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Canadian (TSX) Steel Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies15
  • 7D-1.0%
  • 3M-2.9%
  • 1Y1.3%
  • YTDn/a

In the last week, the Steel industry is up 1.1%, with Colonial Coal International up 19%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Canadian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024CA$5.3bCA$4.0bCA$388.7m10.8x13.6x1.3x
Sat, 30 Mar 2024CA$5.3bCA$4.0bCA$379.7m10x13.9x1.3x
Mon, 26 Feb 2024CA$5.2bCA$4.0bCA$359.0m10.6x14.4x1.3x
Wed, 24 Jan 2024CA$5.3bCA$4.0bCA$407.0m9.4x13.1x1.3x
Fri, 22 Dec 2023CA$5.5bCA$4.0bCA$406.8m9.1x13.6x1.4x
Sun, 19 Nov 2023CA$5.1bCA$4.0bCA$403.8m8.7x12.7x1.3x
Tue, 17 Oct 2023CA$4.6bCA$4.1bCA$495.3m6.5x9.2x1.1x
Thu, 14 Sep 2023CA$4.8bCA$4.1bCA$495.4m7.1x9.7x1.2x
Sat, 12 Aug 2023CA$4.7bCA$4.1bCA$485.2m7.4x9.8x1.2x
Mon, 10 Jul 2023CA$5.1bCA$4.3bCA$955.7m3.8x5.3x1.2x
Wed, 07 Jun 2023CA$5.0bCA$4.3bCA$952.3m4.8x5.3x1.2x
Fri, 05 May 2023CA$4.9bCA$4.5bCA$1.2b4.9x3.9x1.1x
Sun, 02 Apr 2023CA$5.6bCA$4.5bCA$1.3b5.2x4.4x1.2x
Tue, 28 Feb 2023CA$5.8bCA$4.6bCA$1.4b6.2x4.2x1.3x
Thu, 26 Jan 2023CA$5.9bCA$5.1bCA$1.9b6x3.2x1.2x
Sat, 24 Dec 2022CA$5.2bCA$5.1bCA$1.9b5.8x2.8x1x
Mon, 21 Nov 2022CA$5.0bCA$5.1bCA$1.9b3.7x2.7x1x
Wed, 19 Oct 2022CA$4.6bCA$5.6bCA$2.3b3.7x2x0.8x
Fri, 16 Sep 2022CA$4.7bCA$5.6bCA$2.3b3.5x2x0.8x
Sun, 14 Aug 2022CA$5.1bCA$5.6bCA$2.3b3.2x2.2x0.9x
Tue, 12 Jul 2022CA$4.7bCA$5.5bCA$2.2b4.3x2.1x0.9x
Thu, 09 Jun 2022CA$6.0bCA$5.4bCA$2.2b5.9x2.7x1.1x
Sat, 07 May 2022CA$6.2bCA$5.4bCA$2.2b4.6x2.8x1.1x
Mon, 04 Apr 2022CA$7.3bCA$5.2bCA$2.1b5.3x3.5x1.4x
Wed, 02 Mar 2022CA$6.8bCA$5.1bCA$2.0b4.4x3.5x1.3x
Fri, 28 Jan 2022CA$6.0bCA$4.4bCA$1.4b4.1x4.3x1.4x
Sun, 26 Dec 2021CA$6.5bCA$4.4bCA$1.4b4.4x4.6x1.5x
Tue, 23 Nov 2021CA$6.8bCA$4.3bCA$1.4b4.5x4.8x1.6x
Thu, 21 Oct 2021CA$6.7bCA$3.1bCA$647.7m6.2x10.3x2.1x
Sat, 18 Sep 2021CA$6.7bCA$3.1bCA$646.4m6.3x10.3x2.2x
Mon, 16 Aug 2021CA$7.4bCA$3.1bCA$642.0m6.6x11.6x2.4x
Mon, 31 May 2021CA$6.5bCA$2.5bCA$162.5m5.2x39.7x2.6x
Price to Earnings Ratio

37.5x


Total Market Cap: CA$6.1bTotal Earnings: CA$162.5mTotal Revenue: CA$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 7.6x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.7x which is higher than its 3-year average PE of 7.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Steel compare with similar industries?

CA Market-0.54%
Materials1.60%
Metals and Mining1.89%
Steel-1.02%
Copper4.84%
Diversified Metals and Mining3.66%
Gold0.85%
Precious Metals and Minerals0.48%
Aluminum0%
Silver-0.011%
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?

CompanyLast Price7D1YValuation
CAD Colonial Coal InternationalCA$2.5819.4%
+CA$75.5m		54.5%PB24.4x
TSL Tree Island SteelCA$3.201.9%
+CA$1.6m		6.7%PE11.5x
BKI Black IronCA$0.0511.1%
+CA$1.5m		-33.3%PE-7x
RXM Rockex MiningCA$0.0233.3%
+CA$668.4k		-20.0%PE5.9x
CAF Canaf InvestmentsCA$0.222.3%
+CA$237.1k		63.0%PE4.4x
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Latest News

CAD

CA$2.58

Colonial Coal International

7D

19.4%

1Y

54.5%

Here's Why We're Not Too Worried About Colonial Coal International's (CVE:CAD) Cash Burn Situation

Apr 28
Here's Why We're Not Too Worried About Colonial Coal International's (CVE:CAD) Cash Burn Situation

STLC

CA$39.12

Stelco Holdings

7D

-2.9%

1Y

-17.5%

RXM

CA$0.02

Rockex Mining

7D

33.3%

1Y

-20.0%

DRX

CA$13.63

ADF Group

7D

-5.0%

1Y

495.2%

Solid Earnings Reflect ADF Group's (TSE:DRX) Strength As A Business

Apr 19
Solid Earnings Reflect ADF Group's (TSE:DRX) Strength As A Business

BKI

CA$0.05

Black Iron

7D

11.1%

1Y

-33.3%

NIKL.H

CA$0.07

GK Resources

7D

-17.6%

1Y

-50.0%

TSL

CA$3.20

Tree Island Steel

7D

1.9%

1Y

6.7%

EMM

CA$0.08

Giyani Metals

7D

-11.1%

1Y

-44.8%

LIF

CA$29.42

Labrador Iron Ore Royalty

7D

-2.1%

1Y

0.4%

HTRC

CA$0.04

High Tide Resources

7D

-20.0%

1Y

-73.3%

CFE

CA$0.33

Cartier Silver

7D

-2.9%

1Y

-19.5%

CAF

CA$0.22

Canaf Investments

7D

2.3%

1Y

63.0%