
| BFT Fabchem China | S$0.20 | 15.3% +S$1.2m | -24.6% | PB17.5x |