Canfor Pulp Products: Top 10 Undervalued Forest Products Industry Stocks (CFX)
Canfor Pulp Products is now ranked among the top 10 undervalued stocks in the Forest Products industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Forest Products: Companies that grow timber, mill lumber, and manufacture wood and wood products for construction.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CFF | Conifex Timber | 0.57 | 1.50 | 0.93 (163.2%) | 37209 | 22.9 | 0.0 | 0.0 |
| CFX | Canfor Pulp Products | 1.45 | 2.23 | 0.78 (53.5%) | 21812 | 94.6 | 0.0 | 0.0 |
| CFP | Canfor | 15.89 | 21.48 | 5.59 (35.2%) | 212213 | 1905.3 | 0.0 | 0.0 |
| IFP | Interfor | 20.89 | 28.20 | 7.31 (35.0%) | 177519 | 1074.7 | 0.0 | 0.0 |
| WBE | WestBond Enterprises | 0.13 | 0.15 | 0.02 (17.9%) | 17947 | 4.6 | 3.9 | 0.0 |
| WEF | Western Forest Products | 0.67 | 0.78 | 0.11 (16.1%) | 351485 | 212.2 | 7.5 | 0.0 |
| KLX | Klimat X Developments | 0.10 | 0.12 | 0.01 (13.0%) | 47884 | 9.2 | 0.0 | 0.0 |
| GFP | GreenFirst Forest Prods | 0.92 | 0.99 | 0.07 (7.6%) | 13869 | 174.8 | 0.0 | 0.0 |
| GDL | Goodfellow | 14.04 | 15.05 | 1.01 (7.2%) | 2977 | 119.8 | 7.0 | 7.1 |
| ADN | Acadian Timber | 17.00 | 17.38 | 0.38 (2.2%) | 5834 | 290.6 | 6.8 | 7.2 |
All data provided as of December 17, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Canfor Pulp Products
Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper.
Canfor Pulp Products is listed under CFX on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
