Narrative Update • Jun 24
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Canadian (TSX) Food Industry Analysis
UpdatedJul 06, 2026
DataAggregated Company Financials
Companies21
- 7D-2.1%
- 3M-3.1%
- 1Y27.5%
- YTD-1.2%
Over the last 7 days, the Food industry has dropped 2.1%, driven by a pullback from Saputo of 3.3%. In contrast, Nepra Foods has gained 35%. This takes the industry's 12 month performance to a gain of 27%. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Canadian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 Jul 2026 | CA$30.3b | CA$40.1b | CA$1.0b | 12.7x | 29.5x | 0.8x |
| Wed, 03 Jun 2026 | CA$31.0b | CA$41.5b | CA$981.0m | 12.4x | 31.6x | 0.7x |
| Fri, 01 May 2026 | CA$29.9b | CA$41.4b | CA$1.0b | 10.9x | 29.1x | 0.7x |
| Sun, 29 Mar 2026 | CA$31.0b | CA$41.4b | CA$1.0b | 11.1x | 30.1x | 0.7x |
| Tue, 24 Feb 2026 | CA$30.4b | CA$39.2b | CA$1.2b | 12.9x | 24.3x | 0.8x |
| Thu, 22 Jan 2026 | CA$29.8b | CA$39.5b | CA$481.3m | 12.4x | 61.9x | 0.8x |
| Sat, 20 Dec 2025 | CA$28.9b | CA$39.5b | CA$479.0m | 12x | 60.4x | 0.7x |
| Mon, 17 Nov 2025 | CA$26.6b | CA$39.4b | CA$499.9m | 12.2x | 53.3x | 0.7x |
| Wed, 15 Oct 2025 | CA$25.6b | CA$38.9b | CA$457.1m | 12.1x | 55.9x | 0.7x |
| Fri, 12 Sep 2025 | CA$26.0b | CA$37.0b | CA$337.4m | 12.9x | 77.1x | 0.7x |
| Sun, 10 Aug 2025 | CA$24.5b | CA$37.0b | CA$308.0m | 17.9x | 79.6x | 0.7x |
| Tue, 08 Jul 2025 | CA$21.9b | CA$36.5b | CA$240.9m | 14.2x | 91x | 0.6x |
| Thu, 05 Jun 2025 | CA$21.3b | CA$36.3b | CA$273.8m | 12.2x | 77.8x | 0.6x |
| Sat, 03 May 2025 | CA$20.3b | CA$35.8b | CA$274.2m | 15.5x | 74x | 0.6x |
| Mon, 31 Mar 2025 | CA$20.1b | CA$35.9b | CA$275.0m | 12.7x | 73x | 0.6x |
| Wed, 26 Feb 2025 | CA$20.1b | CA$35.6b | CA$246.7m | 12.6x | 81.7x | 0.6x |
| Fri, 24 Jan 2025 | CA$19.0b | CA$34.9b | CA$576.7m | 24.9x | 32.9x | 0.5x |
| Sun, 22 Dec 2024 | CA$19.6b | CA$34.9b | CA$573.4m | 35.4x | 34.1x | 0.6x |
| Tue, 19 Nov 2024 | CA$20.3b | CA$34.8b | CA$568.9m | 25.9x | 35.7x | 0.6x |
| Thu, 17 Oct 2024 | CA$21.5b | CA$34.3b | CA$569.3m | 15.6x | 37.7x | 0.6x |
| Sat, 14 Sep 2024 | CA$22.1b | CA$34.2b | CA$567.6m | 15.6x | 39x | 0.6x |
| Mon, 12 Aug 2024 | CA$22.2b | CA$34.2b | CA$568.2m | 15.2x | 39.1x | 0.6x |
| Wed, 10 Jul 2024 | CA$22.5b | CA$33.8b | CA$493.0m | 10.9x | 45.6x | 0.7x |
| Fri, 07 Jun 2024 | CA$21.2b | CA$33.8b | CA$558.4m | 10.4x | 37.9x | 0.6x |
| Sun, 05 May 2024 | CA$20.4b | CA$33.8b | CA$545.9m | 11.1x | 37.4x | 0.6x |
| Tue, 02 Apr 2024 | CA$20.4b | CA$33.8b | CA$432.2m | 13.3x | 47.1x | 0.6x |
| Thu, 29 Feb 2024 | CA$21.1b | CA$33.8b | CA$432.7m | 13.5x | 48.7x | 0.6x |
| Sat, 27 Jan 2024 | CA$21.7b | CA$34.1b | CA$677.5m | 15.7x | 32x | 0.6x |
| Mon, 25 Dec 2023 | CA$20.6b | CA$34.1b | CA$662.3m | 14.9x | 31.1x | 0.6x |
| Wed, 22 Nov 2023 | CA$20.9b | CA$34.1b | CA$593.0m | 17.9x | 35.3x | 0.6x |
| Fri, 20 Oct 2023 | CA$20.8b | CA$34.3b | CA$348.6m | 27.2x | 59.5x | 0.6x |
| Sun, 17 Sep 2023 | CA$22.5b | CA$34.2b | CA$319.2m | 40.6x | 70.6x | 0.7x |
| Tue, 15 Aug 2023 | CA$22.7b | CA$34.2b | CA$308.4m | 18.9x | 73.6x | 0.7x |
| Thu, 13 Jul 2023 | CA$22.1b | CA$34.1b | CA$341.7m | 26.3x | 64.7x | 0.6x |
Price to Earnings Ratio
64.7x
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 29.5x which is lower than its 3-year average PE of 52.3x.
- 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 44% per year over the last three years.
- Revenues for these companies have grown 5.6% 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 Market | 1.35% | |
| Consumer Staples | -1.82% | |
| Food | -2.09% | |
| Agricultural Products | 0% | 0 |
| Packaged Foods and Meats | -2.09% | |
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 52.0x.
- Analysts are expecting annual earnings growth of 23.3%, which is higher than its past year's earnings growth of 0.9% per year.
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 growth rate of 0.9% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NPRA Nepra Foods | CA$0.44 | 83.3% +CA$25.2m | 319.0% | n/a | |
| LAS.A Lassonde Industries | CA$214.99 | 0.6% +CA$8.9m | 0.9% | PE9.1x | |
| RSI Rogers Sugar | CA$6.88 | 0.7% +CA$6.4m | 22.0% | PE12.7x | |
| CPKR Canada Packers | CA$19.42 | 0.7% +CA$3.9m | n/a | PE5x | |
| ESBL Eshbal Functional Food | CA$0.16 | 23.1% +CA$2.5m | -39.6% | PS0.6x |