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Canadian (TSX) Materials Sector Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies1290
  • 7D2.9%
  • 3M23.3%
  • 1Y-3.0%
  • YTD14.5%

In the last week, the Materials industry is up 2.9%, with Nutrien leading the way, up 5.4%. In the same time, NGEx Minerals was down 9.2%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

Has the Canadian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024CA$465.6bCA$192.7bCA$2.2b18.1x210.3x2.4x
Sat, 06 Apr 2024CA$445.3bCA$190.5bCA$3.5b17.7x126.4x2.3x
Mon, 04 Mar 2024CA$382.3bCA$190.8bCA$4.6b14.4x83.8x2x
Wed, 31 Jan 2024CA$410.6bCA$199.4bCA$5.3b13.2x77.5x2.1x
Fri, 29 Dec 2023CA$433.9bCA$197.6bCA$5.2b13.8x83.2x2.2x
Sun, 26 Nov 2023CA$411.4bCA$201.7bCA$5.4b11.9x76.8x2x
Tue, 24 Oct 2023CA$423.9bCA$204.8bCA$7.4b11x56.9x2.1x
Thu, 21 Sep 2023CA$445.0bCA$202.5bCA$7.5b11x59.7x2.2x
Sat, 19 Aug 2023CA$431.3bCA$202.3bCA$7.3b11.1x59.1x2.1x
Mon, 17 Jul 2023CA$460.5bCA$207.6bCA$14.5b10.8x31.8x2.2x
Wed, 14 Jun 2023CA$450.9bCA$208.4bCA$14.6b11.5x31x2.2x
Fri, 12 May 2023CA$476.4bCA$210.8bCA$15.5b12.1x30.8x2.3x
Sun, 09 Apr 2023CA$481.2bCA$218.4bCA$21.4b11.8x22.4x2.2x
Tue, 07 Mar 2023CA$457.4bCA$220.1bCA$24.4b11.4x18.7x2.1x
Thu, 02 Feb 2023CA$484.7bCA$222.8bCA$29.0b12.1x16.7x2.2x
Sat, 31 Dec 2022CA$434.7bCA$225.7bCA$29.4b9.9x14.8x1.9x
Mon, 28 Nov 2022CA$433.0bCA$223.4bCA$29.1b9.9x14.9x1.9x
Wed, 26 Oct 2022CA$403.4bCA$223.5bCA$33.0b8.1x12.2x1.8x
Fri, 23 Sep 2022CA$400.4bCA$222.1bCA$32.7b8.9x12.3x1.8x
Sun, 21 Aug 2022CA$409.7bCA$215.7bCA$31.9b9.3x12.8x1.9x
Tue, 19 Jul 2022CA$375.1bCA$206.5bCA$28.8b9x13x1.8x
Thu, 16 Jun 2022CA$451.9bCA$205.7bCA$28.9b10.8x15.6x2.2x
Sat, 14 May 2022CA$466.0bCA$204.9bCA$28.7b10.4x16.2x2.3x
Mon, 11 Apr 2022CA$550.9bCA$190.4bCA$24.9b12.5x22.1x2.9x
Wed, 09 Mar 2022CA$551.9bCA$196.4bCA$26.2b12.6x21.1x2.8x
Fri, 04 Feb 2022CA$467.9bCA$187.1bCA$24.1b10.2x19.4x2.5x
Sun, 02 Jan 2022CA$480.8bCA$186.4bCA$23.8b10.1x20.2x2.6x
Tue, 30 Nov 2021CA$469.1bCA$187.5bCA$24.3b9.9x19.3x2.5x
Thu, 28 Oct 2021CA$471.2bCA$174.3bCA$21.1b10.6x22.4x2.7x
Sat, 25 Sep 2021CA$437.1bCA$177.5bCA$21.8b10.5x20.1x2.5x
Mon, 23 Aug 2021CA$442.9bCA$174.6bCA$21.5b10.8x20.6x2.5x
Sat, 10 Jul 2021CA$458.3bCA$174.5bCA$21.5b11.9x21.3x2.6x
Price to Earnings Ratio

31.9x


Total Market Cap: CA$484.1bTotal Earnings: CA$15.2bTotal Revenue: CA$160.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 128.7x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 210x which is higher than its 3-year average PE of 129x.
  • The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 47% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% 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 decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Materials sector?

CA Market3.09%
Materials2.88%
Chemicals4.53%
Basic Materials4.00%
Packaging3.04%
Metals and Mining2.71%
Paper and Forestry Products2.26%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 427x.
    • Analysts are expecting annual earnings growth of 28.1%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NTR NutrienCA$76.145.4%
+CA$1.9b		-10.1%PE21.8x
IVN Ivanhoe MinesCA$19.886.9%
+CA$1.6b		72.4%PE110.2x
FNV Franco-NevadaCA$173.523.5%
+CA$1.1b		-18.5%PS20.3x
K Kinross GoldCA$9.758.9%
+CA$983.2m		31.4%PE20.1x
FM First Quantum MineralsCA$18.366.2%
+CA$884.6m		-45.1%PS1.9x
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Latest News

NTR

CA$76.14

Nutrien

7D

5.4%

1Y

-10.1%

WRLG

CA$0.68

West Red Lake Gold Mines

7D

-17.1%

1Y

-2.9%

K

CA$9.75

Kinross Gold

7D

8.9%

1Y

31.4%

TFPM

CA$21.95

Triple Flag Precious Metals

7D

-1.7%

1Y

1.8%

ABX

CA$22.98

Barrick Gold

7D

2.0%

1Y

-13.1%

IVN

CA$19.88

Ivanhoe Mines

7D

6.9%

1Y

72.4%

FNV

CA$173.52

Franco-Nevada

7D

3.5%

1Y

-18.5%

TECK.B

CA$68.14

Teck Resources

7D

2.3%

1Y

13.8%

ASE

CA$1.10

Asante Gold

7D

-9.1%

1Y

-46.3%

IAU

CA$1.55

i-80 Gold

7D

-9.4%

1Y

-50.3%

LAC

CA$5.95

Lithium Americas

7D

-3.3%

1Y

n/a

FM

CA$18.36

First Quantum Minerals

7D

6.2%

1Y

-45.1%

NGEX

CA$8.87

NGEx Minerals

7D

-9.2%

1Y

36.3%

We Think NGEx Minerals (TSE:NGEX) Can Afford To Drive Business Growth

Apr 17
We Think NGEx Minerals (TSE:NGEX) Can Afford To Drive Business Growth

WPM

CA$74.64

Wheaton Precious Metals

7D

2.5%

1Y

7.7%

Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16
Wheaton Precious Metals (TSE:WPM) Shareholders Will Want The ROCE Trajectory To Continue

MSR

CA$0.61

Minsud Resources

7D

-38.4%

1Y

-39.0%

YRI

CA$7.88

Yamana Gold

7D

-1.7%

1Y

6.3%