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Canadian (TSX) Steel Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies13
  • 7D-1.0%
  • 3M-7.4%
  • 1Y-4.8%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but ADF Group has stood out, gaining 5.1%. As for the longer term, the industry has declined 4.8% in the last year. In the next few years, earnings are forecast to decline by 1.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CA$2.7bCA$1.0bCA$175.4m5.8x15.5x2.6x
Tue, 19 Nov 2024CA$2.8bCA$1.1bCA$222.0m6x12.4x2.6x
Thu, 17 Oct 2024CA$6.7bCA$3.9bCA$415.0m7.8x16x1.7x
Sat, 14 Sep 2024CA$6.4bCA$3.9bCA$415.0m8x15.5x1.6x
Mon, 12 Aug 2024CA$6.6bCA$3.9bCA$436.5m8.7x15.2x1.7x
Wed, 10 Jul 2024CA$5.0bCA$4.1bCA$481.0m9.4x10.4x1.2x
Fri, 07 Jun 2024CA$5.3bCA$4.0bCA$471.2m9.6x11.2x1.3x
Sun, 05 May 2024CA$5.3bCA$4.0bCA$383.3m11.4x13.8x1.3x
Tue, 02 Apr 2024CA$5.3bCA$4.0bCA$379.7m10x13.9x1.3x
Thu, 29 Feb 2024CA$5.3bCA$4.0bCA$359.5m10.8x14.7x1.3x
Sat, 27 Jan 2024CA$5.4bCA$4.0bCA$407.0m9.4x13.2x1.3x
Mon, 25 Dec 2023CA$5.6bCA$4.0bCA$406.8m9x13.8x1.4x
Wed, 22 Nov 2023CA$5.2bCA$4.0bCA$403.8m8.7x12.9x1.3x
Fri, 20 Oct 2023CA$4.6bCA$4.1bCA$495.2m6.5x9.2x1.1x
Sun, 17 Sep 2023CA$4.9bCA$4.1bCA$495.5m6.9x9.9x1.2x
Tue, 15 Aug 2023CA$5.0bCA$4.1bCA$485.2m8.1x10.2x1.2x
Thu, 13 Jul 2023CA$5.2bCA$4.3bCA$955.9m3.8x5.4x1.2x
Sat, 10 Jun 2023CA$5.0bCA$4.3bCA$953.6m4.6x5.2x1.2x
Mon, 08 May 2023CA$5.0bCA$4.5bCA$1.2b4.9x4.1x1.1x
Wed, 05 Apr 2023CA$5.4bCA$4.5bCA$1.3b5.2x4.2x1.2x
Fri, 03 Mar 2023CA$6.3bCA$4.6bCA$1.4b6.5x4.6x1.4x
Sun, 29 Jan 2023CA$5.9bCA$5.1bCA$1.9b6.3x3.2x1.2x
Tue, 27 Dec 2022CA$5.2bCA$5.1bCA$1.9b5.8x2.8x1x
Thu, 24 Nov 2022CA$5.2bCA$5.1bCA$1.9b3.9x2.8x1x
Sat, 22 Oct 2022CA$4.7bCA$5.6bCA$2.3b3.7x2x0.8x
Mon, 19 Sep 2022CA$4.8bCA$5.6bCA$2.3b3.6x2x0.8x
Wed, 17 Aug 2022CA$5.0bCA$5.6bCA$2.3b3.2x2.1x0.9x
Fri, 15 Jul 2022CA$4.7bCA$5.5bCA$2.2b4.3x2.2x0.9x
Sun, 12 Jun 2022CA$5.6bCA$5.5bCA$2.2b6x2.6x1x
Tue, 10 May 2022CA$6.0bCA$5.4bCA$2.2b4.4x2.7x1.1x
Thu, 07 Apr 2022CA$6.9bCA$5.2bCA$2.1b5.2x3.3x1.3x
Sat, 05 Mar 2022CA$7.4bCA$5.1bCA$2.0b5.4x3.7x1.4x
Mon, 31 Jan 2022CA$5.9bCA$4.4bCA$1.4b4.1x4.2x1.4x
Wed, 29 Dec 2021CA$6.5bCA$4.4bCA$1.4b4.4x4.6x1.5x
Price to Earnings Ratio

4.6x


Total Market Cap: CA$6.5bTotal Earnings: CA$1.4bTotal Revenue: CA$4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 7.8x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.2x which is higher than its 3-year average PE of 7.8x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 50% per year over the last three years,
  • Revenues have also declined 38% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Steel compare with similar industries?

CA Market-2.57%
Materials-4.05%
Metals and Mining-4.08%
Steel-0.98%
Aluminum0%
Copper-2.38%
Diversified Metals and Mining-3.93%
Gold-4.02%
Silver-7.21%
Precious Metals and Minerals-8.34%
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
DRX ADF GroupCA$10.195.1%
+CA$14.6m		45.4%PE5.2x
TSL Tree Island SteelCA$3.055.2%
+CA$3.9m		-6.4%PS0.4x
BKI Black IronCA$0.105.0%
+CA$1.5m		61.5%PE-14.7x
EMM Giyani MetalsCA$0.086.7%
+CA$1.4m		-36.0%PB1x
CSO Corsa CoalCA$0.244.3%
+CA$1.0m		-40.7%PS0.1x
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Latest News

EMM

CA$0.08

Giyani Metals

7D

6.7%

1Y

-36.0%

LIF

CA$29.14

Labrador Iron Ore Royalty

7D

-2.1%

1Y

-10.6%

TSL

CA$3.05

Tree Island Steel

7D

5.2%

1Y

-6.4%

DRX

CA$10.19

ADF Group

7D

5.1%

1Y

45.4%

CSO

CA$0.24

Corsa Coal

7D

4.3%

1Y

-40.7%

MOX

CA$0.23

Morien Resources

7D

2.2%

1Y

-41.0%

CNT

CA$0.025

Century Global Commodities

7D

-16.7%

1Y

-37.5%

FEO

CA$0.13

Oceanic Iron Ore

7D

-10.3%

1Y

100.0%

CAF

CA$0.29

Canaf Investments

7D

-1.7%

1Y

75.8%

BKI

CA$0.10

Black Iron

7D

5.0%

1Y

61.5%

CAD

CA$1.86

Colonial Coal International

7D

-2.1%

1Y

2.8%

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