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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies54
  • 7D-1.1%
  • 3M-0.2%
  • 1Y37.3%
  • YTD-0.7%

Over the last 7 days, the Consumer Discretionary industry has dropped 1.1%, driven by BRP declining 25%. In contrast, Magna International has gained 5.9%. This takes the industry's 12 month performance to a gain of 37%. 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
Wed, 22 Apr 2026CA$186.1bCA$145.5bCA$7.5b16.6x24.9x1.3x
Fri, 20 Mar 2026CA$180.0bCA$145.2bCA$7.3b15.7x24.7x1.2x
Sun, 15 Feb 2026CA$184.7bCA$144.4bCA$7.4b18.6x25.1x1.3x
Tue, 13 Jan 2026CA$185.4bCA$145.5bCA$7.7b19.5x24.1x1.3x
Thu, 11 Dec 2025CA$179.3bCA$144.3bCA$7.5b19.3x23.8x1.2x
Sat, 08 Nov 2025CA$167.1bCA$145.4bCA$7.5b17.6x22.2x1.1x
Mon, 06 Oct 2025CA$169.8bCA$144.5bCA$7.7b18.7x22x1.2x
Wed, 03 Sep 2025CA$161.3bCA$143.5bCA$7.6b17.5x21.2x1.1x
Fri, 01 Aug 2025CA$159.5bCA$143.5bCA$7.7b16.3x20.7x1.1x
Sun, 29 Jun 2025CA$154.0bCA$142.5bCA$7.6b16.1x20.4x1.1x
Tue, 27 May 2025CA$141.8bCA$134.8bCA$7.4b15.7x19.2x1.1x
Thu, 24 Apr 2025CA$131.0bCA$138.1bCA$7.0b15.4x18.8x0.9x
Sat, 22 Mar 2025CA$137.9bCA$149.3bCA$7.3b15.9x19x0.9x
Mon, 17 Feb 2025CA$138.2bCA$149.1bCA$7.1b18.6x19.5x0.9x
Wed, 15 Jan 2025CA$138.3bCA$148.9bCA$8.2b14.2x16.9x0.9x
Fri, 13 Dec 2024CA$146.0bCA$147.9bCA$8.0b15.2x18.1x1x
Sun, 10 Nov 2024CA$141.3bCA$145.4bCA$7.9b15.7x17.9x1x
Tue, 08 Oct 2024CA$139.3bCA$143.7bCA$7.4b17.9x18.7x1x
Thu, 05 Sep 2024CA$137.3bCA$144.9bCA$7.7b17.4x17.7x0.9x
Sat, 03 Aug 2024CA$137.4bCA$146.9bCA$7.8b13.9x17.6x0.9x
Mon, 01 Jul 2024CA$132.0bCA$145.9bCA$8.0b13.7x16.6x0.9x
Wed, 29 May 2024CA$133.7bCA$147.1bCA$8.0b12.9x16.7x0.9x
Fri, 26 Apr 2024CA$134.2bCA$146.3bCA$8.2b14x16.4x0.9x
Sun, 24 Mar 2024CA$137.3bCA$146.2bCA$8.1b14.8x16.9x0.9x
Tue, 20 Feb 2024CA$135.4bCA$144.8bCA$7.3b15.7x18.6x0.9x
Thu, 18 Jan 2024CA$135.2bCA$149.9bCA$7.7b15.8x17.4x0.9x
Sat, 16 Dec 2023CA$135.5bCA$149.1bCA$7.7b15.5x17.5x0.9x
Mon, 13 Nov 2023CA$104.7bCA$145.9bCA$7.0b14.5x15x0.7x
Wed, 11 Oct 2023CA$104.0bCA$142.8bCA$7.1b14.7x14.6x0.7x
Fri, 08 Sep 2023CA$109.2bCA$143.0bCA$7.1b15.4x15.4x0.8x
Sun, 06 Aug 2023CA$115.1bCA$137.3bCA$6.4b16.6x18.1x0.8x
Tue, 04 Jul 2023CA$115.3bCA$136.2bCA$6.4b16.7x17.9x0.8x
Thu, 01 Jun 2023CA$107.8bCA$137.5bCA$6.5b15.3x16.7x0.8x
Sat, 29 Apr 2023CA$111.6bCA$135.0bCA$6.8b16.2x16.4x0.8x
Price to Earnings Ratio

16.4x


Total Market Cap: CA$111.6bTotal Earnings: CA$6.8bTotal Revenue: CA$135.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.8x202420252026
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 24.9x which is higher than its 3-year average PE of 18.8x.
  • The 3-year average PS ratio of 0.98x 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 3.2% per year over the last three years.
  • Revenues for these companies have grown 2.5% 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 Market-1.08%
Consumer Discretionary-1.12%
Consumer Services12.59%
Auto Components3.60%
Luxury3.22%
Specialty Stores1.68%
Auto0%0
Retail Distributors0%0
Online Retail and Ecommerce0%0
Consumer Durables-0.76%
Hospitality-1.13%
General Merchandise and Department Stores-3.10%
Leisure-19.93%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 24.0x.
    • Analysts are expecting annual earnings growth of 22.8%, which is lower than the prior year's growth of 431.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings decline of 65% 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$84.325.9%
+CA$1.3b		84.9%PE20.6x
ATZ AritziaCA$137.956.0%
+CA$899.3m		213.0%PE46x
GIL Gildan ActivewearCA$82.753.0%
+CA$440.7m		43.0%PE28.5x
GOOS Canada Goose HoldingsCA$16.544.9%
+CA$74.8m		43.5%PE74.7x
DTOL D2LCA$10.0414.0%
+CA$66.8m		-16.3%PE44.5x

Latest News

ATZ
CA$137.95
Aritzia
7D
6.0%
1Y
213.0%
GOOS
CA$16.54
Canada Goose Holdings
7D
4.9%
1Y
43.5%

GOOS: Brand Strength And Margin Discipline Will Support Future Upside Potential

Analysts have reduced their CA$ price targets on Canada Goose Holdings by CA$2, reflecting a more cautious stance that takes into account updated assumptions for revenue growth, margins, discount rates and future P/E expectations. Analyst Commentary Recent Street research around Canada Goose Holdings has largely focused on recalibrating expectations, with price target cuts and downgrades reflecting more cautious assumptions on revenue growth, margins and future P/E multiples.
MG
CA$84.32
Magna International
7D
5.9%
1Y
84.9%

MG: Buybacks And Dividend Discipline Will Support 2026 Hybrid Platform Outlook

Analysts have nudged their price target on Magna International slightly lower to about CA$88.91 from roughly CA$89.42, reflecting small adjustments to forecasts for discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Magna introduced DHD REX, a dedicated hybrid drive for range extended electric vehicles, designed as a modular, single motor system with multiple operating modes and applicability across B to E segment vehicles, including SUVs (Key Developments).
DOO
CA$81.40
BRP
7D
-24.7%
1Y
79.3%

DOO: Tariff Headwinds And Execution Through 2027 Guidance Will Drive Upside

Analysts have lowered the BRP fair value estimate to CA$124 from CA$131, reflecting a reduced aggregate price target. This change is influenced by tariff-related cost headwinds, guidance uncertainty, and slightly softer growth assumptions, which are contributing to higher discount rates and modestly reduced future P/E expectations.
GRGD
CA$86.47
Groupe Dynamite
7D
-3.0%
1Y
523.0%

E Commerce And Lean Inventory Model Will Support Long Term Apparel Expansion

Catalysts About Groupe Dynamite Groupe Dynamite operates specialty apparel brands, primarily GARAGE and Dynamite, focused on fashion for young women across stores and e-commerce. What are the underlying business or industry changes driving this perspective?
LNR
CA$84.16
Linamar
7D
-5.3%
1Y
74.1%
CTC.A
CA$189.95
Canadian Tire Corporation
7D
-4.4%
1Y
25.3%
GIL
CA$82.75
Gildan Activewear
7D
3.0%
1Y
43.0%
DOL
CA$171.63
Dollarama
7D
-2.8%
1Y
-0.3%

DOL: Share Repurchases And Dividend Increases Will Support Higher Future P/E

Dollarama's analyst fair value estimate has been trimmed by CA$3 to CA$232 as analysts adjust their price targets and supporting assumptions around growth, profitability, and P/E multiples in light of recent Street research updates. Analyst Commentary Recent Street research shows a broad reset of price targets on Dollarama, with several firms trimming their estimates while keeping a close eye on execution, growth prospects, and valuation discipline.
MTY
CA$40.14
MTY Food Group
7D
5.2%
1Y
-2.0%
DTOL
CA$10.04
D2L
7D
14.0%
1Y
-16.3%

DTOL: Lower P E Expectations And Buybacks Will Support Future Upside

Analysts have lowered the blended CA$ price target for D2L to reflect a reduced fair value estimate of about CA$12.35 from roughly CA$18.02, citing broad target cuts from firms including BMO Capital, Stifel, TD Securities, RBC Capital and CIBC, as well as updated assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research shows a cluster of target cuts and at least one rating downgrade for D2L, with several firms revising their models and fair value assumptions.
PET
CA$21.08
Pet Valu Holdings
7D
-1.7%
1Y
-21.4%

PET: Store Expansion And Wholesale Mix Will Support Softer 2026 Outlook

Analysts have trimmed the consolidated price target for Pet Valu Holdings to CA$32 from a prior range that reached up to CA$40, citing softer recent results, a more competitive promotional backdrop, and a fiscal 2026 outlook that came in below earlier expectations. Analyst Commentary Research coverage on Pet Valu Holdings has shifted toward more conservative price targets, with analysts reassessing both execution risks and growth expectations in light of recent quarterly results and the fiscal 2026 outlook.
PESO
CA$0.60
PesoRama
7D
50.0%
1Y
275.0%
ACQ
CA$22.26
AutoCanada
7D
7.8%
1Y
43.4%

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Mar 27
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XAU
CA$16.05
Goldmoney
7D
-8.7%
1Y
99.9%
QSP.UN
CA$106.43
Restaurant Brands International Limited Partnership
7D
-1.4%
1Y
23.3%