CFP:CA:TSX-Canfor Corporation (CAD)

COMMON STOCK | Lumber & Wood Production | TSX

Last Closing Price

CAD 19.88

Change

+0.88 (+4.63)%

Market Cap

CAD 2.38B

Volume

0.34M

Average Target Price

CAD 21.81 (+9.72%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Canfor Corporation operates as an integrated forest products company in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, and wood pellets, as well as produces green energy. It also offers wood chips, logs, and kraft paper; and produces and sells pulp and paper products, including northern bleached softwood kraft and bleached chemi-thermo mechanical pulp. The company's products are used in residential, commercial, and industrial construction. Canfor Corporation was founded in 1938 and is based in Vancouver, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-01 )

Largest Industry Peers for Lumber & Wood Production

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

+3.60 (+5.01%)

CAD4.94B 13.42 6.62
OSB:CA Norbord Inc

+1.72 (+3.53%)

CAD3.93B 17.27 9.64
SJ:CA Stella-Jones Inc

+0.78 (+1.77%)

CAD2.97B 14.70 9.91
IFP:CA Interfor Corporation

+0.59 (+3.02%)

CAD1.31B 14.68 5.59
WEF:CA Western Forest Products Inc

N/A

CAD0.37B 21.40 36.50
PL:CA Pinnacle Renewable Energy Inc

+0.09 (+1.08%)

CAD0.28B 160.34 11.95
ADN:CA Acadian Timber Corp

+0.26 (+1.65%)

CAD0.26B 11.42 9.35
CFF:CA Conifex Timber Inc

-0.02 (-1.30%)

CAD0.07B 2.00 N/A
GDL:CA Goodfellow Inc

-0.01 (-0.15%)

CAD0.06B 6.90 5.23

ETFs Containing CFP:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

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 63.76% 90% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 63.76% 90% A- 73% C
Trailing 12 Months  
Capital Gain 25.19% 50% F 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.19% 50% F 81% B-
Trailing 5 Years  
Capital Gain 0.76% 67% D+ 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.76% 56% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain 5.45% N/A N/A 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.45% N/A N/A 62% D-
Risk Return Profile  
Volatility (Standard Deviation) 46.30% N/A N/A 15% F
Risk Adjusted Return 11.77% N/A N/A 37% F
Market Capitalization 2.38B 70% C- 84% B
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%

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 14.02 60% D- 58% F
Price/Book Ratio 1.27 60% D- 56% F
Price / Cash Flow Ratio 11.85 60% D- 25% F
EV/EBITDA 4.70 100% A+ 84% B
Management Effectiveness  
Return on Equity 7.56% 50% F 67% D+
Return on Invested Capital -7.68% 20% F 21% F
Return on Assets 3.57% 50% F 72% C-
Debt to Equity Ratio 41.43% 56% F 54% F
Technical Ratios  
Short Ratio 0.74 80% B- 56% F
Short Percent N/A N/A N/A N/A N/A
Beta 2.17 40% F 10% 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:
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 Revenue Growth

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

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector