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Canadian (TSX) Stock Market Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies2625
  • 7D-1.8%
  • 3M2.2%
  • 1Y22.1%
  • YTD18.4%

Over the last 7 days, the market has dropped 1.8%, driven by declines in every sector, especially the Materials sector. Although the market is actually up 22% over the past year.

Market Valuation and Performance

Has the Canadian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021CA$3.5tCA$1.8tCA$189.3b12.5x
Mon, 25 Oct 2021CA$3.5tCA$1.7tCA$169.5b13.5x
Wed, 22 Sep 2021CA$3.3tCA$1.7tCA$169.1b12.5x
Fri, 20 Aug 2021CA$3.3tCA$1.7tCA$167.5b12.5x
Fri, 04 Jun 2021CA$3.2tCA$1.6tCA$126.3b14.7x
Mon, 08 Mar 2021CA$2.9tCA$1.6tCA$59.3b15.6x
Thu, 10 Dec 2020CA$2.6tCA$1.6tCA$51.7b15.6x
Wed, 02 Sep 2020CA$2.5tCA$1.6tCA$58.3b16.9x
Sat, 06 Jun 2020CA$2.2tCA$1.6tCA$90.0b13.7x
Tue, 10 Mar 2020CA$2.5tCA$1.7tCA$144.8b15.5x
Mon, 02 Dec 2019CA$2.6tCA$1.6tCA$135.6b15x
Thu, 05 Sep 2019CA$2.5tCA$1.6tCA$129.6b14.4x
Sun, 09 Jun 2019CA$2.5tCA$1.6tCA$120.8b15x
Sat, 02 Mar 2019CA$2.5tCA$1.6tCA$110.4b15x
Tue, 04 Dec 2018CA$2.3tCA$1.5tCA$123.9b14.3x
PE Ratio

14.3x

Total Market Cap: CA$2.3tTotal Earnings: CA$123.9bTotal Revenue: CA$1.5t0%0%0%3 Year10 Year
201920202021

Current Market PE: Investors are relatively neutral on the market at the moment, considering it's trading close to its 3-year average PE ratio of 14.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for Canadian listed companies have grown 15% per year over the last three years, and revenues for these companies have grown 5.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

Telecom-0.17%
Energy-0.53%
Healthcare-0.69%
Financials-0.82%
Real Estate-1.30%
Industrials-1.70%
Utilities-1.89%
Consumer Discretionary-2.60%
Materials-3.81%
Tech-4.31%
Consumer Staples-4.51%

Sector PE: Investors are most optimistic about the Tech sector, which is trading close to its 3-year average PE ratio of 31.2x. This is likely because analysts are expecting annual earnings growth of 41%, which is higher than its past year's earnings growth of 35% per year. Meanwhile, investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 12.3x.

Forecasted Growth: Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 42% over the next 5 years. This is better than its past earnings growth rate of 18% per year. Meanwhile, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuationSector
TD Toronto-Dominion Bank3.0%+CA$5.1b33.4%PB1.8xFinancials
CNQ Canadian Natural Resources2.7%+CA$1.6b67.2%PE10.5xEnergy
IWIN Irwin Naturals-4.4%CA$1.4bn/aPE146.6xConsumer Staples
QSP.UN Restaurant Brands International Limited Partnership3.1%+CA$767.4m-2.5%PE17.9xConsumer Discretionary
TRP TC Energy1.1%+CA$656.1m2.7%PE32.7xEnergy
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NTR

CA$86.70

Nutrien

7D

1.0%

1Y

34.8%