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Canadian (TSX) Materials Sector Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies1291
  • 7D-1.3%
  • 3M13.8%
  • 1Y-7.0%
  • YTD9.4%

Over the last 7 days, the Materials industry has dropped 1.3%, driven by declines in Nutrien and Ivanhoe Mines of 1.9% and 0.7%, respectively. However, the industry is down 7.0% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024CA$444.1bCA$191.0bCA$3.4b16.8x130.3x2.3x
Sun, 24 Mar 2024CA$409.5bCA$191.4bCA$3.4b13.6x120.2x2.1x
Tue, 20 Feb 2024CA$374.9bCA$190.9bCA$8.4b13.8x44.9x2x
Thu, 18 Jan 2024CA$402.2bCA$200.5bCA$5.4b12.8x75x2x
Sat, 16 Dec 2023CA$423.8bCA$199.1bCA$5.3b13.3x80.4x2.1x
Mon, 13 Nov 2023CA$396.7bCA$203.5bCA$5.9b12x67.5x1.9x
Wed, 11 Oct 2023CA$422.4bCA$203.6bCA$7.4b10.9x56.8x2.1x
Fri, 08 Sep 2023CA$439.1bCA$203.7bCA$7.7b11x57x2.2x
Sun, 06 Aug 2023CA$455.9bCA$200.7bCA$6.9b11.9x66.5x2.3x
Tue, 04 Jul 2023CA$445.6bCA$207.9bCA$14.5b10.4x30.7x2.1x
Thu, 01 Jun 2023CA$441.7bCA$211.5bCA$15.1b12.2x29.3x2.1x
Sat, 29 Apr 2023CA$487.2bCA$215.2bCA$19.2b12.2x25.4x2.3x
Mon, 27 Mar 2023CA$458.7bCA$221.0bCA$23.4b12x19.6x2.1x
Wed, 22 Feb 2023CA$441.7bCA$222.9bCA$25.9b11.6x17x2x
Fri, 20 Jan 2023CA$466.9bCA$224.8bCA$29.3b10.9x15.9x2.1x
Sun, 18 Dec 2022CA$432.3bCA$227.4bCA$29.7b9.6x14.5x1.9x
Tue, 15 Nov 2022CA$427.3bCA$223.0bCA$30.3b9.3x14.1x1.9x
Thu, 13 Oct 2022CA$403.5bCA$225.5bCA$33.3b8.7x12.1x1.8x
Sat, 10 Sep 2022CA$416.5bCA$216.8bCA$31.8b9.1x13.1x1.9x
Mon, 08 Aug 2022CA$402.3bCA$214.2bCA$31.3b9.4x12.9x1.9x
Wed, 06 Jul 2022CA$391.5bCA$207.0bCA$29.0b9.4x13.5x1.9x
Fri, 03 Jun 2022CA$475.5bCA$202.3bCA$28.4b11.7x16.8x2.4x
Sun, 01 May 2022CA$508.8bCA$196.5bCA$26.8b11.3x19x2.6x
Tue, 29 Mar 2022CA$553.4bCA$194.3bCA$25.8b12x21.5x2.8x
Thu, 24 Feb 2022CA$501.2bCA$193.2bCA$24.6b10.8x20.4x2.6x
Sat, 22 Jan 2022CA$471.9bCA$185.0bCA$23.7b10.3x19.9x2.6x
Mon, 20 Dec 2021CA$463.2bCA$188.0bCA$24.2b9.8x19.2x2.5x
Wed, 17 Nov 2021CA$497.8bCA$184.5bCA$23.9b11.1x20.9x2.7x
Fri, 15 Oct 2021CA$463.8bCA$174.2bCA$21.1b10.5x22x2.7x
Sun, 12 Sep 2021CA$457.8bCA$174.4bCA$21.3b10.8x21.5x2.6x
Tue, 10 Aug 2021CA$450.0bCA$174.6bCA$21.5b11.5x20.9x2.6x
Mon, 03 May 2021CA$448.6bCA$159.8bCA$15.0b14.7x29.9x2.8x
Price to Earnings Ratio

29.9x


Total Market Cap: CA$448.6bTotal Earnings: CA$15.0bTotal Revenue: CA$159.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 125.1x202220232024
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 130x which is higher than its 3-year average PE of 125x.
  • The 3-year average PS ratio of 4.7x 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 39% 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 Market0.68%
Materials-1.30%
Packaging2.39%
Basic Materials2.38%
Chemicals0.56%
Paper and Forestry Products0.0066%
Metals and Mining-1.75%
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 364x.
    • Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 22.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 15% 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$67.652.9%
+CA$1.0b		9.0%PE21.8x
WPM Wheaton Precious MetalsCA$73.411.2%
+CA$398.9m		8.2%PE45.3x
K Kinross GoldCA$9.202.6%
+CA$282.7m		33.1%PE19.9x
WPK WinpakCA$44.6810.2%
+CA$267.7m		1.1%PE14.7x
NGEX NGEx MineralsCA$9.9511.9%
+CA$198.9m		62.6%PB25.4x
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Latest News

TECK.B

CA$67.65

Teck Resources

7D

2.9%

1Y

9.0%

SIL

CA$11.57

SilverCrest Metals

7D

11.3%

1Y

29.0%

Analyst Forecasts For SilverCrest Metals Inc. (TSE:SIL) Are Surging Higher

Apr 25
Analyst Forecasts For SilverCrest Metals Inc. (TSE:SIL) Are Surging Higher

FM

CA$16.24

First Quantum Minerals

7D

0.9%

1Y

-50.8%

RGD

CA$0.62

Reunion Gold

7D

26.5%

1Y

42.5%

WPK

CA$44.68

Winpak

7D

10.2%

1Y

1.1%

EQX

CA$7.16

Equinox Gold

7D

-11.6%

1Y

6.2%

EDV

CA$28.90

Endeavour Mining

7D

-2.0%

1Y

-17.7%

Is Endeavour Mining (TSE:EDV) Using Too Much Debt?

Apr 24
Is Endeavour Mining (TSE:EDV) Using Too Much Debt?

ERO

CA$26.06

Ero Copper

7D

-6.9%

1Y

-2.3%

NTR

CA$71.12

Nutrien

7D

-1.9%

1Y

-24.1%

Nutrien Ltd. (TSE:NTR) Shares Could Be 22% Below Their Intrinsic Value Estimate

Apr 19
Nutrien Ltd. (TSE:NTR) Shares Could Be 22% Below Their Intrinsic Value Estimate

LUN

CA$15.60

Lundin Mining

7D

-2.8%

1Y

48.7%

FNV

CA$166.12

Franco-Nevada

7D

-0.8%

1Y

-20.4%

NGEX

CA$9.95

NGEx Minerals

7D

11.9%

1Y

62.6%

We Think NGEx Minerals (TSE:NGEX) Can Afford To Drive Business Growth

Apr 17
We Think NGEx Minerals (TSE:NGEX) Can Afford To Drive Business Growth

BTO

CA$3.52

B2Gold

7D

-2.8%

1Y

-35.4%

WPM

CA$73.41

Wheaton Precious Metals

7D

1.2%

1Y

8.2%

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16
Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

IVN

CA$19.22

Ivanhoe Mines

7D

-0.7%

1Y

57.7%

K

CA$9.20

Kinross Gold

7D

2.6%

1Y

33.1%