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Canadian (TSX) Electrical Components Industry Analysis

UpdatedSep 13, 2025
DataAggregated Company Financials
Companies13
  • 7D-1.6%
  • 3M15.7%
  • 1Y11.9%
  • YTDn/a

Over the last 7 days, the Electrical Components industry has dropped 1.6%, driven by a pullback from Hammond Power Solutions of 7.0%. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Sep 2025CA$3.1bCA$1.3b-CA$360,945,301.1916.9x-8.5x2.4x
Mon, 11 Aug 2025CA$3.2bCA$1.3b-CA$387,617,869.7312.9x-8.2x2.5x
Wed, 09 Jul 2025CA$2.9bCA$1.2b-CA$373,857,106.1911.8x-7.8x2.4x
Fri, 06 Jun 2025CA$2.5bCA$1.2b-CA$353,643,430.3410.1x-7x2x
Sun, 04 May 2025CA$2.3bCA$1.2b-CA$688,848,242.1110.5x-3.3x1.9x
Tue, 01 Apr 2025CA$2.1bCA$1.2b-CA$719,417,945.528.9x-2.9x1.7x
Thu, 27 Feb 2025CA$2.3bCA$1.2b-CA$723,459,017.095.7x-3.1x1.8x
Sat, 25 Jan 2025CA$2.9bCA$1.2b-CA$717,723,432.346x-4x2.3x
Mon, 23 Dec 2024CA$2.8bCA$1.2b-CA$709,734,475.496.4x-4x2.3x
Wed, 20 Nov 2024CA$2.7bCA$1.2b-CA$710,084,047.0623x-3.8x2.2x
Fri, 18 Oct 2024CA$3.0bCA$1.2b-CA$266,172,915.1925.8x-11.1x2.4x
Sun, 15 Sep 2024CA$2.9bCA$1.2b-CA$263,466,833.9323x-11x2.4x
Tue, 13 Aug 2024CA$2.9bCA$1.2b-CA$284,478,738.7619.8x-10.2x2.4x
Thu, 11 Jul 2024CA$2.9bCA$1.2b-CA$278,087,820.0721.6x-10.5x2.5x
Sat, 08 Jun 2024CA$3.2bCA$1.2b-CA$281,323,802.5223.1x-11.5x2.7x
Mon, 06 May 2024CA$3.1bCA$1.2b-CA$255,757,292.2122.6x-12.3x2.6x
Wed, 03 Apr 2024CA$3.8bCA$1.2b-CA$248,661,433.2627.6x-15.1x3.2x
Fri, 01 Mar 2024CA$3.3bCA$1.1b-CA$272,144,797.2022.4x-12.3x3.1x
Sun, 28 Jan 2024CA$3.2bCA$1.1b-CA$275,948,823.0018x-11.5x2.8x
Tue, 26 Dec 2023CA$3.1bCA$1.1b-CA$283,262,544.0014.9x-11x2.8x
Thu, 23 Nov 2023CA$3.2bCA$1.1b-CA$298,797,317.0015.7x-10.9x2.9x
Sat, 21 Oct 2023CA$2.9bCA$1.1b-CA$278,922,294.0011.5x-10.6x2.7x
Mon, 18 Sep 2023CA$3.3bCA$1.1b-CA$271,997,215.0010.4x-12.2x3.1x
Wed, 16 Aug 2023CA$3.3bCA$1.1b-CA$262,790,960.0010.9x-12.7x3.1x
Fri, 14 Jul 2023CA$3.3bCA$1.0b-CA$288,863,566.0011.6x-11.5x3.2x
Sun, 11 Jun 2023CA$3.0bCA$1.0b-CA$293,302,468.0010.3x-10.4x3x
Tue, 09 May 2023CA$3.3bCA$1.1b-CA$313,280,022.0010.2x-10.7x3.2x
Thu, 06 Apr 2023CA$3.4bCA$989.2m-CA$335,216,620.009.3x-10x3.4x
Sat, 04 Mar 2023CA$3.7bCA$981.0m-CA$357,987,020.007.9x-10.3x3.8x
Mon, 30 Jan 2023CA$3.6bCA$938.3m-CA$332,510,633.007.3x-10.9x3.9x
Wed, 28 Dec 2022CA$2.8bCA$941.0m-CA$337,505,741.006.9x-8.3x3x
Fri, 25 Nov 2022CA$3.3bCA$938.4m-CA$324,283,639.007.8x-10.2x3.5x
Sun, 23 Oct 2022CA$3.0bCA$881.8m-CA$319,329,807.007.5x-9.6x3.5x
Tue, 20 Sep 2022CA$3.7bCA$877.3m-CA$311,946,644.006.6x-11.7x4.2x
Price to Earnings Ratio

