Financials West Fraser Timber Co. Ltd.

Equities

WFG

CA9528451052

Forest & Wood Products

Market Closed - Toronto S.E. Other stock markets 04:00:00 2025-07-10 pm EDT			5-day change	1st Jan Change
106.42 ^CAD	+2.72%		+3.60%	-14.56%

Jun. 02	West Fraser Timber Co. Ltd. Announces Credit Facility Renewals Enhance Liquidity and Financial Flexibility	CI
Jun. 02	West Fraser Timber Extends Maturity of $1 Billion Credit Facility; Increases Term Loan to $300 Million	MT

Projected Income Statement: West Fraser Timber Co. Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,611	10,518	9,701	6,454	6,174	6,223	6,742	7,050
Change	-	128.1%	-7.77%	-33.47%	-4.34%	0.79%	8.35%	4.57%
EBITDA ¹	1,151	4,569	3,212	561	673	799	1,151	1,369
Change	-	297.03%	-29.7%	-82.53%	19.96%	18.73%	44.02%	18.96%
EBIT ¹	865.5	3,945	2,619	-284	109	301.7	557.8	847
Change	-	355.83%	-33.61%	-110.84%	138.38%	176.82%	84.87%	51.85%
Interest Paid ¹	-29.16	-45	-3	51	-	-4	-	-
Earnings before Tax (EBT) ¹	821.3	3,898	2,593	-228	38	279	634.6	843.4
Change	-	374.6%	-33.48%	-108.79%	116.67%	634.3%	127.43%	32.9%
Net income ¹	611.7	2,947	1,975	-167	-5	220.1	471.5	641
Change	-	381.81%	-32.98%	-108.46%	97.01%	4,501.33%	114.25%	35.96%
Announcement Date	2/11/21	2/15/22	2/14/23	2/14/24	2/12/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	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	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	953.1	1,279	1,331	2,343	3,779	2,358	2,038	3,110	2,887	2,088	1,615	1,627	1,608	1,705	1,514	1,627	1,705	1,437	1,405	1,459	1,615	1,593	1,525	-	-	-	-
Change	-	34.17%	4.1%	75.99%	61.29%	-37.6%	-13.57%	52.6%	-7.17%	-27.68%	-22.65%	0.74%	-1.17%	6.03%	-11.2%	7.46%	4.79%	-15.72%	-2.23%	3.84%	10.67%	-1.32%	-4.29%	-	-	-	-
EBITDA ¹	137.4	457.8	428.8	1,008	2,160	786	615	1,592	1,124	426	70	58	80	325	97	200	272	62	140	195	221.3	202.7	175.2	260.8	293.7	291.8	296.8
Change	-	233.09%	-6.34%	135.08%	114.29%	-63.61%	-21.76%	158.86%	-29.4%	-62.1%	-83.57%	-17.14%	37.93%	306.25%	-70.15%	106.19%	36%	-77.21%	125.81%	39.29%	13.47%	-8.4%	-13.56%	48.83%	12.64%	-0.63%	1.71%
EBIT	62	368.5	405.9	879	1,986	630	450	1,440	981	281	-83	-85	-196	184	-187	58	135	-90	3	64	-	-	-	-	-	-	-
Change	-	494.4%	10.15%	116.54%	125.94%	-68.28%	-28.57%	220%	-31.88%	-71.36%	-129.54%	-2.41%	-130.59%	193.88%	-201.63%	131.02%	132.76%	-166.67%	103.33%	2,033.33%	-	-	-	-	-	-	-
Charge d'intérêts ¹	-9.711	-8.324	2.365	-13	-20	-11	-1	-7	-3	3	4	7	9	21	14	-	6	7	12	6	-1	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	50.05	351.9	394.9	870	1,966	624	438	1,420	1,002	296	-125	-	-	-	-	50	139	-109	-42	67	92.7	95.2	-13.8	-	-	-	-
Change	-	603.08%	12.23%	120.31%	125.98%	-68.26%	-29.81%	224.2%	-29.44%	-70.46%	-142.23%	-	-	-	-	-	178%	-178.42%	61.47%	259.52%	38.36%	2.7%	-114.5%	-	-	-	-
