Keg Royalties Income Fund's (TSE:KEG.UN) Dividend Will Be CA$0.0946
Jun 15
Canadian (TSX) Hospitality Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies19
- 7D-2.8%
- 3M-13.1%
- 1Y-8.3%
- YTD-9.8%
Over the last 7 days, the Hospitality industry has dropped 2.9%, driven by a pullback from Restaurant Brands International Limited Partnership of 3.1%. The industry has fallen 8.3% in the last year. Earnings are forecast to grow by 24% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | CA$35.6b | CA$12.4b | CA$2.7b | 12.8x | 13.1x | 2.9x |
| Mon, 13 May 2024 | CA$37.8b | CA$12.3b | CA$2.7b | 13.7x | 14.1x | 3.1x |
| Wed, 10 Apr 2024 | CA$38.8b | CA$12.0b | CA$2.6b | 14.1x | 15x | 3.2x |
| Fri, 08 Mar 2024 | CA$40.4b | CA$12.0b | CA$2.5b | 14.9x | 16.2x | 3.4x |
| Sun, 04 Feb 2024 | CA$41.0b | CA$13.0b | CA$2.1b | 15.4x | 19.9x | 3.1x |
| Tue, 02 Jan 2024 | CA$41.0b | CA$12.9b | CA$2.0b | 15.4x | 20.1x | 3.2x |
| Thu, 30 Nov 2023 | CA$38.8b | CA$13.1b | CA$2.1b | 15.1x | 18.7x | 3x |
| Sat, 28 Oct 2023 | CA$36.8b | CA$13.1b | CA$2.3b | 13.3x | 15.8x | 2.8x |
| Mon, 25 Sep 2023 | CA$37.5b | CA$12.8b | CA$2.3b | 15.3x | 16.6x | 2.9x |
| Wed, 23 Aug 2023 | CA$39.5b | CA$12.8b | CA$2.3b | 16.1x | 17.5x | 3.1x |
| Fri, 21 Jul 2023 | CA$41.5b | CA$12.4b | CA$2.2b | 17.2x | 18.8x | 3.4x |
| Sun, 18 Jun 2023 | CA$41.1b | CA$12.2b | CA$2.2b | 16.7x | 18.6x | 3.4x |
| Tue, 16 May 2023 | CA$39.7b | CA$12.4b | CA$2.2b | 16.6x | 17.7x | 3.2x |
| Thu, 13 Apr 2023 | CA$36.9b | CA$12.0b | CA$2.2b | 16.1x | 16.6x | 3.1x |
| Sat, 11 Mar 2023 | CA$35.7b | CA$12.3b | CA$2.3b | 17.4x | 15.7x | 2.9x |
| Mon, 06 Feb 2023 | CA$37.7b | CA$11.7b | CA$2.2b | 17x | 17.3x | 3.2x |
| Wed, 04 Jan 2023 | CA$36.3b | CA$11.9b | CA$2.2b | 15.8x | 16.4x | 3.1x |
| Fri, 02 Dec 2022 | CA$36.7b | CA$11.7b | CA$2.2b | 16.1x | 16.7x | 3.1x |
| Sun, 30 Oct 2022 | CA$32.7b | CA$11.5b | CA$2.0b | 14.3x | 16.7x | 2.9x |
| Tue, 27 Sep 2022 | CA$32.6b | CA$11.5b | CA$2.0b | 14.4x | 16.6x | 2.8x |
| Thu, 25 Aug 2022 | CA$32.3b | CA$11.0b | CA$1.9b | 15.3x | 17.3x | 2.9x |
| Sat, 23 Jul 2022 | CA$29.0b | CA$10.5b | CA$1.9b | 15.2x | 15.3x | 2.8x |
| Mon, 20 Jun 2022 | CA$25.6b | CA$10.5b | CA$1.9b | 14.1x | 13.4x | 2.4x |
| Wed, 18 May 2022 | CA$28.4b | CA$10.4b | CA$1.9b | 15x | 15.1x | 2.7x |
| Fri, 15 Apr 2022 | CA$32.1b | CA$9.9b | CA$1.8b | 19x | 17.6x | 3.3x |
| Sun, 13 Mar 2022 | CA$29.9b | CA$10.0b | CA$1.8b | 19.8x | 16.3x | 3x |
| Tue, 08 Feb 2022 | CA$30.4b | CA$9.5b | CA$1.6b | 17.1x | 18.7x | 3.2x |
| Thu, 06 Jan 2022 | CA$33.0b | CA$9.5b | CA$1.6b | 18x | 20.2x | 3.5x |
| Sat, 04 Dec 2021 | CA$32.1b | CA$9.6b | CA$1.6b | 17.5x | 19.5x | 3.4x |
| Mon, 01 Nov 2021 | CA$33.7b | CA$9.5b | CA$1.5b | 18.5x | 22.8x | 3.6x |
| Wed, 29 Sep 2021 | CA$38.1b | CA$9.4b | CA$1.4b | 21.1x | 27.6x | 4x |
| Fri, 27 Aug 2021 | CA$38.4b | CA$9.3b | CA$1.4b | 21.7x | 28.4x | 4.1x |
| Sat, 03 Jul 2021 | CA$38.2b | CA$9.3b | CA$1.4b | 21.7x | 28.2x | 4.1x |
Price to Earnings Ratio
28.2x
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 13.1x which is lower than its 3-year average PE of 18.5x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 10% 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 | -2.19% | |
| Consumer Discretionary | -2.45% | |
| Hospitality | -2.82% | |
| Leisure Facilities | 3.01% | |
| Casinos and Gaming | 1.25% | |
| Hotels, Resorts and Cruise Lines | 0% | |
| Restaurants | -3.05% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.0%, which is lower than the prior year's growth of 64.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 30% over the next 5 years.
- However this is lower than its past earnings growth rate of 65% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 7.3% 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 | |
|---|---|---|---|---|---|
| PBL Pollard Banknote | CA$32.21 | 2.1% +CA$17.6m | 28.1% | PE26x | |
| TWC TWC Enterprises | CA$18.50 | 3.5% +CA$15.4m | 1.6% | PE15x | |
| GH Gamehost | CA$10.49 | 1.7% +CA$3.8m | 14.5% | PE10.5x | |
| FANS FansUnite Entertainment | CA$0.04 | 14.3% +CA$1.8m | -33.3% | PS0.6x | |
| BPF.UN Boston Pizza Royalties Income Fund | CA$16.12 | 0.5% +CA$1.7m | -0.3% | PE10.9x |
