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Canadian (TSX) Trade Distributors Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies14
- 7D-1.8%
- 3M2.8%
- 1Y28.9%
- YTD28.4%
Over the last 7 days, the Trade Distributors industry has dropped 1.8%, driven by a pullback from Finning International of 2.9%. Meanwhile, FTI Foodtech International actually outperformed within the industry, gaining 8.3% in the last week. This takes the industry's 12 month performance to a gain of 29%.
Industry Valuation and Performance
Has the Canadian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CA$21.9b | CA$25.9b | CA$1.5b | 8.9x |
| Thu, 28 Oct 2021 | CA$22.0b | CA$24.4b | CA$1.4b | 10.4x |
| Sat, 25 Sep 2021 | CA$20.9b | CA$24.4b | CA$1.4b | 9.9x |
| Mon, 23 Aug 2021 | CA$21.4b | CA$24.4b | CA$1.4b | 10.5x |
| Sat, 10 Jul 2021 | CA$21.2b | CA$24.4b | CA$1.4b | 10.5x |
| Fri, 02 Apr 2021 | CA$19.4b | CA$21.9b | CA$1.0b | 12.7x |
| Mon, 04 Jan 2021 | CA$17.0b | CA$21.1b | CA$814.5m | 12.5x |
| Thu, 08 Oct 2020 | CA$14.6b | CA$21.3b | CA$743.4m | 12.5x |
| Wed, 01 Jul 2020 | CA$12.3b | CA$21.7b | CA$656.5m | 14.8x |
| Sat, 04 Apr 2020 | CA$10.4b | CA$23.0b | CA$759.2m | 12x |
| Tue, 07 Jan 2020 | CA$14.2b | CA$23.3b | CA$752.8m | 17.1x |
| Mon, 30 Sep 2019 | CA$13.0b | CA$23.4b | CA$784.6m | 15.2x |
| Thu, 04 Jul 2019 | CA$12.9b | CA$23.5b | CA$797.2m | 14x |
| Sun, 07 Apr 2019 | CA$13.7b | CA$23.2b | CA$824.1m | 13.5x |
| Wed, 09 Jan 2019 | CA$12.4b | CA$23.0b | CA$875.1m | 10.5x |
PE Ratio
15.2x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 8.9x which is lower than its 3-year average PE of 13.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Trade Distributors industry have grown 21% per year over the last three years, and revenues for these companies have grown 4.9% 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 Trade Distributors industry?
| Trade Companies and Distributors | -1.84% | |
Industry PE: Investors are most optimistic about the Trade Companies and Distributors industry even though it's trading below its 3-year average PE ratio of 13.1x. However analysts are expecting annual earnings growth of 3.6%, which is lower than the prior year's growth of 70% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Trade Companies and Distributors industry, expecting annual earnings growth of 3.6% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| FTI FTI Foodtech International | 8.3%+CA$139.7k | -18.8% | PS12.5x | |
| BRY Bri-Chem | 2.8%+CA$119.7k | 164.3% | PS0.09x |
