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Canadian (TSX) Electrical Components Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies15
  • 7D1.8%
  • 3M5.9%
  • 1Y56.7%
  • YTDn/a

In the last week, the Electrical Components industry is up 1.8%, with Graphene Manufacturing Group up 35%. This means that the industry has gained 57% over the past year. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026CA$4.6bCA$1.3b-CA$123,574,853.5423.6x-37.1x3.4x
Sun, 14 Dec 2025CA$4.3bCA$1.3b-CA$121,508,589.0925.9x-35.7x3.2x
Tue, 11 Nov 2025CA$4.6bCA$1.3b-CA$363,579,481.9926.7x-12.8x3.6x
Thu, 09 Oct 2025CA$3.9bCA$1.3b-CA$365,810,462.8419.9x-10.8x3.1x
Sat, 06 Sep 2025CA$3.1bCA$1.3b-CA$361,017,902.2818.2x-8.5x2.4x
Mon, 04 Aug 2025CA$3.1bCA$1.3b-CA$388,773,184.8012.6x-7.9x2.4x
Wed, 02 Jul 2025CA$2.7bCA$1.2b-CA$366,269,055.6811.4x-7.4x2.2x
Fri, 30 May 2025CA$2.5bCA$1.2b-CA$356,107,654.209.4x-6.9x2x
Sun, 27 Apr 2025CA$2.2bCA$1.2b-CA$707,562,049.229.8x-3.2x1.8x
Tue, 25 Mar 2025CA$2.3bCA$1.2b-CA$718,209,937.0310.1x-3.2x1.9x
Thu, 20 Feb 2025CA$2.5bCA$1.2b-CA$711,030,113.616.1x-3.5x2x
Sat, 18 Jan 2025CA$2.8bCA$1.2b-CA$721,608,482.535.7x-3.9x2.3x
Mon, 16 Dec 2024CA$2.8bCA$1.2b-CA$705,321,498.176.7x-4x2.3x
Wed, 13 Nov 2024CA$2.8bCA$1.2b-CA$502,848,189.3021.7x-5.5x2.3x
Fri, 11 Oct 2024CA$3.1bCA$1.2b-CA$265,280,614.2427x-11.7x2.6x
Sun, 08 Sep 2024CA$2.6bCA$1.2b-CA$263,484,400.4019.4x-9.9x2.1x
Tue, 06 Aug 2024CA$2.8bCA$1.2b-CA$272,120,024.9619.6x-10.4x2.3x
Thu, 04 Jul 2024CA$2.9bCA$1.2b-CA$278,082,597.0523.1x-10.5x2.4x
Sat, 01 Jun 2024CA$3.4bCA$1.2b-CA$280,311,457.8123.8x-12.1x2.9x
Mon, 29 Apr 2024CA$3.4bCA$1.2b-CA$241,400,353.7525.9x-14.2x2.9x
Wed, 27 Mar 2024CA$3.3bCA$1.1b-CA$243,725,968.2824.2x-13.4x2.9x
Fri, 23 Feb 2024CA$3.3bCA$1.1b-CA$264,491,864.0421.1x-12.4x3x
Sun, 21 Jan 2024CA$3.0bCA$1.1b-CA$276,354,355.0018x-11x2.7x
Tue, 19 Dec 2023CA$3.2bCA$1.1b-CA$285,458,461.0015.5x-11.2x2.9x
Thu, 16 Nov 2023CA$3.1bCA$1.1b-CA$298,507,168.0014.9x-10.5x2.8x
Sat, 14 Oct 2023CA$3.1bCA$1.1b-CA$278,105,396.0011.2x-11.1x2.9x
Mon, 11 Sep 2023CA$3.3bCA$1.1b-CA$273,691,817.0011x-12x3.1x
Wed, 09 Aug 2023CA$3.5bCA$1.1b-CA$292,440,936.0012.1x-12x3.3x
Fri, 07 Jul 2023CA$3.1bCA$1.0b-CA$293,236,550.0011.7x-10.6x3x
Sun, 04 Jun 2023CA$3.1bCA$1.0b-CA$294,645,367.009.9x-10.4x3x
Tue, 02 May 2023CA$3.1bCA$990.2m-CA$328,212,861.0010.7x-9.6x3.2x
Thu, 30 Mar 2023CA$3.6bCA$988.1m-CA$328,727,986.009.7x-10.9x3.6x
Sat, 25 Feb 2023CA$3.5bCA$981.1m-CA$357,412,910.009x-9.8x3.6x
Mon, 23 Jan 2023CA$3.3bCA$938.9m-CA$333,770,842.007.4x-9.8x3.5x
Price to Earnings Ratio

