South African (JSE) Chemicals Industry Analysis

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
Fri, 03 Jan 2025	R78.3b	R335.4b	-R42,238,675,000.00	10.6x	-1.9x	0.2x
Sun, 01 Dec 2024	R78.0b	R335.4b	-R42,238,675,000.00	10.1x	-1.8x	0.2x
Tue, 29 Oct 2024	R85.7b	R334.9b	-R42,240,675,000.00	9.3x	-2x	0.3x
Thu, 26 Sep 2024	R100.1b	R334.9b	-R42,240,675,000.00	9x	-2.4x	0.3x
Sat, 24 Aug 2024	R116.6b	R334.8b	-R42,262,702,000.00	10.6x	-2.8x	0.3x
Mon, 22 Jul 2024	R109.5b	R336.7b	R6.2b	9.5x	17.7x	0.3x
Wed, 19 Jun 2024	R102.8b	R336.7b	R6.2b	9x	16.6x	0.3x
Fri, 17 May 2024	R104.0b	R339.3b	R6.2b	8.8x	16.9x	0.3x
Sun, 14 Apr 2024	R129.4b	R339.3b	R6.2b	8.6x	21x	0.4x
Tue, 12 Mar 2024	R108.2b	R339.3b	R6.2b	8.8x	17.6x	0.3x
Thu, 08 Feb 2024	R119.8b	R353.8b	R10.9b	10.2x	11x	0.3x
Sat, 06 Jan 2024	R140.4b	R353.8b	R10.9b	11x	12.9x	0.4x
Mon, 04 Dec 2023	R151.9b	R353.8b	R10.9b	10.5x	13.9x	0.4x
Wed, 01 Nov 2023	R171.7b	R355.5b	R10.9b	11.3x	15.7x	0.5x
Fri, 29 Sep 2023	R187.5b	R355.5b	R10.9b	10.8x	17.1x	0.5x
Sun, 27 Aug 2023	R173.4b	R355.5b	R11.0b	9.7x	15.8x	0.5x
Tue, 25 Jul 2023	R172.8b	R370.4b	R40.7b	8.5x	4.2x	0.5x
Thu, 22 Jun 2023	R177.7b	R370.4b	R40.7b	8.3x	4.4x	0.5x
Sat, 20 May 2023	R168.1b	R367.6b	R40.7b	8.4x	4.1x	0.5x
Mon, 17 Apr 2023	R176.5b	R367.6b	R40.7b	8.6x	4.3x	0.5x
Wed, 15 Mar 2023	R174.5b	R367.6b	R40.7b	8.3x	4.3x	0.5x
Fri, 10 Feb 2023	R209.1b	R329.9b	R41.4b	8.2x	5.1x	0.6x
Sun, 08 Jan 2023	R193.2b	R329.9b	R41.4b	7.6x	4.7x	0.6x
Tue, 06 Dec 2022	R202.0b	R329.9b	R41.4b	7.9x	4.9x	0.6x
Thu, 03 Nov 2022	R204.4b	R327.6b	R41.3b	7.9x	4.9x	0.6x
Sat, 01 Oct 2022	R200.8b	R327.6b	R41.3b	8.1x	4.9x	0.6x
Mon, 29 Aug 2022	R239.0b	R327.6b	R41.3b	7.7x	5.8x	0.7x
Wed, 27 Jul 2022	R241.9b	R278.0b	R11.9b	9.8x	20.4x	0.9x
Fri, 24 Jun 2022	R253.2b	R278.0b	R11.9b	9.9x	21.3x	0.9x
Sun, 22 May 2022	R272.8b	R276.6b	R11.7b	12.2x	23.3x	1x
Tue, 19 Apr 2022	R256.7b	R276.6b	R11.7b	11.8x	21.9x	0.9x
Thu, 17 Mar 2022	R234.5b	R276.8b	R11.7b	10.3x	20x	0.8x
Sat, 12 Feb 2022	R228.4b	R247.4b	R10.5b	10.9x	21.8x	0.9x
Mon, 10 Jan 2022	R187.7b	R247.5b	R10.5b	11.3x	17.9x	0.8x

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 0.54x.

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	-0.78%
Materials	1.31%
Chemicals	5.14%
Diversified Chemicals	6.06%
Commodity Chemicals	2.79%
Fertilizers and Agricultural Chemicals	0%
Industrial Gases	0%
Specialty Chemicals	-0.96%

Industry PE

Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 11.0x.

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.

Company	Last Price	7D	1Y	Valuation
SOL Sasol	R86.11	4.2% +R2.2b	-53.5%	PS0.2x
OMN Omnia Holdings	R75.40	2.2% +R259.7m	14.9%	PE10.5x
AFE AECI	R87.50	1.1% +R97.1m	-19.3%	PE11.7x
BCF Bowler Metcalf	R13.62	2.8% +R25.4m	33.7%	PE8.7x

Company

Last Price

Valuation

SOL Sasol

R86.11

4.2%
+R2.2b

-53.5%

PS0.2x

OMN Omnia Holdings

R75.40

2.2%
+R259.7m

14.9%