West Fraser Timber Stock Fundamentals

WFG Stock  CAD 131.91  1.53  1.15%   
West Fraser Timber fundamentals help investors to digest information that contributes to West Fraser's financial success or failures. It also enables traders to predict the movement of West Stock. The fundamental analysis module provides a way to measure West Fraser's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to West Fraser stock.
At this time, West Fraser's Net Interest Income is very stable compared to the past year.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

West Fraser Timber Company Shares Outstanding Analysis

West Fraser's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current West Fraser Shares Outstanding

    
  77.96 M  
Most of West Fraser's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, West Fraser Timber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

West Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for West Fraser is extremely important. It helps to project a fair market value of West Stock properly, considering its historical fundamentals such as Shares Outstanding. Since West Fraser's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of West Fraser's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of West Fraser's interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

West Common Stock Shares Outstanding

Common Stock Shares Outstanding

85.01 Million

At this time, West Fraser's Common Stock Shares Outstanding is very stable compared to the past year.
Based on the latest financial disclosure, West Fraser Timber has 77.96 M of shares currently outstending. This is 87.31% lower than that of the Paper & Forest Products sector and 51.4% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 86.37% higher than that of the company.

West Fraser Timber Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining West Fraser's current stock value. Our valuation model uses many indicators to compare West Fraser value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across West Fraser competition to find correlations between indicators driving West Fraser's intrinsic value. More Info.
West Fraser Timber is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers . At this time, West Fraser'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 West Fraser by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for West Fraser'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.

West Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses West Fraser's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of West Fraser could also be used in its relative valuation, which is a method of valuing West Fraser by comparing valuation metrics of similar companies.
West Fraser is currently under evaluation in shares outstanding category among its peers.

West Fundamentals

About West Fraser Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze West Fraser Timber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of West Fraser using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of West Fraser Timber based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue295.6 M310.3 M
Total Revenue6.5 B3.5 B
Cost Of Revenue4.7 B2.3 B
Sales General And Administrative To Revenue 0.05  0.05 
Capex To Revenue 0.07  0.08 
Revenue Per Share 77.57  81.45 
Ebit Per Revenue(0.04)(0.04)

Pair Trading with West Fraser

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 West Fraser 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 West Fraser will appreciate offsetting losses from the drop in the long position's value.

Moving together with West Stock

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Moving against West Stock

  0.42INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to West Fraser could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West Fraser 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 West Fraser - 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 West Fraser Timber to buy it.
The correlation of West Fraser 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 West Fraser moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West Fraser Timber 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 West Fraser 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.
Pair CorrelationCorrelation Matching
When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.