| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CFF Stock Overview
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally.
Conifex Timber Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.86 |
| 52 Week High | CA$2.28 |
| 52 Week Low | CA$1.65 |
| Beta | 1.69 |
| 1 Month Change | -8.82% |
| 3 Month Change | 0.54% |
| 1 Year Change | -0.53% |
| 3 Year Change | 169.57% |
| 5 Year Change | -50.40% |
| Change since IPO | -77.73% |
Recent News & Updates
Is It Too Late To Consider Buying Conifex Timber Inc. (TSE:CFF)?
While Conifex Timber Inc. ( TSE:CFF ) might not be the most widely known stock at the moment, it received a lot of...
Shareholder Returns
| CFF | CA Forestry | CA Market | |
|---|---|---|---|
| 7D | 1.6% | 1.2% | 1.9% |
| 1Y | -0.5% | 13.4% | -1.1% |
Return vs Industry: CFF underperformed the Canadian Forestry industry which returned 11.1% over the past year.
Return vs Market: CFF exceeded the Canadian Market which returned -2% over the past year.
Price Volatility
| CFF volatility | |
|---|---|
| CFF Average Weekly Movement | 6.8% |
| Forestry Industry Average Movement | 6.8% |
| Market Average Movement | 10.8% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: CFF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CFF's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 287 | Ken Shields | https://www.conifex.com |
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as by-products or residues, such as trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also develops bioenergy and bio products; and operates a 36 megawatt biomass power generation plant, which produces renewable energy for commercial sale.
Conifex Timber Fundamentals Summary
| CFF fundamental statistics | |
|---|---|
| Market Cap | CA$74.76m |
| Earnings (TTM) | CA$34.17m |
| Revenue (TTM) | CA$275.74m |
2.2x
P/E Ratio0.3x
P/S RatioIs CFF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CFF income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$0 |
| Earnings | CA$0 |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.85 |
| Gross Margin | 35.36% |
| Net Profit Margin | 12.39% |
| Debt/Equity Ratio | 44.2% |
How did CFF perform over the long term?
See historical performance and comparisonValuation
Is CFF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CFF?
Other financial metrics that can be useful for relative valuation.
| What is CFF's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$74.76m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.3x |
| Enterprise Value/EBITDA | 1.6x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does CFF's PE Ratio compare to its peers?
| CFF PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.1x | ||
AEP Atlas Engineered Products | 3.6x | n/a | CA$30.8m |
ADN Acadian Timber | 18.3x | 1.4% | CA$285.0m |
WEF Western Forest Products | 3.4x | -27.3% | CA$501.3m |
SJ Stella-Jones | 10.9x | 2.4% | CA$2.4b |
CFF Conifex Timber | 2.2x | n/a | CA$74.8m |
Price-To-Earnings vs Peers: CFF is good value based on its Price-To-Earnings Ratio (2.2x) compared to the peer average (9.1x).
Price to Earnings Ratio vs Industry
How does CFF's PE Ratio compare vs other companies in the Global Forestry Industry?
Price-To-Earnings vs Industry: CFF is good value based on its Price-To-Earnings Ratio (2.2x) compared to the Canadian Forestry industry average (3.6x)
Price to Earnings Ratio vs Fair Ratio
What is CFF'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 2.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CFF's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CFF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CFF (CA$1.86) is trading below our estimate of fair value (CA$3.44)
Significantly Below Fair Value: CFF is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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Future Growth
How is Conifex Timber forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-11.3%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CFF's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if CFF's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if CFF's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CFF's revenue is expected to decline over the next 3 years (-11.3% per year).
High Growth Revenue: CFF's revenue is forecast to decline over the next 3 years (-11.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CFF's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Conifex Timber performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CFF has high quality earnings.
Growing Profit Margin: CFF's current net profit margins (12.4%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: CFF's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: CFF's earnings growth over the past year (477.5%) exceeds its 5-year average (6.3% per year).
Earnings vs Industry: CFF earnings growth over the past year (477.5%) exceeded the Forestry industry -12.4%.
Return on Equity
High ROE: CFF's Return on Equity (24.2%) is considered high.
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Financial Health
How is Conifex Timber's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CFF's short term assets (CA$108.1M) exceed its short term liabilities (CA$43.4M).
Long Term Liabilities: CFF's short term assets (CA$108.1M) exceed its long term liabilities (CA$75.7M).
Debt to Equity History and Analysis
Debt Level: CFF's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: CFF's debt to equity ratio has reduced from 80.5% to 44.2% over the past 5 years.
Debt Coverage: CFF's debt is well covered by operating cash flow (51.1%).
Interest Coverage: CFF's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Dividend
What is Conifex Timber current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
5.38%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CFF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CFF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CFF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CFF's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CFF has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average board tenure
CEO
Ken Shields (73 yo)
12.17yrs
Tenure
CA$1,669,462
Compensation
Mr. Kenneth A. Shields, also known as Ken, serves as Chairman and President at Conifex Timber Inc and has been its Director and Chief Executive Officer since June 3, 2010. He has served as Chairman and Chi...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD1.31M) is above average for companies of similar size in the Canadian market ($USD186.28K).
Compensation vs Earnings: Ken's compensation has increased by more than 20% in the past year.
Board Members
Experienced Board: CFF's board of directors are seasoned and experienced ( 10.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Conifex Timber Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Conifex Timber Inc.
- Ticker: CFF
- Exchange: TSX
- Founded: 2007
- Industry: Forest Products
- Sector: Materials
- Implied Market Cap: CA$74.761m
- Shares outstanding: 40.19m
- Website: https://www.conifex.com
Number of Employees
Location
- Conifex Timber Inc.
- 980-700 West Georgia Street
- PO Box 10070
- Vancouver
- British Columbia
- V7Y 1B6
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.