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Canadian (TSX) Chemicals Industry Analysis

UpdatedFeb 25, 2024
DataAggregated Company Financials
Companies33
  • 7D2.8%
  • 3M-4.2%
  • 1Y-29.4%
  • YTD-5.0%

The Chemicals industry is up 2.8% in the last week, with Nutrien up 4.3%. In the same time, Methanex was down 5.6%. However, the industry is down 29% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Feb 2024CA$43.1bCA$47.5bCA$2.1b17.2x20.1x0.9x
Tue, 23 Jan 2024CA$41.5bCA$50.1bCA$3.4b15.6x12.3x0.8x
Thu, 21 Dec 2023CA$45.3bCA$49.7bCA$3.3b13.6x13.6x0.9x
Sat, 18 Nov 2023CA$46.3bCA$51.0bCA$3.4b12.8x13.5x0.9x
Mon, 16 Oct 2023CA$48.2bCA$54.7bCA$5.5b8.1x8.8x0.9x
Wed, 13 Sep 2023CA$49.8bCA$54.4bCA$5.4b8.4x9.2x0.9x
Fri, 11 Aug 2023CA$52.5bCA$53.9bCA$5.4b11.7x9.8x1x
Sun, 09 Jul 2023CA$48.0bCA$57.4bCA$9.6b8.9x5x0.8x
Tue, 06 Jun 2023CA$44.4bCA$58.1bCA$9.7b9.2x4.6x0.8x
Thu, 04 May 2023CA$53.4bCA$61.0bCA$10.9b10x4.9x0.9x
Sat, 01 Apr 2023CA$58.3bCA$60.8bCA$10.9b8.3x5.3x1x
Mon, 27 Feb 2023CA$61.4bCA$61.3bCA$11.0b9.6x5.6x1x
Wed, 25 Jan 2023CA$63.3bCA$60.2bCA$11.0b6.1x5.7x1.1x
Fri, 23 Dec 2022CA$59.2bCA$61.4bCA$11.3b6.3x5.3x1x
Sun, 20 Nov 2022CA$61.9bCA$60.2bCA$11.0b7.1x5.6x1x
Tue, 18 Oct 2022CA$65.4bCA$59.2bCA$10.3b6.2x6.4x1.1x
Thu, 15 Sep 2022CA$72.8bCA$56.2bCA$9.7b7.4x7.5x1.3x
Sat, 13 Aug 2022CA$71.9bCA$54.7bCA$9.5b8.2x7.6x1.3x
Mon, 11 Jul 2022CA$62.3bCA$48.8bCA$6.2b7.5x10x1.3x
Wed, 08 Jun 2022CA$71.6bCA$47.4bCA$6.0b8.5x11.8x1.5x
Fri, 06 May 2022CA$83.1bCA$48.1bCA$6.1b11.7x13.6x1.7x
Sun, 03 Apr 2022CA$82.7bCA$42.9bCA$4.4b16.1x19x1.9x
Tue, 01 Mar 2022CA$70.4bCA$43.2bCA$4.4b15.9x16.1x1.6x
Thu, 27 Jan 2022CA$60.3bCA$38.3bCA$3.1b17.5x19.5x1.6x
Sat, 25 Dec 2021CA$65.2bCA$38.9bCA$3.2b19.2x20.7x1.7x
Mon, 22 Nov 2021CA$59.4bCA$38.4bCA$3.1b17.1x19.1x1.5x
Wed, 20 Oct 2021CA$61.1bCA$34.7bCA$1.2b32.5x51.7x1.8x
Fri, 17 Sep 2021CA$55.4bCA$35.6bCA$1.2b19.3x45.2x1.6x
Sun, 15 Aug 2021CA$54.0bCA$34.7bCA$1.2b26.6x45.6x1.6x
Thu, 10 Jun 2021CA$50.9bCA$32.7bCA$451.9m48.4x112.6x1.6x
Wed, 03 Mar 2021CA$47.5bCA$32.1bCA$42.6m66.9x1113.1x1.5x
Price to Earnings Ratio

1113.1x


Total Market Cap: CA$47.5bTotal Earnings: CA$42.6mTotal Revenue: CA$32.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 54x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Chemicals 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 20.1x which is lower than its 3-year average PE of 54.0x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 269% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CA Market0.97%
Materials-0.26%
Chemicals2.82%
Fertilizers and Agricultural Chemicals4.28%
Diversified Chemicals0%
Specialty Chemicals-1.69%
Industrial Gases-2.15%
Commodity Chemicals-4.72%
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 19.2x.
    • Analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings decline of 53.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 52% over the next 5 years.
  • In contrast, the Commodity 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
NTR NutrienCA$71.914.3%
+CA$1.5b
-31.3%PE20.9x
GRA NanoXploreCA$2.3614.0%
+CA$49.4m
-19.2%PS3.3x
VNP 5N PlusCA$4.432.5%
+CA$9.8m
69.7%PE58.6x
NPK Verde AgriTechCA$1.4013.8%
+CA$9.0m
-77.3%PS1.5x
CZO CeaproCA$0.2657.6%
+CA$7.4m
-63.4%PS1.8x
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Latest News

NTR

CA$71.91

Nutrien

7D

4.3%

1Y

-31.3%

HECO

CA$0.13

Global Helium

7D

4.2%

1Y

-64.3%

BOS

CA$5.27

AirBoss of America

7D

-3.5%

1Y

-45.1%

VNP

CA$4.43

5N Plus

7D

2.5%

1Y

69.7%

MX

CA$59.93

Methanex

7D

-5.6%

1Y

-10.3%

ECO

CA$5.17

EcoSynthetix

7D

-7.7%

1Y

41.3%

GRA

CA$2.36

NanoXplore

7D

14.0%

1Y

-19.2%

NANO

CA$1.59

Nano One Materials

7D

-5.4%

1Y

-56.8%

NEO

CA$7.34

Neo Performance Materials

7D

-1.1%

1Y

-30.6%

CZO

CA$0.26

Ceapro

7D

57.6%

1Y

-63.4%

IFOS

CA$1.25

Itafos

7D

-1.6%

1Y

-18.8%

GSP

CA$0.07

Gensource Potash

7D

-6.7%

1Y

-48.1%

SOP.H

CA$0.02

SOPerior Fertilizer

7D

33.3%

1Y

-60.0%