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Canadian (TSX) Chemicals Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies32
- 7D-1.1%
- 3M13.3%
- 1Y35.3%
- YTD33.7%
Over the last 7 days, the Chemicals industry has dropped 1.1%, driven by a pullback from Nutrien of 1.2%. Meanwhile, Neo Performance Materials actually outperformed within the industry, gaining 6.4% in the last week. This takes the industry's 12 month performance to a gain of 35%.
Industry Valuation and Performance
Has the Canadian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CA$59.8b | CA$38.8b | CA$3.2b | 17.1x |
| Thu, 28 Oct 2021 | CA$59.5b | CA$34.6b | CA$1.2b | 30.4x |
| Sat, 25 Sep 2021 | CA$57.0b | CA$35.6b | CA$1.2b | 19.3x |
| Mon, 23 Aug 2021 | CA$52.0b | CA$34.7b | CA$1.2b | 26.1x |
| Sat, 10 Jul 2021 | CA$51.3b | CA$34.7b | CA$1.2b | 26.2x |
| Fri, 02 Apr 2021 | CA$47.6b | CA$32.7b | CA$452.5m | 45x |
| Mon, 04 Jan 2021 | CA$43.1b | CA$32.1b | CA$43.4m | 59.6x |
| Thu, 08 Oct 2020 | CA$34.8b | CA$32.7b | -CA$450,445,413.37 | 21.2x |
| Wed, 01 Jul 2020 | CA$29.0b | CA$33.6b | CA$662.2m | 22.2x |
| Sat, 04 Apr 2020 | CA$30.3b | CA$35.9b | CA$1.0b | 19.6x |
| Tue, 07 Jan 2020 | CA$42.1b | CA$32.7b | CA$1.1b | 27.7x |
| Mon, 30 Sep 2019 | CA$44.1b | CA$34.9b | CA$1.6b | 16x |
| Thu, 04 Jul 2019 | CA$48.9b | CA$34.6b | CA$222.9m | 17x |
| Sun, 07 Apr 2019 | CA$50.4b | CA$34.6b | CA$232.4m | 11.8x |
| Wed, 09 Jan 2019 | CA$47.1b | CA$35.2b | CA$492.9m | 11.7x |
PE Ratio
13.4x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 17.2x which is lower than its 3-year average PE of 25.8x. Given that earnings are expected to decline by 11%, the lower than average PE seems justified.
Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 195% per year over the last three years, and revenues for these companies have grown 10% 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 Chemicals industry?
| Industrial Gases | 6.48% | |
| Specialty Chemicals | 2.15% | |
| Fertilizers and Agricultural Chemicals | -1.15% | |
| Commodity Chemicals | -2.05% | |
Industry PE: Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 39.1x. This is likely because analysts are expecting annual earnings growth of 25%, which is higher than its past year's earnings decline of 40% per year. Meanwhile, investors are most pessimistic about the Commodity Chemicals industry, which is trading close to its 3-year average of 12.8x.
Forecasted Growth: Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 25% over the next 5 years. This is better than its past earnings decline of 40% per year. Meanwhile, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| NEO Neo Performance Materials | 6.4%+CA$54.1m | 74.2% | PE22.9x | |
| GRA NanoXplore | 3.2%+CA$36.4m | 115.1% | PS16.5x | |
| ECO EcoSynthetix | 11.4%+CA$36.1m | 93.7% | PS16.5x | |
| IFOS Itafos | 4.4%+CA$11.2m | 340.6% | PE12.1x | |
| HECO Global Helium | 18.3%+CA$10.3m | n/a | n/a |
