Acadian Timber (TSE:ADN) Is Due To Pay A Dividend Of CA$0.29
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Canadian (TSX) Forestry Products Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
- 7D-3.5%
- 3M-10.6%
- 1Y-2.7%
- YTDn/a
Over the last 7 days, the Forestry Products industry has dropped 6.4%, driven by West Fraser Timber declining 3.5%. As for the longer term, the industry's performance has been flat for the past year. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | CA$17.0b | CA$22.5b | -CA$1,017,159,149.00 | 12.2x | -16.7x | 0.8x |
| Mon, 18 Nov 2024 | CA$17.8b | CA$22.3b | -CA$1,014,072,276.00 | 11.8x | -17.6x | 0.8x |
| Wed, 16 Oct 2024 | CA$20.2b | CA$22.8b | -CA$286,419,656.00 | 34.7x | -70.4x | 0.9x |
| Fri, 13 Sep 2024 | CA$17.9b | CA$22.6b | -CA$289,426,956.00 | 31.9x | -61.8x | 0.8x |
| Sun, 11 Aug 2024 | CA$17.7b | CA$22.8b | -CA$281,722,698.00 | 30.8x | -62.8x | 0.8x |
| Tue, 09 Jul 2024 | CA$16.4b | CA$22.6b | -CA$423,569,098.00 | 14.6x | -38.7x | 0.7x |
| Thu, 06 Jun 2024 | CA$16.7b | CA$22.6b | -CA$424,022,698.00 | 14x | -39.5x | 0.7x |
| Sat, 04 May 2024 | CA$16.7b | CA$22.6b | -CA$426,294,207.00 | 12.6x | -39.2x | 0.7x |
| Mon, 01 Apr 2024 | CA$17.9b | CA$22.5b | -CA$606,883,287.00 | 13.7x | -29.5x | 0.8x |
| Wed, 28 Feb 2024 | CA$16.4b | CA$22.6b | -CA$716,561,997.00 | 15x | -22.9x | 0.7x |
| Fri, 26 Jan 2024 | CA$17.5b | CA$22.7b | -CA$534,715,617.00 | 14.8x | -32.7x | 0.8x |
| Sun, 24 Dec 2023 | CA$18.0b | CA$22.6b | -CA$532,420,467.00 | 13.8x | -33.8x | 0.8x |
| Tue, 21 Nov 2023 | CA$17.4b | CA$22.9b | -CA$535,468,806.00 | 10.1x | -32.4x | 0.8x |
| Thu, 19 Oct 2023 | CA$15.4b | CA$24.0b | -CA$333,877,946.00 | 10.6x | -46.1x | 0.6x |
| Sat, 16 Sep 2023 | CA$15.9b | CA$23.9b | -CA$332,906,946.00 | 11.7x | -47.9x | 0.7x |
| Mon, 14 Aug 2023 | CA$17.1b | CA$23.8b | -CA$331,301,564.00 | 8.3x | -51.7x | 0.7x |
| Wed, 12 Jul 2023 | CA$18.5b | CA$26.8b | CA$1.7b | 9.5x | 11.2x | 0.7x |
| Fri, 09 Jun 2023 | CA$16.7b | CA$26.9b | CA$1.7b | 8.6x | 10x | 0.6x |
| Sun, 07 May 2023 | CA$16.2b | CA$26.9b | CA$1.7b | 7.6x | 9.5x | 0.6x |
| Tue, 04 Apr 2023 | CA$15.9b | CA$30.4b | CA$4.4b | 4.5x | 3.6x | 0.5x |
| Thu, 02 Mar 2023 | CA$16.7b | CA$30.7b | CA$4.5b | 5.8x | 3.7x | 0.5x |
| Sat, 28 Jan 2023 | CA$18.2b | CA$31.1b | CA$5.3b | 4x | 3.4x | 0.6x |
| Mon, 26 Dec 2022 | CA$15.5b | CA$31.4b | CA$5.4b | 3.2x | 2.9x | 0.5x |
| Wed, 23 Nov 2022 | CA$17.7b | CA$31.2b | CA$5.4b | 3.3x | 3.3x | 0.6x |
| Fri, 21 Oct 2022 | CA$15.4b | CA$31.2b | CA$6.0b | 3.1x | 2.6x | 0.5x |
| Sun, 18 Sep 2022 | CA$17.3b | CA$30.8b | CA$5.9b | 3.6x | 3x | 0.6x |
| Tue, 16 Aug 2022 | CA$19.5b | CA$30.4b | CA$5.8b | 3.6x | 3.4x | 0.6x |
| Thu, 14 Jul 2022 | CA$17.5b | CA$31.4b | CA$7.3b | 2.6x | 2.4x | 0.6x |
| Sat, 11 Jun 2022 | CA$18.2b | CA$31.2b | CA$7.2b | 3.1x | 2.5x | 0.6x |
| Mon, 09 May 2022 | CA$20.7b | CA$30.6b | CA$7.1b | 3.2x | 2.9x | 0.7x |
| Wed, 06 Apr 2022 | CA$18.8b | CA$28.8b | CA$6.3b | 2.9x | 3x | 0.7x |
| Fri, 04 Mar 2022 | CA$23.4b | CA$28.9b | CA$6.4b | 3.5x | 3.7x | 0.8x |
| Sun, 30 Jan 2022 | CA$22.5b | CA$28.4b | CA$6.8b | 3.3x | 3.3x | 0.8x |
| Tue, 28 Dec 2021 | CA$22.2b | CA$28.4b | CA$6.8b | 3.4x | 3.3x | 0.8x |
Price to Earnings Ratio
3.3x
Current Industry PE
- Investors are optimistic on the Canadian Forest Products industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
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 7.4% per year, which is driving profits down.
Industry Comparison
How does Canadian Forestry Products compare with similar industries?
| CA Market | -2.58% | |
| Materials | -4.07% | |
| Paper and Forestry Products | -3.51% | |
| Forestry Products | -3.49% | |
| Paper Products | -6.52% | |
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 | |
|---|---|---|---|---|---|
| AEP Atlas Engineered Products | CA$1.23 | 3.4% +CA$2.8m | 11.8% | PE75.7x |