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Canadian (TSX) Food Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies25
  • 7D-0.09%
  • 3M-8.5%
  • 1Y-1.9%
  • YTD-4.0%

The Food is pretty flat in the last 7 days, but Maple Leaf Foods has stood out, gaining 6.3%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024CA$20.3bCA$34.8bCA$568.1m25.7x35.7x0.6x
Sat, 19 Oct 2024CA$21.5bCA$34.3bCA$570.5m15.6x37.7x0.6x
Mon, 16 Sep 2024CA$21.9bCA$34.2bCA$567.6m15.6x38.5x0.6x
Wed, 14 Aug 2024CA$21.6bCA$34.3bCA$568.9m14.9x38x0.6x
Fri, 12 Jul 2024CA$22.8bCA$33.8bCA$493.0m10.8x46.3x0.7x
Sun, 09 Jun 2024CA$21.9bCA$33.9bCA$494.7m10.4x44.3x0.6x
Tue, 07 May 2024CA$20.5bCA$33.7bCA$545.8m11.2x37.6x0.6x
Thu, 04 Apr 2024CA$20.3bCA$33.8bCA$432.5m13.2x46.9x0.6x
Sat, 02 Mar 2024CA$20.8bCA$33.8bCA$432.3m13.9x48.2x0.6x
Mon, 29 Jan 2024CA$21.5bCA$34.1bCA$677.5m15.7x31.8x0.6x
Wed, 27 Dec 2023CA$20.6bCA$34.1bCA$662.3m14.9x31.1x0.6x
Fri, 24 Nov 2023CA$20.7bCA$34.1bCA$592.9m17.8x34.9x0.6x
Sun, 22 Oct 2023CA$20.5bCA$34.3bCA$348.6m27x58.9x0.6x
Tue, 19 Sep 2023CA$22.5bCA$34.2bCA$319.1m40.3x70.5x0.7x
Thu, 17 Aug 2023CA$22.4bCA$34.2bCA$317.2m18.8x70.5x0.7x
Sat, 15 Jul 2023CA$22.4bCA$34.1bCA$341.8m26.6x65.6x0.7x
Mon, 12 Jun 2023CA$23.0bCA$34.1bCA$354.7m26x65x0.7x
Wed, 10 May 2023CA$24.8bCA$33.2bCA$315.3m12.6x78.6x0.7x
Fri, 07 Apr 2023CA$25.0bCA$33.2bCA$302.2m10.4x82.8x0.8x
Sun, 05 Mar 2023CA$25.6bCA$32.8bCA$352.4m8.5x72.7x0.8x
Tue, 31 Jan 2023CA$24.7bCA$32.0bCA$219.2m10.6x112.8x0.8x
Thu, 29 Dec 2022CA$22.7bCA$32.0bCA$225.8m9.3x100.5x0.7x
Sat, 26 Nov 2022CA$23.3bCA$32.0bCA$281.8m11x82.6x0.7x
Mon, 24 Oct 2022CA$21.7bCA$30.8bCA$486.8m12.8x44.6x0.7x
Wed, 21 Sep 2022CA$23.5bCA$30.7bCA$486.9m12.8x48.3x0.8x
Fri, 19 Aug 2022CA$24.4bCA$30.7bCA$475.1m13.2x51.4x0.8x
Sun, 17 Jul 2022CA$22.6bCA$29.4bCA$399.2m13.2x56.7x0.8x
Tue, 14 Jun 2022CA$21.6bCA$29.2bCA$410.3m13.1x52.6x0.7x
Thu, 12 May 2022CA$21.1bCA$28.5bCA$545.6m13.1x38.6x0.7x
Sat, 09 Apr 2022CA$24.0bCA$28.2bCA$575.5m24.3x41.8x0.9x
Mon, 07 Mar 2022CA$25.3bCA$28.2bCA$540.6m13.1x46.8x0.9x
Wed, 02 Feb 2022CA$25.8bCA$29.1bCA$650.6m13.5x39.7x0.9x
Fri, 31 Dec 2021CA$26.2bCA$29.1bCA$659.2m13.6x39.7x0.9x
Sun, 28 Nov 2021CA$26.5bCA$29.1bCA$671.2m13.7x39.5x0.9x
Price to Earnings Ratio

39.5x


Total Market Cap: CA$26.5bTotal Earnings: CA$671.2mTotal Revenue: CA$29.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 55.4x202220232024
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 35.7x which is lower than its 3-year average PE of 55.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 5.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.1% 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 Market0.41%
Consumer Staples-3.06%
Food-0.087%
Packaged Foods and Meats-0.071%
Agricultural Products-4.62%
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 51.5x.
    • Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings growth of 15.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 27% 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$22.626.2%
+CA$162.9m
-9.7%PE82.7x
HLF High Liner FoodsCA$14.744.1%
+CA$17.3m
35.6%PE5.2x
RSI Rogers SugarCA$5.741.8%
+CA$12.8m
7.5%PE15.6x
BOIL Beyond OilCA$1.579.8%
+CA$8.4m
220.4%PS345.5x
HBFG Happy Belly Food GroupCA$0.768.6%
+CA$7.3m
289.7%PS13.4x
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Latest News

MFI

CA$22.62

Maple Leaf Foods

7D

6.2%

1Y

-9.7%

BABY

CA$0.025

Else Nutrition Holdings

7D

-28.6%

1Y

-91.8%

BCBC

CA$0.07

BC Bud

7D

16.7%

1Y

55.6%

PBH

CA$80.34

Premium Brands Holdings

7D

-1.5%

1Y

-12.6%

RSI

CA$5.74

Rogers Sugar

7D

1.8%

1Y

7.5%

SAP

CA$26.00

Saputo

7D

-0.7%

1Y

-2.8%

MOOO

CA$0.72

Bettermoo(d) Food

7D

-6.5%

1Y

-74.4%

OPTI

CA$0.20

Optimi Health

7D

-16.7%

1Y

25.0%

BOIL

CA$1.57

Beyond Oil

7D

9.8%

1Y

220.4%

BITE

CA$0.60

Blender Bites

7D

-14.3%

1Y

-70.0%

CULT

CA$0.05

Cult Food Science

7D

42.9%

1Y

-28.6%

HOTD

CA$0.08

Sensible Meats

7D

-20.0%

1Y

33.3%