West Fraser Timber Stock Piotroski F Score

WFG Stock  USD 87.65  0.08  0.09%   
This module uses fundamental data of West Fraser to approximate its Piotroski F score. West Fraser F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of West Fraser Timber. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about West Fraser financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out West Fraser Altman Z Score, West Fraser Correlation, West Fraser Valuation, as well as analyze West Fraser Alpha and Beta and West Fraser Hype Analysis.
  
At this time, West Fraser's Short Term Debt is most likely to increase significantly in the upcoming years. The West Fraser's current Long Term Debt Total is estimated to increase to about 648.1 M, while Short and Long Term Debt Total is projected to decrease to roughly 557.8 M. At this time, West Fraser's Book Value Per Share is most likely to increase significantly in the upcoming years. The West Fraser's current Capex To Depreciation is estimated to increase to 1.35, while Dividend Yield is projected to decrease to 0.01.
At this time, it appears that West Fraser's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

West Fraser Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to West Fraser is to make sure West is not a subject of accounting manipulations and runs a healthy internal audit department. So, if West Fraser's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if West Fraser's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.770.62
Fairly Up
Slightly volatile
Gross Profit Margin0.220.25
Fairly Down
Very volatile
Total Current Liabilities1.3 B1.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total875.7 M1.3 B
Way Down
Slightly volatile
Total Assets11.4 B10.8 B
Sufficiently Up
Slightly volatile
Total Current Assets2.9 B2.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities518.8 M603.8 M
Fairly Down
Slightly volatile

West Fraser Timber F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between West Fraser's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards West Fraser in a much-optimized way.

About West Fraser Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

85.03 Million

At this time, West Fraser's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

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.

Currently Active Assets on Macroaxis

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 West Fraser Altman Z Score, West Fraser Correlation, West Fraser Valuation, as well as analyze West Fraser Alpha and Beta and West Fraser Hype Analysis.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Fraser. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Fraser listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.24
Earnings Share
(1.15)
Revenue Per Share
77.23
Quarterly Revenue Growth
(0.16)
The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Fraser's market value can be influenced by many factors that don't directly affect West Fraser's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.