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Canadian (TSX) Industrials Sector Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies124
  • 7D1.3%
  • 3M14.0%
  • 1Y15.6%
  • YTD8.3%

The Industrials industry is up 1.3% in the last week, with Canadian National Railway up 1.9%. During this same period, the Bombardier underperformed, falling 6.2%. In the last 12 months, the industry was up 16%. Earnings are forecast to grow by 8.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024CA$482.5bCA$163.4bCA$17.4b20.2x27.8x3x
Fri, 26 Jan 2024CA$457.6bCA$164.9bCA$16.8b19x27.2x2.8x
Sun, 24 Dec 2023CA$447.5bCA$164.5bCA$16.1b19x27.8x2.7x
Tue, 21 Nov 2023CA$421.9bCA$163.7bCA$15.8b18.6x26.8x2.6x
Thu, 19 Oct 2023CA$401.6bCA$161.1bCA$15.8b17.2x25.4x2.5x
Sat, 16 Sep 2023CA$424.5bCA$160.7bCA$15.8b16.9x26.9x2.6x
Mon, 14 Aug 2023CA$433.7bCA$160.2bCA$16.0b16.5x27.1x2.7x
Wed, 12 Jul 2023CA$414.5bCA$157.0bCA$13.8b18.7x30.1x2.6x
Fri, 09 Jun 2023CA$416.2bCA$157.3bCA$13.8b18.9x30.2x2.6x
Sun, 07 May 2023CA$421.1bCA$155.0bCA$13.7b19x30.7x2.7x
Tue, 04 Apr 2023CA$423.2bCA$153.5bCA$13.9b20.2x30.5x2.8x
Thu, 02 Mar 2023CA$415.7bCA$152.4bCA$14.5b18.8x28.7x2.7x
Sat, 28 Jan 2023CA$408.7bCA$149.5bCA$12.9b17.8x31.7x2.7x
Mon, 26 Dec 2022CA$399.2bCA$149.4bCA$12.7b16.5x31.4x2.7x
Wed, 23 Nov 2022CA$410.3bCA$148.9bCA$12.7b16.7x32.2x2.8x
Fri, 21 Oct 2022CA$371.9bCA$143.9bCA$11.6b14.1x32.1x2.6x
Sun, 18 Sep 2022CA$386.3bCA$142.7bCA$11.6b15.9x33.4x2.7x
Tue, 16 Aug 2022CA$407.0bCA$141.8bCA$11.5b15.3x35.4x2.9x
Thu, 14 Jul 2022CA$361.4bCA$136.3bCA$13.2b13.8x27.4x2.7x
Sat, 11 Jun 2022CA$356.4bCA$135.8bCA$13.2b14.9x27.1x2.6x
Mon, 09 May 2022CA$370.1bCA$133.3bCA$13.1b17.5x28.2x2.8x
Wed, 06 Apr 2022CA$402.1bCA$129.0bCA$17.7b19.7x22.7x3.1x
Fri, 04 Mar 2022CA$397.2bCA$127.6bCA$17.4b20.8x22.8x3.1x
Sun, 30 Jan 2022CA$392.6bCA$124.5bCA$18.0b19.9x21.8x3.2x
Tue, 28 Dec 2021CA$413.8bCA$124.2bCA$17.9b19.5x23.1x3.3x
Thu, 25 Nov 2021CA$405.1bCA$125.2bCA$17.9b20x22.6x3.2x
Sat, 23 Oct 2021CA$405.4bCA$119.1bCA$18.1b21.2x22.4x3.4x
Mon, 20 Sep 2021CA$386.2bCA$120.3bCA$17.8b18.6x21.7x3.2x
Wed, 18 Aug 2021CA$370.3bCA$120.4bCA$17.5b20.7x21.1x3.1x
Wed, 02 Jun 2021CA$349.3bCA$113.1bCA$14.7b20.8x23.8x3.1x
Sat, 06 Mar 2021CA$348.1bCA$117.5bCA$3.3b21.6x105.6x3x
Price to Earnings Ratio

105.6x


Total Market Cap: CA$348.1bTotal Earnings: CA$3.3bTotal Revenue: CA$117.5bTotal 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 74% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market0.75%
Industrials1.34%
Industrials8.11%
Building7.98%
Airlines2.71%
Construction2.63%
Electrical2.46%
Transportation1.59%
Commercial Services1.33%
Trade Distributors0.98%
Machinery0.64%
Professional Services0.61%
Marine and Shipping-0.40%
Infrastructure-0.81%
Aerospace & Defense-1.55%
Logistics-2.31%
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 41.2%, 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 9.7% 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$177.661.9%
+CA$2.2b
13.0%PE20.2x
CP Canadian Pacific Kansas CityCA$116.481.0%
+CA$1.1b
11.3%PE27.6x
TRI Thomson ReutersCA$213.190.6%
+CA$703.6m
25.0%PE27x
WSP WSP GlobalCA$212.132.3%
+CA$597.2m
24.8%PE49x
TFII TFI InternationalCA$201.002.9%
+CA$477.2m
20.0%PE24.8x
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Latest News

CNR

CA$177.66

Canadian National Railway

7D

1.9%

1Y

13.0%

CHR

CA$2.09

Chorus Aviation

7D

-13.6%

1Y

-34.7%

DPRO

CA$0.23

Draganfly

7D

-54.9%

1Y

-92.5%

CJT

CA$115.62

Cargojet

7D

-2.5%

1Y

-4.0%

FTT

CA$34.60

Finning International

7D

-1.1%

1Y

0.2%

BBD.B

CA$47.71

Bombardier

7D

-6.2%

1Y

-29.6%

TFII

CA$201.00

TFI International

7D

2.9%

1Y

20.0%

STN

CA$114.34

Stantec

7D

2.8%

1Y

44.8%

CP

CA$116.48

Canadian Pacific Kansas City

7D

1.0%

1Y

11.3%

ATRL

CA$44.51

SNC-Lavalin Group

7D

2.7%

1Y

56.8%

WSP

CA$212.13

WSP Global

7D

2.3%

1Y

24.8%

WTE

CA$25.70

Westshore Terminals Investment

7D

-0.8%

1Y

5.8%