West Fraser Price To Earning vs. Number Of Shares Shorted
| WFG Stock | USD 99.44 4.98 5.27% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.22 | 0.2741 |
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For West Fraser profitability analysis, we use financial ratios and fundamental drivers that measure the ability of West Fraser to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well West Fraser Timber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between West Fraser's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of West Fraser Timber over time as well as its relative position and ranking within its peers.
West |
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.
West Fraser Timber Number Of Shares Shorted vs. Price To Earning Fundamental Analysis
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. West Fraser Timber is rated second in price to earning category among its peers. It is rated first in number of shares shorted category among its peers making about 214,363 of Number Of Shares Shorted per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value West Fraser by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.West Number Of Shares Shorted vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
West Fraser |
| = | 3.39 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
West Fraser |
| = | 726.69 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
West Number Of Shares Shorted Comparison
West Fraser is currently under evaluation in number of shares shorted category among its peers.
West Fraser Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in West Fraser, profitability is also one of the essential criteria for including it into their portfolios because, without profit, West Fraser will eventually generate negative long term returns. The profitability progress is the general direction of West Fraser's change in net profit over the period of time. It can combine multiple indicators of West Fraser, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -297 M | -282.1 M | |
| Operating Income | -284 M | -269.8 M | |
| Income Before Tax | -228 M | -216.6 M | |
| Total Other Income Expense Net | 56 M | 58.8 M | |
| Net Loss | -167 M | -158.7 M | |
| Income Tax Expense | -62.1 M | -59 M | |
| Interest Income | 74 M | 77.7 M | |
| Net Income Applicable To Common Shares | 2.3 B | 1.1 B | |
| Net Interest Income | 51 M | 53.5 M | |
| Net Loss | -167 M | -158.7 M | |
| Change To Netincome | -370.8 M | -352.3 M | |
| Net Loss | (2.01) | (1.91) | |
| Income Quality | (3.14) | (2.99) | |
| Net Income Per E B T | 0.73 | 0.59 |
West Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on West Fraser. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of West Fraser position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the West Fraser's important profitability drivers and their relationship over time.
Use West Fraser in pair-trading
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.West Fraser Pair Trading
West Fraser Timber Pair Trading Analysis
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.Use Investing Themes to Complement your West Fraser position
In addition to having West Fraser in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cigarettes Theme or any other thematic opportunities.
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To fully project West Fraser's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of West Fraser Timber at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include West Fraser's income statement, its balance sheet, and the statement of cash flows.