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Canadian (TSX) Paper and Forestry Products Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M-15.2%
- 1Y-7.2%
- YTD-6.1%
In the last week, Paper and Forestry Products has been flat. Unfortunately though, the industry is down 7.2% over the past 12 months. As for the next few years, earnings are expected to grow by 39% per annum.
Industry Valuation and Performance
Has the Canadian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | CA$15.3b | CA$25.0b | -CA$487,973,950.00 | 10.2x | -31.4x | 0.6x |
| Wed, 27 Sep 2023 | CA$16.0b | CA$25.3b | -CA$407,143,250.00 | 11.3x | -39.3x | 0.6x |
| Fri, 25 Aug 2023 | CA$17.0b | CA$25.3b | -CA$406,198,368.00 | 9.6x | -41.7x | 0.7x |
| Sun, 23 Jul 2023 | CA$18.7b | CA$28.2b | CA$1.6b | 9.7x | 11.7x | 0.7x |
| Tue, 20 Jun 2023 | CA$17.7b | CA$28.2b | CA$1.6b | 8.6x | 11x | 0.6x |
| Thu, 18 May 2023 | CA$17.0b | CA$28.5b | CA$1.6b | 9.7x | 10.4x | 0.6x |
| Sat, 15 Apr 2023 | CA$16.8b | CA$31.7b | CA$4.3b | 5.6x | 3.9x | 0.5x |
| Mon, 13 Mar 2023 | CA$17.2b | CA$32.4b | CA$4.5b | 5.7x | 3.8x | 0.5x |
| Wed, 08 Feb 2023 | CA$19.1b | CA$32.5b | CA$5.3b | 5.8x | 3.6x | 0.6x |
| Fri, 06 Jan 2023 | CA$16.7b | CA$32.7b | CA$5.3b | 4.7x | 3.1x | 0.5x |
| Sun, 04 Dec 2022 | CA$17.4b | CA$32.6b | CA$5.3b | 4.7x | 3.3x | 0.5x |
| Tue, 01 Nov 2022 | CA$16.3b | CA$32.1b | CA$5.4b | 3.8x | 3x | 0.5x |
| Thu, 29 Sep 2022 | CA$16.2b | CA$32.5b | CA$5.9b | 3.4x | 2.8x | 0.5x |
| Sat, 27 Aug 2022 | CA$20.0b | CA$31.8b | CA$5.7b | 3.9x | 3.5x | 0.6x |
| Mon, 25 Jul 2022 | CA$20.0b | CA$32.6b | CA$7.2b | 3.4x | 2.8x | 0.6x |
| Wed, 22 Jun 2022 | CA$17.0b | CA$32.7b | CA$7.2b | 3.3x | 2.4x | 0.5x |
| Fri, 20 May 2022 | CA$20.2b | CA$32.6b | CA$7.2b | 4.5x | 2.8x | 0.6x |
| Sun, 17 Apr 2022 | CA$19.5b | CA$30.4b | CA$6.3b | 4.6x | 3.1x | 0.6x |
| Tue, 15 Mar 2022 | CA$22.1b | CA$30.4b | CA$6.4b | 4.7x | 3.5x | 0.7x |
| Thu, 10 Feb 2022 | CA$24.2b | CA$29.7b | CA$6.8b | 7.1x | 3.6x | 0.8x |
| Sat, 08 Jan 2022 | CA$23.4b | CA$29.6b | CA$6.8b | 7.3x | 3.4x | 0.8x |
| Mon, 06 Dec 2021 | CA$21.8b | CA$29.8b | CA$6.9b | 6x | 3.2x | 0.7x |
| Wed, 03 Nov 2021 | CA$20.4b | CA$29.3b | CA$6.9b | 6x | 3x | 0.7x |
| Fri, 01 Oct 2021 | CA$21.8b | CA$28.1b | CA$6.7b | 5.8x | 3.3x | 0.8x |
| Sun, 29 Aug 2021 | CA$21.2b | CA$27.9b | CA$6.6b | 6.1x | 3.2x | 0.8x |
| Mon, 05 Jul 2021 | CA$21.4b | CA$27.9b | CA$6.6b | 5.8x | 3.2x | 0.8x |
| Thu, 08 Apr 2021 | CA$21.5b | CA$21.8b | CA$3.6b | 8.6x | 6x | 1x |
| Sun, 10 Jan 2021 | CA$14.7b | CA$18.5b | CA$1.8b | 11.5x | 8x | 0.8x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are pessimistic on the Canadian Forestry industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- Total earnings for the Forestry industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 14% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -1.70% | |
| Materials | -1.65% | |
| Paper and Forestry Products | -0.93% | |
| Forestry Products | -0.90% | |
| Paper Products | -2.40% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 39% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 39% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WFG West Fraser Timber | CA$91.13 | 0.5% +CA$40.9m | -10.9% | PS0.8x | |
| WBE WestBond Enterprises | CA$0.15 | 3.3% +CA$178.1k | -48.3% | PE61.5x | |
| ADN Acadian Timber | CA$15.81 | 0.06% +CA$171.1k | 4.8% | PE7.1x |