Western Forest Products: Top 10 Undervalued Forest Products Industry Stocks (WEF)
Western Forest Products is now ranked among the top 10 undervalued stocks in the Forest Products industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Forest Products: Companies that grow timber, mill lumber, and manufacture wood and wood products for construction.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CFF | Conifex Timber | 0.68 | 1.23 | 0.55 (81.3%) | 79694 | 27.4 | 0.0 | 0.0 |
| KLX | Klimat X Developments | 0.09 | 0.11 | 0.02 (24.8%) | 134456 | 7.9 | 0.0 | 0.0 |
| CFX | Canfor Pulp Products | 1.79 | 2.23 | 0.43 (24.3%) | 23128 | 116.8 | 0.0 | 0.0 |
| IFP | Interfor | 23.08 | 28.20 | 5.12 (22.2%) | 215474 | 1187.3 | 0.0 | 0.0 |
| GDL | Goodfellow | 14.03 | 15.29 | 1.26 (8.9%) | 2336 | 119.7 | 7.2 | 7.0 |
| WEF | Western Forest Products | 0.70 | 0.76 | 0.06 (8.9%) | 406547 | 221.7 | 5.4 | 0.0 |
| WBE | WestBond Enterprises | 0.15 | 0.17 | 0.01 (8.1%) | 27750 | 5.5 | 3.6 | 0.0 |
| GFP | GreenFirst Forest Prods | 0.86 | 0.91 | 0.05 (6.0%) | 48533 | 163.4 | 0.0 | 0.0 |
| ADN | Acadian Timber | 17.50 | 18.45 | 0.95 (5.4%) | 5756 | 299.1 | 6.7 | 7.4 |
All data provided as of January 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Western Forest Products
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold.
Western Forest Products is listed under WEF on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
