These 4 Measures Indicate That Clover (ASX:CLV) Is Using Debt Reasonably Well
Oct 31
Australian (ASX) Specialty Chemicals Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies9
- 7D-3.1%
- 3M-8.6%
- 1Y-40.1%
- YTD-36.9%
Over the last 7 days, the Specialty Chemicals industry has dropped 3.8%, driven by Clover declining 16%. On the other hand Hazer Group is actually up 9.4%. Overall the industry is down 41% in 12 months. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Australian Specialty Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$690.7m | AU$568.5m | -AU$10,423,731.00 | 22.7x | -66.3x | 1.2x |
| Thu, 28 Sep 2023 | AU$731.3m | AU$573.0m | -AU$24,808,968.00 | 29.5x | -29.5x | 1.3x |
| Sat, 26 Aug 2023 | AU$734.5m | AU$558.4m | -AU$16,637,415.00 | 19.7x | -44.1x | 1.3x |
| Mon, 24 Jul 2023 | AU$795.4m | AU$558.3m | -AU$12,818,858.00 | 22.3x | -62.1x | 1.4x |
| Wed, 21 Jun 2023 | AU$817.5m | AU$562.5m | -AU$30,126,124.00 | 23.1x | -27.1x | 1.5x |
| Fri, 19 May 2023 | AU$989.7m | AU$562.6m | -AU$30,367,670.00 | 23.2x | -32.6x | 1.8x |
| Sun, 16 Apr 2023 | AU$1.1b | AU$562.5m | -AU$30,252,926.00 | 23.1x | -36.5x | 2x |
| Tue, 14 Mar 2023 | AU$1.1b | AU$547.9m | -AU$31,936,944.00 | 30.1x | -35.9x | 2.1x |
| Thu, 09 Feb 2023 | AU$1.1b | AU$473.2m | -AU$31,571,732.00 | 33.2x | -36.2x | 2.4x |
| Sat, 07 Jan 2023 | AU$1.1b | AU$471.9m | -AU$31,935,274.00 | 28.8x | -33x | 2.2x |
| Mon, 05 Dec 2022 | AU$1.1b | AU$472.0m | -AU$32,131,612.00 | 28x | -33.3x | 2.3x |
| Wed, 02 Nov 2022 | AU$1.1b | AU$471.7m | -AU$31,767,835.00 | 28.5x | -34x | 2.3x |
| Fri, 30 Sep 2022 | AU$1.1b | AU$461.6m | -AU$33,025,416.00 | 39.2x | -34x | 2.4x |
| Sun, 28 Aug 2022 | AU$1.5b | AU$336.5m | -AU$11,231,395.00 | 32.2x | -134.9x | 4.5x |
| Tue, 26 Jul 2022 | AU$1.4b | AU$341.8m | -AU$1,655,035.00 | 33.3x | -827.9x | 4x |
| Thu, 23 Jun 2022 | AU$1.4b | AU$340.9m | AU$3.1m | 32.6x | 437.5x | 4x |
| Sat, 21 May 2022 | AU$1.6b | AU$340.9m | AU$3.1m | 40.9x | 501.7x | 4.6x |
| Mon, 18 Apr 2022 | AU$1.7b | AU$341.0m | AU$3.1m | 47.9x | 558.8x | 5.1x |
| Wed, 16 Mar 2022 | AU$1.6b | AU$341.2m | -AU$5,441,578.00 | 35.6x | -302x | 4.8x |
| Fri, 11 Feb 2022 | AU$1.8b | AU$252.7m | AU$8.0m | 30.6x | 225.9x | 7.1x |
| Sun, 09 Jan 2022 | AU$2.0b | AU$253.1m | AU$8.0m | 32.5x | 245.4x | 7.8x |
| Tue, 07 Dec 2021 | AU$1.8b | AU$253.6m | AU$8.1m | 30.5x | 218.2x | 7x |
| Thu, 04 Nov 2021 | AU$2.0b | AU$253.4m | AU$8.1m | 30.9x | 244x | 7.8x |
| Sat, 02 Oct 2021 | AU$1.8b | AU$253.4m | AU$8.1m | 29.3x | 217.9x | 6.9x |
| Mon, 30 Aug 2021 | AU$1.6b | AU$272.3m | AU$12.3m | 23x | 133.9x | 6.1x |
| Tue, 06 Jul 2021 | AU$1.5b | AU$272.3m | AU$12.3m | 26.1x | 121.4x | 5.5x |
| Fri, 09 Apr 2021 | AU$1.1b | AU$130.3m | -AU$18,918,413.01 | 29.6x | -60.6x | 8.8x |
| Thu, 31 Dec 2020 | AU$1.2b | AU$148.0m | -AU$2,541,197.60 | 24.2x | -463.4x | 8x |
Price to Earnings Ratio
98.3x
Current Industry PE
- Investors are pessimistic on the Australian Specialty Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Specialty Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 58% 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 Comparison
How does Australian Specialty Chemicals compare with similar industries?
| AU Market | -0.99% | |
| Materials | 2.87% | |
| Chemicals | -2.93% | |
| Specialty Chemicals | -3.13% | |
| Industrial Gases | 0% | |
| Commodity Chemicals | -0.98% | |
| Diversified Chemicals | -4.23% | |
| Fertilizers and Agricultural Chemicals | -6.63% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HZR Hazer Group | AU$0.64 | 9.4% +AU$11.1m | 13.3% | PS53.6x | |
| ZNO Zoono Group | AU$0.048 | 11.6% +AU$949.6k | -69.0% | PS3x | |
| TTT Titomic | AU$0.015 | 7.1% +AU$866.2k | -92.9% | PS2.9x | |
| ANO Advance ZincTek | AU$0.94 | 0.5% +AU$312.2k | -56.9% | PE35.3x |
