West Free Cash Flow Yield vs Dividend Yield Analysis

WFG Stock

CAD 131.91 1.53 1.15%

West Fraser financial indicator trend analysis is more than just analyzing West Fraser Timber current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Fraser Timber is a good investment. Please check the relationship between West Fraser Free Cash Flow Yield and its Dividend Yield accounts. 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.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Fraser Timber Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between West Fraser's Free Cash Flow Yield and Dividend Yield is -0.26. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of West Fraser Timber, assuming nothing else is changed. The correlation between historical values of West Fraser's Free Cash Flow Yield and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of West Fraser Timber are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., West Fraser's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is West Fraser Timber dividend as a percentage of West Fraser stock price. West Fraser Timber dividend yield is a measure of West Fraser stock productivity, which can be interpreted as interest rate earned on an West Fraser investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from West Fraser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Fraser Timber current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At this time, West Fraser's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Multiple is likely to grow to 21.03, while Selling General Administrative is likely to drop about 212.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	10.5B	9.7B	6.5B	3.5B
Depreciation And Amortization	732.2M	766.8M	730.2M	766.7M

Total Revenue Depreciation And Amortization

West Fraser fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Assets	Common Stock	Good Will
Total Assets		0.08	0.5	0.91	1.0	0.99	0.63	-0.88	0.99	0.87	0.95	1.0	0.41	0.96	0.82	0.57	0.76	0.84	0.69	-0.83	0.84	0.99	0.12	0.52	0.98	0.99
Short Long Term Debt Total	0.08		0.01	0.07	0.04	0.14	0.12	0.32	0.09	-0.05	0.04	0.1	0.22	0.03	0.04	-0.51	0.37	0.1	-0.09	-0.16	0.25	0.05	0.01	0.24	-0.07	0.13
Other Current Liab	0.5	0.01		0.47	0.47	0.46	-0.16	-0.43	0.42	0.5	0.47	0.45	0.38	0.68	0.78	0.62	0.69	0.75	-0.18	-0.45	0.74	0.62	-0.32	0.76	0.52	0.43
Total Current Liabilities	0.91	0.07	0.47		0.9	0.9	0.6	-0.75	0.88	0.76	0.8	0.91	0.14	0.87	0.74	0.58	0.57	0.75	0.67	-0.78	0.77	0.9	0.35	0.31	0.9	0.89
Total Stockholder Equity	1.0	0.04	0.47	0.9		0.99	0.65	-0.9	0.99	0.86	0.95	1.0	0.41	0.95	0.81	0.58	0.73	0.83	0.72	-0.82	0.82	0.98	0.13	0.5	0.98	0.99
Property Plant And Equipment Net	0.99	0.14	0.46	0.9	0.99		0.65	-0.86	0.99	0.85	0.94	1.0	0.41	0.95	0.79	0.51	0.76	0.82	0.7	-0.83	0.83	0.97	0.12	0.51	0.96	1.0
Current Deferred Revenue	0.63	0.12	-0.16	0.6	0.65	0.65		-0.55	0.68	0.41	0.55	0.67	0.27	0.42	0.33	0.25	0.26	0.4	0.71	-0.58	0.35	0.52	0.42	0.13	0.58	0.65
