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Canadian (TSX) Chemicals Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies34
  • 7D-0.08%
  • 3M-1.7%
  • 1Y-17.5%
  • YTD-5.7%

Over the last 7 days, the Chemicals industry has remained flat, although notably Methanex declined by 4.6%. As for the longer term, the industry has declined 18% in the last year. 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
Sat, 27 Jul 2024CA$42.2bCA$47.5bCA$1.2b22.5x34.4x0.9x
Mon, 24 Jun 2024CA$43.4bCA$47.1bCA$1.2b22.8x35.7x0.9x
Wed, 22 May 2024CA$47.7bCA$47.0bCA$1.2b28.2x39.5x1x
Fri, 19 Apr 2024CA$43.7bCA$48.3bCA$2.0b20.3x21.6x0.9x
Sun, 17 Mar 2024CA$43.3bCA$47.6bCA$2.1b17.5x20.6x0.9x
Tue, 13 Feb 2024CA$41.0bCA$49.9bCA$3.4b16.4x12.2x0.8x
Thu, 11 Jan 2024CA$42.9bCA$49.8bCA$3.3b16.3x12.8x0.9x
Sat, 09 Dec 2023CA$43.6bCA$50.5bCA$3.4b12.9x12.9x0.9x
Mon, 06 Nov 2023CA$45.5bCA$50.9bCA$3.3b12.7x13.6x0.9x
Wed, 04 Oct 2023CA$48.0bCA$54.8bCA$5.5b7.7x8.8x0.9x
Fri, 01 Sep 2023CA$50.1bCA$54.2bCA$5.4b8.5x9.3x0.9x
Sun, 30 Jul 2023CA$51.9bCA$57.0bCA$9.5b11.9x5.5x0.9x
Tue, 27 Jun 2023CA$46.2bCA$56.9bCA$9.5b7.9x4.9x0.8x
Thu, 25 May 2023CA$46.7bCA$58.8bCA$9.8b9.1x4.8x0.8x
Sat, 22 Apr 2023CA$55.9bCA$60.9bCA$11.0b8.1x5.1x0.9x
Mon, 20 Mar 2023CA$58.1bCA$61.7bCA$11.1b8.5x5.2x0.9x
Wed, 15 Feb 2023CA$62.8bCA$59.7bCA$10.8b9.9x5.8x1.1x
Fri, 13 Jan 2023CA$61.6bCA$60.2bCA$11.0b6.1x5.6x1x
Sun, 11 Dec 2022CA$62.1bCA$61.3bCA$11.2b6.9x5.5x1x
Tue, 08 Nov 2022CA$59.2bCA$60.5bCA$11.1b6.5x5.3x1x
Thu, 06 Oct 2022CA$69.1bCA$58.4bCA$10.1b7x6.8x1.2x
Sat, 03 Sep 2022CA$73.2bCA$56.0bCA$9.7b7.6x7.6x1.3x
Mon, 01 Aug 2022CA$68.3bCA$48.4bCA$6.2b8.1x11x1.4x
Wed, 29 Jun 2022CA$67.6bCA$48.6bCA$6.2b7.1x10.9x1.4x
Fri, 27 May 2022CA$78.7bCA$48.4bCA$6.2b7.7x12.7x1.6x
Sun, 24 Apr 2022CA$83.1bCA$43.6bCA$4.4b13.7x18.7x1.9x
Tue, 22 Mar 2022CA$84.0bCA$43.1bCA$4.3b18.5x19.4x1.9x
Thu, 17 Feb 2022CA$64.3bCA$39.1bCA$3.4b16.6x18.9x1.6x
Sat, 15 Jan 2022CA$61.8bCA$38.2bCA$3.1b18.7x20.1x1.6x
Mon, 13 Dec 2021CA$61.0bCA$38.6bCA$3.1b17.7x19.5x1.6x
Wed, 10 Nov 2021CA$59.8bCA$37.8bCA$3.0b15.6x19.9x1.6x
Fri, 08 Oct 2021CA$60.2bCA$35.2bCA$1.2b32x50x1.7x
Sun, 05 Sep 2021CA$53.1bCA$34.7bCA$1.2b30.2x44.9x1.5x
Tue, 03 Aug 2021CA$50.9bCA$34.7bCA$1.2b26.9x43x1.5x
Price to Earnings Ratio

43x


Total Market Cap: CA$50.9bTotal Earnings: CA$1.2bTotal Revenue: CA$34.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 16.3x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.4x which is higher than its 3-year average PE of 16.3x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 and as a result, profits have held steady.

Industry Trends

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

CA Market-0.31%
Materials-2.18%
Chemicals-0.08%
Fertilizers and Agricultural Chemicals0.60%
Diversified Chemicals0%
Specialty Chemicals-0.57%
Commodity Chemicals-3.54%
Industrial Gases-4.95%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings decline of 87.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 24% over the next 5 years.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 4.2% 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$70.822.1%
+CA$712.4m		-21.0%PE30x
VNP 5N PlusCA$5.915.7%
+CA$28.5m		55.5%PE23.1x
GRA NanoXploreCA$2.574.5%
+CA$18.8m		-17.6%PS3.5x
CHE.UN Chemtrade Logistics Income FundCA$9.561.7%
+CA$18.7m		8.5%PE5.3x
AIM AimiaCA$2.713.4%
+CA$5.2m		-18.4%PS0.8x
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Latest News

BOS

CA$5.02

AirBoss of America

7D

-8.1%

1Y

-0.6%

CHE.UN

CA$9.56

Chemtrade Logistics Income Fund

7D

1.7%

1Y

8.5%

Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055

Jul 26
Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055

NEO

CA$7.99

Neo Performance Materials

7D

-3.4%

1Y

-4.9%

NPK

CA$0.81

Verde AgriTech

7D

-8.0%

1Y

-74.9%

Verde AgriTech (TSE:NPK) Is Making Moderate Use Of Debt

Jul 23
Verde AgriTech (TSE:NPK) Is Making Moderate Use Of Debt

MX

CA$65.73

Methanex

7D

-3.5%

1Y

12.9%

ECO

CA$4.20

EcoSynthetix

7D

-2.3%

1Y

8.2%

NTR

CA$70.82

Nutrien

7D

2.1%

1Y

-21.0%

Nutrien Ltd.'s (TSE:NTR) Shareholders Might Be Looking For Exit

Jul 17
Nutrien Ltd.'s (TSE:NTR) Shareholders Might Be Looking For Exit

NANO

CA$1.20

Nano One Materials

7D

-5.5%

1Y

-63.2%

AIM

CA$2.71

Aimia

7D

3.4%

1Y

-18.4%

GRA

CA$2.57

NanoXplore

7D

4.5%

1Y

-17.6%

IFOS

CA$1.35

Itafos

7D

-1.5%

1Y

-1.5%

VNP

CA$5.91

5N Plus

7D

5.7%

1Y

55.5%

HEVI

CA$0.12

Helium Evolution

7D

4.3%

1Y

-27.3%

CZO

CA$0.23

Ceapro

7D

-16.7%

1Y

-51.1%

BEE

CA$0.015

Bee Vectoring Technologies International

7D

50.0%

1Y

-81.3%

MGRO

CA$0.78

MustGrow Biologics

7D

5.4%

1Y

-57.8%