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Canadian (TSX) Forestry Products Industry Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies9
  • 7D7.2%
  • 3M9.6%
  • 1Y-4.2%
  • YTDn/a

The Forestry Products industry is up 7.2% in the last week, with West Fraser Timber up 7.6%. In the same time, Atlas Engineered Products was down 6.7%. In the past year, the industry is down 4.2%. Looking forward, earnings are forecast to grow by 46% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Mar 2026CA$14.9bCA$20.8b-CA$2,270,727,635.0010.9x-6.5x0.7x
Wed, 25 Feb 2026CA$15.0bCA$20.7b-CA$1,918,803,435.0010.9x-7.8x0.7x
Fri, 23 Jan 2026CA$15.4bCA$21.3b-CA$940,300,915.0017.6x-16.4x0.7x
Sun, 21 Dec 2025CA$13.4bCA$21.3b-CA$940,571,235.0016.5x-14.2x0.6x
Tue, 18 Nov 2025CA$13.7bCA$21.4b-CA$947,754,107.0015.7x-14.4x0.6x
Thu, 16 Oct 2025CA$14.7bCA$21.5b-CA$725,393,927.0017.3x-20.3x0.7x
Sat, 13 Sep 2025CA$15.7bCA$21.4b-CA$722,865,107.0017.8x-21.7x0.7x
Mon, 11 Aug 2025CA$14.8bCA$21.3b-CA$722,144,303.0017.9x-20.5x0.7x
Wed, 09 Jul 2025CA$15.5bCA$21.6b-CA$599,118,503.0016.6x-25.8x0.7x
Fri, 06 Jun 2025CA$15.2bCA$21.6b-CA$599,122,023.0016.9x-25.4x0.7x
Sun, 04 May 2025CA$14.9bCA$21.7b-CA$711,823,648.0014.3x-20.9x0.7x
Tue, 01 Apr 2025CA$15.5bCA$22.3b-CA$720,421,349.0014.3x-21.6x0.7x
Thu, 27 Feb 2025CA$16.1bCA$22.3b-CA$759,981,899.0014.2x-21.2x0.7x
Sat, 25 Jan 2025CA$18.2bCA$22.5b-CA$1,016,934,509.0012.7x-17.9x0.8x
Mon, 23 Dec 2024CA$17.1bCA$22.5b-CA$1,017,159,149.0012.2x-16.8x0.8x
Wed, 20 Nov 2024CA$18.1bCA$22.3b-CA$1,012,870,356.0012.2x-17.9x0.8x
Fri, 18 Oct 2024CA$19.7bCA$22.8b-CA$286,206,506.0034.1x-68.8x0.9x
Sun, 15 Sep 2024CA$18.6bCA$22.7b-CA$289,234,106.0032.5x-64.2x0.8x
Tue, 13 Aug 2024CA$17.7bCA$22.8b-CA$281,526,948.0030.8x-62.8x0.8x
Thu, 11 Jul 2024CA$16.4bCA$22.6b-CA$423,390,898.0015x-38.8x0.7x
Sat, 08 Jun 2024CA$17.1bCA$22.7b-CA$424,559,098.0014.2x-40.3x0.8x
Mon, 06 May 2024CA$16.2bCA$22.6b-CA$427,865,962.0012.6x-38x0.7x
Wed, 03 Apr 2024CA$17.9bCA$22.5b-CA$607,335,857.0013.8x-29.5x0.8x
Fri, 01 Mar 2024CA$17.4bCA$22.6b-CA$717,249,202.0014.2x-24.2x0.8x
Sun, 28 Jan 2024CA$17.5bCA$22.7b-CA$534,416,017.0014.9x-32.8x0.8x
Tue, 26 Dec 2023CA$18.0bCA$22.6b-CA$532,420,467.0013.8x-33.8x0.8x
Thu, 23 Nov 2023CA$17.5bCA$22.9b-CA$535,293,326.0010.1x-32.7x0.8x
Sat, 21 Oct 2023CA$15.2bCA$24.0b-CA$333,880,446.0010.3x-45.6x0.6x
Mon, 18 Sep 2023CA$16.2bCA$23.9b-CA$332,953,446.0011.6x-48.7x0.7x
Wed, 16 Aug 2023CA$16.7bCA$23.9b-CA$331,552,564.008.3x-50.5x0.7x
Fri, 14 Jul 2023CA$18.6bCA$26.7bCA$1.6b9.7x11.3x0.7x
Sun, 11 Jun 2023CA$16.7bCA$26.9bCA$1.7b8.4x10x0.6x
Tue, 09 May 2023CA$16.5bCA$26.9bCA$1.7b8x9.7x0.6x
Thu, 06 Apr 2023CA$15.6bCA$30.4bCA$4.4b4.3x3.5x0.5x
Price to Earnings Ratio

