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Canadian (TSX) Trade Distributors Industry Analysis

UpdatedJun 08, 2026
DataAggregated Company Financials
Companies14
  • 7D-0.6%
  • 3M11.1%
  • 1Y69.7%
  • YTD28.6%

Over the last 7 days, the Trade Distributors industry has dropped 1.6%, driven by Toromont Industries declining 2.0%. This takes the industry's 12 month performance to a gain of 70%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026CA$40.7bCA$33.5bCA$1.6b16.4x25.6x1.2x
Wed, 06 May 2026CA$39.5bCA$33.2bCA$1.6b16.5x25x1.2x
Fri, 03 Apr 2026CA$36.1bCA$33.1bCA$1.6b14.9x23.1x1.1x
Sun, 01 Mar 2026CA$38.1bCA$33.2bCA$1.5b15.7x24.9x1.1x
Tue, 27 Jan 2026CA$34.7bCA$36.9bCA$1.6b16.1x22x0.9x
Thu, 25 Dec 2025CA$31.6bCA$36.8bCA$1.6b15.2x20x0.9x
Sat, 22 Nov 2025CA$30.1bCA$36.9bCA$1.6b14.5x19.1x0.8x
Mon, 20 Oct 2025CA$29.6bCA$36.3bCA$1.5b14.4x19.8x0.8x
Wed, 17 Sep 2025CA$27.5bCA$36.2bCA$1.5b14.4x18.4x0.8x
Fri, 15 Aug 2025CA$27.3bCA$36.2bCA$1.5b14.2x18.2x0.8x
Sun, 13 Jul 2025CA$26.0bCA$35.8bCA$1.5b16.1x18x0.7x
Tue, 10 Jun 2025CA$24.4bCA$35.7bCA$1.5b15.1x16.8x0.7x
Thu, 08 May 2025CA$21.2bCA$35.3bCA$1.5b11.8x14.5x0.6x
Sat, 05 Apr 2025CA$21.0bCA$35.0bCA$1.5b11.8x14.1x0.6x
Mon, 03 Mar 2025CA$23.3bCA$35.1bCA$1.5b13.4x15.5x0.7x
Wed, 29 Jan 2025CA$23.1bCA$34.5bCA$1.5b13.2x15.7x0.7x
Fri, 27 Dec 2024CA$22.5bCA$34.5bCA$1.5b13.6x15.2x0.7x
Sun, 24 Nov 2024CA$22.8bCA$34.3bCA$1.5b14.2x15.4x0.7x
Tue, 22 Oct 2024CA$24.9bCA$34.1bCA$1.6b11.9x15.5x0.7x
Thu, 19 Sep 2024CA$23.6bCA$34.0bCA$1.6b10.9x14.7x0.7x
Sat, 17 Aug 2024CA$23.2bCA$31.5bCA$1.6b10.9x14.5x0.7x
Mon, 15 Jul 2024CA$23.0bCA$31.4bCA$1.6b9.4x14x0.7x
Wed, 12 Jun 2024CA$22.9bCA$31.5bCA$1.7b10.5x13.8x0.7x
Fri, 10 May 2024CA$23.8bCA$31.5bCA$1.7b9.6x14.4x0.8x
Sun, 07 Apr 2024CA$24.8bCA$31.5bCA$1.7b9.9x14.4x0.8x
Tue, 05 Mar 2024CA$23.4bCA$31.6bCA$1.7b9.9x13.6x0.7x
Thu, 01 Feb 2024CA$23.3bCA$31.7bCA$1.8b9.7x13x0.7x
Sat, 30 Dec 2023CA$23.1bCA$31.7bCA$1.8b9.7x12.8x0.7x
Mon, 27 Nov 2023CA$21.4bCA$31.8bCA$1.8b8.4x11.8x0.7x
Wed, 25 Oct 2023CA$20.7bCA$31.8bCA$1.8b7.8x11.3x0.6x
Fri, 22 Sep 2023CA$22.1bCA$31.8bCA$1.8b8.2x12x0.7x
Sun, 20 Aug 2023CA$22.3bCA$31.8bCA$1.8b8x12.1x0.7x
Tue, 18 Jul 2023CA$22.3bCA$31.7bCA$1.9b7.9x12x0.7x
Thu, 15 Jun 2023CA$21.6bCA$31.8bCA$1.9b6.9x11.4x0.7x
Price to Earnings Ratio

11.4x


Total Market Cap: CA$21.6bTotal Earnings: CA$1.9bTotal Revenue: CA$31.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Trade Distributors Industry Price to Earnings3Y Average 16.1x202420252026
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 25.6x which is higher than its 3-year average PE of 16.1x.
  • The 3-year average PS ratio of 0.77x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have declined 5.5% 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 Market-0.64%
Industrials0.42%
Trade Distributors-0.55%
Trade Companies and Distributors-0.55%
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
TBL Taiga Building ProductsCA$3.794.7%
+CA$18.4m		-18.0%PE14.8x
ADEN ADENTRACA$33.250.8%
+CA$6.5m		24.2%PE8.7x
WJX WajaxCA$29.900.7%
+CA$4.4m		32.4%PE10.5x
E Enterprise GroupCA$1.281.6%
+CA$1.6m		-21.0%PE35.1x
GDL GoodfellowCA$11.700.9%
+CA$914.3k		-8.7%PE15.5x

Latest News

WJX
CA$29.90
Wajax
7D
3.0%
1Y
29.7%
FTT
CA$102.38
Finning International
7D
-3.3%
1Y
94.2%
TIH
CA$222.79
Toromont Industries
7D
1.0%
1Y
86.2%
Narrative Update • Jun 05

TIH: Index Inclusion And Remanufacturing Investment Will Support A Measured Repricing Path

Toromont Industries' analyst fair value estimate has nudged up by about CA$2 to roughly CA$228, as analysts factor in refreshed price targets from several Canadian banks and modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts have raised price targets in a tight window, which aligns with the recent uplift in fair value estimates and suggests growing confidence in Toromont Industries' ability to support higher valuation assumptions.
RUS
CA$62.07
Russel Metals
7D
1.1%
1Y
43.2%
Narrative Update • Jun 04

RUS: Future Returns Will Depend On P/E Support And Dividend Stability

Russel Metals' analyst price target has edged higher by CA$0.14, as analysts incorporate recent mixed target revisions from TD Securities, Scotiabank, and National Bank into slightly updated fair value, discount rate, and future P/E assumptions. Analyst Commentary Recent Street research on Russel Metals shows a mix of higher and lower targets, which analysts are using to fine tune views on valuation, execution risks, and growth potential rather than to signal a clear consensus in one direction.
DBM
CA$10.43
Doman Building Materials Group
7D
0.2%
1Y
22.9%
ADEN
CA$33.25
ADENTRA
7D
1.1%
1Y
24.2%
ZDC
CA$5.67
Zedcor
7D
-3.9%
1Y
59.7%
E
CA$1.28
Enterprise Group
7D
1.6%
1Y
-22.0%
SURE
CA$0.17
SureNano Science
7D
-2.9%
1Y
106.3%
TBL
CA$3.79
Taiga Building Products
7D
3.8%
1Y
-21.0%
RCH
CA$39.20
Richelieu Hardware
7D
-0.5%
1Y
11.7%
GDL
CA$11.70
Goodfellow
7D
0.8%
1Y
-9.3%