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South African (JSE) Chemicals Industry Analysis

UpdatedJun 02, 2024
DataAggregated Company Financials
Companies4
  • 7D-4.7%
  • 3M-13.1%
  • 1Y-42.9%
  • YTD-28.7%

Over the last 7 days, the Chemicals industry has dropped 4.7%, driven by a pullback from Sasol of 5.6%. However, the industry is down 43% over the past year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

Has the South African Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Jun 2024R98.8bR339.3bR6.2b8.7x16.1x0.3x
Tue, 30 Apr 2024R104.1bR339.3bR6.2b8.6x16.9x0.3x
Thu, 28 Mar 2024R109.3bR339.3bR6.2b8.8x17.8x0.3x
Sat, 24 Feb 2024R113.8bR353.8bR10.9b10x10.4x0.3x
Mon, 22 Jan 2024R124.5bR353.8bR10.9b10.6x11.4x0.4x
Wed, 20 Dec 2023R136.3bR353.8bR10.9b10.5x12.5x0.4x
Fri, 17 Nov 2023R169.3bR355.5bR10.9b10.7x15.5x0.5x
Sun, 15 Oct 2023R190.8bR355.5bR10.9b10.7x17.4x0.5x
Tue, 12 Sep 2023R176.6bR355.5bR10.9b10.5x16.1x0.5x
Thu, 10 Aug 2023R180.8bR373.3bR40.7b7.8x4.4x0.5x
Sat, 08 Jul 2023R171.2bR370.4bR40.7b8.8x4.2x0.5x
Mon, 05 Jun 2023R174.3bR367.6bR40.7b8.7x4.3x0.5x
Wed, 03 May 2023R165.5bR367.6bR40.7b8.4x4.1x0.5x
Fri, 31 Mar 2023R177.4bR367.6bR40.7b8.7x4.4x0.5x
Sun, 26 Feb 2023R190.7bR361.7bR41.0b8.3x4.7x0.5x
Tue, 24 Jan 2023R214.0bR329.9bR41.4b7.6x5.2x0.6x
Thu, 22 Dec 2022R196.4bR329.9bR41.4b7.7x4.7x0.6x
Sat, 19 Nov 2022R210.5bR327.6bR41.3b8.5x5.1x0.6x
Mon, 17 Oct 2022R214.5bR327.6bR41.3b7.6x5.2x0.7x
Wed, 14 Sep 2022R226.1bR327.6bR41.3b8.1x5.5x0.7x
Fri, 12 Aug 2022R244.3bR281.7bR11.9b8.9x20.5x0.9x
Sun, 10 Jul 2022R258.7bR278.0bR11.9b9.8x21.8x0.9x
Tue, 07 Jun 2022R295.5bR276.6bR11.7b11.9x25.3x1.1x
Thu, 05 May 2022R270.7bR276.6bR11.7b11.7x23.1x1x
Sat, 02 Apr 2022R251.3bR276.6bR11.7b11.8x21.5x0.9x
Mon, 28 Feb 2022R234.5bR275.4bR11.0b11.4x21.4x0.9x
Wed, 26 Jan 2022R214.0bR247.5bR10.5b10.5x20.4x0.9x
Fri, 24 Dec 2021R182.3bR245.1bR10.2b15.8x17.8x0.7x
Sun, 21 Nov 2021R178.3bR245.1bR10.2b15.2x17.4x0.7x
Tue, 19 Oct 2021R199.1bR245.1bR10.2b16.6x19.5x0.8x
Thu, 16 Sep 2021R170.2bR245.1bR10.2b14.2x16.7x0.7x
Sat, 14 Aug 2021R157.1bR245.1bR10.2b13.1x15.4x0.6x
Wed, 09 Jun 2021R160.8bR235.5b-R35,105,905,000.0010.2x-4.6x0.7x
Price to Earnings Ratio

-4.6x


Total Market Cap: R160.8bTotal Earnings: -R35,105,905,000.00Total Revenue: R235.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Chemicals Industry Price to Earnings3Y Average 13.4x202220232024
Current Industry PE
  • Investors are optimistic on the South African Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.1x which is higher than its 3-year average PE of 13.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the South African Materials industry?

ZA Market-4.28%
Materials-5.62%
Chemicals-4.65%
Commodity Chemicals0%
Fertilizers and Agricultural Chemicals0%
Industrial Gases0%
Specialty Chemicals-1.74%
Diversified Chemicals-5.01%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 13.8x.
    • Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 45.6% per year.
  • Investors are most pessimistic about the Specialty Chemicals industry, which is trading below its 3-year average of 13.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
OMN Omnia HoldingsR56.120.7%
+R64.5m		-7.5%PE8.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

AFE

R95.71

AECI

7D

-1.7%

1Y

12.8%

SOL

R124.10

Sasol

7D

-5.6%

1Y

-48.6%

Sasol (JSE:SOL) Shareholders Will Want The ROCE Trajectory To Continue

May 29
Sasol (JSE:SOL) Shareholders Will Want The ROCE Trajectory To Continue

OMN

R56.12

Omnia Holdings

7D

0.7%

1Y

-7.5%