Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Media Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies9
  • 7D4.2%
  • 3M4.4%
  • 1Y51.7%
  • YTD3.3%

The Media industry is up 4.2% in the last week, with Stingray Group up 3.8%. This takes the industry's 12 month performance to a gain of 52%. As for the next few years, earnings are expected to grow by 42% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026CA$1.1bCA$1.2bCA$54.8m6.3x20.8x0.9x
Sat, 21 Feb 2026CA$1.2bCA$1.2b-CA$4,110,449.6410.9x-295.2x1x
Mon, 19 Jan 2026CA$1.2bCA$1.1bCA$4.0m10.2x286.7x1x
Wed, 17 Dec 2025CA$1.1bCA$1.1bCA$4.1m5.1x263.7x0.9x
Fri, 14 Nov 2025CA$981.7mCA$1.1b-CA$2,000,506.156.7x-490.7x0.9x
Sun, 12 Oct 2025CA$804.2mCA$1.1b-CA$13,360,118.697.9x-60.2x0.7x
Tue, 09 Sep 2025CA$780.2mCA$1.1b-CA$13,336,046.635.5x-58.5x0.7x
Thu, 07 Aug 2025CA$838.0mCA$1.1b-CA$9,237,964.772.9x-90.7x0.8x
Sat, 05 Jul 2025CA$805.7mCA$1.1b-CA$16,837,737.712.9x-47.9x0.7x
Mon, 02 Jun 2025CA$617.1mCA$1.1b-CA$63,995,594.112.4x-9.6x0.6x
Wed, 30 Apr 2025CA$697.5mCA$1.1b-CA$69,035,892.622.9x-10.1x0.6x
Fri, 28 Mar 2025CA$719.7mCA$1.1b-CA$69,715,054.903.8x-10.3x0.6x
Sun, 23 Feb 2025CA$724.4mCA$1.1b-CA$134,573,774.353.9x-5.4x0.6x
Tue, 21 Jan 2025CA$609.6mCA$1.1b-CA$155,922,925.023.8x-3.9x0.5x
Thu, 19 Dec 2024CA$628.3mCA$1.1b-CA$155,783,435.963.8x-4x0.6x
Sat, 16 Nov 2024CA$720.1mCA$1.2b-CA$159,720,995.323.7x-4.5x0.6x
Mon, 14 Oct 2024CA$646.2mCA$1.2b-CA$163,565,131.263.8x-4x0.5x
Wed, 11 Sep 2024CA$643.1mCA$1.2b-CA$163,531,488.244.3x-3.9x0.5x
Fri, 09 Aug 2024CA$675.9mCA$1.2b-CA$173,660,353.855.4x-3.9x0.6x
Sun, 07 Jul 2024CA$677.6mCA$2.6b-CA$590,314,147.255.6x-1.1x0.3x
Tue, 04 Jun 2024CA$737.1mCA$2.6b-CA$540,720,369.4910.6x-1.4x0.3x
Thu, 02 May 2024CA$998.9mCA$2.8b-CA$748,617,885.3412.4x-1.3x0.4x
Sat, 30 Mar 2024CA$3.6bCA$5.8b-CA$371,253,914.7110.5x-9.7x0.6x
Mon, 26 Feb 2024CA$3.7bCA$5.7b-CA$285,049,126.2010.3x-12.8x0.6x
Wed, 24 Jan 2024CA$24.1bCA$11.3bCA$471.0m16.2x51.1x2.1x
Fri, 22 Dec 2023CA$23.9bCA$11.3bCA$491.3m15.1x48.6x2.1x
Sun, 19 Nov 2023CA$23.6bCA$11.3bCA$500.1m8.9x47.1x2.1x
Tue, 17 Oct 2023CA$24.0bCA$11.8bCA$644.7m8.5x37.3x2x
Thu, 14 Sep 2023CA$24.2bCA$11.8bCA$644.7m10.3x37.5x2.1x
Sat, 12 Aug 2023CA$33.1bCA$19.7bCA$1.3b10.1x24.7x1.7x
Mon, 10 Jul 2023CA$33.2bCA$19.3bCA$1.4b12.2x23x1.7x
Wed, 07 Jun 2023CA$32.8bCA$19.3bCA$2.0b12.2x16.7x1.7x
Fri, 05 May 2023CA$32.9bCA$19.3bCA$2.0b12.9x16.6x1.7x
Sun, 02 Apr 2023CA$33.2bCA$19.3bCA$2.0b12.9x16.4x1.7x
Price to Earnings Ratio

16.4x


Total Market Cap: CA$33.2bTotal Earnings: CA$2.0bTotal Revenue: CA$19.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Media Industry Price to Earnings3Y Average 23.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Media 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 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 70% per year over the last three years,
  • Revenues have also declined 60% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

CA Market0.31%
Telecom-0.24%
Media4.19%
Broadcasting4.39%
Advertising4.31%
Publishing0%0
Cable and Satellite0%0
Industry PE
  • Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 5.4x.
    • Analysts are expecting annual earnings growth of 41.7% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 42% over the next 5 years.
  • In contrast, the Broadcasting industry is expected to see its earnings grow by 42% 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 Stingray GroupCA$14.352.5%
+CA$23.8m		59.6%PE22.3x
INIK IonikCA$0.04550.0%
+CA$5.4m		-52.6%PS0.06x
QYOU QYOU MediaCA$0.3512.9%
+CA$2.1m		-2.8%PS0.6x
SPN Snipp InteractiveCA$0.05510.0%
+CA$1.4m		-26.7%PS0.5x

Latest News

QYOU
CA$0.35
QYOU Media
7D
12.9%
1Y
-2.8%
INIK
CA$0.045
Ionik
7D
50.0%
1Y
-52.6%
SBIO
CA$0.22
Sabio Holdings
7D
-8.3%
1Y
-63.9%
RAY
CA$14.35
Stingray Group
7D
2.5%
1Y
59.6%

Programmatic Audio And Connected TV Expansion Will Redefine This Media Platform’s Outlook

Catalysts About Stingray Group Stingray Group provides music, audio and video experiences across connected TVs, smart speakers, cars, mobile devices, retail locations and traditional radio. What are the underlying business or industry changes driving this perspective?
SPN
CA$0.055
Snipp Interactive
7D
10.0%
1Y
-26.7%
TVA.B
CA$1.04
TVA Group
7D
-4.6%
1Y
22.4%
CISC
CA$0.02
Ciscom
7D
-20.0%
1Y
-42.9%