TAIGA BUILDING PRODUCTS LTD. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 19.91
Dividend & YieldN/AC$ (N/A)
Beta 0.96
Market capitalization 270.52M
Operating cash flow 107.02M
ESG Scores unknown

Company description

Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. It offers composite decking products, railings, and accessories; engineered wood products; laminate and vinyl floorings; insulation products; dimension lumber products; moldings; panels, such as plywood, oriented strand boards, and particleboards; polyethylene sheeting products; and preserved wood products, including fencing, landscape timbers, plywoods, preserved wood foundation, and pre-stained products. The company also provides roofing materials; batt and foam insulation products; siding and trim products; and wall coverings and accessories. In addition, it produces pressure-treated wood products. The company distributes its building products through 15 distribution centers in Canada, 2 distribution centers in the United States to building products retailers, building supply yards, and industrial manufacturers. It also exports its products to Asia, Central America, South America, and the Middle East. The company was founded in 1973 and is headquartered in Burnaby, Canada. Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited.

Sector: Basic Materials - Industry: Building Materials

Financial Ratios
Quick Ratio1.03
Working Capital0.41
Return On Equity0.35
Debt To Equity0.03
Fixed Asset Ratio0.04
Fixed Interest Cover16

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -19.18M 4.47M 55.37M 32.54M
Total Cashflows From Investing Activities -57.81M -1.67M -2.81M -3.16M
Net Borrowings 26.08M -35.53M -45.25M -14.31M
Total Cash From Financing Activities 23.54M -40.56M -49.36M -46.03M
Change To Operating Activities 4.7M -6.29M -5.14M -1.46M
Issuance Of Stock
Net Income 20.27M 25.91M 70.83M 92.69M
Change In Cash 69.67M 69.67M 69.67M 69.67M
Effect Of Exchange Rate 1.32M 1.32M 1.32M 244k
Total Cash From Operating Activities 34.26M 42.22M 50.84M 118.62M
Depreciation 5.67M 10.79M 11.37M 11.12M
Change To Account Receivables 21.79M 9.82M -51.26M -3.02M
Other Cashflows From Financing Activities -875k -875k -875k -875k
Change To Netincome 6.08M 4.96M 2.07M 14.13M
Capital Expenditures -4.43M -1.84M -2.83M -3.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 28.97M 35.85M 96.21M 125.66M
Net Income 20.27M 25.91M 70.83M 92.69M
Selling General Administrative 84.63M 82.78M 122.49M 165.85M
Gross Profit 122.03M 129.46M 225.17M 300.19M
Ebit 37.4M 46.68M 102.68M 134.34M
Operating Income 37.4M 46.68M 102.68M 134.34M
Interest Expense -8.03M -11.03M -9.32M -8.39M
Income Tax Expense 8.71M 9.95M 25.38M 32.98M
Total Revenue 1.45B 1.3B 1.59B 2.22B
Cost Of Revenue 1.33B 1.17B 1.36B 1.92B
Total Other Income ExpenseNet -8.43M -10.83M -6.47M -8.68M
Net Income From Continuing Ops 20.27M 25.91M 70.83M 92.69M
Net Income Applicable To Common Shares 20.27M 25.91M 70.83M 92.69M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 207.69M 255.34M 269.14M 315.95M
Total Stockholder Equity 118.31M 139.68M 205.02M 267.06M
Other Current Liabilities 4.83M 14.68M 5.32M 33.3M
Total Assets 326M 395.02M 474.16M 583M
Common Stock 131.43M 127.28M 124.05M 123.2M
Other Current Assets
Retained Earnings -21.73M 6.88M 77.71M 140.4M
Treasury Stock 8.6M 5.52M 3.26M 3.46M
Cash 69.67M
Total Current Liabilities 138.49M 131.38M 141.02M 205.96M
Other Stockholder Equity 8.6M 5.52M 3.26M 3.46M
Property, Plant, and Equipment 50.33M 123.43M 119.38M 121.27M
Total Current Assets 246.92M 245.41M 330.14M 430.59M
Net Tangible Assets 89.82M 113.69M 180.64M 243.88M
Net Receivables 94.51M 85.33M 136.79M 139.19M
Accounts Payable 49.22M 53.92M 81.36M 81.8M


Insider Transactions

Here are the insider transactions of stock shares related to TAIGA BUILDING PRODUCTS LTD.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Sali, GrantD2020-12-15Senior Officer of Issuer15.5k
Flagel (Brian)D2020-12-04Director of Issuer3.2k
Flagel (Brian)D2020-12-03Director of Issuer19.7k
Flagel (Brian)D2020-12-02Director of Issuer800
Flagel (Brian)D2020-12-01Director of Issuer1k
Flagel (Brian)D2020-11-30Director of Issuer800
Flagel (Brian)D2020-11-27Director of Issuer11k
Flagel (Brian)D2020-11-24Director of Issuer4.5k

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 TAIGA BUILDING PRODUCTS LTD.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TAIGA BUILDING PRODUCTS LTD.

