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Canadian (TSX) Chemicals Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies27
  • 7D-0.5%
  • 3M-1.9%
  • 1Y35.5%
  • YTD20.2%

In the last week, the Chemicals industry is flat overall, with 5N Plus standing out by going down 4.4%. As for the the longer term, the industry is up 36% over the past 12 months. Looking forward, earnings are forecast to grow by 4.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026CA$64.7bCA$47.9bCA$3.5b10.3x18.5x1.4x
Sun, 03 May 2026CA$67.4bCA$45.4bCA$3.3b13.9x20.5x1.5x
Tue, 31 Mar 2026CA$68.3bCA$46.4bCA$3.5b14.5x19.3x1.5x
Thu, 26 Feb 2026CA$63.2bCA$45.5bCA$3.6b16.1x17.4x1.4x
Sat, 24 Jan 2026CA$58.7bCA$45.2bCA$3.0b17.7x19.5x1.3x
Mon, 22 Dec 2025CA$53.0bCA$45.5bCA$3.0b14.9x17.5x1.2x
Wed, 19 Nov 2025CA$50.2bCA$46.0bCA$3.1b14.5x16.2x1.1x
Fri, 17 Oct 2025CA$51.4bCA$45.2bCA$2.5b11.6x20.6x1.1x
Sun, 14 Sep 2025CA$48.9bCA$44.6bCA$2.5b12x19.9x1.1x
Tue, 12 Aug 2025CA$46.8bCA$44.3bCA$2.3b10x20.2x1.1x
Thu, 10 Jul 2025CA$49.5bCA$43.8bCA$1.1b10.7x45.6x1.1x
Sat, 07 Jun 2025CA$47.6bCA$43.8bCA$1.1b9.7x43.5x1.1x
Mon, 05 May 2025CA$45.4bCA$44.5bCA$1.3b9.4x34.5x1x
Wed, 02 Apr 2025CA$42.6bCA$46.0bCA$1.3b11.6x33.3x0.9x
Fri, 28 Feb 2025CA$45.5bCA$46.3bCA$1.1b22.9x40.3x1x
Sun, 26 Jan 2025CA$46.6bCA$46.7bCA$1.2b24x39.6x1x
Tue, 24 Dec 2024CA$39.9bCA$46.8bCA$1.2b21.9x33.8x0.9x
Thu, 21 Nov 2024CA$39.6bCA$45.7bCA$1.1b22.7x35.5x0.9x
Sat, 19 Oct 2024CA$40.9bCA$45.4bCA$1.1b29.8x36.4x0.9x
Mon, 16 Sep 2024CA$38.7bCA$44.7bCA$1.1b29.3x35.4x0.9x
Wed, 14 Aug 2024CA$39.1bCA$45.0bCA$1.1b29.1x35.3x0.9x
Fri, 12 Jul 2024CA$41.0bCA$46.9bCA$1.2b23.3x33.9x0.9x
Sun, 09 Jun 2024CA$46.4bCA$47.3bCA$1.2b23.4x38x1x
Tue, 07 May 2024CA$44.8bCA$48.0bCA$1.8b21.2x24.8x0.9x
Thu, 04 Apr 2024CA$44.4bCA$47.5bCA$2.0b21.5x22.3x0.9x
Sat, 02 Mar 2024CA$42.6bCA$47.7bCA$2.2b17.1x19.7x0.9x
Mon, 29 Jan 2024CA$41.4bCA$50.0bCA$3.4b15x12.3x0.8x
Wed, 27 Dec 2023CA$45.2bCA$49.3bCA$3.3b14.6x13.6x0.9x
Fri, 24 Nov 2023CA$45.0bCA$50.9bCA$3.4b12.2x13.1x0.9x
Sun, 22 Oct 2023CA$47.5bCA$54.9bCA$5.5b7.9x8.7x0.9x
Tue, 19 Sep 2023CA$49.4bCA$54.1bCA$5.4b8.4x9.2x0.9x
Thu, 17 Aug 2023CA$48.6bCA$54.3bCA$5.4b10.2x9x0.9x
Sat, 15 Jul 2023CA$47.5bCA$57.2bCA$9.6b8.6x5x0.8x
Mon, 12 Jun 2023CA$46.8bCA$57.7bCA$9.7b9.6x4.8x0.8x
Price to Earnings Ratio

4.8x


Total Market Cap: CA$46.8bTotal Earnings: CA$9.7bTotal Revenue: CA$57.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 24.7x202420252026
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 18.5x which is lower than its 3-year average PE of 24.7x.
  • The 3-year average PS ratio of 1.0x 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 29% per year over the last three years,
  • Revenues have also declined 6.1% 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 Market1.83%
Materials0.66%
Chemicals-0.46%
Industrial Gases3.34%
Commodity Chemicals1.00%
Fertilizers and Agricultural Chemicals-0.32%
Specialty Chemicals-2.75%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 25.8x.
    • Analysts are expecting annual earnings growth of 42.9%, which is higher than its past year's earnings decline of 13.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 7.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MX MethanexCA$84.412.3%
+CA$147.8m		88.4%PS1.3x
CH Charbone HydrogenCA$0.1411.5%
+CA$4.3m		93.3%PS85.2x
ARGO Argo Graphene SolutionsCA$0.8313.7%
+CA$2.5m		5.1%PB267.7x
BUFF Buffalo PotashCA$0.504.2%
+CA$1.6m		n/aPB9.6x
ERTH Replenish Nutrients HoldingCA$0.143.6%
+CA$1.0m		70.6%PS4.3x

Latest News

VNP
CA$43.29
5N Plus
7D
-4.4%
1Y
407.5%
Narrative Update • Jun 03

VNP: Leadership Succession And Higher Future P E Multiple Will Shape Outlook

The analyst price target for 5N Plus has shifted from CA$36.10 to CA$47.41, with analysts citing updated fair value estimates and revised assumptions around discount rate, revenue growth, profit margins, and future P/E as the main drivers of the change. What's in the News 5N Plus Inc.
NANO
CA$0.82
Nano One Materials
7D
-13.7%
1Y
34.4%
CH
CA$0.14
Charbone Hydrogen
7D
11.5%
1Y
93.3%
ERTH
CA$0.14
Replenish Nutrients Holding
7D
3.6%
1Y
70.6%
NTR
CA$95.89
Nutrien
7D
-0.2%
1Y
16.4%
NEO
CA$33.56
Neo Performance Materials
7D
-2.4%
1Y
227.4%
CHE.UN
CA$16.70
Chemtrade Logistics Income Fund
7D
-1.9%
1Y
51.0%
GRA
CA$1.92
NanoXplore
7D
-6.3%
1Y
-16.9%
BOS
CA$7.34
AirBoss of America
7D
0.1%
1Y
66.4%
ECO
CA$3.19
EcoSynthetix
7D
-5.3%
1Y
-21.0%
IFOS
CA$2.47
Itafos
7D
-9.9%
1Y
5.1%
Analysis Article • May 06

Itafos' (CVE:IFOS) Anemic Earnings Might Be Worse Than You Think

Last week's earnings announcement from Itafos Inc. ( CVE:IFOS ) was disappointing to investors, with a sluggish profit...
MX
CA$84.41
Methanex
7D
2.3%
1Y
88.4%
ARGO
CA$0.83
Argo Graphene Solutions
7D
13.7%
1Y
5.1%
BUFF
CA$0.50
Buffalo Potash
7D
4.2%
1Y
n/a
AUUA
CA$3.19
Aluula Composites
7D
0.6%
1Y
369.1%