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Canadian (TSX) Steel Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies12
  • 7D-3.0%
  • 3M-5.4%
  • 1Y-7.0%
  • YTDn/a

Over the last 7 days, the Steel industry has remained flat, although notably ADF Group declined by 7.0%. Unfortunately though, the industry is down 6.6% over the past 12 months. In the next few years, earnings are forecast to decline by 2.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Feb 2025CA$2.7bCA$1.0bCA$183.8m7.8x14.9x2.6x
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
Thu, 19 May 2022CA$5.7bCA$5.5bCA$2.2b4.4x2.6x1x
Sat, 16 Apr 2022CA$7.2bCA$5.2bCA$2.1b5.9x3.5x1.4x
Mon, 14 Mar 2022CA$7.5bCA$5.2bCA$2.1b4.9x3.6x1.5x
Wed, 09 Feb 2022CA$6.3bCA$4.4bCA$1.4b4.7x4.4x1.4x
Price to Earnings Ratio

4.4x


Total Market Cap: CA$6.3bTotal Earnings: CA$1.4bTotal Revenue: CA$4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 8.2x202320242025
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 14.8x which is higher than its 3-year average PE of 8.2x.
  • 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 49% 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-0.47%
Materials0.63%
Metals and Mining1.17%
Steel-2.99%
Silver6.15%
Gold3.78%
Precious Metals and Minerals2.65%
Aluminum0%0
Diversified Metals and Mining-4.74%
Copper-4.75%
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
TSL Tree Island SteelCA$2.974.2%
+CA$3.1m		-13.4%PS0.4x
MOX Morien ResourcesCA$0.3020.0%
+CA$2.6m		-15.5%PS137.5x
FEO Oceanic Iron OreCA$0.244.3%
+CA$1.1m		269.2%PB0.8x
RXM Rockex MiningCA$0.01550.0%
+CA$668.4k		n/aPE-1.4x
CAF Canaf InvestmentsCA$0.391.3%
+CA$237.1k		129.4%PE7.8x
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1Y

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TSL

CA$2.97

Tree Island Steel

7D

4.2%

1Y

-13.4%

RXM

CA$0.015

Rockex Mining

7D

50.0%

1Y

n/a

LIF

CA$30.51

Labrador Iron Ore Royalty

7D

-1.1%

1Y

-5.7%

MOX

CA$0.30

Morien Resources

7D

20.0%

1Y

-15.5%

CNT

CA$0.025

Century Global Commodities

7D

-16.7%

1Y

-58.3%

FEO

CA$0.24

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7D

4.3%

1Y

269.2%

BKI

CA$0.16

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7D

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1Y

190.9%

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CA$1.60

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1Y

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