Western Forest Financials

WEF Stock  CAD 0.45  0.02  4.26%   
We strongly advise to harness Western Forest Products analysis to find out if markets are presently mispricing the firm. We were able to analyze and collect data for thirty-seven available indicators for Western Forest Products, which can be compared to its rivals. The stock experiences a very speculative upward sentiment. Check odds of Western Forest to be traded at C$0.4275 in 90 days. Key indicators impacting Western Forest's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.160.17
Notably Down
Slightly volatile
Current Ratio1.82.7678
Way Down
Pretty Stable
  
Understanding current and past Western Forest Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Forest's financial statements are interrelated, with each one affecting the others. For example, an increase in Western Forest's assets may result in an increase in income on the income statement.

Western Forest Stock Summary

Western Forest competes with Interfor Corp, Canfor, West Fraser, Stella Jones, and Martinrea International. Western Forest Products Inc. operates as an integrated forest products company. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. WESTERN FOREST operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2210 people.
Specialization
Basic Materials, Lumber & Wood Production
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA9582112038
Business AddressRoyal Centre Building,
SectorPaper & Forest Products
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.westernforest.com
Phone604 648 4500
CurrencyCAD - Canadian Dollar
You should never invest in Western Forest without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Western Stock, because this is throwing your money away. Analyzing the key information contained in Western Forest's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Western Forest Key Financial Ratios

Western Forest's financial ratios allow both analysts and investors to convert raw data from Western Forest's financial statements into concise, actionable information that can be used to evaluate the performance of Western Forest over time and compare it to other companies across industries.

Western Forest Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets782.5M852.2M959M932.8M915.4M829.1M
Net Debt132.2M90.8M(111.7M)4.8M102.3M77.5M
Retained Earnings(6.8M)16.1M184.5M229.1M148.9M156.3M
Accounts Payable35M108.7M112.8M108.5M102.8M102.3M
Cash2.1M2.9M130M15.8M2.3M2.2M
Net Receivables40.1M66.8M57.4M77.4M74.4M76.8M
Inventory132M177.9M207.2M224.8M213.5M184.2M
Other Current Assets14.7M16.1M16.4M21.8M33.9M35.6M
Total Liab299.9M346.6M341.8M281.1M347.5M262.5M
Total Current Assets188.9M263.7M411M339.8M334.9M296.5M
Short Term Debt4.9M6.8M5.5M4.2M7.8M7.4M
Other Current Liab8.7M8.1M74M11.1M8.4M8.0M
Intangible Assets109.2M105M100.3M96.3M92.3M91.2M
Other Liab120.9M134.1M134.7M138.9M159.7M136.5M
Net Tangible Assets372.6M399.5M511.8M543.9M625.5M439.5M
Long Term Debt6M113.4M71.5M83.8M75.4M42.7M
Long Term Debt Total128.4M86.9M12.8M16.4M14.8M14.0M
Capital Surpluse9.1M9.6M10.4M9M10.5M9.9M
Cash And Equivalents2.1M2.9M130M15.8M18.2M33.6M

Western Forest Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense7.3M7.9M1.9M2.1M6.3M4.1M
Total Revenue807.7M964.9M1.4B1.4B1.0B1.0B
Gross Profit45.7M171.6M399M254.5M50.9M48.4M
Operating Income(49.5M)53.9M267.1M84.3M(83.4M)(79.2M)
Ebit(52.1M)62.5M246.7M87.5M(80.1M)(76.1M)
Ebitda(6.5M)116.1M297.8M138.1M(25.9M)(24.6M)
Cost Of Revenue762M793.3M1.0B1.2B966.6M866.3M
Income Before Tax(63.4M)48M265.2M84.4M(95.1M)(90.3M)
Net Income(46.7M)33.1M201.4M61.7M(68.5M)(65.1M)
Income Tax Expense(16.7M)14.6M62.4M22.6M(25M)(23.8M)
Tax Provision(16.7M)14.6M62.4M22.6M(25M)(23.8M)
Interest Income6.8M7.8M2.3M2M3.8M3.9M
Net Interest Income(7.8M)(5.9M)(1.9M)100K(3M)(3.2M)

Western Forest Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory49.6M(45.9M)(28.8M)(12.8M)8.8M9.2M
Change In Cash(6.3M)800K127.1M(114.2M)(13.5M)(12.8M)
Free Cash Flow(26.7M)61.7M248.5M(56.8M)(78.2M)(74.3M)
Depreciation45.4M53.5M50.9M50.2M53.7M39.1M
Other Non Cash Items(10.4M)23.8M(20.4M)(99.5M)16.8M17.6M
Capital Expenditures37.2M18.7M33.1M46.5M44.4M40.5M
Net Income(46.7M)33.4M202.8M61.8M(70.1M)(66.6M)
End Period Cash Flow2.1M2.9M130M15.8M2.3M2.2M
Net Borrowings102M(50.7M)(79.8M)(7.5M)(6.8M)(7.1M)
Dividends Paid34M8.4M14.3M15.3M11.9M18.9M
Change To Netincome(28.9M)7.9M52M(96.9M)(87.2M)(82.8M)
Investments(63.2M)(14.5M)38.7M(59.9M)(39.5M)(41.5M)

Western Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Western Forest's current stock value. Our valuation model uses many indicators to compare Western Forest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Forest competition to find correlations between indicators driving Western Forest's intrinsic value. More Info.
Western Forest Products is rated first in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At this time, Western Forest's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Forest by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Forest's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Western Forest Products Systematic Risk

Western Forest's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Forest volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Western Forest Products correlated with the market. If Beta is less than 0 Western Forest generally moves in the opposite direction as compared to the market. If Western Forest Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Forest Products is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Forest is generally in the same direction as the market. If Beta > 1 Western Forest moves generally in the same direction as, but more than the movement of the benchmark.

Western Forest Products Total Assets Over Time

Today, most investors in Western Forest Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Forest's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Western Forest growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.016

At this time, Western Forest's Price Earnings To Growth Ratio is very stable compared to the past year.

Western Forest November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Western Forest help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Forest Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Forest Products based on widely used predictive technical indicators. In general, we focus on analyzing Western Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Forest's daily price indicators and compare them against related drivers.

Other Information on Investing in Western Stock

Western Forest financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Forest security.