Canfor Stock Today

CFP Stock  CAD 17.73  0.20  1.12%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 10

 
High
 
Low
Low
Canfor is selling at 17.73 as of the 29th of November 2024; that is 1.12% down since the beginning of the trading day. The stock's open price was 17.93. Canfor has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Canfor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Canfor Corporation operates as an integrated forest products company in the United States, Canada, Europe, Asia, and internationally. Canfor Corporation was founded in 1938 and is based in Vancouver, Canada. CANFOR CORP operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. The company has 118.41 M outstanding shares of which 1.32 M shares are currently shorted by private and institutional investors with about 6.45 days to cover all short positions. More on Canfor

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Moving against Canfor Stock

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Canfor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canfor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canfor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODonald Kayne
Business ConcentrationPaper & Forest Products, Lumber & Wood Production, