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Canfor Corporation

Basic Materials CA CFP

17.22CAD
0.09(0.53%)

Last update at 2024-11-20T19:45:00Z

Day Range

16.8517.34
LowHigh

52 Week Range

13.5319.30
LowHigh

Fundamentals

  • Previous Close 17.13
  • Market Cap2030.65M
  • Volume71430
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-311.20000M
  • Revenue TTM5250.00M
  • Revenue Per Share TTM44.19
  • Gross Profit TTM 2631.70M
  • Diluted EPS TTM-6.08

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1108.50M 1896.80M 720.10M -364.90000M 588.80M
Minority interest -73.80000M -117.20000M 426.20M 423.60M 283.50M
Net income 787.30M 1341.60M 544.40M -269.70000M 354.90M
Selling general administrative 174.20M 147.10M 127.90M 124.90M 108.00M
Selling and marketing expenses 790.60M 848.10M 773.20M 809.00M 751.70M
Gross profit 2631.70M 3511.60M 1915.60M 1076.80M 1799.90M
Reconciled depreciation 397.20M 376.80M 380.90M 362.20M 270.50M
Ebit 1074.10M 1908.10M 727.30M -261.30000M 538.00M
Ebitda 1673.20M 2596.10M 1175.10M 100.90M 808.50M
Depreciation and amortization 599.10M 688.00M 447.80M 362.20M 270.50M
Non operating income net other - - - - -
Operating income 1074.10M 1908.10M 727.30M -261.30000M 608.60M
Other operating expenses 6206.10M 5498.60M 4711.70M 4931.40M 4435.80M
Interest expense 27.30M 30.10M 51.60M 59.70M 33.30M
Tax provision 247.40M 438.00M 160.20M -95.20000M 149.80M
Interest income 13.40M 35.20M 16.80M 73.80M 19.90M
Net interest income 1.00M -24.10000M -36.20000M -57.50000M -26.00000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 247.40M 438.00M 160.20M -95.20000M 149.80M
Total revenue 7426.70M 7684.90M 5454.40M 4658.30M 5044.40M
Total operating expenses 1411.10M 1325.30M 1172.90M 1349.90M 1191.30M
Cost of revenue 4795.00M 4173.30M 3538.80M 3581.50M 3244.50M
Total other income expense net 34.40M -11.30000M -7.20000M -103.60000M -19.80000M
Discontinued operations - - - - -
Net income from continuing ops 861.10M 1458.80M 559.90M -269.70000M 439.00M
Net income applicable to common shares 787.30M 1341.60M 544.40M -263.00000M 354.90M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 6131.40M 6739.20M 6173.90M 5108.80M 4527.00M
Intangible assets 372.20M 391.40M 351.00M 475.30M 499.70M
Earning assets - - - - -
Other current assets 122.70M 138.00M 120.30M 73.80M 133.00M
Total liab 1854.00M 1976.40M 2164.80M 2475.10M 2458.10M
Total stockholder equity 3818.20M 4221.50M 3484.00M 2207.50M 1645.30M
Deferred long term liab - - - - -
Other current liab 176.60M 258.60M 480.70M 297.90M 187.00M
Common stock 938.30M 955.10M 982.20M 987.90M 987.90M
Capital stock 938.30M 955.10M 982.20M 987.90M 987.90M
Retained earnings 3004.20M 3341.50M 2586.80M 1227.30M 674.30M
Other liab - 799.70M 788.50M 903.30M 758.00M
Good will 493.90M 498.50M 477.00M 499.50M 393.30M
Other assets - 59.90M 266.80M 267.40M 91.00M
Cash 627.40M 1268.70M 1354.80M 419.20M 60.10M
Cash and equivalents - 1268.70M 1354.80M 419.20M 60.10M
Total current liabilities 905.20M 883.60M 1081.60M 848.40M 967.50M
Current deferred revenue 2.10M - - 258.50M 170.70M
Net debt -228.10000M -876.30000M -1019.00000M 354.50M 1088.80M
Short term debt 186.00M 99.30M 41.10M 50.30M 416.30M
Short long term debt 155.40M 73.10M 19.20M 26.20M 395.00M
Short long term debt total 399.30M 392.40M 335.80M 773.70M 1148.90M
Other stockholder equity -169.80000M -157.70000M -130.90000M -127.40000M -82.80000M
Property plant equipment - 2318.20M 1878.20M 2055.40M 2043.00M
Total current assets 2257.70M 3064.90M 3163.40M 1793.20M 1410.50M
Long term investments 90.80M 33.40M 37.50M 18.00M 89.50M
Net tangible assets - 3331.60M 2656.00M 1232.70M 752.30M
Short term investments - - - - -
Net receivables 512.80M 477.50M 514.50M 432.70M 413.50M
Long term debt 115.10M 213.60M 245.50M 662.90M 681.70M
Inventory 994.80M 1180.70M 1173.80M 867.50M 803.90M
Accounts payable 540.50M 525.70M 559.80M 500.20M 364.20M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 45.50M 82.60M 45.90M 119.70M 65.90M
Additional paid in capital - - - - -
Common stock total equity - - - 987.90M 987.90M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 65.00M 431.80M 261.40M 519.80M 180.20M
Deferred long term asset charges - - - - -
Non current assets total 3873.70M 3674.30M 3010.50M 3315.60M 3116.50M
Capital lease obligations 128.80M 105.70M 71.10M 84.60M 72.20M
Long term debt total - 293.10M 294.70M 723.40M 732.60M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1046.60000M -468.40000M -246.90000M -944.60000M -393.40000M
Change to liabilities -83.50000M 100.40M 155.50M -96.50000M 29.20M
Total cashflows from investing activities -1046.60000M -468.40000M -246.90000M -944.60000M -393.40000M
Net borrowings -16.60000M -440.10000M -403.70000M 627.60M -0.40000M
Total cash from financing activities -179.40000M -504.10000M -463.00000M 549.90M -186.80000M
Change to operating activities -11.00000M -24.10000M -5.10000M 1.30M -11.00000M
Net income 861.10M 1458.80M 559.90M -269.70000M 439.00M
Change in cash -86.10000M 935.60M 359.10M -192.60000M -35.50000M
Begin period cash flow 1354.80M 419.20M 60.10M 252.70M 288.20M
End period cash flow 1268.70M 1354.80M 419.20M 60.10M 252.70M
Total cash from operating activities 1113.00M 1914.90M 1073.60M 200.70M 536.10M
Issuance of capital stock - - - - -
Depreciation 397.20M 376.80M 380.90M 362.20M 270.50M
Other cashflows from investing activities -421.30000M -2.00000M 3.10M -23.40000M 5.40M
Dividends paid 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change to inventory 88.20M -356.30000M -23.20000M 144.30M -126.50000M
Change to account receivables 100.90M -103.30000M -93.60000M 65.30M 25.50M
Sale purchase of stock -78.90000M -19.20000M - 0.00000M -88.50000M
Other cashflows from financing activities -73.20000M -36.80000M -59.30000M 569.00M -97.90000M
Change to netincome -166.10000M 579.80M 114.70M -12.90000M -6.50000M
Capital expenditures 625.30M 428.20M 201.50M 302.80M 401.40M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 94.60M -383.30000M 33.60M 114.40M -82.80000M
Stock based compensation - - 68.10M 12.20M -
Other non cash items -487.30000M 24.60M -61.00000M 89.00M -240.40000M
Free cash flow 487.70M 1486.70M 872.10M -102.10000M 134.70M

Peer Comparison

Sector: Basic Materials Industry: Lumber & Wood Production

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CFP
Canfor Corporation
0.09 0.53% 17.22 - 42.37 0.39 0.63 0.42 20.09
WFG
West Fraser Timber Co Ltd
2.31 1.79% 131.41 - 18.25 1.60 1.02 1.08 15.01
SJ
Stella-Jones Inc.
-1.79 2.55% 68.44 12.67 12.50 1.18 2.22 1.65 8.87
IFP
Interfor Corp
-0.01 0.05% 19.11 - 6.67 0.33 0.66 0.61 -30.8358
ADN
Acadian Timber Corp
0.03 0.17% 17.70 11.04 17.18 2.55 0.93 3.33 9.22

Reports Covered

Stock Research & News

Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy. It also offers dimension lumber products, such as spruce pine fir, southern yellow pine, Douglas fir larch, and Canfor red; specialty lumber products, including Balfour boards, WynnWood board, decking/fascia, lamstock, long lengths, shop/clear, and access mat lumber; and pulp and paper products comprising bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

Canfor Corporation

101-161 East 4th Avenue, Vancouver, BC, Canada, V5T 1G4

Key Executives

Name Title Year Born
Mr. Donald B. Kayne Pres, CEO & Director 1958
Mr. Patrick A. J. Elliott CFO & Sr. VP of Sustainability NA
Mr. David M. Calabrigo Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec. 1959
Mr. Kevin Pankratz Sr. VP of Sales & Marketing NA
Mr. Stephen MacKie Exec. VP of North American Operations NA
Mr. Daniel Barwin Director of Corp. Fin. NA
Ms. Michelle Ward Sr. Director of Communications and Gov. Relations NA
Ms. Katy Player Sr. VP of People NA
Mr. David Trent Sr. VP of Supply Chain & Digital NA
Mr. Måns Johansson Chief Exec. Officer at Vida Group NA

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