Has the Canadian Entertainment Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||CA$2.2b||CA$1.7b||-CA$149,361,410.00||38.1x|
|Fri, 29 Oct 2021||CA$4.7b||CA$1.4b||-CA$201,768,067.00||32.8x|
|Sun, 26 Sep 2021||CA$4.6b||CA$1.4b||-CA$199,051,844.00||31.3x|
|Tue, 24 Aug 2021||CA$4.3b||CA$1.4b||-CA$202,591,185.26||27.9x|
|Wed, 30 Jun 2021||CA$3.4b||CA$1.4b||-CA$203,111,533.15||28.3x|
|Sat, 03 Apr 2021||CA$3.8b||CA$1.2b||-CA$184,675,406.33||18.5x|
|Tue, 05 Jan 2021||CA$1.6b||CA$721.9m||-CA$272,366,796.62||16.9x|
|Fri, 09 Oct 2020||CA$1.2b||CA$1.4b||-CA$647,814,449.00||12.7x|
|Thu, 02 Jul 2020||CA$1.2b||CA$1.7b||-CA$553,842,980.70||14.7x|
|Sun, 05 Apr 2020||CA$1.1b||CA$2.2b||-CA$468,796,981.00||4.8x|
|Wed, 08 Jan 2020||CA$2.8b||CA$2.3b||-CA$88,122,383.00||16.5x|
|Tue, 01 Oct 2019||CA$2.1b||CA$2.3b||-CA$96,908,827.00||17.7x|
|Fri, 05 Jul 2019||CA$2.0b||CA$2.3b||-CA$103,170,886.17||16.1x|
|Mon, 08 Apr 2019||CA$2.1b||CA$2.2b||-CA$82,348,919.74||23.7x|
|Thu, 10 Jan 2019||CA$2.2b||CA$2.2b||-CA$25,792,819.71||18.8x|
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: Total earnings for the Entertainment industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 9.8% per year. This means overall sales are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Canadian Entertainment industry?
|Interactive Home Entertainment||2.37%|
|Movies and Entertainment||-0.79%|
Industry PE: Investors are most optimistic about the Interactive Home Entertainment industry even though it's trading below its 3-year average PE ratio of 81.5x. This is likely because analysts are expecting annual earnings growth of 165%, which is higher than its past year's earnings decline of 72% per year. Meanwhile, investors are most pessimistic about the Movies and Entertainment industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 19.3x.
Forecasted Growth: Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 165% over the next 5 years. This is better than its past earnings decline of 72% per year. Meanwhile, the Movies and Entertainment industry is expected to see its earnings grow by 95% per year over the next few years.
Which companies have driven the market over the last 7 days?
Engine Gaming and Media
Wow Unlimited Media
Thunderbird Entertainment Group
Network Media Group
Boat Rocker Media
Alpha Esports Tech