Header cover image

Canadian (TSX) Food Industry Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
Companies33
  • 7D-1.9%
  • 3M-11.5%
  • 1Y-13.0%
  • YTD-12.9%

Over the last 7 days, the Food industry has dropped 1.9%, driven by a pullback from Premium Brands Holdings of 3.1%. Meanwhile, CubicFarm Systems actually outperformed within the industry, gaining 25% in the last week. The industry has fallen 13% in the last year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023CA$20.3bCA$34.1bCA$653.5m14.8x31.1x0.6x
Tue, 31 Oct 2023CA$21.2bCA$34.3bCA$348.8m24.9x60.6x0.6x
Thu, 28 Sep 2023CA$21.5bCA$34.2bCA$320.7m37x67x0.6x
Sat, 26 Aug 2023CA$22.7bCA$34.2bCA$318.0m29.9x71.5x0.7x
Mon, 24 Jul 2023CA$22.4bCA$34.1bCA$341.8m26.4x65.5x0.7x
Wed, 21 Jun 2023CA$22.7bCA$34.1bCA$354.2m25.9x64.2x0.7x
Fri, 19 May 2023CA$25.4bCA$33.6bCA$226.7m30.5x112.2x0.8x
Sun, 16 Apr 2023CA$24.9bCA$33.2bCA$282.8m11.7x88x0.7x
Tue, 14 Mar 2023CA$23.4bCA$32.9bCA$309.6m8x75.5x0.7x
Thu, 09 Feb 2023CA$24.7bCA$32.0bCA$232.9m10.5x106.1x0.8x
Sat, 07 Jan 2023CA$23.6bCA$32.0bCA$225.3m10.1x104.8x0.7x
Mon, 05 Dec 2022CA$23.1bCA$32.0bCA$230.2m9.8x100.2x0.7x
Wed, 02 Nov 2022CA$22.6bCA$30.8bCA$489.4m12.1x46.2x0.7x
Fri, 30 Sep 2022CA$22.6bCA$30.8bCA$486.4m12.7x46.4x0.7x
Sun, 28 Aug 2022CA$23.8bCA$30.7bCA$481.0m12.9x49.4x0.8x
Tue, 26 Jul 2022CA$23.5bCA$29.3bCA$407.3m13.6x57.8x0.8x
Thu, 23 Jun 2022CA$21.5bCA$29.3bCA$412.9m12.9x52x0.7x
Sat, 21 May 2022CA$21.1bCA$28.7bCA$515.3m12.9x40.9x0.7x
Mon, 18 Apr 2022CA$23.9bCA$28.2bCA$575.5m23.5x41.5x0.8x
Wed, 16 Mar 2022CA$24.2bCA$28.5bCA$554.9m12.8x43.5x0.8x
Fri, 11 Feb 2022CA$25.9bCA$29.1bCA$651.9m13.1x39.7x0.9x
Sun, 09 Jan 2022CA$26.3bCA$29.1bCA$659.4m13.6x39.8x0.9x
Tue, 07 Dec 2021CA$25.9bCA$29.1bCA$658.5m13.6x39.3x0.9x
Thu, 04 Nov 2021CA$27.2bCA$28.6bCA$761.6m18.5x35.8x1x
Sat, 02 Oct 2021CA$28.0bCA$28.7bCA$756.9m17.9x37x1x
Mon, 30 Aug 2021CA$29.8bCA$28.6bCA$764.3m18.3x39x1x
Tue, 06 Jul 2021CA$30.3bCA$28.6bCA$757.4m17.7x40x1.1x
Fri, 09 Apr 2021CA$31.2bCA$28.2bCA$867.0m20.8x36x1.1x
Thu, 31 Dec 2020CA$28.3bCA$28.1bCA$824.0m20.2x34.3x1x
Price to Earnings Ratio

35.9x


Total Market Cap: CA$28.3bTotal Earnings: CA$786.7mTotal Revenue: CA$28.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 54.7x202120222023
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 31.1x 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 0.84x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 6.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.9% 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 Market1.40%
Consumer Staples-2.38%
Food-1.88%
Packaged Foods and Meats-1.87%
Agricultural Products-4.97%
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 50.0x.
    • Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings decline of 28.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 18% 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
CUB CubicFarm SystemsCA$0.02525.0%
+CA$1.3m		-73.7%PS1.6x
NGRB Nextgen Food RoboticsCA$0.1713.3%
+CA$1.0m		13.3%PS32.6x
HOTD Sensible MeatsCA$0.07525.0%
+CA$784.5k		n/an/a
OGO Organto FoodsCA$0.377.2%
+CA$714.2k		-71.5%PS0.4x
BGA BioNeutra GlobalCA$0.05537.5%
+CA$700.5k		266.7%PS0.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

RSI

CA$5.44

Rogers Sugar

7D

-1.4%

1Y

-9.0%

PBH

CA$88.90

Premium Brands Holdings

7D

-3.1%

1Y

4.6%

GFCO

CA$0.19

Good Flour

7D

-24.0%

1Y

-50.0%

OGO

CA$0.37

Organto Foods

7D

7.2%

1Y

-71.5%

MFI

CA$24.57

Maple Leaf Foods

7D

-2.2%

1Y

-3.2%

OPTI

CA$0.17

Optimi Health

7D

3.0%

1Y

-42.4%

BGA

CA$0.055

BioNeutra Global

7D

37.5%

1Y

266.7%

BABY

CA$0.28

Else Nutrition Holdings

7D

-14.9%

1Y

-44.1%

LAS.A

CA$134.00

Lassonde Industries

7D

-8.2%

1Y

24.7%

GRF

CA$0.47

Green Rise Foods

7D

-14.5%

1Y

-28.8%

SAP

CA$26.46

Saputo

7D

-0.8%

1Y

-20.8%

SWP

CA$2.78

Swiss Water Decaffeinated Coffee

7D

2.6%

1Y

5.7%

NGRB

CA$0.17

Nextgen Food Robotics

7D

13.3%

1Y

13.3%

BOIL

CA$0.49

Beyond Oil

7D

1.0%

1Y

-31.0%

CUB

CA$0.025

CubicFarm Systems

7D

25.0%

1Y

-73.7%

HOTD

CA$0.075

Sensible Meats

7D

25.0%

1Y

n/a