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Canadian (TSX) Packaging Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies8
  • 7D-2.7%
  • 3M-13.8%
  • 1Y3.3%
  • YTD0.8%

Over the last 7 days, the Packaging industry has dropped 2.7%, driven by a pullback from CCL Industries of 2.7%. This takes the industry's 12 month performance to a gain of 3.3%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021CA$19.1bCA$16.8bCA$1.2b14.5x
Fri, 29 Oct 2021CA$20.3bCA$16.4bCA$1.2b15.5x
Sun, 26 Sep 2021CA$21.2bCA$16.5bCA$1.2b15.7x
Tue, 24 Aug 2021CA$22.0bCA$16.4bCA$1.2b15.6x
Wed, 30 Jun 2021CA$20.9bCA$16.4bCA$1.2b15.3x
Sat, 03 Apr 2021CA$21.6bCA$16.1bCA$1.2b15.9x
Tue, 05 Jan 2021CA$18.9bCA$16.2bCA$1.1b15.4x
Fri, 09 Oct 2020CA$17.0bCA$15.7bCA$1.0b18.8x
Thu, 02 Jul 2020CA$14.7bCA$15.8bCA$924.4m16.9x
Sun, 05 Apr 2020CA$13.8bCA$16.4bCA$934.7m13.6x
Wed, 08 Jan 2020CA$16.9bCA$16.4bCA$942.1m20.3x
Tue, 01 Oct 2019CA$16.4bCA$16.5bCA$871.9m18.8x
Fri, 05 Jul 2019CA$18.1bCA$16.4bCA$855.5m20.3x
Mon, 08 Apr 2019CA$16.1bCA$16.0bCA$909.7m18.2x
Thu, 10 Jan 2019CA$16.0bCA$15.5bCA$977.1m15.8x
PE Ratio

13.4x

Total Market Cap: CA$17.2bTotal Earnings: CA$1.2bTotal Revenue: CA$15.1b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Packaging industry have remained mostly flat over the last three years, while revenues for these companies have grown 3.6% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Canadian Packaging industry?

Metal and Glass Containers-2.53%
Paper Packaging-4.96%

Industry PE: Investors are most optimistic about the Metal and Glass Containers industry even though it's trading below its 3-year average PE ratio of 18.0x. However analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 13% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 16.8x.

Forecasted Growth: Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 46% over the next 5 years. However this is lower than its past earnings growth rate of 146% per year. Meanwhile, the Metal and Glass Containers industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
IFX Imaflex5.5%+CA$3.6m17.5%PE8.2x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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Latest News

IFX

CA$1.34

Imaflex

7D

5.5%

1Y

17.5%

WPK

CA$34.91

Winpak

7D

-8.8%

1Y

-17.9%