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Canadian (TSX) Media Industry Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies12
  • 7D-1.8%
  • 3M-13.4%
  • 1Y-21.2%
  • YTD-3.9%

Over the last 7 days, the Media industry has dropped 1.8%, driven by a pullback from Stingray Group of 2.9%. Meanwhile, Postmedia Network Canada actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 21% in 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024CA$995.1mCA$2.8b-CA$748,494,168.5913.8x-1.3x0.4x
Fri, 22 Mar 2024CA$3.6bCA$5.7b-CA$285,061,805.4610.4x-12.7x0.6x
Sun, 18 Feb 2024CA$3.8bCA$5.8b-CA$269,434,988.4610.3x-14x0.7x
Tue, 16 Jan 2024CA$24.0bCA$11.3bCA$471.0m15.6x51x2.1x
Thu, 14 Dec 2023CA$23.7bCA$11.3bCA$491.2m15x48.2x2.1x
Sat, 11 Nov 2023CA$23.7bCA$11.8bCA$1.0b7.5x22.8x2x
Mon, 09 Oct 2023CA$24.0bCA$11.8bCA$644.7m8.5x37.2x2x
Wed, 06 Sep 2023CA$24.3bCA$11.8bCA$644.6m10x37.7x2.1x
Fri, 04 Aug 2023CA$32.3bCA$19.3bCA$1.4b10.8x23.7x1.7x
Sun, 02 Jul 2023CA$33.0bCA$19.3bCA$1.4b11.9x22.9x1.7x
Tue, 30 May 2023CA$33.0bCA$19.4bCA$2.0b12.7x16.8x1.7x
Thu, 27 Apr 2023CA$33.2bCA$19.3bCA$2.0b13.2x16.8x1.7x
Sat, 25 Mar 2023CA$31.8bCA$19.3bCA$2.0b13.4x15.7x1.6x
Mon, 20 Feb 2023CA$33.0bCA$19.3bCA$2.1b13.9x15.9x1.7x
Wed, 18 Jan 2023CA$32.0bCA$19.2bCA$2.1b12.4x15.3x1.7x
Fri, 16 Dec 2022CA$30.4bCA$19.2bCA$2.1b10.7x14.2x1.6x
Sun, 13 Nov 2022CA$29.9bCA$18.9bCA$1.7b7.8x17.7x1.6x
Tue, 11 Oct 2022CA$27.9bCA$18.6bCA$2.2b6.4x12.9x1.5x
Thu, 08 Sep 2022CA$29.2bCA$18.6bCA$2.2b7.5x13.5x1.6x
Sat, 06 Aug 2022CA$32.6bCA$18.6bCA$2.2b9.2x15.2x1.8x
Mon, 04 Jul 2022CA$32.3bCA$18.4bCA$2.1b10.2x15.3x1.8x
Wed, 01 Jun 2022CA$32.8bCA$18.3bCA$2.3b11.7x14.4x1.8x
Fri, 29 Apr 2022CA$35.3bCA$18.3bCA$2.3b11.2x15.4x1.9x
Sun, 27 Mar 2022CA$35.1bCA$18.2bCA$2.3b12.1x15x1.9x
Tue, 22 Feb 2022CA$34.6bCA$18.1bCA$2.4b12.3x14.7x1.9x
Thu, 20 Jan 2022CA$34.7bCA$18.1bCA$2.4b12x14.7x1.9x
Sat, 18 Dec 2021CA$33.8bCA$17.9bCA$2.3b11.5x14.5x1.9x
Mon, 15 Nov 2021CA$33.5bCA$17.8bCA$2.3b12.1x14.3x1.9x
Wed, 13 Oct 2021CA$35.3bCA$17.6bCA$2.2b10.9x15.9x2x
Fri, 10 Sep 2021CA$35.5bCA$17.6bCA$2.2b11.4x16x2x
Sun, 08 Aug 2021CA$35.2bCA$17.6bCA$2.2b12.4x15.9x2x
Sat, 01 May 2021CA$35.8bCA$17.2bCA$1.3b11.6x28.5x2.1x
Price to Earnings Ratio

28.5x


Total Market Cap: CA$35.8bTotal Earnings: CA$1.3bTotal Revenue: CA$17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Media Industry Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.36x.
Past Earnings Growth
  • Total earnings for the Media industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 45% per year, which is driving profits down.

Industry Trends

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

CA Market1.25%
Telecom2.35%
Media-1.80%
Cable and Satellite0%
Advertising-0.61%
Broadcasting-2.12%
Publishing-6.47%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 18% over the next 5 years.
    • This is roughly in line with its past earnings growth rate.
    • In contrast, the Advertising industry is expected to see its earnings grow by 8.9% 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
    		PNC.B Postmedia Network CanadaCA$1.3711.4%
    +CA$13.9m    		-3.5%PS0.3x
    		AIM AimiaCA$2.351.3%
    +CA$2.8m    		-32.7%PS1.1x
    		CJR.B Corus EntertainmentCA$0.531.9%
    +CA$2.0m    		-63.2%PS0.08x
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    Latest News

    QYOU

    CA$0.05

    QYOU Media

    7D

    -16.7%

    1Y

    -50.0%

    PNC.B

    CA$1.37

    Postmedia Network Canada

    7D

    11.4%

    1Y

    -3.5%

    CJR.B

    CA$0.53

    Corus Entertainment

    7D

    1.9%

    1Y

    -63.2%

    RAY.A

    CA$7.21

    Stingray Group

    7D

    -5.9%

    1Y

    23.0%

    Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

    Mar 23
    Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

    AIM

    CA$2.35

    Aimia

    7D

    1.3%

    1Y

    -32.7%

    FP

    CA$0.47

    FP Newspapers

    7D

    -23.0%

    1Y

    -37.3%

    CISC

    CA$0.09

    Ciscom

    7D

    -18.2%

    1Y

    n/a

    SPN

    CA$0.12

    Snipp Interactive

    7D

    -4.2%

    1Y

    27.8%

    Snipp Interactive Inc. (CVE:SPN) Might Not Be As Mispriced As It Looks

    Mar 09
    Snipp Interactive Inc. (CVE:SPN) Might Not Be As Mispriced As It Looks

    TVA.B

    CA$1.34

    TVA Group

    7D

    -2.2%

    1Y

    -32.0%

    Why Investors Shouldn't Be Surprised By TVA Group Inc.'s (TSE:TVA.B) Low P/S

    Feb 23
    Why Investors Shouldn't Be Surprised By TVA Group Inc.'s (TSE:TVA.B) Low P/S

    XCYT

    CA$0.17

    Xcyte Digital

    7D

    -10.5%

    1Y

    n/a