Donald Kayne - Canfor President, Chief Executive Officer, Director
| CFP Stock | CAD 17.04 0.27 1.56% |
CEO
Mr. Donald B. Kayne is President, Chief Executive Officer, Director of Canfor Corporationrationration. He was CEO of Canfor Pulp. He is also a Director and Past Chairman of the Forest Products Association of Canada and a Director of the Council of Forest Industries, Alberta Forest Products Association and the BC Lumber Trade Council. In 2014, Don was appointed to the binational Softwood Lumber Board and currently serves as Vice Chairman and Chairman of the Programs Committee. He is also a Director of Cameco Corporation and Chairman of the charitable organization, Educating Girls of Rural China Foundation, which works to transform the lives of women and communities in rural areas of western China by providing access to education. Background Mr. Kayne was appointed President and CEO of the Company on May 5, 2011. He was additionally appointed CEO of Canfor Pulp on September 30, 2012. Mr. Kayne has spent his entire career at the Company, starting out as a regional sales representative in 1979 since 2017.
| Age | 66 |
| Tenure | 7 years |
| Address | 101-161 East 4th Avenue, Vancouver, BC, Canada, V5T 1G4 |
| Phone | 604 661 5241 |
| Web | https://www.canfor.com |
Canfor Management Efficiency
The company has return on total asset (ROA) of (0.0738) % which means that it has lost $0.0738 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1986) %, meaning that it generated substantial loss on money invested by shareholders. Canfor's management efficiency ratios could be used to measure how well Canfor manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to -0.06. In addition to that, Return On Capital Employed is likely to grow to -0.1. At this time, Canfor's Intangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Net Tangible Assets is likely to grow to about 4 B, while Total Assets are likely to drop about 3.6 B.Similar Executives
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| Scott Rook | Chemtrade Logistics Income | 58 | |
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Management Performance
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0738 |
Canfor Leadership Team
Elected by the shareholders, the Canfor's board of directors comprises two types of representatives: Canfor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canfor. The board's role is to monitor Canfor's management team and ensure that shareholders' interests are well served. Canfor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canfor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Glen Clark, Independent Director | ||
| Kevin Pankratz, Senior Vice President of Sales and Marketing | ||
| Frederick Stimpson, President - Canfor Southern Pine | ||
| Barbara Hislop, Independent Director | ||
| Ryan BarringtonFoote, Independent Director | ||
| Bob Hayes, Vice President - Transportation Procurement and Distribution | ||
| Kevin Horsnell, Vice President - Operations Canada | ||
| Dianne Watts, Independent Director | ||
| William Stinson, Independent Director | ||
| Peter Bentley, Independent Chairman Emeritus of the Board | ||
| David Trent, Senior Digital | ||
| Donald Kayne, President, Chief Executive Officer, Director | ||
| John Baird, Independent Director | ||
| Mns Johansson, Chief Group | ||
| Ross Smith, Independent Director | ||
| Stephen Mackie, Executive Vice President - North American Operations | ||
| Patrick Elliott, Vice President - Corporate Finance and Strategy | ||
| Alan Nicholl, Chief Financial Officer, Senior Vice President - Finance and Canfor Pulp Operations | ||
| Katy Player, Vice President - People and Communications | ||
| Michelle Ward, Vice Communications | ||
| Mark Feldinger, Senior Vice President - Energy, Environment, Transportation, Sourcing | ||
| David Calabrigo, Senior Vice President - Corporate Development, Legal Affairs and Human Resources and Corporate Secretary | ||
| Conrad Pinette, Independent Chairman of the Board | ||
| J Singleton, Independent Director | ||
| Jim Bogle, Vice Digital | ||
| Ross Lennox, Vice President - Woodlands Canada | ||
| Daniel Barwin, Director Finance | ||
| M Ross, Independent Director | ||
| Mans Johansson, Chief Executive Officer - Vida Group |
Canfor Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canfor a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0738 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 2.2 B | ||||
| Shares Outstanding | 118.41 M | ||||
| Shares Owned By Insiders | 53.92 % | ||||
| Shares Owned By Institutions | 12.26 % | ||||
| Number Of Shares Shorted | 834.37 K | ||||
| Price To Earning | 12.53 X |
Pair Trading with Canfor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canfor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canfor will appreciate offsetting losses from the drop in the long position's value.Moving together with Canfor Stock
| 0.75 | AG | First Majestic Silver | PairCorr |
| 0.78 | IE | Ivanhoe Energy | PairCorr |
| 0.84 | FDY | Faraday Copper Corp | PairCorr |
Moving against Canfor Stock
The ability to find closely correlated positions to Canfor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canfor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canfor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canfor to buy it.
The correlation of Canfor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canfor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canfor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Canfor Stock
Canfor financial ratios help investors to determine whether Canfor 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 Canfor with respect to the benefits of owning Canfor security.