CANFOR CORP chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 61.57
Dividend & YieldN/AC$ (N/A)
Beta N/A
Market capitalization 2.58B
Operating cash flow 1.26B
ESG Scores unknown

Company description

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Lumber & Wood Production

Financial Ratios
Quick Ratio1.84
Working Capital0.64
Return On Equity0.39
Debt To Equity0.07
Fixed Asset Ratio0.07
Fixed Interest Cover89.37

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 29.2M -96.5M 155.5M 100.4M
Total Cashflows From Investing Activities -393.4M -944.6M -246.9M -468.4M
Net Borrowings -400k 627.6M -403.7M -440.1M
Total Cash From Financing Activities -186.8M 549.9M -463M -504.1M
Change To Operating Activities -11M 1.3M -5.1M -24.1M
Issuance Of Stock
Net Income 354.9M -263M 544.4M 1.34B
Change In Cash -35.5M -192.6M 359.1M 935.6M
Effect Of Exchange Rate 8.6M 1.4M -4.6M -6.8M
Total Cash From Operating Activities 536.1M 200.7M 1.07B 1.91B
Depreciation 270.5M 362.2M 380.9M 376.8M
Change To Account Receivables 25.5M 65.3M -93.6M -103.3M
Other Cashflows From Financing Activities -97.9M -77.7M -59.3M -44.8M
Change To Netincome -6.5M -12.9M 114.7M 579.8M
Capital Expenditures -401.4M -302.8M -201.5M -428.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 588.8M -364.9M 720.1M 1.9B
Net Income 354.9M -263M 544.4M 1.34B
Selling General Administrative 760M 775.6M 779.7M 853.8M
Gross Profit 1.8B 1.04B 1.92B 3.51B
Ebit 600.3M -276.8M 736.2M 2.18B
Operating Income 600.3M -276.8M 736.2M 2.18B
Interest Expense -25M -51.8M -45.5M -24.4M
Income Tax Expense 149.8M -95.2M 160.2M 438M
Total Revenue 5.04B 4.66B 5.45B 7.68B
Cost Of Revenue 3.24B 3.62B 3.54B 4.17B
Total Other Income ExpenseNet -11.5M -88.1M -16.1M -283.8M
Net Income From Continuing Ops 439M -269.7M 559.9M 1.46B
Net Income Applicable To Common Shares 354.9M -263M 544.4M 1.34B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.51B 2.46B 2.48B 2.16B
Total Stockholder Equity 2.06B 1.65B 2.21B 3.48B
Other Current Liabilities 52.9M 80.4M 130.4M 310.3M
Total Assets 3.85B 4.53B 5.11B 6.17B
Common Stock 987.9M 987.9M 987.9M 982.2M
Other Current Assets 69M
Retained Earnings 931.1M 674.3M 1.23B 2.59B
Treasury Stock 105.5M -16.9M -7.7M -85M
Cash 252.7M 60.1M 419.2M 1.35B
Total Current Liabilities 512.2M 967.5M 848.4M 1.08B
Other Stockholder Equity 105.5M -16.9M -7.7M -85M
Property, Plant, and Equipment 1.61B 2.04B 2.06B 1.88B
Total Current Assets 1.35B 1.41B 1.79B 3.16B
Net Tangible Assets 1.28B 752.3M 1.23B 2.66B
Net Receivables 267M 413.5M 432.7M 514.5M
Accounts Payable 328.8M 364.2M 505.9M 559.8M


