Canfor Historical Financial Ratios

CFP Stock  CAD 14.96  0.28  1.91%   
Canfor is presently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0566, PTB Ratio of 0.97 or Days Sales Outstanding of 34.95 will help investors to properly organize and evaluate Canfor financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canfor. 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.

About Canfor Financial Ratios Analysis

CanforFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canfor investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canfor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canfor history.

Canfor Financial Ratios Chart

At this time, Canfor's EV To Sales is very stable compared to the past year. As of the 5th of February 2025, Payables Turnover is likely to grow to 7.56, while Days Sales Outstanding is likely to drop 34.95.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Canfor stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canfor sales, a figure that is much harder to manipulate than other Canfor multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Canfor dividend as a percentage of Canfor stock price. Canfor dividend yield is a measure of Canfor stock productivity, which can be interpreted as interest rate earned on an Canfor 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most ratios from Canfor's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canfor current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canfor. 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, Canfor's EV To Sales is very stable compared to the past year. As of the 5th of February 2025, Payables Turnover is likely to grow to 7.56, while Days Sales Outstanding is likely to drop 34.95.
 2024 2025 (projected)
Dividend Yield0.05390.0566
Price To Sales Ratio0.360.43

Canfor fundamentals Correlations

-0.190.95-0.43-0.650.09-0.160.070.950.910.050.220.010.03-0.010.37-0.12-0.460.210.050.27-0.390.19-0.240.210.24
-0.19-0.02-0.620.170.090.15-0.57-0.02-0.380.120.110.270.11-0.310.53-0.240.08-0.010.26-0.960.02-0.09-0.72-0.040.08
0.95-0.02-0.59-0.740.17-0.14-0.151.00.870.110.270.10.06-0.130.53-0.33-0.550.150.10.13-0.50.3-0.420.190.27
-0.43-0.62-0.590.37-0.43-0.230.39-0.59-0.17-0.36-0.57-0.3-0.40.32-0.710.440.180.25-0.530.460.6-0.110.78-0.14-0.51
-0.650.17-0.740.37-0.030.370.1-0.74-0.710.07-0.04-0.480.180.47-0.580.160.87-0.090.18-0.290.46-0.230.42-0.480.03
0.090.090.17-0.43-0.030.89-0.430.17-0.120.970.92-0.210.910.29-0.08-0.690.36-0.810.850.05-0.860.060.05-0.030.91
-0.160.15-0.14-0.230.370.89-0.28-0.14-0.390.950.86-0.380.950.48-0.31-0.480.72-0.750.91-0.07-0.57-0.060.22-0.130.85
0.07-0.57-0.150.390.1-0.43-0.28-0.150.12-0.39-0.240.03-0.190.03-0.20.810.10.19-0.210.490.33-0.010.310.35-0.24
0.95-0.021.0-0.59-0.740.17-0.14-0.150.870.110.270.10.06-0.130.53-0.33-0.550.150.10.13-0.50.3-0.420.190.27
0.91-0.380.87-0.17-0.71-0.12-0.390.120.87-0.16-0.04-0.01-0.22-0.040.27-0.1-0.620.34-0.240.42-0.220.2-0.090.2-0.02
0.050.120.11-0.360.070.970.95-0.390.11-0.160.92-0.270.950.37-0.15-0.620.47-0.750.90.01-0.760.010.11-0.020.9
0.220.110.27-0.57-0.040.920.86-0.240.27-0.040.92-0.240.950.32-0.02-0.560.38-0.730.930.03-0.830.09-0.020.00.97
0.010.270.1-0.3-0.48-0.21-0.380.030.1-0.01-0.27-0.24-0.32-0.970.680.27-0.540.03-0.26-0.19-0.010.08-0.630.71-0.3
0.030.110.06-0.40.180.910.95-0.190.06-0.220.950.95-0.320.42-0.16-0.460.6-0.730.970.01-0.720.010.10.00.93
-0.01-0.31-0.130.320.470.290.480.03-0.13-0.040.370.32-0.970.42-0.7-0.190.6-0.10.350.23-0.05-0.110.66-0.610.38
0.370.530.53-0.71-0.58-0.08-0.31-0.20.530.27-0.15-0.020.68-0.16-0.7-0.07-0.540.20.01-0.42-0.220.3-0.960.42-0.11
-0.12-0.24-0.330.440.16-0.69-0.480.81-0.33-0.1-0.62-0.560.27-0.46-0.19-0.07-0.010.44-0.450.120.64-0.20.10.4-0.55
-0.460.08-0.550.180.870.360.720.1-0.55-0.620.470.38-0.540.60.6-0.54-0.01-0.340.58-0.130.07-0.180.42-0.330.41
0.21-0.010.150.25-0.09-0.81-0.750.190.150.34-0.75-0.730.03-0.73-0.10.20.44-0.34-0.68-0.090.71-0.04-0.140.01-0.69
0.050.260.1-0.530.180.850.91-0.210.1-0.240.90.93-0.260.970.350.01-0.450.58-0.68-0.14-0.690.03-0.09-0.020.87
0.27-0.960.130.46-0.290.05-0.070.490.130.420.010.03-0.190.010.23-0.420.12-0.13-0.09-0.14-0.20.130.60.120.03
-0.390.02-0.50.60.46-0.86-0.570.33-0.5-0.22-0.76-0.83-0.01-0.72-0.05-0.220.640.070.71-0.69-0.2-0.230.19-0.13-0.77
0.19-0.090.3-0.11-0.230.06-0.06-0.010.30.20.010.090.080.01-0.110.3-0.2-0.18-0.040.030.13-0.23-0.180.00.05
-0.24-0.72-0.420.780.420.050.220.31-0.42-0.090.11-0.02-0.630.10.66-0.960.10.42-0.14-0.090.60.19-0.18-0.310.07
0.21-0.040.19-0.14-0.48-0.03-0.130.350.190.2-0.020.00.710.0-0.610.420.4-0.330.01-0.020.12-0.130.0-0.31-0.05
0.240.080.27-0.510.030.910.85-0.240.27-0.020.90.97-0.30.930.38-0.11-0.550.41-0.690.870.03-0.770.050.07-0.05
Click cells to compare fundamentals

