TSX:CFX

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Canfor Pulp Products

Executive Summary

Canfor Pulp Products Inc., together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Canfor Pulp Products's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.8%

CFX

-0.6%

CA Forestry

-1.2%

CA Market


1 Year Return

-47.6%

CFX

5.2%

CA Forestry

-5.5%

CA Market

Return vs Industry: CFX underperformed the Canadian Forestry industry which returned 5.2% over the past year.

Return vs Market: CFX underperformed the Canadian Market which returned -5.5% over the past year.


Shareholder returns

CFXIndustryMarket
7 Day-4.8%-0.6%-1.2%
30 Day0.9%4.9%0.4%
90 Day-22.7%-0.2%-0.3%
1 Year-46.8%-47.6%6.9%5.2%-2.1%-5.5%
3 Year-62.0%-67.4%-18.6%-24.1%3.9%-6.2%
5 Year-59.8%-67.0%17.3%7.2%32.3%12.0%

Price Volatility Vs. Market

How volatile is Canfor Pulp Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Canfor Pulp Products undervalued compared to its fair value and its price relative to the market?

16.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFX (CA$4.6) is trading below our estimate of fair value (CA$5.51)

Significantly Below Fair Value: CFX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CFX is unprofitable, so we can't compare its PE Ratio to the CA Forestry industry average.

PE vs Market: CFX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CFX is good value based on its PB Ratio (0.6x) compared to the CA Forestry industry average (1.2x).


Next Steps

Future Growth

How is Canfor Pulp Products forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

73.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CFX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CFX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CFX's revenue (7.3% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: CFX's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CFX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Canfor Pulp Products performed over the past 5 years?

-22.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFX is currently unprofitable.

Growing Profit Margin: CFX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CFX is unprofitable, and losses have increased over the past 5 years at a rate of 22.4% per year.

Accelerating Growth: Unable to compare CFX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CFX is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-46.1%).


Return on Equity

High ROE: CFX has a negative Return on Equity (-5.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is Canfor Pulp Products's financial position?


Financial Position Analysis

Short Term Liabilities: CFX's short term assets (CA$321.5M) exceed its short term liabilities (CA$136.5M).

Long Term Liabilities: CFX's short term assets (CA$321.5M) exceed its long term liabilities (CA$217.4M).


Debt to Equity History and Analysis

Debt Level: CFX's debt to equity ratio (9.3%) is considered satisfactory.

Reducing Debt: CFX's debt to equity ratio has reduced from 10.8% to 9.3% over the past 5 years.

Debt Coverage: CFX's debt is well covered by operating cash flow (180.4%).

Interest Coverage: Insufficient data to determine if CFX's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Canfor Pulp Products's current dividend yield, its reliability and sustainability?

2.69%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CFX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CFX'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 CFX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CFX is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Don Kayne (62 yo)

8.08yrs

Tenure

Mr. Donald B. Kayne, also known as Don, has been the Chief Executive Officer of Canfor Pulp Products Inc., since September 30, 2012 and serves as its Director since 2017. Mr. Kayne has been the Chief Execu ...


Leadership Team

NamePositionTenureCompensationOwnership
Donald Kayne
CEO & Director8.08yrsno data0.0085%
CA$ 25.3k
Alan Nicholl
CFO and Executive VP of Finance & Operations8.08yrsno datano data
Brian Yuen
Vice President of Pulp and Paper Sales & Marketing1.75yrsCA$468.87kno data
Peter Lovell
Group General Manager of Pulp Operationsno dataCA$264.55kno data
David Calabrigo
Senior VP of Corporate Development & Legal Affairs and Corporate Secretaryno datano datano data
Corinne Stavness
Senior Director of External Affairs & Communicationsno datano datano data
Kevin Pankratz
Senior Vice President of Sales & Marketingno datano datano data
Mark Feldinger
Senior Vice President of Global Supply Chain2.5yrsno datano data

5.3yrs

Average Tenure

Experienced Management: CFX's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Donald Kayne
CEO & Director8.08yrsno data0.0085%
CA$ 25.3k
William Stinson
Independent Director8.75yrsCA$112.00k0.15%
CA$ 433.2k
Dieter Jentsch
Independent Director0.50yrno datano data
Conrad Pinette
Independent Chairman of the Board3.17yrsCA$126.00k0.015%
CA$ 45.6k
Stan Bracken-Horrocks
Independent Director10.75yrsCA$122.50k0.0031%
CA$ 9.1k
John Baird
Independent Director4.5yrsCA$101.17k0.0031%
CA$ 9.1k

4.1yrs

Average Tenure

69yo

Average Age

Experienced Board: CFX's board of directors are considered experienced (4.1 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

Canfor Pulp Products Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canfor Pulp Products Inc.
  • Ticker: CFX
  • Exchange: TSX
  • Founded: 2010
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: CA$297.465m
  • Shares outstanding: 65.23m
  • Website: https://www.canfor.com

Number of Employees


Location

  • Canfor Pulp Products Inc.
  • 100- 1700 West 75th Avenue
  • Vancouver
  • British Columbia
  • V6P 6G2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFXTSX (The Toronto Stock Exchange)YesCommon SharesCACADMar 2011
CFPU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2011
8CPDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2011

Biography

Canfor Pulp Products Inc., together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. The company operates through two se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 00:17
End of Day Share Price2020/10/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.