Western Forest Products Stock Today

WEF Stock  CAD 0.45  0.02  4.26%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Western Forest is selling at 0.45 as of the 27th of November 2024; that is 4.26 percent decrease since the beginning of the trading day. The stock's open price was 0.47. Western Forest has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Western Forest Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Western Forest Products Inc. operates as an integrated forest products company. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. WESTERN FOREST operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. The company has 316.75 M outstanding shares of which 1.74 M shares are at this time shorted by private and institutional investors with about 3.19 days to cover all short positions. More on Western Forest Products

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Western Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Forest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Forest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentSteven Hofer
Business ConcentrationPaper & Forest Products, Lumber & Wood Production, Basic Materials, Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors)
Western Forest's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Western Forest's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Western Forest can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Forest's financial leverage. It provides some insight into what part of Western Forest's total assets is financed by creditors.
Liquidity
Western Forest cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Western Forest Products has accumulated 104.6 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Western Forest Products has a current ratio of 2.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Western Forest until it has trouble settling it off, either with new capital or with free cash flow. So, Western Forest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Forest Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Forest's use of debt, we should always consider it together with cash and equity.

Depreciation

39.08 Million
Western Forest Products (WEF) is traded on Toronto Exchange in Canada and employs 22 people. Western Forest is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 148.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Forest's market, we take the total number of its shares issued and multiply it by Western Forest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Forest Products operates under Paper & Forest Products sector and is part of Materials industry. The entity has 316.75 M outstanding shares of which 1.74 M shares are at this time shorted by private and institutional investors with about 3.19 days to cover all short positions. Western Forest Products has accumulated about 15.8 M in cash with (33.8 M) of positive cash flow from operations.
Check Western Forest Probability Of Bankruptcy
Ownership Allocation
Western Forest Products retains a total of 316.75 Million outstanding shares. 30% of Western Forest outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Western Ownership Details

Western Forest Products Risk Profiles

Although Western Forest's alpha and beta are two of the key measurements used to evaluate Western Forest's performance over the market, the standard measures of volatility play an important role as well.

Western Stock Against Markets

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Western Forest Corporate Directors

James ArthursIndependent DirectorProfile
Jane BirdIndependent DirectorProfile
Cheri PhyferIndependent DirectorProfile
Daniel NOCENTEIndependent DirectorProfile

Other Information on Investing in Western Stock

Western Forest financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Forest security.