Optimistic Investors Push Aegis Brands Inc. (TSE:AEG) Shares Up 28% But Growth Is Lacking
May 01
Canadian (TSX) Hospitality Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies19
- 7D0.0003%
- 3M-5.5%
- 1Y-1.3%
- YTD-4.9%
Over the last 7 days, the Hospitality industry has remained flat, although notably Bragg Gaming Group declined by 9.8%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Canadian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | CA$37.6b | CA$12.4b | CA$2.7b | 13.6x | 14x | 3x |
| Sat, 30 Mar 2024 | CA$40.8b | CA$12.0b | CA$2.5b | 14.4x | 16.3x | 3.4x |
| Mon, 26 Feb 2024 | CA$39.1b | CA$12.0b | CA$2.5b | 14.8x | 15.8x | 3.3x |
| Wed, 24 Jan 2024 | CA$40.9b | CA$13.1b | CA$2.1b | 15.7x | 19.8x | 3.1x |
| Fri, 22 Dec 2023 | CA$39.8b | CA$13.0b | CA$2.1b | 15.3x | 19.4x | 3.1x |
| Sun, 19 Nov 2023 | CA$38.8b | CA$13.2b | CA$2.1b | 15.3x | 18.5x | 2.9x |
| Tue, 17 Oct 2023 | CA$35.4b | CA$13.0b | CA$2.3b | 13.4x | 15.4x | 2.7x |
| Thu, 14 Sep 2023 | CA$37.6b | CA$12.8b | CA$2.3b | 15.4x | 16.6x | 2.9x |
| Sat, 12 Aug 2023 | CA$40.6b | CA$12.7b | CA$2.2b | 16.6x | 18.1x | 3.2x |
| Mon, 10 Jul 2023 | CA$40.9b | CA$12.3b | CA$2.2b | 16.7x | 18.5x | 3.3x |
| Wed, 07 Jun 2023 | CA$40.8b | CA$12.4b | CA$2.2b | 16.7x | 18.2x | 3.3x |
| Fri, 05 May 2023 | CA$38.9b | CA$12.4b | CA$2.2b | 16.2x | 17.4x | 3.1x |
| Sun, 02 Apr 2023 | CA$36.2b | CA$12.1b | CA$2.2b | 16.1x | 16.2x | 3x |
| Tue, 28 Feb 2023 | CA$36.9b | CA$12.1b | CA$2.3b | 16.6x | 16.1x | 3x |
| Thu, 26 Jan 2023 | CA$37.7b | CA$11.7b | CA$2.2b | 16.7x | 17.3x | 3.2x |
| Sat, 24 Dec 2022 | CA$36.3b | CA$11.8b | CA$2.2b | 15.9x | 16.4x | 3.1x |
| Mon, 21 Nov 2022 | CA$35.9b | CA$11.6b | CA$2.2b | 15.6x | 16.5x | 3.1x |
| Wed, 19 Oct 2022 | CA$31.8b | CA$11.6b | CA$2.0b | 14.4x | 16.1x | 2.8x |
| Fri, 16 Sep 2022 | CA$32.9b | CA$11.2b | CA$1.9b | 14.7x | 17.2x | 2.9x |
| Sun, 14 Aug 2022 | CA$32.7b | CA$10.9b | CA$1.8b | 16x | 18x | 3x |
| Tue, 12 Jul 2022 | CA$28.5b | CA$10.5b | CA$1.9b | 14.9x | 15x | 2.7x |
| Thu, 09 Jun 2022 | CA$28.6b | CA$10.2b | CA$1.8b | 15.8x | 15.5x | 2.8x |
| Sat, 07 May 2022 | CA$28.7b | CA$10.4b | CA$1.9b | 15.9x | 15.3x | 2.8x |
| Mon, 04 Apr 2022 | CA$30.6b | CA$9.8b | CA$1.8b | 19.1x | 16.9x | 3.1x |
| Wed, 02 Mar 2022 | CA$30.9b | CA$9.8b | CA$1.8b | 17.1x | 17.4x | 3.2x |
| Fri, 28 Jan 2022 | CA$30.0b | CA$9.5b | CA$1.6b | 16.8x | 18.3x | 3.1x |
| Sun, 26 Dec 2021 | CA$32.6b | CA$9.6b | CA$1.6b | 18.2x | 19.8x | 3.4x |
| Tue, 23 Nov 2021 | CA$31.8b | CA$9.5b | CA$1.6b | 19.8x | 19.6x | 3.3x |
| Thu, 21 Oct 2021 | CA$36.3b | CA$9.2b | CA$1.3b | 21.3x | 27x | 3.9x |
| Sat, 18 Sep 2021 | CA$37.9b | CA$9.5b | CA$1.4b | 21.2x | 27.3x | 4x |
| Mon, 16 Aug 2021 | CA$38.7b | CA$9.3b | CA$1.4b | 21.7x | 28.6x | 4.2x |
| Mon, 31 May 2021 | CA$39.8b | CA$8.7b | CA$1.0b | 27.2x | 39.4x | 4.6x |
Price to Earnings Ratio
44.3x
Current Industry PE
- Investors are pessimistic on the Canadian Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.0x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 13% 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 Consumer Discretionary industry?
| CA Market | -0.54% | |
| Consumer Discretionary | -1.01% | |
| Hospitality | 0.00031% | |
| Casinos and Gaming | 0.87% | |
| Restaurants | 0.014% | |
| Leisure Facilities | -3.45% | |
| Hotels, Resorts and Cruise Lines | -28.57% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.4%, which is lower than the prior year's growth of 64.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 30% over the next 5 years.
- However this is lower than its past earnings growth rate of 65% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 9.3% 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 | |
|---|---|---|---|---|---|
| PBL Pollard Banknote | CA$36.30 | 2.9% +CA$27.9m | 49.0% | PE31.3x | |
| KEG.UN Keg Royalties Income Fund | CA$14.78 | 2.6% +CA$4.2m | -4.3% | PE6.7x | |
| MTY MTY Food Group | CA$48.49 | 0.3% +CA$3.9m | -16.4% | PE11.4x | |
| AW.UN A&W Revenue Royalties Income Fund | CA$29.40 | 0.7% +CA$3.1m | -20.4% | PE14.7x | |
| RVLY Rivalry | CA$0.90 | 3.4% +CA$2.0m | -41.6% | PS1.6x |
