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Canadian (TSX) Electrical Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies14
  • 7D-1.8%
  • 3M23.9%
  • 1Y34.8%
  • YTD29.6%

Over the last 7 days, the Electrical industry has remained flat, although notably Hammond Power Solutions gained 4.0%. As for the the longer term, the industry is up 32% over the past 12 months. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025CA$3.9bCA$1.3b-CA$127,131,281.0722.9x-30.9x3x
Fri, 24 Oct 2025CA$3.9bCA$1.3b-CA$366,634,661.4321.1x-10.7x3.1x
Sun, 21 Sep 2025CA$3.4bCA$1.3b-CA$359,140,719.4717.4x-9.6x2.7x
Tue, 19 Aug 2025CA$3.2bCA$1.3b-CA$366,054,457.4719.3x-8.6x2.5x
Thu, 17 Jul 2025CA$2.9bCA$1.2b-CA$373,870,288.7811x-7.9x2.4x
Sat, 14 Jun 2025CA$2.7bCA$1.2b-CA$366,348,676.0910.4x-7.4x2.2x
Mon, 12 May 2025CA$2.4bCA$1.2b-CA$649,506,455.199x-3.6x1.9x
Wed, 09 Apr 2025CA$1.9bCA$1.2b-CA$730,412,686.628.3x-2.7x1.6x
Fri, 07 Mar 2025CA$2.2bCA$1.2b-CA$735,322,288.289.7x-2.9x1.8x
Sun, 02 Feb 2025CA$2.6bCA$1.2b-CA$732,469,807.665.7x-3.6x2.1x
Tue, 31 Dec 2024CA$3.0bCA$1.2b-CA$719,418,324.936.4x-4.1x2.4x
Thu, 28 Nov 2024CA$2.8bCA$1.2b-CA$721,883,796.2623.9x-3.9x2.3x
Sat, 26 Oct 2024CA$3.0bCA$1.2b-CA$277,858,884.2025.3x-10.8x2.5x
Mon, 23 Sep 2024CA$3.1bCA$1.2b-CA$273,522,646.6625.9x-11.2x2.5x
Wed, 21 Aug 2024CA$2.8bCA$1.2b-CA$306,792,262.2020x-9.1x2.3x
Fri, 19 Jul 2024CA$3.0bCA$1.2b-CA$287,868,033.2522x-10.6x2.6x
Sun, 16 Jun 2024CA$3.1bCA$1.2b-CA$289,386,865.1022.6x-10.6x2.6x
Tue, 14 May 2024CA$3.3bCA$1.2b-CA$275,529,514.3823.6x-12x2.8x
Thu, 11 Apr 2024CA$4.0bCA$1.2b-CA$258,509,339.5329.5x-15.5x3.4x
Sat, 09 Mar 2024CA$3.4bCA$1.1b-CA$278,865,050.3522.3x-12.3x3.2x
Mon, 05 Feb 2024CA$3.3bCA$1.1b-CA$279,953,107.0019.1x-11.7x2.9x
Wed, 03 Jan 2024CA$3.2bCA$1.1b-CA$283,127,381.0015.5x-11.2x2.9x
Fri, 01 Dec 2023CA$3.2bCA$1.1b-CA$296,517,507.0015.8x-10.6x2.8x
Sun, 29 Oct 2023CA$3.0bCA$1.1b-CA$286,238,934.0012.6x-10.5x2.7x
Tue, 26 Sep 2023CA$3.0bCA$1.1b-CA$278,775,044.0010.3x-10.9x2.8x
Thu, 24 Aug 2023CA$3.2bCA$1.1b-CA$269,995,693.0010.8x-11.8x3x
Sat, 22 Jul 2023CA$3.4bCA$1.0b-CA$297,330,507.0011.8x-11.4x3.3x
Mon, 19 Jun 2023CA$3.2bCA$1.0b-CA$297,039,318.0010.6x-10.7x3.1x
Wed, 17 May 2023CA$3.2bCA$1.0b-CA$310,069,179.009.7x-10.3x3.1x
Fri, 14 Apr 2023CA$3.5bCA$988.4m-CA$341,383,395.009.9x-10.2x3.5x
Sun, 12 Mar 2023CA$3.6bCA$1.0b-CA$354,174,316.009.3x-10.1x3.5x
Tue, 07 Feb 2023CA$3.7bCA$944.1m-CA$351,004,073.007.3x-10.6x3.9x
Thu, 05 Jan 2023CA$3.0bCA$940.4m-CA$343,905,906.007.3x-8.8x3.2x
Sat, 03 Dec 2022CA$3.5bCA$940.2m-CA$338,881,055.008.4x-10.4x3.7x
Price to Earnings Ratio

