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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies53
  • 7D-0.7%
  • 3M-9.1%
  • 1Y27.5%
  • YTD-6.3%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.0%, driven by a pullback from Dollarama of 8.0%. Meanwhile, Magna International actually outperformed within the industry, gaining 6.1% in the last week. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026CA$176.3bCA$146.1bCA$7.3b15.2x24.1x1.2x
Sun, 22 Feb 2026CA$190.6bCA$144.6bCA$7.1b18.1x26.7x1.3x
Tue, 20 Jan 2026CA$183.0bCA$145.4bCA$7.7b20.1x23.8x1.3x
Thu, 18 Dec 2025CA$181.4bCA$144.6bCA$7.6b20.2x23.9x1.3x
Sat, 15 Nov 2025CA$172.4bCA$145.5bCA$7.6b18.4x22.7x1.2x
Mon, 13 Oct 2025CA$163.4bCA$145.0bCA$7.8b18.2x21.1x1.1x
Wed, 10 Sep 2025CA$163.4bCA$143.9bCA$7.6b17.2x21.4x1.1x
Fri, 08 Aug 2025CA$161.6bCA$142.6bCA$7.8b17.3x20.7x1.1x
Sun, 06 Jul 2025CA$158.1bCA$142.0bCA$7.6b16.5x20.9x1.1x
Tue, 03 Jun 2025CA$150.2bCA$142.3bCA$7.5b15.7x20x1.1x
Thu, 01 May 2025CA$133.2bCA$137.6bCA$7.0b15.7x19.1x1x
Sat, 29 Mar 2025CA$132.9bCA$140.4bCA$7.0b16.4x18.9x0.9x
Mon, 24 Feb 2025CA$138.5bCA$149.4bCA$7.1b19.1x19.6x0.9x
Wed, 22 Jan 2025CA$139.2bCA$148.7bCA$8.1b15x17.1x0.9x
Fri, 20 Dec 2024CA$141.4bCA$149.0bCA$8.1b14.2x17.4x0.9x
Sun, 17 Nov 2024CA$140.3bCA$146.5bCA$7.9b14.5x17.8x1x
Tue, 15 Oct 2024CA$140.9bCA$144.6bCA$7.5b18.1x18.7x1x
Thu, 12 Sep 2024CA$136.9bCA$144.2bCA$7.4b17.5x18.4x0.9x
Sat, 10 Aug 2024CA$133.8bCA$146.7bCA$7.9b15.5x17x0.9x
Mon, 08 Jul 2024CA$132.4bCA$145.5bCA$7.9b13.6x16.7x0.9x
Wed, 05 Jun 2024CA$132.8bCA$145.9bCA$8.0b13.3x16.6x0.9x
Fri, 03 May 2024CA$132.9bCA$146.4bCA$8.2b13.6x16.1x0.9x
Sun, 31 Mar 2024CA$137.8bCA$145.4bCA$7.9b15x17.4x0.9x
Tue, 27 Feb 2024CA$134.9bCA$145.0bCA$8.1b15.2x16.7x0.9x
Thu, 25 Jan 2024CA$139.4bCA$149.9bCA$7.7b15.8x18x0.9x
Sat, 23 Dec 2023CA$137.4bCA$148.4bCA$7.7b16.3x17.8x0.9x
Mon, 20 Nov 2023CA$108.9bCA$145.5bCA$7.0b15.4x15.6x0.7x
Wed, 18 Oct 2023CA$104.1bCA$143.3bCA$7.2b14.5x14.5x0.7x
Fri, 15 Sep 2023CA$107.6bCA$142.5bCA$7.2b15.5x15x0.8x
Sun, 13 Aug 2023CA$113.6bCA$141.7bCA$7.0b16.6x16.2x0.8x
Tue, 11 Jul 2023CA$114.4bCA$136.4bCA$6.5b16.3x17.7x0.8x
Thu, 08 Jun 2023CA$110.7bCA$137.0bCA$6.5b15.6x17.1x0.8x
Sat, 06 May 2023CA$110.3bCA$135.9bCA$6.5b16.3x17.1x0.8x
Mon, 03 Apr 2023CA$109.8bCA$134.7bCA$6.8b13.7x16.2x0.8x
Price to Earnings Ratio

