CFP:CA:TSX-Canfor Corporation (CAD)

COMMON STOCK | Lumber & Wood Production | TSX

Last Closing Price

CAD 26.86

Change

+0.27 (+1.02)%

Market Cap

CAD 3.38B

Volume

0.83M

Average Target Price

CAD 38.85 (+44.65%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Canfor Corporation operates as an integrated forest products company in Canada, Asia, the United States, Europe, and internationally. It operates through Lumber, and Pulp and Paper segments. The company manufactures and sells finger-jointed lumber, higher-grade MSR lumber, premium one-inch boards, engineered wood products, wood chips, wood pellets, logs, strength-rated trusses, beams, and tongue-and-groove timber, as well as generates green energy. It also produces and sells pulp and paper products, including northern bleached softwood kraft pulp, bleached and unbleached kraft paper, and bleached chemi-thermo mechanical pulp; and purchases and sells residual fiber products. Canfor Corporation was incorporated in 1966 and is headquartered in Vancouver, Canada. Address: 100-1700 West 75th Avenue, Vancouver, BC, Canada, V6P 6G2

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-18 )

Largest Industry Peers for Lumber & Wood Production

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
WFG:CA West Fraser Timber Co. Ltd

+1.85 (+2.20%)

CAD10.23B 4.09 5.15
WFT:CA West Fraser Timber Co. Ltd

N/A

CAD5.63B 15.29 13.86
OSB:CA Norbord Inc

N/A

CAD4.60B 20.20 11.03
SJ:CA Stella-Jones Inc

-0.12 (-0.27%)

CAD2.93B 12.43 9.23
IFP:CA Interfor Corporation

+0.99 (+3.43%)

CAD1.89B 3.58 2.01
WEF:CA Western Forest Products Inc

+0.02 (+1.04%)

CAD0.72B 6.72 3.71
PL:CA Pinnacle Renewable Energy Inc

N/A

CAD0.38B 160.34 15.09
ADN:CA Acadian Timber Corp

-0.19 (-0.97%)

CAD0.32B 10.23 9.21
CFF:CA Conifex Timber Inc

-0.06 (-2.74%)

CAD0.10B 17.80 6.83
GDL:CA Goodfellow Inc

-0.07 (-0.71%)

CAD0.09B 4.34 3.69

ETFs Containing CFP:CA

Symbol Name Weight Mer Price(Change) Market Cap
HII:CA Horizons Cdn Insider Inde.. 0.00 % 0.65 %

N/A

CAD7.50M
PZC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.68 %

-0.48 (-1.72%)

CAD8.22M

Market Performance

  Market Performance vs.
Industry/Classification (Lumber & Wood Production)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 16.88% 29% F 69% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.88% 29% F 67% D+
Trailing 12 Months  
Capital Gain 142.86% 57% F 92% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 142.86% 57% F 92% A-
Trailing 5 Years  
Capital Gain 104.57% 75% C 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 104.57% 75% C 82% B-
Average Annual (5 Year Horizon)  
Capital Gain 27.05% 75% C 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.05% 75% C 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 76.99% 50% F 10% F
Risk Adjusted Return 35.13% 75% C 48% F
Market Capitalization 3.38B 88% B+ 79% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Lumber & Wood Production)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 3.24 100% A+ 89% B+
Price/Book Ratio 1.28 63% D 67% D+
Price / Cash Flow Ratio 3.15 88% B+ 72% C-
EV/EBITDA 1.88 100% A+ 96% A
Management Effectiveness  
Return on Equity 42.29% 88% B+ 97% A+
Return on Invested Capital 20.73% 75% C 94% A
Return on Assets 17.30% 88% B+ 97% A+
Debt to Equity Ratio 30.03% 71% C- 64% D
Technical Ratios  
Short Ratio 4.56 25% F 24% F
Short Percent 4.38% 25% F 42% F
Beta 2.08 50% F 11% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.