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Canadian (TSX) Commodity Chemicals Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies6
  • 7D1.4%
  • 3M16.9%
  • 1Y6.4%
  • YTDn/a

Over the last 7 days, the Commodity Chemicals industry has risen 1.4%, driven by gains from Methanex of 2.3%. This takes the industry's 12 month performance to a gain of 6.5%. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CA$6.1bCA$7.8bCA$260.2m8.8x23.6x0.8x
Tue, 19 Nov 2024CA$6.1bCA$7.8bCA$241.3m15.2x25.3x0.8x
Thu, 17 Oct 2024CA$5.8bCA$7.5bCA$236.3m14.4x24.5x0.8x
Sat, 14 Sep 2024CA$5.2bCA$7.4bCA$224.4m13x23x0.7x
Mon, 12 Aug 2024CA$5.5bCA$7.5bCA$305.1m12.3x18.2x0.7x
Wed, 10 Jul 2024CA$6.1bCA$7.5bCA$333.5m12.1x18.3x0.8x
Fri, 07 Jun 2024CA$6.4bCA$7.5bCA$333.9m12.8x19.2x0.9x
Sun, 05 May 2024CA$6.1bCA$7.6bCA$382.8m11.8x15.9x0.8x
Tue, 02 Apr 2024CA$5.7bCA$7.7bCA$390.0m10.6x14.7x0.7x
Thu, 29 Feb 2024CA$5.6bCA$7.8bCA$455.1m16.7x12.4x0.7x
Sat, 27 Jan 2024CA$5.8bCA$7.8bCA$439.6m15x13.2x0.7x
Mon, 25 Dec 2023CA$5.9bCA$7.8bCA$436.3m16.4x13.5x0.8x
Wed, 22 Nov 2023CA$5.6bCA$8.0bCA$446.0m12.4x12.6x0.7x
Fri, 20 Oct 2023CA$5.4bCA$8.3bCA$439.6m8.4x12.4x0.7x
Sun, 17 Sep 2023CA$5.5bCA$8.2bCA$436.3m8.3x12.5x0.7x
Tue, 15 Aug 2023CA$5.7bCA$8.1bCA$379.7m9.5x15.1x0.7x
Thu, 13 Jul 2023CA$5.7bCA$8.3bCA$467.8m7.8x12.2x0.7x
Sat, 10 Jun 2023CA$5.8bCA$8.3bCA$472.0m7.7x12.2x0.7x
Mon, 08 May 2023CA$5.7bCA$8.3bCA$414.5m10.3x13.8x0.7x
Wed, 05 Apr 2023CA$5.9bCA$8.5bCA$494.3m8.1x11.9x0.7x
Fri, 03 Mar 2023CA$7.0bCA$8.8bCA$503.0m9.5x14x0.8x
Sun, 29 Jan 2023CA$6.4bCA$8.9bCA$536.8m5.1x11.9x0.7x
Tue, 27 Dec 2022CA$5.3bCA$9.0bCA$549.9m4.7x9.7x0.6x
Thu, 24 Nov 2022CA$5.6bCA$8.9bCA$536.8m5.9x10.3x0.6x
Sat, 22 Oct 2022CA$5.0bCA$9.0bCA$545.0m5x9.3x0.6x
Mon, 19 Sep 2022CA$5.1bCA$8.8bCA$521.4m5.7x9.8x0.6x
Wed, 17 Aug 2022CA$5.5bCA$8.6bCA$514.4m6.9x10.7x0.6x
Fri, 15 Jul 2022CA$5.2bCA$8.5bCA$476.3m5.3x11x0.6x
Sun, 12 Jun 2022CA$6.8bCA$8.3bCA$457.9m7.2x14.8x0.8x
Tue, 10 May 2022CA$6.9bCA$8.3bCA$433.4m7x16x0.8x
Thu, 07 Apr 2022CA$7.6bCA$7.8bCA$387.4m8.2x19.7x1x
Sat, 05 Mar 2022CA$7.4bCA$7.8bCA$401.6m8x18.5x1x
Mon, 31 Jan 2022CA$7.3bCA$7.8bCA$557.3m7.2x13.1x0.9x
Wed, 29 Dec 2021CA$7.4bCA$7.2bCA$268.6m12.7x27.6x1x
Price to Earnings Ratio

27.6x


Total Market Cap: CA$7.4bTotal Earnings: CA$268.6mTotal Revenue: CA$7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Commodity Chemicals Industry Price to Earnings3Y Average 15.5x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Commodity Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 15.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Commodity Chemicals industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Canadian Commodity Chemicals compare with similar industries?

CA Market-2.57%
Materials-4.05%
Chemicals-5.14%
Commodity Chemicals1.39%
Specialty Chemicals0.94%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals-6.56%
Industrial Gases-12.82%
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?

CompanyLast Price7D1YValuation
MX MethanexCA$66.632.3%
+CA$102.4m		2.9%PE20.5x
GRA NanoXploreCA$2.200.9%
+CA$3.4m		3.8%PS2.8x
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Latest News

MX

CA$66.63

Methanex

7D

2.3%

1Y

2.9%

What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

Dec 21
What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

CHE.UN

CA$10.82

Chemtrade Logistics Income Fund

7D

-1.5%

1Y

28.0%

BOS

CA$3.75

AirBoss of America

7D

-3.8%

1Y

-24.4%

ATHR

CA$0.035

Aether Catalyst Solutions

7D

-41.7%

1Y

-30.0%

GRA

CA$2.20

NanoXplore

7D

0.9%

1Y

3.8%