Over the last 7 days, the Paper and Forestry Products industry has remained flat, although notably Neenah gained 3.3%. As for the the longer term, the industry is up 58% over the past 12 months.
Has the U.S. Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$16.0b | US$23.5b | US$2.3b | 8.8x |
| Tue, 26 Oct 2021 | US$16.3b | US$22.3b | US$1.7b | 18.4x |
| Thu, 23 Sep 2021 | US$14.0b | US$19.1b | US$1.4b | 17.8x |
| Sat, 21 Aug 2021 | US$13.8b | US$21.2b | US$2.0b | 18.5x |
| Sat, 05 Jun 2021 | US$16.0b | US$19.3b | US$1.2b | 11.2x |
| Tue, 09 Mar 2021 | US$13.2b | US$18.9b | US$979.0m | 17.7x |
| Mon, 30 Nov 2020 | US$10.1b | US$18.3b | US$739.6m | 11.3x |
| Thu, 03 Sep 2020 | US$9.7b | US$18.7b | US$613.5m | 11.3x |
| Sun, 07 Jun 2020 | US$8.0b | US$19.9b | US$627.9m | 12.4x |
| Sat, 29 Feb 2020 | US$9.4b | US$20.6b | US$780.4m | 10.2x |
| Tue, 03 Dec 2019 | US$11.3b | US$22.1b | US$980.3m | 16x |
| Fri, 06 Sep 2019 | US$9.6b | US$22.6b | US$1.5b | 7.3x |
| Mon, 10 Jun 2019 | US$10.6b | US$23.0b | US$1.8b | 8.5x |
| Sun, 03 Mar 2019 | US$12.5b | US$22.2b | US$1.8b | 7.3x |
| Wed, 05 Dec 2018 | US$11.9b | US$23.0b | US$1.6b | 6.3x |
6.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Forestry industry have grown 13% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the U.S. Paper and Forestry Products industry?
| Forestry Products | -0.70% | |
| Paper Products | -0.80% | |
Industry PE: Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 23.2x. However analysts are expecting annual earnings decline of 46%, which is lower than the prior year's growth of 438% per year. So the market might believe that analysts are underestimating future growth or they expect the Forestry Products industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 12.5x.
Forecasted Growth: Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 31% over the next 5 years. This is better than it's past earnings growth rate of 3.9% per year. Meanwhile, the Forestry Products industry is expected to see its earnings decline by 46% per year over the next few years.
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| NP Neenah | 3.3%+US$26.6m | 2.9% | PS0.9x | |
| MERC Mercer International | 3.4%+US$24.4m | 35.2% | PE8.8x | |
| UFS Domtar | 0.1%+US$3.0m | 79.4% | PE31.4x |
