Methanex (TSE:MX) Will Want To Turn Around Its Return Trends
May 31
Canadian (TSX) Commodity Chemicals Industry Analysis
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies9
- 7D0.1%
- 3M-20.7%
- 1Y-21.2%
- YTD4.3%
In the last week, the Commodity Chemicals industry is flat overall, with AirBoss of America standing out by going down 5.1%. As for the longer term, the industry has declined 21% in the last year. As for the next few years, earnings are expected to grow by 8.9% per annum.
Industry Valuation and Performance
Has the Canadian Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | CA$5.5b | CA$8.4b | CA$475.3m | 7.5x | 11.6x | 0.7x |
| Sun, 30 Apr 2023 | CA$5.8b | CA$8.4b | CA$416.9m | 8.1x | 14x | 0.7x |
| Tue, 28 Mar 2023 | CA$5.9b | CA$8.6b | CA$500.6m | 8.3x | 11.8x | 0.7x |
| Thu, 23 Feb 2023 | CA$6.5b | CA$8.7b | CA$333.1m | 8.1x | 19.4x | 0.7x |
| Sat, 21 Jan 2023 | CA$6.1b | CA$8.9b | CA$540.0m | 5x | 11.3x | 0.7x |
| Mon, 19 Dec 2022 | CA$5.4b | CA$9.1b | CA$554.6m | 4.7x | 9.7x | 0.6x |
| Wed, 16 Nov 2022 | CA$5.6b | CA$8.9b | CA$530.8m | 5.9x | 10.6x | 0.6x |
| Fri, 14 Oct 2022 | CA$5.1b | CA$9.1b | CA$548.9m | 5.1x | 9.2x | 0.6x |
| Sun, 11 Sep 2022 | CA$5.4b | CA$8.7b | CA$510.0m | 7.5x | 10.7x | 0.6x |
| Tue, 09 Aug 2022 | CA$5.4b | CA$8.4b | CA$463.7m | 6.9x | 11.6x | 0.6x |
| Thu, 07 Jul 2022 | CA$5.5b | CA$8.5b | CA$472.3m | 5.3x | 11.6x | 0.6x |
| Sat, 04 Jun 2022 | CA$7.1b | CA$8.2b | CA$446.2m | 7.5x | 15.8x | 0.9x |
| Mon, 02 May 2022 | CA$7.0b | CA$8.2b | CA$425.2m | 7.3x | 16.5x | 0.9x |
| Wed, 30 Mar 2022 | CA$7.9b | CA$7.8b | CA$387.3m | 8.4x | 20.5x | 1x |
| Fri, 25 Feb 2022 | CA$7.2b | CA$7.8b | CA$406.0m | 7.5x | 17.9x | 0.9x |
| Sun, 23 Jan 2022 | CA$7.2b | CA$7.1b | CA$260.3m | 13.4x | 27.7x | 1x |
| Tue, 21 Dec 2021 | CA$7.0b | CA$7.3b | CA$270.9m | 11.8x | 26x | 1x |
| Thu, 18 Nov 2021 | CA$7.8b | CA$7.1b | CA$265.8m | 13.1x | 29.4x | 1.1x |
| Sat, 16 Oct 2021 | CA$7.8b | CA$6.4b | CA$44.2m | 15.3x | 176.7x | 1.2x |
| Mon, 13 Sep 2021 | CA$7.0b | CA$6.4b | CA$47.1m | 16.4x | 148.4x | 1.1x |
| Wed, 11 Aug 2021 | CA$6.2b | CA$6.4b | CA$47.1m | 17.1x | 131.8x | 1x |
| Sun, 06 Jun 2021 | CA$5.8b | CA$5.8b | -CA$148,943,795.77 | 10.4x | -38.7x | 1x |
| Wed, 10 Mar 2021 | CA$5.5b | CA$5.5b | -CA$331,007,337.30 | 8x | -16.7x | 1x |
| Tue, 01 Dec 2020 | CA$5.6b | CA$5.6b | -CA$294,305,908.50 | 10.7x | -19x | 1x |
| Fri, 04 Sep 2020 | CA$3.4b | CA$5.9b | -CA$158,291,337.08 | 18.1x | -21.6x | 0.6x |
| Mon, 08 Jun 2020 | CA$2.8b | CA$6.6b | -CA$68,126,622.98 | 16.6x | -40.9x | 0.4x |
Price to Earnings Ratio
-40.9x
Current Industry PE
- Investors are pessimistic on the Canadian Commodity 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 11.6x which is lower than its 3-year average PE of 16.6x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- Total earnings for the Commodity Chemicals industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.5% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Canadian Commodity Chemicals compare with similar industries?
| CA Market | -5.29% | |
| Materials | 0.95% | |
| Chemicals | -5.37% | |
| Commodity Chemicals | 0.11% | |
| Industrial Gases | 2.14% | |
| Specialty Chemicals | 0.51% | |
| Diversified Chemicals | 0% | |
| Fertilizers and Agricultural Chemicals | -6.35% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GRA NanoXplore | CA$2.75 | 2.6% +CA$11.9m | -42.3% | PS3.9x | |
| MX Methanex | CA$56.07 | 0.1% +CA$5.4m | -14.5% | PE9.6x | |
| CHE.UN Chemtrade Logistics Income Fund | CA$8.33 | 0.5% +CA$4.6m | -2.0% | PE5.4x | |
| ATHR Aether Catalyst Solutions | CA$0.12 | 64.3% +CA$2.4m | -32.4% | PE-12.2x |