INTERFOR CORPORATION |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 17.97 CAD | -2.71% |
|
-0.66% | -23.47% |
| May. 13 | Interfor Price Target Lowered to $22 at CIBC | MT |
| May. 10 | Transcript : Interfor Corporation, Q1 2024 Earnings Call, May 10, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 986.7 | 1,599 | 2,463 | 1,080 | 1,208 | 950.2 | - | - |
| Enterprise Value (EV) 1 | 1,249 | 1,564 | 2,300 | 1,080 | 2,051 | 1,822 | 1,453 | 950.2 |
| P/E ratio | -9.53 x | 5.69 x | 3.15 x | 1.93 x | -4.52 x | -4.84 x | 27.6 x | 14.4 x |
| Yield | - | - | 4.94% | - | - | - | - | - |
| Capitalization / Revenue | 0.53 x | 0.73 x | 0.75 x | 0.24 x | 0.36 x | 0.3 x | 0.26 x | 0.25 x |
| EV / Revenue | 0.67 x | 0.72 x | 0.7 x | 0.24 x | 0.62 x | 0.58 x | 0.4 x | 0.25 x |
| EV / EBITDA | 19.7 x | 2.85 x | 1.84 x | 1.02 x | 42.4 x | 50.6 x | 4.07 x | 2.53 x |
| EV / FCF | -8.17 x | 4.35 x | 2.63 x | 2.53 x | -25.8 x | 82.8 x | 11.2 x | - |
| FCF Yield | -12.2% | 23% | 38.1% | 39.5% | -3.88% | 1.21% | 8.95% | - |
| Price to Book | 1.19 x | 1.48 x | 1.51 x | 0.53 x | 0.83 x | 0.62 x | 0.6 x | - |
| Nbr of stocks (in thousands) | 67,260 | 67,275 | 60,793 | 51,435 | 51,445 | 51,447 | - | - |
| Reference price 2 | 14.67 | 23.77 | 40.51 | 21.00 | 23.48 | 18.47 | 18.47 | 18.47 |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/9/23 | 2/8/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,876 | 2,184 | 3,289 | 4,584 | 3,316 | 3,139 | 3,634 | 3,829 |
| EBITDA 1 | 63.39 | 549.7 | 1,247 | 1,059 | 48.4 | 36 | 356.8 | 375.6 |
| EBIT 1 | -107.1 | 402.5 | 1,078 | 859.6 | -252.4 | -220.5 | 106.2 | 135.6 |
| Operating Margin | -5.71% | 18.43% | 32.77% | 18.75% | -7.61% | -7.02% | 2.92% | 3.54% |
| Earnings before Tax (EBT) 1 | -138.1 | 369.9 | 1,089 | 814.9 | -357.9 | -232.4 | 45.7 | 87.6 |
| Net income 1 | -103.8 | 280.3 | 819 | 598.2 | -266.8 | -174.3 | 34.3 | 65.7 |
| Net margin | -5.53% | 12.84% | 24.9% | 13.05% | -8.05% | -5.55% | 0.94% | 1.72% |
| EPS 2 | -1.540 | 4.180 | 12.84 | 10.86 | -5.190 | -3.820 | 0.6700 | 1.280 |
| Free Cash Flow 1 | -152.8 | 359.8 | 875.6 | 426.9 | -79.6 | 22 | 130 | - |
| FCF margin | -8.15% | 16.48% | 26.62% | 9.31% | -2.4% | 0.7% | 3.58% | - |
| FCF Conversion (EBITDA) | - | 65.45% | 70.23% | 40.3% | - | 61.11% | 36.43% | - |
| FCF Conversion (Net income) | - | 128.36% | 106.91% | 71.36% | - | - | 379.01% | - |
| Dividend per Share 2 | - | - | 2.000 | - | - | - | - | - |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/9/23 | 2/8/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 675.9 | 1,349 | 1,389 | 1,036 | 810.4 | 829.9 | 871.8 | 828.1 | 785.9 | 813.2 | 776.5 | 788 | 779 |
| EBITDA 1 | 149.5 | 570.1 | 428.6 | 129.5 | -68.75 | 26.08 | 41.9 | 31.9 | -51.4 | -22.3 | -7.45 | 43.05 | 16.73 |
| EBIT 1 | 99.19 | 512.7 | 385.9 | 75.87 | -114.8 | -36.24 | -20.8 | -21.1 | -174.2 | -80.9 | -40 | -22 | -55 |
| Operating Margin | 14.68% | 38% | 27.78% | 7.33% | -14.16% | -4.37% | -2.39% | -2.55% | -22.17% | -9.95% | -5.15% | -2.79% | -7.06% |
| Earnings before Tax (EBT) 1 | 98.12 | 529.1 | 359.4 | 39.33 | -112.9 | -52.79 | -22.2 | -47.5 | -235.4 | -83.7 | -85 | -22.4 | -29.5 |
| Net income 1 | 69.65 | 397 | 269.9 | 3.501 | -72.18 | -41.29 | -14.1 | -42.4 | -169 | -72.9 | -63.8 | -16.8 | -22.1 |
| Net margin | 10.31% | 29.43% | 19.43% | 0.34% | -8.91% | -4.98% | -1.62% | -5.12% | -21.5% | -8.96% | -8.22% | -2.13% | -2.84% |
| EPS 2 | 1.150 | 6.660 | 4.900 | 0.0600 | -1.400 | -0.8000 | -0.2700 | -0.8200 | -3.290 | -1.420 | -1.240 | -0.3300 | -0.4300 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/3/22 | 5/11/22 | 8/4/22 | 11/3/22 | 2/9/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/8/24 | 5/9/24 | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 263 | - | - | - | 843 | 872 | 503 | - |
| Net Cash position 1 | - | 35.1 | 163 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.144 x | - | - | - | 17.41 x | 24.22 x | 1.41 x | - |
| Free Cash Flow 1 | -153 | 360 | 876 | 427 | -79.6 | 22 | 130 | - |
| ROE (net income / shareholders' equity) | - | - | - | - | -14.2% | -5.8% | 2.8% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | -7.6% | - | - | - |
| Assets 1 | - | - | - | - | 3,510 | - | - | - |
| Book Value Per Share 2 | 12.40 | 16.10 | 26.90 | 39.40 | 28.50 | 30.00 | 30.90 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 181 | 167 | 177 | 305 | 199 | 88.7 | 122 | - |
| Capex / Sales | 9.65% | 7.65% | 5.37% | 6.66% | 6.01% | 2.82% | 3.37% | - |
| Announcement Date | 2/6/20 | 2/4/21 | 2/3/22 | 2/9/23 | 2/8/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
18.47
CAD
Average target price
26.17
CAD
Spread / Average Target
+41.67%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -21.34% | 698M | |
| -2.16% | 6.64B |
- Stock Market
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- IFP Stock
- Financials Interfor Corporation