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Canadian (TSX) Chemicals Industry Analysis

UpdatedAug 19, 2025
DataAggregated Company Financials
Companies25
  • 7D2.0%
  • 3M1.2%
  • 1Y21.1%
  • YTD16.7%

In the last week, the Chemicals industry is up 2.0%, with Nutrien up 0.9%. Meanwhile, EcoSynthetix actually underperformed within the industry, shrinking 6.7% in the last week. In the last 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Aug 2025CA$48.7bCA$44.5bCA$2.4b11.1x19.9x1.1x
Thu, 17 Jul 2025CA$48.7bCA$43.8bCA$1.1b10.5x44.9x1.1x
Sat, 14 Jun 2025CA$47.9bCA$43.5bCA$1.1b10.1x44.1x1.1x
Mon, 12 May 2025CA$44.9bCA$44.5bCA$1.1b9.4x39x1x
Wed, 09 Apr 2025CA$39.3bCA$45.8bCA$1.3b9.3x30.8x0.9x
Fri, 07 Mar 2025CA$42.9bCA$45.9bCA$1.1b21.1x38.3x0.9x
Sun, 02 Feb 2025CA$46.2bCA$47.4bCA$1.2b23x38.2x1x
Tue, 31 Dec 2024CA$40.1bCA$46.8bCA$1.2b22.5x34.1x0.9x
Thu, 28 Nov 2024CA$40.2bCA$45.7bCA$1.1b22.3x35.3x0.9x
Sat, 26 Oct 2024CA$40.6bCA$45.6bCA$1.1b30x35.9x0.9x
Mon, 23 Sep 2024CA$39.1bCA$44.6bCA$1.1b29.5x35.8x0.9x
Wed, 21 Aug 2024CA$39.9bCA$44.8bCA$1.1b29.3x37x0.9x
Fri, 19 Jul 2024CA$44.1bCA$47.2bCA$1.2b22.1x36.2x0.9x
Sun, 16 Jun 2024CA$43.2bCA$47.2bCA$1.2b23.6x35.5x0.9x
Tue, 14 May 2024CA$47.2bCA$47.0bCA$1.2b22.5x38x1x
Thu, 11 Apr 2024CA$45.9bCA$48.0bCA$2.0b21.1x22.8x1x
Sat, 09 Mar 2024CA$42.5bCA$47.5bCA$2.1b17.8x20.4x0.9x
Mon, 05 Feb 2024CA$41.6bCA$50.0bCA$3.4b15.1x12.4x0.8x
Wed, 03 Jan 2024CA$45.3bCA$49.6bCA$3.3b15.8x13.6x0.9x
Fri, 01 Dec 2023CA$44.6bCA$50.5bCA$3.4b12.4x13.1x0.9x
Sun, 29 Oct 2023CA$45.2bCA$55.3bCA$5.5b7.4x8.3x0.8x
Tue, 26 Sep 2023CA$49.2bCA$54.0bCA$5.4b8.3x9.1x0.9x
Thu, 24 Aug 2023CA$48.0bCA$54.3bCA$5.4b10.2x8.9x0.9x
Sat, 22 Jul 2023CA$49.9bCA$57.2bCA$9.6b9.1x5.2x0.9x
Mon, 19 Jun 2023CA$47.0bCA$57.1bCA$9.5b7.8x4.9x0.8x
Wed, 17 May 2023CA$49.2bCA$58.3bCA$9.7b8.3x5.1x0.8x
Fri, 14 Apr 2023CA$56.9bCA$60.0bCA$10.8b8.3x5.3x0.9x
Sun, 12 Mar 2023CA$61.3bCA$62.3bCA$11.2b9.3x5.5x1x
Tue, 07 Feb 2023CA$67.3bCA$60.2bCA$10.9b9.7x6.2x1.1x
Thu, 05 Jan 2023CA$58.1bCA$60.7bCA$11.1b5x5.2x1x
Sat, 03 Dec 2022CA$63.6bCA$60.7bCA$11.1b7x5.7x1x
Mon, 31 Oct 2022CA$67.7bCA$58.1bCA$10.1b6.8x6.7x1.2x
Wed, 28 Sep 2022CA$69.3bCA$58.7bCA$10.2b6.6x6.8x1.2x
Fri, 26 Aug 2022CA$79.6bCA$55.3bCA$9.6b8.9x8.3x1.4x
Price to Earnings Ratio

