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South African (JSE) Chemicals Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies4
- 7D3.3%
- 3M-27.1%
- 1Y-46.8%
- YTD-38.6%
All of the companies in the Chemicals industry have been up over the last week, with the industry up 3.3%. In contrast, the industry has lost 47% in the last 12 months. Looking forward, earnings are forecast to grow by 59% annually.
Industry Valuation and Performance
Has the South African Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | R84.9b | R335.4b | -R42,238,675,000.00 | 10.3x | -2x | 0.3x |
| Wed, 23 Oct 2024 | R90.5b | R334.9b | -R42,240,675,000.00 | 9.4x | -2.1x | 0.3x |
| Fri, 20 Sep 2024 | R102.5b | R334.9b | -R42,240,675,000.00 | 8.9x | -2.4x | 0.3x |
| Sun, 18 Aug 2024 | R109.0b | R335.9b | R5.8b | 14.6x | 18.7x | 0.3x |
| Tue, 16 Jul 2024 | R106.7b | R336.7b | R6.2b | 9.7x | 17.2x | 0.3x |
| Thu, 13 Jun 2024 | R95.8b | R336.7b | R6.2b | 8.6x | 15.4x | 0.3x |
| Sat, 11 May 2024 | R107.1b | R339.3b | R6.2b | 8.8x | 17.4x | 0.3x |
| Mon, 08 Apr 2024 | R117.5b | R339.3b | R6.2b | 8.7x | 19.1x | 0.3x |
| Wed, 06 Mar 2024 | R111.4b | R339.3b | R6.2b | 9.4x | 18.1x | 0.3x |
| Fri, 02 Feb 2024 | R125.4b | R353.8b | R10.9b | 10.8x | 11.5x | 0.4x |
| Sun, 31 Dec 2023 | R140.5b | R353.8b | R10.9b | 10.9x | 12.9x | 0.4x |
| Tue, 28 Nov 2023 | R160.3b | R353.8b | R10.9b | 10.6x | 14.7x | 0.5x |
| Thu, 26 Oct 2023 | R180.0b | R355.5b | R10.9b | 10.8x | 16.4x | 0.5x |
| Sat, 23 Sep 2023 | R178.9b | R355.5b | R10.9b | 11.2x | 16.3x | 0.5x |
| Mon, 21 Aug 2023 | R174.3b | R373.3b | R40.7b | 7.6x | 4.3x | 0.5x |
| Wed, 19 Jul 2023 | R168.9b | R370.4b | R40.7b | 8.5x | 4.2x | 0.5x |
| Fri, 16 Jun 2023 | R188.0b | R367.6b | R40.7b | 9x | 4.6x | 0.5x |
| Sun, 14 May 2023 | R169.5b | R367.6b | R40.7b | 8.3x | 4.2x | 0.5x |
| Tue, 11 Apr 2023 | R177.5b | R367.6b | R40.7b | 9.1x | 4.4x | 0.5x |
| Thu, 09 Mar 2023 | R188.0b | R367.6b | R40.7b | 8.8x | 4.6x | 0.5x |
| Sat, 04 Feb 2023 | R217.9b | R329.9b | R41.4b | 7.9x | 5.3x | 0.7x |
| Mon, 02 Jan 2023 | R192.8b | R329.9b | R41.4b | 7.7x | 4.7x | 0.6x |
| Wed, 30 Nov 2022 | R207.9b | R329.9b | R41.4b | 8.2x | 5x | 0.6x |
| Fri, 28 Oct 2022 | R223.3b | R327.6b | R41.3b | 7.8x | 5.4x | 0.7x |
| Sun, 25 Sep 2022 | R204.9b | R327.6b | R41.3b | 7.7x | 5x | 0.6x |
| Tue, 23 Aug 2022 | R228.8b | R281.7b | R11.9b | 9.1x | 19.2x | 0.8x |
| Thu, 21 Jul 2022 | R241.3b | R278.0b | R11.9b | 9.5x | 20.3x | 0.9x |
| Sat, 18 Jun 2022 | R258.2b | R276.6b | R11.7b | 11x | 22.1x | 0.9x |
| Mon, 16 May 2022 | R273.8b | R276.6b | R11.7b | 12.1x | 23.4x | 1x |
| Wed, 13 Apr 2022 | R254.9b | R276.6b | R11.7b | 11.9x | 21.8x | 0.9x |
| Fri, 11 Mar 2022 | R245.0b | R276.8b | R11.7b | 10x | 20.9x | 0.9x |
| Sun, 06 Feb 2022 | R243.3b | R247.5b | R10.5b | 10.8x | 23.2x | 1x |
| Tue, 04 Jan 2022 | R190.8b | R245.1b | R10.2b | 16.1x | 18.7x | 0.8x |
| Thu, 02 Dec 2021 | R197.1b | R245.1b | R10.2b | 16.1x | 19.3x | 0.8x |
Price to Earnings Ratio
19.3x
Current Industry PE
- Investors are pessimistic on the South African Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 11% 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 Trends
Which industries have driven the changes within the South African Materials industry?
| ZA Market | 2.25% | |
| Materials | 4.58% | |
| Chemicals | 3.35% | |
| Diversified Chemicals | 3.77% | |
| Specialty Chemicals | 0.67% | |
| Commodity Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | 0% | |
| Industrial Gases | 0% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 11.6x.
- Analysts are expecting annual earnings growth of 43.9%, which is higher than its past year's earnings decline of 17.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 61% over the next 5 years.
- This is better than its past earnings growth rate of 4.5% per year.
- In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 44% 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 | |
|---|---|---|---|---|---|
| SOL Sasol | R97.91 | 3.0% +R1.8b | -54.8% | PS0.2x | |
| OMN Omnia Holdings | R74.00 | 8.1% +R878.8m | 21.1% | PE10.3x | |
| AFE AECI | R94.56 | 0.7% +R66.5m | -12.4% | PE12.7x |