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Western Forest Products Inc

Basic Materials CA WEF

0.4CAD
-0.005(1.23%)

Last update at 2024-12-19T17:32:00Z

Day Range

0.400.41
LowHigh

52 Week Range

0.410.77
LowHigh

Fundamentals

  • Previous Close 0.41
  • Market Cap140.95M
  • Volume1052997
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-22.10000M
  • Revenue TTM1037.30M
  • Revenue Per Share TTM3.27
  • Gross Profit TTM 253.30M
  • Diluted EPS TTM-0.14

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 84.40M 265.20M 48.00M -63.40000M 94.80M
Minority interest -0.10000M -1.40000M 1.10M 0.80M 0.80M
Net income 61.70M 201.40M 33.10M -46.70000M 69.20M
Selling general administrative 44.50M 57.80M 36.70M 31.10M 32.00M
Selling and marketing expenses 102.40M 93.80M 73.70M 64.10M 90.60M
Gross profit 254.50M 399.00M 171.60M 45.70M 226.00M
Reconciled depreciation 50.20M 50.90M 53.50M 45.40M 40.20M
Ebit 84.30M 267.10M 53.90M -49.50000M 96.80M
Ebitda 138.10M 297.80M 116.10M -6.50000M 137.00M
Depreciation and amortization 53.80M 30.70M 62.20M 43.00M 40.20M
Non operating income net other - - - - -
Operating income 84.30M 267.10M 53.90M -49.50000M 97.50M
Other operating expenses 1358.30M 1170.30M 904.40M 857.20M 1093.30M
Interest expense 2.10M 1.90M 7.90M 7.30M 2.00M
Tax provision 22.60M 62.40M 14.60M -16.70000M 25.60M
Interest income 2.00M 2.30M 7.80M 6.80M 1.60M
Net interest income 0.10M -1.90000M -5.90000M -7.80000M -2.70000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 22.60M 62.40M 14.60M -16.70000M 25.60M
Total revenue 1444.00M 1417.70M 964.90M 807.70M 1196.70M
Total operating expenses 168.80M 151.60M 111.10M 95.20M 122.60M
Cost of revenue 1189.50M 1018.70M 793.30M 762.00M 970.70M
Total other income expense net 0.10M -1.90000M -5.90000M -13.90000M -2.70000M
Discontinued operations - - - - -
Net income from continuing ops 61.80M 202.80M 33.40M -46.70000M 69.20M
Net income applicable to common shares 61.70M 201.40M 33.10M -46.30000M 69.20M
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 915.40M 932.80M 959.00M 852.20M 782.50M
Intangible assets 92.30M 96.30M 100.30M 105.00M 109.20M
Earning assets - - - - -
Other current assets 33.90M 21.80M 16.40M 16.10M 14.70M
Total liab 347.50M 281.10M 341.80M 346.60M 299.90M
Total stockholder equity 565.00M 647.20M 612.10M 504.50M 481.80M
Deferred long term liab - - - 0.80M 0.80M
Other current liab 8.40M 11.10M 74.00M 116.80M 8.70M
Common stock 405.40M 405.40M 420.80M 479.90M 479.90M
Capital stock 405.40M 405.40M 420.80M 479.90M 479.90M
Retained earnings 148.90M 229.10M 184.50M 16.10M -6.80000M
Other liab - 138.90M 134.70M 134.10M 120.90M
Good will 6.90M 7.00M - - -
Other assets - -2.60000M 45.40M 37.80M 4.50M
Cash 2.30M 15.80M 130.00M 2.90M 2.10M
Cash and equivalents - 15.80M 130.00M 2.90M 2.10M
Total current liabilities 121.00M 125.80M 194.30M 125.60M 48.60M
Current deferred revenue 2.00M 2.00M 2.00M 2.00M -
Net debt 102.30M 4.80M -111.70000M 90.80M 132.20M
Short term debt 7.80M 4.20M 5.50M 6.80M 4.90M
Short long term debt 0.90M -2.60000M - 0.60M -
Short long term debt total 104.60M 20.60M 18.30M 93.70M 134.30M
Other stockholder equity 8.80M 9.10M 9.00M 10.40M 9.60M
Property plant equipment - 413.80M 392.30M 436.90M 470.90M
Total current assets 334.90M 339.80M 411.00M 263.70M 188.90M
Long term investments - - 10.00M 8.80M 9.00M
Net tangible assets - 543.90M 511.80M 399.50M 372.60M
Short term investments - - - - -
Net receivables 74.40M 77.40M 57.40M 66.80M 40.10M
Long term debt 83.80M - 0.00000M 71.50M 113.40M
Inventory 213.50M 224.80M 207.20M 177.90M 132.00M
Accounts payable 102.80M 108.50M 112.80M 108.70M 35.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.90M 3.60M -2.20000M -1.90000M -0.90000M
Additional paid in capital - - - - -
Common stock total equity - - - 479.90M 479.90M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 120.20M 127.40M 94.30M 91.10M 60.40M
Deferred long term asset charges - - - - -
Non current assets total 580.50M 595.60M 548.00M 588.50M 593.60M
Capital lease obligations 19.90M 23.20M 18.30M 21.60M 20.90M
Long term debt total - 16.40M 12.80M 86.90M 128.40M
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 -59.90000M 38.70M -14.50000M -63.20000M -92.00000M
Change to liabilities -6.80000M -2.20000M 74.60M -89.40000M 17.30M
Total cashflows from investing activities -59.90000M 38.70M -14.50000M -63.20000M -92.00000M
Net borrowings -7.50000M -79.80000M -50.70000M 102.00M 7.00M
Total cash from financing activities -44.00000M -193.20000M -65.10000M 46.40M -53.10000M
Change to operating activities -5.00000M -0.40000M -1.30000M 11.90M -4.30000M
Net income 61.80M 202.80M 33.40M -46.70000M 69.20M
Change in cash -114.20000M 127.10M 0.80M -6.30000M -26.90000M
Begin period cash flow 130.00M 2.90M 2.10M 8.40M 35.30M
End period cash flow 15.80M 130.00M 2.90M 2.10M 8.40M
Total cash from operating activities -10.30000M 281.60M 80.40M 10.50M 118.20M
Issuance of capital stock - - - - -
Depreciation 50.20M 50.90M 53.50M 45.40M 40.20M
Other cashflows from investing activities -13.40000M 71.80M 4.20M -26.00000M 3.10M
Dividends paid 15.30M 14.30M 8.40M 34.00M 34.30M
Change to inventory -12.80000M -28.80000M -45.90000M 49.60M -22.90000M
Change to account receivables -1.00000M 8.30M -41.80000M 67.90M -5.20000M
Sale purchase of stock -20.30000M -96.90000M 0.00000M -15.90000M -25.20000M
Other cashflows from financing activities -0.90000M -2.20000M -5.80000M 101.40M 6.40M
Change to netincome -96.90000M 52.00M 7.90M -28.90000M 23.40M
Capital expenditures 46.50M 33.10M 18.70M 37.20M 95.10M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -25.60000M -23.10000M -14.40000M 40.00M -14.80000M
Stock based compensation -1.80000M 12.30M 2.60M -1.30000M 1.70M
Other non cash items -99.50000M -20.40000M 23.80M -10.40000M -3.40000M
Free cash flow -56.80000M 248.50M 61.70M -26.70000M 23.10M

