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Canadian (TSX) Food Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies25
  • 7D2.4%
  • 3M-5.9%
  • 1Y-18.6%
  • YTD-2.8%

The Food industry is up 4.2% in the last week, with Saputo up 5.0%. However, the industry is down 17% over the past year. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024CA$20.4bCA$33.8bCA$435.8m11.2x46.7x0.6x
Sun, 24 Mar 2024CA$20.2bCA$33.8bCA$428.4m13.6x47.2x0.6x
Tue, 20 Feb 2024CA$21.5bCA$33.8bCA$406.7m13.8x52.9x0.6x
Thu, 18 Jan 2024CA$21.4bCA$34.1bCA$677.7m15.6x31.6x0.6x
Sat, 16 Dec 2023CA$20.7bCA$34.1bCA$652.1m14.9x31.8x0.6x
Mon, 13 Nov 2023CA$21.0bCA$34.1bCA$583.9m27.1x35.9x0.6x
Wed, 11 Oct 2023CA$21.5bCA$34.2bCA$348.4m28x61.7x0.6x
Fri, 08 Sep 2023CA$22.5bCA$34.3bCA$321.5m39.7x69.9x0.7x
Sun, 06 Aug 2023CA$22.8bCA$34.2bCA$344.1m26.5x66.1x0.7x
Tue, 04 Jul 2023CA$22.5bCA$34.1bCA$359.9m26.3x62.6x0.7x
Thu, 01 Jun 2023CA$24.6bCA$33.6bCA$239.4m29.6x102.7x0.7x
Sat, 29 Apr 2023CA$24.9bCA$33.2bCA$281.0m12.3x88.7x0.7x
Mon, 27 Mar 2023CA$23.9bCA$33.2bCA$302.1m11.1x79x0.7x
Wed, 22 Feb 2023CA$25.3bCA$32.8bCA$325.5m10x77.8x0.8x
Fri, 20 Jan 2023CA$24.4bCA$32.0bCA$224.5m10.7x108.8x0.8x
Sun, 18 Dec 2022CA$23.0bCA$32.1bCA$232.2m9.2x99.2x0.7x
Tue, 15 Nov 2022CA$23.0bCA$32.0bCA$256.5m10.2x89.7x0.7x
Thu, 13 Oct 2022CA$21.8bCA$30.8bCA$493.6m12.5x44.1x0.7x
Sat, 10 Sep 2022CA$24.2bCA$30.7bCA$486.4m12.9x49.8x0.8x
Mon, 08 Aug 2022CA$24.1bCA$30.5bCA$459.8m12.3x52.3x0.8x
Wed, 06 Jul 2022CA$22.6bCA$29.4bCA$409.8m13.1x55.1x0.8x
Fri, 03 Jun 2022CA$21.5bCA$28.7bCA$470.5m13.2x45.7x0.7x
Sun, 01 May 2022CA$22.6bCA$28.2bCA$577.4m23.1x39.1x0.8x
Tue, 29 Mar 2022CA$23.8bCA$28.1bCA$562.3m12.8x42.4x0.8x
Thu, 24 Feb 2022CA$26.2bCA$28.2bCA$583.2m12.6x45x0.9x
Sat, 22 Jan 2022CA$24.7bCA$29.1bCA$656.1m13.4x37.7x0.9x
Mon, 20 Dec 2021CA$26.1bCA$29.1bCA$659.2m13.2x39.6x0.9x
Wed, 17 Nov 2021CA$28.1bCA$29.0bCA$674.3m20.7x41.7x1x
Fri, 15 Oct 2021CA$28.0bCA$28.6bCA$757.6m18.6x37x1x
Sun, 12 Sep 2021CA$29.5bCA$28.6bCA$757.7m18.3x38.9x1x
Tue, 10 Aug 2021CA$30.0bCA$28.6bCA$764.3m17.7x39.2x1x
Mon, 03 May 2021CA$31.3bCA$28.1bCA$882.6m20.6x35.5x1.1x
Price to Earnings Ratio

35.5x


Total Market Cap: CA$31.3bTotal Earnings: CA$882.6mTotal Revenue: CA$28.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 54.9x202220232024
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 47.4x which is lower than its 3-year average PE of 54.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.3% 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 Market0.71%
Consumer Staples2.62%
Food2.40%
Agricultural Products19.84%
Packaged Foods and Meats2.37%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 50.5x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 23% 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 23% 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$26.282.9%
+CA$309.7m		-24.8%PE33.6x
PBH Premium Brands HoldingsCA$89.343.2%
+CA$124.4m		-11.5%PE42.1x
MFI Maple Leaf FoodsCA$23.741.5%
+CA$44.2m		-13.4%PS0.6x
OPTI Optimi HealthCA$0.3534.6%
+CA$8.0m		45.8%PS130.7x
HLF High Liner FoodsCA$13.160.7%
+CA$3.0m		-10.7%PE10x
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Latest News

HBFG

CA$0.38

Happy Belly Food Group

7D

0%

1Y

150.0%

CULT

CA$0.095

Cult Food Science

7D

90.0%

1Y

-75.0%

PBH

CA$89.34

Premium Brands Holdings

7D

3.2%

1Y

-11.5%

Is Premium Brands Holdings Corporation (TSE:PBH) Potentially Undervalued?

Apr 17
Is Premium Brands Holdings Corporation (TSE:PBH) Potentially Undervalued?

BITE

CA$1.49

Blender Bites

7D

-3.9%

1Y

-66.9%

BABY

CA$0.27

Else Nutrition Holdings

7D

3.9%

1Y

-62.7%

MFI

CA$23.74

Maple Leaf Foods

7D

1.5%

1Y

-13.4%

OPTI

CA$0.35

Optimi Health

7D

34.6%

1Y

45.8%

SAP

CA$26.28

Saputo

7D

2.9%

1Y

-24.8%

Saputo (TSE:SAP) Might Be Having Difficulty Using Its Capital Effectively

Apr 13
Saputo (TSE:SAP) Might Be Having Difficulty Using Its Capital Effectively

MOOO

CA$2.07

Bettermoo(d) Food

7D

-13.8%

1Y

-51.9%

BCBC

CA$0.04

BC Bud

7D

-20.0%

1Y

-68.0%

HLF

CA$13.16

High Liner Foods

7D

0.7%

1Y

-10.7%

LAS.A

CA$143.82

Lassonde Industries

7D

-0.9%

1Y

46.3%

NGRB

CA$0.16

Nextgen Food Robotics

7D

-17.9%

1Y

-48.4%

BOIL

CA$0.72

Beyond Oil

7D

5.9%

1Y

18.0%

FRSH

CA$0.66

Fresh Factory B.C

7D

-17.5%

1Y

-17.5%

The Fresh Factory B.C. Ltd.'s (CVE:FRSH) Price In Tune With Revenues

Feb 15
The Fresh Factory B.C. Ltd.'s (CVE:FRSH) Price In Tune With Revenues

IGP

CA$0.07

Imperial Ginseng Products

7D

-48.1%

1Y

-94.4%