5 Canadian Industrial Stocks with TTM Sales Growth Exceeding Its 3-Year Geometric Mean Growth Rate: Investment Idea of the Day

Published:

Today we have shortlisted five Canadian industrial stocks that have
reported Trailing Twelve Month (TTM) sales growth greater than its 3-year
geometric mean growth rate. Moreover, during the past one month, majority of the stocks have registered price gains with daily average trading volumes in excess of 100,000.

Company Name

Ticker

Exchange

Market Cap
(C$MN)

Last Price

Average Volume
(1 Month)

Price Change (1-Month)

Sales Growth (3-year G.M*)

TTM Sales Growth**

Photon Control Inc

PHO

TSXV

49.6

0.49

128,996

16.9%

9.1%

59.6%

New Flyer Industries Inc

NFI

TSX

732.7

13.20

119,588

6.1%

6.8%

37.7%

ATS Automation Tooling Systems Inc

ATA

TSX

1,324.6

14.50

424,408

-1.3%

12.1%

29.0%

Westshore Terminals Investment Corp

WTE

TSX

2,331.5

31.40

172,139

5.4%

9.8%

17.3%

Intertape Polymer Group Inc

ITP

TSX

1,131.2

18.72

322,051

5.8%

2.7%

3.1%

Source: Bloomberg
*G.M: Geometric Mean;**Trailing twelve months

Company Description

Photon Control Inc (TSXV: PHO)
Photon Control Inc. develops products which incorporate switches and sensors made from polymer optical fibers and plastic components. The company has developed the core technology for its initial medical applications. Photon Control’s products include industrial explosion-proof switches and fiber optic products for the medical market.

New Flyer Industries Inc (TSX: NFI)
New Flyer Industries Inc. manufactures heavy-duty transit buses in Canada and the United States. The company also provides aftermarket parts and service. New Flyer manufactures a variety of buses in several body lengths with an array of propulsion systems, including diesel, liquid natural gas, and electric trolleys.

ATS Automation Tooling Systems Inc (TSX: ATA)
ATS Automation Tooling Systems, Inc. is a custom engineer and producer of industrial automated manufacturing systems. The company also manufactures related precision components under long-term contracts for customers in the automotive and other industries. ATS’ products are sold throughout the world.

Westshore Terminals Investment Corp (TSX: WTE)
Westshore Terminals Investment Corp. operates coal storage and loading terminal in British Columbia, Canada.

Intertape Polymer Group Inc (TSX: ITP)
Intertape Polymer Group Inc. develops, manufactures, and sells a variety of paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics and complementary packaging systems for industrial and retail use.

Related articles

Recent articles