Canadian (TSX) Forestry Products Industry Analysis
UpdatedJun 04, 2023
DataAggregated Company Financials
Companies9
- 7D-0.8%
- 3M-5.7%
- 1Y-12.9%
- YTD-0.3%
The Forestry Products industry has stayed flat over the last week. Unfortunately though, the industry is down 13% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Canadian Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Jun 2023 | CA$15.9b | CA$27.0b | CA$1.7b | 8.8x | 9.5x | 0.6x |
| Tue, 02 May 2023 | CA$15.9b | CA$28.5b | CA$2.9b | 6.4x | 5.5x | 0.6x |
| Thu, 30 Mar 2023 | CA$15.6b | CA$30.6b | CA$4.4b | 4.5x | 3.5x | 0.5x |
| Sat, 25 Feb 2023 | CA$16.4b | CA$30.9b | CA$4.7b | 5.6x | 3.5x | 0.5x |
| Mon, 23 Jan 2023 | CA$16.1b | CA$31.2b | CA$5.4b | 3.6x | 3x | 0.5x |
| Wed, 21 Dec 2022 | CA$15.6b | CA$31.4b | CA$5.4b | 3.2x | 2.9x | 0.5x |
| Fri, 18 Nov 2022 | CA$17.2b | CA$31.1b | CA$5.4b | 3.2x | 3.2x | 0.6x |
| Sun, 16 Oct 2022 | CA$16.3b | CA$31.4b | CA$6.0b | 3.1x | 2.7x | 0.5x |
| Tue, 13 Sep 2022 | CA$18.4b | CA$30.5b | CA$5.8b | 3.8x | 3.2x | 0.6x |
| Thu, 11 Aug 2022 | CA$18.9b | CA$30.0b | CA$5.7b | 3.4x | 3.3x | 0.6x |
| Sat, 09 Jul 2022 | CA$17.2b | CA$31.4b | CA$7.3b | 2.7x | 2.4x | 0.5x |
| Mon, 06 Jun 2022 | CA$20.8b | CA$31.0b | CA$7.1b | 3.3x | 2.9x | 0.7x |
| Wed, 04 May 2022 | CA$21.0b | CA$30.2b | CA$7.0b | 3.1x | 3x | 0.7x |
| Fri, 01 Apr 2022 | CA$20.7b | CA$28.9b | CA$6.3b | 3.1x | 3.3x | 0.7x |
| Sun, 27 Feb 2022 | CA$23.1b | CA$29.0b | CA$6.8b | 3.5x | 3.4x | 0.8x |
| Tue, 25 Jan 2022 | CA$21.8b | CA$28.3b | CA$6.8b | 3.2x | 3.2x | 0.8x |
| Thu, 23 Dec 2021 | CA$21.8b | CA$28.4b | CA$6.8b | 3.3x | 3.2x | 0.8x |
| Sat, 20 Nov 2021 | CA$21.0b | CA$28.2b | CA$6.8b | 3.1x | 3.1x | 0.7x |
| Mon, 18 Oct 2021 | CA$22.4b | CA$26.6b | CA$6.6b | 4.2x | 3.4x | 0.8x |
| Wed, 15 Sep 2021 | CA$19.9b | CA$26.6b | CA$6.6b | 3.6x | 3x | 0.7x |
| Fri, 13 Aug 2021 | CA$19.8b | CA$26.6b | CA$6.6b | 3.7x | 3x | 0.7x |
| Tue, 08 Jun 2021 | CA$21.6b | CA$20.6b | CA$3.6b | 8.8x | 6.1x | 1x |
| Mon, 01 Mar 2021 | CA$19.9b | CA$17.3b | CA$1.9b | 13.8x | 10.7x | 1.2x |
| Thu, 03 Dec 2020 | CA$12.3b | CA$15.6b | CA$802.8m | 14x | 15.4x | 0.8x |
| Sun, 06 Sep 2020 | CA$11.9b | CA$14.2b | -CA$141,248,760.59 | 28.7x | -84.6x | 0.8x |
| Wed, 10 Jun 2020 | CA$7.3b | CA$14.6b | -CA$392,938,614.81 | 22.5x | -18.6x | 0.5x |
Price to Earnings Ratio
-18.6x
Current Industry PE
- Investors are pessimistic on the Canadian Forest Products industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of -1.7x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- Total earnings for the Forest Products industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 23% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Canadian Forestry Products compare with similar industries?
| CA Market | 0.61% | |
| Materials | 1.01% | |
| Paper and Forestry Products | -0.69% | |
| Forestry Products | -0.77% | |
| Paper Products | 3.98% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SJ Stella-Jones | CA$61.34 | 2.1% +CA$73.5m | 71.4% | PE14x | |
| WEF Western Forest Products | CA$1.06 | 1.9% +CA$6.3m | -43.0% | PE48.7x | |
| CFF Conifex Timber | CA$1.24 | 3.3% +CA$1.6m | -34.7% | PE9.9x |