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Canadian (TSX) Food Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies22
  • 7D1.9%
  • 3M6.0%
  • 1Y49.6%
  • YTD2.6%

In the last week, the Food industry is up 1.9%, with Saputo up 2.0%. This means that the industry has gained 50% over the past year. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026CA$31.5bCA$41.4bCA$1.0b11x30.6x0.8x
Thu, 05 Mar 2026CA$32.2bCA$42.5bCA$1.2b13.4x26x0.8x
Sat, 31 Jan 2026CA$29.3bCA$39.5bCA$481.1m12.3x60.9x0.7x
Mon, 29 Dec 2025CA$28.6bCA$39.5bCA$480.9m11.9x59.6x0.7x
Wed, 26 Nov 2025CA$27.7bCA$39.5bCA$483.1m12x57.4x0.7x
Fri, 24 Oct 2025CA$26.6bCA$38.9bCA$456.9m12.2x58.1x0.7x
Sun, 21 Sep 2025CA$25.6bCA$37.0bCA$337.3m13.8x75.9x0.7x
Tue, 19 Aug 2025CA$25.1bCA$37.0bCA$319.3m18.5x78.7x0.7x
Thu, 17 Jul 2025CA$21.8bCA$36.5bCA$241.0m13.7x90.7x0.6x
Sat, 14 Jun 2025CA$21.6bCA$36.5bCA$242.2m12.3x89.3x0.6x
Mon, 12 May 2025CA$21.0bCA$36.3bCA$269.5m12.8x78x0.6x
Wed, 09 Apr 2025CA$19.4bCA$35.9bCA$275.9m12.1x70.3x0.5x
Fri, 07 Mar 2025CA$20.3bCA$35.6bCA$247.0m12.6x82.1x0.6x
Sun, 02 Feb 2025CA$19.3bCA$34.9bCA$577.2m24.6x33.4x0.6x
Tue, 31 Dec 2024CA$19.4bCA$34.9bCA$576.6m24.7x33.7x0.6x
Thu, 28 Nov 2024CA$20.0bCA$34.8bCA$568.9m34.8x35.2x0.6x
Sat, 26 Oct 2024CA$20.9bCA$34.3bCA$570.8m15.3x36.7x0.6x
Mon, 23 Sep 2024CA$22.0bCA$34.2bCA$567.4m15.7x38.8x0.6x
Wed, 21 Aug 2024CA$22.0bCA$34.2bCA$569.7m15x38.6x0.6x
Fri, 19 Jul 2024CA$23.2bCA$33.8bCA$493.2m11.7x47x0.7x
Sun, 16 Jun 2024CA$21.6bCA$33.8bCA$494.6m10.6x43.8x0.6x
Tue, 14 May 2024CA$21.1bCA$33.8bCA$555.7m10.8x38x0.6x
Thu, 11 Apr 2024CA$20.5bCA$33.8bCA$432.9m13.1x47.5x0.6x
Sat, 09 Mar 2024CA$20.6bCA$33.8bCA$431.7m13.4x47.7x0.6x
Mon, 05 Feb 2024CA$21.7bCA$34.1bCA$676.9m16.1x32.1x0.6x
Wed, 03 Jan 2024CA$20.8bCA$34.1bCA$662.4m15.2x31.5x0.6x
Fri, 01 Dec 2023CA$20.1bCA$34.1bCA$596.2m17.6x33.7x0.6x
Sun, 29 Oct 2023CA$20.8bCA$34.3bCA$348.9m26.6x59.6x0.6x
Tue, 26 Sep 2023CA$21.7bCA$34.2bCA$319.0m37.7x68x0.6x
Thu, 24 Aug 2023CA$22.3bCA$34.2bCA$317.7m29.5x70.3x0.7x
Sat, 22 Jul 2023CA$22.4bCA$34.1bCA$341.8m26.4x65.5x0.7x
Mon, 19 Jun 2023CA$22.9bCA$34.1bCA$354.1m26x64.6x0.7x
Wed, 17 May 2023CA$25.2bCA$33.5bCA$227.7m22.7x110.5x0.7x
Fri, 14 Apr 2023CA$24.6bCA$33.2bCA$282.7m11.5x87.2x0.7x
Price to Earnings Ratio

87.2x


Total Market Cap: CA$24.6bTotal Earnings: CA$282.7mTotal Revenue: CA$33.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 57x202420252026
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 30.6x which is lower than its 3-year average PE of 57.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 54% per year over the last three years.
  • Revenues for these companies have grown 7.6% 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 Staples industry?

