Olin (NYSE:OLN) Has A Somewhat Strained Balance Sheet
Apr 22
U.S. Commodity Chemicals Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies41
- 7D-1.4%
- 3M8.0%
- 1Y9.2%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 1.4%, driven by a pullback from Dow of 1.2%. Over the past 12 months, the industry was up 9.2%. Looking forward, earnings are forecast to grow by 25% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | US$115.3b | US$123.9b | US$3.6b | 13.4x | 32.3x | 0.9x |
| Thu, 21 Mar 2024 | US$114.7b | US$123.9b | US$3.5b | 13.2x | 33.1x | 0.9x |
| Sat, 17 Feb 2024 | US$110.8b | US$125.0b | US$4.3b | 12.4x | 25.5x | 0.9x |
| Mon, 15 Jan 2024 | US$107.1b | US$127.9b | US$5.1b | 10.5x | 20.9x | 0.8x |
| Wed, 13 Dec 2023 | US$103.2b | US$128.4b | US$5.2b | 9.8x | 19.8x | 0.8x |
| Fri, 10 Nov 2023 | US$98.7b | US$128.5b | US$5.2b | 8.7x | 19x | 0.8x |
| Sun, 08 Oct 2023 | US$101.3b | US$135.8b | US$6.2b | 9.6x | 16.3x | 0.7x |
| Tue, 05 Sep 2023 | US$112.3b | US$135.8b | US$6.2b | 10.9x | 18.1x | 0.8x |
| Thu, 03 Aug 2023 | US$112.1b | US$146.5b | US$7.4b | 9.7x | 15.1x | 0.8x |
| Sat, 01 Jul 2023 | US$106.4b | US$151.8b | US$9.5b | 7.9x | 11.2x | 0.7x |
| Mon, 29 May 2023 | US$101.1b | US$151.8b | US$9.5b | 7.6x | 10.7x | 0.7x |
| Wed, 26 Apr 2023 | US$110.6b | US$161.3b | US$12.8b | 8.1x | 8.6x | 0.7x |
| Fri, 24 Mar 2023 | US$108.1b | US$161.4b | US$12.7b | 8x | 8.5x | 0.7x |
| Sun, 19 Feb 2023 | US$123.1b | US$161.4b | US$13.2b | 8.8x | 9.3x | 0.8x |
| Tue, 17 Jan 2023 | US$120.0b | US$168.3b | US$15.3b | 8.5x | 7.8x | 0.7x |
| Thu, 15 Dec 2022 | US$108.0b | US$168.3b | US$15.3b | 8.2x | 7.1x | 0.6x |
| Sat, 12 Nov 2022 | US$112.9b | US$170.6b | US$15.6b | 7.9x | 7.2x | 0.7x |
| Mon, 10 Oct 2022 | US$96.3b | US$169.9b | US$18.2b | 5.8x | 5.3x | 0.6x |
| Wed, 07 Sep 2022 | US$104.2b | US$169.9b | US$18.2b | 7.2x | 5.7x | 0.6x |
| Fri, 05 Aug 2022 | US$108.6b | US$168.9b | US$18.3b | 7.2x | 5.9x | 0.6x |
| Sun, 03 Jul 2022 | US$109.7b | US$161.4b | US$18.3b | 6.7x | 6x | 0.7x |
| Tue, 31 May 2022 | US$143.4b | US$161.3b | US$18.3b | 9.4x | 7.8x | 0.9x |
| Thu, 28 Apr 2022 | US$127.2b | US$148.7b | US$16.7b | 8.6x | 7.6x | 0.9x |
| Sat, 26 Mar 2022 | US$126.9b | US$144.8b | US$16.0b | 11x | 7.9x | 0.9x |
| Mon, 21 Feb 2022 | US$118.6b | US$143.0b | US$15.4b | 10.4x | 7.7x | 0.8x |
| Wed, 19 Jan 2022 | US$119.9b | US$132.9b | US$14.8b | 11.6x | 8.1x | 0.9x |
| Fri, 17 Dec 2021 | US$110.3b | US$132.9b | US$14.8b | 10.9x | 7.5x | 0.8x |
| Sun, 14 Nov 2021 | US$121.9b | US$132.9b | US$14.8b | 10.7x | 8.2x | 0.9x |
| Tue, 12 Oct 2021 | US$117.5b | US$118.2b | US$10.2b | 12x | 11.6x | 1x |
| Thu, 09 Sep 2021 | US$113.8b | US$118.6b | US$10.2b | 9.6x | 11.2x | 1x |
| Sat, 07 Aug 2021 | US$117.3b | US$118.8b | US$10.3b | 8.2x | 11.4x | 1x |
| Fri, 30 Apr 2021 | US$125.2b | US$102.8b | US$5.0b | 13.6x | 24.9x | 1.2x |
Price to Earnings Ratio
24.9x
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 32.3x which is higher than its 3-year average PE of 12.9x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Commodity Chemicals compare with similar industries?
| US Market | -3.18% | |
| Materials | -1.38% | |
| Chemicals | -1.12% | |
| Commodity Chemicals | -1.44% | |
| Fertilizers and Agricultural Chemicals | 1.42% | |
| Industrial Gases | -0.19% | |
| Diversified Chemicals | -1.80% | |
| Specialty Chemicals | -2.23% | |
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 | |
|---|---|---|---|---|---|
| LYB LyondellBasell Industries | US$100.59 | 1.5% +US$468.6m | 10.5% | PE15.5x | |
| TROX Tronox Holdings | US$17.14 | 6.6% +US$167.3m | 35.6% | PS0.9x | |
| DOW Dow | US$56.99 | 0.2% +US$91.4m | 8.6% | PE69.3x | |
| OLN Olin | US$53.84 | 0.6% +US$38.3m | -1.1% | PE14x | |
| KRO Kronos Worldwide | US$11.54 | 2.0% +US$26.5m | 30.4% | PS0.8x |
