West Fraser Timber Co Ltd
TSX:WFG

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West Fraser Timber Co Ltd
TSX:WFG
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Price: 102.41 CAD -0.86% Market Closed
Market Cap: 8.1B CAD

Relative Value

The Relative Value of one WFG stock under the Base Case scenario is 129.29 CAD. Compared to the current market price of 102.41 CAD, West Fraser Timber Co Ltd is Undervalued by 21%.

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.

WFG Relative Value
Base Case
129.29 CAD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
36
vs Industry
36
Median 3Y
1
Median 5Y
1
Industry
0.7
Forward
0.9
vs History
1
vs Industry
60
Median 3Y
2.5
Median 5Y
2.9
Industry
14.3
Forward
17.9
vs History
33
vs Industry
25
Median 3Y
9.4
Median 5Y
6
Industry
7.5
vs History
vs Industry
10
Median 3Y
6.4
Median 5Y
8.9
Industry
16.5
vs History
73
vs Industry
43
Median 3Y
0.9
Median 5Y
1
Industry
0.9
vs History
31
vs Industry
48
Median 3Y
0.9
Median 5Y
0.9
Industry
1.1
Forward
0.9
vs History
25
vs Industry
56
Median 3Y
3
Median 5Y
2.9
Industry
4.8
vs History
38
vs Industry
38
Median 3Y
8.6
Median 5Y
5.6
Industry
9.5
Forward
6.9
vs History
20
vs Industry
9
Median 3Y
5.2
Median 5Y
5.1
Industry
16.1
Forward
20.9
vs History
30
vs Industry
40
Median 3Y
8.7
Median 5Y
5.7
Industry
9.6
vs History
28
vs Industry
14
Median 3Y
33.2
Median 5Y
6.5
Industry
14.1
vs History
73
vs Industry
43
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

WFG Competitors Multiples
West Fraser Timber Co Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
West Fraser Timber Co Ltd
TSX:WFG
8.1B CAD 1 2 971 8.5 48.9
SE
Svenska Cellulosa SCA AB
STO:SCA B
88.7B SEK 4.3 24.3 18.1 29.6
US
Louisiana-Pacific Corp
NYSE:LPX
6.4B USD 2.2 15.9 10 12.5
CA
Stella-Jones Inc
TSX:SJ
4.3B CAD 1.2 12.8 9.5 12
IN
Century Plyboards (India) Ltd
NSE:CENTURYPLY
175.3B INR 3.9 94.6 36.9 51.5
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
10.7B CNY 2.6 -16.9 -25.8 -25.8
CA
Canfor Corp
TSX:CFP
1.6B CAD 0.3 -2.5 -4.7 -2.5
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
8.3B CNY 0.9 13.9 9 9
ZA
York Timber Holdings Ltd
JSE:YRK
852.8m Zac 0 0 0 0
BR
Dexco SA
BOVESPA:DXCO3
4.6B BRL 0.6 17.8 5.5 23.1
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
5.8B CNY 4.6 -51.7 -426.5 -426.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
West Fraser Timber Co Ltd
TSX:WFG
Average EV/EBITDA: 13.9
8.5
28%
0.3
SE
Svenska Cellulosa SCA AB
STO:SCA B
18.1
18%
1
US
Louisiana-Pacific Corp
NYSE:LPX
10
4%
2.5
CA
Stella-Jones Inc
TSX:SJ
9.5
3%
3.2
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
36.9
31%
1.2
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -25.8 N/A N/A
CA
Canfor Corp
TSX:CFP
Negative Multiple: -4.7 N/A N/A
CN
Dehua TB New Decoration Material Co Ltd
SZSE:002043
9
17%
0.5
ZA
Y
York Timber Holdings Ltd
JSE:YRK
Not Available N/A N/A
BR
Dexco SA
BOVESPA:DXCO3
5.5
7%
0.8
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
Negative Multiple: -426.5 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
West Fraser Timber Co Ltd
TSX:WFG
Average EV/EBIT: 26.7
48.9
97%
0.5
SE
Svenska Cellulosa SCA AB
STO:SCA B
29.6
25%
1.2
US
Louisiana-Pacific Corp
NYSE:LPX
12.5
0%
N/A
CA
Stella-Jones Inc
TSX:SJ
12
N/A N/A
IN
C
Century Plyboards (India) Ltd
NSE:CENTURYPLY
51.5
39%
1.3
CN
Chengxin Lithium Group Co Ltd
SZSE:002240
Negative Multiple: -25.8 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
9
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
CN
Zhongfu Straits Pingtan Development Co Ltd
SZSE:000592
Negative Multiple: -426.5 N/A N/A