West Fraser Shares Outstanding vs. Net Income

WFG Stock  CAD 131.26  0.29  0.22%   
Considering West Fraser's profitability and operating efficiency indicators, West Fraser Timber may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess West Fraser's ability to earn profits and add value for shareholders. At this time, West Fraser's Days Sales Outstanding is very stable compared to the past year. As of the 13th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.10, while Price To Sales Ratio is likely to drop 0.73. At this time, West Fraser's Interest Income is very stable compared to the past year. As of the 13th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 2.4 B, though Accumulated Other Comprehensive Income is likely to grow to (282.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.220.2741
Significantly Down
Pretty Stable
For West Fraser profitability analysis, we use financial ratios and fundamental drivers that measure the ability of West Fraser to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well West Fraser Timber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between West Fraser's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of West Fraser Timber over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

West Fraser Timber Net Income vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining West Fraser's current stock value. Our valuation model uses many indicators to compare West Fraser value to that of its competitors to determine the firm's financial worth.
West Fraser Timber is rated third in shares outstanding category among its peers. It is rated third in net income category among its peers . West Fraser reported last year Net Loss of (167 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value West Fraser by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for West Fraser's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

West Net Income vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

West Fraser

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
77.96 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

West Fraser

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(167 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

West Net Income Comparison

West Fraser is currently under evaluation in net income category among its peers.

West Fraser Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in West Fraser, profitability is also one of the essential criteria for including it into their portfolios because, without profit, West Fraser will eventually generate negative long term returns. The profitability progress is the general direction of West Fraser's change in net profit over the period of time. It can combine multiple indicators of West Fraser, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-297 M-282.1 M
Operating Income-284 M-269.8 M
Income Before Tax-228 M-216.6 M
Total Other Income Expense Net-274 M-260.3 M
Net Loss-167 M-158.7 M
Income Tax Expense-61 M-58 M
Interest Income74 M77.7 M
Net Income Applicable To Common Shares2.3 B2.4 B
Net Interest Income51 M53.5 M
Net Loss-167 M-158.7 M
Change To Netincome-370.8 M-352.3 M
Net Loss(2.01)(1.91)
Income Quality(3.14)(2.99)
Net Income Per E B T 0.73  0.59 

West Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on West Fraser. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of West Fraser position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the West Fraser's important profitability drivers and their relationship over time.

Use West Fraser in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if West Fraser position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in West Fraser will appreciate offsetting losses from the drop in the long position's value.

West Fraser Pair Trading

West Fraser Timber Pair Trading Analysis

The ability to find closely correlated positions to West Fraser could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West Fraser when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back West Fraser - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling West Fraser Timber to buy it.
The correlation of West Fraser is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as West Fraser moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West Fraser Timber moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for West Fraser can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your West Fraser position

In addition to having West Fraser in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ISP
ISP Theme
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ISP Theme or any other thematic opportunities.
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When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:
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You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project West Fraser's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of West Fraser Timber at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include West Fraser's income statement, its balance sheet, and the statement of cash flows.
Potential West Fraser investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although West Fraser investors may work on each financial statement separately, they are all related. The changes in West Fraser's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on West Fraser's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.