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Canadian (TSX) Electrical Industry Analysis

UpdatedMay 13, 2025
DataAggregated Company Financials
Companies13
  • 7D7.3%
  • 3M0.8%
  • 1Y-30.6%
  • YTD-20.5%

Over the last 7 days, the Electrical industry has risen 2.7%, driven by gains from Hammond Power Solutions of 6.9%. In the past year, the industry is down 30%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 May 2025CA$2.4bCA$1.2b-CA$651,225,669.649.1x-3.6x1.9x
Thu, 10 Apr 2025CA$1.9bCA$1.2b-CA$726,003,148.359.3x-2.6x1.6x
Sat, 08 Mar 2025CA$2.1bCA$1.2b-CA$737,377,374.9910.2x-2.9x1.7x
Mon, 03 Feb 2025CA$2.6bCA$1.2b-CA$732,469,807.665.7x-3.6x2.1x
Wed, 01 Jan 2025CA$2.9bCA$1.2b-CA$720,054,831.756.4x-4.1x2.4x
Fri, 29 Nov 2024CA$2.9bCA$1.2b-CA$721,541,428.1924.2x-4.1x2.4x
Sun, 27 Oct 2024CA$3.0bCA$1.2b-CA$278,070,716.6525.3x-10.7x2.4x
Tue, 24 Sep 2024CA$3.1bCA$1.2b-CA$273,522,646.6625.9x-11.2x2.5x
Thu, 22 Aug 2024CA$2.7bCA$1.2b-CA$306,358,960.3820.4x-8.9x2.2x
Sat, 20 Jul 2024CA$3.0bCA$1.2b-CA$288,129,336.4122.2x-10.5x2.5x
Mon, 17 Jun 2024CA$3.1bCA$1.2b-CA$289,386,865.1022.6x-10.6x2.6x
Wed, 15 May 2024CA$3.3bCA$1.2b-CA$275,225,985.6124.5x-12x2.8x
Fri, 12 Apr 2024CA$4.0bCA$1.2b-CA$258,620,168.9929.3x-15.3x3.4x
Sun, 10 Mar 2024CA$3.4bCA$1.1b-CA$278,865,050.3522.3x-12.3x3.2x
Tue, 06 Feb 2024CA$3.1bCA$1.1b-CA$276,777,386.2813.3x-11.4x2.9x
Thu, 04 Jan 2024CA$3.0bCA$1.1b-CA$280,860,822.0015.1x-10.6x2.8x
Sat, 02 Dec 2023CA$3.2bCA$1.1b-CA$295,362,354.0015.3x-10.7x2.8x
Mon, 30 Oct 2023CA$3.0bCA$1.1b-CA$286,238,934.0012.6x-10.5x2.7x
Wed, 27 Sep 2023CA$3.0bCA$1.1b-CA$279,632,456.009.9x-10.7x2.8x
Fri, 25 Aug 2023CA$3.1bCA$1.1b-CA$270,639,619.0010.7x-11.5x2.9x
Sun, 23 Jul 2023CA$3.4bCA$1.0b-CA$297,330,507.0011.8x-11.4x3.3x
Tue, 20 Jun 2023CA$3.2bCA$1.0b-CA$297,216,714.0010.6x-10.7x3.1x
Thu, 18 May 2023CA$3.3bCA$1.0b-CA$310,141,119.0010x-10.6x3.1x
Sat, 15 Apr 2023CA$3.4bCA$988.7m-CA$341,888,215.009.8x-10.1x3.5x
Mon, 13 Mar 2023CA$3.6bCA$1.0b-CA$354,174,316.009.3x-10.1x3.5x
Wed, 08 Feb 2023CA$3.7bCA$944.1m-CA$350,940,057.007.3x-10.6x3.9x
Fri, 06 Jan 2023CA$3.0bCA$941.4m-CA$345,714,826.006.8x-8.6x3.2x
Sun, 04 Dec 2022CA$3.5bCA$940.3m-CA$340,300,900.008.4x-10.3x3.7x
Tue, 01 Nov 2022CA$3.1bCA$935.6m-CA$318,219,858.007.7x-9.8x3.3x
Thu, 29 Sep 2022CA$3.6bCA$881.9m-CA$326,341,162.006.5x-11x4.1x
Sat, 27 Aug 2022CA$3.9bCA$873.3m-CA$309,301,309.006.7x-12.7x4.5x
Mon, 25 Jul 2022CA$3.4bCA$814.4m-CA$254,066,608.005.8x-13.3x4.2x
Wed, 22 Jun 2022CA$3.2bCA$815.1m-CA$254,928,795.006.1x-12.5x3.9x
Fri, 20 May 2022CA$3.4bCA$813.9m-CA$252,718,389.007.4x-13.4x4.2x
Price to Earnings Ratio

