Header cover image

Canadian (TSX) Industrials Sector Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies124
  • 7D-2.2%
  • 3M-1.1%
  • 1Y7.4%
  • YTD3.0%

Over the last 7 days, the Industrials industry has dropped 2.2%, driven by Canadian Pacific Kansas City declining 4.9%. Meanwhile, Bombardier actually outperformed within the industry, gaining 18% in the last week. Over the past 12 months, the industry was up 7.4%. Looking forward, earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024CA$458.6bCA$166.2bCA$17.8b19.3x25.8x2.8x
Sat, 30 Mar 2024CA$487.9bCA$164.8bCA$17.9b20.6x27.3x3x
Mon, 26 Feb 2024CA$481.1bCA$163.5bCA$17.4b20.2x27.6x2.9x
Wed, 24 Jan 2024CA$457.8bCA$165.0bCA$16.1b19.2x28.4x2.8x
Fri, 22 Dec 2023CA$440.8bCA$164.5bCA$16.1b19x27.4x2.7x
Sun, 19 Nov 2023CA$421.6bCA$163.6bCA$15.8b18.6x26.8x2.6x
Tue, 17 Oct 2023CA$411.4bCA$160.9bCA$15.8b17.7x26.1x2.6x
Thu, 14 Sep 2023CA$424.5bCA$160.8bCA$15.8b16.9x26.9x2.6x
Sat, 12 Aug 2023CA$434.1bCA$160.3bCA$16.0b16.5x27.2x2.7x
Mon, 10 Jul 2023CA$415.2bCA$157.1bCA$13.8b18.7x30.2x2.6x
Wed, 07 Jun 2023CA$417.4bCA$157.4bCA$13.8b18.9x30.3x2.7x
Fri, 05 May 2023CA$416.9bCA$155.4bCA$13.8b18.8x30.3x2.7x
Sun, 02 Apr 2023CA$423.8bCA$153.7bCA$13.9b20.4x30.5x2.8x
Tue, 28 Feb 2023CA$416.4bCA$152.1bCA$14.4b18.6x28.9x2.7x
Thu, 26 Jan 2023CA$408.0bCA$149.7bCA$12.9b16.8x31.6x2.7x
Sat, 24 Dec 2022CA$399.2bCA$149.4bCA$12.7b16.5x31.4x2.7x
Mon, 21 Nov 2022CA$404.8bCA$148.8bCA$12.7b16.9x31.8x2.7x
Wed, 19 Oct 2022CA$382.0bCA$144.1bCA$11.6b14.5x33x2.7x
Fri, 16 Sep 2022CA$393.8bCA$142.6bCA$11.5b15.6x34.1x2.8x
Sun, 14 Aug 2022CA$406.1bCA$141.6bCA$11.5b15.2x35.3x2.9x
Tue, 12 Jul 2022CA$367.4bCA$136.4bCA$13.2b13.8x27.9x2.7x
Thu, 09 Jun 2022CA$375.2bCA$137.5bCA$13.3b16.3x28.3x2.7x
Sat, 07 May 2022CA$372.0bCA$133.2bCA$13.1b17.5x28.4x2.8x
Mon, 04 Apr 2022CA$403.3bCA$129.1bCA$17.7b19.5x22.8x3.1x
Wed, 02 Mar 2022CA$384.3bCA$127.5bCA$17.5b20.5x22x3x
Fri, 28 Jan 2022CA$389.6bCA$124.4bCA$18.0b20.2x21.6x3.1x
Sun, 26 Dec 2021CA$413.8bCA$124.2bCA$17.9b19.5x23.1x3.3x
Tue, 23 Nov 2021CA$405.2bCA$125.2bCA$17.9b20.1x22.6x3.2x
Thu, 21 Oct 2021CA$397.2bCA$118.9bCA$18.2b20.7x21.9x3.3x
Sat, 18 Sep 2021CA$386.2bCA$120.3bCA$17.8b18.6x21.7x3.2x
Mon, 16 Aug 2021CA$372.9bCA$120.4bCA$17.5b20.6x21.3x3.1x
Mon, 31 May 2021CA$349.3bCA$113.1bCA$14.7b20.8x23.8x3.1x
Price to Earnings Ratio

23.5x


Total Market Cap: CA$343.5bTotal Earnings: CA$14.6bTotal Revenue: CA$112.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Industrials Sector Price to Earnings3Y Average 27.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 6.6% 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 Industrials sector?

