Narrative Update • Jun 09

The Trade Distributors industry is up 9.2% in the last week, with Toromont Industries up 15%. This means that the industry has gained 74% over the past year. Earnings are forecast to grow by 15% annually.
Has the Canadian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | CA$38.8b | CA$33.6b | CA$1.6b | 16.4x | 24.4x | 1.2x |
| Sun, 17 May 2026 | CA$40.6b | CA$33.5b | CA$1.6b | 15.8x | 25.5x | 1.2x |
| Tue, 14 Apr 2026 | CA$37.6b | CA$33.1b | CA$1.6b | 16.1x | 24.1x | 1.1x |
| Thu, 12 Mar 2026 | CA$36.7b | CA$33.1b | CA$1.5b | 15.2x | 24.1x | 1.1x |
| Sat, 07 Feb 2026 | CA$34.9b | CA$36.9b | CA$1.6b | 16.2x | 22.1x | 0.9x |
| Mon, 05 Jan 2026 | CA$31.8b | CA$36.8b | CA$1.6b | 14.9x | 20.2x | 0.9x |
| Wed, 03 Dec 2025 | CA$30.7b | CA$36.9b | CA$1.6b | 14.7x | 19.4x | 0.8x |
| Fri, 31 Oct 2025 | CA$30.8b | CA$36.3b | CA$1.5b | 15.2x | 20.6x | 0.8x |
| Sun, 28 Sep 2025 | CA$28.6b | CA$36.3b | CA$1.5b | 15.2x | 19.1x | 0.8x |
| Tue, 26 Aug 2025 | CA$27.2b | CA$36.2b | CA$1.5b | 14.2x | 18.2x | 0.8x |
| Thu, 24 Jul 2025 | CA$26.6b | CA$35.8b | CA$1.4b | 16.5x | 18.3x | 0.7x |
| Sat, 21 Jun 2025 | CA$24.6b | CA$35.8b | CA$1.5b | 15.1x | 16.9x | 0.7x |
| Mon, 19 May 2025 | CA$23.8b | CA$35.7b | CA$1.5b | 13.3x | 16.4x | 0.7x |
| Wed, 16 Apr 2025 | CA$21.1b | CA$35.0b | CA$1.5b | 12.4x | 14.1x | 0.6x |
| Fri, 14 Mar 2025 | CA$22.0b | CA$35.1b | CA$1.5b | 12.4x | 14.7x | 0.6x |
| Sun, 09 Feb 2025 | CA$23.1b | CA$34.7b | CA$1.5b | 12.9x | 15.1x | 0.7x |
| Tue, 07 Jan 2025 | CA$22.3b | CA$34.5b | CA$1.5b | 13.2x | 15.1x | 0.6x |
| Thu, 05 Dec 2024 | CA$22.9b | CA$34.4b | CA$1.5b | 14.8x | 15.5x | 0.7x |
| Sat, 02 Nov 2024 | CA$23.2b | CA$34.1b | CA$1.6b | 11.4x | 14.5x | 0.7x |
| Mon, 30 Sep 2024 | CA$24.7b | CA$34.0b | CA$1.6b | 11.8x | 15.3x | 0.7x |
| Wed, 28 Aug 2024 | CA$23.4b | CA$34.0b | CA$1.6b | 10.7x | 14.5x | 0.7x |
| Fri, 26 Jul 2024 | CA$23.4b | CA$31.5b | CA$1.6b | 9.6x | 14.2x | 0.7x |
| Sun, 23 Jun 2024 | CA$22.3b | CA$31.4b | CA$1.7b | 10.1x | 13.5x | 0.7x |
| Tue, 21 May 2024 | CA$23.7b | CA$31.4b | CA$1.7b | 10x | 14.3x | 0.8x |
| Thu, 18 Apr 2024 | CA$24.1b | CA$31.5b | CA$1.7b | 10.3x | 14.1x | 0.8x |
| Sat, 16 Mar 2024 | CA$23.6b | CA$31.6b | CA$1.7b | 9.8x | 13.7x | 0.7x |
| Mon, 12 Feb 2024 | CA$23.1b | CA$31.7b | CA$1.7b | 10x | 13.3x | 0.7x |
| Wed, 10 Jan 2024 | CA$22.8b | CA$31.7b | CA$1.8b | 9.6x | 12.6x | 0.7x |
| Fri, 08 Dec 2023 | CA$21.5b | CA$31.8b | CA$1.8b | 8.7x | 11.9x | 0.7x |
| Sun, 05 Nov 2023 | CA$21.8b | CA$31.8b | CA$1.9b | 8.5x | 11.7x | 0.7x |
| Tue, 03 Oct 2023 | CA$22.0b | CA$31.9b | CA$1.8b | 8x | 11.9x | 0.7x |
| Thu, 31 Aug 2023 | CA$22.8b | CA$31.8b | CA$1.8b | 8.5x | 12.4x | 0.7x |
| Sat, 29 Jul 2023 | CA$23.0b | CA$31.9b | CA$1.9b | 7.9x | 12.2x | 0.7x |
| Mon, 26 Jun 2023 | CA$21.1b | CA$31.8b | CA$1.9b | 7.2x | 11.2x | 0.7x |
11.2x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 0.74% | |
| Industrials | -0.64% | |
| Trade Distributors | 9.23% | |
| Trade Companies and Distributors | 9.23% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TIH Toromont Industries | CA$240.96 | 15.3% +CA$2.6b | 102.8% | PE38.2x | |
| FTT Finning International | CA$101.34 | 7.5% +CA$918.1m | 84.6% | PE25.5x | |
| RUS Russel Metals | CA$63.48 | 2.1% +CA$70.2m | 50.4% | PE17.6x | |
| DBM Doman Building Materials Group | CA$11.33 | 3.8% +CA$36.0m | 32.1% | PE12.3x | |
| ADEN ADENTRA | CA$35.09 | 3.0% +CA$24.7m | 31.1% | PE9.1x |