Net income ¹	35.86	264.9	288.5	665	1,488	460	334	1,090	762	216	-94	-	-	-	-	35	105	-83	-62	42	70.4	72.3	-10.5	-	-	-	-
Change	-	638.67%	8.92%	130.51%	123.76%	-69.09%	-27.39%	226.35%	-30.09%	-71.65%	-143.52%	-	-	-	-	-	200%	-179.05%	25.3%	167.74%	67.62%	2.7%	-114.52%	-	-	-	-
Announcement Date	7/27/20	10/26/20	2/11/21	5/6/21	7/28/21	10/27/21	2/15/22	4/28/22	7/27/22	10/26/22	2/14/23	4/25/23	7/26/23	10/25/23	2/14/24	4/23/24	7/24/24	10/23/24	2/12/25	4/22/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: West Fraser Timber Co. Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	47.3	-	-	-	-641	-542	-783	-1,325
Change	-	-	-	-	-	15.44%	-44.46%	-69.22%
Announcement Date	2/11/21	2/15/22	2/14/23	2/14/24	2/12/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: West Fraser Timber Co. Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	190	635	477	477	487	420.3	466	445
Change	-	234.28%	-24.88%	0%	2.1%	-13.69%	10.86%	-4.51%
Free Cash Flow (FCF) ¹	830.8	2,917	1,730	48	174	325.4	534.5	-
Change	-	251.12%	-40.69%	-97.23%	262.5%	87%	64.27%	-100%
Announcement Date	2/11/21	2/15/22	2/14/23	2/14/24	2/12/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: West Fraser Timber Co. Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	24.96%	43.44%	33.11%	8.69%	10.9%	12.84%	17.07%	19.42%
EBIT Margin (%)	18.77%	37.51%	27%	-4.4%	1.77%	4.85%	8.27%	12.01%
EBT Margin (%)	17.81%	37.06%	26.73%	-3.53%	0.62%	4.48%	9.41%	11.96%
Net margin (%)	13.26%	28.02%	20.36%	-2.59%	-0.08%	3.54%	6.99%	9.09%
FCF margin (%)	18.02%	27.73%	17.83%	0.74%	2.82%	5.23%	7.93%	-
FCF / Net Income (%)	135.82%	98.98%	87.59%	-28.74%	-3,480%	147.85%	113.36%	-
Profitability
ROA	15.5%	-	19.8%	0.39%	1.07%	2.6%	5%	7.1%
ROE	27.57%	-	26.46%	0.5%	-0.07%	3.2%	6.2%	8.6%
Financial Health
Leverage (Debt/EBITDA)	0.04x	-	-	-	-	-	-	-
Debt / Free cash flow	0.06x	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.12%	6.04%	4.92%	7.39%	7.89%	6.75%	6.91%	6.31%
CAPEX / EBITDA (%)	16.51%	13.9%	14.85%	85.03%	72.36%	52.61%	40.5%	32.51%
CAPEX / FCF (%)	22.87%	21.77%	27.57%	993.75%	279.89%	129.18%	87.18%	-
Items per share
Cash flow per share ¹	-	-	23.44	6.31	-	-	-	-
Change	-	-	-	-73.07%	-	-	-	-
Dividend per Share ¹	0.6306	0.76	1.15	1.2	1.26	1.319	1.385	1.44
Change	-	20.53%	51.32%	4.35%	5%	4.7%	5.01%	3.95%
Book Value Per Share ¹	36.2	-	-	-	85.72	88.86	92.75	-
Change	-	-	-	-	-	3.66%	4.38%	-
EPS ¹	8.907	27.03	20.86	-2.01	-0.06	2.434	6.003	8.17
Change	-	203.47%	-22.83%	-109.64%	97.01%	4,157.43%	146.6%	36.09%
Nbr of stocks (in thousands)	68,679	106,869	84,024	83,556	80,246	79,336	79,336	79,336
Announcement Date	2/11/21	2/15/22	2/14/23	2/14/24	2/12/25	-	-	-