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Canadian (TSX) Electrical Components Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.5%
  • 3M10.5%
  • 1Y97.0%
  • YTDn/a

Over the last 7 days, the Electrical Components industry has dropped 4.5%, driven by a pullback from Hammond Power Solutions of 8.3%. In contrast, NEO Battery Materials has gained 16%. This takes the industry's 12 month performance to a gain of 97%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026CA$4.6bCA$1.3b-CA$119,245,509.3129x-38.6x3.4x
Wed, 28 Jan 2026CA$4.7bCA$1.3b-CA$120,005,419.2725.7x-39.2x3.5x
Fri, 26 Dec 2025CA$4.3bCA$1.3b-CA$120,434,088.9223.7x-35.4x3.2x
Sun, 23 Nov 2025CA$3.9bCA$1.3b-CA$127,131,281.0722.9x-30.9x3x
Tue, 21 Oct 2025CA$4.1bCA$1.3b-CA$367,992,119.4720.9x-11.3x3.2x
Thu, 18 Sep 2025CA$3.1bCA$1.3b-CA$358,711,814.9217.4x-8.7x2.5x
Sat, 16 Aug 2025CA$3.1bCA$1.3b-CA$366,317,007.9019x-8.4x2.4x
Mon, 14 Jul 2025CA$2.9bCA$1.2b-CA$373,911,435.1211x-7.9x2.4x
Wed, 11 Jun 2025CA$2.7bCA$1.2b-CA$369,151,389.7210.1x-7.3x2.2x
Fri, 09 May 2025CA$2.3bCA$1.2b-CA$638,360,981.638.9x-3.6x1.8x
Sun, 06 Apr 2025CA$2.0bCA$1.2b-CA$719,650,283.388.6x-2.7x1.6x
Tue, 04 Mar 2025CA$2.2bCA$1.2b-CA$733,657,686.099.8x-3x1.8x
Thu, 30 Jan 2025CA$2.7bCA$1.2b-CA$720,123,160.315.9x-3.7x2.2x
Sat, 28 Dec 2024CA$2.9bCA$1.2b-CA$711,244,053.266.4x-4.1x2.3x
Mon, 25 Nov 2024CA$2.9bCA$1.2b-CA$709,900,464.2025x-4.1x2.3x
Wed, 23 Oct 2024CA$3.0bCA$1.2b-CA$266,510,549.0924.7x-11.4x2.5x
Fri, 20 Sep 2024CA$3.0bCA$1.2b-CA$263,025,791.2425.6x-11.3x2.4x
Sun, 18 Aug 2024CA$2.8bCA$1.2b-CA$300,281,338.2213.4x-9.4x2.3x
Tue, 16 Jul 2024CA$3.1bCA$1.2b-CA$278,982,054.8421.3x-10.9x2.6x
Thu, 13 Jun 2024CA$3.2bCA$1.2b-CA$281,019,279.5123.8x-11.2x2.7x
Sat, 11 May 2024CA$3.2bCA$1.2b-CA$267,480,944.2922.6x-12x2.7x
Mon, 08 Apr 2024CA$3.9bCA$1.2b-CA$249,009,830.1128.4x-15.6x3.3x
Wed, 06 Mar 2024CA$3.4bCA$1.1b-CA$272,283,595.1122.4x-12.6x3.2x
Fri, 02 Feb 2024CA$3.2bCA$1.1b-CA$270,634,108.0018.5x-11.9x2.9x
Sun, 31 Dec 2023CA$3.2bCA$1.1b-CA$283,123,657.0015.8x-11.3x2.9x
Tue, 28 Nov 2023CA$3.1bCA$1.1b-CA$297,501,904.0015.8x-10.5x2.8x
Thu, 26 Oct 2023CA$3.0bCA$1.1b-CA$280,154,763.0011.7x-10.6x2.7x
Sat, 23 Sep 2023CA$3.0bCA$1.1b-CA$271,355,952.0010.5x-11.2x2.8x
Mon, 21 Aug 2023CA$3.2bCA$1.1b-CA$263,519,879.0010.5x-12.1x3x
Wed, 19 Jul 2023CA$3.4bCA$1.0b-CA$289,865,601.0012.8x-11.7x3.3x
Fri, 16 Jun 2023CA$3.2bCA$1.0b-CA$290,710,051.0010.6x-11x3.1x
Sun, 14 May 2023CA$3.2bCA$1.0b-CA$304,953,799.009.7x-10.5x3.1x
Tue, 11 Apr 2023CA$3.4bCA$989.8m-CA$336,166,335.009.8x-10.2x3.5x
Thu, 09 Mar 2023CA$3.8bCA$985.0m-CA$359,112,303.009.1x-10.5x3.8x
Price to Earnings Ratio

