Narrative Update • Jul 10
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- 7D-2.8%
- 3M1.8%
- 1Y-6.8%
- YTD5.3%
Over the last 7 days, the Paper and Forestry Products industry has dropped 2.8%, driven by a pullback from West Fraser Timber of 3.5%. In contrast, WestBond Enterprises has gained 6.8%. However, the industry is down 6.8% over the past year. As for the next few years, earnings are expected to grow by 51% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 11 Jul 2026 | CA$14.8b | CA$20.8b | -CA$2,778,881,821.00 | 11.2x | -5.3x | 0.7x |
| Mon, 08 Jun 2026 | CA$14.6b | CA$20.7b | -CA$2,753,966,371.00 | 11.4x | -5.3x | 0.7x |
| Wed, 06 May 2026 | CA$13.4b | CA$20.8b | -CA$2,547,293,935.00 | 10.5x | -5.3x | 0.6x |
| Fri, 03 Apr 2026 | CA$15.2b | CA$21.1b | -CA$2,261,721,925.00 | 11.4x | -6.7x | 0.7x |
| Sun, 01 Mar 2026 | CA$15.2b | CA$21.7b | -CA$1,912,665,205.00 | 11.3x | -7.9x | 0.7x |
| Tue, 27 Jan 2026 | CA$15.7b | CA$22.2b | -CA$931,930,221.00 | 17.6x | -16.9x | 0.7x |
| Thu, 25 Dec 2025 | CA$13.7b | CA$22.2b | -CA$930,955,581.00 | 16.8x | -14.7x | 0.6x |
| Sat, 22 Nov 2025 | CA$13.3b | CA$22.5b | -CA$942,282,533.00 | 15.8x | -14.1x | 0.6x |
| Mon, 20 Oct 2025 | CA$14.5b | CA$22.5b | -CA$894,445,803.00 | 20.5x | -16.2x | 0.6x |
| Wed, 17 Sep 2025 | CA$15.5b | CA$22.4b | -CA$891,130,743.00 | 22.3x | -17.4x | 0.7x |
| Fri, 15 Aug 2025 | CA$15.7b | CA$22.4b | -CA$892,049,723.00 | 17.9x | -17.6x | 0.7x |
| Sun, 13 Jul 2025 | CA$16.0b | CA$22.7b | -CA$765,989,823.00 | 16.7x | -20.8x | 0.7x |
| Tue, 10 Jun 2025 | CA$15.5b | CA$22.7b | -CA$766,057,928.00 | 16.8x | -20.2x | 0.7x |
| Thu, 08 May 2025 | CA$14.9b | CA$22.8b | -CA$847,882,973.00 | 14.3x | -17.5x | 0.7x |
| Sat, 05 Apr 2025 | CA$15.3b | CA$23.3b | -CA$894,105,724.00 | 13.8x | -17.1x | 0.7x |
| Mon, 03 Mar 2025 | CA$16.5b | CA$23.6b | -CA$953,906,574.00 | 14.3x | -17.3x | 0.7x |
| Wed, 29 Jan 2025 | CA$18.1b | CA$23.7b | -CA$1,212,386,227.00 | 12.5x | -14.9x | 0.8x |
| Fri, 27 Dec 2024 | CA$17.5b | CA$23.7b | -CA$1,212,535,027.00 | 12.2x | -14.4x | 0.7x |
| Sun, 24 Nov 2024 | CA$18.4b | CA$23.4b | -CA$1,208,357,107.00 | 12.3x | -15.2x | 0.8x |
| Tue, 22 Oct 2024 | CA$19.6b | CA$23.9b | -CA$332,208,211.00 | 13.8x | -58.9x | 0.8x |
| Thu, 19 Sep 2024 | CA$19.2b | CA$23.8b | -CA$335,359,061.00 | 14.5x | -57.2x | 0.8x |
| Sat, 17 Aug 2024 | CA$18.2b | CA$23.8b | -CA$334,420,743.00 | 14.5x | -54.3x | 0.8x |
| Mon, 15 Jul 2024 | CA$16.9b | CA$23.7b | -CA$492,092,193.00 | 12.4x | -34.3x | 0.7x |
| Wed, 12 Jun 2024 | CA$17.3b | CA$23.8b | -CA$493,021,624.00 | 12.2x | -35.1x | 0.7x |
| Fri, 10 May 2024 | CA$17.2b | CA$23.8b | -CA$469,544,388.00 | 11.7x | -36.7x | 0.7x |
| Sun, 07 Apr 2024 | CA$17.3b | CA$23.7b | -CA$686,455,553.00 | 11.9x | -25.3x | 0.7x |
| Tue, 05 Mar 2024 | CA$17.4b | CA$23.9b | -CA$832,735,933.00 | 11.3x | -20.9x | 0.7x |
| Thu, 01 Feb 2024 | CA$17.7b | CA$24.0b | -CA$663,838,094.00 | 10.8x | -26.6x | 0.7x |
| Sat, 30 Dec 2023 | CA$18.2b | CA$23.9b | -CA$661,771,924.00 | 10.8x | -27.5x | 0.8x |
| Mon, 27 Nov 2023 | CA$17.6b | CA$24.1b | -CA$664,043,443.00 | 8.7x | -26.5x | 0.7x |
| Wed, 25 Oct 2023 | CA$15.3b | CA$25.4b | -CA$408,027,250.00 | 10.3x | -37.5x | 0.6x |
| Fri, 22 Sep 2023 | CA$15.9b | CA$25.2b | -CA$406,978,250.00 | 10.8x | -39.2x | 0.6x |
| Sun, 20 Aug 2023 | CA$17.1b | CA$25.3b | -CA$405,551,642.00 | 8.2x | -42.3x | 0.7x |
| Tue, 18 Jul 2023 | CA$18.7b | CA$28.2b | CA$1.6b | 9.9x | 11.7x | 0.7x |
Price to Earnings Ratio
11.7x
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 0.70x.
Past Earnings Growth
- Total earnings for the Forestry industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.6% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | 0.023% | |
| Materials | -5.70% | |
| Paper and Forestry Products | -2.80% | |
| Paper Products | -0.49% | |
| Forestry Products | -2.82% | |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 2.0x.
- 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 51% over the next 5 years.
- However this is lower than its past earnings growth rate of 71% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 51% 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 | |
|---|---|---|---|---|---|
| WBE WestBond Enterprises | CA$0.23 | 6.8% +CA$534.4k | 80.8% | PE21.2x |