3.5x


Total Market Cap: CA$15.6bTotal Earnings: CA$4.4bTotal Revenue: CA$30.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Forestry Products Industry Price to Earnings3Y Average -23.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Forest Products 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 0.72x.
Past Earnings Growth
  • Total earnings for the Forest Products industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 12% per year, which is driving profits down.

Industry Comparison

How does Canadian Forestry Products compare with similar industries?

CA Market2.28%
Materials6.94%
Paper and Forestry Products7.19%
Forestry Products7.23%
Paper Products0.76%
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?

CompanyLast Price7D1YValuation
WFG West Fraser TimberCA$88.643.6%
+CA$239.6m		-19.8%PS0.9x
CFP CanforCA$13.486.6%
+CA$96.6m		-10.7%PS0.3x
SJ Stella-JonesCA$94.131.8%
+CA$92.0m		37.9%PE15.2x
IFP InterforCA$9.759.9%
+CA$57.9m		-34.8%PS0.2x
WEF Western Forest ProductsCA$14.429.7%
+CA$13.4m		13.1%PS0.2x

Latest News

WEF
CA$14.42
Western Forest Products
7D
9.7%
1Y
13.1%

WEF: Lower Discount Rate And New Price Views Will Support Firmer Earnings Multiple

Analysts have raised their average price target for Western Forest Products by CA$7.50, citing recent target increases from TD Securities and Scotiabank as support for this revision. Analyst Commentary Recent target changes suggest analysts are reassessing Western Forest Products' risk and reward profile, with the latest CA$2 and CA$5.50 target moves contributing to a higher average price target.
GFP
CA$2.15
GreenFirst Forest Products
7D
-1.8%
1Y
-42.7%
SJ
CA$94.13
Stella-Jones
7D
1.8%
1Y
37.9%
WFG
CA$88.64
West Fraser Timber
7D
3.6%
1Y
-19.8%

WFG: Upgrade And Buyback Plan Will Support Future Upside Potential

Analysts have adjusted their assumptions on the discount rate, long term revenue growth, margin profile and future P/E for West Fraser Timber, leading to a refreshed price target of about CA$108.74, which you can use as a reference point for your own valuation work. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent upgrade as a signal that execution expectations have improved, which supports the refreshed price target of about CA$108.74 as a reasonable reference point for your own models.
ADN
CA$17.16
Acadian Timber
7D
1.5%
1Y
-1.6%
CFP
CA$13.48
Canfor
7D
6.6%
1Y
-10.7%
IFP
CA$9.75
Interfor
7D
9.9%
1Y
-34.8%
CFF
CA$0.12
Conifex Timber
7D
-20.0%
1Y
-65.7%
BAV.H
CA$0.14
Bravern Ventures
7D
-6.7%
1Y
-42.9%
AEP
CA$0.56
Atlas Engineered Products
7D
-6.7%
1Y
-41.1%

Why Investors Shouldn't Be Surprised By Atlas Engineered Products Ltd.'s (CVE:AEP) 29% Share Price Surge

Jan 03
Why Investors Shouldn't Be Surprised By Atlas Engineered Products Ltd.'s (CVE:AEP) 29% Share Price Surge