Solvac (EBR:SOLV) Might Have The Makings Of A Multi-Bagger
Sep 04
Belgian (BEL20) Chemicals Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies7
- 7D-1.2%
- 3M-13.5%
- 1Y-11.7%
- YTD-16.8%
Over the last 7 days, the Chemicals industry has dropped 1.2%, driven by Umicore declining 2.9%. Overall the industry is down 12% in 12 months. As for the next few years, earnings are expected to grow by 6.6% per annum.
Industry Valuation and Performance
Has the Belgian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | €20.2b | €41.8b | €2.3b | 11.1x | 8.8x | 0.5x |
| Tue, 26 Sep 2023 | €21.0b | €41.8b | €2.3b | 10.7x | 9.1x | 0.5x |
| Thu, 24 Aug 2023 | €22.1b | €41.5b | €2.4b | 11.5x | 9.2x | 0.5x |
| Sat, 22 Jul 2023 | €23.1b | €45.2b | €3.2b | 11.4x | 7.2x | 0.5x |
| Mon, 19 Jun 2023 | €23.1b | €45.2b | €3.2b | 8.6x | 7.2x | 0.5x |
| Wed, 17 May 2023 | €23.1b | €45.2b | €3.2b | 8.5x | 7.2x | 0.5x |
| Fri, 14 Apr 2023 | €24.3b | €45.3b | €3.3b | 8.6x | 7.4x | 0.5x |
| Sun, 12 Mar 2023 | €24.5b | €45.1b | €3.3b | 8x | 7.4x | 0.5x |
| Tue, 07 Feb 2023 | €25.7b | €44.7b | €3.2b | 8.4x | 8.1x | 0.6x |
| Thu, 05 Jan 2023 | €23.5b | €44.7b | €3.2b | 5.6x | 7.4x | 0.5x |
| Sat, 03 Dec 2022 | €23.1b | €44.7b | €3.2b | 5.4x | 7.2x | 0.5x |
| Mon, 31 Oct 2022 | €22.0b | €43.1b | €3.0b | 5.5x | 7.4x | 0.5x |
| Wed, 28 Sep 2022 | €19.5b | €43.1b | €3.0b | 5.1x | 6.5x | 0.5x |
| Fri, 26 Aug 2022 | €21.0b | €42.9b | €2.8b | 7.1x | 7.6x | 0.5x |
| Sun, 24 Jul 2022 | €20.9b | €40.0b | €2.3b | 7.2x | 9x | 0.5x |
| Tue, 21 Jun 2022 | €22.0b | €40.0b | €2.3b | 7.1x | 9.5x | 0.6x |
| Thu, 19 May 2022 | €24.3b | €40.0b | €2.3b | 7.8x | 10.5x | 0.6x |
| Sat, 16 Apr 2022 | €23.4b | €38.9b | €2.1b | 8.7x | 11.3x | 0.6x |
| Mon, 14 Mar 2022 | €23.0b | €38.7b | €2.0b | 11.3x | 11.5x | 0.6x |
| Wed, 09 Feb 2022 | €24.2b | €37.1b | €1.4b | 15.4x | 17.1x | 0.7x |
| Fri, 07 Jan 2022 | €24.6b | €37.1b | €1.4b | 15.3x | 17.4x | 0.7x |
| Sun, 05 Dec 2021 | €25.7b | €37.1b | €1.4b | 14.6x | 18.2x | 0.7x |
| Tue, 02 Nov 2021 | €27.5b | €37.1b | €1.4b | 14.3x | 19.4x | 0.7x |
| Thu, 30 Sep 2021 | €28.3b | €36.5b | €1.4b | 15.4x | 20.6x | 0.8x |
| Sat, 28 Aug 2021 | €30.5b | €36.5b | €1.4b | 16.5x | 22.2x | 0.8x |
| Sun, 04 Jul 2021 | €28.3b | €36.5b | €1.4b | 16.1x | 20.3x | 0.8x |
| Wed, 07 Apr 2021 | €24.2b | €34.4b | -€764,081,053.00 | 26.8x | -31.7x | 0.7x |
| Sat, 09 Jan 2021 | €21.5b | €33.0b | -€898,965,553.00 | 14.2x | -23.9x | 0.7x |
Price to Earnings Ratio
-18.3x
Current Industry PE
- Investors are optimistic on the Belgian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.8x which is higher than its 3-year average PE of 3.0x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
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 8.4% 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 Belgian Materials industry?
| BE Market | -0.90% | |
| Materials | -1.10% | |
| Chemicals | -1.20% | |
| Industrial Gases | 0% | |
| Diversified Chemicals | -0.28% | |
| Commodity Chemicals | -1.54% | |
| Specialty Chemicals | -2.91% | |
| Fertilizers and Agricultural Chemicals | -7.06% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 25.8x.
- Analysts are expecting annual earnings growth of 0.09%, which is higher than its past year's earnings decline of 51.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 83% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Specialty Chemicals industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| TESB Tessenderlo Group | €26.75 | 0.9% +€15.8m | -13.1% | PE11.8x |