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Canadian (TSX) Airlines Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies4
  • 7D-0.3%
  • 3M1.6%
  • 1Y-16.6%
  • YTDn/a

Last week, the Airlines industry hasn't moved much but Global Crossing Airlines Group is up 3.1% in that time. Unfortunately though, the industry is down 19% over the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024CA$2.7bCA$4.1bCA$186.3m12.1x14.4x0.7x
Fri, 19 Jan 2024CA$2.7bCA$4.1bCA$186.3m12.2x14.5x0.7x
Sun, 17 Dec 2023CA$2.7bCA$4.1bCA$186.3m12.2x14.4x0.7x
Tue, 14 Nov 2023CA$2.6bCA$4.1bCA$188.1m11.6x13.7x0.6x
Thu, 12 Oct 2023CA$2.6bCA$4.0bCA$192.8m11.7x13.5x0.7x
Sat, 09 Sep 2023CA$2.7bCA$4.0bCA$192.8m12.3x14.2x0.7x
Mon, 07 Aug 2023CA$2.9bCA$3.9bCA$204.5m13.1x14.3x0.7x
Wed, 05 Jul 2023CA$3.1bCA$3.9bCA$130.4m23x23.7x0.8x
Fri, 02 Jun 2023CA$2.9bCA$3.9bCA$130.4m21.7x22.3x0.7x
Sun, 30 Apr 2023CA$2.9bCA$3.7bCA$128.7m21.8x22.5x0.8x
Tue, 28 Mar 2023CA$2.9bCA$3.7bCA$129.6m22.4x22.7x0.8x
Thu, 23 Feb 2023CA$3.0bCA$3.5bCA$125.7m23.8x23.7x0.8x
Sat, 21 Jan 2023CA$3.1bCA$3.4bCA$99.5m21.3x31x0.9x
Mon, 19 Dec 2022CA$2.8bCA$3.4bCA$99.5m19.9x28.4x0.8x
Wed, 16 Nov 2022CA$2.7bCA$3.4bCA$99.5m19.1x27.2x0.8x
Fri, 14 Oct 2022CA$2.4bCA$3.1bCA$46.7m23.6x50.8x0.8x
Sun, 11 Sep 2022CA$2.7bCA$3.1bCA$46.7m25.8x57.2x0.9x
Tue, 09 Aug 2022CA$2.6bCA$2.9bCA$8.5m28.9x307.7x0.9x
Thu, 07 Jul 2022CA$2.5bCA$2.7bCA$75.9m21.2x32.4x0.9x
Sat, 04 Jun 2022CA$2.8bCA$2.7bCA$76.8m24.1x36x1x
Mon, 02 May 2022CA$2.4bCA$2.5bCA$19.7m23.5x122.6x1x
Wed, 30 Mar 2022CA$2.6bCA$2.4bCA$27.7m63.6x92.9x1.1x
Fri, 25 Feb 2022CA$2.5bCA$2.4bCA$17.5m61.5x141.7x1.1x
Sun, 23 Jan 2022CA$2.4bCA$2.2bCA$17.0m71.7x141.3x1.1x
Tue, 21 Dec 2021CA$2.6bCA$2.2bCA$15.9m32x162.3x1.2x
Thu, 18 Nov 2021CA$2.6bCA$2.2bCA$22.9m29.8x113.5x1.2x
Sat, 16 Oct 2021CA$2.5bCA$2.0bCA$53.1m42x47.1x1.2x
Mon, 13 Sep 2021CA$2.5bCA$2.0bCA$53.0m41.8x46.6x1.2x
Wed, 11 Aug 2021CA$2.6bCA$2.9bCA$52.0m45.7x49.4x0.9x
Sun, 06 Jun 2021CA$2.4bCA$2.8bCA$60.0m39.2x39.3x0.9x
Wed, 10 Mar 2021CA$10.5bCA$8.8b-CA$4,578,379,418.0033.7x-2.3x1.2x
Price to Earnings Ratio

-2.3x


Total Market Cap: CA$10.5bTotal Earnings: -CA$4,578,379,418.00Total Revenue: CA$8.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 48.7x202220232024
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 14.5x which is lower than its 3-year average PE of 48.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • Total earnings for the Airlines industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 22% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Canadian Airlines compare with similar industries?

CA Market1.62%
Industrials0.046%
Airlines-0.27%
Airlines-0.27%
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$0.7710.0%
+CA$4.1m
-57.7%PS0.2x
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Latest News

CHR

CA$2.36

Chorus Aviation

7D

-0.4%

1Y

-27.8%

AC

CA$17.89

Air Canada

7D

-5.7%

1Y

-11.6%

EIF

CA$46.05

Exchange Income

7D

-0.2%

1Y

-12.5%

VOL

CA$0.10

Volatus Aerospace

7D

-13.0%

1Y

-67.7%

JET

CA$0.77

Global Crossing Airlines Group

7D

10.0%

1Y

-57.7%

TRZ

CA$4.20

Transat A.T

7D

-1.4%

1Y

30.4%