Canfor Account Relationship Matchups

Canfor fundamentals Accounts

202020212022202320242025 (projected)
Price To Sales Ratio0.530.520.350.40.360.43
Ptb Ratio1.31.150.620.560.510.97
Days Sales Outstanding28.9624.4423.4734.4939.6734.95
Book Value Per Share21.0332.138.6635.632.0433.64
Free Cash Flow Yield0.30.370.19(0.2)(0.18)(0.17)
Operating Cash Flow Per Share8.5715.339.031.291.161.1
Capex To Depreciation0.531.141.571.41.611.43
Pb Ratio1.31.150.620.560.510.97
Ev To Sales0.590.390.240.350.410.78
Free Cash Flow Per Share6.9611.93.96(3.6)(3.24)(3.08)
Roic(0.0486)0.130.29(0.0699)(0.0629)(0.0597)
Inventory Turnover4.083.564.064.544.093.76
Net Income Per Share4.3510.746.39(2.71)(2.44)(2.32)
Days Of Inventory On Hand89.48102.6689.8880.3492.3988.75
Payables Turnover7.07.459.128.367.537.56
Capex To Revenue0.03690.05570.08420.110.120.0738
Cash Per Share3.3510.8510.35.224.74.93
Pocfratio2.682.092.3613.8612.4813.1
Interest Coverage14.0963.3939.34(13.6)(12.24)(11.62)
Capex To Operating Cash Flow0.190.220.563.793.413.59
Pfcf Ratio3.32.695.38(4.96)(5.71)(5.42)
Days Payables Outstanding52.1848.9640.0243.6550.250.36
Income Quality1.921.311.29(0.47)(0.43)(0.41)
Roe0.250.390.19(0.0854)(0.0769)(0.073)
Ev To Operating Cash Flow3.011.561.5712.3911.1511.71
Pe Ratio5.292.983.33(6.58)(5.92)(5.62)
Ev To Free Cash Flow3.712.013.59(4.43)(5.1)(4.84)
Earnings Yield0.190.340.3(0.15)(0.14)(0.13)
Net Debt To E B I T D A0.31(0.44)(0.57)6.637.638.01
Current Ratio1.462.112.923.472.492.24
Tangible Book Value Per Share13.2525.4731.4428.3925.5526.83
Receivables Turnover12.6114.9415.5510.589.5210.37
Graham Number41.5382.170.1944.0539.6541.63
Shareholders Equity Per Share17.6327.8934.2731.7828.630.03

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

  0.79IE Ivanhoe EnergyPairCorr
  0.76FDY Faraday Copper CorpPairCorr

Moving against Canfor Stock

  0.83STC Sangoma Technologies Corp Earnings Call TomorrowPairCorr
  0.74FDR Flinders ResourcesPairCorr
  0.72PPL-PA Pembina Pipeline CorpPairCorr
  0.7TD-PFD Toronto Dominion BankPairCorr
  0.68AMZN Amazon CDRPairCorr
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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Canfor Stock

CanforFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canfor investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canfor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canfor history.