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Oct 31
Australian (ASX) Chemicals Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies31
- 7D-2.9%
- 3M-12.8%
- 1Y-15.9%
- YTD-18.6%
Over the last 7 days, the Chemicals industry has dropped 3.2%, driven by a pullback from Incitec Pivot of 4.2%. On the other hand Alpha HPA is actually up 15%. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to grow by 9.9% annually.
Industry Valuation and Performance
Has the Australian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$16.1b | AU$19.2b | AU$1.0b | 17.2x | 15.6x | 0.8x |
| Thu, 28 Sep 2023 | AU$17.4b | AU$19.3b | AU$1.0b | 19.5x | 17.2x | 0.9x |
| Sat, 26 Aug 2023 | AU$17.6b | AU$19.2b | AU$1.0b | 19.7x | 17.1x | 0.9x |
| Mon, 24 Jul 2023 | AU$18.1b | AU$19.2b | AU$1.0b | 22.3x | 17.6x | 0.9x |
| Wed, 21 Jun 2023 | AU$17.6b | AU$19.2b | AU$1.0b | 23.1x | 17.4x | 0.9x |
| Fri, 19 May 2023 | AU$19.0b | AU$19.3b | AU$1.0b | 23.2x | 18.7x | 1x |
| Sun, 16 Apr 2023 | AU$19.5b | AU$18.1b | AU$1.0b | 23.1x | 19.5x | 1.1x |
| Tue, 14 Mar 2023 | AU$19.1b | AU$18.1b | AU$1.1b | 30.1x | 17.5x | 1.1x |
| Thu, 09 Feb 2023 | AU$19.6b | AU$18.0b | AU$1.1b | 27.5x | 17.9x | 1.1x |
| Sat, 07 Jan 2023 | AU$19.6b | AU$18.0b | AU$1.1b | 26x | 17.9x | 1.1x |
| Mon, 05 Dec 2022 | AU$20.2b | AU$18.0b | AU$1.1b | 25.5x | 18.5x | 1.1x |
| Wed, 02 Nov 2022 | AU$19.3b | AU$15.4b | AU$163.5m | 22.8x | 118x | 1.2x |
| Fri, 30 Sep 2022 | AU$18.4b | AU$15.4b | AU$164.8m | 20.4x | 111.5x | 1.2x |
| Sun, 28 Aug 2022 | AU$21.1b | AU$15.3b | AU$223.7m | 32.2x | 94.1x | 1.4x |
| Tue, 26 Jul 2022 | AU$18.7b | AU$15.3b | AU$258.2m | 33.3x | 72.4x | 1.2x |
| Thu, 23 Jun 2022 | AU$18.2b | AU$15.3b | AU$263.0m | 32.6x | 69.2x | 1.2x |
| Sat, 21 May 2022 | AU$20.3b | AU$14.5b | -AU$84,656,349.00 | 45.3x | -239.6x | 1.4x |
| Mon, 18 Apr 2022 | AU$21.7b | AU$13.3b | -AU$48,093,532.00 | 52.9x | -451.2x | 1.6x |
| Wed, 16 Mar 2022 | AU$19.7b | AU$13.3b | -AU$52,757,627.00 | 43.4x | -372.6x | 1.5x |
| Fri, 11 Feb 2022 | AU$19.0b | AU$13.2b | -AU$30,739,362.00 | 40.3x | -618.4x | 1.4x |
| Sun, 09 Jan 2022 | AU$18.3b | AU$13.2b | -AU$30,694,632.00 | 37.6x | -595.3x | 1.4x |
| Tue, 07 Dec 2021 | AU$17.6b | AU$13.2b | -AU$30,722,196.00 | 35.6x | -571.8x | 1.3x |
| Thu, 04 Nov 2021 | AU$18.8b | AU$11.2b | -AU$427,250,069.00 | 51.4x | -43.9x | 1.7x |
| Sat, 02 Oct 2021 | AU$17.1b | AU$11.2b | -AU$409,843,865.00 | 58x | -41.8x | 1.5x |
| Mon, 30 Aug 2021 | AU$15.7b | AU$11.2b | -AU$406,224,554.52 | 48.6x | -38.7x | 1.4x |
| Tue, 06 Jul 2021 | AU$14.8b | AU$11.2b | -AU$406,224,554.52 | 43.8x | -36.4x | 1.3x |
| Fri, 09 Apr 2021 | AU$15.9b | AU$11.1b | -AU$450,196,279.20 | 71.1x | -35.3x | 1.4x |
| Thu, 31 Dec 2020 | AU$14.4b | AU$11.3b | -AU$388,165,345.33 | 40.5x | -37.1x | 1.3x |
Price to Earnings Ratio
-40.7x
Current Industry PE
- Investors are pessimistic on the Australian Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.8x which is higher than its 3-year average PE of -79.0x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.85x.
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 19% 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 Australian Materials industry?
| AU Market | -0.99% | |
| Materials | 2.87% | |
| Chemicals | -2.93% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -0.98% | |
| Specialty Chemicals | -3.13% | |
| Diversified Chemicals | -4.23% | |
| Fertilizers and Agricultural Chemicals | -6.63% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 39.2x.
- Analysts are expecting annual earnings growth of 27.2% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 27% over the next 5 years.
- In contrast, the Diversified Chemicals industry is expected to see its earnings decline by 12% 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 | |
|---|---|---|---|---|---|
| A4N Alpha HPA | AU$0.78 | 14.7% +AU$87.9m | 85.7% | PS42458.7x | |
| HFR Highfield Resources | AU$0.35 | 14.8% +AU$17.6m | -58.6% | PB0.9x | |
| HZR Hazer Group | AU$0.64 | 9.4% +AU$11.1m | 13.3% | PS53.6x | |
| SES SECOS Group | AU$0.048 | 11.6% +AU$3.0m | -58.3% | PS1.2x | |
| CG1 Carbonxt Group | AU$0.06 | 20.0% +AU$2.8m | -45.5% | PS1.1x |
