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Canadian (TSX) Chemicals Industry Analysis

UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies24
  • 7D-0.9%
  • 3M21.3%
  • 1Y33.8%
  • YTD11.5%

Last week, the Chemicals industry hasn't moved much but HydroGraph Clean Power is up 16% in that time. The past year has been better, since the industry has gained 34% in that time. As for the next few years, earnings are expected to grow by 4.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026CA$60.7bCA$45.0bCA$3.0b17.3x20.3x1.3x
Sat, 17 Jan 2026CA$58.8bCA$45.8bCA$3.1b16.7x19.2x1.3x
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
Price to Earnings Ratio

5.6x


Total Market Cap: CA$61.4bTotal Earnings: CA$11.0bTotal Revenue: CA$61.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 23.4x202420252026
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 20.3x which is lower than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.3x.
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 9.8% 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 Market-0.70%
Materials-3.00%
Chemicals-0.92%
Specialty Chemicals1.42%
Industrial Gases0%0
Fertilizers and Agricultural Chemicals-1.04%
Commodity Chemicals-1.73%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 41.9%, 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 42% 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 growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HG HydroGraph Clean PowerCA$3.9915.7%
+CA$183.7m		1,109.1%PS23057.6x
NEO Neo Performance MaterialsCA$21.341.8%
+CA$15.4m		150.2%PS1.3x
NPK Verde AgriTechCA$1.5619.1%
+CA$13.2m		105.3%PS5x
MX MethanexCA$67.050.2%
+CA$10.1m		3.3%PE17.7x
IFOS ItafosCA$3.221.6%
+CA$9.7m		46.4%PE3.6x

Latest News

CHE.UN
CA$16.00
Chemtrade Logistics Income Fund
7D
-1.3%
1Y
60.8%
VNP
CA$27.39
5N Plus
7D
-1.3%
1Y
276.8%
BOS
CA$5.30
AirBoss of America
7D
6.0%
1Y
27.4%
GRA
CA$2.21
NanoXplore
7D
-6.0%
1Y
-4.7%
IFOS
CA$3.22
Itafos
7D
1.6%
1Y
46.4%
NEO
CA$21.34
Neo Performance Materials
7D
1.8%
1Y
150.2%

NEO: Buy Rating And Share Repurchases Will Support Future Upside Potential

Analysts have trimmed their price target on Neo Performance Materials to CA$22.50 from CA$25.00. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E.
AUUA
CA$3.08
Aluula Composites
7D
-7.2%
1Y
136.9%
GSP
CA$0.11
Gensource Potash
7D
-12.0%
1Y
10.0%

Gensource Potash (CVE:GSP) Is Carrying A Fair Bit Of Debt

Feb 11
Gensource Potash (CVE:GSP) Is Carrying A Fair Bit Of Debt
ECO
CA$3.95
EcoSynthetix
7D
3.4%
1Y
-21.9%
AIM
CA$3.09
Aimia
7D
-1.9%
1Y
26.6%
MX
CA$67.05
Methanex
7D
0.2%
1Y
3.3%
NTR
CA$96.33
Nutrien
7D
-2.8%
1Y
29.1%

NTR: Reassessed P/E And Farm Headwinds Will Shape Balanced Returns Ahead

Analysts have raised our Nutrien fair value estimate to $91.99 from $88.43, as recent price target increases and rating changes suggest a reassessment of the stock's risk profile, growth outlook, and appropriate future P/E multiple. Analyst Commentary Recent Street research on Nutrien has become more constructive, with several firms increasing price targets or improving ratings while others remain cautious on end market conditions and sector headwinds.
MLP
CA$2.55
Millennial Potash
7D
-7.9%
1Y
442.6%
HG
CA$3.99
HydroGraph Clean Power
7D
15.7%
1Y
1,109.1%
NPK
CA$1.56
Verde AgriTech
7D
19.1%
1Y
105.3%
NANO
CA$0.94
Nano One Materials
7D
6.8%
1Y
22.1%