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Canadian (TSX) Airlines Industry Analysis

UpdatedMay 21, 2024
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M3.0%
  • 1Y-16.1%
  • YTD2.7%

The Airlines industry has stayed flat over the last week. Unfortunately though, the industry is down 16% over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 May 2024CA$2.8bCA$4.3bCA$153.7m14.7x18x0.6x
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
Price to Earnings Ratio

39.3x


Total Market Cap: CA$2.4bTotal Earnings: CA$60.0mTotal Revenue: CA$2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 48.2x202220232024
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 18.0x which is lower than its 3-year average PE of 48.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 16% 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 industry?

CA Market1.08%
Industrials-0.41%
Airlines0.48%
Airlines0.48%
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
VOL Volatus AerospaceCA$0.2475.0%
+CA$13.2m		-18.3%PS0.9x
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Latest News

EIF

CA$46.63

Exchange Income

7D

-4.2%

1Y

-14.9%

AC

CA$18.48

Air Canada

7D

-2.8%

1Y

-13.9%

TRZ

CA$3.20

Transat A.T

7D

-1.5%

1Y

-13.3%

VOL

CA$0.24

Volatus Aerospace

7D

75.0%

1Y

-18.3%

CHR

CA$2.22

Chorus Aviation

7D

-3.9%

1Y

-27.0%

Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

May 13
Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

JET

CA$0.68

Global Crossing Airlines Group

7D

-11.7%

1Y

-44.3%

CJET

CA$0.07

Canada Jetlines Operations

7D

-12.5%

1Y

-61.1%