Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Trade Distributors Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies14
  • 7D5.6%
  • 3M13.9%
  • 1Y81.7%
  • YTD18.7%

The Trade Distributors industry is up 5.6% in the last week, with Toromont Industries up 7.9%. This takes the industry's 12 month performance to a gain of 82%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Canadian Trade Distributors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026CA$37.6bCA$33.1bCA$1.6b16.1x24.1x1.1x
Thu, 12 Mar 2026CA$36.7bCA$33.1bCA$1.5b15.2x24.1x1.1x
Sat, 07 Feb 2026CA$34.9bCA$36.9bCA$1.6b16.2x22.1x0.9x
Mon, 05 Jan 2026CA$31.8bCA$36.8bCA$1.6b14.9x20.2x0.9x
Wed, 03 Dec 2025CA$30.7bCA$36.9bCA$1.6b14.7x19.4x0.8x
Fri, 31 Oct 2025CA$30.8bCA$36.3bCA$1.5b15.2x20.6x0.8x
Sun, 28 Sep 2025CA$28.6bCA$36.3bCA$1.5b15.2x19.1x0.8x
Tue, 26 Aug 2025CA$27.2bCA$36.2bCA$1.5b14.2x18.2x0.8x
Thu, 24 Jul 2025CA$26.6bCA$35.8bCA$1.4b16.5x18.3x0.7x
Sat, 21 Jun 2025CA$24.6bCA$35.8bCA$1.5b15.1x16.9x0.7x
Mon, 19 May 2025CA$23.8bCA$35.7bCA$1.5b13.3x16.4x0.7x
Wed, 16 Apr 2025CA$21.1bCA$35.0bCA$1.5b12.4x14.1x0.6x
Fri, 14 Mar 2025CA$22.0bCA$35.1bCA$1.5b12.4x14.7x0.6x
Sun, 09 Feb 2025CA$23.1bCA$34.7bCA$1.5b12.9x15.1x0.7x
Tue, 07 Jan 2025CA$22.3bCA$34.5bCA$1.5b13.2x15.1x0.6x
Thu, 05 Dec 2024CA$22.9bCA$34.4bCA$1.5b14.8x15.5x0.7x
Sat, 02 Nov 2024CA$23.2bCA$34.1bCA$1.6b11.4x14.5x0.7x
Mon, 30 Sep 2024CA$24.7bCA$34.0bCA$1.6b11.8x15.3x0.7x
Wed, 28 Aug 2024CA$23.4bCA$34.0bCA$1.6b10.7x14.5x0.7x
Fri, 26 Jul 2024CA$23.4bCA$31.5bCA$1.6b9.6x14.2x0.7x
Sun, 23 Jun 2024CA$22.3bCA$31.4bCA$1.7b10.1x13.5x0.7x
Tue, 21 May 2024CA$23.7bCA$31.4bCA$1.7b10x14.3x0.8x
Thu, 18 Apr 2024CA$24.1bCA$31.5bCA$1.7b10.3x14.1x0.8x
Sat, 16 Mar 2024CA$23.6bCA$31.6bCA$1.7b9.8x13.7x0.7x
Mon, 12 Feb 2024CA$23.1bCA$31.7bCA$1.7b10x13.3x0.7x
Wed, 10 Jan 2024CA$22.8bCA$31.7bCA$1.8b9.6x12.6x0.7x
Fri, 08 Dec 2023CA$21.5bCA$31.8bCA$1.8b8.7x11.9x0.7x
Sun, 05 Nov 2023CA$21.8bCA$31.8bCA$1.9b8.5x11.7x0.7x
Tue, 03 Oct 2023CA$22.0bCA$31.9bCA$1.8b8x11.9x0.7x
Thu, 31 Aug 2023CA$22.8bCA$31.8bCA$1.8b8.5x12.4x0.7x
Sat, 29 Jul 2023CA$23.0bCA$31.9bCA$1.9b7.9x12.2x0.7x
Mon, 26 Jun 2023CA$21.1bCA$31.8bCA$1.9b7.2x11.2x0.7x
Wed, 24 May 2023CA$21.9bCA$31.9bCA$1.9b7.1x11.6x0.7x
Fri, 21 Apr 2023CA$20.6bCA$31.8bCA$1.9b7.1x10.7x0.6x
Price to Earnings Ratio

10.7x


Total Market Cap: CA$20.6bTotal Earnings: CA$1.9bTotal Revenue: CA$31.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Trade Distributors Industry Price to Earnings3Y Average 15.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Trade Distributors industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.1x which is higher than its 3-year average PE of 15.4x.
  • The 3-year average PS ratio of 0.74x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have declined 6.7% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market2.40%
Industrials1.25%
Trade Distributors5.61%
Trade Companies and Distributors5.61%
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
TIH Toromont IndustriesCA$210.727.9%
+CA$1.3b		86.2%PE34.6x
FTT Finning InternationalCA$90.705.3%
+CA$580.0m		135.7%PE22x
RUS Russel MetalsCA$50.654.6%
+CA$121.2m		33.1%PE16.5x
ZDC ZedcorCA$5.578.8%
+CA$49.9m		86.3%PE227.4x
WJX WajaxCA$33.244.2%
+CA$29.0m		99.3%PE12.6x

Latest News

RCH
CA$39.12
Richelieu Hardware
7D
-3.4%
1Y
19.9%
GDL
CA$11.79
Goodfellow
7D
-1.3%
1Y
7.2%
ZDC
CA$5.57
Zedcor
7D
8.8%
1Y
86.3%
FTT
CA$90.70
Finning International
7D
5.3%
1Y
135.7%

FTT: Future Returns Will Reflect Higher P E Assumptions And Ongoing Share Repurchases

Analysts have lifted their average CA$ price target for Finning International by CA$4 to reflect a modestly higher assumed discount rate and slightly updated long term P/E and operating assumptions. Analyst Commentary Recent Street research has focused on higher price targets for Finning International, reflecting updated assumptions around valuation and operating performance.
TIH
CA$210.72
Toromont Industries
7D
7.9%
1Y
86.2%

TIH: Index Inclusion And Dividend Increase Will Shape A Measured Forward Outlook

Analysts have lifted their price expectations for Toromont Industries, with Street targets now ranging from CA$181 to CA$228. These updated views on the company align closely with a refreshed fair value estimate of about CA$207.89 per share.
ADEN
CA$33.55
ADENTRA
7D
1.3%
1Y
24.4%
RUS
CA$50.65
Russel Metals
7D
4.6%
1Y
33.1%

RUS: Future Upside Will Rely On Higher P E And Share Buybacks

Russel Metals’ analyst price target range has moved higher into the CA$54 to CA$57 band, reflecting updated models from several firms, while small tweaks to the discount rate and forward P/E assumptions leave the intrinsic value estimate essentially unchanged. Analyst Commentary Recent research shows a wide range of views on Russel Metals, with several bullish analysts lifting price targets into the mid CA$50s while a couple of firms have turned more cautious.
DBM
CA$9.82
Doman Building Materials Group
7D
2.9%
1Y
44.6%
E
CA$1.26
Enterprise Group
7D
0.8%
1Y
0%
WJX
CA$33.24
Wajax
7D
4.2%
1Y
99.3%
TBL
CA$3.68
Taiga Building Products
7D
-3.2%
1Y
-0.3%
SURE
CA$0.18
SureNano Science
7D
-36.2%
1Y
n/a