China announced recently that its September imports fell by an unexpectedly wide margin of 20.4%, much worse than August’s 5.5% contraction. This suggests that domestic demand in that country may have softened and the five Canadian businesses on our list today with exports into, or business operations in, China may be affected most from this slowdown.
Performance Sports Group Ltd. (TSX: PSG) – $16.83
Recreational Products
Performance Sports Group Ltd. is a United States-based company engaged in design, development and manufacture of sports equipment and related apparel. The Company designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. The Company’s brands include Bauer, Vapor, Supreme, Nexus, Mission, Maverik, Cascade, Inaria, Combat, Easton and Mako. It has manufacturing facilities in Canada, China, Thailand and Vietnam, where its hockey equipment and related apparel is produced.
- Market Cap: $740,576,037
- Revenues (LTM): $766,876,392
- Operating Income (LTM): $47,217,103
- MTD Price Change: -8.6%
Spin Master Corp. (TSX: TOY) – $21.00
Toys & Juvenile Products
- Market Cap: $398,824,605
- Revenues (LTM): $744,400,000
- Operating Income (LTM): $100,000,000
- MTD Price Change: 2.6%
AGT Food and Ingredients Inc. (TSX: AGT) – $28.60
Food Processing
AGT Food and Ingredients Inc. (AGT), formerly Alliance Grain Traders Inc., is a processors and splitters of pulse crops and an international producer, processor and exporter of staple food products to over 100 countries. AGT handles a range of pulses and specialty crops, including lentils, peas, chickpeas, beans, popcorn, canary seed, flax and other specialty seeds packed for domestic and export markets, as well as in dry small package and canned products.
- Market Cap: $661,107,219
- Revenues (LTM): $1,449,100,000
- Operating Income (LTM): $64,804,000
- MTD Price Change: 11.2%
ATS Automation Tooling Systems Inc. (TSX: ATA) – $13.13
Industrial Machinery & Equipment
ATS Automation Tooling Systems Inc. is a Canada-based company, which is engaged in providing automation solutions. The Company provides custom automation, repeat automation, automation products and value-added services, including pre automation and after-sales services. ATS serves the automation systems’ needs of various customers in industries such as life sciences, computer and electronics, energy, transportation and consumer products.
- Market Cap: $1,193,876,091
- Revenues (LTM): $999,462,000
- Operating Income (LTM): $70,103,000
- MTD Price Change: 0.5%
Martinrea International Inc. (TSX: MRE) – $11.51
Auto, Truck & Motorcycle Parts
Martinrea International Inc. is a Canada-based company engaged in the production and development of metal parts, assemblies and modules, fluid management systems and complex aluminum products. The Company is focused primarily on the automotive sector. Its product offerings include suspension and chassis metal components, body and structure metal components, aluminum components, chassis modules, fluid & air handling systems and fabricated assemblies.
- Market Cap: $974,232,962
- Revenues (LTM): $3,704,814,000
- Operating Income (LTM): $145,160,000
- MTD Price Change: 7.5%
