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Canadian (TSX) Chemicals Industry Analysis

UpdatedDec 27, 2025
DataAggregated Company Financials
Companies24
  • 7D1.4%
  • 3M5.0%
  • 1Y32.8%
  • YTD30.0%

The Chemicals industry is up 1.4% in the last week, with Nutrien up 1.2%. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 6.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Dec 2025CA$53.8bCA$45.1bCA$3.0b15x17.9x1.2x
Mon, 24 Nov 2025CA$49.4bCA$46.4bCA$3.1b14.1x15.9x1.1x
Wed, 22 Oct 2025CA$50.6bCA$45.1bCA$2.5b11.7x20.3x1.1x
Fri, 19 Sep 2025CA$48.4bCA$44.4bCA$2.4b12.2x19.8x1.1x
Sun, 17 Aug 2025CA$48.7bCA$44.5bCA$2.4b10.7x19.9x1.1x
Tue, 15 Jul 2025CA$49.3bCA$43.8bCA$1.1b10.5x45.3x1.1x
Thu, 12 Jun 2025CA$47.6bCA$43.7bCA$1.1b10x43.5x1.1x
Sat, 10 May 2025CA$44.3bCA$44.5bCA$1.1b9.4x38.5x1x
Mon, 07 Apr 2025CA$39.3bCA$45.8bCA$1.3b10.1x30.9x0.9x
Wed, 05 Mar 2025CA$43.1bCA$46.4bCA$1.1b20.4x38.1x0.9x
Fri, 31 Jan 2025CA$46.8bCA$47.2bCA$1.2b22.6x38.8x1x
Sun, 29 Dec 2024CA$40.1bCA$47.0bCA$1.2b22.5x33.9x0.9x
Tue, 26 Nov 2024CA$40.7bCA$45.7bCA$1.1b23.3x36.5x0.9x
Thu, 24 Oct 2024CA$40.8bCA$45.4bCA$1.1b29.9x36.2x0.9x
Sat, 21 Sep 2024CA$39.7bCA$44.6bCA$1.1b29.5x36.4x0.9x
Mon, 19 Aug 2024CA$39.7bCA$45.0bCA$1.1b29.3x36.6x0.9x
Wed, 17 Jul 2024CA$42.5bCA$47.0bCA$1.2b23.8x35x0.9x
Fri, 14 Jun 2024CA$43.4bCA$47.3bCA$1.2b23.6x35.6x0.9x
Sun, 12 May 2024CA$47.8bCA$47.0bCA$1.2b22.5x38.5x1x
Tue, 09 Apr 2024CA$46.4bCA$47.7bCA$2.0b21.2x23.2x1x
Thu, 07 Mar 2024CA$42.4bCA$47.6bCA$2.2b16.8x19.7x0.9x
Sat, 03 Feb 2024CA$41.6bCA$50.0bCA$3.4b15.1x12.4x0.8x
Mon, 01 Jan 2024CA$44.6bCA$49.3bCA$3.3b16.1x13.4x0.9x
Wed, 29 Nov 2023CA$44.3bCA$50.5bCA$3.4b12.3x13.1x0.9x
Fri, 27 Oct 2023CA$45.5bCA$55.1bCA$5.5b7.5x8.3x0.8x
Sun, 24 Sep 2023CA$48.8bCA$54.1bCA$5.4b8.3x9.1x0.9x
Tue, 22 Aug 2023CA$48.9bCA$54.3bCA$5.4b10.4x9x0.9x
Thu, 20 Jul 2023CA$49.9bCA$57.0bCA$9.5b9.8x5.2x0.9x
Sat, 17 Jun 2023CA$47.0bCA$57.1bCA$9.5b7.8x4.9x0.8x
Mon, 15 May 2023CA$48.0bCA$58.6bCA$9.8b8.1x4.9x0.8x
Wed, 12 Apr 2023CA$57.5bCA$60.6bCA$10.9b8.3x5.3x0.9x
Fri, 10 Mar 2023CA$63.6bCA$62.1bCA$11.2b9.5x5.7x1x
Sun, 05 Feb 2023CA$67.3bCA$60.0bCA$10.8b9.8x6.2x1.1x
Tue, 03 Jan 2023CA$59.0bCA$61.0bCA$11.2b5.2x5.3x1x
Price to Earnings Ratio

5.3x


Total Market Cap: CA$59.0bTotal Earnings: CA$11.2bTotal Revenue: CA$61.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 22.8x20242025
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 17.9x which is lower than its 3-year average PE of 22.8x.
  • 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 9.6% 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 Market0.90%
Materials2.27%
Chemicals1.43%
Specialty Chemicals4.13%
Industrial Gases3.33%
Commodity Chemicals1.71%
Fertilizers and Agricultural Chemicals1.13%
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 44.8%, 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 45% 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 2.4% 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$86.841.2%
+CA$488.2m		35.8%PE17x
HG HydroGraph Clean PowerCA$2.9111.9%
+CA$104.5m		1,355.0%PS17940.8x
MX MethanexCA$55.001.9%
+CA$79.7m		-22.2%PE14.6x
VNP 5N PlusCA$18.312.5%
+CA$40.1m		155.7%PE27.1x
GRA NanoXploreCA$2.376.3%
+CA$25.4m		3.0%PS3.6x

Latest News

BOS
CA$4.45
AirBoss of America
7D
-2.4%
1Y
20.3%
MX
CA$55.00
Methanex
7D
1.9%
1Y
-22.2%

Subdued Growth No Barrier To Methanex Corporation's (TSE:MX) Price

Dec 23
Subdued Growth No Barrier To Methanex Corporation's (TSE:MX) Price
NTR
CA$86.84
Nutrien
7D
1.2%
1Y
35.8%

NTR Is Expected To Benefit From Potential Upside In Fertilizer Pricing

Analysts have modestly reduced their price target on Nutrien to approximately $113 from about $97, citing a tougher near term backdrop for farmers, slightly lower growth and margin expectations, and a more balanced risk reward profile after the stock's strong run. Analyst Commentary Recent Street research reflects a mixed but generally constructive stance on Nutrien, with several firms trimming price targets modestly while maintaining positive ratings.
GRA
CA$2.37
NanoXplore
7D
6.3%
1Y
3.0%
NEO
CA$15.78
Neo Performance Materials
7D
-1.7%
1Y
95.8%
MLP
CA$3.75
Millennial Potash
7D
-2.6%
1Y
1,150.0%
HPQ
CA$0.17
HPQ Silicon
7D
-2.8%
1Y
-23.9%
ERTH
CA$0.13
Replenish Nutrients Holding
7D
-10.7%
1Y
212.5%

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$18.31
5N Plus
7D
2.5%
1Y
155.7%

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.
HG
CA$2.91
HydroGraph Clean Power
7D
11.9%
1Y
1,355.0%
FORT
CA$0.99
Fort Technology
7D
-10.0%
1Y
102.0%

Would Fort Technology (CVE:FORT) Be Better Off With Less Debt?

Dec 05
Would Fort Technology (CVE:FORT) Be Better Off With Less Debt?
NPK
CA$0.97
Verde AgriTech
7D
-9.3%
1Y
54.0%
IFOS
CA$2.98
Itafos
7D
2.1%
1Y
63.7%
AIM
CA$2.77
Aimia
7D
-1.1%
1Y
5.3%
ECO
CA$3.99
EcoSynthetix
7D
4.7%
1Y
-5.5%
AUUA
CA$4.50
Aluula Composites
7D
24.3%
1Y
309.1%