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Canadian (TSX) Steel Industry Analysis
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies14
- 7D1.6%
- 3M-8.3%
- 1Y-4.6%
- YTD-9.8%
In the last week, the Steel industry is up 1.6%, with Labrador Iron Ore Royalty up 5.4%. Meanwhile, Colonial Coal International actually underperformed within the industry, shrinking 7.7% in the last week. However, the industry is down 4.6% over the past year. As for the next few years, earnings are forecast to decline by 37% per annum.
Industry Valuation and Performance
Has the Canadian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 24 May 2022 | CA$5.5b | CA$5.5b | CA$2.2b | 4.5x |
| Thu, 21 Apr 2022 | CA$7.1b | CA$5.2b | CA$2.1b | 5.9x |
| Sat, 19 Mar 2022 | CA$7.0b | CA$5.2b | CA$2.1b | 5x |
| Mon, 14 Feb 2022 | CA$6.4b | CA$4.4b | CA$1.4b | 4.6x |
| Wed, 12 Jan 2022 | CA$6.3b | CA$4.3b | CA$1.4b | 4.6x |
| Fri, 10 Dec 2021 | CA$6.5b | CA$4.4b | CA$1.4b | 4.5x |
| Sun, 07 Nov 2021 | CA$6.4b | CA$3.1b | CA$700.0m | 5.5x |
| Tue, 05 Oct 2021 | CA$5.8b | CA$3.1b | CA$647.0m | 6.1x |
| Thu, 02 Sep 2021 | CA$7.2b | CA$3.1b | CA$642.0m | 6.4x |
| Sat, 31 Jul 2021 | CA$7.5b | CA$3.1b | CA$642.0m | 6.4x |
| Tue, 04 May 2021 | CA$6.1b | CA$2.5b | CA$162.5m | 4.9x |
| Fri, 05 Feb 2021 | CA$4.3b | CA$2.3b | -CA$26,143,053.99 | 8.1x |
| Mon, 09 Nov 2020 | CA$3.2b | CA$2.4b | -CA$13,996,463.72 | 8.1x |
| Sun, 02 Aug 2020 | CA$2.6b | CA$2.6b | CA$68.3m | 8.9x |
| Wed, 06 May 2020 | CA$2.0b | CA$2.7b | CA$123.3m | 7.4x |
| Sat, 08 Feb 2020 | CA$2.5b | CA$2.7b | CA$194.6m | 19.9x |
| Fri, 01 Nov 2019 | CA$2.6b | CA$2.9b | CA$346.9m | 5.9x |
| Mon, 05 Aug 2019 | CA$3.7b | CA$3.1b | CA$475.6m | 5.5x |
Median PE Ratio
13.1x
Current Industry PE
- Investors are relatively neutral on the 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 7.9x.
- Future earnings are expected to decline by 37% which could cause market valuations to fall.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 77% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Canadian Steel compare with similar industries?
| CA Market | 0.16% | |
| Materials | 1.53% | |
| Metals and Mining | 3.09% | |
| Steel | 1.57% | |
| Copper | 5.58% | |
| Silver | 4.11% | |
| Diversified Metals and Mining | 3.06% | |
| Gold | 2.65% | |
| Precious Metals and Minerals | 0.30% | |
| Aluminum | -7.81% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LIF Labrador Iron Ore Royalty | CA$32.90 | 5.4% +CA$108.2m | -22.9% | PS5.9x | |
| CSO Corsa Coal | CA$0.33 | 10.0% +CA$3.1m | -10.8% | PS13.6x | |
| STLC Stelco Holdings | CA$38.39 | 0.08% +CA$2.2m | 13.3% | PS1.6x | |
| DRX ADF Group | CA$1.54 | 2.7% +CA$1.3m | 14.9% | PS5.3x | |
| EMM Giyani Metals | CA$0.36 | 1.4% +CA$1.1m | -14.3% | PB2.7x |
