Analysis Article • Aug 22
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- 7D-1.2%
- 3M5.6%
- 1Y-5.7%
- YTD3.9%
Over the last 7 days, the Paper and Forestry Products industry has dropped 1.2%, driven by a pullback from Stella-Jones of 4.9%. However, the industry is down 5.7% over the past year. Looking forward, earnings are forecast to grow by 69% annually.
Industry Valuation and Performance
Has the Canadian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | CA$14.9b | CA$20.7b | -CA$2,621,908,373.00 | 10.3x | -5.7x | 0.7x |
| Thu, 23 Jul 2026 | CA$14.5b | CA$20.8b | -CA$2,770,473,586.00 | 11x | -5.2x | 0.7x |
| Sat, 20 Jun 2026 | CA$15.4b | CA$20.8b | -CA$2,781,052,441.00 | 11.5x | -5.5x | 0.7x |
| Mon, 18 May 2026 | CA$13.0b | CA$20.6b | -CA$2,731,025,735.00 | 10.6x | -4.8x | 0.6x |
| Wed, 15 Apr 2026 | CA$14.7b | CA$21.0b | -CA$2,247,844,955.00 | 10.7x | -6.6x | 0.7x |
| Fri, 13 Mar 2026 | CA$15.0b | CA$21.6b | -CA$2,375,362,615.00 | 11.5x | -6.3x | 0.7x |
| Sun, 08 Feb 2026 | CA$16.5b | CA$22.2b | -CA$930,238,725.00 | 17.1x | -17.7x | 0.7x |
| Tue, 06 Jan 2026 | CA$14.3b | CA$22.3b | -CA$933,167,741.00 | 16.7x | -15.3x | 0.6x |
| Thu, 04 Dec 2025 | CA$13.8b | CA$22.4b | -CA$937,852,461.00 | 16.3x | -14.7x | 0.6x |
| Sat, 01 Nov 2025 | CA$13.6b | CA$22.3b | -CA$1,065,002,663.00 | 17.5x | -12.8x | 0.6x |
| Mon, 29 Sep 2025 | CA$14.3b | CA$22.5b | -CA$893,476,863.00 | 22x | -16x | 0.6x |
| Wed, 27 Aug 2025 | CA$15.5b | CA$22.4b | -CA$890,790,659.00 | 22.9x | -17.4x | 0.7x |
| Fri, 25 Jul 2025 | CA$15.7b | CA$22.4b | -CA$940,637,323.00 | 15.1x | -16.7x | 0.7x |
| Sun, 22 Jun 2025 | CA$15.3b | CA$22.7b | -CA$766,046,908.00 | 16.6x | -19.9x | 0.7x |
| Tue, 20 May 2025 | CA$15.6b | CA$22.8b | -CA$766,145,913.00 | 16.5x | -20.4x | 0.7x |
| Thu, 17 Apr 2025 | CA$14.8b | CA$23.0b | -CA$893,921,974.00 | 13.8x | -16.5x | 0.6x |
| Sat, 15 Mar 2025 | CA$15.9b | CA$23.5b | -CA$890,282,474.00 | 14.3x | -17.8x | 0.7x |
| Mon, 10 Feb 2025 | CA$17.0b | CA$23.6b | -CA$1,211,270,707.00 | 12x | -14x | 0.7x |
| Wed, 08 Jan 2025 | CA$18.1b | CA$23.6b | -CA$1,212,028,147.00 | 12.4x | -15x | 0.8x |
| Fri, 06 Dec 2024 | CA$18.7b | CA$23.4b | -CA$1,208,839,027.00 | 12.8x | -15.5x | 0.8x |
| Sun, 03 Nov 2024 | CA$19.1b | CA$23.5b | -CA$1,118,404,651.00 | 12.5x | -17.1x | 0.8x |
| Tue, 01 Oct 2024 | CA$19.2b | CA$23.7b | -CA$336,745,261.00 | 14.1x | -57x | 0.8x |
| Thu, 29 Aug 2024 | CA$18.1b | CA$23.7b | -CA$337,453,601.00 | 14.1x | -53.6x | 0.8x |
| Sat, 27 Jul 2024 | CA$18.3b | CA$23.9b | -CA$293,938,643.00 | 15.8x | -62.3x | 0.8x |
| Mon, 24 Jun 2024 | CA$16.9b | CA$23.8b | -CA$492,509,524.00 | 12x | -34.3x | 0.7x |
| Wed, 22 May 2024 | CA$17.3b | CA$23.8b | -CA$490,538,088.00 | 12.1x | -35.3x | 0.7x |
| Fri, 19 Apr 2024 | CA$16.9b | CA$23.8b | -CA$689,418,133.00 | 12x | -24.5x | 0.7x |
| Sun, 17 Mar 2024 | CA$17.1b | CA$23.7b | -CA$680,533,573.00 | 11.4x | -25.1x | 0.7x |
| Tue, 13 Feb 2024 | CA$17.1b | CA$24.0b | -CA$771,162,064.00 | 12.4x | -22.2x | 0.7x |
| Thu, 11 Jan 2024 | CA$18.7b | CA$23.9b | -CA$663,171,484.00 | 11.2x | -28.3x | 0.8x |
| Sat, 09 Dec 2023 | CA$17.3b | CA$24.1b | -CA$665,384,244.00 | 10.1x | -26x | 0.7x |
| Mon, 06 Nov 2023 | CA$16.7b | CA$24.2b | -CA$692,641,900.00 | 10.4x | -24.1x | 0.7x |
| Wed, 04 Oct 2023 | CA$16.1b | CA$25.4b | -CA$407,912,250.00 | 10.3x | -39.4x | 0.6x |
| Fri, 01 Sep 2023 | CA$17.2b | CA$25.3b | -CA$407,125,750.00 | 10.8x | -42.2x | 0.7x |
Price to Earnings Ratio
-42.2x
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 0.71x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have deteriorated over the last three years.
- Revenues have also declined 6.5% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -0.021% | |
| Materials | 9.96% | |
| Paper and Forestry Products | -1.23% | |
| Forestry Products | -1.23% | |
| Paper Products | -1.27% | |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 2.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 69% over the next 5 years.
- However this is lower than its past earnings growth rate of 106% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 69% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IFP Interfor | CA$14.32 | 2.1% +CA$19.1m | 7.9% | PS0.3x | |
| WFG West Fraser Timber | CA$95.06 | 0.2% +CA$17.2m | -8.6% | PS1x | |
| GFP GreenFirst Forest Products | CA$2.05 | 7.9% +CA$3.5m | -28.1% | PS0.2x | |
| WBE WestBond Enterprises | CA$0.26 | 24.4% +CA$1.8m | 41.7% | PE13.5x | |
| CFF Conifex Timber | CA$0.13 | 8.7% +CA$407.7k | -56.9% | PS0.05x |