Header cover image

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?

DateMarket CapRevenueEarningsPE
Tue, 24 May 2022CA$5.5bCA$5.5bCA$2.2b4.5x
Thu, 21 Apr 2022CA$7.1bCA$5.2bCA$2.1b5.9x
Sat, 19 Mar 2022CA$7.0bCA$5.2bCA$2.1b5x
Mon, 14 Feb 2022CA$6.4bCA$4.4bCA$1.4b4.6x
Wed, 12 Jan 2022CA$6.3bCA$4.3bCA$1.4b4.6x
Fri, 10 Dec 2021CA$6.5bCA$4.4bCA$1.4b4.5x
Sun, 07 Nov 2021CA$6.4bCA$3.1bCA$700.0m5.5x
Tue, 05 Oct 2021CA$5.8bCA$3.1bCA$647.0m6.1x
Thu, 02 Sep 2021CA$7.2bCA$3.1bCA$642.0m6.4x
Sat, 31 Jul 2021CA$7.5bCA$3.1bCA$642.0m6.4x
Tue, 04 May 2021CA$6.1bCA$2.5bCA$162.5m4.9x
Fri, 05 Feb 2021CA$4.3bCA$2.3b-CA$26,143,053.998.1x
Mon, 09 Nov 2020CA$3.2bCA$2.4b-CA$13,996,463.728.1x
Sun, 02 Aug 2020CA$2.6bCA$2.6bCA$68.3m8.9x
Wed, 06 May 2020CA$2.0bCA$2.7bCA$123.3m7.4x
Sat, 08 Feb 2020CA$2.5bCA$2.7bCA$194.6m19.9x
Fri, 01 Nov 2019CA$2.6bCA$2.9bCA$346.9m5.9x
Mon, 05 Aug 2019CA$3.7bCA$3.1bCA$475.6m5.5x
Median PE Ratio

13.1x


Total Market Cap: CA$3.8bTotal Earnings: CA$394.4mTotal Revenue: CA$3.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Median PE3Y Average 7.9x202020212022
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 Market0.16%
Materials1.53%
Metals and Mining3.09%
Steel1.57%
Copper5.58%
Silver4.11%
Diversified Metals and Mining3.06%
Gold2.65%
Precious Metals and Minerals0.30%
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?

CompanyLast Price7D1YValuation
LIF Labrador Iron Ore RoyaltyCA$32.905.4%
+CA$108.2m
-22.9%PS5.9x
CSO Corsa CoalCA$0.3310.0%
+CA$3.1m
-10.8%PS13.6x
STLC Stelco HoldingsCA$38.390.08%
+CA$2.2m
13.3%PS1.6x
DRX ADF GroupCA$1.542.7%
+CA$1.3m
14.9%PS5.3x
EMM Giyani MetalsCA$0.361.4%
+CA$1.1m
-14.3%PB2.7x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BKI

CA$0.09

Black Iron

7D

-5.3%

1Y

-80.9%

CSO

CA$0.33

Corsa Coal

7D

10.0%

1Y

-10.8%

CFE

CA$0.06

Cartier Iron

7D

-14.3%

1Y

-50.0%