Western Forest Products Inc
TSX:WEF

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Western Forest Products Inc
TSX:WEF
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Price: 11.08 CAD -0.18%
Market Cap: 117m CAD

Relative Value

The Relative Value of one WEF stock under the Base Case scenario is 26.51 CAD. Compared to the current market price of 11.08 CAD, Western Forest Products Inc is Undervalued by 58%.

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
26.51 CAD
Undervaluation 58%
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
-3.4
Median 5Y
-2.9
Industry
16.3
Forward
-1.3
vs History
36
vs Industry
33
Median 3Y
-4.8
Median 5Y
2.7
Industry
8.5
vs History
vs Industry
Median 3Y
-5.5
Median 5Y
-4.4
Industry
15.3
vs History
96
vs Industry
83
Median 3Y
0.3
Median 5Y
0.5
Industry
1
vs History
96
vs Industry
88
Median 3Y
0.3
Median 5Y
0.3
Industry
1.2
Forward
0.2
vs History
58
vs Industry
73
Median 3Y
2.2
Median 5Y
1.7
Industry
5.4
vs History
17
vs Industry
12
Median 3Y
1.8
Median 5Y
1.9
Industry
10.1
Forward
-3.2
vs History
vs Industry
59
Median 3Y
-3.7
Median 5Y
-3.1
Industry
17
Forward
-1.5
vs History
31
vs Industry
30
Median 3Y
-8
Median 5Y
2.4
Industry
11.5
vs History
vs Industry
Median 3Y
-5.7
Median 5Y
-3.7
Industry
13.9
vs History
96
vs Industry
81
Median 3Y
0.3
Median 5Y
0.4
Industry
0.8

Multiples Across Competitors

WEF Competitors Multiples
Western Forest Products Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Western Forest Products Inc
TSX:WEF
117m CAD 0.1 -5.4 19.3 -3.4
SE
Svenska Cellulosa SCA AB
STO:SCA B
84.5B SEK 4.1 23.8 18.5 31.1
US
Louisiana-Pacific Corp
NYSE:LPX
6.2B USD 2.2 28.4 12.9 18.3
CA
West Fraser Timber Co Ltd
TSX:WFG
6.6B CAD 0.8 -19.5 16 -18.5
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
27.4B CNY 6.6 -30.1 -47.5 -47.5
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
25.6B CNY 18.2 -236.6 -452.6 -452.6
CA
Stella-Jones Inc
TSX:SJ
4.8B CAD 1.4 14 9.8 12.6
IN
Century Plyboards (India) Ltd
NSE:CENTURYPLY
187.5B INR 3.8 80.9 33.7 46.3
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
10.9B CNY 1.2 14.8 15.1 15.1
ZA
York Timber Holdings Ltd
JSE:YRK
987.5m Zac 0 0 0 0
CA
Canfor Corp
TSX:CFP
1.3B CAD 0.2 -2.8 30.4 -6.2
P/E Multiple
Earnings Growth PEG
CA
Western Forest Products Inc
TSX:WEF
Average P/E: 32.4
Negative Multiple: -5.4
N/A N/A
SE
Svenska Cellulosa SCA AB
STO:SCA B
23.8
8%
3
US
Louisiana-Pacific Corp
NYSE:LPX
28.4
-4%
N/A
CA
West Fraser Timber Co Ltd
TSX:WFG
Negative Multiple: -19.5 N/A N/A
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -30.1 N/A N/A
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
Negative Multiple: -236.6 N/A N/A
CA
Stella-Jones Inc
TSX:SJ
14
5%
2.8
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
80.9
50%
1.6
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
14.8
19%
0.8
ZA
Y
York Timber Holdings Ltd
JSE:YRK
Not Available N/A N/A
CA
Canfor Corp
TSX:CFP
Negative Multiple: -2.8 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Western Forest Products Inc
TSX:WEF
Average EV/EBIT: 24.7
Negative Multiple: -3.4
N/A N/A
SE
Svenska Cellulosa SCA AB
STO:SCA B
31.1
23%
1.4
US
Louisiana-Pacific Corp
NYSE:LPX
18.3
-4%
N/A
CA
West Fraser Timber Co Ltd
TSX:WFG
Negative Multiple: -18.5
73%
N/A
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -47.5 N/A N/A
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
Negative Multiple: -452.6 N/A N/A
CA
Stella-Jones Inc
TSX:SJ
12.6
3%
4.2
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
46.3
32%
1.4
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
15.1
16%
0.9
ZA
Y
York Timber Holdings Ltd
JSE:YRK
Not Available N/A N/A
CA
Canfor Corp
TSX:CFP
Negative Multiple: -6.2 N/A N/A