-9.8x


Total Market Cap: CA$3.3bTotal Earnings: -CA$333,770,842.00Total Revenue: CA$938.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Components Industry Price to Earnings3Y Average -10.9x202420252026
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 13% 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 Market2.30%
Industrials1.12%
Electrical1.78%
Electrical Components1.78%
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
GMG Graphene Manufacturing GroupCA$3.2035.0%
+CA$100.8m		363.8%PS1569.9x
ELVA ElectrovayaCA$12.574.5%
+CA$25.9m		247.2%PE128.7x
NBM NEO Battery MaterialsCA$0.747.2%
+CA$7.1m		-18.7%PB154.3x
EMM Giyani MetalsCA$0.0912.5%
+CA$3.3m		12.5%PB1.6x
SWAN Black Swan GrapheneCA$1.204.3%
+CA$2.7m		87.5%PB4.7x

Latest News

FCLI
CA$0.38
Full Circle Lithium
7D
-14.8%
1Y
70.5%
HPS.A
CA$160.18
Hammond Power Solutions
7D
-0.7%
1Y
39.5%

HPS.A: Rising Grid Demand And Acquisitions Will Support Long Term Margins

Analysts have raised their price targets on Hammond Power Solutions to a range of C$195 to C$211, citing updated assumptions on discount rates and long term P/E that align the Street view more closely with the current C$215.25 fair value estimate. Analyst Commentary Recent target changes show that Street expectations are converging around the current fair value estimate, with bullish analysts lifting their targets into a C$195 to C$211 range while maintaining positive ratings on the shares.
QESS
CA$0.40
Aegis Critical Energy Defence
7D
-8.1%
1Y
146.9%
HPSS
CA$0.05
Hybrid Power Solutions
7D
-9.1%
1Y
25.0%
ELVA
CA$12.57
Electrovaya
7D
4.5%
1Y
247.2%

ELVA: Equity Raise And Japan Expansion Will Shape Measured Forward Return Profile

Analysts have lifted their price target on Electrovaya from about US$9.49 to roughly US$11.75, citing updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple. What's in the News Electrovaya completed a follow on equity offering of 4,700,000 common shares at US$5.20 per share, raising about US$24.44m, with a stated discount of US$0.312 per share (Key Developments).
SUN
CA$0.13
Stardust Solar Energy
7D
18.2%
1Y
-3.7%
BLDP
CA$3.76
Ballard Power Systems
7D
-1.1%
1Y
60.0%

BLDP: Softer Backlog And Bookings Will Likely Outweigh Margin Surprise

Analysts have lifted their price targets on Ballard Power Systems into a roughly US$2.50 to US$3.40 range from prior levels around US$1.00 to US$2.00, citing better than expected Q3 revenue and gross margins, early signs of improved margin potential, and a more constructive clean tech backdrop, while they continue to wait for clearer growth visibility and order trends. Analyst Commentary Recent Street research around Ballard Power Systems clusters around higher price targets within a relatively tight band, but views still split between cautious and more constructive outlooks on execution and growth.
GMG
CA$3.20
Graphene Manufacturing Group
7D
35.0%
1Y
363.8%
EMM
CA$0.09
Giyani Metals
7D
12.5%
1Y
12.5%
SPRQ
CA$0.78
SPARQ Systems
7D
-8.2%
1Y
-33.9%
HMM.A
CA$10.64
Hammond Manufacturing
7D
-0.6%
1Y
8.5%
ABND
CA$0.04
Abound Energy
7D
-33.3%
1Y
-50.0%
GRD
CA$0.09
Grounded Lithium
7D
12.5%
1Y
125.0%
NBM
CA$0.74
NEO Battery Materials
7D
7.2%
1Y
-18.7%
SWAN
CA$1.20
Black Swan Graphene
7D
4.3%
1Y
87.5%

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