Primo Water (TSE:PRMW) Has A Pretty Healthy Balance Sheet
May 05
Canadian (TSX) Beverage Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D4.4%
- 3M25.2%
- 1Y26.6%
- YTD22.3%
Over the last 7 days, the Beverage industry has risen 4.4%, driven by gains from Primo Water of 6.4%. In the last 12 months, the industry was up 27%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Canadian Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | CA$6.1b | CA$3.1b | CA$71.7m | 34.5x | 84.5x | 1.9x |
| Fri, 05 Apr 2024 | CA$5.7b | CA$3.1b | CA$56.7m | 31.7x | 100.3x | 1.8x |
| Sun, 03 Mar 2024 | CA$5.2b | CA$3.1b | CA$53.9m | 29.3x | 95.7x | 1.7x |
| Tue, 30 Jan 2024 | CA$5.0b | CA$3.9b | CA$87.4m | 20.4x | 57.7x | 1.3x |
| Thu, 28 Dec 2023 | CA$5.0b | CA$3.9b | CA$78.2m | 20.6x | 64.2x | 1.3x |
| Sat, 25 Nov 2023 | CA$5.0b | CA$4.0b | CA$82.3m | 19.5x | 60.5x | 1.3x |
| Mon, 23 Oct 2023 | CA$4.7b | CA$3.9b | CA$26.2m | 24.6x | 179.5x | 1.2x |
| Wed, 20 Sep 2023 | CA$5.1b | CA$18.9b | CA$82.1m | 23.4x | 62.4x | 0.3x |
| Fri, 18 Aug 2023 | CA$5.3b | CA$19.0b | CA$81.3m | 23.5x | 65.7x | 0.3x |
| Sun, 16 Jul 2023 | CA$4.8b | CA$18.1b | -CA$398,900,516.00 | 50.4x | -12.2x | 0.3x |
| Tue, 13 Jun 2023 | CA$4.8b | CA$18.3b | -CA$401,388,928.00 | 48.3x | -12x | 0.3x |
| Thu, 11 May 2023 | CA$5.1b | CA$18.3b | -CA$410,749,006.00 | 52.8x | -12.4x | 0.3x |
| Sat, 08 Apr 2023 | CA$5.2b | CA$18.3b | -CA$322,300,802.00 | 80.6x | -16.1x | 0.3x |
| Mon, 06 Mar 2023 | CA$5.4b | CA$18.4b | -CA$322,900,068.00 | 82.9x | -16.7x | 0.3x |
| Wed, 01 Feb 2023 | CA$5.3b | CA$3.8b | -CA$165,340,807.00 | 84.4x | -32.2x | 1.4x |
| Fri, 30 Dec 2022 | CA$5.4b | CA$3.8b | -CA$166,643,252.00 | 84.7x | -32.2x | 1.4x |
| Sun, 27 Nov 2022 | CA$5.3b | CA$3.8b | -CA$158,293,354.00 | 47.6x | -33.5x | 1.4x |
| Tue, 25 Oct 2022 | CA$5.1b | CA$3.8b | -CA$119,778,761.00 | 37.8x | -42.7x | 1.3x |
| Thu, 22 Sep 2022 | CA$5.0b | CA$3.7b | -CA$135,291,732.00 | 22.2x | -36.8x | 1.3x |
| Sat, 20 Aug 2022 | CA$5.3b | CA$3.7b | -CA$120,702,021.00 | 21.7x | -44x | 1.5x |
| Mon, 18 Jul 2022 | CA$5.1b | CA$3.6b | -CA$98,794,659.00 | 26.7x | -51.6x | 1.4x |
| Wed, 15 Jun 2022 | CA$5.1b | CA$3.6b | -CA$102,666,619.00 | 25.8x | -49.6x | 1.4x |
| Fri, 13 May 2022 | CA$5.3b | CA$3.5b | -CA$90,033,211.00 | 20.8x | -59.4x | 1.5x |
| Sun, 10 Apr 2022 | CA$5.4b | CA$3.4b | -CA$69,156,946.00 | 23.4x | -78.1x | 1.6x |
| Tue, 08 Mar 2022 | CA$5.5b | CA$6.2b | -CA$323,472,442.00 | 23.3x | -17.1x | 0.9x |
| Thu, 03 Feb 2022 | CA$6.0b | CA$6.2b | -CA$340,210,600.00 | 18.2x | -17.8x | 1x |
| Sat, 01 Jan 2022 | CA$6.2b | CA$6.1b | -CA$319,716,131.00 | 17.8x | -19.5x | 1x |
| Mon, 29 Nov 2021 | CA$6.3b | CA$6.2b | -CA$319,106,679.00 | 18.7x | -19.6x | 1x |
| Wed, 27 Oct 2021 | CA$5.9b | CA$6.0b | -CA$300,033,351.00 | 18.8x | -19.6x | 1x |
| Fri, 24 Sep 2021 | CA$6.4b | CA$6.1b | -CA$310,245,611.00 | 19x | -20.5x | 1x |
| Sun, 22 Aug 2021 | CA$6.5b | CA$6.2b | -CA$320,735,007.72 | 19.1x | -20.4x | 1.1x |
| Fri, 09 Jul 2021 | CA$6.3b | CA$6.1b | -CA$416,776,898.72 | 22.1x | -15.2x | 1x |
Price to Earnings Ratio
-16x
Current Industry PE
- Investors are optimistic on the Canadian Beverage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 84.5x which is higher than its 3-year average PE of 1.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Beverage industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 20% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Canadian Consumer Staples industry?
| CA Market | 2.53% | |
| Consumer Staples | 0.49% | |
| Beverage | 4.43% | |
| Soft Drinks | 6.11% | |
| Distillers and Wine Makers | 0.68% | |
| Brewers | -0.64% | |
Industry PE
- Investors are most optimistic about the Distillers and Wine Makers industry which is trading above its 3-year average PE ratio of 366x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Soft Drinks industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PRMW Primo Water | CA$27.63 | 6.4% +CA$266.8m | 49.4% | PE50.4x | |
| CSW.A Corby Spirit and Wine | CA$13.35 | 0.8% +CA$2.8m | -12.6% | PE18.6x | |
| DWS Diamond Estates Wines & Spirits | CA$0.19 | 11.8% +CA$957.5k | -52.5% | PS0.3x | |
| YERB.U Yerbaé Brands | US$0.51 | 2.0% +US$628.7k | -64.8% | PS2.7x | |
| BR Big Rock Brewery | CA$1.48 | 5.7% +CA$558.3k | -26.0% | PS0.2x |
