Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and hardwood flooring products to the retail trade, industrial, and manufacturing sectors in Canada and the United States.
Flawless balance sheet with proven track record.
Share Price & News
How has Goodfellow's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GDL's share price has been volatile over the past 3 months.
7 Day Return
CA Trade Distributors
1 Year Return
CA Trade Distributors
Return vs Industry: GDL underperformed the Canadian Trade Distributors industry which returned -24% over the past year.
Return vs Market: GDL underperformed the Canadian Market which returned -22% over the past year.
Price Volatility Vs. Market
How volatile is Goodfellow's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Worry About Goodfellow Inc.'s (TSE:GDL) CEO Pay?
3 weeks ago | Simply Wall StDespite Its High P/E Ratio, Is Goodfellow Inc. (TSE:GDL) Still Undervalued?
1 month ago | Simply Wall StGoodfellow Inc. (TSE:GDL) Pays A CA$0.10 Dividend In Just 4 Days
Is Goodfellow undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GDL (CA$3.8) is trading below our estimate of fair value (CA$4.38)
Significantly Below Fair Value: GDL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GDL is poor value based on its PE Ratio (10.6x) compared to the Trade Distributors industry average (10.3x).
PE vs Market: GDL is good value based on its PE Ratio (10.6x) compared to the Canadian market (10.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GDL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GDL is good value based on its PB Ratio (0.3x) compared to the CA Trade Distributors industry average (0.7x).
How is Goodfellow forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Goodfellow has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Goodfellow is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Goodfellow competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Goodfellow performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDL has high quality earnings.
Growing Profit Margin: GDL's current net profit margins (0.7%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: GDL's earnings have declined by -13.4% per year over the past 5 years.
Accelerating Growth: GDL's earnings growth over the past year (18.8%) exceeds its 5-year average (-13.4% per year).
Earnings vs Industry: GDL earnings growth over the past year (18.8%) exceeded the Trade Distributors industry 4.3%.
Return on Equity
High ROE: GDL's Return on Equity (2.7%) is considered low.
How is Goodfellow's financial position?
Financial Position Analysis
Short Term Liabilities: GDL's short term assets (CA$140.8M) exceed its short term liabilities (CA$63.3M).
Long Term Liabilities: GDL's short term assets (CA$140.8M) exceed its long term liabilities (CA$3.8M).
Debt to Equity History and Analysis
Debt Level: GDL's debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: GDL's debt to equity ratio has reduced from 37.1% to 27.5% over the past 5 years.
Debt Coverage: GDL's debt is well covered by operating cash flow (43%).
Interest Coverage: GDL's interest payments on its debt are well covered by EBIT (3.5x coverage).
Inventory Level: GDL has a high level of physical assets or inventory.
Debt Coverage by Assets: GDL's debt is covered by short term assets (assets are 4.5x debt).
What is Goodfellow's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GDL's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Canadian market (2.7%).
High Dividend: GDL's dividend (5.26%) is low compared to the top 25% of dividend payers in the Canadian market (8.48%).
Stability and Growth of Payments
Stable Dividend: GDL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GDL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.7%), GDL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Patrick Goodfellow has been Chief Executive Officer and President at Goodfellow Inc. since January 18, 2017. Mr. Goodfellow served as Vice President of Hardwood at Goodfellow Inc. from 2006 to January ...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD266.24K) is above average for companies of similar size in the Canadian market ($USD156.92K).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
|President & CEO||3.17yrs||CA$374.70k||0.71% CA$231.8k|
|Vice Chairman & Secretary||no data||no data||0.000010% CA$3.3|
|Chief Financial Officer||2.5yrs||CA$165.96k||0.012% CA$3.8k|
|Executive Vice President of Ontario & Western Canada||no data||CA$274.01k||0.18% CA$58.9k|
|Vice President of Operations||no data||no data||no data|
Experienced Management: GDL's management team is considered experienced (3.2 years average tenure).
|Vice Chairman & Secretary||no data||no data||0.000010% CA$3.3|
|Independent Director||46.83yrs||CA$37.95k||12.46% CA$4.1m|
|Independent Director||8.25yrs||CA$42.35k||0.058% CA$19.0k|
|Non-Independent Director||26.42yrs||CA$26.40k||0.047% CA$15.2k|
|Independent Chairman of the Board||7.33yrs||CA$64.35k||0.75% CA$245.1k|
|Independent Director||1.92yrs||CA$41.25k||0.012% CA$3.8k|
Experienced Board: GDL's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GDL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Goodfellow Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Goodfellow Inc.
- Ticker: GDL
- Exchange: TSX
- Founded: 1898
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: CA$32.538m
- Shares outstanding: 8.56m
- Website: https://www.goodfellowinc.com
Number of Employees
- Goodfellow Inc.
- 225 Goodfellow Street
- J5B 1V5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GDL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1990|
Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and hardwood flooring products to the retail trade, industrial, and manufacturing sectors in Canada and the United States. It is also involved in the remanufacturing and distribution of lumber and wood products. The company’s decking products include accessories, composite, and wood products for outdoor spaces; and flooring products comprise planks and tiles, engineered wood floors, hardwood floors, laminates, sub-floors and accessories, wood-plastic composite, and stone product composite. It also provides insulation and sound-proofing products; lumber products comprising cedar, Douglas fir, engineered wood, glued-laminated timber, hardwood, Hemlock timber, pine, and treated wood products, as well as lumber products for the mining industry; and panels consisting of construction and hardwood plywood panels, medium and high density fiber boards, oriented strand board panels, particleboards, and melamine panels and accessories. In addition, the company offers siding products, including accessories, engineered wood sidings, and wood siding boards; cedar, asphalt, or polymer roofing products; wall concepts, such as laminate and wood planks; and interior materials comprising ceilings, solid surface products, and hardware products. Further, it offers ceiling, hardware, and solid surface. Additionally, the company provides custom timber fabrication, engineering, container and van loading, and export prep and packaging services. The company was formerly known as Goodfellow Lumber Ltd. and changed its name to Goodfellow Inc. in October 1984. Goodfellow Inc. was founded in 1898 and is headquartered in Delson, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:42|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.