CA Market3.67%
Consumer Staples1.79%
Food1.87%
Agricultural Products8.26%
Packaged Foods and Meats1.87%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 56.3x.
    • Analysts are expecting annual earnings growth of 32.3%, which is higher than its past year's earnings growth of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 32% 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
SAP SaputoCA$43.872.0%
+CA$334.0m		82.1%PE27.6x
PBH Premium Brands HoldingsCA$84.233.6%
+CA$153.4m		11.4%PE108.1x
MFI Maple Leaf FoodsCA$29.972.7%
+CA$93.3m		27.3%PE84.8x
AGTF AGT Food and IngredientsCA$19.241.4%
+CA$17.6m		n/aPS0.4x
NPRA Nepra FoodsCA$0.23100.0%
+CA$14.5m		100.0%n/a

Latest News

PBH
CA$84.23
Premium Brands Holdings
7D
3.6%
1Y
11.4%

PBH: 2026 Revenue Guidance Will Support Stronger Earnings Resilience

Premium Brands Holdings' fair value estimate has shifted to CA$120.27 from CA$127.18, as analysts factor in softer revenue growth and profit margin assumptions alongside a higher P/E. This is in line with recent mixed price target moves across the Street that ranged from a CA$1 increase to cuts of CA$3 to CA$20.
SAP
CA$43.87
Saputo
7D
2.0%
1Y
82.1%

SAP: Higher Margin Assumptions And Ongoing Buybacks Will Shape Forward Risk Balance

Analysts have lifted the fair value estimate for Saputo from CA$44.64 to CA$46.40. This aligns with a series of recent price target increases from multiple Canadian banks that point to updated expectations around profitability and valuation multiples.
HLF
CA$14.07
High Liner Foods
7D
-3.8%
1Y
-14.5%
MFI
CA$29.97
Maple Leaf Foods
7D
2.7%
1Y
27.3%
CPKR
CA$19.91
Canada Packers
7D
-2.1%
1Y
n/a
AGTF
CA$19.24
AGT Food and Ingredients
7D
1.4%
1Y
n/a

GLP 1 Driven Shift Toward Better For You Foods Will Reshape Future Earnings Profile

Catalysts About AGT Food and Ingredients AGT Food and Ingredients produces and distributes pasta, pulses and other packaged staple and better-for-you foods through an integrated global supply chain. What are the underlying business or industry changes driving this perspective?
LAS.A
CA$231.17
Lassonde Industries
7D
-1.6%
1Y
15.6%

LAS.A: 2026 Sales Ambition And Dividend Policy Will Support Stronger Confidence

Analysts have reaffirmed their CA$270.75 price target for Lassonde Industries, with only small tweaks to revenue growth, profit margin, and future P/E assumptions supporting an unchanged fair value view. What's in the News Lassonde issued sales guidance for 2026, preparing its outlook around consumer financial health, inflation, global geopolitical tension, energy and supply chain risks, and potential trade policy shifts, including the scheduled 2026 joint review of the United States, Mexico, Canada Agreement and possible tariffs or trade restrictions (Key Developments).
IRO
CA$1.00
Inter-Rock Minerals
7D
-9.9%
1Y
25.0%
OGO
CA$0.83
Organto Foods
7D
6.4%
1Y
403.0%
BOIL
CA$2.80
Beyond Oil
7D
-5.1%
1Y
-16.7%
TRIP
CA$0.025
Red Light Holland
7D
42.9%
1Y
-16.7%
NPRA
CA$0.23
Nepra Foods
7D
100.0%
1Y
100.0%
BPC
CA$0.36
Precision Peptide
7D
5.9%
1Y
60.0%
FRSH
CA$0.76
Fresh Factory B.C
7D
-5.0%
1Y
-5.0%
GOP.H
CA$0.005
Gourmet Ocean Products
7D
-50.0%
1Y
0%