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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies53
  • 7D0.8%
  • 3M13.0%
  • 1Y34.4%
  • YTD1.1%

The Consumer Discretionary is pretty flat in the last 7 days, but Aritzia has stood out, gaining 12%. The past year has been better, since the industry has gained 34% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

Has the Canadian Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026CA$184.3bCA$145.7bCA$7.7b19.7x23.9x1.3x
Tue, 09 Dec 2025CA$180.2bCA$144.6bCA$7.5b19x23.9x1.2x
Thu, 06 Nov 2025CA$166.9bCA$145.9bCA$7.6b17.8x22x1.1x
Sat, 04 Oct 2025CA$167.1bCA$144.5bCA$7.7b18.7x21.7x1.2x
Mon, 01 Sep 2025CA$161.3bCA$143.2bCA$7.6b17.6x21.2x1.1x
Wed, 30 Jul 2025CA$159.9bCA$143.1bCA$7.7b17.2x20.8x1.1x
Fri, 27 Jun 2025CA$154.1bCA$142.1bCA$7.5b16.1x20.4x1.1x
Sun, 25 May 2025CA$141.8bCA$134.8bCA$7.4b15.9x19.2x1.1x
Tue, 22 Apr 2025CA$129.0bCA$137.8bCA$7.0b15x18.5x0.9x
Thu, 20 Mar 2025CA$137.0bCA$150.0bCA$7.2b16.9x19.1x0.9x
Sat, 15 Feb 2025CA$140.4bCA$149.1bCA$7.1b18.6x19.8x0.9x
Mon, 13 Jan 2025CA$139.9bCA$149.3bCA$8.2b14.5x17.1x0.9x
Wed, 11 Dec 2024CA$145.9bCA$147.7bCA$8.0b15.1x18.1x1x
Fri, 08 Nov 2024CA$138.7bCA$145.3bCA$7.6b16.3x18.2x1x
Sun, 06 Oct 2024CA$139.3bCA$143.4bCA$7.4b17.9x18.7x1x
Tue, 03 Sep 2024CA$139.5bCA$144.7bCA$7.7b17.3x18x1x
Thu, 01 Aug 2024CA$138.5bCA$146.6bCA$7.9b14x17.5x0.9x
Sat, 29 Jun 2024CA$131.3bCA$145.9bCA$8.0b13.7x16.5x0.9x
Mon, 27 May 2024CA$133.1bCA$147.2bCA$8.0b12.9x16.6x0.9x
Wed, 24 Apr 2024CA$134.2bCA$146.2bCA$8.2b14x16.4x0.9x
Fri, 22 Mar 2024CA$138.4bCA$145.7bCA$8.1b15x17.2x0.9x
Sun, 18 Feb 2024CA$135.4bCA$144.8bCA$7.3b15.7x18.6x0.9x
Tue, 16 Jan 2024CA$138.0bCA$149.4bCA$7.7b16x17.9x0.9x
Thu, 14 Dec 2023CA$105.0bCA$144.1bCA$6.8b15.3x15.4x0.7x
Sat, 11 Nov 2023CA$104.2bCA$145.9bCA$7.0b14.5x15x0.7x
Mon, 09 Oct 2023CA$103.9bCA$143.3bCA$7.2b14.7x14.5x0.7x
Wed, 06 Sep 2023CA$111.9bCA$142.7bCA$7.1b16x15.8x0.8x
Fri, 04 Aug 2023CA$116.6bCA$137.3bCA$6.4b16.6x18.3x0.8x
Sun, 02 Jul 2023CA$115.3bCA$136.2bCA$6.4b16.7x17.9x0.8x
Tue, 30 May 2023CA$109.6bCA$137.6bCA$6.5b15.5x17x0.8x
Thu, 27 Apr 2023CA$109.9bCA$135.5bCA$6.8b15.6x16.2x0.8x
Sat, 25 Mar 2023CA$106.1bCA$135.8bCA$6.9b13.3x15.4x0.8x
Mon, 20 Feb 2023CA$103.6bCA$123.1bCA$6.5b14.2x15.9x0.8x
Wed, 18 Jan 2023CA$105.1bCA$120.9bCA$6.5b13.5x16.1x0.9x
Price to Earnings Ratio

16.1x


Total Market Cap: CA$105.1bTotal Earnings: CA$6.5bTotal Revenue: CA$120.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.1x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Consumer Discretionary industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.8x which is higher than its 3-year average PE of 18.1x.
  • The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 5.5% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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 sector?

