EcoSynthetix (TSE:ECO) Is In A Good Position To Deliver On Growth Plans
May 25
Canadian (TSX) Specialty Chemicals Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies9
- 7D1.0%
- 3M-20.8%
- 1Y-24.2%
- YTD-7.9%
5N Plus is up 6.5%, leading the way for the Specialty Chemicals industry, which has gained 1.0%. However, the industry is down 24% over the past year. As for the next few years, earnings are expected to grow by 90% per annum.
Industry Valuation and Performance
Has the Canadian Specialty Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Jun 2023 | CA$1.3b | CA$1.2b | -CA$96,188,945.00 | 16.4x | -13.3x | 1.1x |
| Wed, 03 May 2023 | CA$1.3b | CA$1.3b | -CA$54,599,410.00 | 10.6x | -24.3x | 1x |
| Fri, 31 Mar 2023 | CA$1.4b | CA$1.3b | -CA$51,101,102.00 | 10.4x | -28x | 1.1x |
| Sun, 26 Feb 2023 | CA$1.5b | CA$1.3b | -CA$32,443,873.00 | 9.6x | -45.7x | 1.2x |
| Tue, 24 Jan 2023 | CA$1.4b | CA$1.3b | -CA$5,251,604.00 | 9.7x | -274.6x | 1.2x |
| Thu, 22 Dec 2022 | CA$1.4b | CA$1.3b | -CA$4,825,260.00 | 8.6x | -280.1x | 1.1x |
| Sat, 19 Nov 2022 | CA$1.4b | CA$1.3b | -CA$4,137,642.00 | 9.1x | -333.2x | 1.1x |
| Mon, 17 Oct 2022 | CA$1.2b | CA$1.2b | CA$35.1m | 8.6x | 33.6x | 1x |
| Wed, 14 Sep 2022 | CA$1.4b | CA$1.2b | CA$31.6m | 9.8x | 45.4x | 1.2x |
| Fri, 12 Aug 2022 | CA$1.6b | CA$1.1b | CA$28.5m | 11.4x | 55x | 1.4x |
| Sun, 10 Jul 2022 | CA$1.3b | CA$1.1b | CA$36.5m | 9x | 34.5x | 1.2x |
| Tue, 07 Jun 2022 | CA$1.4b | CA$1.1b | CA$36.7m | 10x | 38.2x | 1.3x |
| Thu, 05 May 2022 | CA$1.4b | CA$1.0b | CA$25.2m | 12.8x | 55.6x | 1.4x |
| Sat, 02 Apr 2022 | CA$1.6b | CA$977.5m | CA$22.9m | 25.9x | 70.6x | 1.7x |
| Mon, 28 Feb 2022 | CA$1.6b | CA$940.8m | CA$18.3m | 23.1x | 86.3x | 1.7x |
| Wed, 26 Jan 2022 | CA$1.7b | CA$908.1m | CA$13.9m | 21.7x | 121.1x | 1.9x |
| Fri, 24 Dec 2021 | CA$1.9b | CA$921.0m | CA$14.4m | 23.7x | 130.8x | 2x |
| Sun, 21 Nov 2021 | CA$2.0b | CA$908.4m | CA$13.9m | 25.6x | 140.3x | 2.1x |
| Tue, 19 Oct 2021 | CA$2.0b | CA$821.9m | CA$14.8m | 57.1x | 132.2x | 2.4x |
| Thu, 16 Sep 2021 | CA$1.9b | CA$823.7m | CA$15.2m | 23.4x | 125.3x | 2.3x |
| Sat, 14 Aug 2021 | CA$2.1b | CA$823.8m | CA$11.7m | 62.6x | 180.4x | 2.6x |
| Wed, 09 Jun 2021 | CA$2.2b | CA$741.0m | -CA$76,945,665.91 | 62.4x | -28.4x | 3x |
| Tue, 02 Mar 2021 | CA$2.3b | CA$703.1m | -CA$81,854,320.99 | 138.4x | -28.5x | 3.3x |
| Fri, 04 Dec 2020 | CA$1.5b | CA$713.6m | -CA$75,166,072.02 | 29.3x | -19.4x | 2x |
| Mon, 07 Sep 2020 | CA$1.2b | CA$776.1m | -CA$78,313,486.69 | 29.6x | -15.8x | 1.6x |
Price to Earnings Ratio
-11.7x
Current Industry PE
- Investors are pessimistic on the Canadian Specialty Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Specialty Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 11% 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, which has decreased profits.
Industry Comparison
How does Canadian Specialty Chemicals compare with similar industries?
| CA Market | 0.61% | |
| Materials | 1.01% | |
| Chemicals | -2.34% | |
| Specialty Chemicals | 1.02% | |
| Commodity Chemicals | 3.55% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | -1.14% | |
| Fertilizers and Agricultural Chemicals | -3.31% | |
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 | |
|---|---|---|---|---|---|
| VNP 5N Plus | CA$3.26 | 7.9% +CA$21.2m | 101.2% | PS0.8x | |
| HPQ HPQ Silicon | CA$0.25 | 22.0% +CA$16.1m | -39.0% | PB6.9x | |
| FNDX FendX Technologies | CA$0.41 | 5.1% +CA$1.0m | n/a | n/a |