Narrative Update • Jul 21

In the last week, Trade Distributors has been flat. As for the the longer term, the industry is up 59% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Has the Canadian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 24 Jul 2026 | CA$42.1b | CA$33.6b | CA$1.6b | 17.4x | 26.5x | 1.3x |
| Sun, 21 Jun 2026 | CA$42.0b | CA$33.6b | CA$1.6b | 16.3x | 26.4x | 1.3x |
| Tue, 19 May 2026 | CA$40.6b | CA$33.5b | CA$1.6b | 15.8x | 25.5x | 1.2x |
| Thu, 16 Apr 2026 | CA$38.3b | CA$33.1b | CA$1.6b | 15.8x | 24.5x | 1.2x |
| Sat, 14 Mar 2026 | CA$36.2b | CA$33.1b | CA$1.6b | 15.1x | 23.2x | 1.1x |
| Mon, 09 Feb 2026 | CA$35.6b | CA$36.9b | CA$1.6b | 16.2x | 22.6x | 1x |
| Wed, 07 Jan 2026 | CA$32.1b | CA$36.9b | CA$1.6b | 15.2x | 20.3x | 0.9x |
| Fri, 05 Dec 2025 | CA$31.1b | CA$36.9b | CA$1.6b | 15x | 19.7x | 0.8x |
| Sun, 02 Nov 2025 | CA$31.9b | CA$36.3b | CA$1.5b | 15.4x | 21.2x | 0.9x |
| Tue, 30 Sep 2025 | CA$28.6b | CA$36.3b | CA$1.5b | 15.2x | 19.1x | 0.8x |
| Thu, 28 Aug 2025 | CA$27.1b | CA$36.2b | CA$1.5b | 14.4x | 18.1x | 0.7x |
| Sat, 26 Jul 2025 | CA$26.7b | CA$35.9b | CA$1.5b | 16.3x | 18.4x | 0.7x |
| Mon, 23 Jun 2025 | CA$24.6b | CA$35.8b | CA$1.5b | 15.1x | 16.9x | 0.7x |
| Wed, 21 May 2025 | CA$23.8b | CA$35.7b | CA$1.5b | 13.2x | 16.4x | 0.7x |
| Fri, 18 Apr 2025 | CA$21.0b | CA$35.0b | CA$1.5b | 12.3x | 14.1x | 0.6x |
| Sun, 16 Mar 2025 | CA$21.7b | CA$35.1b | CA$1.5b | 12.4x | 14.5x | 0.6x |
| Tue, 11 Feb 2025 | CA$23.1b | CA$34.7b | CA$1.5b | 13x | 15.1x | 0.7x |
| Thu, 09 Jan 2025 | CA$22.3b | CA$34.5b | CA$1.5b | 13x | 15.1x | 0.6x |
| Sat, 07 Dec 2024 | CA$22.9b | CA$34.4b | CA$1.5b | 14.5x | 15.5x | 0.7x |
| Mon, 04 Nov 2024 | CA$23.4b | CA$34.1b | CA$1.6b | 11.4x | 14.6x | 0.7x |
| Wed, 02 Oct 2024 | CA$24.9b | CA$34.0b | CA$1.6b | 11.8x | 15.4x | 0.7x |
| Fri, 30 Aug 2024 | CA$22.7b | CA$34.0b | CA$1.6b | 10.8x | 14.1x | 0.7x |
| Sun, 28 Jul 2024 | CA$23.7b | CA$31.5b | CA$1.6b | 11x | 14.4x | 0.8x |
| Tue, 25 Jun 2024 | CA$22.3b | CA$31.4b | CA$1.7b | 10x | 13.5x | 0.7x |
| Thu, 23 May 2024 | CA$23.6b | CA$31.4b | CA$1.7b | 9.7x | 14.3x | 0.8x |
| Sat, 20 Apr 2024 | CA$24.2b | CA$31.5b | CA$1.7b | 10.1x | 14.2x | 0.8x |
| Mon, 18 Mar 2024 | CA$23.7b | CA$31.6b | CA$1.7b | 9.8x | 13.8x | 0.8x |
| Wed, 14 Feb 2024 | CA$22.6b | CA$31.7b | CA$1.7b | 9.7x | 13x | 0.7x |
| Fri, 12 Jan 2024 | CA$22.8b | CA$31.7b | CA$1.8b | 9.6x | 12.6x | 0.7x |
| Sun, 10 Dec 2023 | CA$21.8b | CA$31.8b | CA$1.8b | 9x | 12x | 0.7x |
| Tue, 07 Nov 2023 | CA$21.8b | CA$31.8b | CA$1.9b | 8.4x | 11.7x | 0.7x |
| Thu, 05 Oct 2023 | CA$21.9b | CA$31.9b | CA$1.8b | 7.9x | 11.9x | 0.7x |
| Sat, 02 Sep 2023 | CA$23.1b | CA$31.8b | CA$1.8b | 8.5x | 12.5x | 0.7x |
| Mon, 31 Jul 2023 | CA$23.2b | CA$31.9b | CA$1.9b | 7.9x | 12.3x | 0.7x |
12.3x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | -0.052% | |
| Industrials | -2.36% | |
| Trade Distributors | -0.90% | |
| Trade Companies and Distributors | -0.90% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FTT Finning International | CA$106.46 | 1.8% +CA$215.3m | 73.1% | PE26.8x | |
| E Enterprise Group | CA$1.70 | 4.9% +CA$6.5m | 1.8% | PE46.6x | |
| ZDC Zedcor | CA$5.15 | 0.4% +CA$2.2m | 23.2% | PE314.4x | |
| BRY Bri-Chem | CA$0.36 | 5.9% +CA$528.7k | 46.9% | PE6.4x | |
| GDL Goodfellow | CA$11.30 | 0.4% +CA$414.8k | -3.0% | PE16x |