Alimentation Couche-Tard (TSE:ATD.B) Is Increasing Its Dividend To CA$0.11
The board of Alimentation Couche-Tard Inc. ( TSE:ATD.B ) has announced that it will be increasing its dividend on the...
Has the Canadian Consumer Staples Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||CA$168.1b||CA$265.9b||CA$6.9b||17.7x|
|Thu, 28 Oct 2021||CA$165.7b||CA$257.6b||CA$7.0b||14.6x|
|Sat, 25 Sep 2021||CA$168.0b||CA$261.7b||CA$7.0b||15.1x|
|Mon, 23 Aug 2021||CA$175.2b||CA$257.9b||CA$7.1b||16.4x|
|Sat, 10 Jul 2021||CA$161.0b||CA$252.4b||CA$7.0b||15.9x|
|Fri, 02 Apr 2021||CA$153.5b||CA$248.7b||CA$6.8b||20.2x|
|Mon, 04 Jan 2021||CA$147.4b||CA$252.1b||CA$7.5b||16.4x|
|Thu, 08 Oct 2020||CA$152.5b||CA$253.5b||CA$7.1b||16.1x|
|Wed, 01 Jul 2020||CA$141.3b||CA$260.3b||CA$5.8b||16.4x|
|Sat, 04 Apr 2020||CA$129.3b||CA$258.6b||CA$6.0b||14x|
|Tue, 07 Jan 2020||CA$142.5b||CA$254.0b||CA$5.0b||20.4x|
|Mon, 30 Sep 2019||CA$150.5b||CA$253.8b||CA$4.0b||21.2x|
|Thu, 04 Jul 2019||CA$142.7b||CA$255.5b||CA$4.8b||22.6x|
|Sun, 07 Apr 2019||CA$140.8b||CA$252.8b||CA$4.8b||23.4x|
|Wed, 09 Jan 2019||CA$126.2b||CA$248.0b||CA$5.1b||21.3x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Staples industry have grown 5.5% per year over the last three years, and revenues for these companies have grown 2.5% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Canadian Consumer Staples sector?
|Food and Staples Retail||-2.70%|
Industry PE: Investors are most optimistic about the Personal Products industry which is trading above its 3-year average PE ratio of 21.6x. This is likely because analysts are expecting annual earnings growth of 43%, which is higher than its past year's earnings growth of 13% per year. Meanwhile, investors are most pessimistic about the Food industry, which is trading below its 3-year average of 17.4x.
Forecasted Growth: Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 233% over the next 5 years. Meanwhile, the Food and Staples Retail industry is expected to see its earnings grow by 8.7% per year over the next few years.
Which companies have driven the market over the last 7 days?
Maple Leaf Foods
Premium Brands Holdings
TAAT Global Alternatives