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Canadian (TSX) Media Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies12
  • 7D0.02%
  • 3M11.7%
  • 1Y-7.3%
  • YTD0.7%

Last week, the Media industry hasn't moved much but Stingray Group is up 3.0% in that time. As for the longer term, the industry has declined 7.1% in the last year. Earnings are forecast to grow by 2.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024CA$3.6bCA$5.7b-CA$285,066,368.3810.4x-12.6x0.6x
Thu, 15 Feb 2024CA$3.7bCA$5.8b-CA$269,457,722.3010.1x-13.7x0.6x
Sat, 13 Jan 2024CA$24.0bCA$11.3bCA$471.0m15.6x51x2.1x
Mon, 11 Dec 2023CA$23.9bCA$11.3bCA$491.2m14.9x48.6x2.1x
Wed, 08 Nov 2023CA$23.7bCA$11.8bCA$1.0b8.1x22.9x2x
Fri, 06 Oct 2023CA$24.0bCA$11.8bCA$644.7m8.5x37.2x2x
Sun, 03 Sep 2023CA$32.2bCA$19.7bCA$1.3b10x24.1x1.6x
Tue, 01 Aug 2023CA$32.8bCA$19.3bCA$1.4b11x24x1.7x
Thu, 29 Jun 2023CA$32.6bCA$19.3bCA$2.0b11.9x16.6x1.7x
Sat, 27 May 2023CA$32.9bCA$19.4bCA$2.0b12.8x16.8x1.7x
Mon, 24 Apr 2023CA$33.5bCA$19.3bCA$2.0b13.5x16.9x1.7x
Wed, 22 Mar 2023CA$31.9bCA$19.3bCA$2.0b13.4x15.6x1.7x
Fri, 17 Feb 2023CA$33.0bCA$19.3bCA$2.1b13.8x15.8x1.7x
Sun, 15 Jan 2023CA$32.2bCA$19.2bCA$2.1b12.4x15.4x1.7x
Tue, 13 Dec 2022CA$30.5bCA$19.2bCA$2.1b10.4x14.2x1.6x
Thu, 10 Nov 2022CA$29.3bCA$18.7bCA$1.8b7.6x16.5x1.6x
Sat, 08 Oct 2022CA$27.9bCA$18.6bCA$2.2b6.4x12.9x1.5x
Mon, 05 Sep 2022CA$29.7bCA$18.6bCA$2.2b7.6x13.8x1.6x
Wed, 03 Aug 2022CA$30.3bCA$18.6bCA$2.1b9.1x14.3x1.6x
Fri, 01 Jul 2022CA$32.3bCA$18.4bCA$2.3b10.2x14.3x1.8x
Sun, 29 May 2022CA$32.9bCA$18.3bCA$2.3b11.6x14.4x1.8x
Tue, 26 Apr 2022CA$35.9bCA$18.3bCA$2.3b11.6x15.6x2x
Thu, 24 Mar 2022CA$34.9bCA$18.2bCA$2.3b12.1x14.9x1.9x
Sat, 19 Feb 2022CA$34.6bCA$18.1bCA$2.4b12.3x14.6x1.9x
Mon, 17 Jan 2022CA$34.9bCA$18.1bCA$2.4b11.8x14.8x1.9x
Wed, 15 Dec 2021CA$33.7bCA$17.9bCA$2.3b11.4x14.5x1.9x
Fri, 12 Nov 2021CA$34.7bCA$17.8bCA$2.3b11.7x14.9x2x
Sun, 10 Oct 2021CA$35.3bCA$17.6bCA$2.2b10.9x15.9x2x
Tue, 07 Sep 2021CA$35.8bCA$17.6bCA$2.2b11.5x16.2x2x
Thu, 05 Aug 2021CA$35.4bCA$17.6bCA$2.2b12.7x16x2x
Sun, 09 May 2021CA$35.8bCA$17.2bCA$1.3b11.6x28.5x2.1x
Price to Earnings Ratio

27.7x


Total Market Cap: CA$34.8bTotal Earnings: CA$1.3bTotal Revenue: CA$17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Media Industry Price to Earnings3Y Average 19.1x202220232024
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 1.8x is higher than the industry's current PS ratio of 0.63x.
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 31% per year, which is driving profits down.

Industry Trends

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

CA Market0.35%
Telecom-3.79%
Media0.017%
Broadcasting1.42%
Cable and Satellite0.32%
Advertising-5.42%
Publishing-10.05%
Industry PE
  • Investors are most optimistic about the Cable and Satellite industry even though it's trading below its 3-year average PE ratio of 16.0x.
    • Analysts are expecting annual earnings decline of 4.3%, which is less than its past year's earnings decline of 13.5%.
Forecasted Growth
  • Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 42% over the next 5 years.
  • In contrast, the Cable and Satellite industry is expected to see its earnings decline by 4.3% 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
RAY.A Stingray GroupCA$7.683.8%
+CA$19.2m
31.5%PE14.3x
ZUM ZoomerMediaCA$0.0320.0%
+CA$3.4m
-45.5%PS0.3x
PNC.B Postmedia Network CanadaCA$1.371.5%
+CA$2.0m
n/aPS0.3x
XCYT Xcyte DigitalCA$0.1412.0%
+CA$126.4
n/aPS0.0006x
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