8.3x


Total Market Cap: CA$79.6bTotal Earnings: CA$9.6bTotal Revenue: CA$55.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 21.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.3x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 37% per year over the last three years,
  • Revenues have also declined 7.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

CA Market-5.09%
Materials1.86%
Chemicals2.04%
Industrial Gases12.37%
Specialty Chemicals7.76%
Commodity Chemicals6.23%
Fertilizers and Agricultural Chemicals0.95%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings growth of 12.0%, which is lower than the prior year's growth of 72.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 60% over the next 5 years.
  • However this is lower than its past earnings growth rate of 190% per year.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 9.0% 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
NTR NutrienCA$78.280.9%
+CA$330.4m		21.2%PE20.2x
HG HydroGraph Clean PowerCA$2.4339.7%
+CA$202.3m		1,844.0%PS22922.2x
MX MethanexCA$46.874.9%
+CA$167.8m		-23.1%PE10.4x
CHE.UN Chemtrade Logistics Income FundCA$12.7012.9%
+CA$163.1m		28.7%PE11.1x
NEO Neo Performance MaterialsCA$17.783.9%
+CA$29.4m		133.9%PS1.1x

Latest News

CHE.UN
CA$12.70
Chemtrade Logistics Income Fund
7D
12.9%
1Y
28.7%

Investments In Water Chemicals And Ultrapure Acid Will Secure Future Success

Analysts have raised Chemtrade Logistics Income Fund’s price target to CA$15.50, citing strong Q2 earnings, improved guidance, optimism around the North Vancouver plant lease renewal, and robust sector dynamics. Analyst Commentary Bullish analysts raise price targets following Chemtrade's strong Q2 earnings and upward revision to company guidance.
NEO
CA$17.78
Neo Performance Materials
7D
3.9%
1Y
133.9%

European Magnet Facility Expansion Will Support Clean Energy Demand

Despite an unchanged analyst price target for Neo Performance Materials, a significant increase in the future P/E ratio points to heightened valuation expectations without improvement in profitability, leaving the fair value estimate steady at CA$21.33. What's in the News Neo Performance Materials secured a $50 million supply contract for permanent rare earth magnets with a new European Tier 1 EV traction motor supplier and OEM, expanding its customer base; commercial deliveries are expected from mid-2026 via its new Narva, Estonia facility, the first sintered magnet plant outside Asia focused on EV, industrial, and wind applications.
AIM
CA$3.17
Aimia
7D
2.3%
1Y
20.5%
BU
CA$2.69
Burcon NutraScience
7D
-10.0%
1Y
-27.3%
IFOS
CA$2.98
Itafos
7D
4.9%
1Y
98.7%

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Aug 14
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MX
CA$46.87
Methanex
7D
4.9%
1Y
-23.1%
NTR
CA$78.28
Nutrien
7D
0.9%
1Y
21.2%
FORT
CA$0.18
Fort Technology
7D
-2.6%
1Y
n/a
MLP
CA$1.80
Millennial Potash
7D
5.3%
1Y
847.4%
ECO
CA$4.04
EcoSynthetix
7D
-6.7%
1Y
0%
ALTU
CA$0.19
Altura Energy
7D
-17.4%
1Y
-36.7%
HG
CA$2.43
HydroGraph Clean Power
7D
39.7%
1Y
1,844.0%
GSP
CA$0.08
Gensource Potash
7D
-5.9%
1Y
-20.0%

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May 19
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NANO
CA$1.00
Nano One Materials
7D
-2.0%
1Y
20.5%
KRN
CA$0.095
Karnalyte Resources
7D
-9.5%
1Y
-20.8%
AMMP
CA$0.025
AmmPower
7D
-16.7%
1Y
66.7%