Header cover image

Canadian (TSX) Materials Sector Analysis

UpdatedDec 06, 2023
DataAggregated Company Financials
Companies1369
  • 7D-1.3%
  • 3M-7.0%
  • 1Y-7.6%
  • YTD-7.8%

Over the last 7 days, the Materials industry has dropped 1.3%, driven by a pullback from Franco-Nevada of 8.9%. Meanwhile, Ivanhoe Mines actually outperformed within the industry, gaining 9.6% in the last week. However, the industry is down 7.6% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

Has the Canadian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Dec 2023CA$420.7bCA$201.3bCA$5.4b12.5x77.9x2.1x
Fri, 03 Nov 2023CA$402.1bCA$202.3bCA$5.6b12.7x72x2x
Sun, 01 Oct 2023CA$424.6bCA$203.7bCA$7.5b11.1x56.8x2.1x
Tue, 29 Aug 2023CA$438.4bCA$202.9bCA$7.4b10.9x59.6x2.2x
Thu, 27 Jul 2023CA$466.4bCA$207.1bCA$14.0b11.8x33.3x2.3x
Sat, 24 Jun 2023CA$436.7bCA$207.3bCA$14.3b11.8x30.5x2.1x
Mon, 22 May 2023CA$469.2bCA$210.7bCA$15.0b11.8x31.2x2.2x
Wed, 19 Apr 2023CA$500.7bCA$217.1bCA$21.3b11.8x23.5x2.3x
Fri, 17 Mar 2023CA$439.5bCA$220.6bCA$23.7b11x18.6x2x
Sun, 12 Feb 2023CA$453.6bCA$223.2bCA$28.7b11.5x15.8x2x
Tue, 10 Jan 2023CA$457.1bCA$223.9bCA$29.2b10.6x15.7x2x
Thu, 08 Dec 2022CA$441.7bCA$226.7bCA$29.6b10x14.9x1.9x
Sat, 05 Nov 2022CA$400.6bCA$224.8bCA$31.5b8.3x12.7x1.8x
Mon, 03 Oct 2022CA$404.5bCA$224.8bCA$33.2b8.7x12.2x1.8x
Wed, 31 Aug 2022CA$405.0bCA$217.0bCA$32.0b9.2x12.7x1.9x
Fri, 29 Jul 2022CA$390.1bCA$205.1bCA$28.7b9.2x13.6x1.9x
Sun, 26 Jun 2022CA$421.8bCA$205.4bCA$28.8b9.8x14.7x2.1x
Tue, 24 May 2022CA$478.6bCA$203.3bCA$28.5b10.8x16.8x2.4x
Thu, 21 Apr 2022CA$561.6bCA$188.6bCA$24.7b12x22.8x3x
Sat, 19 Mar 2022CA$549.1bCA$194.0bCA$25.8b12x21.3x2.8x
Mon, 14 Feb 2022CA$500.8bCA$187.3bCA$24.1b10.8x20.8x2.7x
Wed, 12 Jan 2022CA$474.9bCA$185.9bCA$23.8b10.3x20x2.6x
Fri, 10 Dec 2021CA$461.6bCA$186.8bCA$24.1b9.4x19.2x2.5x
Sun, 07 Nov 2021CA$472.5bCA$182.6bCA$23.8b11x19.8x2.6x
Tue, 05 Oct 2021CA$434.4bCA$176.5bCA$21.4b10.3x20.3x2.5x
Thu, 02 Sep 2021CA$451.8bCA$174.6bCA$21.5b11.2x21x2.6x
Sat, 31 Jul 2021CA$466.8bCA$174.6bCA$21.5b12x21.7x2.7x
Tue, 04 May 2021CA$448.6bCA$159.8bCA$15.0b14.7x29.9x2.8x
Fri, 05 Feb 2021CA$412.6bCA$151.5bCA$8.8b15.5x46.9x2.7x
Price to Earnings Ratio

48x


Total Market Cap: CA$426.6bTotal Earnings: CA$8.9bTotal Revenue: CA$151.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 27.9x20222023
Current Industry PE
  • Investors are optimistic on the Canadian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 77.9x which is higher than its 3-year average PE of 27.9x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.9% 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 decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Materials sector?

CA Market1.36%
Materials-1.32%
Paper and Forestry Products1.25%
Packaging0.22%
Metals and Mining-1.28%
Chemicals-3.16%
Basic Materials-4.88%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 67.4x.
    • Analysts are expecting annual earnings growth of 24.6%, which is higher than its past year's earnings decline of 31.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Chemicals industry is expected to see its earnings grow by 14% 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
IVN Ivanhoe MinesCA$12.099.6%
+CA$1.1b		1.7%PE32.2x
WFG West Fraser TimberCA$105.173.3%
+CA$280.7m		2.9%PS1x
FIL FiloCA$20.209.5%
+CA$228.8m		1.1%PB19.6x
RUP Rupert ResourcesCA$4.1721.2%
+CA$148.8m		-11.1%PB5.3x
LUN Lundin MiningCA$9.412.1%
+CA$147.2m		11.8%PE15.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

LUG

CA$16.48

Lundin Gold

7D

2.2%

1Y

21.9%

LUN

CA$9.41

Lundin Mining

7D

2.1%

1Y

11.8%

AGI

CA$19.37

Alamos Gold

7D

-1.9%

1Y

46.6%

SIL

CA$8.91

SilverCrest Metals

7D

7.1%

1Y

-0.9%

FM

CA$10.98

First Quantum Minerals

7D

-13.1%

1Y

-65.5%

RUP

CA$4.17

Rupert Resources

7D

21.2%

1Y

-11.1%

FIL

CA$20.20

Filo

7D

9.5%

1Y

1.1%

FNV

CA$146.04

Franco-Nevada

7D

-8.9%

1Y

-24.6%

WFG

CA$105.17

West Fraser Timber

7D

3.3%

1Y

2.9%

An Intrinsic Calculation For West Fraser Timber Co. Ltd. (TSE:WFG) Suggests It's 49% Undervalued

Nov 27
An Intrinsic Calculation For West Fraser Timber Co. Ltd. (TSE:WFG) Suggests It's 49% Undervalued

NTR

CA$72.53

Nutrien

7D

-3.6%

1Y

-31.3%

Nutrien Ltd.'s (TSE:NTR) Intrinsic Value Is Potentially 64% Above Its Share Price

Nov 27
Nutrien Ltd.'s (TSE:NTR) Intrinsic Value Is Potentially 64% Above Its Share Price

BTO

CA$4.34

B2Gold

7D

-4.0%

1Y

-3.8%

WPM

CA$65.43

Wheaton Precious Metals

7D

-1.9%

1Y

23.5%

OR

CA$19.07

Osisko Gold Royalties

7D

-3.8%

1Y

13.1%

EDV

CA$30.55

Endeavour Mining

7D

-3.2%

1Y

8.1%

Endeavour Mining plc Just Beat EPS By 55%: Here's What Analysts Think Will Happen Next

Nov 12
Endeavour Mining plc Just Beat EPS By 55%: Here's What Analysts Think Will Happen Next

CS

CA$5.76

Capstone Copper

7D

2.5%

1Y

24.4%

IVN

CA$12.09

Ivanhoe Mines

7D

9.6%

1Y

1.7%