GreenFirst Forest Products Inc. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.72
Dividend & YieldN/AC$ (N/A)
Beta 0.74
Market capitalization 273.46M
Operating cash flow 65.49M
ESG Scores unknown

Company description

GreenFirst Forest Products Inc. manufactures and markets forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets. The Paper Products segment manufactures and markets paper products that are used to print newspapers, advertising materials, food service bags, and other publications. The company was formerly known as Itasca Capital Ltd. and changed its name to GreenFirst Forest Products Inc. in January 2021. GreenFirst Forest Products Inc. is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Lumber & Wood Production

Financial Ratios
Quick Ratio1.44
Working Capital-0.07
Return On Equity-0.04
Debt To Equity0.48
Fixed Asset Ratio0.03
Fixed Interest Cover0.83

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 46.71k 2.07k 1.26M 38.02M
Total Cashflows From Investing Activities 5.02M 12.37M -10.87M -251.65M
Net Borrowings 3.97M 3.97M 3.97M 124.03M
Total Cash From Financing Activities -3.27M 4.83M 4.83M 278.61M
Change To Operating Activities -366.92k -366.92k -355k -101k
Issuance Of Stock 1M 1M 1M 170.78M
Net Income -6.25M 47.45k -2.25M -9.62M
Change In Cash 1.77M 11.06M -7.63M 30.89M
Effect Of Exchange Rate
Total Cash From Operating Activities 21.48k -1.31M -1.6M 3.94M
Depreciation 7.5M 7.5M 7.5M 7.5M
Change To Account Receivables -24.68M -24.68M -24.68M -24.68M
Other Cashflows From Financing Activities -138k -138k -138k -16.2M
Change To Netincome 6.23M -993.67k -255k 1.09M
Capital Expenditures -6.09M -6.09M -6.09M -6.09M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -6.25M 47.45k -2.25M -11.65M
Net Income -6.25M 47.45k -2.25M -9.62M
Selling General Administrative 253.66k 576.71k 2.66M 8.43M
Gross Profit 28.25M
Ebit -253.66k -576.71k -2.66M 5.1M
Operating Income -253.66k -576.71k -2.66M 5.1M
Interest Expense -31k -31k -31k -6.18M
Income Tax Expense -2.03M
Total Revenue 190.48M
Cost Of Revenue 162.23M
Total Other Income ExpenseNet -6M 624.15k 407k -16.75M
Net Income From Continuing Ops -6.25M 47.45k -2.25M -9.62M
Net Income Applicable To Common Shares -6.25M 47.45k -2.25M -9.62M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 174.1k 176.17k 5.14M 186.78M
Total Stockholder Equity 13.3M 13.11M 12.18M 229.16M
Other Current Liabilities 3.25M
Total Assets 13.47M 13.29M 17.31M 415.94M
Common Stock 37.59M 37.59M 38.36M 254.73M
Other Current Assets
Retained Earnings -24.35M -24.31M -26.56M -36.18M
Treasury Stock 65k -173.47k 373k 10.61M
Cash 1.85M 12.91M 5.28M 36.17M
Total Current Liabilities 174.1k 176.17k 1.44M 54.04M
Other Stockholder Equity 65k -173.47k 373k 10.61M
Property, Plant, and Equipment 11.52M 185.7M
Total Current Assets 1.86M 13.29M 5.8M 184.8M
Net Tangible Assets 13.3M 13.11M 12.18M 217.44M
Net Receivables 38.07M
Accounts Payable 174.1k 176.17k 1.44M 27.48M


Insider Transactions

Here are the insider transactions of stock shares related to GreenFirst Forest Products Inc.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Interfor CorpI2022-05-0210% Security Holder of Issuer
Rayonier Advanced Materials IncI2022-05-0210% Security Holder of Issuer28.68M
Doman, Jaspaul Rick HarbinsAcquisition or disposition in the public market at price 1.35 per share.D2021-12-06Director of Issuer65k

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 GreenFirst Forest Products Inc.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GreenFirst Forest Products Inc.

Here is the result of two systematic investment strategies applied to GreenFirst Forest Products Inc.. 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 GreenFirst Forest Products Inc.

The following chart shows the equity curve of the two systematic investment strategies applied to GreenFirst Forest Products Inc.:

GreenFirst Forest Products Inc. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.59% on the backtest period.

Performance at glance

Performance

6.59 %

Latent gain

16.44 C$

Invested capital

249.34 C$

Annualized return

21.97 %
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Momentum strategy results on GreenFirst Forest Products Inc.

This is the result of two momentum investment strategies applied to GreenFirst Forest Products Inc.. 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 GreenFirst Forest Products Inc.

The following chart shows all the entries opened by the momentum investment system on GreenFirst Forest Products Inc.:

GreenFirst Forest Products Inc. momentum entries
  • The first momentum investment strategy would give 6.59% of return on GreenFirst Forest Products Inc.. That represents 16.44C$ of latent gain with 249.34C$ of employed capital.
  • The second momentum investment strategy would give 0% of return on GreenFirst Forest Products Inc.. That represents 0.0C$ of latent gain with 0.0C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

6.59 %

Latent gain

16.44 C$

Invested capital

249.34 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Momentum equity curve on GreenFirst Forest Products Inc.

The following chart shows the equity curve of the two momentum strategies applied to GreenFirst Forest Products Inc.:

GreenFirst Forest Products Inc. momentum equity

Note: the dividends potentially given by GreenFirst Forest Products Inc. 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 GreenFirst Forest Products Inc.

The following chart shows the employed capital evolution of the two momentum strategies on GreenFirst Forest Products Inc. since the beginning:

GreenFirst Forest Products Inc.

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 GreenFirst Forest Products Inc.

Buy the dip entry openings on GreenFirst Forest Products Inc.

GreenFirst Forest Products Inc.

The performance achieved by the robo-advisor on GreenFirst Forest Products Inc. is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows GreenFirst Forest Products Inc. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GreenFirst Forest Products Inc., 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

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to GreenFirst Forest Products Inc.

The following chart shows the result of the investment strategy applied to GreenFirst Forest Products Inc.:

GreenFirst Forest Products Inc.

Note: the dividends potentially given by GreenFirst Forest Products Inc. 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 GreenFirst Forest Products Inc.

The following chart shows the employed capital evolution since the beginning of the investment strategy on GreenFirst Forest Products Inc.:

GreenFirst Forest Products Inc.

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 GreenFirst Forest Products Inc.

In this section, I will compare the three previous investment strategies applied to GreenFirst Forest Products Inc..

Equity curve comparison on GreenFirst Forest Products Inc.

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

GreenFirst Forest Products Inc. investment strategy comparison

Employed capital comparison on GreenFirst Forest Products Inc.

GreenFirst Forest Products Inc. investment comparison

Performance comparison on GreenFirst Forest Products Inc.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.59% 16.44C$ 249.34C$ 21.97%
Momentum 1 quarter 6.59% 16.44C$ 249.34C$ 109.83%
Momentum 2 quarters 0% 0.0C$ 0.0C$ -0.0%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

21.97 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GreenFirst Forest Products Inc.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

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


Company information

Company name GreenFirst Forest Products Inc.
Country Canada
City Toronto
Address 401 The West Mall
Phone 416-775-2800
Website www.greenfirst.ca
FullTime employees 1500
Industry Lumber & Wood Production
Sector Basic Materials
Exchange XTSE
Ticker GFP.XTSE
Market

GreenFirst Forest Products Inc. 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