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Canadian (TSX) Food Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies22
  • 7D-0.6%
  • 3M2.4%
  • 1Y41.3%
  • YTD1.6%

Over the last 7 days, the Food industry has dropped 1.6%, driven by a pullback from Premium Brands Holdings of 5.6%. This takes the industry's 12 month performance to a gain of 41%. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026CA$31.1bCA$41.4bCA$1.0b11.1x30.2x0.8x
Fri, 27 Feb 2026CA$30.6bCA$39.3bCA$1.3b13.4x24.5x0.8x
Sun, 25 Jan 2026CA$29.7bCA$39.5bCA$481.2m12.3x61.7x0.8x
Tue, 23 Dec 2025CA$28.7bCA$39.5bCA$479.0m12x59.9x0.7x
Thu, 20 Nov 2025CA$27.3bCA$39.4bCA$488.7m12.4x55.8x0.7x
Sat, 18 Oct 2025CA$25.7bCA$38.9bCA$457.0m12.1x56.1x0.7x
Mon, 15 Sep 2025CA$25.8bCA$37.0bCA$337.5m12.8x76.4x0.7x
Wed, 13 Aug 2025CA$24.6bCA$37.0bCA$308.0m18.1x79.9x0.7x
Fri, 11 Jul 2025CA$22.1bCA$36.5bCA$240.9m14x91.6x0.6x
Sun, 08 Jun 2025CA$20.9bCA$36.5bCA$256.1m12.1x81.6x0.6x
Tue, 06 May 2025CA$20.4bCA$35.8bCA$273.3m15.5x74.6x0.6x
Thu, 03 Apr 2025CA$20.4bCA$35.9bCA$276.3m12.6x73.7x0.6x
Sat, 01 Mar 2025CA$20.5bCA$35.7bCA$246.9m12.6x83.1x0.6x
Mon, 27 Jan 2025CA$19.1bCA$34.9bCA$576.5m25x33.1x0.5x
Wed, 25 Dec 2024CA$19.5bCA$34.9bCA$572.4m25x34.1x0.6x
Fri, 22 Nov 2024CA$20.1bCA$34.8bCA$568.5m25.5x35.4x0.6x
Sun, 20 Oct 2024CA$21.6bCA$34.3bCA$570.5m15.6x37.8x0.6x
Tue, 17 Sep 2024CA$21.9bCA$34.2bCA$567.6m15.6x38.5x0.6x
Thu, 15 Aug 2024CA$22.1bCA$34.3bCA$569.0m14.9x38.8x0.6x
Sat, 13 Jul 2024CA$23.0bCA$33.8bCA$493.0m10.9x46.8x0.7x
Mon, 10 Jun 2024CA$21.9bCA$33.9bCA$494.7m10.4x44.3x0.6x
Wed, 08 May 2024CA$20.4bCA$33.8bCA$546.0m11.1x37.4x0.6x
Fri, 05 Apr 2024CA$20.4bCA$33.8bCA$432.6m13.2x47.1x0.6x
Sun, 03 Mar 2024CA$20.7bCA$33.8bCA$432.2m13.9x47.8x0.6x
Tue, 30 Jan 2024CA$21.5bCA$34.1bCA$677.4m15.7x31.8x0.6x
Thu, 28 Dec 2023CA$20.6bCA$34.1bCA$662.2m15x31.1x0.6x
Sat, 25 Nov 2023CA$20.6bCA$34.1bCA$592.8m17.8x34.8x0.6x
Mon, 23 Oct 2023CA$20.5bCA$34.3bCA$348.6m27x58.9x0.6x
Wed, 20 Sep 2023CA$22.2bCA$34.2bCA$319.0m39.5x69.5x0.6x
Fri, 18 Aug 2023CA$22.4bCA$34.2bCA$318.0m18.8x70.3x0.7x
Sun, 16 Jul 2023CA$22.4bCA$34.1bCA$341.8m26.6x65.6x0.7x
Tue, 13 Jun 2023CA$22.8bCA$34.1bCA$354.8m25.8x64.3x0.7x
Thu, 11 May 2023CA$24.8bCA$33.2bCA$315.2m12.6x78.7x0.7x
Sat, 08 Apr 2023CA$25.0bCA$33.2bCA$290.8m12.2x86.1x0.8x
Price to Earnings Ratio

