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Singaporean (SGX) Chemicals Industry Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
  • 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023S$1.8bS$4.8bS$25.2m28.7x70.9x0.4x
Tue, 31 Oct 2023S$1.8bS$4.9bS$56.9m12.1x32.1x0.4x
Thu, 28 Sep 2023S$1.8bS$4.9bS$57.1m12.1x32.2x0.4x
Sat, 26 Aug 2023S$1.9bS$4.9bS$83.0m13.9x23.2x0.4x
Mon, 24 Jul 2023S$2.1bS$5.1bS$169.4m8.8x12.3x0.4x
Wed, 21 Jun 2023S$2.3bS$5.1bS$171.1m9.2x13.7x0.5x
Fri, 19 May 2023S$2.3bS$5.2bS$186.8m5.3x12.3x0.4x
Sun, 16 Apr 2023S$2.5bS$5.2bS$249.8m5.3x10x0.5x
Tue, 14 Mar 2023S$2.4bS$5.3bS$251.8m5.4x9.5x0.5x
Thu, 09 Feb 2023S$2.3bS$5.2bS$322.7m12.4x7.1x0.4x
Sat, 07 Jan 2023S$2.3bS$5.3bS$323.4m12x7.2x0.4x
Mon, 05 Dec 2022S$2.3bS$5.3bS$320.1m12.3x7.1x0.4x
Wed, 02 Nov 2022S$2.4bS$5.4bS$311.9m13x7.8x0.4x
Fri, 30 Sep 2022S$2.5bS$5.5bS$319.6m13.1x7.7x0.4x
Sun, 28 Aug 2022S$2.8bS$5.4bS$322.8m13.1x8.7x0.5x
Tue, 26 Jul 2022S$2.5bS$5.1bS$268.7m10.2x9.1x0.5x
Thu, 23 Jun 2022S$2.7bS$5.1bS$270.3m10.2x10x0.5x
Sat, 21 May 2022S$2.9bS$5.1bS$257.1m18.2x11.1x0.6x
Mon, 18 Apr 2022S$2.7bS$1.7bS$235.4m10.3x11.5x1.6x
Wed, 16 Mar 2022S$2.6bS$1.7bS$244.1m16.3x10.5x1.5x
Fri, 11 Feb 2022S$3.0bS$1.4bS$204.7m16.9x14.6x2.1x
Sun, 09 Jan 2022S$3.3bS$1.4bS$206.2m16.6x16.1x2.3x
Tue, 07 Dec 2021S$3.6bS$1.4bS$207.8m15.4x17.3x2.5x
Thu, 04 Nov 2021S$3.5bS$1.4bS$212.8m10.7x16.7x2.5x
Sat, 02 Oct 2021S$3.8bS$1.4bS$212.6m11x17.7x2.7x
Mon, 30 Aug 2021S$3.9bS$1.4bS$211.0m12x18.5x2.8x
Tue, 06 Jul 2021S$4.7bS$1.4bS$211.0m13.1x22.2x3.3x
Fri, 09 Apr 2021S$4.4bS$1.3bS$180.1m12.7x24.1x3.4x
Thu, 31 Dec 2020S$3.9bS$1.1bS$138.6m11.8x27.8x3.4x
Price to Earnings Ratio


Total Market Cap: S$3.1bTotal Earnings: S$138.6mTotal Revenue: S$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Chemicals Industry Price to Earnings3Y Average 17.5x202120222023
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%
Specialty Chemicals0.34%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals0%
Industrial Gases0%
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?

CompanyLast Price7D1YValuation
MZH Nanofilm Technologies InternationalS$0.890.6%
BFT Fabchem ChinaS$0.2015.3%
C05 Chemical Industries (Far East)S$0.550.9%
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