-10.4x


Total Market Cap: CA$3.5bTotal Earnings: -CA$338,881,055.00Total Revenue: CA$940.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Industry Price to Earnings3Y Average -9.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market1.72%
Industrials0.88%
Electrical-1.81%
Heavy Electrical Equipment0%0
Electrical Components-1.81%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 22% over the next 5 years.
    • This is roughly in line with its past earnings growth rate.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 22% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		GMG Graphene Manufacturing GroupCA$1.2321.8%
    +CA$25.9m    		108.5%PS668.3x
    		NHHH FuelPositiveCA$0.06518.2%
    +CA$5.5m    		116.7%PB2.5x
    		EMM Giyani MetalsCA$0.1011.1%
    +CA$3.4m    		-4.8%PB1.8x
    		DYA dynaCERTCA$0.105.3%
    +CA$2.5m    		-48.7%PS66.4x
    		FCLI Full Circle LithiumCA$0.395.4%
    +CA$2.0m    		52.9%PS43x

    Latest News

    ELVA
    CA$6.32
    Electrovaya
    7D
    -1.1%
    1Y
    75.1%
    BLDP
    CA$3.79
    Ballard Power Systems
    7D
    -5.7%
    1Y
    83.1%

    BLDP: Order Backlog Declines Will Likely Pressure Revenue And Margins Ahead

    Ballard Power Systems' average analyst price target has been raised significantly, with updated targets now ranging from $2.50 to $3.40. Analysts cite better-than-expected revenue and margin performance, despite concerns over backlog and future growth visibility.
    DYA
    CA$0.10
    dynaCERT
    7D
    5.3%
    1Y
    -48.7%

    Is dynaCERT (TSE:DYA) Using Too Much Debt?

    Nov 19
    Is dynaCERT (TSE:DYA) Using Too Much Debt?
    HPS.A
    CA$165.91
    Hammond Power Solutions
    7D
    -1.1%
    1Y
    22.2%

    Hammond Power Solutions (TSE:HPS.A) Is Achieving High Returns On Its Capital

    Nov 18
    Hammond Power Solutions (TSE:HPS.A) Is Achieving High Returns On Its Capital
    HMM.A
    CA$10.75
    Hammond Manufacturing
    7D
    -5.8%
    1Y
    6.4%
    HEAT
    CA$0.12
    Hillcrest Energy Technologies
    7D
    4.5%
    1Y
    -39.5%
    NBM
    CA$0.44
    NEO Battery Materials
    7D
    -8.3%
    1Y
    -48.2%
    BES
    CA$0.075
    Braille Energy Systems
    7D
    7.1%
    1Y
    15.4%
    SUN
    CA$0.095
    Stardust Solar Energy
    7D
    -5.0%
    1Y
    -20.8%
    QESS
    CA$0.33
    Aegis Critical Energy Defence
    7D
    -13.3%
    1Y
    400.0%

    Here's Why We're Watching Energy Plug Technologies' (CSE:PLUG) Cash Burn Situation

    Oct 28
    Here's Why We're Watching Energy Plug Technologies' (CSE:PLUG) Cash Burn Situation
    EMM
    CA$0.10
    Giyani Metals
    7D
    11.1%
    1Y
    -4.8%
    GMG
    CA$1.23
    Graphene Manufacturing Group
    7D
    21.8%
    1Y
    108.5%
    EGT
    CA$0.15
    Eguana Technologies
    7D
    15.4%
    1Y
    200.0%
    FCLI
    CA$0.39
    Full Circle Lithium
    7D
    5.4%
    1Y
    52.9%
    SPRQ
    CA$0.61
    SPARQ Systems
    7D
    -1.6%
    1Y
    -14.1%
    NHHH
    CA$0.065
    FuelPositive
    7D
    18.2%
    1Y
    116.7%