Net Debt	-0.88	0.32	-0.43	-0.75	-0.9	-0.86	-0.55		-0.89	-0.79	-0.87	-0.88	-0.39	-0.85	-0.73	-0.71	-0.54	-0.74	-0.63	0.72	-0.64	-0.87	-0.08	-0.43	-0.91	-0.86
Retained Earnings	0.99	0.09	0.42	0.88	0.99	0.99	0.68	-0.89		0.84	0.96	0.99	0.46	0.93	0.78	0.52	0.73	0.81	0.72	-0.85	0.8	0.96	0.14	0.51	0.95	0.99
Accounts Payable	0.87	-0.05	0.5	0.76	0.86	0.85	0.41	-0.79	0.84		0.83	0.86	0.35	0.87	0.89	0.59	0.77	0.87	0.59	-0.6	0.87	0.88	-0.05	0.48	0.88	0.85
Cash	0.95	0.04	0.47	0.8	0.95	0.94	0.55	-0.87	0.96	0.83		0.95	0.58	0.93	0.77	0.46	0.76	0.8	0.66	-0.86	0.79	0.94	0.03	0.58	0.9	0.94
Non Current Assets Total	1.0	0.1	0.45	0.91	1.0	1.0	0.67	-0.88	0.99	0.86	0.95		0.41	0.94	0.8	0.55	0.74	0.82	0.72	-0.83	0.82	0.98	0.15	0.49	0.97	1.0
Non Currrent Assets Other	0.41	0.22	0.38	0.14	0.41	0.41	0.27	-0.39	0.46	0.35	0.58	0.41		0.42	0.49	0.09	0.64	0.55	0.01	-0.48	0.49	0.43	-0.32	0.86	0.3	0.4
Cash And Short Term Investments	0.96	0.03	0.68	0.87	0.95	0.95	0.42	-0.85	0.93	0.87	0.93	0.94	0.42		0.87	0.6	0.81	0.87	0.54	-0.81	0.88	0.99	-0.04	0.61	0.95	0.94
Net Receivables	0.82	0.04	0.78	0.74	0.81	0.79	0.33	-0.73	0.78	0.89	0.77	0.8	0.49	0.87		0.71	0.87	0.98	0.28	-0.64	0.96	0.87	-0.14	0.72	0.82	0.78
Common Stock Shares Outstanding	0.57	-0.51	0.62	0.58	0.58	0.51	0.25	-0.71	0.52	0.59	0.46	0.55	0.09	0.6	0.71		0.37	0.64	0.22	-0.33	0.52	0.62	-0.07	0.37	0.68	0.5
Non Current Liabilities Total	0.76	0.37	0.69	0.57	0.73	0.76	0.26	-0.54	0.73	0.77	0.76	0.74	0.64	0.81	0.87	0.37		0.88	0.22	-0.64	0.93	0.8	-0.29	0.8	0.69	0.75
Inventory	0.84	0.1	0.75	0.75	0.83	0.82	0.4	-0.74	0.81	0.87	0.8	0.82	0.55	0.87	0.98	0.64	0.88		0.29	-0.73	0.97	0.88	-0.13	0.75	0.82	0.8
Other Current Assets	0.69	-0.09	-0.18	0.67	0.72	0.7	0.71	-0.63	0.72	0.59	0.66	0.72	0.01	0.54	0.28	0.22	0.22	0.29		-0.49	0.32	0.6	0.5	-0.11	0.7	0.73
Other Stockholder Equity	-0.83	-0.16	-0.45	-0.78	-0.82	-0.83	-0.58	0.72	-0.85	-0.6	-0.86	-0.83	-0.48	-0.81	-0.64	-0.33	-0.64	-0.73	-0.49		-0.72	-0.82	-0.2	-0.49	-0.75	-0.82
Total Liab	0.84	0.25	0.74	0.77	0.82	0.83	0.35	-0.64	0.8	0.87	0.79	0.82	0.49	0.88	0.96	0.52	0.93	0.97	0.32	-0.72		0.88	-0.1	0.71	0.8	0.81
Total Current Assets	0.99	0.05	0.62	0.9	0.98	0.97	0.52	-0.87	0.96	0.88	0.94	0.98	0.43	0.99	0.87	0.62	0.8	0.88	0.6	-0.82	0.88		0.04	0.58	0.97	0.97
Short Term Debt	0.12	0.01	-0.32	0.35	0.13	0.12	0.42	-0.08	0.14	-0.05	0.03	0.15	-0.32	-0.04	-0.14	-0.07	-0.29	-0.13	0.5	-0.2	-0.1	0.04		-0.46	0.13	0.15
Other Assets	0.52	0.24	0.76	0.31	0.5	0.51	0.13	-0.43	0.51	0.48	0.58	0.49	0.86	0.61	0.72	0.37	0.8	0.75	-0.11	-0.49	0.71	0.58	-0.46		0.46	0.48
Common Stock	0.98	-0.07	0.52	0.9	0.98	0.96	0.58	-0.91	0.95	0.88	0.9	0.97	0.3	0.95	0.82	0.68	0.69	0.82	0.7	-0.75	0.8	0.97	0.13	0.46		0.96
Good Will	0.99	0.13	0.43	0.89	0.99	1.0	0.65	-0.86	0.99	0.85	0.94	1.0	0.4	0.94	0.78	0.5	0.75	0.8	0.73	-0.82	0.81	0.97	0.15	0.48	0.96