16.2x


Total Market Cap: CA$109.8bTotal Earnings: CA$6.8bTotal Revenue: CA$134.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.7x202420252026
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 23.9x which is higher than its 3-year average PE of 18.7x.
  • The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Market0.27%
Consumer Discretionary-0.67%
Retail Distributors12.50%
Leisure7.78%
Consumer Durables6.06%
Auto Components5.32%
Specialty Stores3.95%
Auto0%0
Online Retail and Ecommerce0%0
Hospitality-0.39%
Luxury-0.65%
Consumer Services-3.85%
General Merchandise and Department Stores-6.59%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 22.6x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings decline of 41.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Luxury industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Hospitality industry is expected to see its earnings grow by 11% 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
MG Magna InternationalCA$76.786.1%
+CA$1.3b		53.4%PE18.9x
GRGD Groupe DynamiteCA$73.729.2%
+CA$706.6m		415.9%PE41.1x
DOO BRPCA$93.089.3%
+CA$582.9m		83.2%PE28x
ATZ AritziaCA$112.191.8%
+CA$225.5m		111.4%PE37.6x
LNR LinamarCA$86.332.8%
+CA$138.5m		67.2%PE8.8x

Latest News

DOL
CA$168.84
Dollarama
7D
-8.0%
1Y
12.5%
PZA
CA$15.15
Pizza Pizza Royalty
7D
-4.3%
1Y
10.0%
ACQ
CA$20.01
AutoCanada
7D
17.7%
1Y
20.3%
MG
CA$76.78
Magna International
7D
6.1%
1Y
53.4%
DTOL
CA$7.91
D2L
7D
-5.6%
1Y
-54.5%
CTC.A
CA$184.45
Canadian Tire Corporation
7D
0.7%
1Y
23.5%

CTC.A: Loyalty And AI Partnerships Will Shape Cautious Fair Value Outlook

Analysts have increased their average price target on Canadian Tire Corporation to a range of CA$180 to CA$205, reflecting updated views on Canadian consumer health and sales trends while keeping fair value estimates broadly unchanged. Analyst Commentary Recent research updates cluster around higher price targets for Canadian Tire, with most analysts keeping their overall stance intact while fine tuning expectations on execution and consumer demand.
DOO
CA$93.08
BRP
7D
9.3%
1Y
83.2%
TOY
CA$17.93
Spin Master
7D
2.5%
1Y
-29.7%
LNR
CA$86.33
Linamar
7D
2.8%
1Y
67.2%
DIV
CA$4.07
Diversified Royalty
7D
2.5%
1Y
44.8%
GRGD
CA$73.72
Groupe Dynamite
7D
9.2%
1Y
415.9%
ATZ
CA$112.19
Aritzia
7D
1.8%
1Y
111.4%

ATZ: Higher Margin Execution Will Support Stronger Long Term Earnings Power

Aritzia's analyst price target has been raised to a range of CA$135 to CA$155, with analysts citing their updated assumptions for revenue growth, profit margins and forward P/E as key support for the higher valuations. Analyst Commentary Street research on Aritzia is skewed toward higher valuation ranges, with several bullish analysts lifting their price targets into the CA$135 to CA$155 band.
GIL
CA$76.96
Gildan Activewear
7D
-0.8%
1Y
20.0%

GIL: Dividend Growth And Bangladesh Expansion Will Support Future Upside

Analysts have raised their price target on Gildan Activewear by roughly CA$1.30, citing updated assumptions that combine a slightly higher discount rate with lower projected revenue growth, a higher profit margin, and a more conservative future P/E multiple. What's in the News The company plans to construct a second textile facility in the Bangladesh complex over the next 18 months, with initial production targeted for late 2027 and capital expenditure expected to remain within existing capex guidance (company announcement).
QSP.UN
CA$100.83
Restaurant Brands International Limited Partnership
7D
-0.2%
1Y
5.4%
TWC
CA$22.76
TWC Enterprises
7D
-2.6%
1Y
26.0%
AW
CA$36.40
A & W Food Services of Canada
7D
-1.5%
1Y
8.7%