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Canadian (TSX) Food Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies22
  • 7D2.6%
  • 3M5.7%
  • 1Y38.4%
  • YTD39.6%

Over the last 7 days, the Food industry has risen 2.6%, driven by gains from Saputo of 4.5%. This takes the industry's 12 month performance to a gain of 38%. As for the next few years, earnings are expected to grow by 33% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025CA$28.5bCA$39.5bCA$479.0m12.1x59.4x0.7x
Thu, 13 Nov 2025CA$26.3bCA$39.4bCA$498.8m12.4x52.8x0.7x
Sat, 11 Oct 2025CA$25.2bCA$38.8bCA$437.7m12.7x57.6x0.7x
Mon, 08 Sep 2025CA$26.0bCA$37.0bCA$339.6m12.4x76.5x0.7x
Wed, 06 Aug 2025CA$22.3bCA$36.5bCA$241.1m14.3x92.6x0.6x
Fri, 04 Jul 2025CA$21.7bCA$36.5bCA$240.5m14.7x90.3x0.6x
Sun, 01 Jun 2025CA$21.1bCA$36.3bCA$272.2m12.3x77.6x0.6x
Tue, 29 Apr 2025CA$20.6bCA$35.8bCA$274.3m14.6x75.3x0.6x
Thu, 27 Mar 2025CA$20.7bCA$35.7bCA$268.7m12.9x76.9x0.6x
Sat, 22 Feb 2025CA$19.9bCA$35.6bCA$183.4m12.8x108.4x0.6x
Mon, 20 Jan 2025CA$18.7bCA$34.9bCA$577.2m24.6x32.4x0.5x
Wed, 18 Dec 2024CA$20.0bCA$34.9bCA$573.1m35.7x34.8x0.6x
Fri, 15 Nov 2024CA$20.1bCA$34.8bCA$572.2m26x35.2x0.6x
Sun, 13 Oct 2024CA$21.8bCA$34.3bCA$569.4m15.7x38.3x0.6x
Tue, 10 Sep 2024CA$21.8bCA$34.2bCA$567.4m15.2x38.4x0.6x
Thu, 08 Aug 2024CA$22.6bCA$33.7bCA$499.8m11.1x45.2x0.7x
Sat, 06 Jul 2024CA$22.7bCA$33.8bCA$493.0m11.1x46x0.7x
Mon, 03 Jun 2024CA$20.9bCA$33.8bCA$556.9m10x37.5x0.6x
Wed, 01 May 2024CA$20.6bCA$33.8bCA$436.9m11.2x47.1x0.6x
Fri, 29 Mar 2024CA$20.4bCA$33.8bCA$428.4m13.4x47.7x0.6x
Sun, 25 Feb 2024CA$21.1bCA$33.8bCA$438.9m13.3x48x0.6x
Tue, 23 Jan 2024CA$21.6bCA$34.1bCA$677.6m15.7x31.9x0.6x
Thu, 21 Dec 2023CA$20.9bCA$34.1bCA$652.1m14.6x32x0.6x
Sat, 18 Nov 2023CA$21.0bCA$1.7tCA$67.0b18x0.3x0.01x
Mon, 16 Oct 2023CA$21.2bCA$34.2bCA$348.5m27.7x60.9x0.6x
Wed, 13 Sep 2023CA$22.7bCA$34.2bCA$321.2m40.1x70.5x0.7x
Fri, 11 Aug 2023CA$23.0bCA$34.2bCA$335.8m19.1x68.4x0.7x
Sun, 09 Jul 2023CA$22.0bCA$34.1bCA$341.9m26x64.3x0.6x
Tue, 06 Jun 2023CA$24.9bCA$33.6bCA$236.9m29.6x105.2x0.7x
Thu, 04 May 2023CA$24.4bCA$33.3bCA$316.1m13x77.3x0.7x
Sat, 01 Apr 2023CA$24.7bCA$33.2bCA$302.3m10.9x81.6x0.7x
Mon, 27 Feb 2023CA$25.6bCA$32.8bCA$334.4m8.4x76.6x0.8x
Wed, 25 Jan 2023CA$24.1bCA$32.0bCA$224.1m10.8x107.6x0.8x
Fri, 23 Dec 2022CA$22.8bCA$32.1bCA$232.1m9.3x98.3x0.7x
Price to Earnings Ratio

