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

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 26.5x which is higher than its 3-year average PE of 16.7x. The 3-year average PS ratio of 0.79x is lower than the industry's current PS ratio of 1.3x.

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

There are no additional sub-industries under this industry.

Canadian (TSX) Trade Distributors Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 25 Jul 2026	CA$41.9b	CA$33.6b	CA$1.6b	17.8x	26.3x	1.2x
Mon, 22 Jun 2026	CA$42.0b	CA$33.6b	CA$1.6b	16.3x	26.4x	1.3x
Wed, 20 May 2026	CA$40.6b	CA$33.5b	CA$1.6b	15.7x	25.5x	1.2x
Fri, 17 Apr 2026	CA$37.0b	CA$33.1b	CA$1.6b	15.7x	23.7x	1.1x
Sun, 15 Mar 2026	CA$36.2b	CA$33.1b	CA$1.6b	15.1x	23.3x	1.1x
Tue, 10 Feb 2026	CA$35.6b	CA$36.8b	CA$1.6b	16.4x	22.6x	1x
Thu, 08 Jan 2026	CA$32.0b	CA$36.9b	CA$1.6b	15.3x	20.3x	0.9x
Sat, 06 Dec 2025	CA$31.0b	CA$36.9b	CA$1.6b	15x	19.6x	0.8x
Mon, 03 Nov 2025	CA$31.9b	CA$36.3b	CA$1.5b	15.4x	21.2x	0.9x
Wed, 01 Oct 2025	CA$28.8b	CA$36.3b	CA$1.5b	15.1x	19.2x	0.8x
Fri, 29 Aug 2025	CA$27.2b	CA$36.2b	CA$1.5b	14.6x	18.2x	0.8x
Sun, 27 Jul 2025	CA$26.8b	CA$35.9b	CA$1.5b	16.3x	18.4x	0.7x
Tue, 24 Jun 2025	CA$24.9b	CA$35.8b	CA$1.5b	15.4x	17.1x	0.7x
Thu, 22 May 2025	CA$23.6b	CA$35.7b	CA$1.5b	14.3x	16.2x	0.7x
Sat, 19 Apr 2025	CA$21.0b	CA$35.0b	CA$1.5b	12.2x	14.1x	0.6x
Mon, 17 Mar 2025	CA$21.7b	CA$35.1b	CA$1.5b	12.4x	14.5x	0.6x
Wed, 12 Feb 2025	CA$23.4b	CA$34.7b	CA$1.5b	13x	15.3x	0.7x
Fri, 10 Jan 2025	CA$22.0b	CA$34.5b	CA$1.5b	13x	14.9x	0.6x
Sun, 08 Dec 2024	CA$22.8b	CA$34.4b	CA$1.5b	14.5x	15.4x	0.7x
Tue, 05 Nov 2024	CA$23.4b	CA$34.1b	CA$1.6b	11.4x	14.6x	0.7x
Thu, 03 Oct 2024	CA$24.9b	CA$34.0b	CA$1.6b	11.8x	15.4x	0.7x
Sat, 31 Aug 2024	CA$22.8b	CA$34.0b	CA$1.6b	10.8x	14.1x	0.7x
Mon, 29 Jul 2024	CA$23.7b	CA$31.5b	CA$1.6b	11x	14.4x	0.8x
Wed, 26 Jun 2024	CA$22.8b	CA$31.4b	CA$1.7b	10x	13.8x	0.7x
Fri, 24 May 2024	CA$23.5b	CA$31.5b	CA$1.7b	9.5x	14.2x	0.7x
Sun, 21 Apr 2024	CA$24.2b	CA$31.5b	CA$1.7b	10x	14.2x	0.8x
Tue, 19 Mar 2024	CA$23.8b	CA$31.6b	CA$1.7b	9.8x	13.8x	0.8x
Thu, 15 Feb 2024	CA$22.6b	CA$31.7b	CA$1.7b	9.7x	13.1x	0.7x
Sat, 13 Jan 2024	CA$23.1b	CA$31.7b	CA$1.8b	9.5x	12.8x	0.7x
Mon, 11 Dec 2023	CA$21.8b	CA$31.8b	CA$1.8b	9x	12x	0.7x
Wed, 08 Nov 2023	CA$21.4b	CA$32.1b	CA$1.9b	7.9x	11.5x	0.7x
Fri, 06 Oct 2023	CA$21.7b	CA$31.8b	CA$1.8b	7.7x	11.8x	0.7x
Sun, 03 Sep 2023	CA$23.1b	CA$31.8b	CA$1.8b	8.5x	12.5x	0.7x
Tue, 01 Aug 2023	CA$23.2b	CA$31.9b	CA$1.9b	7.9x	12.3x	0.7x


