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Canadian (TSX) Chemicals Industry Analysis

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies27
  • 7D-5.9%
  • 3M1.4%
  • 1Y-12.2%
  • YTD-13.0%

Over the last 7 days, the Chemicals industry has dropped 5.9%, driven by Nutrien declining 7.1%. However, the industry is down 12% over the past year. Earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$40.2bCA$46.9bCA$1.2b21.2x34x0.9x
Mon, 18 Nov 2024CA$40.3bCA$46.0bCA$1.1b23.3x35.8x0.9x
Wed, 16 Oct 2024CA$40.6bCA$45.3bCA$1.1b30x36.2x0.9x
Fri, 13 Sep 2024CA$37.8bCA$44.6bCA$1.1b28.9x34.5x0.8x
Sun, 11 Aug 2024CA$38.9bCA$45.1bCA$1.1b28.8x35.1x0.9x
Tue, 09 Jul 2024CA$41.9bCA$46.9bCA$1.2b23.3x34.6x0.9x
Thu, 06 Jun 2024CA$47.3bCA$47.1bCA$1.2b23.5x39x1x
Sat, 04 May 2024CA$43.8bCA$48.1bCA$1.8b20.8x24.3x0.9x
Mon, 01 Apr 2024CA$44.0bCA$47.6bCA$2.0b21.3x22.1x0.9x
Wed, 28 Feb 2024CA$43.3bCA$47.6bCA$2.1b17.2x20.2x0.9x
Fri, 26 Jan 2024CA$41.8bCA$50.1bCA$3.4b14.7x12.4x0.8x
Sun, 24 Dec 2023CA$45.2bCA$49.3bCA$3.3b14.6x13.6x0.9x
Tue, 21 Nov 2023CA$45.8bCA$51.0bCA$3.4b12.8x13.4x0.9x
Thu, 19 Oct 2023CA$49.0bCA$54.9bCA$5.5b8.2x8.9x0.9x
Sat, 16 Sep 2023CA$49.7bCA$54.2bCA$5.4b8.6x9.2x0.9x
Mon, 14 Aug 2023CA$52.3bCA$53.9bCA$5.3b12.7x9.8x1x
Wed, 12 Jul 2023CA$47.3bCA$57.3bCA$9.6b8.8x4.9x0.8x
Fri, 09 Jun 2023CA$47.0bCA$57.7bCA$9.7b9.9x4.9x0.8x
Sun, 07 May 2023CA$51.3bCA$60.0bCA$10.8b9.8x4.8x0.9x
Tue, 04 Apr 2023CA$58.1bCA$60.4bCA$10.9b8.2x5.4x1x
Thu, 02 Mar 2023CA$62.8bCA$61.3bCA$11.0b9.5x5.7x1x
Sat, 28 Jan 2023CA$64.7bCA$60.0bCA$11.0b6.3x5.9x1.1x
Mon, 26 Dec 2022CA$59.8bCA$61.2bCA$11.2b6.4x5.3x1x
Wed, 23 Nov 2022CA$64.2bCA$60.4bCA$11.1b7.1x5.8x1.1x
Fri, 21 Oct 2022CA$68.4bCA$58.5bCA$10.1b6.5x6.8x1.2x
Sun, 18 Sep 2022CA$69.0bCA$56.7bCA$9.8b7.4x7x1.2x
Tue, 16 Aug 2022CA$71.9bCA$55.1bCA$9.5b8x7.5x1.3x
Thu, 14 Jul 2022CA$61.5bCA$48.9bCA$6.3b6.8x9.8x1.3x
Sat, 11 Jun 2022CA$70.2bCA$48.3bCA$6.2b7.8x11.4x1.5x
Mon, 09 May 2022CA$83.5bCA$48.3bCA$6.1b11.1x13.7x1.7x
Wed, 06 Apr 2022CA$80.8bCA$42.8bCA$4.3b16.2x18.6x1.9x
Fri, 04 Mar 2022CA$72.9bCA$43.2bCA$4.4b17x16.7x1.7x
Sun, 30 Jan 2022CA$59.8bCA$39.3bCA$3.4b17.3x17.5x1.5x
Tue, 28 Dec 2021CA$65.1bCA$38.9bCA$3.1b19.2x20.7x1.7x
Price to Earnings Ratio

20.7x


Total Market Cap: CA$65.1bTotal Earnings: CA$3.1bTotal Revenue: CA$38.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 16.2x202220232024
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 34.0x which is higher than its 3-year average PE of 16.2x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% 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 industry?

CA Market-3.68%
Materials-6.95%
Chemicals-5.89%
Diversified Chemicals0%
Commodity Chemicals-0.37%
Specialty Chemicals-1.57%
Fertilizers and Agricultural Chemicals-7.04%
Industrial Gases-9.58%
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 35.4%, which is higher than its past year's earnings decline of 77.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 63% over the next 5 years.
  • However this is lower than its past earnings growth rate of 221% per year.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 32% 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
MX MethanexCA$66.632.3%
+CA$102.4m		2.9%PE20.5x
VNP 5N PlusCA$7.1311.1%
+CA$63.2m		92.7%PE27.7x
ECO EcoSynthetixCA$4.252.4%
+CA$5.9m		14.9%PS10.9x
GRA NanoXploreCA$2.200.9%
+CA$3.4m		3.8%PS2.8x
AMMP AmmPowerCA$0.0716.7%
+CA$1.7m		100.0%PE-5.6x
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7D

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CA$2.20

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7D

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1Y

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CA$2.55

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CA$4.25

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7D

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1Y

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CA$0.07

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