Western Forest Products Inc
TSX:WEF

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Western Forest Products Inc
TSX:WEF
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Price: 0.395 CAD -1.25% Market Closed
Market Cap: 125.1m CAD

Relative Value

The Relative Value of one WEF stock under the Base Case scenario is 0.908 CAD. Compared to the current market price of 0.395 CAD, Western Forest Products Inc is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WEF Relative Value
Base Case
0.908 CAD
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
94
Median 3Y
0.2
Median 5Y
0.3
Industry
0.8
Forward
0.1
vs History
vs Industry
59
Median 3Y
-3.1
Median 5Y
-2.8
Industry
14
Forward
-4.5
vs History
42
vs Industry
33
Median 3Y
-4.8
Median 5Y
2.8
Industry
7.9
vs History
vs Industry
Median 3Y
-5.6
Median 5Y
-4.5
Industry
15.9
vs History
96
vs Industry
83
Median 3Y
0.4
Median 5Y
0.6
Industry
0.9
vs History
96
vs Industry
88
Median 3Y
0.3
Median 5Y
0.3
Industry
1.1
Forward
0.1
vs History
63
vs Industry
73
Median 3Y
2.2
Median 5Y
2.5
Industry
4.7
vs History
12
vs Industry
12
Median 3Y
1.6
Median 5Y
1.8
Industry
9
Forward
7.6
vs History
vs Industry
59
Median 3Y
-3.6
Median 5Y
-3.1
Industry
15.4
Forward
-105
vs History
34
vs Industry
30
Median 3Y
-8
Median 5Y
2.4
Industry
9.8
vs History
7
vs Industry
Median 3Y
-4.2
Median 5Y
-3.4
Industry
13.8
vs History
96
vs Industry
81
Median 3Y
0.4
Median 5Y
0.5
Industry
0.8

Multiples Across Competitors

WEF Competitors Multiples
Western Forest Products Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Western Forest Products Inc
TSX:WEF
125.1m CAD 0.1 -14.4 9.4 -4.3
SE
Svenska Cellulosa SCA AB
STO:SCA B
86.9B SEK 4.3 24.4 17.8 29
US
Louisiana-Pacific Corp
NYSE:LPX
6.1B USD 2.1 15 9.5 11.8
CA
West Fraser Timber Co Ltd
TSX:WFG
8B CAD 1 2 932 8.3 48.2
CA
Stella-Jones Inc
TSX:SJ
4.2B CAD 1.2 12.5 9.3 11.8
IN
Century Plyboards (India) Ltd
NSE:CENTURYPLY
166.7B INR 3.7 89.5 35.2 49
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
11.3B CNY 2.8 -17.9 -26.8 -26.8
CA
Canfor Corp
TSX:CFP
1.7B CAD 0.3 -2.6 -4.8 -2.5
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
8.2B CNY 0.9 13.7 8.8 8.8
ZA
York Timber Holdings Ltd
JSE:YRK
879.8m Zac 0 0 0 0
BR
Dexco SA
BOVESPA:DXCO3
4.6B BRL 0.6 17.8 5.5 23.1
P/E Multiple
Earnings Growth PEG
CA
Western Forest Products Inc
TSX:WEF
Average P/E: 443.6
Negative Multiple: -14.4
N/A N/A
SE
Svenska Cellulosa SCA AB
STO:SCA B
24.4
12%
2
US
Louisiana-Pacific Corp
NYSE:LPX
15
2%
7.5
CA
West Fraser Timber Co Ltd
TSX:WFG
2 932
N/A N/A
CA
Stella-Jones Inc
TSX:SJ
12.5
6%
2.1
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
89.5
54%
1.7
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -17.9 N/A N/A
CA
Canfor Corp
TSX:CFP
Negative Multiple: -2.6 N/A N/A
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
13.7
N/A N/A
ZA
Y
York Timber Holdings Ltd
JSE:YRK
Not Available N/A N/A
BR
Dexco SA
BOVESPA:DXCO3
17.8
31%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Western Forest Products Inc
TSX:WEF
Average EV/EBIT: 26
Negative Multiple: -4.3
N/A N/A
SE
Svenska Cellulosa SCA AB
STO:SCA B
29
25%
1.2
US
Louisiana-Pacific Corp
NYSE:LPX
11.8
0%
N/A
CA
West Fraser Timber Co Ltd
TSX:WFG
48.2
97%
0.5
CA
Stella-Jones Inc
TSX:SJ
11.8
N/A N/A
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
49
39%
1.3
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -26.8 N/A N/A
CA
Canfor Corp
TSX:CFP
Negative Multiple: -2.5 N/A N/A
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
8.8
15%
0.6
ZA
Y
York Timber Holdings Ltd
JSE:YRK
Not Available N/A N/A
BR
Dexco SA
BOVESPA:DXCO3
23.1
37%
0.6