Insider Transactions

Here are the insider transactions of stock shares related to CANFOR CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Canfor CorpRedemption, retraction, cancelation, repurchase at price 17.54 per share.D2022-06-28Issuer50.8k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 17.64 per share.D2022-06-24Issuer50.3k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 17.14 per share.D2022-06-23Issuer51.5k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 17.62 per share.D2022-06-22Issuer50.3k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 17.33 per share.D2022-06-16Issuer51.1k
Horsnell (Kevin Paul)Acquisition or disposition in the public market at price 18.55 per share.I2022-06-15Senior Officer of Issuer310
Horsnell (Kevin Paul)Acquisition or disposition in the public market at price 18.53 per share.I2022-06-15Senior Officer of Issuer65
Canfor CorpRedemption, retraction, cancelation, repurchase at price 18.16 per share.D2022-06-14Issuer48.5k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 19.45 per share.D2022-06-10Issuer46.1k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 20.77 per share.D2022-06-08Issuer34.4k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 21.15 per share.D2022-06-07Issuer33.7k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 20.59 per share.D2022-05-27Issuer34.2k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 20.36 per share.D2022-05-26Issuer34.5k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 19.68 per share.D2022-05-25Issuer37.9k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 18.75 per share.D2022-05-24Issuer47.8k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 18.80 per share.D2022-05-20Issuer47.5k
Canfor CorpRedemption, retraction, cancelation, repurchase at price 18.65 per share.D2022-05-13Issuer47.6k
Horsnell (Kevin Paul)Acquisition or disposition in the public market at price 19.03 per share.I2022-04-18Senior Officer of Issuer1.1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CANFOR CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CANFOR CORP

Here is the result of two systematic investment strategies applied to CANFOR CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CANFOR CORP

The following chart shows the equity curve of the two systematic investment strategies applied to CANFOR CORP:

CANFOR CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 50.74% on the backtest period.

Performance at glance

Performance

50.74 %

Latent gain

763.82 C$

Invested capital

1505.34 C$

Annualized return

12.26 %
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Momentum strategy results on CANFOR CORP

This is the result of two momentum investment strategies applied to CANFOR CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CANFOR CORP

The following chart shows all the entries opened by the momentum investment system on CANFOR CORP:

CANFOR CORP momentum entries
  • The first momentum investment strategy would give 50.52% of return on CANFOR CORP. That represents 1887.85C$ of latent gain with 3736.77C$ of employed capital.
  • The second momentum investment strategy would give 48.95% of return on CANFOR CORP. That represents 1737.33C$ of latent gain with 3549.33C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

50.52 %

Latent gain

1887.85 C$

Invested capital

3736.77 C$

Annualized return

-3.38 %
Performance at glance (2Q Momentum)

Performance

48.95 %

Latent gain

1737.33 C$

Invested capital

3549.33 C$

Annualized return

13.37 %

Momentum equity curve on CANFOR CORP

The following chart shows the equity curve of the two momentum strategies applied to CANFOR CORP:

CANFOR CORP momentum equity

Note: the dividends potentially given by CANFOR CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANFOR CORP

The following chart shows the employed capital evolution of the two momentum strategies on CANFOR CORP since the beginning:

CANFOR CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CANFOR CORP

Buy the dip entry openings on CANFOR CORP

CANFOR CORP

The performance achieved by the robo-advisor on CANFOR CORP is -7.23%. That represents -127.97$ of latent gain with 1769.49C$ of employed capital. The following chart shows CANFOR CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CANFOR CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-7.23 %

Latent gain

-127.97 C$

Invested capital

1769.49 C$

Annualized return

-3.38 %

Equity curve of the strategy applied to CANFOR CORP

The following chart shows the result of the investment strategy applied to CANFOR CORP:

CANFOR CORP

Note: the dividends potentially given by CANFOR CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANFOR CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on CANFOR CORP:

CANFOR CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CANFOR CORP

In this section, I will compare the three previous investment strategies applied to CANFOR CORP.

Equity curve comparison on CANFOR CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CANFOR CORP investment strategy comparison

Employed capital comparison on CANFOR CORP

CANFOR CORP investment comparison

Performance comparison on CANFOR CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 50.74% 763.82C$ 1505.34C$ 12.26%
Momentum 1 quarter 50.52% 1887.85C$ 3736.77C$ 12.95%
Momentum 2 quarters 48.95% 1737.33C$ 3549.33C$ 13.37%
Non-directional -7.23% -127.97C$ 1769.49C$ -3.38%
Annualized return comparison

Automatic investment

12.26 %

Momentum 1Q

13.37 %

Momentum 2Q

13.37 %

Non-directional

-3.38 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CANFOR CORP:

Note: The algorithm computes the probability of correlation between CANFOR CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of CANFOR CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CANFOR CORP
Country Canada
City Vancouver
Address 100-1700 West 75th Avenue
Phone 604-661-5241
Website www.canfor.com
FullTime employees 7391
Industry Lumber & Wood Production
Sector Basic Materials
Exchange XTSE
Ticker CFP.XTSE
Market

CANFOR CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown