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Canadian (TSX) Food Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies27
  • 7D-2.3%
  • 3M-2.3%
  • 1Y-15.8%
  • YTD-4.0%

Over the last 7 days, the Food industry has dropped 2.3%, driven by Saputo declining 4.1%. The industry has fallen 16% in the last year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

Has the Canadian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$20.1bCA$33.7bCA$417.7m13.2x48.2x0.6x
Tue, 13 Feb 2024CA$21.2bCA$33.8bCA$406.6m13.5x52x0.6x
Thu, 11 Jan 2024CA$20.8bCA$34.1bCA$677.3m15.3x30.7x0.6x
Sat, 09 Dec 2023CA$20.5bCA$34.2bCA$653.6m14.7x31.3x0.6x
Mon, 06 Nov 2023CA$21.6bCA$34.3bCA$579.3m27.9x37.4x0.6x
Wed, 04 Oct 2023CA$21.5bCA$34.2bCA$348.6m27.6x61.8x0.6x
Fri, 01 Sep 2023CA$22.8bCA$34.2bCA$321.2m40.4x71.1x0.7x
Sun, 30 Jul 2023CA$22.1bCA$34.1bCA$342.2m26.1x64.5x0.6x
Tue, 27 Jun 2023CA$22.1bCA$34.1bCA$353.9m25.6x62.5x0.6x
Thu, 25 May 2023CA$24.9bCA$33.6bCA$227.3m30x109.7x0.7x
Sat, 22 Apr 2023CA$25.1bCA$33.2bCA$283.5m11.1x88.6x0.8x
Mon, 20 Mar 2023CA$23.6bCA$33.2bCA$302.1m10.6x78.2x0.7x
Wed, 15 Feb 2023CA$25.3bCA$32.7bCA$323.0m10x78.2x0.8x
Fri, 13 Jan 2023CA$24.3bCA$32.0bCA$224.1m10.2x108.4x0.8x
Sun, 11 Dec 2022CA$23.0bCA$32.0bCA$230.8m9.5x99.7x0.7x
Tue, 08 Nov 2022CA$22.0bCA$31.0bCA$485.5m11.4x45.2x0.7x
Thu, 06 Oct 2022CA$22.1bCA$30.8bCA$493.5m12.6x44.7x0.7x
Sat, 03 Sep 2022CA$23.4bCA$30.7bCA$486.5m12.7x48.1x0.8x
Mon, 01 Aug 2022CA$23.9bCA$29.3bCA$400.4m12.8x59.7x0.8x
Wed, 29 Jun 2022CA$22.1bCA$29.3bCA$412.9m13.1x53.5x0.8x
Fri, 27 May 2022CA$21.2bCA$28.7bCA$514.3m13.1x41.3x0.7x
Sun, 24 Apr 2022CA$24.0bCA$28.2bCA$575.4m23.1x41.7x0.9x
Tue, 22 Mar 2022CA$25.1bCA$28.5bCA$554.4m12.9x45.2x0.9x
Thu, 17 Feb 2022CA$26.2bCA$28.2bCA$585.8m12.7x44.8x0.9x
Sat, 15 Jan 2022CA$25.7bCA$29.1bCA$656.3m13.7x39.1x0.9x
Mon, 13 Dec 2021CA$26.3bCA$29.1bCA$659.3m13.2x39.9x0.9x
Wed, 10 Nov 2021CA$28.2bCA$29.0bCA$679.1m20.8x41.6x1x
Fri, 08 Oct 2021CA$28.2bCA$28.6bCA$757.2m18.4x37.2x1x
Sun, 05 Sep 2021CA$29.8bCA$28.6bCA$764.3m18.3x39x1x
Tue, 03 Aug 2021CA$29.5bCA$28.6bCA$764.3m17.2x38.6x1x
Fri, 07 May 2021CA$31.3bCA$28.1bCA$882.6m20.6x35.5x1.1x
Price to Earnings Ratio

36x


Total Market Cap: CA$31.2bTotal Earnings: CA$867.0mTotal Revenue: CA$28.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 54.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Food 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 48.2x which is lower than its 3-year average PE of 54.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Consumer Staples industry?

CA Market0.45%
Consumer Staples0.33%
Food-2.30%
Agricultural Products-0.097%
Packaged Foods and Meats-2.31%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 50.1x.
    • Analysts are expecting annual earnings growth of 28.0%, which is higher than its past year's earnings decline of 37.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 28% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MFI Maple Leaf FoodsCA$23.442.0%
+CA$56.4m
-2.3%PS0.6x
BABY Else Nutrition HoldingsCA$0.3230.6%
+CA$10.6m
-64.0%PS4.8x
MOOO Bettermoo(d) FoodCA$3.7318.0%
+CA$4.9m
-11.2%PS869x
SWP Swiss Water Decaffeinated CoffeeCA$3.3015.4%
+CA$4.1m
20.0%PS0.2x
OGO Organto FoodsCA$0.10122.2%
+CA$1.7m
-92.0%PS0.1x
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Latest News

PBH

CA$88.40

Premium Brands Holdings

7D

-1.1%

1Y

-3.4%

SAP

CA$25.80

Saputo

7D

-4.1%

1Y

-24.1%

SWP

CA$3.30

Swiss Water Decaffeinated Coffee

7D

15.4%

1Y

20.0%

LAS.A

CA$149.00

Lassonde Industries

7D

-1.3%

1Y

34.2%

RSI

CA$5.25

Rogers Sugar

7D

-0.9%

1Y

-13.5%

OGO

CA$0.10

Organto Foods

7D

122.2%

1Y

-92.0%

MOOO

CA$3.73

Bettermoo(d) Food

7D

18.0%

1Y

-11.2%

MFI

CA$23.44

Maple Leaf Foods

7D

2.0%

1Y

-2.3%

HLF

CA$12.78

High Liner Foods

7D

-2.5%

1Y

-8.7%

HBFG

CA$0.36

Happy Belly Food Group

7D

-8.8%

1Y

128.1%

MYLK

CA$0.07

Planting Hope

7D

-33.3%

1Y

-87.7%

IGP

CA$0.24

Imperial Ginseng Products

7D

69.0%

1Y

-80.4%

BABY

CA$0.32

Else Nutrition Holdings

7D

30.6%

1Y

-64.0%

MILK

CA$0.04

Plant Veda Foods

7D

60.0%

1Y

-50.0%