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Canadian (TSX) Paper and Forestry Products Industry Analysis

UpdatedJun 28, 2026
DataAggregated Company Financials
Companies11
  • 7D0.6%
  • 3M1.8%
  • 1Y-0.2%
  • YTD8.4%

In the last week, Paper and Forestry Products has been flat. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Jun 2026CA$15.3bCA$20.8b-CA$2,781,740,971.0011.4x-5.5x0.7x
Tue, 26 May 2026CA$13.5bCA$20.6b-CA$2,737,289,941.0010.6x-4.9x0.7x
Thu, 23 Apr 2026CA$14.5bCA$21.0b-CA$2,238,652,985.0010.3x-6.5x0.7x
Sat, 21 Mar 2026CA$14.1bCA$21.0b-CA$2,237,076,875.0010.9x-6.3x0.7x
Mon, 16 Feb 2026CA$16.4bCA$21.6b-CA$1,904,078,175.0011.1x-8.6x0.8x
Wed, 14 Jan 2026CA$14.8bCA$22.3b-CA$936,136,301.0017x-15.8x0.7x
Fri, 12 Dec 2025CA$13.9bCA$22.3b-CA$933,358,701.0016.8x-14.9x0.6x
Sun, 09 Nov 2025CA$13.6bCA$22.4b-CA$855,855,613.0015.7x-15.9x0.6x
Tue, 07 Oct 2025CA$14.8bCA$22.5b-CA$893,649,483.0021.3x-16.6x0.7x
Thu, 04 Sep 2025CA$14.8bCA$22.4b-CA$891,750,663.0022.7x-16.6x0.7x
Sat, 02 Aug 2025CA$14.9bCA$22.5b-CA$942,561,343.0014.8x-15.8x0.7x
Mon, 30 Jun 2025CA$15.3bCA$22.7b-CA$765,986,543.0016.7x-20x0.7x
Wed, 28 May 2025CA$15.3bCA$22.7b-CA$766,177,593.0016.6x-20x0.7x
Fri, 25 Apr 2025CA$14.7bCA$22.8b-CA$884,219,414.0031.9x-16.6x0.6x
Sun, 23 Mar 2025CA$15.8bCA$23.3b-CA$894,162,274.0014.3x-17.7x0.7x
Tue, 18 Feb 2025CA$16.3bCA$23.4b-CA$954,866,957.0014.3x-17x0.7x
Thu, 16 Jan 2025CA$17.1bCA$23.6b-CA$1,211,726,707.0012.2x-14.1x0.7x
Sat, 14 Dec 2024CA$18.3bCA$23.6b-CA$1,210,836,787.0012.4x-15.1x0.8x
Mon, 11 Nov 2024CA$18.0bCA$23.3b-CA$1,240,644,291.0012.6x-14.5x0.8x
Wed, 09 Oct 2024CA$19.7bCA$23.8b-CA$334,932,761.0015x-59x0.8x
Fri, 06 Sep 2024CA$17.9bCA$23.7b-CA$336,938,111.0014.7x-53.1x0.8x
Sun, 04 Aug 2024CA$18.2bCA$24.0b-CA$274,572,193.0015.1x-66.2x0.8x
Tue, 02 Jul 2024CA$17.0bCA$23.8b-CA$493,092,093.0012.3x-34.4x0.7x
Thu, 30 May 2024CA$17.4bCA$23.8b-CA$491,035,788.0011.9x-35.3x0.7x
Sat, 27 Apr 2024CA$16.9bCA$23.8b-CA$582,495,533.0012.1x-29x0.7x
Mon, 25 Mar 2024CA$18.2bCA$23.7b-CA$681,632,433.0011.9x-26.7x0.8x
Wed, 21 Feb 2024CA$17.1bCA$23.8b-CA$845,870,544.0012.2x-20.3x0.7x
Fri, 19 Jan 2024CA$18.1bCA$24.0b-CA$664,394,494.0010.5x-27.2x0.8x
Sun, 17 Dec 2023CA$17.0bCA$23.9b-CA$663,140,454.0010.4x-25.6x0.7x
Tue, 14 Nov 2023CA$17.0bCA$24.2b-CA$684,656,583.0010.3x-24.8x0.7x
Thu, 12 Oct 2023CA$15.5bCA$25.3b-CA$407,537,250.0011x-38x0.6x
Sat, 09 Sep 2023CA$16.2bCA$25.4b-CA$407,772,750.0010.9x-39.8x0.6x
Mon, 07 Aug 2023CA$17.5bCA$25.2b-CA$357,632,137.009.5x-48.8x0.7x
Wed, 05 Jul 2023CA$19.0bCA$28.2bCA$1.6b8.9x11.8x0.7x
Price to Earnings Ratio