Here is the result of two systematic investment strategies applied to TAIGA BUILDING PRODUCTS LTD.. 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 TAIGA BUILDING PRODUCTS LTD.

The following chart shows the equity curve of the two systematic investment strategies applied to TAIGA BUILDING PRODUCTS LTD.:

TAIGA BUILDING PRODUCTS LTD. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 74.71% on the backtest period.

Performance at glance

Performance

74.71 %

Latent gain

1494.13 C$

Invested capital

1999.79 C$

Annualized return

16.31 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on TAIGA BUILDING PRODUCTS LTD.

This is the result of two momentum investment strategies applied to TAIGA BUILDING PRODUCTS LTD.. 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 TAIGA BUILDING PRODUCTS LTD.

The following chart shows all the entries opened by the momentum investment system on TAIGA BUILDING PRODUCTS LTD.:

TAIGA BUILDING PRODUCTS LTD. momentum entries
  • The first momentum investment strategy would give 83.22% of return on TAIGA BUILDING PRODUCTS LTD.. That represents 5407.41C$ of latent gain with 6497.52C$ of employed capital.
  • The second momentum investment strategy would give 89.58% of return on TAIGA BUILDING PRODUCTS LTD.. That represents 3584.19C$ of latent gain with 4001.03C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

83.22 %

Latent gain

5407.41 C$

Invested capital

6497.52 C$

Annualized return

0.27 %
Performance at glance (2Q Momentum)

Performance

89.58 %

Latent gain

3584.19 C$

Invested capital

4001.03 C$

Annualized return

21.85 %

Momentum equity curve on TAIGA BUILDING PRODUCTS LTD.

The following chart shows the equity curve of the two momentum strategies applied to TAIGA BUILDING PRODUCTS LTD.:

TAIGA BUILDING PRODUCTS LTD. momentum equity

Note: the dividends potentially given by TAIGA BUILDING PRODUCTS LTD. 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 TAIGA BUILDING PRODUCTS LTD.

The following chart shows the employed capital evolution of the two momentum strategies on TAIGA BUILDING PRODUCTS LTD. since the beginning:

TAIGA BUILDING PRODUCTS LTD.

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 TAIGA BUILDING PRODUCTS LTD.

Buy the dip entry openings on TAIGA BUILDING PRODUCTS LTD.

TAIGA BUILDING PRODUCTS LTD.

The performance achieved by the robo-advisor on TAIGA BUILDING PRODUCTS LTD. is 0.69%. That represents 8.63$ of latent gain with 1251.39C$ of employed capital. The following chart shows TAIGA BUILDING PRODUCTS LTD. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TAIGA BUILDING PRODUCTS LTD., 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

0.69 %

Latent gain

8.63 C$

Invested capital

1251.39 C$

Annualized return

0.27 %

Equity curve of the strategy applied to TAIGA BUILDING PRODUCTS LTD.

The following chart shows the result of the investment strategy applied to TAIGA BUILDING PRODUCTS LTD.:

TAIGA BUILDING PRODUCTS LTD.

Note: the dividends potentially given by TAIGA BUILDING PRODUCTS LTD. 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 TAIGA BUILDING PRODUCTS LTD.

The following chart shows the employed capital evolution since the beginning of the investment strategy on TAIGA BUILDING PRODUCTS LTD.:

TAIGA BUILDING PRODUCTS LTD.

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 TAIGA BUILDING PRODUCTS LTD.

In this section, I will compare the three previous investment strategies applied to TAIGA BUILDING PRODUCTS LTD..

Equity curve comparison on TAIGA BUILDING PRODUCTS LTD.

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

TAIGA BUILDING PRODUCTS LTD. investment strategy comparison

Employed capital comparison on TAIGA BUILDING PRODUCTS LTD.

TAIGA BUILDING PRODUCTS LTD. investment comparison

Performance comparison on TAIGA BUILDING PRODUCTS LTD.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 74.71% 1494.13C$ 1999.79C$ 16.31%
Momentum 1 quarter 83.22% 5407.41C$ 6497.52C$ 19.18%
Momentum 2 quarters 89.58% 3584.19C$ 4001.03C$ 21.85%
Non-directional 0.69% 8.63C$ 1251.39C$ 0.27%
Annualized return comparison

Automatic investment

16.31 %

Momentum 1Q

21.85 %

Momentum 2Q

21.85 %

Non-directional

0.27 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TAIGA BUILDING PRODUCTS LTD.:

Positive correlations

Most correlated stocks this year

  • TAIGA BUILDING PRODUCTS LTD.

  • Most correlated stocks last 3 months

  • Digital Ally Inc (New)
  • TAIGA BUILDING PRODUCTS LTD.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • YINCHENG INTL

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


    Company information

    Company name TAIGA BUILDING PRODUCTS LTD.
    Country Canada
    City Burnaby
    Address 4710 Kingsway
    Phone 604-438-1471
    Website www.taigabuilding.com
    FullTime employees 576
    Industry Building Materials
    Sector Basic Materials
    Exchange XTSE
    Ticker TBL.XTSE
    Market

    TAIGA BUILDING PRODUCTS LTD. 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