Avante Corp.'s (CVE:XX) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Dec 06
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Canadian (TSX) Consumer Services Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies5
- 7D5.4%
- 3M48.6%
- 1Y76.2%
- YTD70.2%
In the last week, the Consumer Services industry is up 5.4%, with D2L up 5.9%. During this same period, the CANPR Technology underperformed, falling 24%. This takes the industry's 12 month performance to a gain of 76%. Looking forward, earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Canadian Consumer Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | CA$1.1b | CA$400.0m | CA$4.1m | 62.6x | 272.3x | 2.8x |
| Mon, 18 Nov 2024 | CA$854.9m | CA$383.2m | -CA$2,903,682.73 | 586x | -294.4x | 2.2x |
| Wed, 16 Oct 2024 | CA$765.6m | CA$377.4m | -CA$2,918,439.41 | 529x | -262.3x | 2x |
| Fri, 13 Sep 2024 | CA$771.5m | CA$372.3m | -CA$2,818,576.34 | 534.7x | -273.7x | 2.1x |
| Sun, 11 Aug 2024 | CA$1.7b | CA$820.7m | -CA$18,275,169.10 | 9.9x | -90.8x | 2x |
| Tue, 09 Jul 2024 | CA$1.6b | CA$815.6m | -CA$19,055,375.92 | 16.2x | -84.2x | 2x |
| Thu, 06 Jun 2024 | CA$1.4b | CA$809.7m | -CA$17,418,966.73 | 16.4x | -80.1x | 1.7x |
| Sat, 04 May 2024 | CA$1.1b | CA$823.3m | -CA$16,980,819.16 | 16x | -62.9x | 1.3x |
| Mon, 01 Apr 2024 | CA$1.3b | CA$841.7m | -CA$37,960,316.21 | 25.9x | -34.1x | 1.5x |
| Wed, 28 Feb 2024 | CA$1.4b | CA$837.6m | -CA$5,037,481.49 | 25.2x | -271.2x | 1.6x |
| Fri, 26 Jan 2024 | CA$1.4b | CA$846.7m | -CA$5,148,696.00 | 25.6x | -263.7x | 1.6x |
| Sun, 24 Dec 2023 | CA$1.4b | CA$831.3m | -CA$10,060,037.00 | 29.7x | -135.9x | 1.6x |
| Tue, 21 Nov 2023 | CA$1.1b | CA$847.1m | -CA$29,037,499.00 | 24.6x | -36.7x | 1.3x |
| Thu, 19 Oct 2023 | CA$1.1b | CA$836.7m | -CA$26,193,914.00 | 23.6x | -41.8x | 1.3x |
| Sat, 16 Sep 2023 | CA$1.2b | CA$826.6m | -CA$26,202,907.00 | 28.1x | -47.1x | 1.5x |
| Mon, 14 Aug 2023 | CA$1.3b | CA$816.4m | -CA$26,450,724.00 | 31.2x | -50.7x | 1.6x |
| Wed, 12 Jul 2023 | CA$1.4b | CA$791.8m | -CA$23,371,284.00 | 30.3x | -59.9x | 1.8x |
| Fri, 09 Jun 2023 | CA$1.4b | CA$797.8m | -CA$23,362,376.00 | 30.1x | -59.3x | 1.7x |
| Sun, 07 May 2023 | CA$1.4b | CA$790.6m | -CA$29,065,735.00 | 25.4x | -47.1x | 1.7x |
| Tue, 04 Apr 2023 | CA$1.5b | CA$789.3m | -CA$58,254,063.00 | 28x | -26.3x | 1.9x |
| Thu, 02 Mar 2023 | CA$1.6b | CA$735.5m | -CA$59,036,557.00 | 27.2x | -26.5x | 2.1x |
| Sat, 28 Jan 2023 | CA$1.4b | CA$740.2m | -CA$56,381,007.00 | 28x | -25.2x | 1.9x |
| Mon, 26 Dec 2022 | CA$1.3b | CA$752.2m | -CA$55,502,646.00 | 26.3x | -24x | 1.8x |
| Wed, 23 Nov 2022 | CA$1.3b | CA$732.7m | -CA$98,790,668.00 | 26.6x | -13x | 1.7x |
| Fri, 21 Oct 2022 | CA$1.2b | CA$761.3m | -CA$95,988,054.00 | 19.8x | -12.1x | 1.5x |
| Sun, 18 Sep 2022 | CA$1.4b | CA$746.6m | -CA$95,809,049.00 | 23.2x | -14.1x | 1.8x |
| Tue, 16 Aug 2022 | CA$1.5b | CA$720.2m | -CA$126,011,023.00 | 27.3x | -12x | 2.1x |
| Thu, 14 Jul 2022 | CA$1.6b | CA$802.8m | -CA$121,549,845.00 | 30.2x | -13.4x | 2x |
| Sat, 11 Jun 2022 | CA$1.7b | CA$794.9m | -CA$120,120,467.00 | 30.4x | -13.9x | 2.1x |
| Mon, 09 May 2022 | CA$1.9b | CA$758.9m | -CA$167,430,060.00 | 33.5x | -11.3x | 2.5x |
| Wed, 06 Apr 2022 | CA$1.9b | CA$727.7m | -CA$85,946,044.00 | 22x | -22.3x | 2.6x |
| Fri, 04 Mar 2022 | CA$1.2b | CA$540.7m | CA$33.0m | 23.7x | 37.4x | 2.3x |
| Sun, 30 Jan 2022 | CA$1.4b | CA$544.0m | CA$30.8m | 16.1x | 44.6x | 2.5x |
| Tue, 28 Dec 2021 | CA$1.4b | CA$541.3m | CA$31.6m | 16.1x | 45.7x | 2.7x |
Price to Earnings Ratio
45.7x
Current Industry PE
- Investors are optimistic on the Canadian Consumer Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 272x which is higher than its 3-year average PE of -59.7x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Consumer Services industry have declined 49% per year over the last three years,
- Revenues have also declined 9.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Canadian Consumer Discretionary industry?
| CA Market | -3.68% | |
| Consumer Discretionary | -2.73% | |
| Consumer Services | 5.45% | |
| Education Services | 5.93% | |
| Specialized Consumer Services | -3.57% | |
Industry PE
- Investors are most optimistic about the Education Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 64.2% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Education Services industry, expecting annual earnings growth of 64% over the next 5 years.
- In contrast, the Education Services industry is expected to see its earnings grow by 64% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DTOL D2L | CA$19.12 | 5.3% +CA$52.8m | 81.1% | PE112.8x | |
| XX Avante | CA$1.17 | 12.5% +CA$3.5m | 51.9% | PS1x | |
| GEC Global Education Communities | CA$0.19 | 5.6% +CA$674.4k | -44.1% | PE11.7x | |
| QQ Quizam Media | CA$0.035 | 40.0% +CA$589.1k | 40.0% | PS0.3x |