Pinnacle Renewable Energy Inc trades with the ticker PL on the TSX and is in the Lumber & Wood Production industry.
Overview
Pinnacle Renewable Energy Inc., together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power. It also owns and operates the Westview port facility at Prince Rupert for the storage, handling, and loading of third party wood pellets. The company was formerly known as Pinnacle Renewable Holdings Inc. and changed its name to Pinnacle Renewable Energy Inc. in December 2018. Pinnacle Renewable Energy Inc. was founded in 1989 and is headquartered in Richmond, Canada. As of April 13, 2021, Pinnacle Renewable Energy Inc. operates as a subsidiary of Drax Group plc.
Looking to invest in Pinnacle Renewable Energy Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PL.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $376.63MM
PE Ratio:
Price: 2.2 (Updated: 3/12/2024 0:47:16)
Pinnacle Renewable Energy Inc (PL) vs Competitors in Lumber & Wood Production
Lets see how PL.TO stacks up against others in the Lumber & Wood Production asset management industry. We have identified its main peers as:Acadian Timber Corp, Canfor Corporation, Goodfellow Inc, Norbord Inc, Western Forest Products Inc
.Lumber & Wood Production Industry Comparisons
| Company | Market Cap ($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
- Pinnacle Renewable Energy Inc (PL) vs Acadian Timber Corp (ADN)
- ADN has higher EPS (1.73 vs 0.059). ADN has higher dividend yield (6.6% vs 1.0%). PL has a P/E under 0, indicating ADN (P/E 10.11) is in a better position.
- Pinnacle Renewable Energy Inc (PL) vs Canfor Corporation (CFP)
- PL has higher EPS (0.059 vs -2.71). PL provides dividends, while CFP does not. CFP and PL both have P/E’s under 0.
- Pinnacle Renewable Energy Inc (PL) vs Goodfellow Inc (GDL)
- GDL has higher EPS (1.72 vs 0.059). GDL has higher dividend yield (6.8% vs 1.0%). PL has a P/E under 0, indicating GDL (P/E 8.576) is in a better position.
- Pinnacle Renewable Energy Inc (PL) vs Norbord Inc (OSB)
- OSB has higher EPS (2.82 vs 0.059). OSB 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.
- Pinnacle Renewable Energy Inc (PL) vs Western Forest Products Inc (WEF)
- PL has higher EPS (0.059 vs -0.22). WEF has higher dividend yield (6.7% vs 1.0%). WEF and PL both have P/E’s under 0.
Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
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