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Canadian (TSX) Electrical Components Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies13
  • 7D11.9%
  • 3M18.3%
  • 1Y152.4%
  • YTDn/a

Hammond Power Solutions is up 8.8%, leading the way for the Electrical Components industry, which has gained 21%. During this same period, the FuelPositive underperformed, falling 20%. This means that the industry has gained 159% 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
Thu, 16 Apr 2026CA$5.5bCA$1.4b-CA$93,308,347.1336.2x-59.2x3.9x
Sat, 14 Mar 2026CA$4.6bCA$1.4b-CA$101,924,695.6427.1x-45x3.4x
Mon, 09 Feb 2026CA$4.6bCA$1.3b-CA$121,275,698.3629.1x-38.2x3.5x
Wed, 07 Jan 2026CA$4.5bCA$1.3b-CA$122,523,333.0024.5x-36.9x3.4x
Fri, 05 Dec 2025CA$4.2bCA$1.3b-CA$126,877,812.6225.4x-33.4x3.2x
Sun, 02 Nov 2025CA$5.0bCA$1.3b-CA$363,344,804.3731.6x-13.9x3.9x
Tue, 30 Sep 2025CA$3.5bCA$1.3b-CA$362,853,100.8818.3x-9.5x2.7x
Thu, 28 Aug 2025CA$3.1bCA$1.3b-CA$360,803,439.0217.6x-8.6x2.4x
Sat, 26 Jul 2025CA$3.3bCA$1.3b-CA$384,744,908.2811.6x-8.7x2.7x
Mon, 23 Jun 2025CA$2.7bCA$1.2b-CA$371,150,889.4310.5x-7.2x2.2x
Wed, 21 May 2025CA$2.5bCA$1.2b-CA$359,784,734.129.6x-6.9x2x
Fri, 18 Apr 2025CA$2.1bCA$1.2b-CA$706,843,371.809.4x-3x1.7x
Sun, 16 Mar 2025CA$2.2bCA$1.2b-CA$723,529,682.019.6x-3.1x1.9x
Tue, 11 Feb 2025CA$2.5bCA$1.2b-CA$714,738,018.325.9x-3.5x2x
Thu, 09 Jan 2025CA$3.0bCA$1.2b-CA$718,812,806.896.6x-4.2x2.5x
Sat, 07 Dec 2024CA$3.0bCA$1.2b-CA$699,545,224.6514.9x-4.3x2.4x
Mon, 04 Nov 2024CA$2.8bCA$1.2b-CA$266,433,927.8821.8x-10.5x2.3x
Wed, 02 Oct 2024CA$3.1bCA$1.2b-CA$261,147,821.1425.7x-11.9x2.5x
Fri, 30 Aug 2024CA$2.8bCA$1.2b-CA$296,447,411.3422.3x-9.6x2.3x
Sun, 28 Jul 2024CA$3.1bCA$1.2b-CA$271,052,209.1021.1x-11.4x2.5x
Tue, 25 Jun 2024CA$2.9bCA$1.2b-CA$279,703,487.1222x-10.3x2.4x
Thu, 23 May 2024CA$3.6bCA$1.2b-CA$279,547,347.3016.1x-13x3.1x
Sat, 20 Apr 2024CA$3.4bCA$1.2b-CA$251,571,133.5225.7x-13.7x3x
Mon, 18 Mar 2024CA$3.2bCA$1.1b-CA$248,838,239.7821.9x-12.7x2.8x
Wed, 14 Feb 2024CA$3.3bCA$1.1b-CA$265,814,562.2120x-12.2x3x
Fri, 12 Jan 2024CA$3.2bCA$1.1b-CA$275,252,606.0015.8x-11.4x2.8x
Sun, 10 Dec 2023CA$3.2bCA$1.1b-CA$288,585,296.0015.5x-11.1x2.9x
Tue, 07 Nov 2023CA$3.3bCA$1.1b-CA$274,545,604.0013.3x-12.1x3x
Thu, 05 Oct 2023CA$2.9bCA$1.1b-CA$276,700,182.0010.1x-10.6x2.7x
Sat, 02 Sep 2023CA$3.3bCA$1.1b-CA$265,218,963.0011.4x-12.3x3x
Mon, 31 Jul 2023CA$3.4bCA$1.0b-CA$290,987,539.0013.5x-11.6x3.3x
Wed, 28 Jun 2023CA$3.0bCA$1.0b-CA$290,035,176.0010.9x-10.5x2.9x
Fri, 26 May 2023CA$3.2bCA$1.0b-CA$309,518,574.009.4x-10.3x3x
Sun, 23 Apr 2023CA$3.3bCA$990.2m-CA$331,135,849.009.8x-9.8x3.3x
Price to Earnings Ratio

