Narrative Update • Jun 04
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- 7D-4.6%
- 3M10.3%
- 1Y36.2%
- YTD8.2%
Over the last 7 days, the Chemicals industry has dropped 4.6%, driven by a pullback from Nanofilm Technologies International of 14%. In contrast, AsiaPhos has gained 13%. Over the past 12 months, the industry was up 36%. Earnings are forecast to grow by 8.1% 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 |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | S$4.7b | S$3.4b | S$140.8m | 13.5x | 33.4x | 1.4x |
| Wed, 06 May 2026 | S$5.1b | S$3.4b | S$118.7m | 14.3x | 42.7x | 1.5x |
| Fri, 03 Apr 2026 | S$4.3b | S$3.3b | S$132.2m | 14.6x | 32.7x | 1.3x |
| Sun, 01 Mar 2026 | S$4.7b | S$3.3b | S$144.6m | 14.8x | 32.2x | 1.4x |
| Tue, 27 Jan 2026 | S$4.4b | S$3.4b | S$205.1m | 11.2x | 21.5x | 1.3x |
| Thu, 25 Dec 2025 | S$4.3b | S$3.4b | S$205.3m | 11.1x | 20.7x | 1.3x |
| Sat, 22 Nov 2025 | S$4.2b | S$3.4b | S$205.7m | 11.2x | 20.2x | 1.2x |
| Mon, 20 Oct 2025 | S$4.1b | S$3.4b | S$197.9m | 15x | 20.5x | 1.2x |
| Wed, 17 Sep 2025 | S$4.3b | S$3.4b | S$194.5m | 15.3x | 22x | 1.3x |
| Fri, 15 Aug 2025 | S$3.8b | S$3.4b | S$194.2m | 14.3x | 19.8x | 1.1x |
| Sun, 13 Jul 2025 | S$3.7b | S$3.3b | S$90.5m | 26.3x | 41x | 1.1x |
| Tue, 10 Jun 2025 | S$3.5b | S$3.3b | S$118.2m | 11.9x | 29.3x | 1.1x |
| Thu, 08 May 2025 | S$3.4b | S$3.3b | S$118.1m | 10.6x | 28.6x | 1x |
| Sat, 05 Apr 2025 | S$3.6b | S$3.3b | S$119.5m | 10.3x | 30.1x | 1.1x |
| Mon, 03 Mar 2025 | S$3.7b | S$3.3b | S$88.1m | 10.7x | 42.2x | 1.1x |
| Wed, 29 Jan 2025 | S$3.8b | S$3.0b | S$80.6m | 15.8x | 47x | 1.2x |
| Fri, 27 Dec 2024 | S$3.8b | S$3.0b | S$80.6m | 15.7x | 47.2x | 1.3x |
| Sun, 24 Nov 2024 | S$3.8b | S$3.0b | S$80.6m | 15.8x | 46.8x | 1.2x |
| Tue, 22 Oct 2024 | S$4.0b | S$3.1b | S$78.7m | 36.6x | 51.1x | 1.3x |
| Thu, 19 Sep 2024 | S$3.9b | S$3.0b | S$78.5m | 36.1x | 49.4x | 1.3x |
| Sat, 17 Aug 2024 | S$3.5b | S$3.0b | S$77.9m | 44.4x | 45.1x | 1.2x |
| Mon, 15 Jul 2024 | S$3.8b | S$3.1b | S$135.6m | 30.1x | 27.7x | 1.2x |
| Wed, 12 Jun 2024 | S$3.6b | S$3.1b | S$135.7m | 29.5x | 26.4x | 1.1x |
| Fri, 10 May 2024 | S$3.5b | S$3.1b | S$129.2m | 28.4x | 27.3x | 1.1x |
| Sun, 07 Apr 2024 | S$3.8b | S$3.2b | S$117.3m | 27.6x | 32.2x | 1.2x |
| Tue, 05 Mar 2024 | S$3.8b | S$3.2b | S$101.1m | 28.5x | 37.3x | 1.2x |
| Thu, 01 Feb 2024 | S$1.7b | S$4.8b | S$25.5m | 25.9x | 65.4x | 0.3x |
| Sat, 30 Dec 2023 | S$1.8b | S$4.8b | S$25.0m | 29.2x | 72.6x | 0.4x |
| Mon, 27 Nov 2023 | S$1.8b | S$4.8b | S$25.3m | 28.4x | 71.3x | 0.4x |
| Wed, 25 Oct 2023 | S$1.8b | S$4.9b | S$57.0m | 13.7x | 32x | 0.4x |
| Fri, 22 Sep 2023 | S$1.8b | S$4.9b | S$57.0m | 12.3x | 32.4x | 0.4x |
| Sun, 20 Aug 2023 | S$1.9b | S$4.9b | S$83.1m | 13.8x | 22.6x | 0.4x |
| Tue, 18 Jul 2023 | S$2.1b | S$5.1b | S$168.8m | 8.9x | 12.3x | 0.4x |
| Thu, 15 Jun 2023 | S$2.3b | S$5.1b | S$171.5m | 9.2x | 13.6x | 0.5x |
Price to Earnings Ratio
13.6x
Current Industry PE
- Investors are relatively neutral on the Singaporean Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 35.4x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 6.4% per year over the last three years,
- Revenues have also declined 13% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Singaporean Materials industry?
| SG Market | -0.66% | |
| Materials | -4.06% | |
| Chemicals | -4.63% | |
| Commodity Chemicals | -1.74% | |
| Specialty Chemicals | -5.14% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 39.8x.
- Analysts are expecting annual earnings growth of 8.9%, which is lower than the prior year's growth of 51.8% per year.
- Investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 65.1x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 8.9% over the next 5 years.
- However this is lower than its past earnings growth rate of 52% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 2.8% 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 | |
|---|---|---|---|---|---|
| 5WV AsiaPhos | S$0.009 | 12.5% +S$1.5m | 125.0% | PS2.5x |