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Canadian (TSX) Materials Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies1269
  • 7D-4.1%
  • 3M-5.5%
  • 1Y12.8%
  • YTD14.2%

Over the last 7 days, the Materials industry has dropped 7.0%, driven by a pullback from Barrick Gold of 7.0%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 34% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$461.1bCA$199.0bCA$1.5b13.2x316.9x2.3x
Mon, 18 Nov 2024CA$472.3bCA$196.3bCA$1.4b13.9x337.7x2.4x
Wed, 16 Oct 2024CA$511.5bCA$192.3bCA$1.4b17.1x364.3x2.7x
Fri, 13 Sep 2024CA$463.4bCA$190.6bCA$1.1b16.2x438.3x2.4x
Sun, 11 Aug 2024CA$447.2bCA$191.2bCA$1.0b15.5x426.7x2.3x
Tue, 09 Jul 2024CA$471.2bCA$191.5bCA$1.0b15.5x456.4x2.5x
Thu, 06 Jun 2024CA$460.1bCA$192.1bCA$977.7m17.1x470.6x2.4x
Sat, 04 May 2024CA$450.7bCA$191.8bCA$2.1b17.9x210.6x2.3x
Mon, 01 Apr 2024CA$425.9bCA$190.1bCA$3.6b15.4x118.7x2.2x
Wed, 28 Feb 2024CA$369.5bCA$190.4bCA$4.9b14.3x75.7x1.9x
Fri, 26 Jan 2024CA$408.3bCA$200.1bCA$5.3b12.9x76.4x2x
Sun, 24 Dec 2023CA$431.2bCA$197.9bCA$5.2b13.8x82.3x2.2x
Tue, 21 Nov 2023CA$408.6bCA$202.5bCA$5.4b12.4x76.1x2x
Thu, 19 Oct 2023CA$433.1bCA$204.9bCA$7.5b11x57.7x2.1x
Sat, 16 Sep 2023CA$439.1bCA$202.0bCA$7.6b11.4x57.9x2.2x
Mon, 14 Aug 2023CA$455.5bCA$201.6bCA$7.2b11.1x62.8x2.3x
Wed, 12 Jul 2023CA$447.4bCA$207.8bCA$14.5b11.4x30.9x2.2x
Fri, 09 Jun 2023CA$452.8bCA$208.9bCA$14.7b11.6x30.9x2.2x
Sun, 07 May 2023CA$495.0bCA$211.1bCA$16.8b13.2x29.5x2.3x
Tue, 04 Apr 2023CA$479.5bCA$217.3bCA$21.3b11.8x22.6x2.2x
Thu, 02 Mar 2023CA$455.2bCA$219.8bCA$24.5b11.4x18.6x2.1x
Sat, 28 Jan 2023CA$476.1bCA$223.1bCA$29.1b11.3x16.4x2.1x
Mon, 26 Dec 2022CA$435.0bCA$226.3bCA$29.5b9.4x14.8x1.9x
Wed, 23 Nov 2022CA$430.9bCA$223.8bCA$29.3b9.4x14.7x1.9x
Fri, 21 Oct 2022CA$394.0bCA$224.5bCA$33.1b8.3x11.9x1.8x
Sun, 18 Sep 2022CA$400.2bCA$219.5bCA$32.2b9.2x12.4x1.8x
Tue, 16 Aug 2022CA$419.7bCA$214.6bCA$31.3b9.4x13.4x2x
Thu, 14 Jul 2022CA$386.6bCA$205.8bCA$28.8b9.2x13.4x1.9x
Sat, 11 Jun 2022CA$475.6bCA$204.0bCA$28.6b11.3x16.6x2.3x
Mon, 09 May 2022CA$502.5bCA$202.4bCA$28.2b11.2x17.8x2.5x
Wed, 06 Apr 2022CA$536.2bCA$189.1bCA$24.7b12x21.7x2.8x
Fri, 04 Mar 2022CA$533.3bCA$193.8bCA$25.7b12.2x20.8x2.8x
Sun, 30 Jan 2022CA$456.9bCA$188.1bCA$24.3b9.7x18.8x2.4x
Tue, 28 Dec 2021CA$478.7bCA$187.8bCA$24.1b10.2x19.9x2.5x
Price to Earnings Ratio

19.9x


Total Market Cap: CA$478.7bTotal Earnings: CA$24.1bTotal Revenue: CA$187.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 229.1x202220232024
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 317x which is higher than its 3-year average PE of 229x.
  • The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 61% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market-2.58%
Materials-4.07%
Basic Materials-0.62%
Packaging-1.74%
Paper and Forestry Products-3.51%
Metals and Mining-4.10%
Chemicals-5.14%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 243x.
    • Analysts expect its future annual earnings growth (34.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Packaging 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
MX MethanexCA$66.632.3%
+CA$102.4m		2.9%PE20.5x
RUP Rupert ResourcesCA$4.5511.2%
+CA$99.5m		19.4%PB5.1x
NGEX NGEx MineralsCA$13.223.7%
+CA$97.3m		71.0%PB56.9x
TXG Torex Gold ResourcesCA$28.204.0%
+CA$92.9m		79.6%PE13.5x
PMET Patriot Battery MetalsCA$3.3720.4%
+CA$80.7m		-65.4%PB1.9x
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Latest News

MX

CA$66.63

Methanex

7D

2.3%

1Y

2.9%

What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

Dec 21
What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

RUP

CA$4.55

Rupert Resources

7D

11.2%

1Y

19.4%

PMET

CA$3.37

Patriot Battery Metals

7D

20.4%

1Y

-65.4%

IVN

CA$17.35

Ivanhoe Mines

7D

-4.3%

1Y

33.7%

NGEX

CA$13.22

NGEx Minerals

7D

3.7%

1Y

71.0%

K

CA$13.28

Kinross Gold

7D

-4.5%

1Y

62.1%

Calculating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)

Dec 18
Calculating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)

PAAS

CA$29.55

Pan American Silver

7D

-6.5%

1Y

33.4%

ETG

CA$2.50

Entrée Resources

7D

13.6%

1Y

111.9%

FNV

CA$166.92

Franco-Nevada

7D

-1.9%

1Y

13.1%

ABX

CA$22.22

Barrick Gold

7D

-7.0%

1Y

-7.9%

WPM

CA$82.12

Wheaton Precious Metals

7D

-4.8%

1Y

24.2%

Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

Nov 28
Wheaton Precious Metals Corp.'s (TSE:WPM) Intrinsic Value Is Potentially 30% Above Its Share Price

ALDE

CA$2.12

Aldebaran Resources

7D

22.5%

1Y

133.0%

NTR

CA$64.11

Nutrien

7D

-6.6%

1Y

-15.3%

Is Nutrien (TSE:NTR) A Risky Investment?

Nov 25
Is Nutrien (TSE:NTR) A Risky Investment?

TECK.B

CA$58.84

Teck Resources

7D

-6.2%

1Y

5.4%

TXG

CA$28.20

Torex Gold Resources

7D

4.0%

1Y

79.6%

VNP

CA$7.13

5N Plus

7D

11.1%

1Y

92.7%

Results: 5N Plus Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 07
Results: 5N Plus Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts