Narrative Update • Jun 17
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- 7D-0.2%
- 3M2.7%
- 1Y-0.3%
- YTD9.0%
The Paper and Forestry Products industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 50% 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, 26 Jun 2026 | CA$15.4b | CA$20.9b | -CA$2,783,433,121.00 | 11.4x | -5.5x | 0.7x |
| Sun, 24 May 2026 | CA$13.5b | CA$20.7b | -CA$2,738,121,095.00 | 10.7x | -4.9x | 0.7x |
| Tue, 21 Apr 2026 | CA$14.6b | CA$21.0b | -CA$2,236,263,635.00 | 10.4x | -6.5x | 0.7x |
| Thu, 19 Mar 2026 | CA$15.1b | CA$21.7b | -CA$2,384,367,185.00 | 11.4x | -6.3x | 0.7x |
| Sat, 14 Feb 2026 | CA$16.4b | CA$21.8b | -CA$1,849,378,175.00 | 11.1x | -8.9x | 0.8x |
| Mon, 12 Jan 2026 | CA$14.9b | CA$22.4b | -CA$936,890,221.00 | 17.1x | -15.9x | 0.7x |
| Wed, 10 Dec 2025 | CA$13.5b | CA$22.3b | -CA$935,355,101.00 | 16.4x | -14.5x | 0.6x |
| Fri, 07 Nov 2025 | CA$13.5b | CA$22.4b | -CA$957,775,733.00 | 17.7x | -14.1x | 0.6x |
| Sun, 05 Oct 2025 | CA$14.7b | CA$22.5b | -CA$893,689,803.00 | 21.2x | -16.4x | 0.7x |
| Tue, 02 Sep 2025 | CA$15.1b | CA$22.4b | -CA$890,925,363.00 | 22.8x | -17x | 0.7x |
| Thu, 31 Jul 2025 | CA$15.2b | CA$22.5b | -CA$943,079,203.00 | 14.9x | -16.2x | 0.7x |
| Sat, 28 Jun 2025 | CA$15.5b | CA$22.7b | -CA$765,986,543.00 | 16.7x | -20.2x | 0.7x |
| Mon, 26 May 2025 | CA$15.1b | CA$22.7b | -CA$766,197,153.00 | 16.6x | -19.7x | 0.7x |
| Wed, 23 Apr 2025 | CA$14.6b | CA$23.0b | -CA$893,903,124.00 | 13.9x | -16.3x | 0.6x |
| Fri, 21 Mar 2025 | CA$16.1b | CA$23.3b | -CA$894,148,874.00 | 14.4x | -18x | 0.7x |
| Sun, 16 Feb 2025 | CA$16.3b | CA$23.4b | -CA$954,866,957.00 | 14.3x | -17x | 0.7x |
| Tue, 14 Jan 2025 | CA$17.0b | CA$22.6b | -CA$1,168,706,387.00 | 11.6x | -14.5x | 0.8x |
| Thu, 12 Dec 2024 | CA$18.3b | CA$23.5b | -CA$1,210,137,907.00 | 12.6x | -15.1x | 0.8x |
| Sat, 09 Nov 2024 | CA$18.2b | CA$23.3b | -CA$1,240,643,998.00 | 12.9x | -14.7x | 0.8x |
| Mon, 07 Oct 2024 | CA$19.6b | CA$23.8b | -CA$336,026,061.00 | 14.6x | -58.3x | 0.8x |
| Wed, 04 Sep 2024 | CA$18.2b | CA$23.7b | -CA$336,342,161.00 | 14.7x | -54x | 0.8x |
| Fri, 02 Aug 2024 | CA$18.7b | CA$24.0b | -CA$276,531,093.00 | 15.2x | -67.6x | 0.8x |
| Sun, 30 Jun 2024 | CA$17.0b | CA$23.8b | -CA$492,531,393.00 | 12.3x | -34.5x | 0.7x |
| Tue, 28 May 2024 | CA$17.6b | CA$23.7b | -CA$490,397,688.00 | 12.2x | -35.8x | 0.7x |
| Thu, 25 Apr 2024 | CA$16.8b | CA$23.8b | -CA$582,799,733.00 | 12x | -28.9x | 0.7x |
| Sat, 23 Mar 2024 | CA$18.2b | CA$23.7b | -CA$681,632,433.00 | 11.9x | -26.7x | 0.8x |
| Mon, 19 Feb 2024 | CA$17.3b | CA$23.8b | -CA$845,286,044.00 | 12.3x | -20.4x | 0.7x |
| Wed, 17 Jan 2024 | CA$18.6b | CA$24.0b | -CA$664,419,104.00 | 10.7x | -28.1x | 0.8x |
| Fri, 15 Dec 2023 | CA$17.2b | CA$24.0b | -CA$663,433,634.00 | 10.5x | -25.9x | 0.7x |
| Sun, 12 Nov 2023 | CA$17.0b | CA$24.2b | -CA$684,609,503.00 | 10.2x | -24.8x | 0.7x |
| Tue, 10 Oct 2023 | CA$15.3b | CA$25.4b | -CA$407,873,750.00 | 10.5x | -37.5x | 0.6x |
| Thu, 07 Sep 2023 | CA$16.5b | CA$25.4b | -CA$407,751,250.00 | 10.1x | -40.5x | 0.7x |
| Sat, 05 Aug 2023 | CA$17.5b | CA$25.2b | -CA$357,632,137.00 | 9.5x | -48.9x | 0.7x |
| Mon, 03 Jul 2023 | CA$18.9b | CA$28.3b | CA$1.6b | 8.9x | 11.7x | 0.7x |
Price to Earnings Ratio
11.7x
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 9.6% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -0.90% | |
| Materials | -7.85% | |
| Paper and Forestry Products | -0.23% | |
| Forestry Products | -0.22% | |
| Paper Products | -2.57% | |
Industry PE
- Investors are most optimistic about the Paper Products industry which is trading above its 3-year average PE ratio of 1.8x.
- 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 | |
|---|---|---|---|---|---|
| IFP Interfor | CA$12.06 | 2.6% +CA$20.4m | -6.7% | PS0.3x | |
| GFP GreenFirst Forest Products | CA$2.23 | 5.5% +CA$2.7m | -39.0% | PS0.2x | |
| WEF Western Forest Products | CA$18.59 | 0.3% +CA$527.9k | 54.9% | PS0.2x | |
| WBE WestBond Enterprises | CA$0.23 | 4.4% +CA$356.3k | 67.9% | PE21.2x |