Narrative Update • Jun 02
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- 7D2.2%
- 3M-1.2%
- 1Y-4.7%
- YTD5.1%
In the last week, the Paper and Forestry Products industry is up 2.2%, with Stella-Jones up 6.0%. In the past year, the industry is down 4.7%. As for the next few years, earnings are expected to grow by 51% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 05 Jun 2026 | CA$14.8b | CA$20.7b | -CA$2,749,438,411.00 | 11.3x | -5.4x | 0.7x |
| Sun, 03 May 2026 | CA$13.9b | CA$20.8b | -CA$2,543,758,845.00 | 10.3x | -5.5x | 0.7x |
| Tue, 31 Mar 2026 | CA$14.9b | CA$21.1b | -CA$2,262,790,105.00 | 11.3x | -6.6x | 0.7x |
| Thu, 26 Feb 2026 | CA$15.2b | CA$21.7b | -CA$1,914,385,095.00 | 11.4x | -8x | 0.7x |
| Sat, 24 Jan 2026 | CA$15.7b | CA$22.2b | -CA$931,545,821.00 | 17.5x | -16.8x | 0.7x |
| Mon, 22 Dec 2025 | CA$13.5b | CA$22.3b | -CA$934,077,901.00 | 16.5x | -14.5x | 0.6x |
| Wed, 19 Nov 2025 | CA$13.4b | CA$22.4b | -CA$939,504,933.00 | 15.6x | -14.3x | 0.6x |
| Fri, 17 Oct 2025 | CA$14.9b | CA$22.5b | -CA$894,943,503.00 | 20.7x | -16.6x | 0.7x |
| Sun, 14 Sep 2025 | CA$15.6b | CA$22.4b | -CA$892,340,343.00 | 22.2x | -17.5x | 0.7x |
| Tue, 12 Aug 2025 | CA$15.0b | CA$22.4b | -CA$892,019,683.00 | 17.9x | -16.8x | 0.7x |
| Thu, 10 Jul 2025 | CA$15.9b | CA$22.7b | -CA$765,989,363.00 | 16.6x | -20.7x | 0.7x |
| Sat, 07 Jun 2025 | CA$15.5b | CA$22.7b | -CA$766,055,808.00 | 16.9x | -20.3x | 0.7x |
| Mon, 05 May 2025 | CA$15.0b | CA$22.8b | -CA$885,587,373.00 | 14.3x | -16.9x | 0.7x |
| Wed, 02 Apr 2025 | CA$15.9b | CA$23.3b | -CA$894,144,974.00 | 14.3x | -17.8x | 0.7x |
| Fri, 28 Feb 2025 | CA$16.3b | CA$23.6b | -CA$953,895,224.00 | 14.2x | -17.1x | 0.7x |
| Sun, 26 Jan 2025 | CA$18.2b | CA$23.6b | -CA$1,211,905,267.00 | 12.7x | -15x | 0.8x |
| Tue, 24 Dec 2024 | CA$17.2b | CA$23.6b | -CA$1,212,133,747.00 | 12.2x | -14.2x | 0.7x |
| Thu, 21 Nov 2024 | CA$18.1b | CA$23.4b | -CA$1,208,000,611.00 | 12x | -15x | 0.8x |
| Sat, 19 Oct 2024 | CA$19.8b | CA$23.9b | -CA$332,622,911.00 | 14.1x | -59.4x | 0.8x |
| Mon, 16 Sep 2024 | CA$18.7b | CA$23.8b | -CA$335,762,161.00 | 14.9x | -55.8x | 0.8x |
| Wed, 14 Aug 2024 | CA$17.9b | CA$23.8b | -CA$333,508,243.00 | 14.4x | -53.8x | 0.8x |
| Fri, 12 Jul 2024 | CA$16.6b | CA$23.7b | -CA$492,104,793.00 | 12.4x | -33.8x | 0.7x |
| Sun, 09 Jun 2024 | CA$17.1b | CA$23.8b | -CA$493,057,624.00 | 12.2x | -34.7x | 0.7x |
| Tue, 07 May 2024 | CA$16.5b | CA$23.8b | -CA$490,160,088.00 | 11.7x | -33.7x | 0.7x |
| Thu, 04 Apr 2024 | CA$17.9b | CA$23.7b | -CA$685,493,633.00 | 12x | -26.1x | 0.8x |
| Sat, 02 Mar 2024 | CA$17.2b | CA$23.9b | -CA$832,442,013.00 | 11.3x | -20.7x | 0.7x |
| Mon, 29 Jan 2024 | CA$17.7b | CA$24.0b | -CA$663,864,844.00 | 10.9x | -26.7x | 0.7x |
| Wed, 27 Dec 2023 | CA$18.2b | CA$23.9b | -CA$661,829,704.00 | 10.5x | -27.5x | 0.8x |
| Fri, 24 Nov 2023 | CA$17.5b | CA$24.1b | -CA$664,606,173.00 | 10.3x | -26.4x | 0.7x |
| Sun, 22 Oct 2023 | CA$15.5b | CA$25.4b | -CA$408,111,250.00 | 10.3x | -37.9x | 0.6x |
| Tue, 19 Sep 2023 | CA$16.4b | CA$25.3b | -CA$407,011,250.00 | 11.5x | -40.2x | 0.6x |
| Thu, 17 Aug 2023 | CA$17.2b | CA$25.3b | -CA$405,478,142.00 | 7.9x | -42.3x | 0.7x |
| Sat, 15 Jul 2023 | CA$18.7b | CA$28.2b | CA$1.6b | 9.8x | 11.7x | 0.7x |
| Mon, 12 Jun 2023 | CA$17.0b | CA$28.3b | CA$1.6b | 8.4x | 10.5x | 0.6x |
Price to Earnings Ratio
10.5x
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 9.9% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | 1.83% | |
| Materials | 0.66% | |
| Paper and Forestry Products | 2.18% | |
| Forestry Products | 2.20% | |
| Paper Products | -1.28% | |
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 51% 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 51% 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$81.30 | 6.0% +CA$249.3m | 5.4% | PE14.6x | |
| CFP Canfor | CA$13.81 | 2.4% +CA$37.5m | 0.2% | PS0.3x | |
| IFP Interfor | CA$10.92 | 3.0% +CA$21.0m | -16.4% | PS0.3x | |
| WEF Western Forest Products | CA$17.12 | 8.9% +CA$14.8m | 40.9% | PS0.2x | |
| WFG West Fraser Timber | CA$93.50 | 0.03% +CA$2.3m | -9.5% | PS1x |