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Canadian (TSX) Paper and Forestry Products Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies12
  • 7D0.004%
  • 3M9.7%
  • 1Y-5.0%
  • YTD6.7%

Over the last 7 days, the Paper and Forestry Products industry has remained flat, although notably Canfor declined by 3.6%. As for the longer term, the industry has declined 5.0% in the last year. As for the next few years, earnings are expected to grow by 46% per annum.

Industry Valuation and Performance

Has the Canadian Paper and Forestry Products Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Mar 2026CA$15.1bCA$21.7b-CA$2,381,752,955.0011.4x-6.3x0.7x
Fri, 13 Feb 2026CA$16.7bCA$21.8b-CA$1,883,110,265.0017.4x-8.9x0.8x
Sun, 11 Jan 2026CA$14.9bCA$22.4b-CA$936,890,221.0017.1x-15.9x0.7x
Tue, 09 Dec 2025CA$14.0bCA$22.3b-CA$935,489,021.0016.5x-14.9x0.6x
Thu, 06 Nov 2025CA$13.5bCA$22.4b-CA$1,067,068,503.0017.7x-12.7x0.6x
Sat, 04 Oct 2025CA$14.6bCA$22.5b-CA$893,689,803.0021.2x-16.4x0.7x
Mon, 01 Sep 2025CA$15.1bCA$22.4b-CA$890,925,363.0022.8x-17x0.7x
Wed, 30 Jul 2025CA$15.1bCA$22.5b-CA$942,310,603.0015x-16x0.7x
Fri, 27 Jun 2025CA$15.4bCA$22.6b-CA$765,999,703.0016.6x-20.1x0.7x
Sun, 25 May 2025CA$15.1bCA$22.7b-CA$766,197,153.0016.6x-19.7x0.7x
Tue, 22 Apr 2025CA$14.7bCA$23.0b-CA$893,908,074.0013.8x-16.5x0.6x
Thu, 20 Mar 2025CA$16.0bCA$23.3b-CA$894,153,174.0014.4x-17.9x0.7x
Sat, 15 Feb 2025CA$16.3bCA$23.4b-CA$948,858,957.0011.8x-17.2x0.7x
Mon, 13 Jan 2025CA$17.0bCA$22.6b-CA$1,168,989,587.0011.6x-14.5x0.8x
Wed, 11 Dec 2024CA$18.5bCA$23.5b-CA$1,210,234,867.0012.5x-15.3x0.8x
Fri, 08 Nov 2024CA$18.5bCA$23.3b-CA$1,210,791,691.0012.1x-15.3x0.8x
Sun, 06 Oct 2024CA$19.6bCA$23.8b-CA$336,026,061.0014.6x-58.3x0.8x
Tue, 03 Sep 2024CA$18.2bCA$23.7b-CA$337,152,711.0014.8x-53.9x0.8x
Thu, 01 Aug 2024CA$18.7bCA$23.9b-CA$294,279,393.0015.3x-63.7x0.8x
Sat, 29 Jun 2024CA$17.1bCA$23.8b-CA$492,531,393.0012.3x-34.7x0.7x
Mon, 27 May 2024CA$17.6bCA$23.8b-CA$490,686,588.0012.1x-35.8x0.7x
Wed, 24 Apr 2024CA$16.9bCA$23.8b-CA$687,632,903.0012x-24.5x0.7x
Fri, 22 Mar 2024CA$17.8bCA$23.7b-CA$680,344,863.0011.9x-26.2x0.8x
Sun, 18 Feb 2024CA$17.3bCA$23.8b-CA$845,286,044.0012.3x-20.4x0.7x
Tue, 16 Jan 2024CA$18.6bCA$24.0b-CA$663,715,044.0010.9x-28.1x0.8x
Thu, 14 Dec 2023CA$16.6bCA$24.0b-CA$664,437,294.0010.5x-25x0.7x
Sat, 11 Nov 2023CA$16.9bCA$24.2b-CA$684,609,503.0010.2x-24.6x0.7x
Mon, 09 Oct 2023CA$15.3bCA$25.4b-CA$407,873,750.0010.5x-37.5x0.6x
Wed, 06 Sep 2023CA$16.9bCA$25.4b-CA$407,758,750.0010.2x-41.4x0.7x
Fri, 04 Aug 2023CA$17.5bCA$25.9b-CA$14,409,137.009.5x-1212.4x0.7x
Sun, 02 Jul 2023CA$18.9bCA$28.3bCA$1.6b8.9x11.7x0.7x
Tue, 30 May 2023CA$16.5bCA$28.5bCA$1.6b8.7x10.1x0.6x
Thu, 27 Apr 2023CA$16.0bCA$30.0bCA$2.9b6x5.6x0.5x
Sat, 25 Mar 2023CA$16.0bCA$32.1bCA$4.4b5.5x3.6x0.5x
Price to Earnings Ratio

