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Canadian (TSX) Hospitality Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies13
- 7D3.4%
- 3M-0.4%
- 1Y-0.7%
- YTD-6.2%
In the last week, the Hospitality industry is up 3.3%, with Restaurant Brands International Limited Partnership up 3.9%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Canadian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CA$36.5b | CA$13.5b | CA$2.8b | 12.6x | 12.9x | 2.7x |
| Sat, 19 Oct 2024 | CA$36.8b | CA$12.8b | CA$2.8b | 14.1x | 13.1x | 2.9x |
| Mon, 16 Sep 2024 | CA$35.9b | CA$12.6b | CA$2.8b | 13.4x | 13x | 2.8x |
| Wed, 14 Aug 2024 | CA$36.9b | CA$12.7b | CA$2.7b | 13.6x | 13.5x | 2.9x |
| Fri, 12 Jul 2024 | CA$33.7b | CA$12.3b | CA$2.7b | 12.2x | 12.5x | 2.7x |
| Sun, 09 Jun 2024 | CA$36.6b | CA$12.4b | CA$2.7b | 13.2x | 13.5x | 3x |
| Tue, 07 May 2024 | CA$39.2b | CA$12.3b | CA$2.7b | 13.8x | 14.7x | 3.2x |
| Thu, 04 Apr 2024 | CA$40.3b | CA$12.0b | CA$2.6b | 14x | 15.6x | 3.4x |
| Sat, 02 Mar 2024 | CA$39.7b | CA$12.0b | CA$2.5b | 15.2x | 16x | 3.3x |
| Mon, 29 Jan 2024 | CA$41.0b | CA$13.0b | CA$2.1b | 15.7x | 19.8x | 3.1x |
| Wed, 27 Dec 2023 | CA$40.7b | CA$12.9b | CA$2.0b | 15.2x | 19.9x | 3.2x |
| Fri, 24 Nov 2023 | CA$38.8b | CA$13.2b | CA$2.1b | 15.1x | 18.5x | 2.9x |
| Sun, 22 Oct 2023 | CA$36.8b | CA$13.0b | CA$2.3b | 13.3x | 16x | 2.8x |
| Tue, 19 Sep 2023 | CA$37.6b | CA$12.8b | CA$2.3b | 15.5x | 16.7x | 2.9x |
| Thu, 17 Aug 2023 | CA$39.6b | CA$12.8b | CA$2.3b | 16.3x | 17.5x | 3.1x |
| Sat, 15 Jul 2023 | CA$41.0b | CA$12.4b | CA$2.2b | 16.6x | 18.6x | 3.3x |
| Mon, 12 Jun 2023 | CA$40.1b | CA$12.3b | CA$2.2b | 16.6x | 18x | 3.3x |
| Wed, 10 May 2023 | CA$39.7b | CA$12.3b | CA$2.2b | 16.3x | 17.8x | 3.2x |
| Fri, 07 Apr 2023 | CA$36.8b | CA$12.1b | CA$2.2b | 16x | 16.5x | 3.1x |
| Sun, 05 Mar 2023 | CA$36.6b | CA$12.1b | CA$2.2b | 17.7x | 16.4x | 3x |
| Tue, 31 Jan 2023 | CA$37.2b | CA$11.6b | CA$2.2b | 16.7x | 17.1x | 3.2x |
| Thu, 29 Dec 2022 | CA$36.3b | CA$11.8b | CA$2.2b | 16x | 16.5x | 3.1x |
| Sat, 26 Nov 2022 | CA$37.1b | CA$11.6b | CA$2.2b | 15.7x | 17x | 3.2x |
| Mon, 24 Oct 2022 | CA$32.0b | CA$11.5b | CA$2.0b | 14.4x | 16.3x | 2.8x |
| Wed, 21 Sep 2022 | CA$32.8b | CA$11.3b | CA$1.9b | 14.5x | 17.1x | 2.9x |
| Fri, 19 Aug 2022 | CA$32.7b | CA$11.0b | CA$1.9b | 15.6x | 17.5x | 3x |
| Sun, 17 Jul 2022 | CA$28.7b | CA$10.5b | CA$1.9b | 14.3x | 15x | 2.7x |
| Tue, 14 Jun 2022 | CA$28.2b | CA$10.4b | CA$1.9b | 15.1x | 15x | 2.7x |
| Thu, 12 May 2022 | CA$28.0b | CA$10.4b | CA$1.9b | 15.4x | 14.9x | 2.7x |
| Sat, 09 Apr 2022 | CA$27.5b | CA$9.8b | CA$1.8b | 18.9x | 15.1x | 2.8x |
| Mon, 07 Mar 2022 | CA$30.8b | CA$9.9b | CA$1.8b | 19.3x | 17.5x | 3.1x |
| Wed, 02 Feb 2022 | CA$30.5b | CA$9.5b | CA$1.6b | 17.5x | 18.7x | 3.2x |
| Fri, 31 Dec 2021 | CA$33.3b | CA$9.6b | CA$1.6b | 18.9x | 20.2x | 3.5x |
| Sun, 28 Nov 2021 | CA$32.3b | CA$9.6b | CA$1.6b | 19.5x | 19.8x | 3.4x |
Price to Earnings Ratio
19.8x
Current Industry PE
- Investors are pessimistic on the Canadian Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.0x which is lower than its 3-year average PE of 16.5x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 12% 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 | 0.67% | |
| Consumer Discretionary | -0.41% | |
| Hospitality | 3.40% | |
| Restaurants | 3.55% | |
| Casinos and Gaming | 0.68% | |
| Hotels, Resorts and Cruise Lines | 0% | |
| Leisure Facilities | -1.43% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio of 0.79x.
- Analysts are expecting annual earnings growth of 13.4%, which is lower than the prior year's growth of 28.8% per year.
- Investors are most pessimistic about the Leisure Facilities industry, which is trading below its 3-year average of 14.9x.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 4.9% 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 | |
|---|---|---|---|---|---|
| QSP.UN Restaurant Brands International Limited Partnership | CA$97.31 | 2.9% +CA$926.3m | -0.02% | PE12.9x | |
| PBL Pollard Banknote | CA$25.15 | 6.4% +CA$41.1m | -15.9% | PE14.1x | |
| PZA Pizza Pizza Royalty | CA$13.28 | 0.9% +CA$3.9m | -7.5% | PE14x | |
| KEG.UN Keg Royalties Income Fund | CA$15.39 | 2.2% +CA$3.7m | 16.6% | PE38.3x | |
| BPF.UN Boston Pizza Royalties Income Fund | CA$17.56 | 0.9% +CA$3.4m | 14.0% | PE12.2x |
