Optimistic Investors Push GreenFirst Forest Products Inc. (TSE:GFP) Shares Up 29% But Growth Is Lacking
Jan 18
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Canadian (TSX) Forestry Products Industry Analysis
UpdatedJan 19, 2026
DataAggregated Company Financials
Companies9
- 7D4.5%
- 3M9.6%
- 1Y-13.3%
- YTDn/a
The Forestry Products industry is up 4.5% in the last week, with West Fraser Timber up 5.5%. However, the industry is down 13% over the past year. Earnings are forecast to grow by 36% 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 |
|---|---|---|---|---|---|---|
| Mon, 19 Jan 2026 | CA$15.4b | CA$21.4b | -CA$943,443,075.00 | 17.3x | -16.3x | 0.7x |
| Wed, 17 Dec 2025 | CA$13.6b | CA$21.3b | -CA$939,487,475.00 | 16.8x | -14.4x | 0.6x |
| Fri, 14 Nov 2025 | CA$13.6b | CA$21.4b | -CA$862,299,347.00 | 16x | -15.8x | 0.6x |
| Sun, 12 Oct 2025 | CA$14.6b | CA$21.5b | -CA$724,821,887.00 | 17.2x | -20.1x | 0.7x |
| Tue, 09 Sep 2025 | CA$15.5b | CA$21.4b | -CA$722,377,487.00 | 17.9x | -21.4x | 0.7x |
| Thu, 07 Aug 2025 | CA$15.0b | CA$21.4b | -CA$786,705,783.00 | 14.9x | -19.1x | 0.7x |
| Sat, 05 Jul 2025 | CA$15.5b | CA$21.5b | -CA$599,133,763.00 | 16.8x | -25.9x | 0.7x |
| Mon, 02 Jun 2025 | CA$15.1b | CA$21.6b | -CA$599,110,263.00 | 16.7x | -25.2x | 0.7x |
| Wed, 30 Apr 2025 | CA$14.8b | CA$21.7b | -CA$711,817,868.00 | 14.1x | -20.8x | 0.7x |
| Fri, 28 Mar 2025 | CA$15.8b | CA$22.2b | -CA$720,382,599.00 | 14.7x | -21.9x | 0.7x |
| Sun, 23 Feb 2025 | CA$16.1b | CA$22.3b | -CA$759,924,999.00 | 14.5x | -21.2x | 0.7x |
| Tue, 21 Jan 2025 | CA$17.8b | CA$22.5b | -CA$1,016,581,229.00 | 12.2x | -17.6x | 0.8x |
| Thu, 19 Dec 2024 | CA$17.5b | CA$22.6b | -CA$1,017,767,789.00 | 12.3x | -17.2x | 0.8x |
| Sat, 16 Nov 2024 | CA$18.0b | CA$22.3b | -CA$1,014,072,276.00 | 11.8x | -17.7x | 0.8x |
| Mon, 14 Oct 2024 | CA$20.2b | CA$22.8b | -CA$286,754,606.00 | 35x | -70.5x | 0.9x |
| Wed, 11 Sep 2024 | CA$17.9b | CA$22.7b | -CA$289,073,156.00 | 31.7x | -62x | 0.8x |
| Fri, 09 Aug 2024 | CA$17.3b | CA$22.9b | -CA$219,986,448.00 | 30.5x | -78.7x | 0.8x |
| Sun, 07 Jul 2024 | CA$16.4b | CA$22.6b | -CA$423,496,198.00 | 14.5x | -38.7x | 0.7x |
| Tue, 04 Jun 2024 | CA$16.8b | CA$22.6b | -CA$422,008,962.00 | 13.6x | -39.9x | 0.7x |
| Thu, 02 May 2024 | CA$16.5b | CA$22.7b | -CA$504,503,407.00 | 13.9x | -32.6x | 0.7x |
| Sat, 30 Mar 2024 | CA$17.9b | CA$22.5b | -CA$606,819,827.00 | 13.7x | -29.5x | 0.8x |
| Mon, 26 Feb 2024 | CA$16.7b | CA$22.5b | -CA$716,091,057.00 | 14.6x | -23.3x | 0.7x |
| Wed, 24 Jan 2024 | CA$18.0b | CA$22.7b | -CA$534,658,907.00 | 14x | -33.8x | 0.8x |
| Fri, 22 Dec 2023 | CA$17.8b | CA$22.6b | -CA$532,651,587.00 | 13.9x | -33.4x | 0.8x |
| Sun, 19 Nov 2023 | CA$17.5b | CA$22.9b | -CA$535,468,806.00 | 10.1x | -32.6x | 0.8x |
| Tue, 17 Oct 2023 | CA$15.5b | CA$23.9b | -CA$333,391,946.00 | 10.6x | -46.4x | 0.6x |
| Thu, 14 Sep 2023 | CA$15.9b | CA$23.9b | -CA$333,093,446.00 | 11.3x | -47.8x | 0.7x |
| Sat, 12 Aug 2023 | CA$17.1b | CA$23.8b | -CA$346,515,564.00 | 8.3x | -49.4x | 0.7x |
| Mon, 10 Jul 2023 | CA$18.3b | CA$26.9b | CA$1.7b | 9.5x | 11.1x | 0.7x |
| Wed, 07 Jun 2023 | CA$16.4b | CA$27.0b | CA$1.7b | 8.7x | 9.8x | 0.6x |
| Fri, 05 May 2023 | CA$15.8b | CA$28.5b | CA$2.9b | 6.3x | 5.5x | 0.6x |
| Sun, 02 Apr 2023 | CA$15.8b | CA$30.5b | CA$4.4b | 4.5x | 3.6x | 0.5x |
| Tue, 28 Feb 2023 | CA$16.3b | CA$30.9b | CA$4.7b | 5.7x | 3.5x | 0.5x |
| Thu, 26 Jan 2023 | CA$17.0b | CA$31.2b | CA$5.4b | 3.7x | 3.2x | 0.5x |
Price to Earnings Ratio
3.2x
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 0.71x.
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 Market | 1.66% | |
| Materials | 4.41% | |
| Paper and Forestry Products | 4.46% | |
| Forestry Products | 4.47% | |
| Paper Products | 3.17% | |
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 | |
|---|---|---|---|---|---|
| WFG West Fraser Timber | CA$97.46 | 5.5% +CA$399.6m | -25.2% | PS1x | |
| CFP Canfor | CA$14.31 | 9.3% +CA$142.0m | -8.6% | PS0.3x | |
| IFP Interfor | CA$10.19 | 10.0% +CA$61.2m | -43.1% | PS0.2x | |
| WEF Western Forest Products | CA$13.91 | 14.9% +CA$19.0m | 6.6% | PS0.1x | |
| ADN Acadian Timber | CA$16.50 | 2.2% +CA$6.6m | -3.9% | PE20.3x |
