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Canadian (TSX) Packaging Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies8
  • 7D-2.0%
  • 3M-11.3%
  • 1Y-11.0%
  • YTD-2.7%

Over the last 7 days, the Packaging industry has dropped 2.0%, driven by a pullback from CCL Industries of 2.4%. The industry has fallen 11% in the last year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023CA$16.9bCA$18.3bCA$884.2m11x19.1x0.9x
Wed, 27 Sep 2023CA$17.6bCA$18.3bCA$873.4m10.3x20.1x1x
Fri, 25 Aug 2023CA$18.4bCA$18.4bCA$890.4m9.4x20.7x1x
Sun, 23 Jul 2023CA$19.4bCA$18.3bCA$873.0m9.7x22.3x1.1x
Tue, 20 Jun 2023CA$19.1bCA$18.3bCA$872.9m10.9x21.9x1x
Thu, 18 May 2023CA$20.6bCA$18.3bCA$883.9m10.4x23.3x1.1x
Sat, 15 Apr 2023CA$19.8bCA$18.0bCA$922.7m9.9x21.4x1.1x
Mon, 13 Mar 2023CA$19.1bCA$18.1bCA$928.7m9.7x20.5x1.1x
Wed, 08 Feb 2023CA$19.2bCA$17.8bCA$840.8m16x22.8x1.1x
Fri, 06 Jan 2023CA$18.4bCA$17.8bCA$840.9m16x21.9x1x
Sun, 04 Dec 2022CA$19.1bCA$17.8bCA$818.3m16.1x23.4x1.1x
Tue, 01 Nov 2022CA$19.3bCA$17.5bCA$818.3m15.5x23.6x1.1x
Thu, 29 Sep 2022CA$19.6bCA$17.4bCA$792.7m18.1x24.7x1.1x
Sat, 27 Aug 2022CA$19.5bCA$17.2bCA$778.5m18.1x25.1x1.1x
Mon, 25 Jul 2022CA$19.6bCA$16.8bCA$751.2m18.8x26.1x1.2x
Wed, 22 Jun 2022CA$18.4bCA$16.7bCA$745.3m17.2x24.7x1.1x
Fri, 20 May 2022CA$19.0bCA$16.6bCA$751.3m18x25.3x1.1x
Sun, 17 Apr 2022CA$18.5bCA$16.2bCA$856.0m18.3x21.6x1.1x
Tue, 15 Mar 2022CA$19.1bCA$16.2bCA$858.6m19.1x22.2x1.2x
Thu, 10 Feb 2022CA$19.6bCA$16.8bCA$1.1b14.2x17.3x1.2x
Sat, 08 Jan 2022CA$19.7bCA$16.8bCA$1.1b15.1x17.3x1.2x
Mon, 06 Dec 2021CA$19.0bCA$16.8bCA$1.2b14.7x16.5x1.1x
Wed, 03 Nov 2021CA$20.6bCA$16.4bCA$1.2b15.9x17.5x1.3x
Fri, 01 Oct 2021CA$20.3bCA$16.5bCA$1.2b15.6x16.8x1.2x
Sun, 29 Aug 2021CA$22.2bCA$16.4bCA$1.2b15.6x18.5x1.4x
Mon, 05 Jul 2021CA$20.9bCA$16.4bCA$1.2b15.3x17.1x1.3x
Thu, 08 Apr 2021CA$21.6bCA$16.1bCA$1.2b15.9x18.1x1.3x
Sun, 10 Jan 2021CA$18.9bCA$16.2bCA$1.1b15.4x16.5x1.2x
Price to Earnings Ratio

17.4x


Total Market Cap: CA$16.5bTotal Earnings: CA$950.0mTotal Revenue: CA$15.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 20.4x202120222023
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 20.4x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 2.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% per year.
  • This means that although more sales are being generated, 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-1.70%
Materials-1.65%
Packaging-2.00%
Metal and Glass Containers-1.98%
Paper Packaging-2.24%
Industry PE
  • Investors are most optimistic about the Metal and Glass Containers industry even though it's trading below its 3-year average PE ratio of 19.0x.
    • Analysts are expecting annual earnings growth of 25.5%, which is higher than its past year's earnings growth of 8.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 8.4% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 25% 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
RPI.UN Richards Packaging Income FundCA$33.500.3%
+CA$1.1m		-26.5%PE8.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

WPK

CA$37.59

Winpak

7D

-3.2%

1Y

-9.5%

RPI.UN

CA$33.50

Richards Packaging Income Fund

7D

0.3%

1Y

-26.5%

Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Oct 24
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

CCL.B

CA$54.40

CCL Industries

7D

-1.5%

1Y

-15.0%

CAS

CA$11.07

Cascades

7D

-0.09%

1Y

25.2%

NEXE

CA$0.26

NEXE Innovations

7D

-1.9%

1Y

4.0%

TCL.A

CA$10.33

Transcontinental

7D

-1.6%

1Y

-33.6%