WESTERN FOREST PRODUCTS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.55 CAD | 0.00% |
|
-1.79% | -22.54% |
| Apr. 22 | West Fraser Announced Completion On Sale of its Quesnel River Pulp Mill, and its Slave Lake Pulp Mill | MT |
| Apr. 19 | RBC Capital Markets Outlines Insights for Canadian Materials Sector | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 457.7 | 480.3 | 720.5 | 367.4 | 224.9 | 174.2 | - | - |
| Enterprise Value (EV) 1 | 588.9 | 571.1 | 608.8 | 374.8 | 307.3 | 243.7 | 260.2 | 174.2 |
| P/E ratio | -10.2 x | 14.2 x | 3.77 x | 6.11 x | -3.23 x | -3.44 x | -7.86 x | - |
| Yield | 7.38% | 1.76% | 1.9% | 4.09% | 5.28% | - | - | - |
| Capitalization / Revenue | 0.57 x | 0.5 x | 0.51 x | 0.25 x | 0.22 x | 0.18 x | 0.16 x | - |
| EV / Revenue | 0.73 x | 0.59 x | 0.43 x | 0.26 x | 0.3 x | 0.25 x | 0.25 x | - |
| EV / EBITDA | -393 x | 5.53 x | 2.02 x | 2.74 x | -10.3 x | 15.8 x | 5.3 x | 3.35 x |
| EV / FCF | -22.1 x | 9.26 x | 2.44 x | -6.81 x | -3.93 x | 15.2 x | 18.6 x | - |
| FCF Yield | -4.53% | 10.8% | 41% | -14.7% | -25.4% | 6.57% | 5.38% | - |
| Price to Book | 0.95 x | 0.95 x | 1.13 x | 0.58 x | 0.4 x | 0.33 x | 0.33 x | - |
| Nbr of stocks (in thousands) | 375,197 | 375,197 | 341,473 | 316,743 | 316,746 | 316,746 | - | - |
| Reference price 2 | 1.220 | 1.280 | 2.110 | 1.160 | 0.7100 | 0.5500 | 0.5500 | 0.5500 |
| Announcement Date | 2/11/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/13/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 807.7 | 964.9 | 1,418 | 1,444 | 1,018 | 968.5 | 1,059 | - |
| EBITDA 1 | -1.5 | 103.2 | 302.1 | 136.9 | -29.9 | 15.4 | 49.12 | 52 |
| EBIT 1 | -55.6 | 53.9 | 267.1 | 84.3 | - | -46 | -6 | - |
| Operating Margin | -6.88% | 5.59% | 18.84% | 5.84% | - | -4.75% | -0.57% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | -46.7 | 33.1 | 202.8 | - | - | - | - | - |
| Net margin | -5.78% | 3.43% | 14.3% | - | - | - | - | - |
| EPS 2 | -0.1200 | 0.0900 | 0.5600 | 0.1900 | -0.2200 | -0.1600 | -0.0700 | - |
| Free Cash Flow 1 | -26.7 | 61.7 | 249.7 | -55 | -78.2 | 16 | 14 | - |
| FCF margin | -3.31% | 6.39% | 17.61% | -3.81% | -7.69% | 1.65% | 1.32% | - |
| FCF Conversion (EBITDA) | - | 59.79% | 82.65% | - | - | 103.9% | 28.5% | - |
| FCF Conversion (Net income) | - | 186.4% | 123.13% | - | - | - | - | - |
| Dividend per Share 2 | 0.0900 | 0.0225 | 0.0400 | 0.0475 | 0.0375 | - | - | - |
| Announcement Date | 2/11/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/13/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 352.9 | 327.9 | 359.6 | 437.4 | 356 | 291 | 263.8 | 276 | 231.1 | 246.6 | 225.1 | 248.8 | 244.6 | 241.7 | - |
| EBITDA 1 | 68.6 | 52.5 | 65.4 | 66.2 | 17.3 | -11.9 | -5 | -12 | -11.6 | -1.2 | 0.0667 | 2.633 | 4.9 | 5.45 | 12 |
| EBIT 1 | 56.6 | 38.9 | 51.5 | 53.4 | 8.9 | -29.5 | -23.4 | -27.5 | -23.4 | -14.4 | -18.5 | -10 | -10 | -8.5 | - |
| Operating Margin | 16.04% | 11.86% | 14.32% | 12.21% | 2.5% | -10.14% | -8.87% | -9.96% | -10.13% | -5.84% | -8.22% | -4.02% | -4.09% | -3.52% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS 2 | 0.1200 | 0.0900 | 0.1100 | 0.1200 | 0.0200 | -0.0600 | -0.0500 | -0.0700 | -0.0500 | - | -0.0500 | - | - | - | - |
| Dividend per Share 2 | 0.0100 | 0.0100 | 0.0100 | 0.0125 | 0.0125 | 0.0125 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/3/21 | 2/16/22 | 5/4/22 | 8/3/22 | 11/3/22 | 2/16/23 | 5/3/23 | 8/3/23 | 11/7/23 | 2/13/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 131 | 90.8 | - | 7.4 | 82.4 | 69.5 | 86 | - |
| Net Cash position 1 | - | - | 112 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -87.47 x | 0.8798 x | - | 0.0541 x | -2.756 x | 4.513 x | 1.751 x | - |
| Free Cash Flow 1 | -26.7 | 61.7 | 250 | -55 | -78.2 | 16 | 14 | - |
| ROE (net income / shareholders' equity) | - | - | - | - | -11.3% | -2.5% | 0.9% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | -7.41% | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.280 | 1.340 | 1.860 | 1.990 | 1.780 | 1.670 | 1.660 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 37.2 | 18.7 | 31.9 | 44.3 | 44.4 | 56.7 | 48.3 | - |
| Capex / Sales | 4.61% | 1.94% | 2.25% | 3.07% | 4.36% | 5.85% | 4.56% | - |
| Announcement Date | 2/11/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/13/24 | - | - | - |
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
C
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
0.55
CAD
Average target price
0.69
CAD
Spread / Average Target
+25.45%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -22.54% | 127M | |
| -9.49% | 6.99B | |
| -.--% | 1.39B | |
| -20.28% | 1.23B | |
| +13.58% | 927M | |
| -24.11% | 512M | |
| -22.46% | 342M | |
| -36.94% | 83.51M | |
| +41.76% | 262M | |
| -34.96% | 261M |
- Stock Market
- Equities
- WEF Stock
- Financials Western Forest Products Inc.
