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GDL

Goodfellow TSX:GDL Stock Report

Last Price

CA$10.11

Market Cap

CA$86.6m

7D

-0.9%

1Y

1.9%

Updated

26 Jun, 2022

Data

Company Financials
GDL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

GDL Stock Overview

Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and floor coverings to the retail trade, industrial, and manufacturing sectors in Canada and the United States.

Goodfellow Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Goodfellow
Historical stock prices
Current Share PriceCA$10.11
52 Week HighCA$14.10
52 Week LowCA$8.90
Beta1.43
1 Month Change-5.95%
3 Month Change-19.44%
1 Year Change1.92%
3 Year Change100.59%
5 Year Change41.00%
Change since IPO453.97%

Recent News & Updates

Mar 01
Goodfellow (TSE:GDL) Has Announced That It Will Be Increasing Its Dividend To CA$0.40

Goodfellow (TSE:GDL) Has Announced That It Will Be Increasing Its Dividend To CA$0.40

The board of Goodfellow Inc. ( TSE:GDL ) has announced that it will be increasing its dividend by 32% on the 18th of...

Shareholder Returns

GDLCA Trade DistributorsCA Market
7D-0.9%-0.07%0.3%
1Y1.9%-11.8%-4.0%

Return vs Industry: GDL exceeded the Canadian Trade Distributors industry which returned -11.8% over the past year.

Return vs Market: GDL exceeded the Canadian Market which returned -4.1% over the past year.

Price Volatility

Is GDL's price volatile compared to industry and market?
GDL volatility
GDL Average Weekly Movement5.1%
Trade Distributors Industry Average Movement6.0%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: GDL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GDL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1898683Patrick Goodfellowhttps://www.goodfellowinc.com

Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and floor coverings 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 engineered wood floors, hardwood floors, laminates, sub-floors and accessories, planks and tiles, and stone product composite.

Goodfellow Fundamentals Summary

How do Goodfellow's earnings and revenue compare to its market cap?
GDL fundamental statistics
Market CapCA$86.57m
Earnings (TTM)CA$39.18m
Revenue (TTM)CA$625.88m

2.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDL income statement (TTM)
RevenueCA$625.88m
Cost of RevenueCA$486.67m
Gross ProfitCA$139.21m
Other ExpensesCA$100.03m
EarningsCA$39.18m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.58
Gross Margin22.24%
Net Profit Margin6.26%
Debt/Equity Ratio31.0%

How did GDL perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

15%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GDL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GDL?

Other financial metrics that can be useful for relative valuation.

GDL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA2.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does GDL's PE Ratio compare to its peers?

GDL PE Ratio vs Peers
The above table shows the PE ratio for GDL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4.7x

Price-To-Earnings vs Peers: GDL is good value based on its Price-To-Earnings Ratio (2.2x) compared to the peer average (4.7x).


Price to Earnings Ratio vs Industry

How does GDL's PE Ratio compare vs other companies in the Trade Distributors Industry?

Price-To-Earnings vs Industry: GDL is good value based on its Price-To-Earnings Ratio (2.2x) compared to the Canadian Trade Distributors industry average (4.3x)


Price to Earnings Ratio vs Fair Ratio

What is GDL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GDL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GDL's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GDL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GDL (CA$10.11) is trading below our estimate of fair value (CA$13.09)

Significantly Below Fair Value: GDL is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GDL's PEG Ratio to determine if it is good value.


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Future Growth

How is Goodfellow forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


2.3%

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.


Discover growth companies

  • 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.

Past Performance

How has Goodfellow performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


76.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GDL has a high level of non-cash earnings.

Growing Profit Margin: GDL's current net profit margins (6.3%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: GDL has become profitable over the past 5 years, growing earnings by 76.2% per year.

Accelerating Growth: GDL's earnings growth over the past year (99.5%) exceeds its 5-year average (76.2% per year).

Earnings vs Industry: GDL earnings growth over the past year (99.5%) exceeded the Trade Distributors industry 55.6%.


Return on Equity

High ROE: GDL's Return on Equity (24.1%) is considered high.


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Financial Health

How is Goodfellow's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GDL's short term assets (CA$218.6M) exceed its short term liabilities (CA$98.0M).

Long Term Liabilities: GDL's short term assets (CA$218.6M) exceed its long term liabilities (CA$14.9M).


Debt to Equity History and Analysis

Debt Level: GDL's net debt to equity ratio (29.1%) is considered satisfactory.

Reducing Debt: GDL's debt to equity ratio has reduced from 82.1% to 31% over the past 5 years.

Debt Coverage: GDL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GDL's interest payments on its debt are well covered by EBIT (40.9x coverage).


Balance Sheet


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Dividend

What is Goodfellow current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GDL's dividend (7.91%) is higher than the bottom 25% of dividend payers in the Canadian market (2.03%).

High Dividend: GDL's dividend (7.91%) is in the top 25% of dividend payers in the Canadian market (5.33%)


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 increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.3%), GDL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: GDL is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

16.4yrs

Average board tenure


CEO

Patrick Goodfellow

5.42yrs

Tenure

CA$608,055

Compensation

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 ($USD470.74K) is above average for companies of similar size in the Canadian market ($USD175.79K).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: GDL's board of directors are seasoned and experienced ( 16.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Goodfellow Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Goodfellow Inc.
  • Ticker: GDL
  • Exchange: TSX
  • Founded: 1898
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: CA$86.567m
  • Shares outstanding: 8.56m
  • Website: https://www.goodfellowinc.com

Number of Employees


Location

  • Goodfellow Inc.
  • 225 Goodfellow Street
  • Delson
  • Quebec
  • J5B 1V5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/02/28
Annual Earnings2021/11/30


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.