CA Market-0.54%
Industrials-2.25%
Building7.29%
Infrastructure4.06%
Logistics2.06%
Aerospace & Defense2.02%
Industrials1.08%
Airlines0.21%
Professional Services-0.33%
Marine and Shipping-0.34%
Commercial Services-0.97%
Construction-2.15%
Trade Distributors-2.57%
Transportation-3.33%
Machinery-4.30%
Electrical-10.08%
Industry PE
  • Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (38.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Machinery industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings growth rate of 26% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings decline by 8.9% 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
BBD.B BombardierCA$67.3518.2%
+CA$1.0b		12.1%PE17.9x
CAE CAECA$27.143.6%
+CA$302.4m		-10.3%PE31.4x
AC Air CanadaCA$20.462.7%
+CA$190.0m		8.9%PE3.2x
EFN Element Fleet ManagementCA$21.951.6%
+CA$132.2m		24.5%PE19.3x
WTE Westshore Terminals InvestmentCA$26.434.1%
+CA$64.4m		-4.7%PE14.2x
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

TIH

CA$125.30

Toromont Industries

7D

-3.7%

1Y

15.6%

BBD.B

CA$67.35

Bombardier

7D

18.2%

1Y

12.1%

HPS.A

CA$103.78

Hammond Power Solutions

7D

-23.9%

1Y

143.6%

CJT

CA$117.08

Cargojet

7D

2.4%

1Y

10.2%

BYD

CA$264.90

Boyd Group Services

7D

1.0%

1Y

15.7%

Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E

Apr 30
Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E

WTE

CA$26.43

Westshore Terminals Investment

7D

4.1%

1Y

-4.7%

There Are Reasons To Feel Uneasy About Westshore Terminals Investment's (TSE:WTE) Returns On Capital

Apr 27
There Are Reasons To Feel Uneasy About Westshore Terminals Investment's (TSE:WTE) Returns On Capital

CNR

CA$166.50

Canadian National Railway

7D

-1.1%

1Y

3.6%

CP

CA$106.76

Canadian Pacific Kansas City

7D

-4.9%

1Y

-0.6%

TFII

CA$178.50

TFI International

7D

-7.2%

1Y

22.6%

EFN

CA$21.95

Element Fleet Management

7D

1.6%

1Y

24.5%

AC

CA$20.46

Air Canada

7D

2.7%

1Y

8.9%

ATRL

CA$53.30

AtkinsRéalis

7D

-4.5%

1Y

66.0%

Is Now An Opportune Moment To Examine AtkinsRéalis (TSE:ATRL)?

Apr 23
Is Now An Opportune Moment To Examine AtkinsRéalis (TSE:ATRL)?

GFL

CA$43.78

GFL Environmental

7D

-2.7%

1Y

-12.4%

WSP

CA$209.46

WSP Global

7D

-2.2%

1Y

15.9%

Should You Be Adding WSP Global (TSE:WSP) To Your Watchlist Today?

Apr 18
Should You Be Adding WSP Global (TSE:WSP) To Your Watchlist Today?

CAE

CA$27.14

CAE

7D

3.6%

1Y

-10.3%

BLDP

CA$3.64

Ballard Power Systems

7D

4.6%

1Y

-37.2%

Risks To Shareholder Returns Are Elevated At These Prices For Ballard Power Systems Inc. (TSE:BLDP)

Apr 16
Risks To Shareholder Returns Are Elevated At These Prices For Ballard Power Systems Inc. (TSE:BLDP)