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Canadian (TSX) Chemicals Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies24
  • 7D1.3%
  • 3M1.1%
  • 1Y24.4%
  • YTD21.4%

The Chemicals industry is up 1.3% in the last week, with Nutrien up 1.8%. During this same period, the Itafos underperformed, falling 9.1%. In the last 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 6.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025CA$49.4bCA$46.4bCA$3.1b14.1x15.9x1.1x
Fri, 24 Oct 2025CA$50.0bCA$45.0bCA$2.5b11.7x20.2x1.1x
Sun, 21 Sep 2025CA$48.8bCA$44.4bCA$2.4b11.9x19.9x1.1x
Tue, 19 Aug 2025CA$48.7bCA$44.5bCA$2.4b11.1x19.9x1.1x
Thu, 17 Jul 2025CA$48.7bCA$43.8bCA$1.1b10.5x44.9x1.1x
Sat, 14 Jun 2025CA$47.9bCA$43.5bCA$1.1b10.1x44.1x1.1x
Mon, 12 May 2025CA$44.9bCA$44.5bCA$1.1b9.4x39x1x
Wed, 09 Apr 2025CA$39.3bCA$45.8bCA$1.3b9.3x30.8x0.9x
Fri, 07 Mar 2025CA$42.9bCA$45.9bCA$1.1b21.1x38.3x0.9x
Sun, 02 Feb 2025CA$46.2bCA$47.4bCA$1.2b23x38.2x1x
Tue, 31 Dec 2024CA$40.1bCA$46.8bCA$1.2b22.5x34.1x0.9x
Thu, 28 Nov 2024CA$40.2bCA$45.7bCA$1.1b22.3x35.3x0.9x
Sat, 26 Oct 2024CA$40.6bCA$45.6bCA$1.1b30x35.9x0.9x
Mon, 23 Sep 2024CA$39.1bCA$44.6bCA$1.1b29.5x35.8x0.9x
Wed, 21 Aug 2024CA$39.9bCA$44.8bCA$1.1b29.3x37x0.9x
Fri, 19 Jul 2024CA$44.1bCA$47.2bCA$1.2b22.1x36.2x0.9x
Sun, 16 Jun 2024CA$43.2bCA$47.2bCA$1.2b23.6x35.5x0.9x
Tue, 14 May 2024CA$47.2bCA$47.0bCA$1.2b22.5x38x1x
Thu, 11 Apr 2024CA$45.9bCA$48.0bCA$2.0b21.1x22.8x1x
Sat, 09 Mar 2024CA$42.5bCA$47.5bCA$2.1b17.8x20.4x0.9x
Mon, 05 Feb 2024CA$41.6bCA$50.0bCA$3.4b15.1x12.4x0.8x
Wed, 03 Jan 2024CA$45.3bCA$49.6bCA$3.3b15.8x13.6x0.9x
Fri, 01 Dec 2023CA$44.6bCA$50.5bCA$3.4b12.4x13.1x0.9x
Sun, 29 Oct 2023CA$45.2bCA$55.3bCA$5.5b7.4x8.3x0.8x
Tue, 26 Sep 2023CA$49.2bCA$54.0bCA$5.4b8.3x9.1x0.9x
Thu, 24 Aug 2023CA$48.0bCA$54.3bCA$5.4b10.2x8.9x0.9x
Sat, 22 Jul 2023CA$49.9bCA$57.2bCA$9.6b9.1x5.2x0.9x
Mon, 19 Jun 2023CA$47.0bCA$57.1bCA$9.5b7.8x4.9x0.8x
Wed, 17 May 2023CA$49.2bCA$58.3bCA$9.7b8.3x5.1x0.8x
Fri, 14 Apr 2023CA$56.9bCA$60.0bCA$10.8b8.3x5.3x0.9x
Sun, 12 Mar 2023CA$61.3bCA$62.3bCA$11.2b9.3x5.5x1x
Tue, 07 Feb 2023CA$67.3bCA$60.2bCA$10.9b9.7x6.2x1.1x
Thu, 05 Jan 2023CA$58.1bCA$60.7bCA$11.1b5x5.2x1x
Sat, 03 Dec 2022CA$63.6bCA$60.7bCA$11.1b7x5.7x1x
Price to Earnings Ratio