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)
WEF
Western Forest Products Inc
-0.005 1.23% 0.40 - 7.06 0.14 0.26 0.24 -8.1485
WFG
West Fraser Timber Co Ltd
-1.04 0.85% 121.45 - 18.25 1.60 1.02 1.08 15.01
SJ
Stella-Jones Inc.
0.14 0.19% 70.94 12.67 12.50 1.18 2.22 1.65 8.87
CFP
Canfor Corporation
-0.47 3.09% 14.75 - 42.37 0.39 0.63 0.42 20.09
IFP
Interfor Corp
-0.56 3.25% 16.66 - 6.67 0.33 0.66 0.61 -30.8358

Reports Covered

Stock Research & News

Profile

Western Forest Products Inc. operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. The company also provides door and window; outdoor structure; and fencing products. Its products have applications in outdoor living, exterior appearance, interior living, industrial, and structural applications. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada.

Western Forest Products Inc

Royal Centre Building, Vancouver, BC, Canada, V6E 3P3

Key Executives

Name Title Year Born
Mr. Stephen Williams Exec. VP & CFO NA
Mr. Bruce Lindsay Alexander Sr. VP of Sales, Marketing & Manufacturing NA
Ms. Jennifer Eileen Foster Sr. VP of HR & Corp. Affairs NA
Mr. Donald Eugene Demens Advisor 1962
Ms. Shannon Janzen VP of Partnerships & Sustainability and Chief Forester NA
Mr. J. Steven Hofer Pres, CEO & Director 1970
Ms. Alyce Harper VP, Gen. Counsel & Corp. Sec. NA
Babita Khunkhun Sr. Director of Communications NA
Mr. Glen Douglas Nontell VP of Corp. Devel. NA
Mr. Morris Mandziuk Treasurer NA

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