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Canadian (TSX) Chemicals Industry Analysis

UpdatedAug 01, 2024
DataAggregated Company Financials
Companies34
  • 7D1.0%
  • 3M-1.4%
  • 1Y-14.7%
  • YTD-4.8%

Over the last 7 days, the Chemicals industry has remained flat, although notably Nano One Materials declined by 6.5%. Unfortunately though, the industry is down 15% over the past 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Aug 2024CA$43.4bCA$47.5bCA$1.2b23.6x36.1x0.9x
Sat, 29 Jun 2024CA$43.6bCA$47.1bCA$1.2b24.7x35.9x0.9x
Mon, 27 May 2024CA$48.6bCA$47.0bCA$1.2b29x40.2x1x
Wed, 24 Apr 2024CA$43.2bCA$48.0bCA$2.0b20.3x21.5x0.9x
Fri, 22 Mar 2024CA$43.3bCA$47.6bCA$2.1b18.7x20.6x0.9x
Sun, 18 Feb 2024CA$41.9bCA$50.1bCA$3.4b17.7x12.4x0.8x
Tue, 16 Jan 2024CA$41.0bCA$50.0bCA$3.4b15.7x12.2x0.8x
Thu, 14 Dec 2023CA$42.6bCA$50.2bCA$3.4b13.1x12.6x0.8x
Sat, 11 Nov 2023CA$44.3bCA$51.4bCA$3.5b12.4x12.8x0.9x
Mon, 09 Oct 2023CA$47.1bCA$54.8bCA$5.5b7.8x8.6x0.9x
Wed, 06 Sep 2023CA$51.1bCA$54.7bCA$5.5b8.6x9.4x0.9x
Fri, 04 Aug 2023CA$50.5bCA$53.6bCA$5.4b12.9x9.4x0.9x
Sun, 02 Jul 2023CA$46.4bCA$57.3bCA$9.6b9.5x4.8x0.8x
Tue, 30 May 2023CA$46.0bCA$58.7bCA$9.8b9.2x4.7x0.8x
Thu, 27 Apr 2023CA$54.9bCA$61.3bCA$11.0b8.2x5x0.9x
Sat, 25 Mar 2023CA$57.6bCA$61.7bCA$11.1b8.4x5.2x0.9x
Mon, 20 Feb 2023CA$59.4bCA$60.6bCA$10.8b9.4x5.5x1x
Wed, 18 Jan 2023CA$61.5bCA$60.3bCA$11.0b6.1x5.6x1x
Fri, 16 Dec 2022CA$60.7bCA$61.5bCA$11.3b6.5x5.4x1x
Sun, 13 Nov 2022CA$61.0bCA$59.8bCA$11.0b7.1x5.6x1x
Tue, 11 Oct 2022CA$69.3bCA$58.6bCA$10.2b6.6x6.8x1.2x
Thu, 08 Sep 2022CA$72.1bCA$56.1bCA$9.7b7.4x7.4x1.3x
Sat, 06 Aug 2022CA$66.2bCA$55.1bCA$9.5b7.6x7x1.2x
Mon, 04 Jul 2022CA$64.3bCA$48.7bCA$6.2b7.6x10.3x1.3x
Wed, 01 Jun 2022CA$77.8bCA$47.8bCA$6.1b8.3x12.8x1.6x
Fri, 29 Apr 2022CA$81.6bCA$44.0bCA$4.5b13.1x18.2x1.9x
Sun, 27 Mar 2022CA$85.7bCA$42.9bCA$4.4b16.6x19.7x2x
Tue, 22 Feb 2022CA$63.0bCA$43.4bCA$4.5b14.3x13.9x1.5x
Thu, 20 Jan 2022CA$63.1bCA$38.0bCA$3.1b18.9x20.6x1.7x
Sat, 18 Dec 2021CA$61.9bCA$38.9bCA$3.1b18.2x19.6x1.6x
Mon, 15 Nov 2021CA$59.5bCA$38.2bCA$3.1b15.4x19.2x1.6x
Wed, 13 Oct 2021CA$60.5bCA$34.9bCA$1.2b34x50.6x1.7x
Fri, 10 Sep 2021CA$54.6bCA$34.7bCA$1.2b28.1x45.8x1.6x
Sun, 08 Aug 2021CA$51.4bCA$34.7bCA$1.2b27x43.4x1.5x
Price to Earnings Ratio

43.4x


Total Market Cap: CA$51.4bTotal Earnings: CA$1.2bTotal Revenue: CA$34.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 16.3x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.1x which is higher than its 3-year average PE of 16.3x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Canadian Materials industry?

CA Market2.06%
Materials3.39%
Chemicals0.99%
Specialty Chemicals1.35%
Fertilizers and Agricultural Chemicals1.01%
Commodity Chemicals0.81%
Diversified Chemicals0%
Industrial Gases-9.08%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings decline of 87.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 24% over the next 5 years.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 9.2% 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
NTR NutrienCA$70.811.0%
+CA$332.6m		-17.9%PE30x
MX MethanexCA$67.121.2%
+CA$53.9m		15.8%PE22.5x
VNP 5N PlusCA$6.045.0%
+CA$25.8m		63.2%PE23.6x
IFOS ItafosCA$1.449.1%
+CA$23.0m		4.3%PS0.4x
GRA NanoXploreCA$2.511.2%
+CA$5.1m		-18.2%PS3.4x
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Latest News

ECO

CA$4.25

EcoSynthetix

7D

1.0%

1Y

14.9%

MX

CA$67.12

Methanex

7D

1.2%

1Y

15.8%

BOS

CA$4.80

AirBoss of America

7D

-4.4%

1Y

0%

NTR

CA$70.81

Nutrien

7D

1.0%

1Y

-17.9%

Is Nutrien (TSE:NTR) A Risky Investment?

Jul 30
Is Nutrien (TSE:NTR) A Risky Investment?

VNP

CA$6.04

5N Plus

7D

5.0%

1Y

63.2%

NPK

CA$0.86

Verde AgriTech

7D

10.3%

1Y

-76.4%

Verde AgriTech (TSE:NPK) Is Making Moderate Use Of Debt

Jul 23
Verde AgriTech (TSE:NPK) Is Making Moderate Use Of Debt

FNDX

CA$0.20

FendX Technologies

7D

-10.9%

1Y

-29.3%

NANO

CA$1.15

Nano One Materials

7D

-6.5%

1Y

-65.3%

GRA

CA$2.51

NanoXplore

7D

1.2%

1Y

-18.2%

EAC

CA$0.005

Earth Alive Clean Technologies

7D

-50.0%

1Y

-80.0%

AUUA

CA$0.14

Aluula Composites

7D

12.0%

1Y

-12.5%

IFOS

CA$1.44

Itafos

7D

9.1%

1Y

4.3%

HG

CA$0.14

HydroGraph Clean Power

7D

-12.1%

1Y

38.1%

CZO

CA$0.23

Ceapro

7D

-16.7%

1Y

-51.1%

MGRO

CA$0.74

MustGrow Biologics

7D

-3.9%

1Y

-59.3%

GSP

CA$0.085

Gensource Potash

7D

-5.6%

1Y

-26.1%

We Think Gensource Potash (CVE:GSP) Has A Fair Chunk Of Debt

May 02
We Think Gensource Potash (CVE:GSP) Has A Fair Chunk Of Debt