Zinc8 Energy Solutions (CSE:ZAIR) Will Have To Spend Its Cash Wisely
Nov 24
Canadian (TSX) Electrical Industry Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies14
- 7D1.7%
- 3M-9.9%
- 1Y-50.0%
- YTD-44.4%
The Electrical industry is up 1.7% in the last week, with Exro Technologies up 21%. Meanwhile, SPARQ actually underperformed within the industry, shrinking 26% in the last week. In contrast, the industry has lost 50% in the last 12 months. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Canadian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | CA$3.4b | CA$940.8m | -CA$336,233,111.00 | 8.4x | -10.1x | 3.6x |
| Sat, 29 Oct 2022 | CA$3.1b | CA$935.5m | -CA$317,990,896.00 | 7.6x | -9.7x | 3.3x |
| Mon, 26 Sep 2022 | CA$3.4b | CA$880.1m | -CA$316,660,864.00 | 6.5x | -10.6x | 3.8x |
| Wed, 24 Aug 2022 | CA$3.7b | CA$872.7m | -CA$308,388,879.00 | 6.7x | -11.9x | 4.2x |
| Fri, 22 Jul 2022 | CA$3.5b | CA$814.7m | -CA$254,496,995.00 | 5.8x | -13.8x | 4.3x |
| Sun, 19 Jun 2022 | CA$3.1b | CA$816.5m | -CA$256,632,130.00 | 6.1x | -12.1x | 3.8x |
| Tue, 17 May 2022 | CA$3.4b | CA$815.0m | -CA$253,299,849.00 | 7.4x | -13.3x | 4.1x |
| Thu, 14 Apr 2022 | CA$4.7b | CA$745.4m | -CA$190,687,442.00 | 7.3x | -24.5x | 6.3x |
| Sat, 12 Mar 2022 | CA$4.8b | CA$697.9m | -CA$148,148,441.00 | 9.5x | -32.7x | 6.9x |
| Mon, 07 Feb 2022 | CA$4.5b | CA$683.0m | -CA$143,154,769.00 | 9x | -31.1x | 6.5x |
| Wed, 05 Jan 2022 | CA$5.7b | CA$680.7m | -CA$138,039,767.00 | 8.5x | -41.6x | 8.4x |
| Fri, 03 Dec 2021 | CA$6.3b | CA$681.6m | -CA$138,897,095.00 | 8.5x | -45.2x | 9.2x |
| Sun, 31 Oct 2021 | CA$7.5b | CA$659.5m | -CA$102,805,807.00 | 8.2x | -73x | 11.4x |
| Tue, 28 Sep 2021 | CA$6.6b | CA$651.3m | -CA$104,766,097.00 | 7.7x | -62.8x | 10.1x |
| Thu, 26 Aug 2021 | CA$6.6b | CA$653.1m | -CA$98,734,086.41 | 8.4x | -66.5x | 10.1x |
| Fri, 02 Jul 2021 | CA$7.2b | CA$653.1m | -CA$98,734,086.41 | 7.4x | -73.4x | 11.1x |
| Mon, 05 Apr 2021 | CA$9.9b | CA$629.0m | -CA$81,058,181.29 | 6.1x | -121.5x | 15.7x |
| Thu, 07 Jan 2021 | CA$8.6b | CA$638.3m | -CA$58,780,980.80 | 5.7x | -146.1x | 13.5x |
| Wed, 30 Sep 2020 | CA$5.0b | CA$667.6m | -CA$58,193,415.25 | 5x | -86.7x | 7.6x |
| Sat, 04 Jul 2020 | CA$5.2b | CA$682.9m | -CA$54,756,594.00 | 4.6x | -95.3x | 7.6x |
| Tue, 07 Apr 2020 | CA$2.6b | CA$709.1m | -CA$52,533,929.24 | 4.5x | -50.1x | 3.7x |
| Fri, 10 Jan 2020 | CA$2.3b | CA$678.5m | -CA$43,680,421.19 | 6.8x | -52.5x | 3.4x |
Price to Earnings Ratio
-44x
Current Industry PE
- Investors are pessimistic on the Canadian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 8.0x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 0.70% | |
| Industrials | 1.78% | |
| Electrical | 1.70% | |
| Electrical Components | 1.77% | |
| Heavy Electrical Equipment | -3.98% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 17% per year 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 | |
|---|---|---|---|---|---|
| EXRO Exro Technologies | CA$1.88 | 21.3% +CA$48.2m | -41.1% | PS728.7x | |
| BLDP Ballard Power Systems | CA$8.21 | 0.6% +CA$14.9m | -54.5% | PS18.1x | |
| ZAIR Zinc8 Energy Solutions | CA$0.24 | 14.0% +CA$4.9m | -14.0% | PB6.3x | |
| NHHH FuelPositive | CA$0.17 | 3.1% +CA$1.8m | -15.4% | PB1.5x | |
| CTO Circa Enterprises | CA$1.40 | 9.4% +CA$1.2m | 11.1% | PE8.5x |