OSB : Norbord Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Norbord Inc trades with the ticker OSB on the TSX and is in the Lumber & Wood Production industry.

Overview
Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, moldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.
 

Looking to invest in Norbord Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

OSB.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $4598.072MM

PE Ratio: 20.202

Price: 460.96 (Updated: 3/12/2024 0:47:16)



Norbord Inc (OSB) vs Competitors in Lumber & Wood Production

Lets see how OSB.TO stacks up against others in the Lumber & Wood Production asset management industry. We have identified its main peers as:

Acadian Timber Corp, Canfor Corporation, Goodfellow Inc, Pinnacle Renewable Energy Inc, Western Forest Products Inc

.

Lumber & Wood Production Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Acadian Timber Corp (ADN) $301.786 10.11 9.308 6.6%
Canfor Corporation (CFP) $1,915.995 N/A -55.341 N/A%
Goodfellow Inc (GDL) $125.566 8.576 3.665 6.8%
Norbord Inc (OSB) $4,598.072 20.202 11.029 1.0%
Pinnacle Renewable Energy Inc (PL) $376.63 N/A 15.092 1.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Lumber & Wood Production

  • Norbord Inc (OSB) vs Acadian Timber Corp (ADN)
    • OSB has higher EPS (2.82 vs 1.73). ADN has higher dividend yield (6.6% vs 1.0%). OSB has a higher P/E ratio (20.202 vs 10.11) indicating it’s more expensive.
  • Norbord Inc (OSB) vs Canfor Corporation (CFP)
    • OSB has higher EPS (2.82 vs -2.71). OSB provides dividends, while CFP does not. CFP has a P/E under 0, indicating OSB (P/E 20.202) is in a better position.
  • Norbord Inc (OSB) vs Goodfellow Inc (GDL)
    • OSB has higher EPS (2.82 vs 1.72). GDL has higher dividend yield (6.8% vs 1.0%). OSB has a higher P/E ratio (20.202 vs 8.576) indicating it’s more expensive.
  • Norbord Inc (OSB) vs Pinnacle Renewable Energy Inc (PL)
    • OSB has higher EPS (2.82 vs 0.059). PL has higher dividend yield (1.0% vs 1.0%). PL has a P/E under 0, indicating OSB (P/E 20.202) is in a better position.
  • Norbord Inc (OSB) vs Western Forest Products Inc (WEF)
    • OSB has higher EPS (2.82 vs -0.22). WEF has higher dividend yield (6.7% vs 1.0%). WEF has a P/E under 0, indicating OSB (P/E 20.202) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (11.03) than the industry average (12.92), indicating attractive valuation.
 

How to Buy OSB stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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