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Canadian (TSX) Paper and Forestry Products Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies12
  • 7D-2.4%
  • 3M-4.6%
  • 1Y4.6%
  • YTD-4.1%

Over the last 7 days, the Paper and Forestry Products industry has dropped 2.4%, driven by a pullback from West Fraser Timber of 2.2%. In the past year, the industry has gained 4.6%. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Canadian Paper and Forestry Products Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024CA$17.1bCA$23.7b-CA$680,533,573.0011.4x-25.1x0.7x
Thu, 15 Feb 2024CA$17.0bCA$24.0b-CA$764,964,654.0012.5x-22.2x0.7x
Sat, 13 Jan 2024CA$18.5bCA$24.0b-CA$663,459,314.0011x-27.9x0.8x
Mon, 11 Dec 2023CA$16.9bCA$24.1b-CA$665,384,244.0010.1x-25.4x0.7x
Wed, 08 Nov 2023CA$17.0bCA$24.2b-CA$693,667,030.0010.1x-24.5x0.7x
Fri, 06 Oct 2023CA$15.4bCA$25.4b-CA$408,102,750.0010.8x-37.8x0.6x
Sun, 03 Sep 2023CA$17.1bCA$25.3b-CA$407,566,750.0010.4x-42.1x0.7x
Tue, 01 Aug 2023CA$18.1bCA$25.8b-CA$13,556,637.009.3x-1336.1x0.7x
Thu, 29 Jun 2023CA$18.6bCA$28.3bCA$1.6b9.2x11.6x0.7x
Sat, 27 May 2023CA$16.3bCA$28.6bCA$1.6b8.8x9.9x0.6x
Mon, 24 Apr 2023CA$16.8bCA$31.9bCA$4.4b5.5x3.8x0.5x
Wed, 22 Mar 2023CA$16.7bCA$32.1bCA$4.4b5.6x3.8x0.5x
Fri, 17 Feb 2023CA$17.6bCA$32.1bCA$4.6b5.7x3.8x0.5x
Sun, 15 Jan 2023CA$16.3bCA$32.5bCA$5.3b5x3.1x0.5x
Tue, 13 Dec 2022CA$17.2bCA$32.8bCA$5.3b4.5x3.2x0.5x
Thu, 10 Nov 2022CA$16.8bCA$32.3bCA$5.3b3.7x3.2x0.5x
Sat, 08 Oct 2022CA$16.1bCA$32.5bCA$5.9b3.6x2.7x0.5x
Mon, 05 Sep 2022CA$18.5bCA$31.9bCA$5.7b3.7x3.2x0.6x
Wed, 03 Aug 2022CA$19.1bCA$31.1bCA$5.8b3.4x3.3x0.6x
Fri, 01 Jul 2022CA$16.7bCA$32.7bCA$7.2b2.9x2.3x0.5x
Sun, 29 May 2022CA$20.9bCA$32.5bCA$7.1b3.9x2.9x0.6x
Tue, 26 Apr 2022CA$20.8bCA$30.6bCA$6.4b4.3x3.3x0.7x
Thu, 24 Mar 2022CA$22.3bCA$30.2bCA$6.3b4.7x3.5x0.7x
Sat, 19 Feb 2022CA$23.6bCA$30.4bCA$6.8b8.2x3.5x0.8x
Mon, 17 Jan 2022CA$24.5bCA$29.5bCA$6.8b7.3x3.6x0.8x
Wed, 15 Dec 2021CA$22.4bCA$29.8bCA$6.9b5.9x3.2x0.8x
Fri, 12 Nov 2021CA$20.8bCA$29.5bCA$6.8b6.4x3x0.7x
Sun, 10 Oct 2021CA$21.9bCA$27.9bCA$6.6b5.8x3.3x0.8x
Tue, 07 Sep 2021CA$21.2bCA$27.9bCA$6.6b6.2x3.2x0.8x
Thu, 05 Aug 2021CA$19.6bCA$27.9bCA$6.6b6.2x3x0.7x
Sun, 09 May 2021CA$23.1bCA$21.8bCA$3.6b8.5x6.5x1.1x
Price to Earnings Ratio

6x


Total Market Cap: CA$21.5bTotal Earnings: CA$3.6bTotal Revenue: CA$21.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Paper and Forestry Products Industry Price to Earnings3Y Average -11.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Forestry industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • Total earnings for the Forestry industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 2.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Materials industry?

CA Market0.35%
Materials2.73%
Paper and Forestry Products-2.36%
Paper Products0.78%
Forestry Products-2.39%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 58% over the next 5 years.
    • This is better than its past earnings decline of 39% per year.
    • In contrast, the Forestry Products industry is expected to see its earnings grow by 35% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    CFX Canfor Pulp ProductsCA$1.613.9%
    +CA$3.9m
    -53.1%PS0.1x
    AEP Atlas Engineered ProductsCA$1.420%
    CA$426.0k
    42.0%PE17.9x
    SXP SupremexCA$3.820.3%
    +CA$256.7k
    -36.3%PE5.7x
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    Latest News

    GFP

    CA$0.73

    GreenFirst Forest Products

    7D

    -8.8%

    1Y

    -43.8%

    CFP

    CA$15.98

    Canfor

    7D

    -5.0%

    1Y

    -30.5%

    SXP

    CA$3.82

    Supremex

    7D

    0.3%

    1Y

    -36.3%

    IFP

    CA$19.78

    Interfor

    7D

    -3.9%

    1Y

    -18.6%

    AEP

    CA$1.42

    Atlas Engineered Products

    7D

    0%

    1Y

    42.0%

    WEF

    CA$0.55

    Western Forest Products

    7D

    -5.2%

    1Y

    -49.5%

    CFX

    CA$1.61

    Canfor Pulp Products

    7D

    3.9%

    1Y

    -53.1%

    WFG

    CA$107.56

    West Fraser Timber

    7D

    -4.3%

    1Y

    8.8%