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Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedMar 09, 2026
DataAggregated Company Financials
Companies53
  • 7D-3.6%
  • 3M1.1%
  • 1Y30.1%
  • YTD-0.4%

Over the last 7 days, the Consumer Discretionary industry has dropped 3.6%, driven by a pullback from Dollarama of 4.2%. In contrast, Restaurant Brands International Limited Partnership has gained 6.7%. This takes the industry's 12 month performance to a gain of 30%. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Mar 2026CA$185.2bCA$144.5bCA$7.2b16.9x25.6x1.3x
Wed, 04 Feb 2026CA$173.7bCA$144.1bCA$7.6b19.5x22.8x1.2x
Fri, 02 Jan 2026CA$181.8bCA$144.3bCA$7.6b19.7x24x1.3x
Sun, 30 Nov 2025CA$178.9bCA$145.0bCA$7.5b19.2x23.8x1.2x
Tue, 28 Oct 2025CA$170.7bCA$145.0bCA$7.8b17.4x22x1.2x
Thu, 25 Sep 2025CA$164.8bCA$144.2bCA$7.7b17.4x21.5x1.1x
Sat, 23 Aug 2025CA$162.2bCA$143.5bCA$7.6b17.9x21.4x1.1x
Mon, 21 Jul 2025CA$159.9bCA$142.8bCA$7.7b17.3x20.9x1.1x
Wed, 18 Jun 2025CA$153.5bCA$142.1bCA$7.5b15.6x20.4x1.1x
Fri, 16 May 2025CA$139.0bCA$136.1bCA$7.4b15.9x18.7x1x
Sun, 13 Apr 2025CA$127.8bCA$138.1bCA$7.0b14.8x18.3x0.9x
Tue, 11 Mar 2025CA$141.8bCA$150.6bCA$7.3b18.2x19.3x0.9x
Thu, 06 Feb 2025CA$138.7bCA$148.9bCA$8.2b15.4x17x0.9x
Sat, 04 Jan 2025CA$140.8bCA$149.3bCA$8.2b15.5x17.3x0.9x
Mon, 02 Dec 2024CA$144.1bCA$146.9bCA$8.0b15.3x18x1x
Wed, 30 Oct 2024CA$139.4bCA$145.2bCA$7.5b17.5x18.5x1x
Fri, 27 Sep 2024CA$137.7bCA$143.8bCA$7.5b17.7x18.4x1x
Sun, 25 Aug 2024CA$139.1bCA$144.8bCA$7.7b16.5x18x1x
Tue, 23 Jul 2024CA$136.9bCA$146.3bCA$8.0b13.9x17.2x0.9x
Thu, 20 Jun 2024CA$131.7bCA$146.2bCA$8.0b13.3x16.5x0.9x
Sat, 18 May 2024CA$135.3bCA$147.0bCA$8.0b13.9x16.9x0.9x
Mon, 15 Apr 2024CA$133.5bCA$146.9bCA$8.2b13.9x16.2x0.9x
Wed, 13 Mar 2024CA$135.4bCA$145.5bCA$8.0b14.6x16.8x0.9x
Fri, 09 Feb 2024CA$135.9bCA$143.2bCA$7.7b15.9x17.7x0.9x
Sun, 07 Jan 2024CA$135.7bCA$149.0bCA$7.7b15.6x17.6x0.9x
Tue, 05 Dec 2023CA$107.1bCA$144.3bCA$6.9b15.3x15.6x0.7x
Thu, 02 Nov 2023CA$100.7bCA$144.5bCA$7.2b14.7x13.9x0.7x
Sat, 30 Sep 2023CA$104.0bCA$142.8bCA$7.1b15.1x14.6x0.7x
Mon, 28 Aug 2023CA$109.9bCA$142.5bCA$7.1b15.9x15.6x0.8x
Wed, 26 Jul 2023CA$116.8bCA$136.0bCA$6.4b16.3x18.2x0.9x
Fri, 23 Jun 2023CA$111.0bCA$135.7bCA$6.4b15.5x17.2x0.8x
Sun, 21 May 2023CA$110.3bCA$137.1bCA$6.4b15.3x17.1x0.8x
Tue, 18 Apr 2023CA$109.4bCA$134.1bCA$6.7b15.3x16.3x0.8x
Thu, 16 Mar 2023CA$97.6bCA$125.9bCA$6.0b14x16.3x0.8x
Price to Earnings Ratio