98.3x


Total Market Cap: CA$22.8bTotal Earnings: CA$232.1mTotal Revenue: CA$32.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 61.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 62.0x.
  • 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 27% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market0.76%
Consumer Staples-1.60%
Food2.64%
Packaged Foods and Meats2.64%
Agricultural Products2.59%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 59.8x.
    • Analysts are expecting annual earnings growth of 32.5%, which is higher than its past year's earnings growth of 16.9% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 27.9x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 33% 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$40.784.5%
+CA$702.7m		58.1%PS0.9x
LAS.A Lassonde IndustriesCA$221.441.4%
+CA$20.7m		25.8%PE12.3x
RSI Rogers SugarCA$6.022.0%
+CA$15.4m		-0.3%PE12x
HLF High Liner FoodsCA$14.132.2%
+CA$8.6m		-9.9%PE8.6x
FRSH Fresh Factory B.CCA$1.227.0%
+CA$4.4m		43.5%PS1.1x

Latest News

LAS.A
CA$221.44
Lassonde Industries
7D
1.4%
1Y
25.8%

LAS.A: Domestic Buy Canadian Momentum Will Drive Stronger 2025 Performance

Narrative Update on Lassonde Industries Analysts have maintained their price target for Lassonde Industries at approximately $268 per share. This reflects unchanged assumptions around the discount rate, revenue growth, profit margins, and future valuation multiples, despite recent model refinements.
ESBL
CA$0.15
Eshbal Functional Food
7D
-6.3%
1Y
n/a

Why We're Not Concerned Yet About Eshbal Functional Food Inc.'s (CVE:ESBL) 29% Share Price Plunge

Dec 12
Why We're Not Concerned Yet About Eshbal Functional Food Inc.'s (CVE:ESBL) 29% Share Price Plunge
PBH
CA$96.22
Premium Brands Holdings
7D
-3.4%
1Y
21.7%

Premium Brands Holdings (TSE:PBH) Is Due To Pay A Dividend Of CA$0.85

Dec 12
Premium Brands Holdings (TSE:PBH) Is Due To Pay A Dividend Of CA$0.85
MFI
CA$25.68
Maple Leaf Foods
7D
-1.6%
1Y
19.3%
HLF
CA$14.13
High Liner Foods
7D
2.2%
1Y
-9.9%

HLF: Late Q4 USDA Contract Volume Is Expected To Drive Upside

Analysts have modestly trimmed their price target on High Liner Foods to C$18.27 from C$18.27 as they balance near term caution following softer Q3 results and lower volume assumptions with expectations that a new USDA contract and a transition back to revenue growth could support improving performance over time. Analyst Commentary Analyst opinions on High Liner Foods have become more balanced, with some focusing on the potential for renewed growth and others emphasizing execution risks and near term headwinds.
SAP
CA$40.78
Saputo
7D
4.5%
1Y
58.1%

SAP: Outperform Ratings And Buybacks Will Shape Future Risk Reward Balance

Analysts have nudged our Saputo price target higher to C$38.32 from C$37.86, as modestly stronger long term revenue growth and margin expectations, reflected in recent target increases across the Street, support a slightly richer fair value multiple. Analyst Commentary Bullish analysts have recently revised their models to reflect a healthier balance of volume growth and pricing power, citing improving visibility on Saputo's margin recovery and cash flow generation.
FRSH
CA$1.22
Fresh Factory B.C
7D
7.0%
1Y
43.5%

We're Keeping An Eye On Fresh Factory B.C's (CVE:FRSH) Cash Burn Rate

Dec 02
We're Keeping An Eye On Fresh Factory B.C's (CVE:FRSH) Cash Burn Rate
RSI
CA$6.02
Rogers Sugar
7D
2.0%
1Y
-0.3%

Rogers Sugar (TSE:RSI) Is Paying Out A Dividend Of CA$0.09

Dec 01
Rogers Sugar (TSE:RSI) Is Paying Out A Dividend Of CA$0.09
BOIL
CA$3.03
Beyond Oil
7D
-5.3%
1Y
99.3%
IRO
CA$1.05
Inter-Rock Minerals
7D
4.0%
1Y
23.5%

Slowing Rates Of Return At Inter-Rock Minerals (CVE:IRO) Leave Little Room For Excitement

Nov 26
Slowing Rates Of Return At Inter-Rock Minerals (CVE:IRO) Leave Little Room For Excitement
SWP
CA$4.38
Swiss Water Decaffeinated Coffee
7D
-2.7%
1Y
12.0%
CPKR
CA$15.47
Canada Packers
7D
-0.3%
1Y
n/a
MEAT
CA$0.09
Modern Plant Based Foods
7D
12.5%
1Y
-64.0%
NPRA
CA$0.14
Nepra Foods
7D
-3.6%
1Y
28.6%
PNGA
CA$0.28
Pangea Wellness
7D
-22.2%
1Y
55.6%