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Canadian (TSX) Packaging Industry Analysis

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies7
  • 7D0.2%
  • 3M2.7%
  • 1Y10.5%
  • YTD15.7%

In the last week, the Packaging industry is flat overall, with Cascades standing out by going down 3.8%. The past year has been better, since the industry has gained 10% in that time. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 05 Dec 2021CA$19.0bCA$16.8bCA$1.2b14.7x16.5x1.1x
Tue, 02 Nov 2021CA$20.3bCA$16.4bCA$1.2b15.9x17.3x1.2x
Thu, 30 Sep 2021CA$20.5bCA$16.5bCA$1.2b15.8x17x1.2x
Sat, 28 Aug 2021CA$22.2bCA$16.4bCA$1.2b15.6x18.5x1.4x
Sun, 04 Jul 2021CA$20.9bCA$16.4bCA$1.2b15.3x17.1x1.3x
Price to Earnings Ratio

17.1x


Total Market Cap: CA$20.9bTotal Earnings: CA$1.2bTotal Revenue: CA$16.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 21.1x202220232024
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 21.1x.
  • 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 11% 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 Market-2.19%
Materials-2.18%
Packaging0.24%
Metal and Glass Containers0.49%
Paper Packaging-3.87%
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 16.3%, which is higher than its past year's earnings decline of 11.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 122% over the next 5 years.
  • This is better than its past earnings decline of 82% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 16% 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
CCL.B CCL IndustriesCA$72.680.9%
+CA$111.2m		17.6%PE23.4x
TCL.A TranscontinentalCA$14.730.3%
+CA$3.5m		-0.1%PE13.8x
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