Canadian Competitors

CTC-A Stock

CAD 143.48 1.05 0.73%

Canadian Tire competes with Dollarama, Loblaw Companies, Restaurant Brands, Canadian National, and Metro; as well as few others. The company operates under Specialty Retail sector and is part of Consumer Discretionary industry. Analyzing Canadian Tire competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Canadian Tire to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Canadian Tire Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Canadian Tire competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
141.93	143.60	145.27

Details

Intrinsic

Valuation

Low	Real	High
120.29	121.96	157.83

Details

Naive

Forecast

Low	Next	High
145.08	146.75	148.41

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
134.34	150.90	167.45

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canadian Tire. Your research has to be compared to or analyzed against Canadian Tire's peers to derive any actionable benefits. When done correctly, Canadian Tire's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canadian Tire.

Canadian Tire Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canadian Tire and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Canadian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Canadian Tire does not affect the price movement of the other competitor.

	DOL	L	QSR	CNR	MRU
DOL		0.41	0.67	-0.48	0.87	DOL
L	0.41		0.62	-0.06	0.18	L
QSR	0.67	0.62		-0.46	0.52	QSR
CNR	-0.48	-0.06	-0.46		-0.43	CNR
MRU	0.87	0.18	0.52	-0.43		MRU
	DOL	L	QSR	CNR	MRU

Click cells to compare fundamentals

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High positive correlations

MRU	+ 0.87	DOL
QSR	+ 0.67	DOL
QSR	+ 0.62	L
MRU	+ 0.52	QSR
L	+ 0.41	DOL
MRU	+ 0.18	L

High negative correlations

CNR	- 0.48	DOL
CNR	- 0.46	QSR
MRU	- 0.43	CNR
CNR	- 0.06	L

Risk-Adjusted Indicators

There is a big difference between Canadian Stock performing well and Canadian Tire Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Canadian Tire's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DOL	0.84	0.07	0.19	(0.95)	0.92	(0.94)	1.68	(1.45)	4.21
L	0.88	(0.06)	0.00	(1.10)	0.00	0.00	1.73	(2.40)	6.37
QSR	1.04	(0.03)	0.00	0.09	0.00	0.00	2.71	(2.04)	6.55
CNR	1.01	(0.05)	0.00	(0.43)	0.00	0.00	1.72	(2.54)	6.97
MRU	0.79	0.01	0.09	0.08	1.16	(0.78)	1.33	(1.72)	6.68

Unable to evaluate fundamental data of [DOL.TO, L.TO, QSR.TO, CNR.TO, MRU.TO] at this time. Please try again later

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Canadian Tire Competitive Analysis