Click cells to compare fundamentals

West Fraser Account Relationship Matchups

West Fraser fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	4.2B	10.4B	10.0B	9.4B	9.9B
Short Long Term Debt Total	954.3M	644.8M	510M	536M	538M	567.2M
Other Current Liab	161.5M	304.3M	733M	422M	63M	59.9M
Total Current Liabilities	640.8M	527.8M	1.2B	792M	1.1B	1.1B
Total Stockholder Equity	1.9B	2.5B	7.7B	7.6B	7.2B	7.6B
Property Plant And Equipment Net	1.6B	1.7B	4.1B	4.0B	3.8B	4.0B
Current Deferred Revenue	149.3M	3M	51M	257M	295.6M	310.3M
Net Debt	784.0M	507.4M	(337M)	(626M)	(362M)	(343.9M)
Retained Earnings	1.4B	2.0B	4.5B	5.3B	4.9B	5.2B
Accounts Payable	183.0M	215.7M	411M	359M	417M	246.5M
Cash	16M	587M	847M	1.2B	900M	945M
Non Current Assets Total	2.7B	2.8B	7.2B	7.2B	7.0B	7.4B
Non Currrent Assets Other	81.1M	212.5M	31M	512.8M	36M	34.2M
Cash And Short Term Investments	12.2M	460.3M	1.6B	1.2B	900M	945M
Net Receivables	300.9M	284.7M	550M	495M	404M	265.1M
Common Stock Shares Outstanding	69.2M	68.7M	109.0M	94.2M	83.2M	85.0M
Liabilities And Stockholders Equity	3.6B	4.2B	10.4B	10.0B	9.4B	9.9B
Non Current Liabilities Total	1.0B	1.2B	1.6B	1.6B	1.1B	875.7M
Inventory	558.1M	576.4M	1.1B	1.0B	851M	511.7M
Other Current Assets	6.9M	12.5M	38M	60M	222M	233.1M
Other Stockholder Equity	132M	(240M)	(314.9M)	(449.5M)	(404.6M)	(384.3M)
Total Liab	1.7B	1.7B	2.8B	2.4B	2.2B	1.4B
Total Current Assets	878.1M	1.3B	3.2B	2.7B	2.4B	2.5B
Short Term Debt	44.8M	296.3M	7.8M	11M	313M	328.7M
Accumulated Other Comprehensive Income	101.1M	82.3M	(249M)	(332M)	(297M)	(282.2M)
Common Stock	369.8M	379.6M	3.4B	2.7B	2.6B	2.7B
Good Will	551.2M	557.6M	2.0B	1.9B	1.9B	2.0B
Intangible Assets	417.2M	403.9M	833M	765M	735M	588.2M
Short Term Investments	(42.5M)	(3.8M)	27M	721M	829.2M	870.6M
Long Term Debt	692M	650M	637M	499M	199M	189.1M
Long Term Debt Total	658M	637M	499M	525M	603.8M	616.4M
Property Plant Equipment	2.1B	1.7B	4.1B	4.0B	4.6B	2.6B
Other Liab	693M	662M	1.1B	1.0B	1.2B	803.5M
Net Tangible Assets	1.2B	1.5B	4.8B	4.9B	5.6B	5.9B
Cash And Equivalents	12.4M	461M	721M	456M	524.4M	316.3M
Net Invested Capital	3.5B	3.8B	8.2B	8.1B	7.7B	6.0B
Non Current Liabilities Other	27M	30M	38M	18M	23M	28.1M
Net Working Capital	310M	1.0B	2.0B	2.0B	1.3B	1.3B

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

0.67	AG	First Majestic Silver	Pair Corr
0.66	IE	Ivanhoe Energy	Pair Corr
0.76	FDY	Faraday Copper Corp	Pair Corr

Moving against West Stock

0.42

INFM

Infinico Metals Corp

Pair Corr

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 Correlation Correlation 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:

How To Invest In West

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Is West Stock a good investment?

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What is West Fraser's Net Worth?

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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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.

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West Free Cash Flow Yield vs Dividend Yield Analysis

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Dividend Yield

West Fraser fundamental ratios Correlations

West Fraser Account Relationship Matchups

High Positive Relationship

High Negative Relationship

West Fraser fundamental ratios Accounts

Pair Trading with West Fraser

Moving together with West Stock

Moving against West Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Non Current Assets Total

Common Stock	- 0.91	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Retained Earnings	- 0.89	Net Debt
Non Current Assets Total	- 0.88	Net Debt
Net Debt	- 0.88	Total Assets
Total Current Assets	- 0.87	Net Debt