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Canadian (TSX) Materials Sector Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies1367
  • 7D-1.7%
  • 3M-11.6%
  • 1Y1.2%
  • YTD-6.7%

Over the last 7 days, the Materials industry has dropped 1.7%, driven by a pullback from Teck Resources of 5.8%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023CA$424.7bCA$205.7bCA$7.2b11.8x58.7x2.1x
Thu, 28 Sep 2023CA$416.8bCA$202.9bCA$7.5b10.7x55.9x2.1x
Sat, 26 Aug 2023CA$438.5bCA$202.9bCA$7.3b11.3x59.8x2.2x
Mon, 24 Jul 2023CA$460.8bCA$207.6bCA$14.5b11.8x31.9x2.2x
Wed, 21 Jun 2023CA$441.4bCA$207.7bCA$14.4b11.8x30.6x2.1x
Fri, 19 May 2023CA$466.8bCA$210.6bCA$15.1b11.8x31x2.2x
Sun, 16 Apr 2023CA$498.7bCA$216.7bCA$21.2b11.8x23.5x2.3x
Tue, 14 Mar 2023CA$444.4bCA$221.1bCA$24.2b11x18.3x2x
Thu, 09 Feb 2023CA$464.1bCA$224.3bCA$29.0b11.7x16x2.1x
Sat, 07 Jan 2023CA$458.0bCA$224.6bCA$29.3b10.3x15.7x2x
Mon, 05 Dec 2022CA$449.1bCA$224.7bCA$29.3b10.2x15.3x2x
Wed, 02 Nov 2022CA$408.2bCA$224.2bCA$30.8b8x13.2x1.8x
Fri, 30 Sep 2022CA$396.3bCA$224.6bCA$33.1b8.8x12x1.8x
Sun, 28 Aug 2022CA$421.1bCA$215.7bCA$31.8b9.1x13.2x2x
Tue, 26 Jul 2022CA$380.0bCA$204.7bCA$28.5b9.3x13.3x1.9x
Thu, 23 Jun 2022CA$433.1bCA$205.6bCA$28.8b10.4x15x2.1x
Sat, 21 May 2022CA$478.6bCA$204.0bCA$28.7b10.8x16.7x2.3x
Mon, 18 Apr 2022CA$567.6bCA$190.7bCA$24.8b12x22.9x3x
Wed, 16 Mar 2022CA$538.4bCA$195.8bCA$26.1b12.1x20.6x2.7x
Fri, 11 Feb 2022CA$488.4bCA$186.9bCA$24.0b10.8x20.4x2.6x
Sun, 09 Jan 2022CA$461.0bCA$186.4bCA$23.8b10.1x19.3x2.5x
Tue, 07 Dec 2021CA$460.4bCA$187.5bCA$24.2b9.4x19x2.5x
Thu, 04 Nov 2021CA$462.5bCA$181.5bCA$24.5b11.1x18.9x2.5x
Sat, 02 Oct 2021CA$432.5bCA$177.4bCA$21.6b9.7x20.1x2.4x
Mon, 30 Aug 2021CA$450.4bCA$174.6bCA$21.5b11.2x20.9x2.6x
Tue, 06 Jul 2021CA$458.3bCA$174.5bCA$21.5b11.9x21.3x2.6x
Fri, 09 Apr 2021CA$419.1bCA$159.8bCA$15.0b14.3x27.9x2.6x
Thu, 31 Dec 2020CA$426.6bCA$151.5bCA$8.9b15.2x48x2.8x
Price to Earnings Ratio

112x


Total Market Cap: CA$407.0bTotal Earnings: CA$3.6bTotal Revenue: CA$146.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Materials Sector Price to Earnings3Y Average 28.8x202120222023
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 58.7x which is higher than its 3-year average PE of 31.1x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 12% 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 sector?

CA Market-1.70%
Materials-1.65%
Basic Materials2.04%
Paper and Forestry Products-0.93%
Metals and Mining-1.26%
Packaging-2.00%
Chemicals-4.71%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 67.4x.
    • Analysts are expecting annual earnings growth of 28.1%, which is higher than its past year's earnings decline of 23.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Chemicals industry is expected to see its earnings decline by 7.8% 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
MX MethanexCA$57.206.1%
+CA$221.7m		20.3%PE15.3x
STLC Stelco HoldingsCA$37.6211.8%
+CA$219.4m		9.6%PE7.2x
ELD Eldorado GoldCA$15.047.2%
+CA$205.5m		97.6%PE39.4x
WPM Wheaton Precious MetalsCA$60.070.7%
+CA$176.7m		34.8%PE32x
NGD New GoldCA$1.7217.0%
+CA$171.4m		39.8%PS1.1x
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Latest News

FM

CA$20.00

First Quantum Minerals

7D

-32.0%

1Y

-16.8%

MX

CA$57.20

Methanex

7D

6.1%

1Y

20.3%

ELD

CA$15.04

Eldorado Gold

7D

7.2%

1Y

97.6%

STLC

CA$37.62

Stelco Holdings

7D

11.8%

1Y

9.6%

Stelco Holdings Inc. (TSE:STLC) Shares Could Be 42% Below Their Intrinsic Value Estimate

Oct 27
Stelco Holdings Inc. (TSE:STLC) Shares Could Be 42% Below Their Intrinsic Value Estimate

WFG

CA$92.69

West Fraser Timber

7D

2.3%

1Y

-9.4%

NGD

CA$1.72

New Gold

7D

17.0%

1Y

39.8%

TECK.B

CA$48.96

Teck Resources

7D

-8.0%

1Y

18.1%

IMG

CA$3.57

IAMGOLD

7D

9.5%

1Y

78.5%

CCL.B

CA$54.40

CCL Industries

7D

-1.5%

1Y

-15.0%

LUG

CA$17.14

Lundin Gold

7D

-4.6%

1Y

74.2%

OLA

CA$4.28

Orla Mining

7D

-10.8%

1Y

-0.5%

TFPM

CA$18.05

Triple Flag Precious Metals

7D

3.8%

1Y

18.3%

FNV

CA$174.47

Franco-Nevada

7D

-8.5%

1Y

3.6%

NTR

CA$77.47

Nutrien

7D

-0.4%

1Y

-32.7%

WPM

CA$60.07

Wheaton Precious Metals

7D

0.7%

1Y

34.8%

ABX

CA$22.25

Barrick Gold

7D

-1.9%

1Y

8.6%