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Canadian (TSX) Diversified Financial Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies19
  • 7D0.5%
  • 3M14.9%
  • 1Y-18.2%
  • YTD16.8%

The Diversified Financial is pretty flat in the last 7 days, but ECN Capital has stood out, gaining 7.3%. As for the longer term, the industry has declined 18% in the last year. Earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

Has the Canadian Diversified Financial Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024CA$9.5bCA$2.6bCA$26.4m9.4x359.1x3.7x
Sat, 30 Mar 2024CA$9.5bCA$2.5bCA$35.3m9.9x269x3.7x
Mon, 26 Feb 2024CA$8.5bCA$2.6bCA$114.4m10.7x74.6x3.3x
Wed, 24 Jan 2024CA$9.8bCA$3.1bCA$287.4m9.9x34.1x3.1x
Fri, 22 Dec 2023CA$10.0bCA$3.2bCA$278.8m9.7x35.9x3.2x
Sun, 19 Nov 2023CA$16.9bCA$5.1bCA$723.0m10.2x23.3x3.3x
Tue, 17 Oct 2023CA$15.6bCA$4.9bCA$788.2m9.9x19.8x3.2x
Thu, 14 Sep 2023CA$16.3bCA$4.9bCA$789.1m10.4x20.6x3.3x
Sat, 12 Aug 2023CA$16.7bCA$4.9bCA$839.7m11.5x19.9x3.4x
Mon, 10 Jul 2023CA$18.5bCA$4.9bCA$852.6m16.2x21.7x3.8x
Wed, 07 Jun 2023CA$19.3bCA$4.9bCA$825.2m15.7x23.3x3.9x
Fri, 05 May 2023CA$19.8bCA$4.7bCA$805.3m14.4x24.6x4.2x
Sun, 02 Apr 2023CA$20.7bCA$4.6bCA$808.0m11.7x25.6x4.5x
Tue, 28 Feb 2023CA$8.9bCA$2.5bCA$428.0m20.5x20.8x3.5x
Thu, 26 Jan 2023CA$8.7bCA$2.5bCA$420.2m13.7x20.7x3.5x
Sat, 24 Dec 2022CA$8.5bCA$2.5bCA$420.4m13.6x20.1x3.4x
Mon, 21 Nov 2022CA$8.6bCA$2.5bCA$420.2m13.5x20.4x3.4x
Wed, 19 Oct 2022CA$8.8bCA$2.4bCA$387.9m14.1x22.7x3.6x
Fri, 16 Sep 2022CA$8.5bCA$2.4bCA$387.7m13.8x21.8x3.5x
Sun, 14 Aug 2022CA$9.0bCA$2.4bCA$382.4m19.3x23.7x3.8x
Tue, 12 Jul 2022CA$7.4bCA$2.3bCA$347.4m8.9x21.3x3.2x
Thu, 09 Jun 2022CA$7.9bCA$2.3bCA$351.0m7.9x22.4x3.4x
Sat, 07 May 2022CA$6.5bCA$2.3bCA$345.9m7.5x18.9x2.9x
Mon, 04 Apr 2022CA$7.1bCA$2.3bCA$348.3m8x20.3x3.1x
Wed, 02 Mar 2022CA$6.9bCA$2.4bCA$361.6m12.6x19x2.9x
Fri, 28 Jan 2022CA$7.0bCA$2.4bCA$362.9m11.7x19.3x2.9x
Sun, 26 Dec 2021CA$7.3bCA$2.4bCA$363.1m12.3x20.2x3x
Tue, 23 Nov 2021CA$8.8bCA$2.4bCA$363.5m11.9x24.1x3.6x
Thu, 21 Oct 2021CA$9.1bCA$2.6bCA$350.2m14.8x25.9x3.5x
Sat, 18 Sep 2021CA$8.9bCA$2.6bCA$351.3m14.4x25.2x3.4x
Mon, 16 Aug 2021CA$9.1bCA$2.6bCA$350.4m15.1x25.9x3.6x
Mon, 31 May 2021CA$8.6bCA$2.6bCA$308.9m17.9x27.8x3.3x
Price to Earnings Ratio

29.7x


Total Market Cap: CA$9.2bTotal Earnings: CA$308.9mTotal Revenue: CA$2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Financial Industry Price to Earnings3Y Average 34.9x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Diversified Financial industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 363x which is higher than its 3-year average PE of 34.9x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have declined 56% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Financials industry?

CA Market-0.54%
Financials0.18%
Diversified Financial0.54%
Specialized Finance6.09%
Transaction and Payment Processing Services0.72%
Other Diversified Financial Services0%
Multi-Sector Holdings0%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Specialized Finance industry, expecting annual earnings growth of 131% over the next 5 years.
    • This is better than its past earnings growth rate of 38% per year.
    • In contrast, the Transaction and Payment Processing Services industry is expected to see its earnings grow by 71% 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
    		ECN ECN CapitalCA$1.777.3%
    +CA$33.7m    		-45.4%PS4.6x
    		NVEI NuveiCA$44.270.5%
    +CA$32.1m    		-19.8%PS3.8x
    		PAY PayfareCA$6.497.5%
    +CA$21.6m    		-3.6%PE28x
    		CHW Chesswood GroupCA$7.555.4%
    +CA$7.2m    		-10.3%PS1.3x
    		SFI Solution FinancialCA$0.283.7%
    +CA$864.0k    		-9.7%PE62.2x
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    Latest News

    ECN

    CA$1.77

    ECN Capital

    7D

    7.3%

    1Y

    -45.4%

    FN

    CA$35.68

    First National Financial

    7D

    -6.5%

    1Y

    -8.6%

    TF

    CA$7.49

    Timbercreek Financial

    7D

    -1.2%

    1Y

    -3.0%

    FC

    CA$10.75

    Firm Capital Mortgage Investment

    7D

    -2.4%

    1Y

    -3.6%

    FDI

    CA$0.41

    Findev

    7D

    6.6%

    1Y

    -10.0%

    Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075

    Apr 29
    Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075

    PAY

    CA$6.49

    Payfare

    7D

    7.5%

    1Y

    -3.6%

    Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

    Apr 28
    Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

    NVEI

    CA$44.27

    Nuvei

    7D

    0.5%

    1Y

    -19.8%

    MKP

    CA$15.68

    MCAN Mortgage

    7D

    -1.3%

    1Y

    2.6%

    AI

    CA$11.00

    Atrium Mortgage Investment

    7D

    -1.3%

    1Y

    -4.9%

    GIVX

    CA$0.81

    Givex

    7D

    -4.7%

    1Y

    78.0%

    SFI

    CA$0.28

    Solution Financial

    7D

    3.7%

    1Y

    -9.7%

    BNXA

    CA$0.65

    Banxa Holdings

    7D

    -5.8%

    1Y

    n/a

    CHW

    CA$7.55

    Chesswood Group

    7D

    5.4%

    1Y

    -10.3%

    MBLM

    CA$0.015

    Mobilum Technologies

    7D

    -25.0%

    1Y

    -62.5%