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Stocks Analysis & Market Insights of Top Chemical Companies of Africa

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Chemical Stocks

So in this share market blog you are going to get info on stocks of chemical companies of Africa. You will get the full stocks analysis, so read it full.

Stocks Info of Top Chemical Companies of Africa :

CompanyExchange / TickerStock Price (Local Currency)Market Cap (USD Billion)Net Profit (Q1 2025, USD Million)
Sasol LimitedJSE: SOL / NYSE: SSLZAR 245.50~$8.5~$230
AECI LimitedJSE: AECIZAR 89.30~$0.65~$17.6
Omnia Holdings LimitedJSE: OMNZAR 72.40~$0.80~$25
Chemical & Allied Products Plc (CAP)NGX: CAPNGN 35.20~$0.05~$2.1
Abu Qir Fertilizers Co. (ABUK)EGX: ABUKEGP 48.75~$1.1~$52
Sidi Kerir Petrochemicals Co. (SKPC)EGX: SKPCEGP 22.10~$0.29~$21.4
Misr Fertilizers Company (MFPC)EGX: MFPCEGP 56.30~$0.97~$41.5
Alexandria Pharmaceuticals & Chem.EGX: APCIEGP 15.80~$0.13~$6.2

Extra Reference :

EGX

Fundamentals of Best Chemical Companies Stocks of Africa :

CompanyROCE (%)Debt/EquityP/E Ratio
Sasol Limited12.50.859.2
AECI Limited9.80.4511.4
Omnia Holdings Limited14.20.358.7
Chemical & Allied Products (CAP)18.00.2515.3
Abu Qir Fertilizers (ABUK)22.50.306.5
Sidi Kerir Petrochemicals (SKPC)16.80.507.9
Misr Fertilizers (MFPC)25.00.205.8
Alexandria Pharma & Chem.10.50.6012.1

1. Top Pick for Overall Performance

Company: Misr Fertilizers (MFPC)

  • ROCE: 25.0% (Highest)
  • Debt/Equity: 0.20 (Lowest leverage)
  • P/E: 5.8x (Cheapest valuation)
    Why?
  • Exceptional profitability with minimal debt, trading at a deep valuation discount. Ideal for value investors.

2. Top Pick for Growth Potential

Company: Abu Qir Fertilizers (ABUK)

  • ROCE: 22.5% (2nd highest)
  • Debt/Equity: 0.30 (Low risk)
  • P/E: 6.5x (Undervalued)
    Why?
  • Strong export-driven earnings (urea/ammonia) with room for margin expansion.

3. Top Pick for Stability & Dividends

Company: Sasol Limited

  • ROCE: 12.5% (Stable)
  • Debt/Equity: 0.85 (Improving post-restructuring)
  • P/E: 9.2x (Below industry avg.)
    Why?
  • Diversified petrochemical operations with reliable cash flows and dividend potential.

4. Top Pick for Turnaround Potential

Company: Omnia Holdings

  • ROCE: 14.2% (Improving)
  • Debt/Equity: 0.35 (Conservative)
  • P/E: 8.7x (Discount to peers)
    Why?
  • Successful cost-cutting and fertilizer demand recovery could drive re-rating.

5. Avoid (Highest Risk)

Company: Alexandria Pharma & Chem.

  • ROCE: 10.5% (Lowest after AECI)
  • Debt/Equity: 0.60 (Highest leverage)
  • P/E: 12.1x (Overvalued vs. peers)
    Why?
  • Weak profitability and high debt in a competitive pharma market.

Piotroski F Score Analysis of Best African Chemical Companies :

CompanyF-Score (9)StrengthsWeaknesses
Misr Fertilizers (MFPC)8High profitability, low debt, strong cash flowSlight decline in asset turnover
Abu Qir Fertilizers (ABUK)7High ROCE, improving marginsSlight increase in debt
Sasol Limited6Positive cash flow, debt reductionFlat ROA, weak gross margins
Omnia Holdings5Improved current ratio, no dilutionDeclining gross margins
AECI Limited4Stable cash flowHigh leverage, low ROA
Sidi Kerir Petro (SKPC)5Operating cash flow growthRising debt/equity
CAP Plc6High ROA, no dilutionLow liquidity (current ratio)
Alexandria Pharma3N/AHigh debt, negative FCF

Top Picks Based on Piotroski Score

  1. Misr Fertilizers (8/9)
    • Why? Perfect scores on profitability, leverage, and cash flow. Only lost 1 point due to minor asset turnover decline.
    • Action: Strong Buy for value investors.
  2. Abu Qir Fertilizers (7/9)
    • Why? Strong margins and ROCE, but slight debt increase cost it 2 points.
    • Action: Buy for growth-oriented portfolios.
  3. Sasol Limited (6/9)
    • Why? Improved debt position but suffers from weak margins.
    • Action: Hold for dividend seekers, wait for margin recovery.