-11.7x


Total Market Cap: CA$3.7bTotal Earnings: -CA$311,946,644.00Total Revenue: CA$877.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Components Industry Price to Earnings3Y Average -9.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Electrical Components and Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Electrical Components and Equipment 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 Comparison

How does Canadian Electrical Components compare with similar industries?

CA Market0.91%
Industrials-1.16%
Electrical-1.56%
Electrical Components-1.56%
Heavy Electrical Equipment0%0
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
BLDP Ballard Power SystemsCA$2.884.7%
+CA$39.1m		18.5%PS8.6x
NBM NEO Battery MaterialsCA$0.7062.8%
+CA$32.7m		636.8%PB175.2x
SPRQ SPARQ SystemsCA$0.836.4%
+CA$5.8m		27.7%PS54x
HMM.A Hammond ManufacturingCA$9.665.5%
+CA$5.7m		10.0%PE6.1x
EGT Eguana TechnologiesCA$0.17120.0%
+CA$4.1m		230.0%PS3.2x

Latest News

EMM
CA$0.07
Giyani Metals
7D
0%
1Y
-12.5%
GMG
CA$0.78
Graphene Manufacturing Group
7D
-7.7%
1Y
20.0%
FCLI
CA$0.28
Full Circle Lithium
7D
10.0%
1Y
37.5%
SWAN
CA$1.38
Black Swan Graphene
7D
-4.8%
1Y
64.3%
HPS.A
CA$113.02
Hammond Power Solutions
7D
-7.0%
1Y
-11.3%
EGT
CA$0.17
Eguana Technologies
7D
120.0%
1Y
230.0%
ABND
CA$0.035
Abound Energy
7D
-22.2%
1Y
-61.1%
SPRQ
CA$0.83
SPARQ Systems
7D
6.4%
1Y
27.7%
GRD
CA$0.055
Grounded Lithium
7D
-8.3%
1Y
57.1%
HPSS
CA$0.04
Hybrid Power Solutions
7D
-11.1%
1Y
-63.6%
NBM
CA$0.70
NEO Battery Materials
7D
62.8%
1Y
636.8%
ELVA
CA$8.13
Electrovaya
7D
-4.8%
1Y
170.1%

Jamestown Cell Manufacturing And Battery Insights Will Build Resilience

Driven by significant increases in both Electrovaya's future P/E ratio and net profit margin, analysts have notably raised the consensus price target from CA$4.50 to CA$6.01. What's in the News Launched battery systems for airport ground support equipment in partnership with a major OEM; first commercial shipment set for August and products to be showcased at the International GSE Expo.
BLDP
CA$2.88
Ballard Power Systems
7D
4.7%
1Y
18.5%

Overvaluation And Policy Tailwinds Will Reshape Hydrogen Mobility

Despite ongoing restructuring under new leadership and a strong cash position to weather hydrogen market headwinds, continued uncertainty and execution risks have prompted analysts to maintain a cautious outlook, leaving Ballard Power Systems’ consensus price target unchanged at CA$1.62. Analyst Commentary Ballard Power is undertaking a restructuring under new leadership with the goal to achieve profitability and be cash flow positive by the end of 2027.
DYA
CA$0.14
dynaCERT
7D
3.7%
1Y
-31.7%
HMM.A
CA$9.66
Hammond Manufacturing
7D
5.5%
1Y
10.0%
NHHH
CA$0.075
FuelPositive
7D
7.1%
1Y
87.5%