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Canadian (TSX) Steel Industry Analysis

UpdatedJun 14, 2025
DataAggregated Company Financials
Companies11
  • 7D-0.9%
  • 3M-4.8%
  • 1Y-16.1%
  • YTDn/a

The Steel industry is up 1.2% in the last week, with ADF Group up 19%. However, the industry is down 16% over the past year. As for the next few years, earnings are expected to grow by 6.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Jun 2025CA$2.5bCA$719.4mCA$162.1m6.9x15.5x3.5x
Mon, 12 May 2025CA$2.5bCA$771.2mCA$173.2m5.9x14.2x3.2x
Wed, 09 Apr 2025CA$2.3bCA$810.0mCA$210.5m5.8x10.9x2.8x
Fri, 07 Mar 2025CA$2.6bCA$1.0bCA$184.5m6.4x14.3x2.5x
Sun, 02 Feb 2025CA$2.7bCA$1.0bCA$183.6m7.8x14.7x2.6x
Tue, 31 Dec 2024CA$2.7bCA$1.0bCA$175.5m5.8x15.6x2.6x
Thu, 28 Nov 2024CA$2.7bCA$1.0bCA$174.6m5.5x15.5x2.6x
Sat, 26 Oct 2024CA$6.6bCA$3.9bCA$414.8m7.7x15.8x1.7x
Mon, 23 Sep 2024CA$6.5bCA$3.9bCA$415.0m7.9x15.7x1.7x
Wed, 21 Aug 2024CA$6.6bCA$3.9bCA$436.4m8.6x15.1x1.7x
Fri, 19 Jul 2024CA$6.6bCA$4.1bCA$481.1m9.9x13.8x1.6x
Sun, 16 Jun 2024CA$5.1bCA$4.1bCA$481.2m9.2x10.6x1.3x
Tue, 14 May 2024CA$5.5bCA$4.1bCA$473.4m10x11.6x1.4x
Thu, 11 Apr 2024CA$5.3bCA$4.0bCA$379.7m10.5x14x1.3x
Sat, 09 Mar 2024CA$5.2bCA$4.0bCA$359.5m11x14.6x1.3x
Mon, 05 Feb 2024CA$5.2bCA$4.0bCA$407.0m9.9x12.9x1.3x
Wed, 03 Jan 2024CA$5.6bCA$4.0bCA$406.9m9.1x13.7x1.4x
Fri, 01 Dec 2023CA$5.2bCA$4.0bCA$397.5m9x13x1.3x
Sun, 29 Oct 2023CA$4.7bCA$4.1bCA$496.5m7x9.5x1.1x
Tue, 26 Sep 2023CA$4.9bCA$4.1bCA$495.5m7.1x9.9x1.2x
Thu, 24 Aug 2023CA$4.9bCA$4.1bCA$485.2m7.5x10x1.2x
Sat, 22 Jul 2023CA$5.1bCA$4.3bCA$955.9m3.8x5.3x1.2x
Mon, 19 Jun 2023CA$5.1bCA$4.3bCA$953.9m4.7x5.3x1.2x
Wed, 17 May 2023CA$5.1bCA$4.3bCA$953.3m4.8x5.3x1.2x
Fri, 14 Apr 2023CA$5.5bCA$4.5bCA$1.3b5.8x4.3x1.2x
Sun, 12 Mar 2023CA$5.8bCA$4.5bCA$1.3b5.2x4.6x1.3x
Tue, 07 Feb 2023CA$5.8bCA$5.1bCA$1.9b6.6x3.1x1.1x
Thu, 05 Jan 2023CA$5.3bCA$5.1bCA$1.9b5.6x2.9x1.1x
Sat, 03 Dec 2022CA$5.3bCA$5.1bCA$1.9b6x2.9x1x
Mon, 31 Oct 2022CA$4.5bCA$5.6bCA$2.3b3.6x1.9x0.8x
Wed, 28 Sep 2022CA$4.7bCA$5.6bCA$2.3b3.6x2x0.8x
Fri, 26 Aug 2022CA$5.2bCA$5.6bCA$2.3b2.7x2.2x0.9x
Sun, 24 Jul 2022CA$4.8bCA$5.5bCA$2.2b4.2x2.2x0.9x
Tue, 21 Jun 2022CA$5.2bCA$5.5bCA$2.2b4.8x2.3x0.9x
Price to Earnings Ratio

2.3x


Total Market Cap: CA$5.2bTotal Earnings: CA$2.2bTotal Revenue: CA$5.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 9.4x202320242025
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 15.7x which is higher than its 3-year average PE of 9.4x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 58% per year over the last three years,
  • Revenues have also declined 49% 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 Market0.35%
Materials1.46%
Metals and Mining1.30%
Steel-0.89%
Gold2.94%
Aluminum0%0
Silver-0.34%
Precious Metals and Minerals-1.71%
Diversified Metals and Mining-2.34%
Copper-2.77%
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$8.0019.4%
+CA$36.5m		-52.7%PE4.5x
BKI Black IronCA$0.1110.0%
+CA$3.1m		100.0%PE-11.6x
TSL Tree Island SteelCA$2.502.0%
+CA$1.3m		-18.6%PS0.3x
CAF Canaf InvestmentsCA$0.357.7%
+CA$1.2m		70.7%PE6.9x
MOX Morien ResourcesCA$0.325.0%
+CA$769.4k		-4.5%PS184.2x
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Latest News

TSL

CA$2.50

Tree Island Steel

7D

2.0%

1Y

-18.6%

DRX

CA$8.00

ADF Group

7D

19.4%

1Y

-52.7%

LIF

CA$28.47

Labrador Iron Ore Royalty

7D

-2.1%

1Y

-3.2%

CAF

CA$0.35

Canaf Investments

7D

7.7%

1Y

70.7%

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MOX

CA$0.32

Morien Resources

7D

5.0%

1Y

-4.5%

FEO

CA$0.19

Oceanic Iron Ore

7D

-9.5%

1Y

111.1%

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May 01
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CAD

CA$1.38

Colonial Coal International

7D

-8.6%

1Y

-41.3%

BKI

CA$0.11

Black Iron

7D

10.0%

1Y

100.0%

CNT

CA$0.05

Century Global Commodities

7D

-9.1%

1Y

100.0%

HTRC

CA$0.055

High Tide Resources

7D

-8.3%

1Y

22.2%