Narrative Update • Jun 01

Over the last 7 days, the Luxury industry has dropped 4.4%, driven by Gildan Activewear declining 4.5%. Meanwhile, Mene actually outperformed within the industry, gaining 8.6% in the last week. Over the past 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 28% annually.
Has the Canadian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | CA$16.4b | CA$7.4b | CA$386.8m | 35.5x | 42.5x | 2.2x |
| Tue, 05 May 2026 | CA$17.2b | CA$7.2b | CA$370.3m | 44.1x | 46.4x | 2.4x |
| Thu, 02 Apr 2026 | CA$16.0b | CA$6.6b | CA$570.3m | 44x | 28.1x | 2.4x |
| Sat, 28 Feb 2026 | CA$19.3b | CA$6.5b | CA$560.7m | 34.8x | 34.4x | 3x |
| Mon, 26 Jan 2026 | CA$15.5b | CA$6.1b | CA$677.3m | 49.6x | 22.9x | 2.5x |
| Wed, 24 Dec 2025 | CA$14.8b | CA$6.1b | CA$677.1m | 47.2x | 21.8x | 2.4x |
| Fri, 21 Nov 2025 | CA$13.5b | CA$6.3b | CA$694.9m | 23.3x | 19.5x | 2.2x |
| Sun, 19 Oct 2025 | CA$14.6b | CA$6.2b | CA$726.5m | 38.1x | 20.1x | 2.4x |
| Tue, 16 Sep 2025 | CA$13.1b | CA$6.1b | CA$714.7m | 32.1x | 18.3x | 2.1x |
| Thu, 14 Aug 2025 | CA$11.7b | CA$6.1b | CA$714.6m | 23.6x | 16.4x | 1.9x |
| Sat, 12 Jul 2025 | CA$12.3b | CA$6.0b | CA$646.7m | 19.1x | 19x | 2.1x |
| Mon, 09 Jun 2025 | CA$11.5b | CA$6.0b | CA$648.0m | 17.8x | 17.8x | 1.9x |
| Wed, 07 May 2025 | CA$11.2b | CA$6.0b | CA$629.0m | 17.4x | 17.8x | 1.9x |
| Fri, 04 Apr 2025 | CA$11.1b | CA$6.1b | CA$633.1m | 15.8x | 17.6x | 1.8x |
| Sun, 02 Mar 2025 | CA$13.4b | CA$6.2b | CA$645.0m | 20.1x | 20.8x | 2.2x |
| Tue, 28 Jan 2025 | CA$12.9b | CA$6.1b | CA$662.3m | 21.1x | 19.4x | 2.1x |
| Thu, 26 Dec 2024 | CA$11.9b | CA$6.1b | CA$661.8m | 19.6x | 18x | 1.9x |
| Sat, 23 Nov 2024 | CA$12.0b | CA$6.0b | CA$640.2m | 19.1x | 18.8x | 2x |
| Mon, 21 Oct 2024 | CA$11.9b | CA$5.9b | CA$625.8m | 21x | 19x | 2x |
| Wed, 18 Sep 2024 | CA$11.4b | CA$5.8b | CA$617.1m | 19.9x | 18.4x | 1.9x |
| Fri, 16 Aug 2024 | CA$10.8b | CA$5.9b | CA$621.6m | 19.5x | 17.3x | 1.8x |
| Sun, 14 Jul 2024 | CA$10.8b | CA$5.8b | CA$746.8m | 21.2x | 14.4x | 1.9x |
| Tue, 11 Jun 2024 | CA$10.8b | CA$5.9b | CA$753.4m | 21.6x | 14.3x | 1.8x |
| Thu, 09 May 2024 | CA$9.3b | CA$5.8b | CA$742.7m | 20.4x | 12.6x | 1.6x |
| Sat, 06 Apr 2024 | CA$9.9b | CA$5.8b | CA$761.2m | 20.4x | 13x | 1.7x |
| Mon, 04 Mar 2024 | CA$9.9b | CA$5.7b | CA$762.2m | 35.8x | 12.9x | 1.7x |
| Wed, 31 Jan 2024 | CA$9.4b | CA$5.6b | CA$663.8m | 29.8x | 14.2x | 1.7x |
| Fri, 29 Dec 2023 | CA$9.1b | CA$5.5b | CA$662.0m | 29.5x | 13.8x | 1.6x |
| Sun, 26 Nov 2023 | CA$10.1b | CA$5.7b | CA$680.8m | 27x | 14.8x | 1.8x |
| Tue, 24 Oct 2023 | CA$8.7b | CA$5.7b | CA$718.4m | 31.4x | 12.1x | 1.5x |
| Thu, 21 Sep 2023 | CA$8.9b | CA$5.6b | CA$704.0m | 38.3x | 12.6x | 1.6x |
| Sat, 19 Aug 2023 | CA$9.5b | CA$5.6b | CA$707.7m | 39.7x | 13.5x | 1.7x |
| Mon, 17 Jul 2023 | CA$9.9b | CA$5.6b | CA$715.8m | 33x | 13.9x | 1.8x |
| Wed, 14 Jun 2023 | CA$9.6b | CA$5.6b | CA$722.6m | 31.5x | 13.3x | 1.7x |
13.3x
Which industries have driven the changes within the Canadian Consumer Discretionary industry?
| CA Market | -1.18% | |
| Consumer Discretionary | 0.21% | |
| Luxury | -4.39% | |
| Footwear | 0% | 0 |
| Textiles | 0% | 0 |
| Apparel, Accessories and Luxury Goods | -4.39% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MENE Mene | CA$0.19 | 8.6% +CA$3.9m | 35.7% | PE20.4x |