Narrative Update • May 26

The Trade Distributors is pretty flat in the last 7 days, but Finning International has stood out, gaining 3.1%. The past year has been better, since the industry has gained 76% in that time. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Thu, 04 Jun 2026 | CA$41.2b | CA$33.5b | CA$1.6b | 16.5x | 25.9x | 1.2x |
| Sat, 02 May 2026 | CA$39.1b | CA$33.2b | CA$1.6b | 16.3x | 24.8x | 1.2x |
| Mon, 30 Mar 2026 | CA$34.9b | CA$33.1b | CA$1.6b | 14.5x | 22.4x | 1.1x |
| Wed, 25 Feb 2026 | CA$36.8b | CA$33.2b | CA$1.5b | 15.6x | 24.1x | 1.1x |
| Fri, 23 Jan 2026 | CA$34.6b | CA$36.9b | CA$1.6b | 16.1x | 21.9x | 0.9x |
| Sun, 21 Dec 2025 | CA$31.1b | CA$36.9b | CA$1.6b | 15x | 19.7x | 0.8x |
| Tue, 18 Nov 2025 | CA$30.6b | CA$36.9b | CA$1.6b | 15x | 19.4x | 0.8x |
| Thu, 16 Oct 2025 | CA$29.6b | CA$36.3b | CA$1.5b | 14.6x | 19.8x | 0.8x |
| Sat, 13 Sep 2025 | CA$27.4b | CA$36.2b | CA$1.5b | 14.4x | 18.3x | 0.8x |
| Mon, 11 Aug 2025 | CA$26.5b | CA$36.2b | CA$1.5b | 14x | 17.7x | 0.7x |
| Wed, 09 Jul 2025 | CA$25.9b | CA$35.8b | CA$1.5b | 16.3x | 17.8x | 0.7x |
| Fri, 06 Jun 2025 | CA$24.0b | CA$35.7b | CA$1.5b | 14.7x | 16.5x | 0.7x |
| Sun, 04 May 2025 | CA$21.2b | CA$35.1b | CA$1.5b | 11.8x | 14.3x | 0.6x |
| Tue, 01 Apr 2025 | CA$21.5b | CA$35.1b | CA$1.5b | 12.5x | 14.3x | 0.6x |
| Thu, 27 Feb 2025 | CA$23.5b | CA$34.8b | CA$1.5b | 13.6x | 15.6x | 0.7x |
| Sat, 25 Jan 2025 | CA$23.4b | CA$34.5b | CA$1.5b | 13.4x | 15.9x | 0.7x |
| Mon, 23 Dec 2024 | CA$22.3b | CA$34.5b | CA$1.5b | 13.5x | 15.1x | 0.6x |
| Wed, 20 Nov 2024 | CA$22.7b | CA$34.3b | CA$1.5b | 13.9x | 15.3x | 0.7x |
| Fri, 18 Oct 2024 | CA$24.8b | CA$34.1b | CA$1.6b | 12.1x | 15.5x | 0.7x |
| Sun, 15 Sep 2024 | CA$23.4b | CA$34.0b | CA$1.6b | 10.7x | 14.5x | 0.7x |
| Tue, 13 Aug 2024 | CA$22.7b | CA$31.6b | CA$1.6b | 10.5x | 14.2x | 0.7x |
| Thu, 11 Jul 2024 | CA$22.3b | CA$31.4b | CA$1.7b | 9.6x | 13.5x | 0.7x |
| Sat, 08 Jun 2024 | CA$22.9b | CA$31.5b | CA$1.7b | 10.4x | 13.9x | 0.7x |
| Mon, 06 May 2024 | CA$23.2b | CA$31.3b | CA$1.7b | 10.1x | 13.9x | 0.7x |
| Wed, 03 Apr 2024 | CA$24.5b | CA$31.5b | CA$1.7b | 9.8x | 14.3x | 0.8x |
| Fri, 01 Mar 2024 | CA$23.4b | CA$31.6b | CA$1.7b | 9.9x | 13.6x | 0.7x |
| Sun, 28 Jan 2024 | CA$23.2b | CA$31.7b | CA$1.8b | 9.8x | 12.9x | 0.7x |
| Tue, 26 Dec 2023 | CA$23.1b | CA$31.7b | CA$1.8b | 9.7x | 12.7x | 0.7x |
| Thu, 23 Nov 2023 | CA$21.7b | CA$31.8b | CA$1.8b | 8.3x | 12x | 0.7x |
| Sat, 21 Oct 2023 | CA$20.9b | CA$31.8b | CA$1.8b | 7.8x | 11.5x | 0.7x |
| Mon, 18 Sep 2023 | CA$22.5b | CA$31.8b | CA$1.8b | 8.1x | 12.2x | 0.7x |
| Wed, 16 Aug 2023 | CA$22.9b | CA$31.8b | CA$1.8b | 8x | 12.5x | 0.7x |
| Fri, 14 Jul 2023 | CA$22.1b | CA$31.7b | CA$1.9b | 7.6x | 11.9x | 0.7x |
| Sun, 11 Jun 2023 | CA$21.3b | CA$31.8b | CA$1.9b | 7.2x | 11.3x | 0.7x |
11.3x
Which industries have driven the changes within the Canadian Industrials industry?
| CA Market | 0.85% | |
| Industrials | -0.45% | |
| Trade Distributors | 0.93% | |
| Trade Companies and Distributors | 0.93% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FTT Finning International | CA$107.51 | 3.1% +CA$425.7m | 112.9% | PE27.1x | |
| RUS Russel Metals | CA$63.08 | 4.0% +CA$133.8m | 47.4% | PE17.5x | |
| ADEN ADENTRA | CA$33.89 | 1.9% +CA$15.0m | 25.5% | PE8.9x | |
| RCH Richelieu Hardware | CA$39.74 | 0.7% +CA$14.8m | 15.2% | PE25.2x | |
| WJX Wajax | CA$29.35 | 0.9% +CA$5.7m | 30.3% | PE10.3x |