Header cover image

Canadian (TSX) Chemicals Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies32
  • 7D4.5%
  • 3M13.0%
  • 1Y-8.1%
  • YTD0.8%

Over the last 7 days, the Chemicals industry has risen 4.5%, driven by gains from Nutrien of 5.4%. In contrast, the industry has lost 8.1% in the last 12 months. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024CA$45.9bCA$48.3bCA$1.8b21.8x25.3x1x
Sat, 06 Apr 2024CA$45.7bCA$47.7bCA$2.0b21.4x22.9x1x
Mon, 04 Mar 2024CA$42.6bCA$47.7bCA$2.2b17.1x19.7x0.9x
Wed, 31 Jan 2024CA$41.5bCA$49.8bCA$3.4b13.9x12.4x0.8x
Fri, 29 Dec 2023CA$45.3bCA$49.2bCA$3.3b14.3x13.7x0.9x
Sun, 26 Nov 2023CA$45.0bCA$50.7bCA$3.4b12.3x13.2x0.9x
Tue, 24 Oct 2023CA$45.5bCA$54.9bCA$5.5b7.6x8.3x0.8x
Thu, 21 Sep 2023CA$49.6bCA$54.0bCA$5.4b8.4x9.2x0.9x
Sat, 19 Aug 2023CA$48.7bCA$54.3bCA$5.4b10.3x9x0.9x
Mon, 17 Jul 2023CA$47.5bCA$57.2bCA$9.6b8.6x5x0.8x
Wed, 14 Jun 2023CA$47.6bCA$57.6bCA$9.6b8.9x4.9x0.8x
Fri, 12 May 2023CA$49.0bCA$58.4bCA$9.8b9.3x5x0.8x
Sun, 09 Apr 2023CA$53.9bCA$60.8bCA$10.9b8.1x4.9x0.9x
Tue, 07 Mar 2023CA$64.7bCA$61.4bCA$11.0b9.3x5.9x1.1x
Thu, 02 Feb 2023CA$67.1bCA$59.9bCA$11.0b6.7x6.1x1.1x
Sat, 31 Dec 2022CA$59.2bCA$61.0bCA$11.2b5.2x5.3x1x
Mon, 28 Nov 2022CA$65.3bCA$60.3bCA$11.0b7.4x5.9x1.1x
Wed, 26 Oct 2022CA$68.3bCA$58.1bCA$10.1b6.7x6.8x1.2x
Fri, 23 Sep 2022CA$71.0bCA$57.6bCA$10.0b7.2x7.1x1.2x
Sun, 21 Aug 2022CA$71.3bCA$55.5bCA$9.6b8.3x7.4x1.3x
Tue, 19 Jul 2022CA$60.0bCA$49.1bCA$6.3b6.6x9.6x1.2x
Thu, 16 Jun 2022CA$71.2bCA$48.8bCA$6.2b7.5x11.4x1.5x
Sat, 14 May 2022CA$79.5bCA$48.7bCA$6.2b8.2x12.7x1.6x
Mon, 11 Apr 2022CA$84.6bCA$43.2bCA$4.4b15.6x19.3x2x
Wed, 09 Mar 2022CA$80.6bCA$44.0bCA$4.5b16.6x18.1x1.8x
Fri, 04 Feb 2022CA$62.0bCA$39.1bCA$3.4b17.6x18.2x1.6x
Sun, 02 Jan 2022CA$64.2bCA$38.5bCA$3.1b19.8x20.7x1.7x
Tue, 30 Nov 2021CA$59.8bCA$38.9bCA$3.2b17.2x18.9x1.5x
Thu, 28 Oct 2021CA$59.5bCA$34.6bCA$1.2b30.4x50.3x1.7x
Sat, 25 Sep 2021CA$57.0bCA$35.6bCA$1.2b19.3x46.6x1.6x
Mon, 23 Aug 2021CA$52.0bCA$34.7bCA$1.2b26.1x44x1.5x
Sat, 10 Jul 2021CA$51.3bCA$34.7bCA$1.2b26.2x43.4x1.5x
Price to Earnings Ratio

112.6x


Total Market Cap: CA$50.9bTotal Earnings: CA$451.9mTotal Revenue: CA$32.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 18.3x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.3x which is higher than its 3-year average PE of 18.3x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 59% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CA Market3.09%
Materials2.88%
Chemicals4.53%
Industrial Gases5.65%
Fertilizers and Agricultural Chemicals5.36%
Specialty Chemicals4.86%
Diversified Chemicals0%
Commodity Chemicals-0.34%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 15.5x.
    • Analysts are expecting annual earnings growth of 18.8%, which is higher than its past year's earnings decline of 83.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 22% over the next 5 years.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 9.1% 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
VNP 5N PlusCA$5.089.0%
+CA$37.3m		58.3%PE20x
NANO Nano One MaterialsCA$2.0815.6%
+CA$31.2m		-25.7%PB4.9x
IFOS ItafosCA$1.414.4%
+CA$11.5m		-20.3%PE50.9x
HPQ HPQ SiliconCA$0.239.3%
+CA$7.4m		4.4%PB68.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
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

VNP

CA$5.08

5N Plus

7D

9.0%

1Y

58.3%

5N Plus Inc. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next

May 09
5N Plus Inc. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next

NTR

CA$76.14

Nutrien

7D

5.4%

1Y

-10.1%

BOS

CA$5.83

AirBoss of America

7D

-1.2%

1Y

-19.6%

AIM

CA$2.40

Aimia

7D

3.0%

1Y

-33.1%

ECO

CA$4.85

EcoSynthetix

7D

-0.4%

1Y

67.2%

OSIX

CA$0.095

Oceansix Future Paths

7D

26.7%

1Y

35.7%

GRA

CA$2.40

NanoXplore

7D

-3.2%

1Y

-18.1%

HPQ

CA$0.23

HPQ Silicon

7D

9.3%

1Y

4.4%

Is HPQ Silicon (CVE:HPQ) In A Good Position To Invest In Growth?

May 03
Is HPQ Silicon (CVE:HPQ) In A Good Position To Invest In Growth?

NANO

CA$2.08

Nano One Materials

7D

15.6%

1Y

-25.7%

We're Keeping An Eye On Nano One Materials' (TSE:NANO) Cash Burn Rate

May 03
We're Keeping An Eye On Nano One Materials' (TSE:NANO) Cash Burn Rate

GDNP

CA$0.04

good natured Products

7D

-20.0%

1Y

-80.0%

IFOS

CA$1.41

Itafos

7D

4.4%

1Y

-20.3%

MX

CA$66.50

Methanex

7D

0.1%

1Y

15.5%

CHE.UN

CA$8.71

Chemtrade Logistics Income Fund

7D

-0.9%

1Y

18.8%

Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055

Apr 26
Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055

NPK

CA$0.79

Verde AgriTech

7D

-3.7%

1Y

-65.4%

WRX

CA$0.12

Western Resources

7D

-7.7%

1Y

-60.7%

AUUA

CA$0.14

Aluula Composites

7D

-10.0%

1Y

-25.0%