WEF : Western Forest Products Inc Stock Profile

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

Western Forest Products Inc trades with the ticker WEF on the TSX and is in the Lumber & Wood Production industry.

Overview
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.
 

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

WEF.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $186.88MM

PE Ratio:

Price: 0.58 (Updated: 3/12/2024 0:47:16)



Western Forest Products Inc (WEF) vs Competitors in Lumber & Wood Production

Lets see how WEF.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, Pinnacle Renewable Energy 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

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

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-8.24) than the industry average (-7.10), indicating attractive valuation.
 

How to Buy WEF 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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