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Canadian (TSX) Airlines Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies4
  • 7D-4.0%
  • 3M-3.0%
  • 1Y-19.6%
  • YTDn/a

Over the last 7 days, the Airlines industry has dropped 2.3%, driven by Air Canada declining 6.2%. In contrast, Chorus Aviation has gained 6.9%. The industry has fallen 18% in the last year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024CA$2.6bCA$4.2bCA$177.3m12x14.8x0.6x
Sat, 16 Mar 2024CA$2.7bCA$4.2bCA$177.3m12.6x15.4x0.6x
Mon, 12 Feb 2024CA$2.7bCA$4.1bCA$186.3m12.3x14.6x0.7x
Wed, 10 Jan 2024CA$2.8bCA$4.1bCA$186.3m12.6x14.9x0.7x
Fri, 08 Dec 2023CA$2.7bCA$4.1bCA$186.3m12x14.3x0.6x
Sun, 05 Nov 2023CA$2.7bCA$4.0bCA$192.8m11.8x13.8x0.7x
Tue, 03 Oct 2023CA$2.6bCA$4.0bCA$192.8m11.4x13.5x0.7x
Thu, 31 Aug 2023CA$2.9bCA$4.0bCA$191.7m12.8x14.9x0.7x
Sat, 29 Jul 2023CA$3.1bCA$3.9bCA$130.4m23.2x23.6x0.8x
Mon, 26 Jun 2023CA$3.0bCA$3.9bCA$130.4m21.7x23x0.8x
Wed, 24 May 2023CA$3.0bCA$3.9bCA$131.5m22.5x23.1x0.8x
Fri, 21 Apr 2023CA$3.0bCA$3.7bCA$129.6m22.7x23.3x0.8x
Sun, 19 Mar 2023CA$2.8bCA$3.7bCA$129.6m21.9x21.9x0.8x
Tue, 14 Feb 2023CA$3.1bCA$3.4bCA$99.5m21.6x30.9x0.9x
Thu, 12 Jan 2023CA$3.1bCA$3.4bCA$99.5m21.5x31.2x0.9x
Sat, 10 Dec 2022CA$2.8bCA$3.4bCA$99.5m19.5x27.8x0.8x
Mon, 07 Nov 2022CA$2.5bCA$3.1bCA$46.7m24.3x53.9x0.8x
Wed, 05 Oct 2022CA$2.5bCA$3.1bCA$46.7m24.3x52.6x0.8x
Fri, 02 Sep 2022CA$2.5bCA$3.1bCA$46.7m24.5x54.2x0.8x
Sun, 31 Jul 2022CA$2.6bCA$2.7bCA$76.3m22.3x34.3x1x
Tue, 28 Jun 2022CA$2.5bCA$2.7bCA$76.2m21.4x32.6x0.9x
Thu, 26 May 2022CA$2.6bCA$2.7bCA$78.8m23.2x33.6x1x
Sat, 23 Apr 2022CA$2.5bCA$2.5bCA$23.1m66.6x107.8x1x
Mon, 21 Mar 2022CA$2.5bCA$2.4bCA$27.5m63.9x90.3x1x
Wed, 16 Feb 2022CA$2.7bCA$2.2bCA$16.7m63.9x159.7x1.2x
Fri, 14 Jan 2022CA$2.8bCA$2.2bCA$17.1m80.8x165.7x1.3x
Sun, 12 Dec 2021CA$2.6bCA$2.2bCA$16.3m32.4x162x1.2x
Tue, 09 Nov 2021CA$2.6bCA$2.0bCA$53.0m45.3x48.6x1.3x
Thu, 07 Oct 2021CA$2.5bCA$2.0bCA$52.8m41.9x47.2x1.2x
Sat, 04 Sep 2021CA$2.5bCA$2.9bCA$52.0m42.9x48.6x0.9x
Mon, 02 Aug 2021CA$2.5bCA$2.9bCA$52.0m45.7x48.6x0.9x
Thu, 06 May 2021CA$2.2bCA$2.8bCA$60.2m34.8x35.8x0.8x
Price to Earnings Ratio

35.8x


Total Market Cap: CA$2.2bTotal Earnings: CA$60.2mTotal Revenue: CA$2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 48.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Airlines 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 15.4x which is lower than its 3-year average PE of 48.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Airlines compare with similar industries?

CA Market-2.09%
Industrials-1.82%
Airlines-4.01%
Airlines-4.01%
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?

CompanyLast Price7D1YValuation
JET Global Crossing Airlines GroupCA$0.732.8%
+CA$1.2m		-42.5%PS0.2x
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Latest News

EIF

CA$46.30

Exchange Income

7D

-4.4%

1Y

-16.5%

AC

CA$19.31

Air Canada

7D

-0.4%

1Y

-1.7%

Air Canada's (TSE:AC) Popularity With Investors Is Under Threat From Overpricing

Apr 17
Air Canada's (TSE:AC) Popularity With Investors Is Under Threat From Overpricing

TRZ

CA$3.39

Transat A.T

7D

-4.2%

1Y

5.9%

CJET

CA$0.095

Canada Jetlines Operations

7D

-9.5%

1Y

-47.2%

CHR

CA$2.02

Chorus Aviation

7D

-6.0%

1Y

-34.4%

VOL

CA$0.13

Volatus Aerospace

7D

-13.3%

1Y

-61.8%

Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

Mar 27
Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

JET

CA$0.73

Global Crossing Airlines Group

7D

2.8%

1Y

-42.5%