Narrative Update • Jun 06
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- 7D-1.6%
- 3M-4.2%
- 1Y-8.2%
- YTD1.9%
Over the last 7 days, the Paper and Forestry Products industry has dropped 1.6%, driven by a pullback from West Fraser Timber of 3.3%. Overall the industry is down 8.2% in 12 months. Earnings are forecast to grow by 48% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 09 Jun 2026 | CA$14.6b | CA$20.7b | -CA$2,754,048,061.00 | 11.1x | -5.3x | 0.7x |
| Thu, 07 May 2026 | CA$13.6b | CA$20.8b | -CA$2,603,292,335.00 | 10.6x | -5.2x | 0.7x |
| Sat, 04 Apr 2026 | CA$15.2b | CA$21.1b | -CA$2,264,373,635.00 | 11.4x | -6.7x | 0.7x |
| Mon, 02 Mar 2026 | CA$15.2b | CA$21.7b | -CA$1,912,665,205.00 | 11.3x | -7.9x | 0.7x |
| Wed, 28 Jan 2026 | CA$15.9b | CA$22.2b | -CA$928,664,061.00 | 17.4x | -17.1x | 0.7x |
| Fri, 26 Dec 2025 | CA$13.7b | CA$22.2b | -CA$931,002,701.00 | 16.8x | -14.7x | 0.6x |
| Sun, 23 Nov 2025 | CA$13.6b | CA$22.5b | -CA$941,331,901.00 | 15.8x | -14.5x | 0.6x |
| Tue, 21 Oct 2025 | CA$14.2b | CA$22.5b | -CA$894,695,283.00 | 20.3x | -15.9x | 0.6x |
| Thu, 18 Sep 2025 | CA$15.4b | CA$22.4b | -CA$891,405,423.00 | 22.1x | -17.3x | 0.7x |
| Sat, 16 Aug 2025 | CA$15.4b | CA$22.4b | -CA$890,614,983.00 | 17.9x | -17.3x | 0.7x |
| Mon, 14 Jul 2025 | CA$16.0b | CA$22.7b | -CA$765,989,823.00 | 16.7x | -20.8x | 0.7x |
| Wed, 11 Jun 2025 | CA$15.7b | CA$22.6b | -CA$766,060,208.00 | 16.9x | -20.5x | 0.7x |
| Fri, 09 May 2025 | CA$15.1b | CA$22.9b | -CA$847,865,153.00 | 14.3x | -17.8x | 0.7x |
| Sun, 06 Apr 2025 | CA$15.1b | CA$23.3b | -CA$894,105,724.00 | 13.8x | -16.9x | 0.6x |
| Tue, 04 Mar 2025 | CA$16.5b | CA$23.6b | -CA$953,928,724.00 | 14.2x | -17.3x | 0.7x |
| Thu, 30 Jan 2025 | CA$17.6b | CA$23.7b | -CA$1,212,673,267.00 | 12.4x | -14.6x | 0.7x |
| Sat, 28 Dec 2024 | CA$17.5b | CA$23.7b | -CA$1,212,574,387.00 | 12.2x | -14.4x | 0.7x |
| Mon, 25 Nov 2024 | CA$18.4b | CA$23.4b | -CA$1,208,357,107.00 | 12.3x | -15.2x | 0.8x |
| Wed, 23 Oct 2024 | CA$19.3b | CA$23.9b | -CA$332,427,161.00 | 13.7x | -57.9x | 0.8x |
| Fri, 20 Sep 2024 | CA$19.0b | CA$23.8b | -CA$336,253,711.00 | 14.7x | -56.4x | 0.8x |
| Sun, 18 Aug 2024 | CA$17.9b | CA$23.8b | -CA$334,420,743.00 | 14.5x | -53.4x | 0.7x |
| Tue, 16 Jul 2024 | CA$16.9b | CA$23.8b | -CA$492,459,393.00 | 12.4x | -34.3x | 0.7x |
| Thu, 13 Jun 2024 | CA$17.1b | CA$23.8b | -CA$492,768,724.00 | 12.2x | -34.6x | 0.7x |
| Sat, 11 May 2024 | CA$17.0b | CA$23.8b | -CA$501,102,088.00 | 11.8x | -34x | 0.7x |
| Mon, 08 Apr 2024 | CA$17.3b | CA$23.7b | -CA$686,455,553.00 | 11.9x | -25.3x | 0.7x |
| Wed, 06 Mar 2024 | CA$17.4b | CA$23.9b | -CA$833,046,553.00 | 11.3x | -20.9x | 0.7x |
| Fri, 02 Feb 2024 | CA$17.6b | CA$23.9b | -CA$663,262,434.00 | 10.8x | -26.5x | 0.7x |
| Sun, 31 Dec 2023 | CA$18.2b | CA$23.9b | -CA$661,771,924.00 | 10.8x | -27.5x | 0.8x |
| Tue, 28 Nov 2023 | CA$17.6b | CA$24.1b | -CA$663,858,333.00 | 8.7x | -26.5x | 0.7x |
| Thu, 26 Oct 2023 | CA$15.2b | CA$25.5b | -CA$408,522,750.00 | 10.2x | -37.1x | 0.6x |
| Sat, 23 Sep 2023 | CA$16.0b | CA$25.2b | -CA$406,964,750.00 | 10.5x | -39.3x | 0.6x |
| Mon, 21 Aug 2023 | CA$17.1b | CA$25.3b | -CA$405,551,642.00 | 8.2x | -42.3x | 0.7x |
| Wed, 19 Jul 2023 | CA$19.2b | CA$28.2b | CA$1.6b | 9.9x | 12x | 0.7x |
| Fri, 16 Jun 2023 | CA$17.8b | CA$28.2b | CA$1.6b | 8.6x | 11.1x | 0.6x |
Price to Earnings Ratio
11.1x
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 9.8% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -0.68% | |
| Materials | -8.76% | |
| Paper and Forestry Products | -1.62% | |
| Forestry Products | -1.61% | |
| Paper Products | -3.18% | |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 1.5x.
- 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 48% 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 48% 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 | |
|---|---|---|---|---|---|
| SJ Stella-Jones | CA$80.12 | 1.8% +CA$76.4m | 1.6% | PE14.4x | |
| WEF Western Forest Products | CA$16.09 | 1.6% +CA$2.7m | 30.8% | PS0.2x | |
| AEP Atlas Engineered Products | CA$0.63 | 1.6% +CA$705.0k | -29.2% | PS0.7x | |
| CFF Conifex Timber | CA$0.13 | 4.0% +CA$203.8k | -62.9% | PS0.04x |