-13.4x


Total Market Cap: CA$3.4bTotal Earnings: -CA$252,718,389.00Total Revenue: CA$813.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electrical Industry Price to Earnings3Y Average -9.9x202320242025
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 3.0x is higher than the industry's current PS ratio of 1.9x.
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 15% 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 Market2.28%
Industrials4.04%
Electrical7.30%
Electrical Components7.36%
Heavy Electrical Equipment-4.76%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 22% over the next 5 years.
    • However this is lower than its past earnings growth rate of 30% per year.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 22% 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$98.3910.9%
    +CA$114.8m    		-10.9%PE13x
    		BLDP Ballard Power SystemsCA$1.9512.1%
    +CA$63.3m    		-52.4%PS5.9x
    		DYA dynaCERTCA$0.163.2%
    +CA$2.4m    		18.5%PS47.4x
    		FCLI Full Circle LithiumCA$0.3210.3%
    +CA$2.2m    		-8.6%PS43.2x
    		SWAN Black Swan GrapheneCA$0.832.5%
    +CA$994.3k    		-23.1%PB4x
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    Latest News

    BLDP

    CA$1.95

    Ballard Power Systems

    7D

    12.1%

    1Y

    -52.4%

    HEAT

    CA$0.10

    Hillcrest Energy Technologies

    7D

    -4.8%

    1Y

    -60.8%

    HPS.A

    CA$98.39

    Hammond Power Solutions

    7D

    10.9%

    1Y

    -10.9%

    NBM

    CA$0.59

    NEO Battery Materials

    7D

    -4.8%

    1Y

    321.4%

    SPRQ

    CA$0.90

    SPARQ Systems

    7D

    -2.2%

    1Y

    122.2%

    SPARQ Systems (CVE:SPRQ) Is In A Good Position To Deliver On Growth Plans

    May 02
    SPARQ Systems (CVE:SPRQ) Is In A Good Position To Deliver On Growth Plans

    ELVA

    CA$3.80

    Electrovaya

    7D

    0.5%

    1Y

    -18.3%

    DYA

    CA$0.16

    dynaCERT

    7D

    3.2%

    1Y

    18.5%

    HMM.A

    CA$8.57

    Hammond Manufacturing

    7D

    -3.2%

    1Y

    -21.8%

    We Think Hammond Manufacturing (TSE:HMM.A) Is Taking Some Risk With Its Debt

    Apr 09
    We Think Hammond Manufacturing (TSE:HMM.A) Is Taking Some Risk With Its Debt

    GMG

    CA$0.66

    Graphene Manufacturing Group

    7D

    -5.7%

    1Y

    76.0%

    SWAN

    CA$0.83

    Black Swan Graphene

    7D

    2.5%

    1Y

    -23.1%

    ABND

    CA$0.075

    Abound Energy

    7D

    50.0%

    1Y

    -21.1%

    BES

    CA$0.05

    Braille Energy Systems

    7D

    11.1%

    1Y

    -50.0%

    FCLI

    CA$0.32

    Full Circle Lithium

    7D

    10.3%

    1Y

    -8.6%