The better you understand Canadian Tire competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canadian Tire's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Canadian Tire's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	CTC-A	DOL	L	QSR	CNR	MRU
	0.73 143.48 Canadian	1.47 149.98 Dollarama	1.40 187.43 Loblaw	0.01 94.91 Restaurant	1.31 140.30 Canadian	0.34 93.32 Metro
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Modest	Very Weak	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Below Average	Low	Very Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Hold	Cautious Hold	Strong Sell	Cautious Hold	Hold
Current Ratio	1.91 X	0.54 X	1.25 X	1.65 X	1.05 X	1.35 X
Net Asset	22.24 B	5.84 B	40.88 B	24.63 B	57.07 B	14.14 B
Profit Margin	0.05 %	0.18 %	0.04 %	0.12 %	0.26 %	0.04 %
EBITDA	1.65 B	1.81 B	5.41 B	2.59 B	8.67 B	1.97 B
Operating Margin	0.08 %	0.24 %	0.06 %	0.24 %	0.40 %	0.07 %
Current Valuation	15.63 B	45.83 B	72.82 B	51.85 B	107.85 B	25.02 B
Price To Book	1.31 X	32.90 X	5.03 X	6.91 X	4.13 X	2.89 X
Retained Earnings	5.61 B	(226.55 M)	4.75 B	1.86 B	18.35 B	5.44 B
Current Asset	7.39 B	616.93 M	9.86 B	1.37 B	N/A	1.19 B
Five Year Return	2.27 %	0.37 %	1.57 %	2.16 %	1.65 %	1.43 %
Beta	1.32	0.44	0.1	0.97	0.64	0.083
Number Of Employees	13.97 K	24	220 K	37.6 K	24.67 K	97.87 K
Shares Outstanding	52.2 M	280.54 M	300.75 M	324.98 M	627.32 M	221.38 M
Cash Flow From Operations	2.06 B	1.43 B	5.8 B	1.5 B	6.7 B	1.68 B
Annual Yield	0.05 %	0 %	0.01 %	0.04 %	0.03 %	0.02 %
Total Debt	1.54 B	4.33 B	1.43 B	222 M	1.17 B	4.31 B
Return On Equity	0.14	1.39	0.2	0.3	0.22	0.14
Return On Asset	0.0374	0.16	0.062	0.0605	0.0772	0.0624
Number Of Shares Shorted	784.31 K	3.13 M	921.15 K	2.21 M	3.64 M	1.16 M
Book Value Per Share	110.66 X	4.49 X	36.88 X	9.59 X	33.53 X	32.14 X
Current Liabilities	3.98 B	227.03 M	7.22 B	1.12 B	N/A	1.07 B
Total Asset	22.24 B	5.84 B	40.88 B	24.63 B	57.07 B	14.14 B
Debt To Equity	1.86 %	N/A	145.00 %	3.52 %	0.73 %	0.78 %
Short Ratio	2.69 X	4.10 X	3.85 X	2.68 X	2.78 X	2.78 X
Target Price	160.33	145.71	191.82	107.42	167.71	93.18
Last Dividend Paid	7.03	0.35	1.99	2.32	3.38	1.38
Shares Owned By Institutions	34.09 %	46.77 %	20.67 %	86.55 %	74.88 %	44.73 %
Market Capitalization	8.21 B	42.07 B	56.37 B	42.9 B	88.01 B	20.66 B
Price To Earning	16.95 X	27.29 X	43.59 X	37.52 X	28.95 X	21.44 X
Price To Earnings To Growth	0.32 X	2.24 X	3.12 X	1.15 X	1.94 X	3.46 X
Price To Sales	0.50 X	6.82 X	0.92 X	5.10 X	5.16 X	0.97 X
Net Income	887.7 M	1.01 B	2.17 B	1.02 B	4.45 B	1.25 B
Earnings Per Share	15.93 X	3.92 X	6.99 X	4.59 X	7.01 X	4.28 X
Shares Owned By Insiders	1.89 %	2.24 %	54.26 %	1.40 %	2.63 %	0.15 %
Revenue	16.36 B	5.87 B	61.01 B	8.41 B	17.05 B	21.22 B
Working Capital	5.01 B	631.25 M	2.78 B	(82 M)	(1.36 B)	188.4 M
Cash And Equivalents	1.7 B	218.36 M	584 M	1.92 B	328 M	13.4 M
Cash Per Share	28.04 X	0.70 X	2.72 X	6.32 X	0.40 X	1.46 X
Gross Profit	5.63 B	2.94 B	19.59 B	3.02 B	9.31 B	4.21 B
Day Typical Price	144.14	149.22	186.56	94.65	139.77	93.3
Accumulation Distribution	0.0138	0.0184	0.0146	0.0131	0.0125	0.0116
Market Facilitation Index	2.01	2.77	2.74	1.25	1.75	1.09
Daily Balance Of Power	(0.52)	0.787	0.9416	0.008	1.04	0.2936
Period Momentum Indicator	(1.05)	2.18	2.58	0.01	1.82	0.32
Rate Of Daily Change	0.99	1.01	1.01	1.0	1.01	1.0
Day Median Price	144.47	148.85	186.12	94.52	139.51	93.29
Price Action Indicator	(1.51)	2.22	2.6	0.4	1.71	0.19
Coefficient Of Variation	(1,757)	1174.88	(2,339)	(54,525)	(2,660)	7225.53
Mean Deviation	1.1	0.8434	0.8754	1.04	1.01	0.7852
Jensen Alpha	(0.10)	0.0739	(0.06)	(0.03)	(0.05)	0.0131
Total Risk Alpha	0.1038	0.221	0.089	0.1589	0.1083	0.1476
Sortino Ratio	N/A	0.1909	N/A	N/A	N/A	0.0945
Downside Variance	N/A	1.02	N/A	N/A	N/A	1.47
Standard Deviation	1.66	1.1	1.2	1.37	1.35	1.13
Kurtosis	7.36	0.1426	0.9037	0.6859	2.54	2.46
Potential Upside	2.31	1.68	1.73	2.71	1.72	1.33
Treynor Ratio	(14.97)	(0.95)	(1.10)	0.0927	(0.43)	0.0836
Maximum Drawdown	12.25	4.21	6.37	6.55	6.97	6.68
Variance	2.77	1.21	1.44	1.87	1.82	1.28
Market Risk Adjusted Performance	(14.96)	(0.94)	(1.09)	0.1027	(0.42)	0.0936
Risk Adjusted Performance	(0.04)	0.0762	(0.03)	0.002	(0.03)	0.0144
Skewness	(1.25)	0.3501	(0.10)	0.5821	(1.19)	(0.07)
Semi Deviation	N/A	0.9234	N/A	N/A	N/A	1.16
Information Ratio	0.0026	0.1753	0.0398	0.0705	0.0358	0.1012
Value At Risk	(2.15)	(1.45)	(2.40)	(2.04)	(2.54)	(1.72)
Expected Short fall	N/A	(0.94)	N/A	N/A	N/A	(0.78)
Downside Deviation	N/A	1.01	N/A	N/A	N/A	1.21
Semi Variance	N/A	0.8527	N/A	N/A	N/A	1.35

Canadian Tire Competition Performance Charts

Five steps to successful analysis of Canadian Tire Competition

Canadian Tire's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Canadian Tire in relation to its competition. Canadian Tire's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Canadian Tire in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Canadian Tire's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canadian Tire, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Canadian Tire position

In addition to having Canadian Tire in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When running Canadian Tire's price analysis, check to measure Canadian Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.

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Canadian Competitors

Specify up to 10 symbols:

Canadian Tire Competition Correlation Matrix

Risk-Adjusted Indicators

Canadian Tire Competitive Analysis

Canadian Tire Competition Performance Charts

Five steps to successful analysis of Canadian Tire Competition

Complement your Canadian Tire position

Did You Try This Idea?

Run Education Thematic Idea Now

Education

Additional Tools for Canadian Stock Analysis

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