Canadian (TSX) Specialized Finance Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies9
- 7D-1.4%
- 3M4.8%
- 1Y19.7%
- YTD7.5%
Over the last 7 days, the Specialized Finance industry has dropped 1.4%, driven by a pullback from Element Fleet Management of 2.1%. In contrast, ECN Capital has gained 7.5%. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Canadian Specialized Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | CA$9.1b | CA$2.6b | CA$399.4m | 70.3x | 22.8x | 3.6x |
| Sat, 06 May 2023 | CA$8.1b | CA$2.5b | CA$409.5m | 44.6x | 19.7x | 3.2x |
| Mon, 03 Apr 2023 | CA$8.1b | CA$2.5b | CA$419.2m | 35.4x | 19.4x | 3.3x |
| Wed, 01 Mar 2023 | CA$8.9b | CA$2.5b | CA$428.1m | 20.5x | 20.8x | 3.5x |
| Fri, 27 Jan 2023 | CA$8.7b | CA$2.5b | CA$420.2m | 13.7x | 20.6x | 3.4x |
| Sun, 25 Dec 2022 | CA$8.5b | CA$2.5b | CA$420.4m | 13.6x | 20.1x | 3.4x |
| Tue, 22 Nov 2022 | CA$8.6b | CA$2.5b | CA$420.3m | 13.5x | 20.5x | 3.4x |
| Thu, 20 Oct 2022 | CA$8.5b | CA$2.4b | CA$387.9m | 13.7x | 21.8x | 3.5x |
| Sat, 17 Sep 2022 | CA$8.4b | CA$2.4b | CA$387.7m | 13.4x | 21.7x | 3.4x |
| Mon, 15 Aug 2022 | CA$9.1b | CA$2.4b | CA$391.9m | 14.1x | 23.3x | 3.7x |
| Wed, 13 Jul 2022 | CA$7.4b | CA$2.3b | CA$347.3m | 9x | 21.3x | 3.2x |
| Fri, 10 Jun 2022 | CA$7.7b | CA$2.3b | CA$351.0m | 7.7x | 21.9x | 3.3x |
| Sun, 08 May 2022 | CA$6.5b | CA$2.3b | CA$345.9m | 7.5x | 18.9x | 2.9x |
| Tue, 05 Apr 2022 | CA$7.2b | CA$2.3b | CA$348.3m | 8.1x | 20.6x | 3.1x |
| Thu, 03 Mar 2022 | CA$7.2b | CA$2.4b | CA$361.6m | 12.9x | 19.9x | 3x |
| Sat, 29 Jan 2022 | CA$7.0b | CA$2.4b | CA$363.2m | 11.2x | 19.2x | 2.9x |
| Mon, 27 Dec 2021 | CA$7.3b | CA$2.4b | CA$363.1m | 12.3x | 20.2x | 3x |
| Wed, 24 Nov 2021 | CA$8.7b | CA$2.4b | CA$363.5m | 11.9x | 23.9x | 3.6x |
| Fri, 22 Oct 2021 | CA$9.0b | CA$2.6b | CA$350.2m | 14.7x | 25.7x | 3.5x |
| Sun, 19 Sep 2021 | CA$8.9b | CA$2.6b | CA$351.3m | 14.4x | 25.2x | 3.4x |
| Tue, 17 Aug 2021 | CA$8.9b | CA$2.6b | CA$350.4m | 14.8x | 25.4x | 3.5x |
| Tue, 01 Jun 2021 | CA$8.6b | CA$2.6b | CA$308.9m | 17.9x | 27.8x | 3.3x |
| Fri, 05 Mar 2021 | CA$8.0b | CA$2.5b | CA$252.2m | 93.4x | 31.8x | 3.1x |
| Mon, 07 Dec 2020 | CA$7.8b | CA$2.6b | CA$70.3m | 81.6x | 110.6x | 3x |
| Thu, 10 Sep 2020 | CA$6.4b | CA$2.5b | CA$58.1m | 48.7x | 110.7x | 2.6x |
Price to Earnings Ratio
99.9x
Current Industry PE
- Investors are pessimistic on the Canadian Specialized Finance 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 22.8x which is lower than its 3-year average PE of 37.4x.
- The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Specialized Finance industry have grown 90% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Canadian Specialized Finance compare with similar industries?
| CA Market | 2.01% | |
| Financials | 1.79% | |
| Diversified Financial | -1.41% | |
| Specialized Finance | -1.36% | |
| Other Diversified Financial Services | 0% | |
| Multi-Sector Holdings | 0% | |
| Transaction and Payment Processing Services | -3.01% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ECN ECN Capital | CA$3.17 | 7.5% +CA$54.1m | -52.7% | PS3.8x |