Canfor Future Growth

Future criteria checks 3/6

Canfor is forecast to grow earnings and revenue by 71.8% and 6.7% per annum respectively. EPS is expected to grow by 72.7% per annum. Return on equity is forecast to be 8% in 3 years.

Key information

71.8%

Earnings growth rate

72.7%

EPS growth rate

Forestry earnings growth	31.1%
Revenue growth rate	6.7%
Future return on equity	8.0%
Analyst coverage	Good
Last updated	31 Jul 2024

Recent future growth updates

Analysts Have Made A Financial Statement On Canfor Corporation's (TSE:CFP) Full-Year Report

Mar 09

Recent updates

Is Canfor (TSE:CFP) A Risky Investment?

Apr 05

Analysts Have Made A Financial Statement On Canfor Corporation's (TSE:CFP) Full-Year Report

Mar 09

Canfor (TSE:CFP) Has Debt But No Earnings; Should You Worry?

Oct 09

Canfor Corporation (TSE:CFP) Shares Could Be 40% Below Their Intrinsic Value Estimate

Sep 12

Canfor (TSE:CFP) Seems To Use Debt Quite Sensibly

Jul 03

Is Canfor Corporation (TSE:CFP) Trading At A 33% Discount?

Jun 06

Canfor Corporation (TSE:CFP) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 07

Earnings and Revenue Growth Forecasts

TSX:CFP - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,348	201	35	615	3
12/31/2025	5,748	-16	-65	362	6
12/31/2024	5,225	-427	-422	110	6
6/30/2024	5,359	-396	-407	232	N/A
3/31/2024	5,424	-249	-311	300	N/A
12/31/2023	5,427	-326	-432	155	N/A
9/30/2023	5,517	-417	-582	110	N/A
6/30/2023	5,871	-306	-549	89	N/A
3/31/2023	6,598	111	-27	583	N/A
12/31/2022	7,427	787	488	1,113	N/A
9/30/2022	7,625	972	739	1,262	N/A
6/30/2022	7,635	1,095	985	1,498	N/A
3/31/2022	7,957	1,448	1,451	1,909	N/A
12/31/2021	7,685	1,342	1,487	1,915	N/A
9/30/2021	7,732	1,700	1,832	2,179	N/A
6/30/2021	7,605	1,708	1,940	2,182	N/A
3/31/2021	6,226	1,042	1,177	1,391	N/A
12/31/2020	5,454	544	872	1,074	N/A
9/30/2020	4,942	170	663	840	N/A
6/30/2020	4,483	-137	205	436	N/A
3/31/2020	4,680	-246	62	343	N/A
12/31/2019	4,658	-263	-102	201	N/A
9/30/2019	4,581	-276	-407	-33	N/A
6/30/2019	4,813	-62	-264	150	N/A
3/31/2019	4,960	156	-105	315	N/A
12/31/2018	5,044	355	135	536	N/A
9/30/2018	5,172	539	445	800	N/A
6/30/2018	4,992	480	430	726	N/A
3/31/2018	4,692	392	N/A	610	N/A
12/31/2017	4,563	345	N/A	610	N/A
9/30/2017	4,451	252	N/A	615	N/A
6/30/2017	4,410	236	N/A	636	N/A
3/31/2017	4,272	191	N/A	606	N/A
12/31/2016	4,235	151	N/A	584	N/A
9/30/2016	4,244	115	N/A	458	N/A
6/30/2016	4,133	46	N/A	369	N/A
3/31/2016	4,063	21	N/A	272	N/A
12/31/2015	3,925	25	N/A	255	N/A
9/30/2015	3,733	53	N/A	330	N/A
6/30/2015	3,581	116	N/A	390	N/A
3/31/2015	3,536	159	N/A	469	N/A
12/31/2014	3,348	175	N/A	386	N/A
9/30/2014	3,297	173	N/A	375	N/A
6/30/2014	3,215	156	N/A	330	N/A
3/31/2014	3,151	212	N/A	384	N/A
12/31/2013	3,195	229	N/A	490	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: CFP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CFP is expected to become profitable in the next 3 years.

Revenue vs Market: CFP's revenue (6.7% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: CFP's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CFP's Return on Equity is forecast to be low in 3 years time (8%).

