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Canadian (TSX) Chemicals Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies24
  • 7D2.8%
  • 3M9.4%
  • 1Y26.4%
  • YTD29.2%

The Chemicals industry is up 2.8% in the last week, with Nutrien up 5.5%. In the same time, 5N Plus was down 5.5%. This takes the industry's 12 month performance to a gain of 26%. Earnings are forecast to grow by 6.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Dec 2025CA$53.5bCA$45.4bCA$3.0b15.4x17.7x1.2x
Wed, 12 Nov 2025CA$52.1bCA$46.0bCA$3.1b13.7x16.8x1.1x
Fri, 10 Oct 2025CA$52.7bCA$45.1bCA$2.5b11.7x21.2x1.2x
Sun, 07 Sep 2025CA$48.7bCA$44.6bCA$2.5b11.8x19.8x1.1x
Tue, 05 Aug 2025CA$48.7bCA$43.9bCA$1.1b10.2x42.9x1.1x
Thu, 03 Jul 2025CA$47.0bCA$43.5bCA$1.1b10.6x43.6x1.1x
Sat, 31 May 2025CA$47.0bCA$43.9bCA$1.1b9.7x42.6x1.1x
Mon, 28 Apr 2025CA$43.4bCA$44.6bCA$1.2b10.7x35.2x1x
Wed, 26 Mar 2025CA$44.2bCA$45.9bCA$1.3b12x35.1x1x
Fri, 21 Feb 2025CA$45.1bCA$45.5bCA$1.1b23.3x40.8x1x
Sun, 19 Jan 2025CA$45.5bCA$47.1bCA$1.2b23.5x38.4x1x
Tue, 17 Dec 2024CA$42.0bCA$46.4bCA$1.2b21.4x36x0.9x
Thu, 14 Nov 2024CA$40.3bCA$45.8bCA$1.1b25x35.6x0.9x
Sat, 12 Oct 2024CA$41.4bCA$45.2bCA$1.1b30.7x37.4x0.9x
Mon, 09 Sep 2024CA$38.7bCA$44.6bCA$1.1b29x35.4x0.9x
Wed, 07 Aug 2024CA$40.6bCA$47.4bCA$1.2b27.6x34.1x0.9x
Fri, 05 Jul 2024CA$43.1bCA$46.8bCA$1.2b24.8x35.7x0.9x
Sun, 02 Jun 2024CA$48.4bCA$46.9bCA$1.2b28.6x40.2x1x
Tue, 30 Apr 2024CA$43.5bCA$47.8bCA$2.0b20.8x21.7x0.9x
Thu, 28 Mar 2024CA$43.7bCA$47.7bCA$2.0b21.2x21.8x0.9x
Sat, 24 Feb 2024CA$43.1bCA$47.5bCA$2.1b17.2x20.1x0.9x
Mon, 22 Jan 2024CA$41.6bCA$50.0bCA$3.4b15.3x12.4x0.8x
Wed, 20 Dec 2023CA$45.3bCA$49.6bCA$3.3b14x13.6x0.9x
Fri, 17 Nov 2023CA$46.3bCA$51.2bCA$3.4b12.8x13.5x0.9x
Sun, 15 Oct 2023CA$48.2bCA$54.7bCA$5.5b8.1x8.8x0.9x
Tue, 12 Sep 2023CA$49.8bCA$54.4bCA$5.4b8.4x9.2x0.9x
Thu, 10 Aug 2023CA$53.1bCA$53.9bCA$5.4b11.6x9.8x1x
Sat, 08 Jul 2023CA$48.0bCA$57.4bCA$9.6b8.9x5x0.8x
Mon, 05 Jun 2023CA$44.4bCA$58.0bCA$9.7b8.7x4.6x0.8x
Wed, 03 May 2023CA$54.7bCA$61.0bCA$10.9b7.7x5x0.9x
Fri, 31 Mar 2023CA$57.4bCA$60.8bCA$10.9b8.3x5.2x0.9x
Sun, 26 Feb 2023CA$61.4bCA$61.3bCA$11.0b9.6x5.6x1x
Tue, 24 Jan 2023CA$63.6bCA$60.3bCA$11.0b6.2x5.8x1.1x
Thu, 22 Dec 2022CA$60.0bCA$61.2bCA$11.2b6.5x5.3x1x
Price to Earnings Ratio