-10.5x


Total Market Cap: CA$3.8bTotal Earnings: -CA$359,112,303.00Total Revenue: CA$985.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Components Industry Price to Earnings3Y Average -12x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Electrical Components and Equipment industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Electrical Components and Equipment industry have improved over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

How does Canadian Electrical Components compare with similar industries?

CA Market1.82%
Industrials2.71%
Electrical-4.50%
Electrical Components-4.50%
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$2.931.7%
+CA$15.0m		79.8%PS7.2x
ELVA ElectrovayaCA$10.272.4%
+CA$13.2m		240.1%PE77.1x
NBM NEO Battery MaterialsCA$0.7811.4%
+CA$12.3m		6.8%PB13.4x
FCLI Full Circle LithiumCA$0.349.7%
+CA$3.0m		-20.0%PS35.4x
NHHH FuelPositiveCA$0.05510.0%
+CA$2.8m		n/aPB2.1x

Latest News

FCLI
CA$0.34
Full Circle Lithium
7D
9.7%
1Y
-20.0%
HPS.A
CA$196.31
Hammond Power Solutions
7D
-3.4%
1Y
144.6%
ELVA
CA$10.27
Electrovaya
7D
2.4%
1Y
240.1%

ELVA: Fiscal 2026 Purchase Pipeline Will Drive Returns

Analysts have nudged their fair value price target for Electrovaya higher from CA$11.77 to CA$12.49, citing updated views on revenue growth, profit margins, and a slightly adjusted discount rate and future P/E assumption. What's in the News Electrovaya reaffirmed earnings guidance for fiscal 2026, pointing to estimated revenue growth above 30% over fiscal 2025, with expected revenue in excess of $83 million, supported by existing purchase orders and an anticipated customer pipeline (company guidance).
NBM
CA$0.78
NEO Battery Materials
7D
11.4%
1Y
6.8%
SUN
CA$0.11
Stardust Solar Energy
7D
4.8%
1Y
-35.3%
BLDP
CA$2.93
Ballard Power Systems
7D
1.7%
1Y
79.8%

BLDP: Restructuring And Market Refocus Will Test Overvalued Shares

Analysts lifted their price target on Ballard Power Systems to CA$2.50 from CA$2.00, citing the company's restructuring, spending cuts, exit from China and Texas, and tighter focus on European and U.S. transit markets as reasons for seeing a more balanced risk and reward profile. Analyst Commentary Recent research on Ballard Power Systems points to a more balanced view, with some improvement in sentiment but still a clear layer of caution around execution, growth prospects, and valuation risk.
QESS
CA$0.39
Aegis Critical Energy Defence
7D
-4.9%
1Y
254.5%

Is Aegis Critical Energy Defence (CSE:QESS) In A Good Position To Deliver On Growth Plans?

Feb 11
Is Aegis Critical Energy Defence (CSE:QESS) In A Good Position To Deliver On Growth Plans?
HPSS
CA$0.055
Hybrid Power Solutions
7D
-8.3%
1Y
57.1%
BES
CA$0.045
Braille Energy Systems
7D
-10.0%
1Y
-25.0%
GMG
CA$2.30
Graphene Manufacturing Group
7D
-2.1%
1Y
90.1%
EGT
CA$0.13
Eguana Technologies
7D
-7.4%
1Y
-16.7%
HMM.A
CA$11.30
Hammond Manufacturing
7D
1.3%
1Y
25.4%
GRD
CA$0.06
Grounded Lithium
7D
9.1%
1Y
100.0%
SWAN
CA$0.94
Black Swan Graphene
7D
-10.5%
1Y
0%

We're Hopeful That Black Swan Graphene (CVE:SWAN) Will Use Its Cash Wisely

Oct 27
We're Hopeful That Black Swan Graphene (CVE:SWAN) Will Use Its Cash Wisely
NHHH
CA$0.055
FuelPositive
7D
10.0%
1Y
n/a