November 2026
Largest Advanced Materials Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
5N Plus, Hydrograph Clean Power, Mattr, Xanadu and Neo Performance Materials.
 | 5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. It operates in two segments: Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites, and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Specialty Semiconductors segment. | $25 | +79% | $2.3B | $2.3B | 6.0x | 25.3x | ||
| Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company's products include Fractal graphene and Reactive Graphene. | $3 | +55% | $1.1B | $1.1B | 25718.1x | (141.2x) | ||
| Mattr Corp is a materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed manufacturing and service facilities. Its business segments are Composite Technologies and Connection Technologies. A majority of its revenue is generated from the Composite Technologies segment which manufactures flexible composite pipes used predominantly for oil and gas gathering lines, and other applications operating under the Flexpipe brand. Under the Xerxes brand, this segment also manufactures FRP underground storage tanks for retail fuel and other markets. Geographically, the company derives maximum revenue from the United States of America. | $15 | +171% | $896M | $1.3B | 1.4x | 14.3x | ||
| Xanadu is a Canadian quantum computing company. It designs photonic devices and builds quantum computers, available on the cloud, along with supporting software and quantum simulators. | $3 | -- | $873M | $617M | 187.0x | (13.3x) | ||
| Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others, of which it derives maximum revenue from Asia. | $19 | +54% | $860M | $927M | 1.9x | 42.3x | ||
| NanoXplore Inc is provides standard and custom graphene-enhanced plastic and composite products to customers in the recreational vehicle, transportation, packaging, electronics, and other industrial sectors, and manufactures silicon-graphene-enhanced Li-ion batteries for the energy storage, industrial, and defense markets. The corporation has two segments Advanced Materials, Plastics and Composite Products and Battery Cells and Materials. Majority of revenue comes from Advanced Materials, Plastics and Composite Products. It has presence in Canada, United States, Switzerland. Majority of revenue comes from Canada. | $1 | -38% | $179M | $196M | 2.4x | 176.3x | ||
| Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and various biomedical applications. The company's product includes Gemini and Saliva tests. | $0 | -- | $24M | $25M | - | (13.9x) | ||
| Cymat Technologies Ltd is a materials technology company that manufactures and sells stabilized aluminum foam (SAF) products to various countries. Its proprietary technology produces lightweight, porous aluminum foam that offers energy absorption, thermal and acoustic insulation, and blast mitigation. Its products are used in the automotive and industrial markets. Cymat serves automotive, architecture, defense, and general industrial sectors by providing customizable aluminum foam solutions. Revenue arises mainly from the sale of SAF based on customer contracts. Geographically Europe and UK generates majority of its revenue. | $0 | -14% | $7M | $12M | 8.7x | (6.0x) | ||
| Median | $3 | +54% | $867M | $772M | 6.0x | 4.1x |
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