Little Excitement Around Chemical Industries (Far East) Limited's (SGX:C05) Earnings
Nov 19
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Singaporean (SGX) Chemicals Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
- 7D-0.1%
- 3M0.4%
- 1Y-5.3%
- YTD-10.6%
Over the last 7 days, the Chemicals industry has remained flat. Unfortunately though, the industry is down 5.9% over the past 12 months. As for the next few years, earnings are expected to grow by 47% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | S$3.8b | S$3.0b | S$80.5m | 15.8x | 47.1x | 1.2x |
| Sat, 19 Oct 2024 | S$4.0b | S$3.1b | S$78.7m | 36.6x | 51.1x | 1.3x |
| Mon, 16 Sep 2024 | S$3.9b | S$3.0b | S$78.6m | 35.8x | 49x | 1.3x |
| Wed, 14 Aug 2024 | S$3.5b | S$3.0b | S$75.0m | 43.4x | 46.7x | 1.2x |
| Fri, 12 Jul 2024 | S$3.7b | S$3.1b | S$135.7m | 30x | 27.4x | 1.2x |
| Sun, 09 Jun 2024 | S$3.5b | S$3.1b | S$135.7m | 29.9x | 26.1x | 1.1x |
| Tue, 07 May 2024 | S$3.6b | S$3.1b | S$129.1m | 27.4x | 27.9x | 1.1x |
| Thu, 04 Apr 2024 | S$3.8b | S$3.2b | S$117.3m | 27.1x | 32.1x | 1.2x |
| Sat, 02 Mar 2024 | S$3.8b | S$3.2b | S$131.5m | 28.5x | 28.8x | 1.2x |
| Mon, 29 Jan 2024 | S$1.7b | S$4.8b | S$25.3m | 27.2x | 66.7x | 0.4x |
| Wed, 27 Dec 2023 | S$1.8b | S$4.8b | S$24.9m | 29.7x | 71.9x | 0.4x |
| Fri, 24 Nov 2023 | S$1.8b | S$4.8b | S$25.3m | 28.4x | 70.9x | 0.4x |
| Sun, 22 Oct 2023 | S$1.8b | S$4.9b | S$57.1m | 13.7x | 31.8x | 0.4x |
| Tue, 19 Sep 2023 | S$1.9b | S$4.9b | S$56.9m | 12.2x | 33.1x | 0.4x |
| Thu, 17 Aug 2023 | S$1.9b | S$4.9b | S$83.0m | 13.8x | 22.9x | 0.4x |
| Sat, 15 Jul 2023 | S$2.1b | S$5.1b | S$169.9m | 8.9x | 12.3x | 0.4x |
| Mon, 12 Jun 2023 | S$2.3b | S$5.2b | S$172.2m | 9.2x | 13.3x | 0.4x |
| Wed, 10 May 2023 | S$2.3b | S$5.2b | S$247.3m | 5.5x | 9.4x | 0.4x |
| Fri, 07 Apr 2023 | S$2.4b | S$5.2b | S$249.1m | 5.3x | 9.8x | 0.5x |
| Sun, 05 Mar 2023 | S$2.4b | S$5.3b | S$237.9m | 11.9x | 10.1x | 0.5x |
| Tue, 31 Jan 2023 | S$2.3b | S$5.2b | S$321.8m | 13.1x | 7.3x | 0.4x |
| Thu, 29 Dec 2022 | S$2.3b | S$5.3b | S$320.3m | 12.3x | 7.2x | 0.4x |
| Sat, 26 Nov 2022 | S$2.3b | S$5.4b | S$319.5m | 12.3x | 7.2x | 0.4x |
| Mon, 24 Oct 2022 | S$2.3b | S$5.5b | S$315.1m | 12.7x | 7.2x | 0.4x |
| Wed, 21 Sep 2022 | S$2.6b | S$5.5b | S$320.8m | 13.4x | 8.2x | 0.5x |
| Fri, 19 Aug 2022 | S$2.7b | S$5.4b | S$324.4m | 13.1x | 8.5x | 0.5x |
| Sun, 17 Jul 2022 | S$2.5b | S$5.2b | S$270.4m | 10.2x | 9.2x | 0.5x |
| Tue, 14 Jun 2022 | S$2.8b | S$5.1b | S$270.1m | 10.2x | 10.3x | 0.5x |
| Thu, 12 May 2022 | S$2.9b | S$5.1b | S$258.2m | 18.4x | 11.1x | 0.6x |
| Sat, 09 Apr 2022 | S$2.7b | S$1.7b | S$237.4m | 10.3x | 11.4x | 1.6x |
| Mon, 07 Mar 2022 | S$2.8b | S$1.7b | S$239.8m | 16.4x | 11.8x | 1.7x |
| Wed, 02 Feb 2022 | S$2.8b | S$1.4b | S$205.9m | 16.6x | 13.8x | 2x |
| Fri, 31 Dec 2021 | S$3.5b | S$1.4b | S$205.8m | 16.3x | 17x | 2.4x |
| Sun, 28 Nov 2021 | S$3.7b | S$1.4b | S$207.5m | 15.2x | 17.7x | 2.5x |
Price to Earnings Ratio
17.7x
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 47.1x which is higher than its 3-year average PE of 23.9x.
- The 3-year average PS ratio of 0.87x 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 28% 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 | 0.51% | |
| Materials | -0.46% | |
| Chemicals | -0.10% | |
| Commodity Chemicals | 2.32% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.48% | |
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 52.4%, 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 58.3x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 52% 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 5.7% 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 | |
|---|---|---|---|---|---|
| C8R Jiutian Chemical Group | S$0.028 | 3.7% +S$2.0m | 3.7% | PS1.6x | |
| C05 Chemical Industries (Far East) | S$0.49 | 5.3% +S$1.9m | -8.3% | PE6.2x | |
| BFT Fabchem China | S$0.20 | 15.3% +S$1.2m | -24.6% | PB17.5x | |
| M15 Matex International | S$0.02 | 5.3% +S$361.7k | -41.2% | PS1x | |
| 5AU AP Oil International | S$0.12 | 1.7% +S$329.1k | 3.4% | PE15.8x |