5.3x


Total Market Cap: CA$60.0bTotal Earnings: CA$11.2bTotal Revenue: CA$61.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 22.6x202320242025
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 17.7x which is lower than its 3-year average PE of 22.6x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 35% per year over the last three years,
  • Revenues have also declined 9.5% 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 Market0.76%
Materials3.83%
Chemicals2.84%
Fertilizers and Agricultural Chemicals3.60%
Commodity Chemicals3.01%
Industrial Gases0%0
Specialty Chemicals-4.88%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 43.6%, which is lower than the prior year's growth of 175.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 44% over the next 5 years.
  • However this is lower than its past earnings growth rate of 176% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 2.3% 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$86.465.5%
+CA$2.2b		29.4%PE16.8x
MX MethanexCA$54.203.1%
+CA$124.5m		-17.4%PE14.2x
CHE.UN Chemtrade Logistics Income FundCA$14.876.3%
+CA$93.2m		33.8%PE15.4x
MLP Millennial PotashCA$3.6614.0%
+CA$49.2m		1,140.7%PB21.1x
IFOS ItafosCA$2.933.2%
+CA$17.4m		69.4%PE3.3x

Latest News

ERTH
CA$0.14
Replenish Nutrients Holding
7D
-12.9%
1Y
237.5%

Replenish Nutrients Holding (CSE:ERTH) Is Making Moderate Use Of Debt

Dec 15
Replenish Nutrients Holding (CSE:ERTH) Is Making Moderate Use Of Debt
VNP
CA$18.42
5N Plus
7D
-5.5%
1Y
182.1%

VNP: Resilient Margins Expected To Support Share Gains After Rating Reaffirmation

Analysts have raised their price target on 5N Plus to C$24 from C$19, citing sustained expectations for double digit revenue growth, resilient profit margins, and a modestly higher future P/E multiple to reflect the company's improving outlook. Analyst Commentary Recent research updates highlight a more constructive stance on 5N Plus, with bullish analysts pointing to improved growth visibility and a stronger fundamental backdrop as justification for a higher valuation.
CHE.UN
CA$14.87
Chemtrade Logistics Income Fund
7D
6.3%
1Y
33.8%

CHE.UN: Recent Rating Upgrades Will Drive Further Upside Potential

Analysts have lifted their price target on Chemtrade Logistics Income Fund from C$16 to a range of C$18 to C$21, reflecting increased confidence in the company’s growth prospects, profitability profile, and valuation. Analyst Commentary Analyst updates on Chemtrade Logistics Income Fund have been uniformly constructive, with multiple firms lifting both ratings and price targets as they reassess the company’s earnings power and growth outlook.
NTR
CA$86.46
Nutrien
7D
5.5%
1Y
29.4%
NEO
CA$16.19
Neo Performance Materials
7D
-2.9%
1Y
100.6%
HG
CA$2.64
HydroGraph Clean Power
7D
-8.7%
1Y
1,452.9%
MX
CA$54.20
Methanex
7D
3.1%
1Y
-17.4%
NANO
CA$1.24
Nano One Materials
7D
0.8%
1Y
42.5%
RZL
CA$0.47
RZOLV Technologies
7D
-6.9%
1Y
n/a
CH
CA$0.26
Charbone Hydrogen
7D
-11.9%
1Y
160.0%
KRN
CA$0.27
Karnalyte Resources
7D
55.9%
1Y
96.3%
IFOS
CA$2.93
Itafos
7D
3.2%
1Y
69.4%
MLP
CA$3.66
Millennial Potash
7D
14.0%
1Y
1,140.7%
AIM
CA$2.72
Aimia
7D
-2.5%
1Y
2.3%
ECO
CA$4.05
EcoSynthetix
7D
-2.2%
1Y
-3.6%
AUUA
CA$3.50
Aluula Composites
7D
5.7%
1Y
75.0%