86.1x


Total Market Cap: CA$25.0bTotal Earnings: CA$290.8mTotal Revenue: CA$33.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Industry Price to Earnings3Y Average 57.3x202420252026
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 30.1x which is lower than its 3-year average PE of 57.3x.
  • 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 52% per year over the last three years.
  • Revenues for these companies have grown 7.6% 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 Market2.38%
Consumer Staples1.14%
Food-0.60%
Packaged Foods and Meats-0.59%
Agricultural Products-6.24%
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 56.5x.
    • Analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings growth of 10.9% 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 11% 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
LAS.A Lassonde IndustriesCA$227.513.2%
+CA$47.8m		6.8%PE10.4x
MFI Maple Leaf FoodsCA$30.000.9%
+CA$34.9m		19.3%PE85x
SAP SaputoCA$43.460.05%
+CA$8.1m		72.3%PE27.4x
OGO Organto FoodsCA$0.803.9%
+CA$5.7m		433.3%PS2.9x
AGTF AGT Food and IngredientsCA$19.140.4%
+CA$5.4m		n/aPS0.4x

Latest News

SAP
CA$43.46
Saputo
7D
0.05%
1Y
72.3%
GRF
CA$0.20
Green Rise Foods
7D
-20.0%
1Y
-57.9%
LAS.A
CA$227.51
Lassonde Industries
7D
3.2%
1Y
6.8%

LAS.A: 2026 Sales Ambition And Dividend Policy Will Support Stronger Confidence

Analysts have reaffirmed their CA$270.75 price target for Lassonde Industries, with only small tweaks to revenue growth, profit margin, and future P/E assumptions supporting an unchanged fair value view. What's in the News Lassonde issued sales guidance for 2026, preparing its outlook around consumer financial health, inflation, global geopolitical tension, energy and supply chain risks, and potential trade policy shifts, including the scheduled 2026 joint review of the United States, Mexico, Canada Agreement and possible tariffs or trade restrictions (Key Developments).
MFI
CA$30.00
Maple Leaf Foods
7D
0.9%
1Y
19.3%

MFI: Future P/E Repricing Will Hinge On 2030 Free Cash Flow Execution

Analysts have nudged the implied fair value for Maple Leaf Foods higher to about CA$35.75 from CA$35.50, reflecting recent price target increases across the Street following investor day commentary on growth and free cash flow potential. Analyst Commentary Street research around Maple Leaf Foods has turned more constructive following the recent investor day, with several firms adjusting ratings and price targets to reflect updated views on growth and free cash flow potential.
AGTF
CA$19.14
AGT Food and Ingredients
7D
0.4%
1Y
n/a
HLF
CA$14.83
High Liner Foods
7D
-0.8%
1Y
-13.0%

HLF: New Convenience Meals Will Support Future Upside Potential

Analysts now see a slightly lower fair value for High Liner Foods, trimming the implied CA$ price target from about CA$18.68 to roughly CA$18.50 as they modestly adjust assumptions for the discount rate, long term revenue growth, profit margin and future P/E expectations. What's in the News High Liner Foods introduced a new line of Sea Cuisine Skillet Meals at Seafood Expo North America, aimed at consumers looking for complete frozen meal options with minimal prep time (Key Developments).
SWP
CA$4.63
Swiss Water Decaffeinated Coffee
7D
-7.8%
1Y
42.0%

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Mar 24
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PBH
CA$82.13
Premium Brands Holdings
7D
-5.6%
1Y
6.2%

PBH: Future Margin Delivery Will Rely On 2026 Revenue Guidance Assumptions

The analyst price target for Premium Brands Holdings has shifted lower to CA$100 from CA$111, reflecting Street analysts' mixed revisions to their CA$-denominated targets as they recalibrate fair value assumptions and earnings expectations. Analyst Commentary Recent Street research on Premium Brands Holdings shows a series of lower CA$-denominated price targets, with multiple bearish analysts trimming their estimates and only one making a small upward adjustment.
RSI
CA$6.69
Rogers Sugar
7D
-0.7%
1Y
23.2%
MOOO.X
CA$0.35
Bettermoo(d) Food
7D
29.6%
1Y
-68.2%
OGO
CA$0.80
Organto Foods
7D
3.9%
1Y
433.3%
BOIL
CA$2.89
Beyond Oil
7D
-2.4%
1Y
-25.1%
PLCN
CA$0.12
Cannibble Food-Tech
7D
71.4%
1Y
300.0%
NPRA
CA$0.12
Nepra Foods
7D
14.3%
1Y
-4.0%
CPKR
CA$20.17
Canada Packers
7D
-1.6%
1Y
n/a
FRSH
CA$0.80
Fresh Factory B.C
7D
-8.0%
1Y
-11.1%