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Jun 13
U.S. Commodity Chemicals Industry Analysis
UpdatedJun 18, 2024
DataAggregated Company Financials
Companies37
- 7D-1.2%
- 3M-1.8%
- 1Y8.8%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 1.2%, driven by declines in Dow and LyondellBasell Industries of 1.5% and 1.7%, respectively. On the other hand PureCycle Technologies is actually up 5.7%. Over the past 12 months, the industry was up 8.8%. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the U.S. Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | US$112.1b | US$121.8b | US$3.7b | 14.9x | 30.6x | 0.9x |
| Fri, 17 May 2024 | US$119.0b | US$121.8b | US$3.7b | 16.2x | 32.4x | 1x |
| Sun, 14 Apr 2024 | US$118.8b | US$123.9b | US$3.6b | 13.5x | 33.3x | 1x |
| Tue, 12 Mar 2024 | US$114.7b | US$123.9b | US$3.5b | 12.9x | 33.1x | 0.9x |
| Thu, 08 Feb 2024 | US$107.2b | US$124.9b | US$4.4b | 11.8x | 24.4x | 0.9x |
| Sat, 06 Jan 2024 | US$109.0b | US$127.9b | US$5.1b | 10.7x | 21.2x | 0.9x |
| Mon, 04 Dec 2023 | US$106.6b | US$128.4b | US$5.2b | 9.8x | 20.4x | 0.8x |
| Wed, 01 Nov 2023 | US$97.4b | US$129.9b | US$5.6b | 9.2x | 17.4x | 0.8x |
| Fri, 29 Sep 2023 | US$104.0b | US$135.8b | US$6.2b | 10.1x | 16.8x | 0.8x |
| Sun, 27 Aug 2023 | US$109.7b | US$135.8b | US$6.2b | 9.4x | 17.7x | 0.8x |
| Tue, 25 Jul 2023 | US$108.1b | US$151.8b | US$9.5b | 8.8x | 11.4x | 0.7x |
| Thu, 22 Jun 2023 | US$103.0b | US$151.8b | US$9.5b | 7.6x | 10.9x | 0.7x |
| Sat, 20 May 2023 | US$104.7b | US$151.8b | US$9.5b | 7.7x | 11x | 0.7x |
| Mon, 17 Apr 2023 | US$118.2b | US$161.4b | US$12.7b | 8.8x | 9.3x | 0.7x |
| Wed, 15 Mar 2023 | US$110.1b | US$161.4b | US$12.7b | 8x | 8.7x | 0.7x |
| Fri, 10 Feb 2023 | US$122.6b | US$164.2b | US$13.6b | 9.3x | 9x | 0.7x |
| Sun, 08 Jan 2023 | US$114.3b | US$168.3b | US$15.3b | 8x | 7.5x | 0.7x |
| Tue, 06 Dec 2022 | US$108.0b | US$168.3b | US$15.3b | 8.2x | 7.1x | 0.6x |
| Thu, 03 Nov 2022 | US$100.3b | US$168.8b | US$16.0b | 7.9x | 6.3x | 0.6x |
| Sat, 01 Oct 2022 | US$94.1b | US$169.9b | US$18.2b | 6.3x | 5.2x | 0.6x |
| Mon, 29 Aug 2022 | US$114.1b | US$169.9b | US$18.2b | 8x | 6.3x | 0.7x |
| Wed, 27 Jul 2022 | US$109.0b | US$163.2b | US$18.0b | 7.1x | 6x | 0.7x |
| Fri, 24 Jun 2022 | US$107.1b | US$161.4b | US$18.3b | 7.2x | 5.9x | 0.7x |
| Sun, 22 May 2022 | US$136.5b | US$161.3b | US$18.3b | 8.7x | 7.5x | 0.8x |
| Tue, 19 Apr 2022 | US$129.7b | US$145.3b | US$16.1b | 9.3x | 8x | 0.9x |
| Thu, 17 Mar 2022 | US$120.1b | US$144.8b | US$16.0b | 11.1x | 7.5x | 0.8x |
| Sat, 12 Feb 2022 | US$119.6b | US$142.7b | US$15.4b | 11.5x | 7.8x | 0.8x |
| Mon, 10 Jan 2022 | US$118.3b | US$132.9b | US$14.8b | 11.5x | 8x | 0.9x |
| Wed, 08 Dec 2021 | US$110.3b | US$132.9b | US$14.8b | 10.7x | 7.5x | 0.8x |
| Fri, 05 Nov 2021 | US$116.9b | US$131.8b | US$14.5b | 10.3x | 8.1x | 0.9x |
| Sun, 03 Oct 2021 | US$116.6b | US$118.2b | US$10.2b | 11.6x | 11.5x | 1x |
| Tue, 31 Aug 2021 | US$119.9b | US$118.8b | US$10.3b | 8.2x | 11.7x | 1x |
| Wed, 07 Jul 2021 | US$125.8b | US$118.8b | US$10.3b | 9.3x | 12.3x | 1.1x |
Price to Earnings Ratio
12.3x
Current Industry PE
- Investors are optimistic on the American Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.6x which is higher than its 3-year average PE of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 29% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Commodity Chemicals compare with similar industries?
| US Market | 1.61% | |
| Materials | -0.81% | |
| Chemicals | -0.053% | |
| Commodity Chemicals | -1.17% | |
| Industrial Gases | 0.76% | |
| Specialty Chemicals | 0.073% | |
| Fertilizers and Agricultural Chemicals | -1.72% | |
| Diversified Chemicals | -2.72% | |
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 | |
|---|---|---|---|---|---|
| PCT PureCycle Technologies | US$6.13 | 3.5% +US$34.6m | -22.8% | PB3x | |
| MATV Mativ Holdings | US$17.18 | 2.6% +US$23.9m | 8.0% | PS0.5x | |
| HWKN Hawkins | US$89.59 | 0.3% +US$5.0m | 82.8% | PE24.9x | |
| CMT Core Molding Technologies | US$16.74 | 1.0% +US$1.5m | -13.7% | PE8x | |
| CNEY CN Energy Group | US$0.47 | 1.7% +US$21.1k | -92.5% | PS0.02x |
