Origin Materials, Inc.'s (NASDAQ:ORGN) 27% Cheaper Price Remains In Tune With Revenues
Nov 20
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U.S. Commodity Chemicals Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies36
- 7D-2.3%
- 3M-12.2%
- 1Y-7.0%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 2.3%, driven by Dow declining 3.0%. In contrast, Tronox Holdings has gained 6.1%. The industry has fallen 7.0% in the last year. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the U.S. Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$97.7b | US$121.7b | US$3.7b | 15.5x | 26.2x | 0.8x |
| Sat, 19 Oct 2024 | US$109.9b | US$121.6b | US$4.0b | 14x | 27.2x | 0.9x |
| Mon, 16 Sep 2024 | US$106.1b | US$121.6b | US$4.1b | 13.9x | 25.7x | 0.9x |
| Wed, 14 Aug 2024 | US$107.4b | US$121.6b | US$4.1b | 15.6x | 25.9x | 0.9x |
| Fri, 12 Jul 2024 | US$107.1b | US$121.8b | US$3.7b | 14.9x | 29.2x | 0.9x |
| Sun, 09 Jun 2024 | US$114.0b | US$121.8b | US$3.7b | 15.2x | 31.1x | 0.9x |
| Tue, 07 May 2024 | US$116.4b | US$121.8b | US$3.7b | 15x | 31.2x | 1x |
| Thu, 04 Apr 2024 | US$121.2b | US$123.9b | US$3.6b | 13.5x | 34x | 1x |
| Sat, 02 Mar 2024 | US$112.3b | US$123.8b | US$3.5b | 12.9x | 32.4x | 0.9x |
| Mon, 29 Jan 2024 | US$109.5b | US$126.3b | US$4.3b | 11.8x | 25.6x | 0.9x |
| Wed, 27 Dec 2023 | US$111.7b | US$128.4b | US$5.2b | 11.1x | 21.4x | 0.9x |
| Fri, 24 Nov 2023 | US$105.3b | US$128.5b | US$5.2b | 9.6x | 20.1x | 0.8x |
| Sun, 22 Oct 2023 | US$99.3b | US$135.8b | US$6.2b | 9.1x | 16x | 0.7x |
| Tue, 19 Sep 2023 | US$108.5b | US$135.8b | US$6.2b | 10.5x | 17.5x | 0.8x |
| Thu, 17 Aug 2023 | US$108.7b | US$135.8b | US$6.2b | 9.6x | 17.5x | 0.8x |
| Sat, 15 Jul 2023 | US$107.8b | US$151.8b | US$9.5b | 8.6x | 11.4x | 0.7x |
| Mon, 12 Jun 2023 | US$103.6b | US$151.8b | US$9.5b | 8x | 10.9x | 0.7x |
| Wed, 10 May 2023 | US$106.0b | US$151.6b | US$9.5b | 7.8x | 11.2x | 0.7x |
| Fri, 07 Apr 2023 | US$115.2b | US$161.4b | US$12.7b | 8x | 9.1x | 0.7x |
| Sun, 05 Mar 2023 | US$123.2b | US$161.5b | US$12.8b | 8.4x | 9.6x | 0.8x |
| Tue, 31 Jan 2023 | US$121.6b | US$165.4b | US$14.1b | 8.9x | 8.6x | 0.7x |
| Thu, 29 Dec 2022 | US$104.6b | US$168.3b | US$15.3b | 7.6x | 6.8x | 0.6x |
| Sat, 26 Nov 2022 | US$109.8b | US$168.3b | US$15.3b | 8x | 7.2x | 0.7x |
| Mon, 24 Oct 2022 | US$101.0b | US$169.1b | US$17.3b | 7.6x | 5.8x | 0.6x |
| Wed, 21 Sep 2022 | US$98.9b | US$169.9b | US$18.2b | 7.1x | 5.4x | 0.6x |
| Fri, 19 Aug 2022 | US$118.2b | US$169.8b | US$18.2b | 8.7x | 6.5x | 0.7x |
| Sun, 17 Jul 2022 | US$106.5b | US$161.4b | US$18.3b | 7x | 5.8x | 0.7x |
| Tue, 14 Jun 2022 | US$123.4b | US$161.3b | US$18.3b | 7.5x | 6.7x | 0.8x |
| Thu, 12 May 2022 | US$133.5b | US$161.3b | US$18.3b | 7.3x | 7.3x | 0.8x |
| Sat, 09 Apr 2022 | US$121.0b | US$145.3b | US$16.1b | 9.9x | 7.5x | 0.8x |
| Mon, 07 Mar 2022 | US$115.6b | US$144.6b | US$16.0b | 9.6x | 7.2x | 0.8x |
| Wed, 02 Feb 2022 | US$118.9b | US$137.6b | US$15.5b | 11.5x | 7.7x | 0.9x |
| Fri, 31 Dec 2021 | US$114.3b | US$132.9b | US$14.8b | 11.2x | 7.7x | 0.9x |
| Sun, 28 Nov 2021 | US$115.1b | US$132.9b | US$14.8b | 11.2x | 7.8x | 0.9x |
Price to Earnings Ratio
7.8x
Current Industry PE
- Investors are optimistic on the American Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 26.2x which is higher than its 3-year average PE of 15.5x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 37% per year over the last three years,
- Revenues have also declined 2.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.S. Commodity Chemicals compare with similar industries?
| US Market | -1.19% | |
| Materials | -0.58% | |
| Chemicals | -0.96% | |
| Commodity Chemicals | -2.27% | |
| Fertilizers and Agricultural Chemicals | 1.63% | |
| Industrial Gases | -0.62% | |
| Specialty Chemicals | -1.37% | |
| Diversified Chemicals | -1.65% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TROX Tronox Holdings | US$11.58 | 6.1% +US$105.8m | -8.1% | PE43.5x | |
| PCT PureCycle Technologies | US$11.67 | -1.0% US$79.8m | 200.4% | PB8.4x | |
| OEC Orion | US$17.94 | 4.3% +US$42.7m | -22.9% | PE32.5x | |
| HWKN Hawkins | US$126.30 | 0.9% +US$23.6m | 103.1% | PE32.3x | |
| MATV Mativ Holdings | US$12.49 | 1.5% +US$10.3m | -1.7% | PS0.3x |