3.6x


Total Market Cap: CA$16.0bTotal Earnings: CA$4.4bTotal Revenue: CA$32.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Paper and Forestry Products Industry Price to Earnings3Y Average -29.7x202420252026
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 0.69x.
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 12% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Canadian Materials industry?

CA Market-1.85%
Materials-5.28%
Paper and Forestry Products0.004%
Forestry Products0.013%
Paper Products-1.05%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 46% over the next 5 years.
    • However this is lower than its past earnings growth rate of 65% per year.
    • In contrast, the Forestry Products industry is expected to see its earnings grow by 46% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		WFG West Fraser TimberCA$90.393.2%
    +CA$221.6m    		-19.0%PS0.9x
    		IFP InterforCA$9.012.2%
    +CA$12.5m    		-40.8%PS0.2x
    		SXP SupremexCA$3.682.8%
    +CA$2.4m    		-8.0%PE7.4x
    		CFF Conifex TimberCA$0.1633.3%
    +CA$1.6m    		-50.0%PS0.04x
    		CFX Canfor Pulp ProductsCA$0.522.0%
    +CA$652.3k    		-21.2%PS0.05x

    Latest News

    SJ
    CA$95.07
    Stella-Jones
    7D
    -2.0%
    1Y
    40.4%
    CFX
    CA$0.52
    Canfor Pulp Products
    7D
    2.0%
    1Y
    -21.2%
    CFP
    CA$13.39
    Canfor
    7D
    -1.7%
    1Y
    -13.7%
    IFP
    CA$9.01
    Interfor
    7D
    2.2%
    1Y
    -40.8%
    WBE
    CA$0.20
    WestBond Enterprises
    7D
    -6.8%
    1Y
    64.0%
    WEF
    CA$12.68
    Western Forest Products
    7D
    -7.1%
    1Y
    -3.9%

    WEF: Lower Discount Rate And Firmer Margins Will Support Higher Future Earnings Multiple

    Narrative Update Analysts have lifted their price target on Western Forest Products by CA$2 to CA$15.13, citing modest shifts in discount rate assumptions, slightly higher projected profit margin, and a small adjustment to the future P/E multiple. Analyst Commentary Recent price target revisions on Western Forest Products provide a snapshot of how research desks are thinking about valuation, execution risk, and potential growth.
    SXP
    CA$3.68
    Supremex
    7D
    2.8%
    1Y
    -8.0%
    WFG
    CA$90.39
    West Fraser Timber
    7D
    3.2%
    1Y
    -19.0%

    WFG: Upgraded Outlook And Impairment Test Will Support Future Upside Potential

    Analysts have trimmed their price target on West Fraser Timber to about CA$109 from roughly CA$110. This reflects slightly more cautious assumptions on fair value, revenue growth and profit margins, partly offset by a modestly higher expected future P/E multiple following the recent upgrade in Street research coverage.
    CFF
    CA$0.16
    Conifex Timber
    7D
    33.3%
    1Y
    -50.0%
    ADN
    CA$16.87
    Acadian Timber
    7D
    -0.6%
    1Y
    -3.3%
    GFP
    CA$2.22
    GreenFirst Forest Products
    7D
    -3.1%
    1Y
    -45.9%
    AEP
    CA$0.61
    Atlas Engineered Products
    7D
    -1.6%
    1Y
    -35.1%

    Why Investors Shouldn't Be Surprised By Atlas Engineered Products Ltd.'s (CVE:AEP) 29% Share Price Surge

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