11.8x


Total Market Cap: CA$19.0bTotal Earnings: CA$1.6bTotal Revenue: CA$28.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Paper and Forestry Products Industry Price to Earnings3Y Average -31x202420252026
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-0.35%
Materials-4.98%
Paper and Forestry Products0.59%
Forestry Products0.61%
Paper Products-2.63%
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 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?

CompanyLast Price7D1YValuation
WFG West Fraser TimberCA$98.220.9%
+CA$66.6m		-1.9%PS1x
IFP InterforCA$11.893.9%
+CA$29.6m		-5.9%PS0.3x
SJ Stella-JonesCA$82.050.3%
+CA$12.0m		4.5%PE14.7x
WEF Western Forest ProductsCA$18.553.7%
+CA$7.0m		58.5%PS0.2x

Latest News

CFP
CA$13.71
Canfor
7D
-1.2%
1Y
-1.5%
IFP
CA$11.89
Interfor
7D
3.9%
1Y
-5.9%
Narrative Update • Jun 26

IFP: Execution Risks And Compressed P E Expectations Will Pressure Future Returns

Interfor's analyst price target has shifted to CA$10.50 from CA$10, with the change reflecting mixed recent research where some analysts trimmed fair value assumptions while others modestly lifted targets based on updated views of discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent research on Interfor highlights a cautious tone among several bearish analysts, who are focusing on execution risks, earnings visibility, and what they see as limited near term upside at current valuation levels.
WFG
CA$98.22
West Fraser Timber
7D
0.9%
1Y
-1.9%
Narrative Update • Jun 24

WFG: Break Above 70 And Cyclical Recovery Will Support Future Upside

Analysts have reduced their price target on West Fraser Timber by CA$2, reflecting updated assumptions on discount rates and valuation multiples, while keeping revenue growth and profit margin expectations broadly in line with prior views. Analyst Commentary Recent research on West Fraser Timber points to a more cautious stance on the stock, with several price target cuts and at least one downgrade.
WEF
CA$18.55
Western Forest Products
7D
3.7%
1Y
58.5%
SJ
CA$82.05
Stella-Jones
7D
0.3%
1Y
4.5%
Narrative Update • Jun 17

SJ: Steel Expansion And Capital Discipline Will Support Future Share Performance

Stella-Jones comes into focus as analysts trim their CA$ price targets by up to CA$13, reflecting more cautious views outlined in recent research updates. Analyst Commentary Recent research on Stella-Jones highlights a mix of optimism about the company’s ability to execute and more cautious views reflected in lower CA$ price targets and at least one ratings downgrade.
SXP
CA$3.65
Supremex
7D
-2.7%
1Y
-4.2%
AEP
CA$0.58
Atlas Engineered Products
7D
-1.7%
1Y
-36.3%
GFP
CA$2.20
GreenFirst Forest Products
7D
-4.3%
1Y
-40.9%
CFF
CA$0.14
Conifex Timber
7D
-3.6%
1Y
-59.1%
WBE
CA$0.22
WestBond Enterprises
7D
-2.2%
1Y
57.1%