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Canadian (TSX) Chemicals Industry Analysis
UpdatedAug 23, 2025
DataAggregated Company Financials
Companies25
- 7D1.2%
- 3M3.3%
- 1Y22.2%
- YTD19.3%
The Chemicals industry is up 1.6% in the last week, with Nutrien up 1.4%. During this same period, the HydroGraph Clean Power underperformed, falling 36%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Canadian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Aug 2025 | CA$49.1b | CA$44.5b | CA$2.4b | 11.5x | 20.1x | 1.1x |
| Mon, 21 Jul 2025 | CA$49.1b | CA$43.9b | CA$1.1b | 10.6x | 45x | 1.1x |
| Wed, 18 Jun 2025 | CA$49.5b | CA$43.7b | CA$1.1b | 10.2x | 45.4x | 1.1x |
| Fri, 16 May 2025 | CA$46.3b | CA$44.6b | CA$1.2b | 9.8x | 39.3x | 1x |
| Sun, 13 Apr 2025 | CA$40.9b | CA$44.7b | CA$1.2b | 9.8x | 33x | 0.9x |
| Tue, 11 Mar 2025 | CA$43.8b | CA$46.3b | CA$1.2b | 19.3x | 37.2x | 0.9x |
| Thu, 06 Feb 2025 | CA$46.6b | CA$46.7b | CA$1.2b | 23.4x | 39.2x | 1x |
| Sat, 04 Jan 2025 | CA$41.0b | CA$47.1b | CA$1.2b | 22.5x | 34.6x | 0.9x |
| Mon, 02 Dec 2024 | CA$40.8b | CA$45.7b | CA$1.1b | 21.8x | 35.7x | 0.9x |
| Wed, 30 Oct 2024 | CA$41.1b | CA$45.7b | CA$1.1b | 29.8x | 36.2x | 0.9x |
| Fri, 27 Sep 2024 | CA$39.1b | CA$44.3b | CA$1.1b | 30.5x | 36.1x | 0.9x |
| Sun, 25 Aug 2024 | CA$40.3b | CA$44.4b | CA$1.1b | 30.2x | 37.7x | 0.9x |
| Tue, 23 Jul 2024 | CA$42.8b | CA$47.3b | CA$1.2b | 22.7x | 35x | 0.9x |
| Thu, 20 Jun 2024 | CA$42.9b | CA$47.2b | CA$1.2b | 22.4x | 35.2x | 0.9x |
| Sat, 18 May 2024 | CA$47.4b | CA$46.8b | CA$1.2b | 27.7x | 39.3x | 1x |
| Mon, 15 Apr 2024 | CA$44.0b | CA$48.4b | CA$2.0b | 20.5x | 21.7x | 0.9x |
| Wed, 13 Mar 2024 | CA$42.8b | CA$47.5b | CA$2.1b | 17.9x | 20.5x | 0.9x |
| Fri, 09 Feb 2024 | CA$40.7b | CA$50.0b | CA$3.4b | 16.5x | 12.1x | 0.8x |
| Sun, 07 Jan 2024 | CA$44.8b | CA$49.7b | CA$3.3b | 16.5x | 13.4x | 0.9x |
| Tue, 05 Dec 2023 | CA$44.4b | CA$50.4b | CA$3.4b | 12.3x | 13.1x | 0.9x |
| Thu, 02 Nov 2023 | CA$44.0b | CA$55.3b | CA$5.5b | 7.2x | 8x | 0.8x |
| Sat, 30 Sep 2023 | CA$49.7b | CA$54.4b | CA$5.4b | 8.3x | 9.2x | 0.9x |
| Mon, 28 Aug 2023 | CA$48.6b | CA$54.5b | CA$5.4b | 10.2x | 8.9x | 0.9x |
| Wed, 26 Jul 2023 | CA$51.7b | CA$57.0b | CA$9.5b | 9.6x | 5.4x | 0.9x |
| Fri, 23 Jun 2023 | CA$47.0b | CA$56.9b | CA$9.5b | 7.8x | 4.9x | 0.8x |
| Sun, 21 May 2023 | CA$49.4b | CA$58.4b | CA$9.8b | 8.4x | 5.1x | 0.8x |
| Tue, 18 Apr 2023 | CA$58.3b | CA$60.2b | CA$10.8b | 8.2x | 5.4x | 1x |
| Thu, 16 Mar 2023 | CA$58.5b | CA$61.8b | CA$11.1b | 8.6x | 5.2x | 0.9x |
| Sat, 11 Feb 2023 | CA$64.9b | CA$59.8b | CA$10.8b | 9.5x | 6x | 1.1x |
| Mon, 09 Jan 2023 | CA$62.2b | CA$60.6b | CA$11.1b | 5.6x | 5.6x | 1x |
| Wed, 07 Dec 2022 | CA$62.8b | CA$61.4b | CA$11.3b | 7.1x | 5.6x | 1x |
| Fri, 04 Nov 2022 | CA$68.8b | CA$58.1b | CA$10.1b | 6.5x | 6.8x | 1.2x |
| Sun, 02 Oct 2022 | CA$69.0b | CA$58.6b | CA$10.2b | 6.6x | 6.8x | 1.2x |
| Tue, 30 Aug 2022 | CA$78.0b | CA$55.6b | CA$9.6b | 8.1x | 8.1x | 1.4x |
Price to Earnings Ratio
8.1x
Current Industry PE
- Investors are relatively neutral on the Canadian Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.3x.
- The 3-year average PS ratio of 0.96x 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 37% per year over the last three years,
- Revenues have also declined 7.0% 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 Market | 1.65% | |
| Materials | 3.04% | |
| Chemicals | 1.16% | |
| Commodity Chemicals | 5.00% | |
| Industrial Gases | 2.51% | |
| Fertilizers and Agricultural Chemicals | 1.48% | |
| Specialty Chemicals | -7.89% | |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average PE ratio of 20.5x.
- Analysts are expecting annual earnings growth of 13.8%, which is lower than the prior year's growth of 72.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 61% over the next 5 years.
- However this is lower than its past earnings growth rate of 190% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 8.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NTR Nutrien | CA$80.05 | 1.4% +CA$539.3m | 22.8% | PE20.6x | |
| MX Methanex | CA$49.79 | 4.9% +CA$179.4m | -20.1% | PE11.1x | |
| CHE.UN Chemtrade Logistics Income Fund | CA$13.10 | 7.0% +CA$97.1m | 31.4% | PE11.5x | |
| MLP Millennial Potash | CA$1.98 | 19.3% +CA$35.8m | 890.0% | PB11.7x | |
| VNP 5N Plus | CA$15.28 | 1.2% +CA$16.0m | 131.9% | PE30.6x |
