Canadian (TSX) Electrical Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies16
- 7D1.3%
- 3M-8.7%
- 1Y-16.9%
- YTD-7.8%
In the last week, the Electrical industry is up 1.3%, with Ballard Power Systems up 8.8%. During this same period, the Exro Technologies underperformed, falling 13%. In the past year, the industry is down 17%. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Canadian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | CA$3.2b | CA$1.2b | -CA$276,519,472.86 | 22x | -11.4x | 2.7x |
| Sat, 06 Apr 2024 | CA$3.7b | CA$1.2b | -CA$257,230,274.11 | 28.4x | -14.4x | 3.2x |
| Mon, 04 Mar 2024 | CA$3.5b | CA$1.1b | -CA$279,922,684.92 | 22.9x | -12.5x | 3.2x |
| Wed, 31 Jan 2024 | CA$3.3b | CA$1.1b | -CA$279,043,257.00 | 18x | -11.7x | 2.9x |
| Fri, 29 Dec 2023 | CA$3.2b | CA$1.1b | -CA$290,997,850.00 | 15.4x | -10.8x | 2.8x |
| Sun, 26 Nov 2023 | CA$3.1b | CA$1.1b | -CA$305,559,839.00 | 15.4x | -10.3x | 2.8x |
| Tue, 24 Oct 2023 | CA$3.0b | CA$1.1b | -CA$286,483,267.00 | 11.8x | -10.3x | 2.7x |
| Thu, 21 Sep 2023 | CA$3.2b | CA$1.1b | -CA$278,991,344.00 | 10.7x | -11.6x | 3x |
| Sat, 19 Aug 2023 | CA$3.3b | CA$1.1b | -CA$270,172,880.00 | 10.5x | -12.1x | 3x |
| Mon, 17 Jul 2023 | CA$3.4b | CA$1.0b | -CA$297,458,974.00 | 11.9x | -11.3x | 3.3x |
| Wed, 14 Jun 2023 | CA$3.5b | CA$1.0b | -CA$298,961,170.00 | 10.6x | -11.8x | 3.4x |
| Fri, 12 May 2023 | CA$3.3b | CA$1.0b | -CA$311,037,011.00 | 9.7x | -10.5x | 3.1x |
| Sun, 09 Apr 2023 | CA$3.4b | CA$990.4m | -CA$344,641,120.00 | 9.5x | -9.8x | 3.4x |
| Tue, 07 Mar 2023 | CA$3.7b | CA$981.7m | -CA$366,705,554.00 | 7.9x | -10.2x | 3.8x |
| Thu, 02 Feb 2023 | CA$3.8b | CA$942.6m | -CA$348,176,377.00 | 7.8x | -11x | 4.1x |
| Sat, 31 Dec 2022 | CA$2.8b | CA$941.0m | -CA$344,952,117.00 | 6.6x | -8.2x | 3x |
| Mon, 28 Nov 2022 | CA$3.4b | CA$939.2m | -CA$333,288,357.00 | 8.2x | -10.1x | 3.6x |
| Wed, 26 Oct 2022 | CA$3.1b | CA$881.1m | -CA$324,993,021.00 | 7.1x | -9.5x | 3.5x |
| Fri, 23 Sep 2022 | CA$3.4b | CA$879.5m | -CA$315,574,150.00 | 6.5x | -10.9x | 3.9x |
| Sun, 21 Aug 2022 | CA$3.8b | CA$873.3m | -CA$308,868,254.00 | 7x | -12.2x | 4.3x |
| Tue, 19 Jul 2022 | CA$3.1b | CA$816.1m | -CA$256,127,904.00 | 6.3x | -12.2x | 3.8x |
| Thu, 16 Jun 2022 | CA$3.1b | CA$815.4m | -CA$255,257,294.00 | 6.1x | -12.2x | 3.8x |
| Sat, 14 May 2022 | CA$3.4b | CA$815.2m | -CA$253,602,094.00 | 7.4x | -13.3x | 4.1x |
| Mon, 11 Apr 2022 | CA$4.7b | CA$745.2m | -CA$190,474,663.00 | 7.3x | -24.8x | 6.3x |
| Wed, 09 Mar 2022 | CA$4.5b | CA$683.2m | -CA$147,532,656.00 | 9.4x | -30.8x | 6.7x |
| Fri, 04 Feb 2022 | CA$4.3b | CA$682.1m | -CA$142,305,089.00 | 9x | -30.4x | 6.3x |
| Sun, 02 Jan 2022 | CA$5.7b | CA$680.2m | -CA$137,583,489.00 | 8.5x | -41.2x | 8.3x |
| Tue, 30 Nov 2021 | CA$6.7b | CA$681.5m | -CA$138,741,603.00 | 8.5x | -48.6x | 9.9x |
| Thu, 28 Oct 2021 | CA$6.8b | CA$659.0m | -CA$102,451,681.00 | 8.2x | -66.3x | 10.3x |
| Sat, 25 Sep 2021 | CA$6.4b | CA$651.8m | -CA$105,094,742.00 | 7.7x | -61x | 9.8x |
| Mon, 23 Aug 2021 | CA$6.6b | CA$653.1m | -CA$98,734,086.41 | 8.5x | -66.5x | 10.1x |
| Sat, 10 Jul 2021 | CA$7.2b | CA$653.1m | -CA$98,734,086.41 | 7.4x | -73.4x | 11.1x |
Price to Earnings Ratio
-84x
Current Industry PE
- Investors are pessimistic on the Canadian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 24% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 3.09% | |
| Industrials | 5.08% | |
| Electrical | 1.30% | |
| Heavy Electrical Equipment | 1.84% | |
| Electrical Components | 1.30% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BLDP Ballard Power Systems | CA$3.96 | 8.8% +CA$95.8m | -30.0% | PS8.3x | |
| NHHH FuelPositive | CA$0.075 | 7.1% +CA$2.6m | -28.6% | PB1.3x | |
| SWAN Black Swan Graphene | CA$0.13 | 4.0% +CA$1.5m | -33.3% | PB2.8x | |
| ELVA Electrovaya | CA$4.38 | 0.7% +CA$1.0m | -6.8% | PE120.9x | |
| HEAT Hillcrest Energy Technologies | CA$0.26 | 2.0% +CA$426.4k | -57.5% | PB19.4x |