CA Market1.94%
Consumer Discretionary0.82%
Specialty Stores7.72%
Auto Components3.84%
Luxury1.85%
Leisure1.58%
Consumer Services0.33%
Auto0%0
Online Retail and Ecommerce0%0
Hospitality-0.96%
General Merchandise and Department Stores-2.76%
Consumer Durables-6.14%
Retail Distributors-11.11%
Industry PE
  • Investors are most optimistic about the Consumer Durables industry which is trading above its 3-year average PE ratio of 8.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 0.3% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 8.6% 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
ATZ AritziaCA$131.4712.2%
+CA$1.6b		93.7%PE43.7x
MG Magna InternationalCA$78.184.2%
+CA$890.5m		37.1%PE15.3x
GRGD Groupe DynamiteCA$84.424.2%
+CA$366.1m		371.6%PE44.9x
GIL Gildan ActivewearCA$88.342.2%
+CA$289.2m		26.8%PE19.9x
LNR LinamarCA$86.773.0%
+CA$152.3m		58.4%PE21.5x

Latest News

ATZ
CA$131.47
Aritzia
7D
12.2%
1Y
93.7%
GOOS
CA$18.36
Canada Goose Holdings
7D
-1.1%
1Y
27.2%

GOOS: Persistent Demand Uncertainty Will Pressure Shares Despite Sector Tailwinds

Narrative Update on Canada Goose Holdings Analysts lifted their fair value estimate for Canada Goose Holdings to $12 from $10, pointing to a revised price target of $12 from $11 and citing a more constructive sector view into 2026. At the same time, they highlight ongoing demand uncertainty and the importance of careful stock selection.
MG
CA$78.18
Magna International
7D
4.2%
1Y
37.1%

MG: Electric Expansion And Buybacks Will Face An Overvaluation Risk

Analysts have slightly reduced their price expectations for Magna International, citing a small adjustment to the discount rate and revenue growth outlook. This has been partly offset by a marginal uptick in projected profit margin and a modestly lower future P/E assumption, which together keep their fair value estimate near US$69.38.
LNR
CA$86.77
Linamar
7D
3.0%
1Y
58.4%

Linamar (TSE:LNR) Seems To Use Debt Quite Sensibly

Jan 07
Linamar (TSE:LNR) Seems To Use Debt Quite Sensibly
GBT
CA$14.25
BMTC Group
7D
10.8%
1Y
1.8%
DOL
CA$199.31
Dollarama
7D
-3.3%
1Y
45.4%

DOL: Share Repurchases Will Support Higher Future P/E Assumptions

Analysts now set their fair value estimate for Dollarama at $235, up from $223, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that adjust their risk and profitability expectations. What's in the News Dollarama completed a share repurchase tranche between August 4, 2025 and November 2, 2025, buying back 2,605,912 shares for CAD 484.6m, equal to 0.94% of its shares outstanding (Key Developments).
GRGD
CA$84.42
Groupe Dynamite
7D
4.2%
1Y
371.6%
TOY
CA$20.29
Spin Master
7D
5.5%
1Y
-36.1%

TOY: Share Buybacks Will Support Future Repricing Despite Margin Headwinds

Analysts have trimmed their price target on Spin Master, citing a more cautious view on long term revenue growth, a reduced profit margin outlook, and a higher expected future P/E multiple. Together, these factors lower their fair value estimate by a few dollars per share to approximately $39.10.
GIL
CA$88.34
Gildan Activewear
7D
2.2%
1Y
26.8%

GIL: Ongoing Share Repurchases Will Support Higher Future Profitability

Analysts have nudged their price target for Gildan Activewear slightly higher to reflect modestly lower perceived risk, a small improvement in long term margin expectations, and a slightly richer anticipated future earnings multiple, while leaving fair value estimates essentially unchanged. What's in the News Completed a substantial share repurchase program, buying back 9,978,864 shares, or about 6.39% of shares outstanding, for approximately $480.12 million under the August 1, 2024 authorization (Key Developments).
DBO
CA$0.85
D-BOX Technologies
7D
-6.6%
1Y
466.7%

D-BOX Technologies Inc.'s (TSE:DBO) 40% Share Price Surge Not Quite Adding Up

Dec 31
D-BOX Technologies Inc.'s (TSE:DBO) 40% Share Price Surge Not Quite Adding Up
CTC.A
CA$176.41
Canadian Tire Corporation
7D
0.6%
1Y
12.2%

CTC.A: Dividends And Buybacks Will Continue To Support Measured Returns

Narrative Update on Canadian Tire Corporation Analysts have maintained their price target for Canadian Tire Corporation at approximately $180.55 per share, reflecting largely unchanged assumptions around revenue growth, profit margins, and future valuation multiples despite a marginally lower discount rate. What's in the News Board declares a quarterly dividend of $1.80 per share payable March 1, 2026, marking the 16th consecutive annual dividend increase and lifting the annual payout to $7.20 per share, up about 1.4 percent from the prior year (Key Developments).
QSP.UN
CA$92.56
Restaurant Brands International Limited Partnership
7D
-1.5%
1Y
3.7%
VITA
CA$0.78
Vitalist
7D
-11.4%
1Y
20.0%
XX
CA$1.07
Avante
7D
-8.5%
1Y
-12.3%
XAU
CA$10.09
Goldmoney
7D
-3.4%
1Y
29.0%
SHOE.X
CA$0.005
Grounded People Apparel
7D
-95.0%
1Y
-99.3%