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
Sun, 11 May 2025	R63.2b	R318.1b	-R47,723,875,000.00	9.6x	-1.3x	0.2x
Tue, 08 Apr 2025	R59.6b	R318.1b	-R47,723,875,000.00	9x	-1.2x	0.2x
Thu, 06 Mar 2025	R70.2b	R318.1b	-R47,723,875,000.00	9x	-1.5x	0.2x
Sat, 01 Feb 2025	R75.2b	R335.4b	-R42,238,675,000.00	9.3x	-1.8x	0.2x
Mon, 30 Dec 2024	R74.2b	R335.4b	-R42,238,675,000.00	10.3x	-1.8x	0.2x
Wed, 27 Nov 2024	R81.6b	R335.4b	-R42,238,675,000.00	10.2x	-1.9x	0.2x
Fri, 25 Oct 2024	R88.8b	R334.9b	-R42,240,675,000.00	9.2x	-2.1x	0.3x
Sun, 22 Sep 2024	R97.9b	R334.9b	-R42,240,675,000.00	8.9x	-2.3x	0.3x
Tue, 20 Aug 2024	R109.6b	R335.9b	R5.8b	12.4x	18.8x	0.3x
Thu, 18 Jul 2024	R107.9b	R336.7b	R6.2b	9.5x	17.4x	0.3x
Sat, 15 Jun 2024	R94.2b	R336.7b	R6.2b	8.7x	15.2x	0.3x
Mon, 13 May 2024	R107.1b	R339.3b	R6.2b	8.8x	17.4x	0.3x
Wed, 10 Apr 2024	R128.9b	R339.3b	R6.2b	8.8x	20.9x	0.4x
Fri, 08 Mar 2024	R114.5b	R339.3b	R6.2b	8.8x	18.6x	0.3x
Sun, 04 Feb 2024	R122.8b	R353.8b	R10.9b	10.6x	11.3x	0.3x
Tue, 02 Jan 2024	R140.5b	R353.8b	R10.9b	10.9x	12.9x	0.4x
Thu, 30 Nov 2023	R158.0b	R353.8b	R10.9b	10.5x	14.5x	0.4x
Sat, 28 Oct 2023	R178.0b	R355.5b	R10.9b	10.8x	16.3x	0.5x
Mon, 25 Sep 2023	R178.9b	R355.5b	R10.9b	11.2x	16.3x	0.5x
Wed, 23 Aug 2023	R171.4b	R373.3b	R40.7b	7.6x	4.2x	0.5x
Fri, 21 Jul 2023	R169.6b	R370.4b	R40.7b	8.5x	4.2x	0.5x
Sun, 18 Jun 2023	R188.0b	R367.6b	R40.7b	9x	4.6x	0.5x
Tue, 16 May 2023	R169.1b	R367.6b	R40.7b	8.4x	4.2x	0.5x
Thu, 13 Apr 2023	R179.1b	R367.6b	R40.7b	8.8x	4.4x	0.5x
Sat, 11 Mar 2023	R182.6b	R367.6b	R40.7b	8.7x	4.5x	0.5x
Mon, 06 Feb 2023	R217.9b	R329.9b	R41.4b	7.9x	5.3x	0.7x
Wed, 04 Jan 2023	R193.4b	R329.9b	R41.4b	7.7x	4.7x	0.6x
Fri, 02 Dec 2022	R211.7b	R329.9b	R41.4b	8x	5.1x	0.6x
Sun, 30 Oct 2022	R222.7b	R327.6b	R41.3b	7.6x	5.4x	0.7x
Tue, 27 Sep 2022	R205.3b	R327.6b	R41.3b	7.7x	5x	0.6x
Thu, 25 Aug 2022	R240.0b	R327.6b	R41.3b	7.6x	5.8x	0.7x
Sat, 23 Jul 2022	R240.8b	R278.0b	R11.9b	9.6x	20.3x	0.9x
Mon, 20 Jun 2022	R258.2b	R276.6b	R11.7b	11x	22.1x	0.9x
Wed, 18 May 2022	R274.1b	R276.6b	R11.7b	12.3x	23.4x	1x

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 0.46x.

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 4.8% 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	-0.92%
Materials	1.21%
Chemicals	-1.04%
Commodity Chemicals	0.08%
Diversified Chemicals	-0.95%
Specialty Chemicals	-1.55%

Industry PE

Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 11.9x.

Analysts are expecting annual earnings growth of 34.3%, which is higher than its past year's earnings decline of 74.8% per year.

Forecasted Growth

Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 69% over the next 5 years.
This is better than its past earnings growth rate of 4.5% per year.