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Canadian (TSX) Industrials Sector Analysis

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies123
  • 7D0.6%
  • 3M11.4%
  • 1Y16.2%
  • YTD9.7%

In the last week, Industrials has been flat. The past year has been better, since the industry has gained 16% in that time. Earnings are forecast to grow by 8.7% annually.

Sector Valuation and Performance

Has the Canadian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024CA$487.1bCA$164.6bCA$17.8b20x27.3x3x
Thu, 15 Feb 2024CA$464.8bCA$163.3bCA$17.3b20.1x26.9x2.8x
Sat, 13 Jan 2024CA$453.2bCA$164.8bCA$16.1b20.3x28.1x2.8x
Mon, 11 Dec 2023CA$434.7bCA$165.3bCA$16.2b18.4x26.9x2.6x
Wed, 08 Nov 2023CA$411.1bCA$161.7bCA$15.7b18.3x26.2x2.5x
Fri, 06 Oct 2023CA$409.3bCA$161.1bCA$15.8b16.3x25.9x2.5x
Sun, 03 Sep 2023CA$432.5bCA$160.9bCA$15.8b16.9x27.4x2.7x
Tue, 01 Aug 2023CA$433.0bCA$157.9bCA$14.4b18x30x2.7x
Thu, 29 Jun 2023CA$420.4bCA$157.1bCA$13.8b19x30.5x2.7x
Sat, 27 May 2023CA$419.4bCA$157.7bCA$13.7b19x30.6x2.7x
Mon, 24 Apr 2023CA$437.0bCA$153.8bCA$13.8b21x31.6x2.8x
Wed, 22 Mar 2023CA$405.1bCA$139.7bCA$12.6b20.6x32.1x2.9x
Fri, 17 Feb 2023CA$419.4bCA$151.4bCA$14.5b17.9x29x2.8x
Sun, 15 Jan 2023CA$415.4bCA$148.9bCA$12.7b16.6x32.7x2.8x
Tue, 13 Dec 2022CA$417.1bCA$149.4bCA$12.7b17.2x32.7x2.8x
Thu, 10 Nov 2022CA$390.5bCA$146.7bCA$12.9b14.2x30.2x2.7x
Sat, 08 Oct 2022CA$372.2bCA$143.8bCA$11.6b14.4x32.1x2.6x
Mon, 05 Sep 2022CA$384.1bCA$142.3bCA$11.5b16.8x33.3x2.7x
Wed, 03 Aug 2022CA$393.8bCA$138.6bCA$13.0b14.7x30.3x2.8x
Fri, 01 Jul 2022CA$361.3bCA$136.0bCA$13.2b14.2x27.4x2.7x
Sun, 29 May 2022CA$368.0bCA$138.0bCA$13.3b16.4x27.7x2.7x
Tue, 26 Apr 2022CA$388.6bCA$129.8bCA$17.9b18.6x21.7x3x
Thu, 24 Mar 2022CA$414.1bCA$129.2bCA$17.8b20.2x23.3x3.2x
Sat, 19 Feb 2022CA$391.5bCA$127.4bCA$17.4b20.6x22.5x3.1x
Mon, 17 Jan 2022CA$405.1bCA$123.9bCA$17.7b21.2x22.9x3.3x
Wed, 15 Dec 2021CA$389.7bCA$124.3bCA$18.0b18.5x21.7x3.1x
Fri, 12 Nov 2021CA$407.9bCA$124.3bCA$17.7b21x23.1x3.3x
Sun, 10 Oct 2021CA$374.8bCA$119.0bCA$17.6b19.8x21.3x3.1x
Tue, 07 Sep 2021CA$393.5bCA$119.6bCA$17.5b20.4x22.5x3.3x
Thu, 05 Aug 2021CA$371.4bCA$120.4bCA$17.5b20.1x21.2x3.1x
Sun, 09 May 2021CA$343.5bCA$112.9bCA$14.6b21.9x23.5x3x
Price to Earnings Ratio

23.8x


Total Market Cap: CA$349.8bTotal Earnings: CA$14.7bTotal Revenue: CA$112.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Industrials Sector Price to Earnings3Y Average 26.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Industrials 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 26.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 6.7% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Industrials sector?

CA Market0.24%
Industrials0.56%
Building4.38%
Trade Distributors3.49%
Industrials2.99%
Transportation1.14%
Aerospace & Defense0.95%
Construction0.41%
Airlines0.29%
Machinery-0.48%
Professional Services-0.59%
Marine and Shipping-0.80%
Commercial Services-1.12%
Infrastructure-1.49%
Electrical-2.65%
Logistics-3.29%
Industry PE
  • Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 38.9%, which is higher than its past year's earnings growth of 15.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Professional Services industry is expected to see its earnings decline by 11% 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
CNR Canadian National RailwayCA$176.051.5%
+CA$1.6b
11.7%PE20x
CP Canadian Pacific Kansas CityCA$121.600.6%
+CA$732.0m
14.9%PE28.9x
BBD.B BombardierCA$56.658.0%
+CA$410.2m
-1.3%PE8.9x
TIH Toromont IndustriesCA$128.613.8%
+CA$391.3m
19.5%PE20x
TFII TFI InternationalCA$204.602.3%
+CA$389.3m
26.8%PE25.3x
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Latest News

GFL

CA$46.08

GFL Environmental

7D

-2.0%

1Y

1.5%

TIH

CA$128.61

Toromont Industries

7D

3.8%

1Y

19.5%

CNR

CA$176.05

Canadian National Railway

7D

1.5%

1Y

11.7%

BLDP

CA$3.72

Ballard Power Systems

7D

-7.7%

1Y

-46.3%

CJT

CA$106.31

Cargojet

7D

-4.1%

1Y

0.5%

TFII

CA$204.60

TFI International

7D

2.3%

1Y

26.8%

TRI

CA$212.18

Thomson Reuters

7D

-0.6%

1Y

19.0%

CP

CA$121.60

Canadian Pacific Kansas City

7D

0.6%

1Y

14.9%

BBD.B

CA$56.65

Bombardier

7D

8.0%

1Y

-1.3%

FTT

CA$37.05

Finning International

7D

5.3%

1Y

11.3%

MDA

CA$14.02

MDA

7D

-6.0%

1Y

99.1%

STN

CA$116.02

Stantec

7D

2.8%

1Y

47.3%

WSP

CA$222.95

WSP Global

7D

-0.4%

1Y

29.1%

EFN

CA$22.13

Element Fleet Management

7D

-0.9%

1Y

20.7%

AC

CA$18.35

Air Canada

7D

3.7%

1Y

1.2%