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Canadian (TSX) Packaging Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies7
  • 7D1.0%
  • 3M-6.1%
  • 1Y20.9%
  • YTD22.7%

Over the last 7 days, the Packaging industry has risen 1.0%, driven by gains in Transcontinental and Winpak of 1.8% and 0.8%, respectively. In the last 12 months, the industry was up 21%. Looking forward, 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
Tue, 31 Dec 2024CA$19.4bCA$16.7bCA$1.0b12.8x19.4x1.2x
Thu, 28 Nov 2024CA$19.6bCA$16.7bCA$988.9m14.6x19.8x1.2x
Sat, 26 Oct 2024CA$20.7bCA$16.5bCA$994.0m15.2x20.9x1.3x
Mon, 23 Sep 2024CA$20.3bCA$16.4bCA$982.3m14.7x20.7x1.2x
Wed, 21 Aug 2024CA$19.5bCA$16.4bCA$957.5m15.2x20.3x1.2x
Fri, 19 Jul 2024CA$18.7bCA$16.2bCA$856.9m14.4x21.8x1.1x
Sun, 16 Jun 2024CA$18.5bCA$16.2bCA$857.2m14.6x21.6x1.1x
Tue, 14 May 2024CA$18.5bCA$16.3bCA$861.7m14.7x21.5x1.1x
Thu, 11 Apr 2024CA$17.7bCA$16.3bCA$788.9m12.5x22.5x1.1x
Sat, 09 Mar 2024CA$18.3bCA$16.3bCA$773.3m14.2x23.7x1.1x
Mon, 05 Feb 2024CA$18.4bCA$18.3bCA$892.8m14.1x20.6x1x
Wed, 03 Jan 2024CA$18.3bCA$18.3bCA$892.2m13.8x20.6x1x
Fri, 01 Dec 2023CA$17.6bCA$18.3bCA$914.4m13x19.2x1x
Sun, 29 Oct 2023CA$16.9bCA$18.3bCA$884.2m11x19.1x0.9x
Tue, 26 Sep 2023CA$17.7bCA$18.3bCA$872.6m10.3x20.3x1x
Thu, 24 Aug 2023CA$18.5bCA$18.4bCA$889.8m9.4x20.8x1x
Sat, 22 Jul 2023CA$19.4bCA$18.3bCA$873.0m9.7x22.3x1.1x
Mon, 19 Jun 2023CA$19.1bCA$18.3bCA$872.8m10.9x21.8x1x
Wed, 17 May 2023CA$20.4bCA$18.3bCA$883.8m10.3x23.1x1.1x
Fri, 14 Apr 2023CA$20.1bCA$18.0bCA$922.3m10x21.8x1.1x
Sun, 12 Mar 2023CA$19.1bCA$18.1bCA$928.7m9.7x20.5x1.1x
Tue, 07 Feb 2023CA$19.0bCA$17.8bCA$840.9m15.4x22.6x1.1x
Thu, 05 Jan 2023CA$18.5bCA$17.8bCA$839.6m16.2x22x1x
Sat, 03 Dec 2022CA$19.1bCA$17.8bCA$818.3m16.1x23.4x1.1x
Mon, 31 Oct 2022CA$19.7bCA$17.5bCA$818.1m15.9x24.1x1.1x
Wed, 28 Sep 2022CA$19.5bCA$17.4bCA$793.4m17.7x24.5x1.1x
Fri, 26 Aug 2022CA$19.6bCA$17.2bCA$777.8m18.4x25.2x1.1x
Sun, 24 Jul 2022CA$19.6bCA$16.8bCA$751.2m18.8x26.1x1.2x
Tue, 21 Jun 2022CA$18.5bCA$16.7bCA$753.3m17.4x24.6x1.1x
Thu, 19 May 2022CA$19.3bCA$16.6bCA$751.7m18.1x25.7x1.2x
Sat, 16 Apr 2022CA$18.5bCA$16.2bCA$856.0m18.3x21.6x1.1x
Mon, 14 Mar 2022CA$19.1bCA$16.2bCA$857.8m19.3x22.3x1.2x
Wed, 09 Feb 2022CA$19.4bCA$16.9bCA$1.1b14.1x17x1.1x
Fri, 07 Jan 2022CA$19.7bCA$16.9bCA$1.1b15x17.3x1.2x
Price to Earnings Ratio

17.3x


Total Market Cap: CA$19.7bTotal Earnings: CA$1.1bTotal Revenue: CA$16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 21.7x20232024
Current Industry PE
  • Investors are pessimistic on the Canadian Packaging industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.4x which is lower than its 3-year average PE of 21.7x.
  • 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 4.2% 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 Market0.87%
Materials0.76%
Packaging1.01%
Paper Packaging2.84%
Metal and Glass Containers0.88%
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 18.9x.
    • Analysts are expecting annual earnings growth of 7.8%, which is higher than its past year's earnings growth of 6.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 102% over the next 5 years.
  • However this is lower than its past earnings growth rate of 185% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 7.8% 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
CAS CascadesCA$11.861.5%
+CA$18.2m		-6.8%PS0.3x
TCL.A TranscontinentalCA$18.340.9%
+CA$13.5m		33.9%PE12.7x
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Latest News

TCL.A

CA$18.34

Transcontinental

7D

0.9%

1Y

33.9%

RPI.UN

CA$29.55

Richards Packaging Income Fund

7D

-0.2%

1Y

-14.7%

CAS

CA$11.86

Cascades

7D

1.5%

1Y

-6.8%

Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky

Dec 16
Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky

WPK

CA$47.78

Winpak

7D

-0.1%

1Y

16.8%

CCL.B

CA$73.47

CCL Industries

7D

-1.3%

1Y

23.3%

IFX

CA$1.41

Imaflex

7D

-6.0%

1Y

58.4%

NEXE

CA$0.38

NEXE Innovations

7D

-1.3%

1Y

81.0%