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Canadian (TSX) Materials Sector Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies1287
  • 7D2.7%
  • 3M1.0%
  • 1Y-8.2%
  • YTD2.1%

In the last week, the Materials industry is up 2.7%, with Teck Resources leading the way, up 8.6%. In contrast, the industry has lost 8.2% in the last 12 months. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024CA$412.5bCA$190.7bCA$3.6b13.4x115.4x2.2x
Thu, 15 Feb 2024CA$362.6bCA$191.1bCA$6.6b13x54.9x1.9x
Sat, 13 Jan 2024CA$419.6bCA$199.5bCA$5.3b13.4x78.9x2.1x
Mon, 11 Dec 2023CA$414.2bCA$201.3bCA$5.4b12.8x76.6x2.1x
Wed, 08 Nov 2023CA$411.3bCA$201.9bCA$5.4b12.4x76.3x2x
Fri, 06 Oct 2023CA$414.1bCA$204.9bCA$7.5b11x54.9x2x
Sun, 03 Sep 2023CA$453.7bCA$202.9bCA$7.6b11.3x59.5x2.2x
Tue, 01 Aug 2023CA$470.6bCA$202.6bCA$11.3b13.1x41.6x2.3x
Thu, 29 Jun 2023CA$437.0bCA$207.9bCA$14.5b11x30.2x2.1x
Sat, 27 May 2023CA$447.2bCA$211.8bCA$15.1b12x29.7x2.1x
Mon, 24 Apr 2023CA$487.7bCA$218.7bCA$21.5b11.8x22.7x2.2x
Wed, 22 Mar 2023CA$451.8bCA$220.6bCA$23.6b10.8x19.2x2x
Fri, 17 Feb 2023CA$449.9bCA$223.1bCA$26.1b10.7x17.2x2x
Sun, 15 Jan 2023CA$469.5bCA$224.0bCA$29.2b11x16.1x2.1x
Tue, 13 Dec 2022CA$440.3bCA$226.5bCA$29.6b9.6x14.9x1.9x
Thu, 10 Nov 2022CA$407.8bCA$224.3bCA$31.1b8x13.1x1.8x
Sat, 08 Oct 2022CA$405.8bCA$224.3bCA$33.1b8.7x12.3x1.8x
Mon, 05 Sep 2022CA$399.1bCA$217.3bCA$31.9b8.6x12.5x1.8x
Wed, 03 Aug 2022CA$395.7bCA$206.6bCA$29.0b9.1x13.6x1.9x
Fri, 01 Jul 2022CA$402.8bCA$205.0bCA$28.7b9.7x14x2x
Sun, 29 May 2022CA$482.4bCA$203.1bCA$28.5b11.1x16.9x2.4x
Tue, 26 Apr 2022CA$524.1bCA$191.7bCA$25.1b11.4x20.9x2.7x
Thu, 24 Mar 2022CA$562.1bCA$193.5bCA$25.4b12x22.1x2.9x
Sat, 19 Feb 2022CA$505.5bCA$193.5bCA$24.9b11.1x20.3x2.6x
Mon, 17 Jan 2022CA$475.8bCA$185.2bCA$23.7b10.3x20.1x2.6x
Wed, 15 Dec 2021CA$458.2bCA$188.4bCA$24.3b9.3x18.8x2.4x
Fri, 12 Nov 2021CA$495.9bCA$183.2bCA$23.1b11.2x21.5x2.7x
Sun, 10 Oct 2021CA$445.3bCA$175.3bCA$21.2b10.4x21x2.5x
Tue, 07 Sep 2021CA$466.6bCA$174.4bCA$21.3b10.6x21.9x2.7x
Thu, 05 Aug 2021CA$458.3bCA$174.6bCA$21.5b11.9x21.3x2.6x
Sun, 09 May 2021CA$448.6bCA$159.8bCA$15.0b14.7x29.9x2.8x
Price to Earnings Ratio

27.9x


Total Market Cap: CA$419.1bTotal Earnings: CA$15.0bTotal Revenue: CA$159.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 122.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 115x which is lower than its 3-year average PE of 123x.
  • The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 38% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.1% 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 Market0.35%
Materials2.73%
Metals and Mining3.51%
Chemicals1.18%
Basic Materials0.76%
Paper and Forestry Products-2.36%
Packaging-2.42%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry even though it's trading below its 3-year average PE ratio of 359x.
    • Analysts are expecting annual earnings growth of 23.3%, which is higher than its past year's earnings decline of 22.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 121% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Chemicals industry is expected to see its earnings grow by 9.7% 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
TECK.B Teck ResourcesCA$60.107.3%
+CA$2.1b
24.7%PE12.8x
IVN Ivanhoe MinesCA$15.988.8%
+CA$1.9b
38.4%PE47x
FM First Quantum MineralsCA$14.6912.4%
+CA$1.3b
-45.3%PS1.4x
LUN Lundin MiningCA$13.2614.1%
+CA$1.3b
68.7%PE31.4x
FNV Franco-NevadaCA$157.732.9%
+CA$841.7m
-20.2%PS18.4x
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Latest News

WPM

CA$59.79

Wheaton Precious Metals

7D

-1.4%

1Y

-5.0%

AGI

CA$18.12

Alamos Gold

7D

-2.3%

1Y

16.5%

TECK.B

CA$60.10

Teck Resources

7D

7.3%

1Y

24.7%

BTO

CA$3.46

B2Gold

7D

-4.2%

1Y

-31.9%

FM

CA$14.69

First Quantum Minerals

7D

12.4%

1Y

-45.3%

FNV

CA$157.73

Franco-Nevada

7D

2.9%

1Y

-20.2%

GLO

CA$2.17

Global Atomic

7D

-29.5%

1Y

-19.9%

IVN

CA$15.98

Ivanhoe Mines

7D

8.8%

1Y

38.4%

ABX

CA$21.17

Barrick Gold

7D

-1.1%

1Y

-14.9%

LUN

CA$13.26

Lundin Mining

7D

14.1%

1Y

68.7%

CCL.B

CA$70.82

CCL Industries

7D

-3.7%

1Y

10.7%

WFG

CA$107.56

West Fraser Timber

7D

-4.3%

1Y

8.8%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%