5.7x


Total Market Cap: CA$63.6bTotal Earnings: CA$11.1bTotal Revenue: CA$60.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 22.4x202320242025
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 15.9x which is lower than its 3-year average PE of 22.4x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
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 8.6% 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 Market1.72%
Materials2.23%
Chemicals1.28%
Fertilizers and Agricultural Chemicals1.69%
Commodity Chemicals0.42%
Specialty Chemicals-1.19%
Industrial Gases-5.56%
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 42.7%, 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 43% 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
NTR NutrienCA$80.111.8%
+CA$691.2m		24.0%PE15.2x
MLP Millennial PotashCA$3.279.4%
+CA$30.6m		876.1%PB18.8x
MX MethanexCA$49.380.8%
+CA$28.6m		-24.3%PE12.7x
CH Charbone HydrogenCA$0.1730.8%
+CA$7.5m		240.0%PS185.4x
CHE.UN Chemtrade Logistics Income FundCA$13.860.4%
+CA$6.9m		20.3%PE14.4x

Latest News

MX
CA$49.38
Methanex
7D
0.8%
1Y
-24.3%
NTR
CA$80.11
Nutrien
7D
1.8%
1Y
24.0%

NTR: Portfolio Streamlining And Asset Sales Will Drive Sector Outperformance Ahead

Nutrien's analyst price target has been modestly reduced by $0.21 to $88.43. Analysts cite ongoing sector headwinds, including weaker crop prices, portfolio adjustments, and a more balanced risk-reward outlook, despite solid recent performance.
NPK
CA$0.91
Verde AgriTech
7D
-8.1%
1Y
44.4%

Risks Still Elevated At These Prices As Verde AgriTech Limited (TSE:NPK) Shares Dive 48%

Nov 21
Risks Still Elevated At These Prices As Verde AgriTech Limited (TSE:NPK) Shares Dive 48%
CHE.UN
CA$13.86
Chemtrade Logistics Income Fund
7D
0.4%
1Y
20.3%
NEO
CA$16.65
Neo Performance Materials
7D
-1.4%
1Y
108.6%

Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10

Nov 18
Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10
GRA
CA$2.31
NanoXplore
7D
-1.7%
1Y
4.5%
VNP
CA$19.78
5N Plus
7D
-1.8%
1Y
211.5%

VNP: Improved Margins Will Drive Share Performance Following Price Target Hike

The analyst price target for 5N Plus has been raised from C$19 to C$24. This change reflects improved profit margin forecasts and increased confidence among analysts in the company’s earnings outlook.
MLP
CA$3.27
Millennial Potash
7D
9.4%
1Y
876.1%
AIM
CA$2.74
Aimia
7D
-2.8%
1Y
11.4%
IFOS
CA$2.98
Itafos
7D
-9.1%
1Y
81.7%
BOS
CA$4.13
AirBoss of America
7D
-4.4%
1Y
7.0%
CH
CA$0.17
Charbone Hydrogen
7D
30.8%
1Y
240.0%
HG
CA$3.00
HydroGraph Clean Power
7D
-0.7%
1Y
1,664.7%
AUUA
CA$2.95
Aluula Composites
7D
7.3%
1Y
40.5%
ERTH
CA$0.19
Replenish Nutrients Holding
7D
15.2%
1Y
322.2%

Replenish Nutrients Holding (CSE:ERTH) Is Carrying A Fair Bit Of Debt

Aug 31
Replenish Nutrients Holding (CSE:ERTH) Is Carrying A Fair Bit Of Debt