Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) General Merchandise and Department Stores Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies2
  • 7D-1.4%
  • 3M-0.6%
  • 1Y29.5%
  • YTD-3.8%

The General Merchandise and Department Stores industry has been flat over the last week, but Canadian Tire Corporation has lost 3.2%. As for the the longer term, the industry is up 30% over the past 12 months. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Canadian General Merchandise and Department Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026CA$63.1bCA$23.4bCA$1.9b28.9x33.5x2.7x
Thu, 12 Feb 2026CA$61.0bCA$23.8bCA$2.1b25.7x29.1x2.6x
Sat, 10 Jan 2026CA$64.0bCA$23.8bCA$2.1b26.8x30.5x2.7x
Mon, 08 Dec 2025CA$64.4bCA$23.5bCA$2.0b27.6x31.4x2.7x
Wed, 05 Nov 2025CA$58.9bCA$23.4bCA$2.1b24.9x28.4x2.5x
Fri, 03 Oct 2025CA$59.3bCA$23.4bCA$2.1b25.5x28.5x2.5x
Sun, 31 Aug 2025CA$61.2bCA$23.4bCA$2.1b26.2x29.5x2.6x
Tue, 29 Jul 2025CA$62.1bCA$23.0bCA$2.1b26.9x29.9x2.7x
Thu, 26 Jun 2025CA$64.3bCA$23.0bCA$2.1b27.6x30.9x2.8x
Sat, 24 May 2025CA$57.2bCA$22.9bCA$2.0b25.8x28.3x2.5x
Mon, 21 Apr 2025CA$54.9bCA$22.8bCA$2.1b24.5x26.7x2.4x
Wed, 19 Mar 2025CA$49.9bCA$22.5bCA$2.0b23.5x25.1x2.2x
Fri, 14 Feb 2025CA$47.3bCA$22.5bCA$2.0b22.2x23.8x2.1x
Sun, 12 Jan 2025CA$47.1bCA$22.5bCA$1.8b24.1x26.9x2.1x
Tue, 10 Dec 2024CA$48.7bCA$22.5bCA$1.8b24.6x27.8x2.2x
Thu, 07 Nov 2024CA$50.6bCA$22.4bCA$1.5b30.1x34.4x2.3x
Sat, 05 Oct 2024CA$47.9bCA$22.4bCA$1.5b29.4x32.6x2.1x
Mon, 02 Sep 2024CA$47.3bCA$22.3bCA$1.4b29.6x33.1x2.1x
Wed, 31 Jul 2024CA$45.1bCA$22.5bCA$1.3b31.7x33.9x2x
Fri, 28 Jun 2024CA$42.6bCA$22.5bCA$1.3b30.3x32x1.9x
Sun, 26 May 2024CA$42.5bCA$22.3bCA$1.3b30.5x32.9x1.9x
Tue, 23 Apr 2024CA$39.2bCA$22.5bCA$1.2b32.8x32x1.7x
Thu, 21 Mar 2024CA$37.2bCA$22.4bCA$1.2b33x32.1x1.7x
Sat, 17 Feb 2024CA$36.8bCA$22.4bCA$1.2b33.4x31.7x1.6x
Mon, 15 Jan 2024CA$35.6bCA$23.3bCA$1.5b21.3x23.4x1.5x
Wed, 13 Dec 2023CA$8.2bCA$17.6bCA$572.7m13.5x14.2x0.5x
Fri, 10 Nov 2023CA$8.4bCA$17.5bCA$824.0m9.4x10.1x0.5x
Sun, 08 Oct 2023CA$8.3bCA$17.5bCA$824.0m9.6x10.1x0.5x
Tue, 05 Sep 2023CA$9.3bCA$17.5bCA$824.0m10.8x11.3x0.5x
Thu, 03 Aug 2023CA$10.2bCA$17.7bCA$987.3m10x10.4x0.6x
Sat, 01 Jul 2023CA$10.6bCA$17.7bCA$987.3m10.3x10.7x0.6x
Mon, 29 May 2023CA$10.0bCA$17.7bCA$987.3m9.7x10.2x0.6x
Wed, 26 Apr 2023CA$10.8bCA$17.8bCA$1.0b9.8x10.3x0.6x
Fri, 24 Mar 2023CA$10.2bCA$17.8bCA$1.0b9.2x9.7x0.6x
Price to Earnings Ratio

9.7x


Total Market Cap: CA$10.2bTotal Earnings: CA$1.0bTotal Revenue: CA$17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian General Merchandise and Department Stores Industry Price to Earnings3Y Average 25x202420252026
Current Industry PE
    There are only 2 companies in the Canadian Multiline Retail industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 industry?

CA Market-1.85%
Consumer Discretionary-2.18%
General Merchandise and Department Stores-1.40%
General Merchandise Stores0%0
Broadline Retail-1.40%
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 25.1x.
    • Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings decline of 6.3% per year.
  • Investors are most pessimistic about the Broadline Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 25.1x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 6.3% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 10% 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
DOL DollaramaCA$198.340.5%
+CA$245.5m		31.9%PE41.4x
CTC.A Canadian Tire CorporationCA$190.190.2%
+CA$19.5m		31.6%PE17.4x

Latest News

CTC.A
CA$190.19
Canadian Tire Corporation
7D
0.2%
1Y
31.6%

CTC.A: Loyalty And AI Partnerships Will Guide Cautious Fair Value Expectations

Analysts have lifted our implied fair value for Canadian Tire Corporation by about CA$2 to CA$191.45. This reflects higher Street price targets and updated assumptions for discount rate, profit margin, and future P/E in line with recent TD Securities, CIBC, BMO Capital, and Scotiabank research.
DOL
CA$198.34
Dollarama
7D
0.5%
1Y
31.9%

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.