Narrative Update • Jun 04
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- 7D-4.9%
- 3M6.1%
- 1Y35.8%
- YTD7.9%
Over the last 7 days, the Chemicals industry has dropped 4.9%, driven by a pullback from Nanofilm Technologies International of 14%. Meanwhile, AsiaPhos actually outperformed within the industry, gaining 13% in the last week. Over the past 12 months, the industry was up 36%. Earnings are forecast to grow by 7.9% 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 |
|---|---|---|---|---|---|---|
| Tue, 09 Jun 2026 | S$4.7b | S$3.4b | S$140.8m | 13.4x | 33.3x | 1.4x |
| Thu, 07 May 2026 | S$5.0b | S$3.4b | S$118.6m | 13.9x | 42.4x | 1.5x |
| Sat, 04 Apr 2026 | S$4.3b | S$3.3b | S$132.3m | 14.6x | 32.7x | 1.3x |
| Mon, 02 Mar 2026 | S$4.7b | S$3.3b | S$144.6m | 14.8x | 32.2x | 1.4x |
| Wed, 28 Jan 2026 | S$4.4b | S$3.4b | S$205.0m | 11x | 21.6x | 1.3x |
| Fri, 26 Dec 2025 | S$4.3b | S$3.4b | S$205.3m | 11.1x | 20.7x | 1.3x |
| Sun, 23 Nov 2025 | S$4.2b | S$3.4b | S$205.6m | 11.2x | 20.2x | 1.2x |
| Tue, 21 Oct 2025 | S$4.1b | S$3.4b | S$197.9m | 15x | 20.5x | 1.2x |
| Thu, 18 Sep 2025 | S$4.3b | S$3.4b | S$194.6m | 15.3x | 22x | 1.3x |
| Sat, 16 Aug 2025 | S$3.9b | S$3.4b | S$194.2m | 14.5x | 20x | 1.1x |
| Mon, 14 Jul 2025 | S$3.7b | S$3.3b | S$90.5m | 26.3x | 41x | 1.1x |
| Wed, 11 Jun 2025 | S$3.5b | S$3.3b | S$118.2m | 10.9x | 29.2x | 1.1x |
| Fri, 09 May 2025 | S$3.4b | S$3.3b | S$118.2m | 10.2x | 28.5x | 1x |
| Sun, 06 Apr 2025 | S$3.6b | S$3.3b | S$119.8m | 10.3x | 30.1x | 1.1x |
| Tue, 04 Mar 2025 | S$3.7b | S$3.3b | S$86.7m | 10.7x | 42.2x | 1.1x |
| Thu, 30 Jan 2025 | S$3.8b | S$3.0b | S$80.6m | 15.8x | 47.1x | 1.2x |
| Sat, 28 Dec 2024 | S$3.8b | S$3.0b | S$80.6m | 15.7x | 47.1x | 1.2x |
| Mon, 25 Nov 2024 | S$3.8b | S$3.0b | S$80.6m | 15.8x | 46.8x | 1.2x |
| Wed, 23 Oct 2024 | S$4.0b | S$3.1b | S$78.7m | 36.6x | 50.8x | 1.3x |
| Fri, 20 Sep 2024 | S$3.9b | S$3.0b | S$78.5m | 36.4x | 50.1x | 1.3x |
| Sun, 18 Aug 2024 | S$3.5b | S$3.0b | S$77.9m | 44.4x | 45.2x | 1.2x |
| Tue, 16 Jul 2024 | S$3.8b | S$3.1b | S$135.6m | 30.2x | 28.1x | 1.2x |
| Thu, 13 Jun 2024 | S$3.6b | S$3.1b | S$135.7m | 29.4x | 26.2x | 1.1x |
| Sat, 11 May 2024 | S$3.6b | S$3.1b | S$129.1m | 28.4x | 27.6x | 1.1x |
| Mon, 08 Apr 2024 | S$3.8b | S$3.2b | S$117.3m | 27.6x | 32.2x | 1.2x |
| Wed, 06 Mar 2024 | S$3.7b | S$3.2b | S$101.1m | 28.5x | 37.1x | 1.2x |
| Fri, 02 Feb 2024 | S$1.7b | S$4.8b | S$25.2m | 26.1x | 66.5x | 0.4x |
| Sun, 31 Dec 2023 | S$1.8b | S$4.8b | S$25.0m | 29.2x | 72.6x | 0.4x |
| Tue, 28 Nov 2023 | S$1.8b | S$4.8b | S$25.2m | 28.4x | 71.8x | 0.4x |
| Thu, 26 Oct 2023 | S$1.8b | S$4.9b | S$57.0m | 13.7x | 32.1x | 0.4x |
| Sat, 23 Sep 2023 | S$1.9b | S$4.9b | S$56.9m | 12.3x | 32.6x | 0.4x |
| Mon, 21 Aug 2023 | S$1.9b | S$4.9b | S$83.1m | 13.8x | 22.6x | 0.4x |
| Wed, 19 Jul 2023 | S$2.1b | S$5.1b | S$168.6m | 8.8x | 12.5x | 0.4x |
| Fri, 16 Jun 2023 | S$2.4b | S$5.1b | S$171.3m | 9.2x | 13.8x | 0.5x |
Price to Earnings Ratio
13.8x
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 6.3% 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 | -2.33% | |
| Materials | -5.01% | |
| Chemicals | -4.88% | |
| Commodity Chemicals | -3.30% | |
| Specialty Chemicals | -5.16% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 39.9x.
- Analysts are expecting annual earnings growth of 8.6%, 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 8.6% 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 | |
|---|---|---|---|---|---|
| No data available | |||||