Have your own idea? Try our Stock Screener
Turkish (BIST) Chemicals Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies27
- 7D-0.8%
- 3M-17.6%
- 1Y-35.8%
- YTD-20.3%
The Chemicals is pretty flat in the last 7 days, but Politeknik Metal Sanayi ve Ticaret Anonim Sirketi has stood out, gaining 4.1%. As for the longer term, the industry has declined 36% in the last year. As for the next few years, earnings are forecast to decline by 37% per annum.
Industry Valuation and Performance
Has the Turkish Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Nov 2024 | ₺416.4b | ₺175.7b | ₺42.7b | 17.8x | 9.8x | 2.4x |
| Sun, 20 Oct 2024 | ₺421.3b | ₺189.1b | ₺48.8b | 23.1x | 8.6x | 2.2x |
| Tue, 17 Sep 2024 | ₺476.8b | ₺194.5b | ₺47.3b | 24.2x | 10.1x | 2.5x |
| Thu, 15 Aug 2024 | ₺490.3b | ₺197.7b | ₺36.1b | 21.5x | 13.6x | 2.5x |
| Sat, 13 Jul 2024 | ₺531.5b | ₺197.3b | ₺36.1b | 23.9x | 14.7x | 2.7x |
| Mon, 10 Jun 2024 | ₺551.6b | ₺199.0b | ₺36.5b | 23.1x | 15.1x | 2.8x |
| Wed, 08 May 2024 | ₺588.3b | ₺199.3b | ₺25.5b | 23.3x | 23x | 3x |
| Fri, 05 Apr 2024 | ₺519.1b | ₺181.5b | ₺29.2b | 19x | 17.8x | 2.9x |
| Sun, 03 Mar 2024 | ₺607.4b | ₺147.5b | ₺16.7b | 28.6x | 36.3x | 4.1x |
| Tue, 30 Jan 2024 | ₺542.6b | ₺144.7b | ₺13.9b | 20.1x | 38.9x | 3.8x |
| Thu, 28 Dec 2023 | ₺484.5b | ₺147.8b | ₺16.6b | 16.5x | 29.2x | 3.3x |
| Sat, 25 Nov 2023 | ₺637.9b | ₺147.1b | ₺16.9b | 21.8x | 37.8x | 4.3x |
| Mon, 23 Oct 2023 | ₺588.1b | ₺141.1b | ₺12.2b | 20.2x | 48.4x | 4.2x |
| Wed, 20 Sep 2023 | ₺586.5b | ₺140.4b | ₺12.1b | 17.9x | 48.4x | 4.2x |
| Fri, 18 Aug 2023 | ₺1.6t | ₺139.8b | ₺12.3b | 19.6x | 126.6x | 11.1x |
| Sun, 16 Jul 2023 | ₺612.7b | ₺142.8b | ₺22.0b | 13.6x | 27.9x | 4.3x |
| Tue, 13 Jun 2023 | ₺607.6b | ₺139.6b | ₺21.6b | 11.4x | 28.2x | 4.4x |
| Thu, 11 May 2023 | ₺426.6b | ₺139.1b | ₺22.7b | 9.9x | 18.8x | 3.1x |
| Sat, 08 Apr 2023 | ₺459.8b | ₺137.0b | ₺24.3b | 11.6x | 18.9x | 3.4x |
| Mon, 06 Mar 2023 | ₺500.2b | ₺127.7b | ₺20.0b | 11.7x | 24.9x | 3.9x |
| Wed, 01 Feb 2023 | ₺486.3b | ₺126.1b | ₺19.0b | 12.6x | 25.5x | 3.9x |
| Fri, 30 Dec 2022 | ₺537.8b | ₺126.1b | ₺19.0b | 16.5x | 28.2x | 4.3x |
| Sun, 27 Nov 2022 | ₺500.3b | ₺126.1b | ₺19.0b | 15.2x | 26.3x | 4x |
| Tue, 25 Oct 2022 | ₺367.7b | ₺105.8b | ₺16.6b | 12.8x | 22.1x | 3.5x |
| Thu, 22 Sep 2022 | ₺272.7b | ₺105.5b | ₺16.6b | 10.7x | 16.4x | 2.6x |
| Sat, 20 Aug 2022 | ₺244.9b | ₺100.6b | ₺16.7b | 13.2x | 14.7x | 2.4x |
| Mon, 18 Jul 2022 | ₺182.1b | ₺84.8b | ₺12.2b | 14.6x | 15x | 2.1x |
| Wed, 15 Jun 2022 | ₺195.4b | ₺84.8b | ₺12.2b | 14.5x | 16.1x | 2.3x |
| Fri, 13 May 2022 | ₺164.7b | ₺78.6b | ₺11.5b | 16.8x | 14.3x | 2.1x |
| Sun, 10 Apr 2022 | ₺162.3b | ₺65.8b | ₺8.1b | 14.6x | 20.1x | 2.5x |
| Tue, 08 Mar 2022 | ₺126.3b | ₺62.3b | ₺7.9b | 12.4x | 16x | 2x |
| Thu, 03 Feb 2022 | ₺130.0b | ₺52.5b | ₺7.9b | 18.1x | 16.4x | 2.5x |
| Sat, 01 Jan 2022 | ₺134.3b | ₺52.5b | ₺7.9b | 17.8x | 17x | 2.6x |
| Mon, 29 Nov 2021 | ₺114.9b | ₺52.5b | ₺7.9b | 17.9x | 14.5x | 2.2x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are pessimistic on the Turkish Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.8x which is lower than its 3-year average PE of 25.1x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 75% per year over the last three years.
- Revenues for these companies have grown 50% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Materials industry?
| TR Market | -1.68% | |
| Materials | -0.80% | |
| Chemicals | -0.77% | |
| Specialty Chemicals | 3.79% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Fertilizers and Agricultural Chemicals | -1.21% | |
| Commodity Chemicals | -1.22% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 32.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Commodity Chemicals industry since they expect its earnings to decline by only 37% per year over the next 5 years, which isn't as bad as the other industries.
- This is even lower than its past earnings decline of 11% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings decline by 37% 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 | |
|---|---|---|---|---|---|
| SASA Sasa Polyester Sanayi | ₺3.91 | 1.8% +₺3.0b | -28.0% | PE6.3x | |
| GUBRF Gübre Fabrikalari Türk Anonim Sirketi | ₺216.00 | 1.9% +₺1.3b | -41.9% | PE80.4x | |
| POLTK Politeknik Metal Sanayi ve Ticaret Anonim Sirketi | ₺6.45k | 4.8% +₺1.1b | -57.8% | PS58x | |
| DYOBY DYO Boya Fabrikalari Sanayi ve Ticaret | ₺22.20 | 13.6% +₺795.0m | 93.0% | PE13.1x | |
| MRSHL Marshall Boya Ve Vernik Sanayii | ₺1.62k | 3.8% +₺659.6m | -12.9% | PS6.1x |