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Canadian (TSX) Packaging Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies7
  • 7D-3.3%
  • 3M3.9%
  • 1Y29.4%
  • YTD26.0%

Over the last 7 days, the Packaging industry has dropped 3.3%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 29%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Canadian Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024CA$19.5bCA$16.6bCA$988.3m15x19.8x1.2x
Sat, 19 Oct 2024CA$20.9bCA$16.5bCA$986.7m15x21.2x1.3x
Mon, 16 Sep 2024CA$20.1bCA$16.4bCA$982.7m14.6x20.5x1.2x
Wed, 14 Aug 2024CA$18.7bCA$16.4bCA$958.7m14.9x19.5x1.1x
Fri, 12 Jul 2024CA$18.1bCA$16.2bCA$855.8m14.4x21.2x1.1x
Sun, 09 Jun 2024CA$18.5bCA$16.2bCA$857.6m14.7x21.5x1.1x
Tue, 07 May 2024CA$18.2bCA$16.2bCA$780.9m14.4x23.4x1.1x
Thu, 04 Apr 2024CA$17.5bCA$16.3bCA$786.8m12.9x22.3x1.1x
Sat, 02 Mar 2024CA$17.7bCA$16.3bCA$773.0m14.4x22.8x1.1x
Mon, 29 Jan 2024CA$18.9bCA$18.3bCA$893.9m14.6x21.1x1x
Wed, 27 Dec 2023CA$18.5bCA$18.3bCA$891.1m13.8x20.8x1x
Fri, 24 Nov 2023CA$17.9bCA$18.3bCA$919.2m10.2x19.5x1x
Sun, 22 Oct 2023CA$17.3bCA$18.3bCA$875.9m11x19.7x0.9x
Tue, 19 Sep 2023CA$18.0bCA$18.3bCA$873.0m10.8x20.6x1x
Thu, 17 Aug 2023CA$18.7bCA$18.4bCA$889.8m9.2x21x1x
Sat, 15 Jul 2023CA$19.7bCA$18.3bCA$873.1m9.9x22.6x1.1x
Mon, 12 Jun 2023CA$19.4bCA$18.3bCA$874.8m10.9x22.2x1.1x
Wed, 10 May 2023CA$19.8bCA$18.0bCA$926.3m10.3x21.4x1.1x
Fri, 07 Apr 2023CA$20.0bCA$18.0bCA$924.2m9.7x21.6x1.1x
Sun, 05 Mar 2023CA$19.7bCA$18.0bCA$916.5m15.4x21.5x1.1x
Tue, 31 Jan 2023CA$18.8bCA$17.8bCA$838.5m15.5x22.4x1.1x
Thu, 29 Dec 2022CA$18.1bCA$17.8bCA$841.3m15.8x21.5x1x
Sat, 26 Nov 2022CA$19.5bCA$17.8bCA$817.1m16.7x23.8x1.1x
Mon, 24 Oct 2022CA$19.9bCA$17.5bCA$811.6m16.1x24.5x1.1x
Wed, 21 Sep 2022CA$20.3bCA$17.4bCA$788.6m18.7x25.8x1.2x
Fri, 19 Aug 2022CA$20.0bCA$17.2bCA$776.1m18.9x25.8x1.2x
Sun, 17 Jul 2022CA$19.0bCA$16.7bCA$746.4m17.8x25.4x1.1x
Tue, 14 Jun 2022CA$18.4bCA$16.6bCA$752.0m17.4x24.4x1.1x
Thu, 12 May 2022CA$17.8bCA$16.3bCA$877.3m17.3x20.3x1.1x
Sat, 09 Apr 2022CA$18.6bCA$16.1bCA$855.6m18.3x21.8x1.2x
Mon, 07 Mar 2022CA$18.1bCA$16.0bCA$918.5m14.1x19.8x1.1x
Wed, 02 Feb 2022CA$19.6bCA$16.9bCA$1.1b14.2x17.2x1.2x
Fri, 31 Dec 2021CA$20.2bCA$16.9bCA$1.1b16x17.7x1.2x
Sun, 28 Nov 2021CA$19.1bCA$16.8bCA$1.2b14.5x16.6x1.1x
Price to Earnings Ratio

16.6x


Total Market Cap: CA$19.1bTotal Earnings: CA$1.2bTotal Revenue: CA$16.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 21.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Packaging industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 5.0% 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 Materials industry?

CA Market0.67%
Materials4.22%
Packaging-3.33%
Paper Packaging-0.32%
Metal and Glass Containers-3.52%
Industry PE
  • Investors are most optimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average PE ratio of 18.9x.
    • Analysts are expecting annual earnings growth of 8.1%, which is higher than its past year's earnings growth of 6.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 102% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 8.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
Simply Wall St™
Simply Wall Street Pty Ltd
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