Turkish (BIST) Chemicals Industry Analysis
UpdatedJul 23, 2024
DataAggregated Company Financials
Companies26
- 7D2.0%
- 3M-2.5%
- 1Y-16.5%
- YTD5.0%
In the last week, the Chemicals industry is up 2.6%, with Sasa Polyester Sanayi up 4.5%. In the same time, Gübre Fabrikalari Türk Anonim Sirketi was down 5.5%. In the past year, the industry is down 16%. Looking forward, earnings are forecast to grow by 2.5% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 23 Jul 2024 | ₺541.9b | ₺197.3b | ₺36.1b | 23.2x | 15x | 2.7x |
| Thu, 20 Jun 2024 | ₺523.8b | ₺198.2b | ₺36.3b | 22.8x | 14.4x | 2.6x |
| Sat, 18 May 2024 | ₺597.6b | ₺202.0b | ₺26.2b | 21.5x | 22.8x | 3x |
| Mon, 15 Apr 2024 | ₺574.6b | ₺191.5b | ₺26.4b | 15.6x | 21.8x | 3x |
| Wed, 13 Mar 2024 | ₺577.8b | ₺160.3b | ₺27.7b | 25.5x | 20.9x | 3.6x |
| Fri, 09 Feb 2024 | ₺578.9b | ₺144.7b | ₺13.9b | 23x | 41.5x | 4x |
| Sun, 07 Jan 2024 | ₺510.0b | ₺147.1b | ₺16.9b | 19.2x | 30.2x | 3.5x |
| Tue, 05 Dec 2023 | ₺695.0b | ₺147.1b | ₺16.9b | 22.3x | 41.2x | 4.7x |
| Thu, 02 Nov 2023 | ₺599.0b | ₺144.8b | ₺15.0b | 18.8x | 40x | 4.1x |
| Sat, 30 Sep 2023 | ₺633.0b | ₺140.4b | ₺12.0b | 21.8x | 53x | 4.5x |
| Mon, 28 Aug 2023 | ₺994.6b | ₺139.7b | ₺11.8b | 19.3x | 84.5x | 7.1x |
| Wed, 26 Jul 2023 | ₺612.8b | ₺142.8b | ₺22.0b | 15.3x | 27.9x | 4.3x |
| Fri, 23 Jun 2023 | ₺8.9t | ₺142.8b | ₺22.0b | 10.9x | 406.9x | 62.6x |
| Sun, 21 May 2023 | ₺457.3b | ₺139.6b | ₺21.6b | 9.8x | 21.2x | 3.3x |
| Tue, 18 Apr 2023 | ₺493.6b | ₺137.0b | ₺24.3b | 11.7x | 20.3x | 3.6x |
| Thu, 16 Mar 2023 | ₺499.4b | ₺130.0b | ₺20.8b | 12x | 24x | 3.8x |
| Sat, 11 Feb 2023 | ₺381.9b | ₺126.1b | ₺19.1b | 11.1x | 20x | 3x |
| Mon, 09 Jan 2023 | ₺508.0b | ₺126.1b | ₺19.0b | 14.9x | 26.7x | 4x |
| Wed, 07 Dec 2022 | ₺525.2b | ₺126.1b | ₺19.0b | 16.2x | 27.6x | 4.2x |
| Fri, 04 Nov 2022 | ₺445.4b | ₺107.1b | ₺16.7b | 15.2x | 26.7x | 4.2x |
| Sun, 02 Oct 2022 | ₺308.7b | ₺105.5b | ₺16.6b | 10.8x | 18.6x | 2.9x |
| Tue, 30 Aug 2022 | ₺256.2b | ₺105.4b | ₺16.6b | 10.8x | 15.5x | 2.4x |
| Thu, 28 Jul 2022 | ₺193.8b | ₺84.8b | ₺12.2b | 14.4x | 15.9x | 2.3x |
| Sat, 25 Jun 2022 | ₺196.9b | ₺84.8b | ₺12.2b | 14.7x | 16.2x | 2.3x |
| Mon, 23 May 2022 | ₺163.7b | ₺84.8b | ₺12.2b | 14.4x | 13.5x | 1.9x |
| Wed, 20 Apr 2022 | ₺163.8b | ₺65.8b | ₺8.1b | 15.1x | 20.3x | 2.5x |
| Fri, 18 Mar 2022 | ₺134.4b | ₺65.8b | ₺8.1b | 13.6x | 16.6x | 2x |
| Sun, 13 Feb 2022 | ₺132.5b | ₺52.6b | ₺7.9b | 17x | 16.7x | 2.5x |
| Tue, 11 Jan 2022 | ₺145.7b | ₺52.5b | ₺7.9b | 17.9x | 18.4x | 2.8x |
| Thu, 09 Dec 2021 | ₺133.6b | ₺52.5b | ₺7.9b | 20.3x | 16.9x | 2.5x |
| Sat, 06 Nov 2021 | ₺96.2b | ₺47.2b | ₺6.3b | 17.2x | 15.2x | 2x |
| Mon, 04 Oct 2021 | ₺85.5b | ₺44.3b | ₺5.3b | 17.7x | 16x | 1.9x |
| Wed, 01 Sep 2021 | ₺87.5b | ₺44.3b | ₺5.3b | 19.9x | 16.4x | 2x |
Price to Earnings Ratio
16.6x
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 15.1x which is lower than its 3-year average PE of 25.7x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 89% per year over the last three years.
- Revenues for these companies have grown 65% 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 | 0.83% | |
| Materials | 2.42% | |
| Chemicals | 1.96% | |
| Commodity Chemicals | 2.62% | |
| Fertilizers and Agricultural Chemicals | 0.73% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Specialty Chemicals | -0.38% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 30.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 2.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 14% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SASA Sasa Polyester Sanayi | ₺45.24 | 2.8% +₺6.6b | -25.5% | PE9.9x | |
| PETKM Petkim Petrokimya Holding Anonim Sirketi | ₺25.00 | 5.8% +₺3.5b | 54.7% | PE5.5x | |
| EGGUB Ege Gübre Sanayii | ₺59.35 | 42.0% +₺1.8b | 62.5% | PE16.3x | |
| HEKTS Hektas Ticaret T.A.S | ₺13.23 | 5.3% +₺1.7b | -56.2% | PS6.9x | |
| TARKM Tarkim Bitki Koruma Sanayi ve Ticaret | ₺558.50 | 15.2% +₺1.5b | n/a | PS13.6x |