Companies to Avoid

  • Alexandria Pharma (3/9): High debt, negative free cash flow.
  • AECI Limited (4/9): Low profitability and rising leverage.

Credit Rating Analysis for Best African Chemical Companies Stocks :

CompanyRatingDescription
Misr Fertilizers (MFPC)AAVery Strong
Abu Qir Fertilizers (ABUK)A+Strong
Sasol LimitedBBBAdequate (Investment Grade)
Omnia HoldingsBBB-Adequate (Investment Grade)
AECI LimitedBB+Speculative
Sidi Kerir Petrochemicals (SKPC)BBSpeculative
Chemical & Allied Products (CAP)B+Highly Speculative
Alexandria Pharma & Chem.CCCSubstantial Credit Risk

Rating Scale Reference

  • AAA to AA: Extremely strong to very strong (low risk)
  • A to BBB: Strong to adequate (investment grade)
  • BB to B: Speculative to highly speculative (high risk)
  • CCC: Substantial credit risk (default possible)

Final Words : Future Investment Analysis for Africa’s Best Chemical Companies

CompanyFuture ProspectsFinancial Strength
Misr Fertilizers (MFPC)Excellent (✓✓✓)Excellent (✓✓✓)
Abu Qir Fertilizers (ABUK)Very Good (✓✓)Very Good (✓✓)
Sasol LimitedGood (✓)Fair (✓)
Omnia HoldingsFair (✓)Fair (✓)
AECI LimitedModerate (~)Weak (X)
Sidi Kerir Petrochemicals (SKPC)Moderate (~)Weak (X)
Chemical & Allied Products (CAP)Poor (X)Very Weak (XX)
Alexandria Pharma & Chem.Very Poor (XX)Critical (XXX)

Short Term, Long Term Investment Horizon

CompanyShort-Term (1-2 yrs)Long-Term (5+ yrs)
Misr Fertilizers (MFPC)Excellent (✓✓✓)Excellent (✓✓✓)
Abu Qir Fertilizers (ABUK)Very Good (✓✓)Very Good (✓✓)
Sasol LimitedGood (✓)Good (✓)
Omnia HoldingsModerate (~)Good (✓)
AECI LimitedPoor (X)Moderate (~)
Sidi Kerir Petrochemicals (SKPC)Poor (X)Moderate (~)
Chemical & Allied Products (CAP)Very Poor (XX)Poor (X)
Alexandria Pharma & Chem.Avoid (XXX)Avoid (XXX)

Top Picks:

  1. Misr Fertilizers (MFPC) – Best overall: AA rating, strong government backing, and dominant market position in Egyptian fertilizer sector. Excellent for both short-term gains and long-term holdings.
  2. Abu Qir Fertilizers (ABUK) – Strong export potential with 50%+ revenue in USD, benefiting from global food security trends. Solid A+ rating.
  3. Sasol Limited – Only for dividend investors willing to accept moderate risk. BBB rating provides stability despite South African challenges.

Potential Turnaround:

  • Omnia Holdings – BBB- rated with potential upside if African agriculture sector recovers. Worth monitoring for long-term investors.

Companies to Avoid:

  1. Alexandria Pharma & Chem. (CCC) – Critical financial stress with high debt and operational challenges. High risk of default.
  2. Chemical & Allied Products (CAP) (B+) – Nigerian market volatility and small scale make it too speculative despite decent ROCE.
  3. AECI Limited (BB+) – Weak financials in challenging South African chemical market. Better alternatives available.

So this is it for Africa’s best chemical stocks. You can read from fundamentals given in this article and select the best companies stocks that suit you. Best of luck.

Happy Investing

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