Acadian Timber Corp. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 03
Canadian (TSX) Paper and Forestry Products Industry Analysis
UpdatedAug 03, 2024
DataAggregated Company Financials
Companies12
- 7D-2.9%
- 3M11.4%
- 1Y6.7%
- YTD3.2%
Over the last 7 days, the Paper and Forestry Products industry has dropped 2.9%, driven by Stella-Jones declining 4.2%. In contrast, GreenFirst Forest Products has gained 8.3%. Over the past 12 months, the industry was up 6.7%. Looking forward, earnings are forecast to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | CA$18.3b | CA$24.0b | -CA$274,572,193.00 | 15.1x | -66.6x | 0.8x |
| Tue, 02 Jul 2024 | CA$17.0b | CA$23.8b | -CA$493,092,093.00 | 12.3x | -34.4x | 0.7x |
| Thu, 30 May 2024 | CA$17.4b | CA$23.8b | -CA$491,035,788.00 | 11.9x | -35.3x | 0.7x |
| Sat, 27 Apr 2024 | CA$16.9b | CA$23.8b | -CA$582,495,533.00 | 12.1x | -29x | 0.7x |
| Mon, 25 Mar 2024 | CA$18.2b | CA$23.7b | -CA$681,632,433.00 | 11.9x | -26.7x | 0.8x |
| Wed, 21 Feb 2024 | CA$17.1b | CA$23.8b | -CA$845,870,544.00 | 12.2x | -20.3x | 0.7x |
| Fri, 19 Jan 2024 | CA$18.1b | CA$24.0b | -CA$664,394,494.00 | 10.5x | -27.2x | 0.8x |
| Sun, 17 Dec 2023 | CA$17.0b | CA$23.9b | -CA$663,140,454.00 | 10.4x | -25.6x | 0.7x |
| Tue, 14 Nov 2023 | CA$17.0b | CA$24.2b | -CA$684,656,583.00 | 10.3x | -24.8x | 0.7x |
| Thu, 12 Oct 2023 | CA$15.5b | CA$25.3b | -CA$407,537,250.00 | 11x | -38x | 0.6x |
| Sat, 09 Sep 2023 | CA$16.2b | CA$25.4b | -CA$407,772,750.00 | 10.9x | -39.8x | 0.6x |
| Mon, 07 Aug 2023 | CA$17.5b | CA$25.2b | -CA$357,632,137.00 | 9.5x | -48.8x | 0.7x |
| Wed, 05 Jul 2023 | CA$19.0b | CA$28.2b | CA$1.6b | 8.9x | 11.8x | 0.7x |
| Fri, 02 Jun 2023 | CA$15.8b | CA$28.4b | CA$1.6b | 8.7x | 9.7x | 0.6x |
| Sun, 30 Apr 2023 | CA$16.1b | CA$29.9b | CA$2.8b | 6.2x | 5.7x | 0.5x |
| Tue, 28 Mar 2023 | CA$16.2b | CA$32.0b | CA$4.4b | 5.6x | 3.7x | 0.5x |
| Thu, 23 Feb 2023 | CA$16.7b | CA$32.2b | CA$4.6b | 5.9x | 3.7x | 0.5x |
| Sat, 21 Jan 2023 | CA$16.5b | CA$32.5b | CA$5.3b | 5.4x | 3.1x | 0.5x |
| Mon, 19 Dec 2022 | CA$16.4b | CA$32.8b | CA$5.4b | 4.5x | 3.1x | 0.5x |
| Wed, 16 Nov 2022 | CA$18.2b | CA$32.4b | CA$5.3b | 3.8x | 3.5x | 0.6x |
| Fri, 14 Oct 2022 | CA$16.5b | CA$32.6b | CA$5.9b | 3.8x | 2.8x | 0.5x |
| Sun, 11 Sep 2022 | CA$18.4b | CA$31.8b | CA$5.7b | 3.8x | 3.2x | 0.6x |
| Tue, 09 Aug 2022 | CA$19.3b | CA$31.4b | CA$5.6b | 3.4x | 3.4x | 0.6x |
| Thu, 07 Jul 2022 | CA$16.5b | CA$32.9b | CA$7.2b | 2.9x | 2.3x | 0.5x |
| Sat, 04 Jun 2022 | CA$21.2b | CA$32.3b | CA$7.1b | 3.6x | 3x | 0.7x |
| Mon, 02 May 2022 | CA$20.7b | CA$31.6b | CA$6.9b | 4.3x | 3x | 0.7x |
| Wed, 30 Mar 2022 | CA$20.8b | CA$30.3b | CA$6.3b | 4.8x | 3.3x | 0.7x |
| Fri, 25 Feb 2022 | CA$22.9b | CA$30.5b | CA$6.8b | 8x | 3.3x | 0.8x |
| Sun, 23 Jan 2022 | CA$22.3b | CA$29.5b | CA$6.8b | 7x | 3.3x | 0.8x |
| Tue, 21 Dec 2021 | CA$22.1b | CA$29.9b | CA$6.9b | 5.8x | 3.2x | 0.7x |
| Thu, 18 Nov 2021 | CA$21.1b | CA$29.5b | CA$6.8b | 6.3x | 3.1x | 0.7x |
| Sat, 16 Oct 2021 | CA$22.9b | CA$27.8b | CA$6.6b | 5.8x | 3.5x | 0.8x |
| Mon, 13 Sep 2021 | CA$20.8b | CA$27.9b | CA$6.6b | 6.4x | 3.1x | 0.7x |
| Wed, 11 Aug 2021 | CA$20.2b | CA$27.9b | CA$6.6b | 6.3x | 3.1x | 0.7x |
Price to Earnings Ratio
3.1x
Current Industry PE
- Investors are optimistic on the Canadian Forestry industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
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 4.9% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -2.63% | |
| Materials | -2.61% | |
| Paper and Forestry Products | -2.86% | |
| Forestry Products | -2.77% | |
| Paper Products | -11.23% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| GFP GreenFirst Forest Products | CA$0.39 | 8.3% +CA$5.3m | -65.8% | PS0.2x | |
| ADN Acadian Timber | CA$18.24 | 0.3% +CA$869.6k | 8.6% | PE9.9x | |
| CFF Conifex Timber | CA$0.41 | 2.5% +CA$407.7k | -69.6% | PS0.1x | |
| WBE WestBond Enterprises | CA$0.13 | 4.0% +CA$178.1k | -43.5% | PS0.5x |