Canfor Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 22%

Consensus EPS estimates fall by 1,358%

Analysts Have Made A Financial Statement On Canfor Corporation's (TSE:CFP) Full-Year Report

Canfor Corporation Announces to Curtail Operations at its Polar Sawmill Located in Bear Lake British Columbia

Price target decreased by 9.8% to CA$26.17

Consensus EPS estimates fall by 157%, revenue upgraded

Recent updates

Canfor Corporation to Reduce Production at Southern US Operations

Canfor Corporation Announces Chief Executive Officer Changes

Canfor Corporation Announces Permanent Closure of Polar Sawmill and Suspension of Planned Reinvestment in Houston, B.C

Canfor Corporation Announces Permanently Closing Its Jackson Facility

Is Canfor (TSE:CFP) A Risky Investment?

Consensus EPS estimates fall by 22%

Consensus EPS estimates fall by 1,358%

Analysts Have Made A Financial Statement On Canfor Corporation's (TSE:CFP) Full-Year Report

Full year 2023 earnings: EPS misses analyst expectations

Canfor Corporation, Annual General Meeting, May 01, 2024

Canfor Corporation Announces to Curtail Operations at its Polar Sawmill Located in Bear Lake British Columbia

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 9.8% to CA$26.17

Canfor (TSE:CFP) Has Debt But No Earnings; Should You Worry?

Canfor Corporation (TSE:CFP) Shares Could Be 40% Below Their Intrinsic Value Estimate

Now 23% undervalued

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Canfor (TSE:CFP) Seems To Use Debt Quite Sensibly

Is Canfor Corporation (TSE:CFP) Trading At A 33% Discount?

Consensus EPS estimates fall by 157%, revenue upgraded

Canfor Corporation (TSE:CFP) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Canfor Corporation Elects Santhe Dahl as Director

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates upgraded to CA$0.13 loss, revenue downgraded

Canfor Corporation, Annual General Meeting, May 03, 2023

Canfor Corporation Restructures B.C. Operations

Canfor Extending Temporary Curtailments in B.C

Price target decreased to CA$31.15

Canfor Corporation Reducing Production Capacity in British Columbia Through End of 2022

When Should You Buy Canfor Corporation (TSE:CFP)?

Canfor Provides Update on Operating Schedules for Western Canadian Sawmills

Canfor Corporation (TSX:CFP) acquired Solid Wood Operations and Associated Tenure of Millar Western Forest Products Ltd. for CAD 420 million.

Canfor Corporation Announces Capacity Reduction At Plateau Sawmill

Canfor Corporation Announces Executive Changes

These 4 Measures Indicate That Canfor (TSE:CFP) Is Using Debt Safely

Price target increased to CA$43.67

Here's Why We Think Canfor (TSE:CFP) Is Well Worth Watching

Canfor Corporation (TSX:CFP) entered into an agreement to acquire Solid Wood Operations and Associated Tenure of Millar Western Forest Products Ltd. for CAD 420 million.

Returns on Capital Paint A Bright Future For Canfor (TSE:CFP)

Third quarter 2021 earnings released: EPS CA$1.68 (vs CA$1.74 in 3Q 2020)

Investor sentiment deteriorated over the past week

Chief Executive Officer at Vida Group recently sold CA$1.5m worth of stock

Consensus forecasts updated

Consensus EPS estimates increase to CA$10.78

Independent Director has left the company

First quarter 2021 earnings released: EPS CA$3.42 (vs CA$0.56 loss in 1Q 2020)

Price target increased to CA$36.99

Consensus forecasts updated

Independent Director recently sold CA$1.8m worth of stock

Independent Director recently sold CA$305k worth of stock

Independent Director recently sold CA$417k worth of stock

Price target raised to CA$31.04

Analysts increase EPS estimates to CA$4.67

Canfor Corporation, Annual General Meeting, Apr 29, 2021

Full year 2020 earnings released: EPS CA$4.35 (vs CA$2.10 loss in FY 2019)

Revenue and earnings beat expectations

Investor sentiment improved over the past week

New 90-day high: CA$24.69

New 90-day high: CA$23.50

Price target raised to CA$26.79

Price target raised to CA$24.66

New 90-day high: CA$22.73

New 90-day high: CA$18.26

Canfor Signs Agreement with Peak Renewables to Sell Fort Nelson Tenure

Third-quarter earnings released: Revenue and earnings beat expectations

Price target raised to CA$20.71

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts