Narrative Update • Jun 30

Over the last 7 days, the Luxury industry has dropped 2.8%, driven by Gildan Activewear declining 2.9%. In contrast, Mene has gained 18%. Over the past 12 months, the industry was up 3.8%. As for the next few years, earnings are expected to grow by 29% per annum.
Has the Canadian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | CA$15.0b | CA$7.5b | CA$393.4m | 37.3x | 38.2x | 2x |
| Wed, 03 Jun 2026 | CA$16.7b | CA$7.3b | CA$384.5m | 40.4x | 43.5x | 2.3x |
| Fri, 01 May 2026 | CA$16.0b | CA$6.5b | CA$559.4m | 36.9x | 28.5x | 2.4x |
| Sun, 29 Mar 2026 | CA$15.6b | CA$6.6b | CA$570.2m | 43.3x | 27.4x | 2.4x |
| Tue, 24 Feb 2026 | CA$19.9b | CA$6.2b | CA$674.3m | 32.6x | 29.5x | 3.2x |
| Thu, 22 Jan 2026 | CA$14.8b | CA$6.2b | CA$683.7m | 50.7x | 21.7x | 2.4x |
| Sat, 20 Dec 2025 | CA$15.1b | CA$6.2b | CA$682.2m | 48.6x | 22.2x | 2.5x |
| Mon, 17 Nov 2025 | CA$14.2b | CA$6.2b | CA$691.4m | 23.3x | 20.5x | 2.3x |
| Wed, 15 Oct 2025 | CA$14.3b | CA$6.2b | CA$728.0m | 39x | 19.6x | 2.3x |
| Fri, 12 Sep 2025 | CA$13.3b | CA$6.1b | CA$717.7m | 34.4x | 18.5x | 2.2x |
| Sun, 10 Aug 2025 | CA$12.2b | CA$6.1b | CA$712.1m | 24.1x | 17.1x | 2x |
| Tue, 08 Jul 2025 | CA$12.1b | CA$6.0b | CA$646.8m | 18.9x | 18.7x | 2x |
| Thu, 05 Jun 2025 | CA$11.3b | CA$6.0b | CA$647.4m | 17.8x | 17.4x | 1.9x |
| Sat, 03 May 2025 | CA$10.8b | CA$6.0b | CA$630.2m | 17.6x | 17.2x | 1.8x |
| Mon, 31 Mar 2025 | CA$11.0b | CA$6.1b | CA$639.0m | 16.4x | 17.2x | 1.8x |
| Wed, 26 Feb 2025 | CA$13.4b | CA$6.1b | CA$638.9m | 20.6x | 21x | 2.2x |
| Fri, 24 Jan 2025 | CA$12.8b | CA$6.1b | CA$662.4m | 20.7x | 19.3x | 2.1x |
| Sun, 22 Dec 2024 | CA$11.9b | CA$6.1b | CA$662.2m | 19.6x | 17.9x | 1.9x |
| Tue, 19 Nov 2024 | CA$11.9b | CA$6.0b | CA$644.9m | 18.9x | 18.4x | 2x |
| Thu, 17 Oct 2024 | CA$11.8b | CA$5.9b | CA$623.5m | 20.8x | 19x | 2x |
| Sat, 14 Sep 2024 | CA$11.3b | CA$5.8b | CA$616.8m | 19.8x | 18.4x | 1.9x |
| Mon, 12 Aug 2024 | CA$10.8b | CA$5.9b | CA$621.5m | 19.1x | 17.3x | 1.8x |
| Wed, 10 Jul 2024 | CA$10.7b | CA$5.8b | CA$746.7m | 20.6x | 14.3x | 1.8x |
| Fri, 07 Jun 2024 | CA$10.8b | CA$5.8b | CA$748.7m | 21.8x | 14.4x | 1.9x |
| Sun, 05 May 2024 | CA$9.3b | CA$5.8b | CA$740.1m | 20.3x | 12.5x | 1.6x |
| Tue, 02 Apr 2024 | CA$10.2b | CA$5.8b | CA$763.0m | 32.1x | 13.4x | 1.8x |
| Thu, 29 Feb 2024 | CA$9.8b | CA$5.8b | CA$763.0m | 35.1x | 12.9x | 1.7x |
| Sat, 27 Jan 2024 | CA$9.2b | CA$5.6b | CA$666.0m | 29.2x | 13.8x | 1.6x |
| Mon, 25 Dec 2023 | CA$9.1b | CA$5.5b | CA$663.4m | 29.2x | 13.7x | 1.6x |
| Wed, 22 Nov 2023 | CA$10.1b | CA$5.7b | CA$685.0m | 27.4x | 14.7x | 1.8x |
| Fri, 20 Oct 2023 | CA$8.8b | CA$5.7b | CA$719.5m | 31.5x | 12.2x | 1.6x |
| Sun, 17 Sep 2023 | CA$9.1b | CA$5.6b | CA$706.6m | 40.5x | 12.9x | 1.6x |
| Tue, 15 Aug 2023 | CA$9.7b | CA$5.6b | CA$705.0m | 41.5x | 13.8x | 1.7x |
| Thu, 13 Jul 2023 | CA$10.2b | CA$5.6b | CA$713.8m | 33.9x | 14.3x | 1.8x |
14.3x
Which industries have driven the changes within the Canadian Consumer Discretionary industry?
| CA Market | 0.99% | |
| Consumer Discretionary | -1.57% | |
| Luxury | -2.82% | |
| Footwear | 0% | 0 |
| Textiles | 0% | 0 |
| Apparel, Accessories and Luxury Goods | -2.82% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MENE Mene | CA$0.20 | 17.6% +CA$7.8m | 33.3% | PE21.5x |