CA Market	0.57%
Industrials	-1.39%
Trade Distributors	-1.86%
Trade Companies and Distributors	-1.86%

Company	Last Price	7D	1Y	Valuation
FTT Finning International	CA$107.90	0.6% +CA$55.7m	74.9%	PE27.1x
RUS Russel Metals	CA$70.70	1.0% +CA$37.3m	59.1%	PE19.6x
ZDC Zedcor	CA$5.15	1.2% +CA$6.7m	23.8%	PE314.4x
E Enterprise Group	CA$1.67	3.7% +CA$4.9m	-1.8%	PE45.8x
WJX Wajax	CA$34.63	0.6% +CA$4.1m	48.6%	PE12.1x

Announcement • Jul 22

Enterprise Group, Inc. Adds 3.2 MW SPG4 Natural Gas Turbine Generator to Evolution Power Fleet

Enterprise Group announced the addition of a new SPG4 3.2-megawatt natural gas turbine generator to the growing fleet of its wholly owned subsidiary, Evolution Power. The acquisition represents another significant milestone in Enterprise's strategy of expanding its fleet with larger-scale natural gas generation assets capable of displacing diesel power across drilling, completions, production, industrial, and emerging data center applications. Delivering 3.2 megawatts (approximately 4,300 horsepower) of dependable power, the SPG4 provides operators with a high-output solution capable of rapid deployment to remote locations while operating on a remarkably broad range of gaseous and liquid fuels. The platform has accumulated more than 12 million operating hours worldwide in mission-critical applications and combines aerospace-derived engineering, advanced control systems, and a rugged package specifically designed for demanding operating environments. The Company views this initial deployment as the first step in developing a broader fleet of larger-capacity natural gas turbine solutions to complement Evolution Power's existing microturbine platform. A key differentiator of the SPG4 platform is its ability to be configured for either mobile or permanent installations. Unlike conventional reciprocating generator packages, the SPG4's single-shaft rotational architecture dramatically reduces the number of moving components, maximizing mechanical reliability while delivering exceptional uptime in continuous-duty operations and lower total lifecycle costs. The turbine is equally suited for permanent installations and combined heat and power (CHP) applications, providing customers with a highly versatile platform capable of supporting both temporary and long-term power requirements. The addition of the SPG4 significantly strengthens Evolution Power's ability to help customers transition away from diesel-powered generation. The turbine delivers substantial reductions in emissions and operating noise while enabling operators to utilize readily available, low-cost field gas. By replacing multiple diesel generators with a centralized natural gas power solution, customers can simplify fuel logistics, improve operational control, reduce maintenance requirements, lower overall operating costs, and achieve increasingly stringent environmental compliance objectives. The SPG4 is particularly well positioned to transform power generation on modern AC drilling rigs, where operators can now supplement or replace traditional diesel generation with a single natural gas-powered turbine. This approach has the potential to generate meaningful savings through lower fuel costs, reduced transportation requirements, minimized downtime, decreased maintenance, lower emissions, and significantly quieter operations. Beyond conventional oil and gas applications, Enterprise believes the SPG4 is exceptionally well suited for the rapidly emerging market of modular artificial intelligence (AI) data centers. As demand accelerates for smaller, flexible, and scalable computing infrastructure located near abundant and economical natural gas resources, the SPG4 provides an attractive solution capable of delivering reliable baseload power independent of grid constraints. The SPG4 turbine has now been received at Evolution Power's facility, where it is undergoing final inspection, certification, and commissioning activities in preparation for customer deployment. The Company expects the unit to be commercially available for customer projects during the fourth quarter of 2026. The Company continues to see increasing demand for high-capacity natural gas power solutions as producers, industrial operators, and infrastructure developers pursue lower operating costs, improved energy security, and reduced environmental impacts. The addition of the SPG4 further reinforces Enterprise's commitment to providing innovative, reliable, and economically compelling power solutions that support the evolving needs of its customers across North America.

Canadian (TSX) Trade Distributors Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Finning International Inc. to Report Q2, 2026 Results on Aug 05, 2026

Enterprise Group, Inc. Adds 3.2 MW SPG4 Natural Gas Turbine Generator to Evolution Power Fleet

TIH: Power Systems Backlog And Capacity Plans Will Support Measured Repricing

Second quarter dividend of CA$0.16 announced

ADENTRA Inc. to Report Q2, 2026 Results on Aug 05, 2026

Now 21% overvalued

Independent Chairman exercised options and sold CA$520k worth of stock

Doman Building Materials Group Ltd. to Report Q2, 2026 Results on Aug 05, 2026

Now 20% overvalued

New major risk - Revenue and earnings growth

New minor risk - Share price stability

First quarter 2026 earnings released: EPS: CA$0.083 (vs CA$0.091 in 1Q 2025)