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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canfor Pulp Products Inc.    CFX   CA1375842079

CANFOR PULP PRODUCTS INC.

(CFX)
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Canfor Pulp Products Inc. : No turn-around in sight

04/08/2021 | 03:00am EDT
long trade
Live
Entry price : 9.13CAD | Target : 10.44CAD | Stop-loss : 8.45CAD | Potential : 14.35%
Shares in Canfor Pulp Products Inc. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the CAD 10.44.
Canfor Pulp Products Inc. : Canfor Pulp Products Inc. : No turn-around in sight
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2023.
  • Historically, the company has been releasing figures that are above expectations.
  • The stock, which is currently worth 2021 to 0.43 times its sales, is clearly overvalued in comparison with peers.
  • Its low valuation, with P/E ratio at 9.57 and 8.41 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
  • For the past twelve months, EPS forecast has been revised upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • The tendency within the weekly time frame is positive above the technical support level at 6.67 CAD

Weaknesses
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Ratings chart
Subsector Paper Products
1st jan.Capitalization (M$)Investor Rating
CANFOR PULP PRODUCTS INC.6.23%466
UPM-KYMMENE OYJ2.99%19 888
SUZANO S.A.22.99%17 040
STORA ENSO OYJ5.78%15 803
SVENSKA CELLULOSA10.15%12 976
EMPRESAS CMPC S.A.22.41%8 066
HOLMEN AB (PUBL)1.12%7 618
SHANDONG SUNPAPER CO., LTD.5.75%6 709
OJI HOLDINGS CORPORATION23.00%6 544
SCG PACKAGING12.05%6 448
KLABIN S.A.14.01%5 743
More Results

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 1 313 M 1 043 M 1 043 M
Net income 2021 53,4 M 42,4 M 42,4 M
Net cash 2021 27,8 M 22,1 M 22,1 M
P/E ratio 2021 9,20x
Yield 2021 -
Capitalization 567 M 451 M 450 M
EV / Sales 2021 0,41x
EV / Sales 2022 0,32x
Nbr of Employees 1 278
Free-Float 44,8%
Upcoming event on CANFOR PULP PRODUCTS INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 11,50 CAD
Last Close Price 8,69 CAD
Spread / Highest target 66,9%
Spread / Average Target 32,3%
Spread / Lowest Target 15,1%
EPS Revisions
Managers and Directors
NameTitle
Donald B. Kayne President, CEO & Non-Independent Director
Alan R. Nicholl Chief Financial Officer & Executive VP-Finance
Conrad Alfred Pinette Chairman
Kevin Anderson Vice President-Operations & Innovation
William W. Stinson Independent Director