Canadian (TSX) Stock Market Analysis

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE
Sat, 27 Nov 2021	CA$3.5t	CA$1.8t	CA$189.3b	12.5x
Mon, 25 Oct 2021	CA$3.5t	CA$1.7t	CA$169.5b	13.5x
Wed, 22 Sep 2021	CA$3.3t	CA$1.7t	CA$169.1b	12.5x
Fri, 20 Aug 2021	CA$3.3t	CA$1.7t	CA$167.5b	12.5x
Fri, 04 Jun 2021	CA$3.2t	CA$1.6t	CA$126.3b	14.7x
Mon, 08 Mar 2021	CA$2.9t	CA$1.6t	CA$59.3b	15.6x
Thu, 10 Dec 2020	CA$2.6t	CA$1.6t	CA$51.7b	15.6x
Wed, 02 Sep 2020	CA$2.5t	CA$1.6t	CA$58.3b	16.9x
Sat, 06 Jun 2020	CA$2.2t	CA$1.6t	CA$90.0b	13.7x
Tue, 10 Mar 2020	CA$2.5t	CA$1.7t	CA$144.8b	15.5x
Mon, 02 Dec 2019	CA$2.6t	CA$1.6t	CA$135.6b	15x
Thu, 05 Sep 2019	CA$2.5t	CA$1.6t	CA$129.6b	14.4x
Sun, 09 Jun 2019	CA$2.5t	CA$1.6t	CA$120.8b	15x
Sat, 02 Mar 2019	CA$2.5t	CA$1.6t	CA$110.4b	15x
Tue, 04 Dec 2018	CA$2.3t	CA$1.5t	CA$123.9b	14.3x

PE Ratio

14.3x

Tue, 04 Dec 2018

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.

Company	7D	1Y	Valuation	Sector
TD Toronto-Dominion Bank	3.0%+CA$5.1b	33.4%	PB1.8x	Financials
CNQ Canadian Natural Resources	2.7%+CA$1.6b	67.2%	PE10.5x	Energy
IWIN Irwin Naturals	-4.4%CA$1.4b	n/a	PE146.6x	Consumer Staples
QSP.UN Restaurant Brands International Limited Partnership	3.1%+CA$767.4m	-2.5%	PE17.9x	Consumer Discretionary
TRP TC Energy	1.1%+CA$656.1m	2.7%	PE32.7x	Energy

Company

Valuation

Sector

TD Toronto-Dominion Bank

3.0%+CA$5.1b

33.4%

PB1.8x

Financials

CNQ Canadian Natural Resources

2.7%+CA$1.6b

67.2%

PE10.5x

Energy

IWIN Irwin Naturals

-4.4%CA$1.4b

n/a

PE146.6x

Consumer Staples

QSP.UN Restaurant Brands International Limited Partnership

3.1%+CA$767.4m

-2.5%

PE17.9x

Consumer Discretionary

TRP TC Energy

1.1%+CA$656.1m

2.7%

PE32.7x

Energy

Canadian Pacific to Reopen B.C. Rail Corridor Tuesday; Important Work Ahead to Rebalance Supply Chain

Canadian Pacific announced that it would reopen its railway between Kamloops, B.C. and Vancouver by mid-day November 23. Crews have worked around the clock after the Nov. 14 atmospheric river rain storm in British Columbia, where nearly 200 millimetres of rain fell over two days in some locations. Thirty locations across CP's Thompson and Cascade subdivisions were damaged with 20 resulting in significant loss of infrastructure. As CP resumes operations and moves from restoration to recovery, CP will closely coordinate with customers and terminals to clear the backlogs as quickly and efficiently as possible. Success will require collaboration across the supply chain with urgent weekend work and flexible schedules at customer and terminal locations to help get freight moving efficiently again. To repair the railway infrastructure, CP crews: Moved 150,000 cubic yards of material to rebuild the damaged areas, equivalent to 10,000 tandem dump truck loads or 30,000 one-ton dump truck loads of earth, riprap (rock) and other construction material Utilized more than 80 pieces of heavy work equipment Mobilized hundreds of CP employees and contractors from across the network While the railroad may have reopened, there remains a difficult road ahead for B.C. residents and businesses impacted by this event. CP continues to work closely with local and B.C. authorities and Indigenous communities in the Fraser Canyon to coordinate the delivery of critical materials, equipment, food and fuel. CP teams arranged food delivery to the Spuzzum First Nation, secured 10 portable generators to be delivered to the Cooks Ferry First Nation and arranged meals, milk and baby formula for the Boston Bar Food Bank. Throughout this crisis, CP has closely coordinated and partnered with the Ministry of Transportation and Infrastructure. CP, for example, is facilitating the reconstruction of the grade for the railway infrastructure and also the Trans Canada Highway at Tank Hill west of Spences Bridge. That partnership has fostered the ability to efficiently redirect Ministry equipment to other recovery sites to support highway repairs. Such coordination has been critical to this recovery. Even before the storm, there was recognition that priority access would speed recovery. Critical infrastructure designation helped accelerate CP's recovery as equipment was positioned during the storm then deployed immediately following.

Canadian (TSX) Stock Market Analysis

Market Valuation and Performance

Sector Trends

Top Stock Gainers and Losers

Latest News

IWIN

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

CNQ

Insider recently sold CA$171k worth of stock

ATD.B

Second quarter 2022 earnings: EPS exceeds analyst expectations

RY

If You Like EPS Growth Then Check Out Royal Bank of Canada (TSE:RY) Before It's Too Late

CP

Canadian Pacific to Reopen B.C. Rail Corridor Tuesday; Important Work Ahead to Rebalance Supply Chain

BAM.A

Barrenjoey Reportedly Tapped for Vodafone NZ Towers Sale

ABX

Upcoming dividend of US$0.23 per share

FNV

Non-Executive Chair recently sold CA$922k worth of stock

TFII

Here's Why I Think TFI International (TSE:TFII) Is An Interesting Stock

PPL

Upcoming dividend of CA$0.21 per share

TRP

Insider recently bought CA$132k worth of stock

MG

Upcoming dividend of US$0.43 per share

QSP.UN

Calculating The Intrinsic Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)

NTR

Third quarter 2021 earnings released: EPS US$1.26 (vs US$1.03 loss in 3Q 2020)

TD

Upcoming dividend of CA$0.79 per share

CVE

Cenovus Energy Inc. Announces Atlantic Assets Restructuring Plan