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Malaysian (KLSE) Chemicals Industry Analysis
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies24
- 7D-2.2%
- 3M-0.4%
- 1Y3.9%
- YTD-3.9%
Over the last 7 days, the Chemicals industry has dropped 2.2%, driven by PETRONAS Chemicals Group Berhad declining 3.2%. This takes the industry's 12 month performance to a gain of 3.9%. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Malaysian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | RM79.2b | RM69.8b | RM2.2b | 20x | 35.9x | 1.1x |
| Mon, 29 Apr 2024 | RM79.4b | RM70.3b | RM2.0b | 21.1x | 38.8x | 1.1x |
| Wed, 27 Mar 2024 | RM78.7b | RM70.1b | RM2.0b | 18.5x | 39.2x | 1.1x |
| Fri, 23 Feb 2024 | RM81.4b | RM71.5b | RM2.3b | 22.3x | 35x | 1.1x |
| Sun, 21 Jan 2024 | RM79.4b | RM72.8b | RM2.3b | 22x | 34.9x | 1.1x |
| Tue, 19 Dec 2023 | RM81.8b | RM72.8b | RM2.3b | 23.4x | 36.1x | 1.1x |
| Thu, 16 Nov 2023 | RM83.1b | RM74.2b | RM3.9b | 17.2x | 21.3x | 1.1x |
| Sat, 14 Oct 2023 | RM83.3b | RM74.7b | RM3.6b | 17.3x | 23.1x | 1.1x |
| Mon, 11 Sep 2023 | RM81.5b | RM74.7b | RM3.6b | 17x | 22.6x | 1.1x |
| Wed, 09 Aug 2023 | RM78.9b | RM76.3b | RM5.1b | 13.9x | 15.5x | 1x |
| Fri, 07 Jul 2023 | RM71.5b | RM77.4b | RM5.3b | 13.6x | 13.5x | 0.9x |
| Sun, 04 Jun 2023 | RM75.8b | RM77.3b | RM5.3b | 13.9x | 14.4x | 1x |
| Tue, 02 May 2023 | RM80.6b | RM77.0b | RM7.1b | 13.2x | 11.4x | 1x |
| Thu, 30 Mar 2023 | RM79.3b | RM77.8b | RM7.4b | 13.6x | 10.7x | 1x |
| Sat, 25 Feb 2023 | RM82.8b | RM77.9b | RM7.5b | 13.3x | 11.1x | 1.1x |
| Mon, 23 Jan 2023 | RM93.6b | RM76.9b | RM9.6b | 12.4x | 9.7x | 1.2x |
| Wed, 21 Dec 2022 | RM89.7b | RM76.9b | RM9.6b | 11.8x | 9.3x | 1.2x |
| Fri, 18 Nov 2022 | RM92.8b | RM74.3b | RM9.8b | 11.4x | 9.5x | 1.2x |
| Sun, 16 Oct 2022 | RM91.1b | RM74.0b | RM10.2b | 12.9x | 9x | 1.2x |
| Tue, 13 Sep 2022 | RM96.1b | RM74.8b | RM10.1b | 13.4x | 9.5x | 1.3x |
| Thu, 11 Aug 2022 | RM94.7b | RM71.8b | RM10.2b | 11.9x | 9.3x | 1.3x |
| Sat, 09 Jul 2022 | RM92.2b | RM71.7b | RM10.7b | 11.7x | 8.6x | 1.3x |
| Mon, 06 Jun 2022 | RM107.7b | RM70.9b | RM10.7b | 13x | 10.1x | 1.5x |
| Wed, 04 May 2022 | RM111.0b | RM66.8b | RM10.0b | 13.2x | 11.1x | 1.7x |
| Fri, 01 Apr 2022 | RM105.1b | RM66.3b | RM10.4b | 12.6x | 10.1x | 1.6x |
| Sun, 27 Feb 2022 | RM103.1b | RM66.1b | RM10.4b | 14.9x | 9.9x | 1.6x |
| Tue, 25 Jan 2022 | RM99.1b | RM59.5b | RM8.7b | 15.2x | 11.4x | 1.7x |
| Thu, 23 Dec 2021 | RM97.5b | RM59.2b | RM8.7b | 15.3x | 11.3x | 1.6x |
| Sat, 20 Nov 2021 | RM93.8b | RM54.7b | RM7.0b | 15.6x | 13.5x | 1.7x |
| Mon, 18 Oct 2021 | RM98.5b | RM54.3b | RM7.0b | 18.3x | 14.1x | 1.8x |
| Wed, 15 Sep 2021 | RM92.3b | RM55.5b | RM7.4b | 16.7x | 12.4x | 1.7x |
| Fri, 13 Aug 2021 | RM90.6b | RM55.6b | RM7.5b | 15x | 12.2x | 1.6x |
| Tue, 08 Jun 2021 | RM91.9b | RM50.5b | RM5.3b | 16.4x | 17.3x | 1.8x |
Price to Earnings Ratio
17.3x
Current Industry PE
- Investors are optimistic on the Malaysian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.9x which is higher than its 3-year average PE of 16.6x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 25% per year over the last three years.
- Meanwhile revenues for these companies 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 Malaysian Materials industry?
| MY Market | -1.50% | |
| Materials | -0.46% | |
| Chemicals | -2.21% | |
| Fertilizers and Agricultural Chemicals | 1.95% | |
| Industrial Gases | 0% | |
| Diversified Chemicals | -0.25% | |
| Commodity Chemicals | -2.40% | |
| Specialty Chemicals | -6.84% | |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average PE ratio of 57.1x.
- Analysts are expecting annual earnings growth of 14.7%, which is lower than the prior year's growth of 412.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 22% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| LCTITAN Lotte Chemical Titan Holding Berhad | RM1.09 | 4.8% +RM113.9m | -11.4% | PS0.3x | |
| HEXTAR Hextar Global Berhad | RM0.94 | 2.2% +RM77.5m | 25.5% | PE63.8x | |
| SENFONG Seng Fong Holdings Berhad | RM1.22 | 1.7% +RM10.8m | 79.4% | PE15.1x | |
| ASIAPLY Asia Poly Holdings Berhad | RM0.085 | 6.3% +RM4.8m | -10.5% | PS0.7x | |
| ANCOMNY Ancom Nylex Berhad | RM1.03 | 0% RM154.5k | 5.1% | PE12.1x |
