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Thai (SET) Chemicals Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies33
  • 7D2.6%
  • 3M-2.9%
  • 1Y9.6%
  • YTD5.2%

Over the last 7 days, the Chemicals industry has remained flat, although notably Global Chemical gained 4.0%. The past year has been better, since the industry has gained 9.9% in that time.

Industry Valuation and Performance

Has the Thai Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 09 Dec 2021฿735.0b฿1.0t฿92.0b16.1x
Sat, 06 Nov 2021฿760.9b฿906.5b฿76.0b14.4x
Mon, 04 Oct 2021฿786.0b฿905.8b฿76.0b14.2x
Wed, 01 Sep 2021฿770.2b฿905.8b฿76.0b13.5x
Thu, 08 Jul 2021฿736.0b฿905.8b฿76.0b13.8x
Wed, 31 Mar 2021฿756.1b฿811.9b฿37.8b15x
Sat, 02 Jan 2021฿672.0b฿791.1b฿12.6b16.3x
Tue, 06 Oct 2020฿476.5b฿778.2b฿3.7b9.6x
Fri, 10 Jul 2020฿539.3b฿810.3b฿5.3b9.7x
Thu, 02 Apr 2020฿404.2b฿873.0b฿9.5b11.3x
Sun, 05 Jan 2020฿646.8b฿897.4b฿25.7b18.2x
Wed, 09 Oct 2019฿629.7b฿956.9b฿34.0b15.8x
Tue, 02 Jul 2019฿753.6b฿1.0t฿53.6b15.4x
Fri, 05 Apr 2019฿779.0b฿1.0t฿68.8b13.5x
Mon, 07 Jan 2019฿818.8b฿1.0t฿77.7b12.9x
PE Ratio

12.9x

Total Market Cap: ฿818.8bTotal Earnings: ฿77.7bTotal Revenue: ฿1.0t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.8x. However, future earnings are expected to decline by 6.5% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 5.8% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Thai Chemicals industry?

Specialty Chemicals2.83%
Commodity Chemicals2.60%
Fertilizers and Agricultural Chemicals1.64%

Industry PE: Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 13.0x. However analysts are expecting annual earnings decline of 6.9%, which is lower than the prior year's growth of 17% per year. So the market might believe that analysts are underestimating future growth or they expect the Commodity Chemicals industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 18.3x.

Forecasted Growth: Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 13% over the next 5 years. However this is lower than its past earnings growth rate of 42% per year. Meanwhile, the Commodity Chemicals industry is expected to see its earnings decline by 6.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
PTTGC Global Chemical2.2%+฿5.6b-2.1%PE5.5x
IVL Indorama Ventures0.6%+฿1.4b13.5%PE10.4x
TCCC Thai Central Chemical3.9%+฿730.9m18.9%PE12.5x
BCT Birla Carbon (Thailand)4.3%+฿600.0m15.5%PE4.2x
VNT Vinythai1.3%+฿592.6m40.0%PE7.6x
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Latest News

TR

฿47.00

Thai Rayon

7D

-1.1%

1Y

66.4%

CMAN

฿2.00

Chememan

7D

-6.5%

1Y

55.0%

ADB

฿2.04

Applied DB

7D

-1.0%

1Y

117.9%

NFC

฿3.66

NFC

7D

-2.1%

1Y

18.1%