Analysis Article • May 18
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- 7D7.3%
- 3M-8.0%
- 1Y-9.5%
- YTD-1.6%
In the last week, the Paper and Forestry Products industry is up 7.3%, with West Fraser Timber up 8.6%. Meanwhile, Atlas Engineered Products actually underperformed within the industry, shrinking 11% in the last week. In the past year, the industry is down 9.5%. 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 |
|---|---|---|---|---|---|---|
| Thu, 28 May 2026 | CA$13.6b | CA$20.6b | -CA$2,738,503,621.00 | 10.8x | -5x | 0.7x |
| Sat, 25 Apr 2026 | CA$14.4b | CA$21.0b | -CA$2,238,043,935.00 | 10.5x | -6.4x | 0.7x |
| Mon, 23 Mar 2026 | CA$13.9b | CA$21.0b | -CA$2,237,076,875.00 | 10.9x | -6.2x | 0.7x |
| Wed, 18 Feb 2026 | CA$16.4b | CA$21.7b | -CA$1,905,970,915.00 | 11.1x | -8.6x | 0.8x |
| Fri, 16 Jan 2026 | CA$15.1b | CA$22.3b | -CA$936,528,141.00 | 17.3x | -16.2x | 0.7x |
| Sun, 14 Dec 2025 | CA$13.8b | CA$22.3b | -CA$933,257,021.00 | 17x | -14.8x | 0.6x |
| Tue, 11 Nov 2025 | CA$13.6b | CA$22.4b | -CA$855,488,573.00 | 15.8x | -15.9x | 0.6x |
| Thu, 09 Oct 2025 | CA$14.7b | CA$22.5b | -CA$893,740,203.00 | 21x | -16.5x | 0.7x |
| Sat, 06 Sep 2025 | CA$15.2b | CA$22.4b | -CA$892,408,383.00 | 22.6x | -17x | 0.7x |
| Mon, 04 Aug 2025 | CA$14.9b | CA$22.4b | -CA$954,661,343.00 | 14.8x | -15.6x | 0.7x |
| Wed, 02 Jul 2025 | CA$15.3b | CA$22.6b | -CA$766,002,483.00 | 16.4x | -20x | 0.7x |
| Fri, 30 May 2025 | CA$15.1b | CA$22.7b | -CA$766,033,208.00 | 16.7x | -19.7x | 0.7x |
| Sun, 27 Apr 2025 | CA$14.8b | CA$22.8b | -CA$884,218,434.00 | 32.9x | -16.8x | 0.6x |
| Tue, 25 Mar 2025 | CA$15.8b | CA$23.3b | -CA$894,149,824.00 | 14.5x | -17.7x | 0.7x |
| Thu, 20 Feb 2025 | CA$16.3b | CA$23.4b | -CA$954,875,157.00 | 14.7x | -17x | 0.7x |
| Sat, 18 Jan 2025 | CA$17.7b | CA$23.7b | -CA$1,213,052,467.00 | 12.3x | -14.6x | 0.7x |
| Mon, 16 Dec 2024 | CA$17.9b | CA$23.6b | -CA$1,210,836,787.00 | 12.4x | -14.7x | 0.8x |
| Wed, 13 Nov 2024 | CA$18.2b | CA$23.4b | -CA$1,240,883,331.00 | 12.3x | -14.6x | 0.8x |
| Fri, 11 Oct 2024 | CA$20.4b | CA$23.9b | -CA$333,563,961.00 | 14.4x | -61.2x | 0.9x |
| Sun, 08 Sep 2024 | CA$18.0b | CA$23.8b | -CA$336,166,711.00 | 14.7x | -53.5x | 0.8x |
| Tue, 06 Aug 2024 | CA$18.2b | CA$24.0b | -CA$275,201,493.00 | 15.1x | -66.1x | 0.8x |
| Thu, 04 Jul 2024 | CA$16.7b | CA$23.7b | -CA$492,021,993.00 | 12.3x | -34x | 0.7x |
| Sat, 01 Jun 2024 | CA$16.9b | CA$23.7b | -CA$490,328,388.00 | 11.8x | -34.5x | 0.7x |
| Mon, 29 Apr 2024 | CA$16.9b | CA$23.8b | -CA$582,495,533.00 | 12.1x | -29.1x | 0.7x |
| Wed, 27 Mar 2024 | CA$18.3b | CA$23.7b | -CA$681,229,963.00 | 12.1x | -26.9x | 0.8x |
| Fri, 23 Feb 2024 | CA$17.1b | CA$23.8b | -CA$845,232,604.00 | 12.2x | -20.3x | 0.7x |
| Sun, 21 Jan 2024 | CA$18.1b | CA$24.0b | -CA$664,123,784.00 | 10.2x | -27.3x | 0.8x |
| Tue, 19 Dec 2023 | CA$16.7b | CA$23.9b | -CA$663,321,284.00 | 10.4x | -25.2x | 0.7x |
| Thu, 16 Nov 2023 | CA$17.5b | CA$24.1b | -CA$657,460,863.00 | 10.3x | -26.7x | 0.7x |
| Sat, 14 Oct 2023 | CA$15.2b | CA$25.4b | -CA$407,844,750.00 | 10.6x | -37.2x | 0.6x |
| Mon, 11 Sep 2023 | CA$16.1b | CA$25.4b | -CA$407,772,750.00 | 10.9x | -39.5x | 0.6x |
| Wed, 09 Aug 2023 | CA$17.4b | CA$25.2b | -CA$357,782,137.00 | 9.4x | -48.5x | 0.7x |
| Fri, 07 Jul 2023 | CA$18.2b | CA$28.4b | CA$1.6b | 9.2x | 11.2x | 0.6x |
| Sun, 04 Jun 2023 | CA$16.2b | CA$28.4b | CA$1.6b | 8.8x | 10x | 0.6x |
Price to Earnings Ratio
10x
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 10% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | 2.53% | |
| Materials | 5.64% | |
| Paper and Forestry Products | 7.31% | |
| Forestry Products | 7.36% | |
| Paper Products | 0% | 0 |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 1.4x.
- 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 | |
|---|---|---|---|---|---|
| WFG West Fraser Timber | CA$92.10 | 10.0% +CA$653.1m | -8.5% | PS1x | |
| SJ Stella-Jones | CA$76.72 | 6.6% +CA$259.7m | 2.1% | PE13.8x | |
| CFP Canfor | CA$13.41 | 11.5% +CA$161.9m | 1.2% | PS0.3x | |
| IFP Interfor | CA$10.60 | 16.0% +CA$96.0m | -14.4% | PS0.3x | |
| WEF Western Forest Products | CA$16.01 | 15.5% +CA$22.7m | 33.4% | PS0.2x |