Narrative Update • May 26

Over the last 7 days, the Trade Distributors industry has risen 1.0%, driven by gains in Toromont Industries and Russel Metals of 0.8% and 4.5%, respectively. This means that the industry has gained 77% over the past year. Earnings are forecast to grow by 16% annually.
Has the Canadian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Jun 2026 | CA$41.4b | CA$33.5b | CA$1.6b | 16.3x | 26x | 1.2x |
| Thu, 30 Apr 2026 | CA$38.5b | CA$33.3b | CA$1.6b | 16.2x | 24.4x | 1.2x |
| Sat, 28 Mar 2026 | CA$35.3b | CA$33.1b | CA$1.6b | 14.5x | 22.6x | 1.1x |
| Mon, 23 Feb 2026 | CA$37.2b | CA$33.2b | CA$1.5b | 15.5x | 24.4x | 1.1x |
| Wed, 21 Jan 2026 | CA$34.6b | CA$36.9b | CA$1.6b | 15.8x | 21.9x | 0.9x |
| Fri, 19 Dec 2025 | CA$30.5b | CA$36.8b | CA$1.6b | 14.8x | 19.3x | 0.8x |
| Sun, 16 Nov 2025 | CA$30.6b | CA$36.9b | CA$1.6b | 15.3x | 19.4x | 0.8x |
| Tue, 14 Oct 2025 | CA$29.2b | CA$36.3b | CA$1.5b | 13.8x | 19.5x | 0.8x |
| Thu, 11 Sep 2025 | CA$27.2b | CA$36.2b | CA$1.5b | 14.3x | 18.2x | 0.8x |
| Sat, 09 Aug 2025 | CA$26.8b | CA$36.2b | CA$1.5b | 14x | 17.8x | 0.7x |
| Mon, 07 Jul 2025 | CA$25.9b | CA$35.8b | CA$1.5b | 16.2x | 17.8x | 0.7x |
| Wed, 04 Jun 2025 | CA$23.9b | CA$35.7b | CA$1.5b | 14.8x | 16.4x | 0.7x |
| Fri, 02 May 2025 | CA$21.5b | CA$35.1b | CA$1.5b | 11.6x | 14.5x | 0.6x |
| Sun, 30 Mar 2025 | CA$21.5b | CA$35.1b | CA$1.5b | 12.6x | 14.4x | 0.6x |
| Tue, 25 Feb 2025 | CA$23.3b | CA$34.8b | CA$1.5b | 13.5x | 15.4x | 0.7x |
| Thu, 23 Jan 2025 | CA$22.9b | CA$34.5b | CA$1.5b | 13.4x | 15.6x | 0.7x |
| Sat, 21 Dec 2024 | CA$22.0b | CA$34.5b | CA$1.5b | 13.5x | 14.9x | 0.6x |
| Mon, 18 Nov 2024 | CA$22.8b | CA$34.4b | CA$1.5b | 14x | 15.4x | 0.7x |
| Wed, 16 Oct 2024 | CA$24.8b | CA$34.1b | CA$1.6b | 12.1x | 15.5x | 0.7x |
| Fri, 13 Sep 2024 | CA$22.8b | CA$34.0b | CA$1.6b | 10.6x | 14.1x | 0.7x |
| Sun, 11 Aug 2024 | CA$22.7b | CA$31.6b | CA$1.6b | 10.6x | 14.2x | 0.7x |
| Tue, 09 Jul 2024 | CA$22.4b | CA$31.4b | CA$1.7b | 9.6x | 13.6x | 0.7x |
| Thu, 06 Jun 2024 | CA$22.8b | CA$31.4b | CA$1.7b | 10.8x | 13.8x | 0.7x |
| Sat, 04 May 2024 | CA$23.4b | CA$31.3b | CA$1.7b | 10.1x | 14x | 0.7x |
| Mon, 01 Apr 2024 | CA$24.5b | CA$31.5b | CA$1.7b | 10.3x | 14.3x | 0.8x |
| Wed, 28 Feb 2024 | CA$23.4b | CA$31.6b | CA$1.7b | 9.8x | 13.6x | 0.7x |
| Fri, 26 Jan 2024 | CA$22.8b | CA$31.7b | CA$1.8b | 9.6x | 12.7x | 0.7x |
| Sun, 24 Dec 2023 | CA$23.1b | CA$31.7b | CA$1.8b | 9.7x | 12.7x | 0.7x |
| Tue, 21 Nov 2023 | CA$21.8b | CA$31.8b | CA$1.8b | 8.4x | 12x | 0.7x |
| Thu, 19 Oct 2023 | CA$21.2b | CA$31.8b | CA$1.8b | 7.8x | 11.6x | 0.7x |
| Sat, 16 Sep 2023 | CA$22.5b | CA$31.8b | CA$1.8b | 8.2x | 12.2x | 0.7x |
| Mon, 14 Aug 2023 | CA$23.3b | CA$31.8b | CA$1.8b | 8.4x | 12.6x | 0.7x |
| Wed, 12 Jul 2023 | CA$22.0b | CA$31.7b | CA$1.9b | 7.4x | 11.8x | 0.7x |
| Fri, 09 Jun 2023 | CA$21.6b | CA$31.8b | CA$1.9b | 6.9x | 11.4x | 0.7x |
11.4x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | -0.35% | |
| Industrials | 1.00% | |
| Trade Distributors | 1.02% | |
| Trade Companies and Distributors | 1.02% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FTT Finning International | CA$105.90 | 2.4% +CA$323.2m | 112.0% | PE26.7x | |
| RUS Russel Metals | CA$61.42 | 2.8% +CA$90.5m | 46.2% | PE17.1x | |
| WJX Wajax | CA$29.02 | 1.6% +CA$10.2m | 32.0% | PE10.2x | |
| DBM Doman Building Materials Group | CA$10.41 | 0.9% +CA$7.9m | 23.3% | PE11.3x | |
| RCH Richelieu Hardware | CA$39.39 | 0.3% +CA$5.5m | 14.9% | PE25x |