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Canadian (TSX) Food Industry Analysis

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies24
  • 7D-3.3%
  • 3M-11.3%
  • 1Y-5.4%
  • YTD-6.9%

Over the last 7 days, the Food industry has dropped 3.3%, driven by a pullback from Saputo of 3.6%. Meanwhile, Happy Belly Food Group actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 5.4% in 12 months. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$19.6bCA$34.9bCA$573.6m35.3x34.1x0.6x
Mon, 18 Nov 2024CA$20.3bCA$34.8bCA$568.9m25.7x35.7x0.6x
Wed, 16 Oct 2024CA$21.4bCA$34.3bCA$569.5m15.6x37.6x0.6x
Fri, 13 Sep 2024CA$21.9bCA$34.2bCA$567.5m15.4x38.6x0.6x
Sun, 11 Aug 2024CA$22.2bCA$34.2bCA$568.2m15.2x39.1x0.6x
Tue, 09 Jul 2024CA$22.6bCA$33.8bCA$493.0m11x45.9x0.7x
Thu, 06 Jun 2024CA$21.2bCA$33.8bCA$558.4m10.3x37.9x0.6x
Sat, 04 May 2024CA$20.4bCA$33.8bCA$545.9m11.1x37.4x0.6x
Mon, 01 Apr 2024CA$20.4bCA$33.8bCA$432.1m13.4x47.1x0.6x
Wed, 28 Feb 2024CA$21.0bCA$33.8bCA$432.6m13.5x48.5x0.6x
Fri, 26 Jan 2024CA$21.6bCA$34.1bCA$677.6m15.7x31.9x0.6x
Sun, 24 Dec 2023CA$20.6bCA$34.1bCA$662.3m14.9x31.1x0.6x
Tue, 21 Nov 2023CA$20.9bCA$34.1bCA$592.9m18x35.3x0.6x
Thu, 19 Oct 2023CA$21.0bCA$34.3bCA$348.7m27.5x60.2x0.6x
Sat, 16 Sep 2023CA$22.4bCA$34.2bCA$319.1m40.5x70.1x0.7x
Mon, 14 Aug 2023CA$23.0bCA$34.1bCA$337.8m19.2x68.2x0.7x
Wed, 12 Jul 2023CA$21.9bCA$34.1bCA$341.8m25.9x64.2x0.6x
Fri, 09 Jun 2023CA$24.8bCA$33.6bCA$232.7m30.5x106.5x0.7x
Sun, 07 May 2023CA$24.5bCA$33.2bCA$315.3m12.9x77.8x0.7x
Tue, 04 Apr 2023CA$24.5bCA$33.2bCA$301.9m11x81.2x0.7x
Thu, 02 Mar 2023CA$25.6bCA$32.8bCA$348.9m8.7x73.3x0.8x
Sat, 28 Jan 2023CA$24.5bCA$32.0bCA$218.9m10.6x112.1x0.8x
Mon, 26 Dec 2022CA$22.8bCA$32.0bCA$231.8m9.5x98.3x0.7x
Wed, 23 Nov 2022CA$23.3bCA$32.0bCA$284.1m9.8x82.1x0.7x
Fri, 21 Oct 2022CA$21.7bCA$30.8bCA$486.8m12.6x44.6x0.7x
Sun, 18 Sep 2022CA$24.0bCA$30.7bCA$486.8m12.6x49.4x0.8x
Tue, 16 Aug 2022CA$24.0bCA$30.7bCA$468.5m13.4x51.3x0.8x
Thu, 14 Jul 2022CA$23.2bCA$29.4bCA$409.8m13.2x56.6x0.8x
Sat, 11 Jun 2022CA$21.7bCA$28.7bCA$475.9m13.2x45.6x0.8x
Mon, 09 May 2022CA$22.1bCA$28.5bCA$545.4m12.8x40.6x0.8x
Wed, 06 Apr 2022CA$24.0bCA$28.2bCA$575.1m24.1x41.7x0.9x
Fri, 04 Mar 2022CA$25.2bCA$28.2bCA$540.4m12.7x46.6x0.9x
Sun, 30 Jan 2022CA$25.4bCA$29.1bCA$651.6m13.4x38.9x0.9x
Tue, 28 Dec 2021CA$26.4bCA$29.1bCA$659.2m13.3x40x0.9x
Price to Earnings Ratio

40x


Total Market Cap: CA$26.4bTotal Earnings: CA$659.2mTotal Revenue: CA$29.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 55.2x202220232024
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 34.1x which is lower than its 3-year average PE of 55.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 4.5% 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 Market-3.68%
Consumer Staples-2.15%
Food-3.28%
Agricultural Products-1.86%
Packaged Foods and Meats-3.29%
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 28.1%, which is higher than its past year's earnings growth of 6.3% 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 growth rate of 6.3% 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
HBFG Happy Belly Food GroupCA$1.1811.3%
+CA$14.5m		436.4%PS18x
BCBC BC BudCA$0.1017.6%
+CA$1.5m		300.0%PB196x
GFCO Good FlourCA$0.0912.5%
+CA$874.3k		-55.0%PS5.7x
BITE Blender BitesCA$0.484.3%
+CA$218.4k		-70.9%PS1x
ULTA Ultra BrandsCA$0.02566.7%
+CA$184.9k		400.0%PE-1.1x
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Latest News

RSI

CA$5.97

Rogers Sugar

7D

-1.0%

1Y

12.0%

Rogers Sugar's (TSE:RSI) Dividend Will Be CA$0.09

Dec 20
Rogers Sugar's (TSE:RSI) Dividend Will Be CA$0.09

HBFG

CA$1.18

Happy Belly Food Group

7D

11.3%

1Y

436.4%

SAP

CA$25.20

Saputo

7D

-3.6%

1Y

-4.6%

Return Trends At Saputo (TSE:SAP) Aren't Appealing

Dec 12
Return Trends At Saputo (TSE:SAP) Aren't Appealing

BOIL

CA$1.48

Beyond Oil

7D

-4.5%

1Y

221.7%

HLF

CA$15.62

High Liner Foods

7D

-1.4%

1Y

44.0%

MFI

CA$20.51

Maple Leaf Foods

7D

-7.6%

1Y

-17.8%

PBH

CA$78.89

Premium Brands Holdings

7D

-0.8%

1Y

-15.5%

Premium Brands Holdings (TSE:PBH) Has A Somewhat Strained Balance Sheet

Nov 27
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ULTA

CA$0.025

Ultra Brands

7D

66.7%

1Y

400.0%

BCBC

CA$0.10

BC Bud

7D

17.6%

1Y

300.0%

LAS.A

CA$173.01

Lassonde Industries

7D

-1.5%

1Y

26.3%

GFCO

CA$0.09

Good Flour

7D

12.5%

1Y

-55.0%

MOOO

CA$0.45

Bettermoo(d) Food

7D

-25.8%

1Y

-73.5%

BITE

CA$0.48

Blender Bites

7D

4.3%

1Y

-70.9%