-9.8x


Total Market Cap: CA$3.3bTotal Earnings: -CA$331,135,849.00Total Revenue: CA$990.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Components Industry Price to Earnings3Y Average -13.4x202420252026
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 3.8x.
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 Market1.73%
Industrials1.28%
Electrical11.92%
Electrical Components11.92%
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
HPS.A Hammond Power SolutionsCA$219.818.8%
+CA$212.0m		171.3%PE36.2x
BLDP Ballard Power SystemsCA$4.2117.3%
+CA$186.6m		155.2%PS9.3x
ELVA ElectrovayaCA$13.0115.4%
+CA$86.0m		274.9%PE97.1x
GMG Graphene Manufacturing GroupCA$2.8529.0%
+CA$79.9m		307.1%PS1235.8x
SPRQ SPARQ SystemsCA$0.8643.3%
+CA$30.4m		-9.5%PS39.9x

Latest News

GMG
CA$2.85
Graphene Manufacturing Group
7D
29.0%
1Y
307.1%
FCLI
CA$0.47
Full Circle Lithium
7D
10.6%
1Y
77.4%
BLDP
CA$4.21
Ballard Power Systems
7D
17.3%
1Y
155.2%
HPS.A
CA$219.81
Hammond Power Solutions
7D
8.8%
1Y
171.3%

HPS.A: Updated Discount Rate And P/E Assumptions Will Shape Future Return Profile

Analysts have lifted their fair value estimate for Hammond Power Solutions to CA$239.00 from CA$235.25, citing recent upward revisions to Street price targets and updated assumptions for the discount rate and forward P/E. Analyst Commentary Recent Street research has focused on incremental price target adjustments and how they line up with the updated fair value estimate of CA$239.00.
SWAN
CA$1.14
Black Swan Graphene
7D
-4.2%
1Y
44.3%
GRD
CA$0.08
Grounded Lithium
7D
23.1%
1Y
220.0%
ELVA
CA$13.01
Electrovaya
7D
15.4%
1Y
274.9%

ELVA: Fortune 500 Orders And 2026 Guidance Will Shape Balanced Outlook

Analysts have modestly reduced their price target on Electrovaya to reflect a slightly lower assumed future P/E multiple, while keeping core assumptions such as revenue growth, profit margin, and fair value in CA$ terms essentially unchanged. What's in the News Received new purchase orders of about US$10.5 million through its OEM sales channel for Infinity battery systems used in material handling electric vehicles at multiple distribution centers for a Fortune 500 U.S. customer (Key Developments).
SPRQ
CA$0.86
SPARQ Systems
7D
43.3%
1Y
-9.5%
MVI.H
CA$0.07
Monitor Ventures
7D
-6.7%
1Y
n/a
NHHH
CA$0.04
FuelPositive
7D
-20.0%
1Y
n/a
HMM.A
CA$10.35
Hammond Manufacturing
7D
-4.0%
1Y
25.9%
NBM
CA$0.58
NEO Battery Materials
7D
9.4%
1Y
-13.4%
SUN
CA$0.085
Stardust Solar Energy
7D
-10.5%
1Y
-39.3%
HPSS
CA$0.05
Hybrid Power Solutions
7D
-16.7%
1Y
-9.1%