Narrative Update • Jun 02
Have your own idea? Try our Stock Screener
- 7D-0.9%
- 3M-2.4%
- 1Y-5.3%
- YTD3.8%
Last week, the Paper and Forestry Products industry hasn't moved much but Stella-Jones is up 5.6% in that time. Unfortunately though, the industry is down 5.3% over the past 12 months. Looking forward, earnings are forecast to grow by 50% 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 |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | CA$14.8b | CA$20.7b | -CA$2,753,966,371.00 | 11.4x | -5.4x | 0.7x |
| Mon, 04 May 2026 | CA$13.9b | CA$20.8b | -CA$2,543,758,845.00 | 10.3x | -5.5x | 0.7x |
| Wed, 01 Apr 2026 | CA$15.0b | CA$21.1b | -CA$2,261,272,165.00 | 11.3x | -6.6x | 0.7x |
| Fri, 27 Feb 2026 | CA$15.1b | CA$21.7b | -CA$1,916,441,315.00 | 11.3x | -7.9x | 0.7x |
| Sun, 25 Jan 2026 | CA$15.7b | CA$22.2b | -CA$931,545,821.00 | 17.5x | -16.9x | 0.7x |
| Tue, 23 Dec 2025 | CA$13.5b | CA$22.3b | -CA$932,927,181.00 | 16.6x | -14.5x | 0.6x |
| Thu, 20 Nov 2025 | CA$13.2b | CA$22.4b | -CA$941,464,133.00 | 15.5x | -14.1x | 0.6x |
| Sat, 18 Oct 2025 | CA$14.5b | CA$22.5b | -CA$894,445,803.00 | 20.5x | -16.2x | 0.6x |
| Mon, 15 Sep 2025 | CA$15.6b | CA$22.4b | -CA$892,340,343.00 | 22.2x | -17.5x | 0.7x |
| Wed, 13 Aug 2025 | CA$14.8b | CA$22.4b | -CA$891,957,943.00 | 17.9x | -16.6x | 0.7x |
| Fri, 11 Jul 2025 | CA$15.8b | CA$22.6b | -CA$765,993,823.00 | 16.6x | -20.6x | 0.7x |
| Sun, 08 Jun 2025 | CA$15.5b | CA$22.7b | -CA$766,055,808.00 | 16.9x | -20.2x | 0.7x |
| Tue, 06 May 2025 | CA$15.0b | CA$22.8b | -CA$885,586,613.00 | 14.2x | -16.9x | 0.7x |
| Thu, 03 Apr 2025 | CA$16.0b | CA$23.3b | -CA$894,149,924.00 | 14.2x | -17.9x | 0.7x |
| Sat, 01 Mar 2025 | CA$16.5b | CA$23.6b | -CA$953,906,574.00 | 14.3x | -17.3x | 0.7x |
| Mon, 27 Jan 2025 | CA$18.2b | CA$23.6b | -CA$1,211,905,267.00 | 12.7x | -15x | 0.8x |
| Wed, 25 Dec 2024 | CA$17.5b | CA$23.7b | -CA$1,212,268,147.00 | 12.2x | -14.4x | 0.7x |
| Fri, 22 Nov 2024 | CA$18.2b | CA$23.4b | -CA$1,207,877,831.00 | 12.2x | -15x | 0.8x |
| Sun, 20 Oct 2024 | CA$19.6b | CA$23.9b | -CA$332,622,911.00 | 14.1x | -58.9x | 0.8x |
| Tue, 17 Sep 2024 | CA$18.7b | CA$23.8b | -CA$335,830,311.00 | 15x | -55.8x | 0.8x |
| Thu, 15 Aug 2024 | CA$18.1b | CA$23.8b | -CA$333,396,593.00 | 14.3x | -54.4x | 0.8x |
| Sat, 13 Jul 2024 | CA$17.0b | CA$23.7b | -CA$492,092,193.00 | 12.4x | -34.5x | 0.7x |
| Mon, 10 Jun 2024 | CA$17.1b | CA$23.8b | -CA$493,057,624.00 | 12.2x | -34.7x | 0.7x |
| Wed, 08 May 2024 | CA$16.4b | CA$23.8b | -CA$490,692,888.00 | 11.5x | -33.5x | 0.7x |
| Fri, 05 Apr 2024 | CA$17.6b | CA$23.7b | -CA$685,820,953.00 | 11.9x | -25.6x | 0.7x |
| Sun, 03 Mar 2024 | CA$17.2b | CA$23.9b | -CA$832,442,013.00 | 11.3x | -20.7x | 0.7x |
| Tue, 30 Jan 2024 | CA$17.7b | CA$24.0b | -CA$663,492,484.00 | 10.9x | -26.7x | 0.7x |
| Thu, 28 Dec 2023 | CA$18.3b | CA$23.8b | -CA$661,317,174.00 | 10.6x | -27.6x | 0.8x |
| Sat, 25 Nov 2023 | CA$17.5b | CA$24.1b | -CA$664,043,443.00 | 8.7x | -26.3x | 0.7x |
| Mon, 23 Oct 2023 | CA$15.5b | CA$25.4b | -CA$408,111,250.00 | 10.3x | -37.9x | 0.6x |
| Wed, 20 Sep 2023 | CA$16.3b | CA$25.2b | -CA$406,766,750.00 | 11.3x | -40.2x | 0.6x |
| Fri, 18 Aug 2023 | CA$17.2b | CA$25.3b | -CA$405,430,142.00 | 8.2x | -42.3x | 0.7x |
| Sun, 16 Jul 2023 | CA$18.7b | CA$28.2b | CA$1.6b | 9.8x | 11.7x | 0.7x |
| Tue, 13 Jun 2023 | CA$17.3b | CA$28.4b | CA$1.6b | 8.4x | 10.7x | 0.6x |
Price to Earnings Ratio
10.7x
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 | -1.18% | |
| Materials | -10.09% | |
| Paper and Forestry Products | -0.90% | |
| Paper Products | -0.32% | |
| Forestry Products | -0.90% | |
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 50% 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 50% 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$81.68 | 5.6% +CA$236.2m | 5.8% | PE14.7x | |
| WEF Western Forest Products | CA$16.51 | 4.1% +CA$6.9m | 35.9% | PS0.2x | |
| WBE WestBond Enterprises | CA$0.24 | 2.1% +CA$178.1k | 100.0% | PE21.7x |