16.3x


Total Market Cap: CA$97.6bTotal Earnings: CA$6.0bTotal Revenue: CA$125.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.5x202420252026
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 25.6x which is higher than its 3-year average PE of 18.5x.
  • The 3-year average PS ratio of 0.96x 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 6.6% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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-3.75%
Consumer Discretionary-3.62%
Hospitality5.59%
Auto0%0
Retail Distributors0%0
Online Retail and Ecommerce0%0
General Merchandise and Department Stores-2.88%
Consumer Services-3.59%
Auto Components-6.86%
Specialty Stores-7.85%
Consumer Durables-8.49%
Luxury-8.68%
Leisure-9.40%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 19.4x.
    • Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings decline of 41.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 42% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 10.0% 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
QSP.UN Restaurant Brands International Limited PartnershipCA$100.356.7%
+CA$2.1b		2.6%PE20.7x
ROOT RootsCA$3.4013.0%
+CA$15.3m		51.1%PS0.5x
CTC.A Canadian Tire CorporationCA$192.950.08%
+CA$7.9m		32.1%PE17.7x
IFA iFabricCA$2.1912.9%
+CA$7.6m		108.6%PE42.2x
TWC TWC EnterprisesCA$23.311.3%
+CA$7.5m		30.9%PE10.1x

Latest News

TWC
CA$23.31
TWC Enterprises
7D
1.3%
1Y
30.9%
AEG
CA$0.34
Aegis Brands
7D
13.3%
1Y
-10.5%
LNR
CA$88.44
Linamar
7D
-6.6%
1Y
69.9%
MG
CA$79.95
Magna International
7D
-7.5%
1Y
44.8%

MG: Dividend Strength And Buybacks Will Support Confidence In 2026 Guidance

Analysts have nudged their fair value estimate for Magna International up from CA$85.36 to CA$89.71, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Magna confirmed earnings guidance for 2026, with expected sales in a range of US$41.9b to US$43.5b (company guidance).
DOO
CA$89.20
BRP
7D
-9.3%
1Y
51.2%

DOO: Fair Outlook Weighs Short-Term Catalyst Watch Against Leadership And Capital Moves

Analysts have nudged their fair value estimate for BRP slightly higher to about CA$98.91 from roughly CA$98.67, reflecting updated views on margins, discount rate, and future P/E assumptions alongside fresh bullish and neutral Street research. Analyst Commentary Recent research coverage on BRP spans bullish and neutral views, with targets that cluster well below the current internal fair value estimate of about CA$98.91.
ATZ
CA$110.78
Aritzia
7D
-7.6%
1Y
106.6%

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

Aritzia's fair value estimate has been raised from CA$150.0 to CA$168.0, reflecting analysts' higher price targets, including recent moves to CA$148 to CA$155. This change also incorporates updated assumptions for slightly stronger revenue growth, modestly higher profit margins, and a lower future P/E multiple.
PET
CA$24.33
Pet Valu Holdings
7D
-13.9%
1Y
-9.1%

Supply Chain Gains And Omnichannel Costs Will Reshape Pet Retail Margins Over Time

Catalysts About Pet Valu Holdings Pet Valu Holdings operates a Canadian pet specialty retail and wholesale network focused on consumables, hardgoods and related services for devoted pet owners. What are the underlying business or industry changes driving this perspective?
DOL
CA$193.63
Dollarama
7D
-4.2%
1Y
26.7%

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

Analysts are keeping their CA$235.00 target for Dollarama unchanged, citing slightly higher assumed revenue growth and profit margins, along with a modestly higher discount rate and a lower future P/E, which together offset each other in their valuation work. 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 CA$484.6 million.
CTC.A
CA$192.95
Canadian Tire Corporation
7D
0.08%
1Y
32.1%
GIL
CA$84.87
Gildan Activewear
7D
-7.7%
1Y
19.4%

GIL: Dividend Aristocrat Status And Payout Growth Will Support Future Upside

Analysts have lifted their price target on Gildan Activewear to CA$126.84 from CA$124.70, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as key drivers behind the refreshed valuation view. What's in the News The board approved a 10% increase to the current quarterly dividend and declared a cash dividend of $0.249 per share, payable on April 13, 2026, to shareholders of record on March 19, 2026 (company announcement).
GH
CA$11.70
Gamehost
7D
1.5%
1Y
15.4%
ROOT
CA$3.40
Roots
7D
13.0%
1Y
51.1%
QSP.UN
CA$100.35
Restaurant Brands International Limited Partnership
7D
6.7%
1Y
2.6%
GRGD
CA$82.70
Groupe Dynamite
7D
-3.0%
1Y
512.1%
IFA
CA$2.19
iFabric
7D
12.9%
1Y
108.6%
MNLX
CA$0.32
MiniLuxe Holding
7D
12.3%
1Y
-46.7%

With MiniLuxe Holding Corp. (CVE:MNLX) It Looks Like You'll Get What You Pay For

Dec 23
With MiniLuxe Holding Corp. (CVE:MNLX) It Looks Like You'll Get What You Pay For