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Canadian (TSX) Electrical Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies16
  • 7D-2.8%
  • 3M1.8%
  • 1Y-13.5%
  • YTD0.6%

Over the last 7 days, the Electrical industry has dropped 2.8%, driven by Ballard Power Systems declining 6.2%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$3.2bCA$1.1b-CA$257,058,683.7821.9x-12.3x2.8x
Wed, 14 Feb 2024CA$3.3bCA$1.1b-CA$274,035,006.2120x-11.9x3x
Fri, 12 Jan 2024CA$3.2bCA$1.1b-CA$283,473,050.0015.8x-11.2x2.8x
Sun, 10 Dec 2023CA$3.2bCA$1.1b-CA$296,805,740.0015.5x-10.9x2.9x
Tue, 07 Nov 2023CA$3.3bCA$1.1b-CA$282,331,938.0013.3x-11.8x3x
Thu, 05 Oct 2023CA$3.0bCA$1.1b-CA$284,486,516.0010.1x-10.4x2.7x
Sat, 02 Sep 2023CA$3.3bCA$1.1b-CA$273,005,297.0011.4x-12.1x3.1x
Mon, 31 Jul 2023CA$3.4bCA$1.0b-CA$297,640,540.0013.5x-11.5x3.3x
Wed, 28 Jun 2023CA$3.1bCA$1.0b-CA$296,688,177.0010.9x-10.4x3x
Fri, 26 May 2023CA$3.2bCA$1.0b-CA$315,865,514.009.4x-10.2x3.1x
Sun, 23 Apr 2023CA$3.3bCA$990.6m-CA$339,425,412.009.8x-9.7x3.3x
Tue, 21 Mar 2023CA$3.4bCA$989.8m-CA$339,045,910.009.5x-10.1x3.5x
Thu, 16 Feb 2023CA$4.0bCA$978.9m-CA$361,611,253.007.9x-10.9x4x
Sat, 14 Jan 2023CA$3.4bCA$939.5m-CA$342,254,283.007.2x-9.9x3.6x
Mon, 12 Dec 2022CA$3.1bCA$941.8m-CA$343,159,690.006.8x-9x3.3x
Wed, 09 Nov 2022CA$3.0bCA$946.0m-CA$317,783,360.007.7x-9.5x3.2x
Fri, 07 Oct 2022CA$3.4bCA$882.2m-CA$326,894,771.006.8x-10.4x3.9x
Sun, 04 Sep 2022CA$3.7bCA$875.3m-CA$308,671,123.006.7x-11.8x4.2x
Tue, 02 Aug 2022CA$3.8bCA$814.0m-CA$253,618,661.006.3x-14.9x4.6x
Thu, 30 Jun 2022CA$3.1bCA$814.8m-CA$254,531,012.006.6x-12x3.8x
Sat, 28 May 2022CA$3.7bCA$813.2m-CA$252,571,061.007.4x-14.8x4.6x
Mon, 25 Apr 2022CA$4.1bCA$746.3m-CA$191,751,334.007.9x-21.4x5.5x
Wed, 23 Mar 2022CA$5.1bCA$709.3m-CA$183,848,372.007.5x-27.7x7.2x
Fri, 18 Feb 2022CA$4.5bCA$682.3m-CA$142,545,548.009x-31.6x6.6x
Sun, 16 Jan 2022CA$5.0bCA$680.9m-CA$138,584,657.009x-36.3x7.4x
Tue, 14 Dec 2021CA$5.9bCA$681.7m-CA$138,905,591.008.8x-42.6x8.7x
Thu, 11 Nov 2021CA$7.3bCA$678.2m-CA$127,012,921.008.4x-57.5x10.8x
Sat, 09 Oct 2021CA$5.9bCA$649.6m-CA$103,627,927.007.7x-57x9.1x
Mon, 06 Sep 2021CA$6.7bCA$653.1m-CA$102,644,742.418.6x-64.9x10.2x
Wed, 04 Aug 2021CA$6.2bCA$653.1m-CA$98,734,086.418.2x-62.6x9.5x
Sat, 08 May 2021CA$8.7bCA$629.0m-CA$81,058,181.296.9x-106.9x13.8x
Price to Earnings Ratio

-121.5x


Total Market Cap: CA$9.9bTotal Earnings: -CA$81,058,181.29Total Revenue: CA$629.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Industry Price to Earnings3Y Average -29.7x202220232024
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 5.8x is higher than the industry's current PS ratio of 2.8x.
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 21% 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 Market0.35%
Industrials0.27%
Electrical-2.85%
Heavy Electrical Equipment-2.12%
Electrical Components-2.85%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 14% over the next 5 years.
    • However this is lower than its past earnings growth rate of 78% per year.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 14% 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
    HPS.A Hammond Power SolutionsCA$113.640.4%
    +CA$5.7m
    214.4%PE21.9x
    DYA dynaCERTCA$0.166.7%
    +CA$4.2m
    -13.5%PS53.7x
    NHHH FuelPositiveCA$0.0511.1%
    +CA$2.6m
    -60.0%PB0.9x
    ABND Abound EnergyCA$0.2834.1%
    +CA$2.1m
    -82.3%PE-0.8x
    FCLI Full Circle LithiumCA$0.475.6%
    +CA$1.7m
    n/aPB3.3x
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    Latest News

    BLDP

    CA$3.78

    Ballard Power Systems

    7D

    -6.2%

    1Y

    -45.5%

    NBM

    CA$0.17

    NEO Battery Materials

    7D

    -10.3%

    1Y

    -37.5%

    HPS.A

    CA$113.64

    Hammond Power Solutions

    7D

    0.4%

    1Y

    214.4%

    HMM.A

    CA$10.72

    Hammond Manufacturing

    7D

    -3.9%

    1Y

    87.4%

    LPEN

    CA$0.17

    Loop Energy

    7D

    6.3%

    1Y

    -84.5%

    BES

    CA$0.14

    Braille Energy Systems

    7D

    3.8%

    1Y

    68.8%

    GMG

    CA$0.75

    Graphene Manufacturing Group

    7D

    -10.7%

    1Y

    -67.9%

    EXRO

    CA$0.76

    Exro Technologies

    7D

    -7.3%

    1Y

    -67.7%

    DYA

    CA$0.16

    dynaCERT

    7D

    6.7%

    1Y

    -13.5%

    ELVA

    CA$5.32

    Electrovaya

    7D

    -1.5%

    1Y

    2.3%

    ABND

    CA$0.28

    Abound Energy

    7D

    34.1%

    1Y

    -82.3%

    NHHH

    CA$0.05

    FuelPositive

    7D

    11.1%

    1Y

    -60.0%

    GBLT

    CA$0.025

    GBLT

    7D

    -16.7%

    1Y

    -68.8%

    FCLI

    CA$0.47

    Full Circle Lithium

    7D

    5.6%

    1Y

    n/a

    HPSS

    CA$0.41

    Hybrid Power Solutions

    7D

    2.5%

    1Y

    n/a

    VSOL

    CA$0.12

    Three Sixty Solar

    7D

    -20.0%

    1Y

    -82.4%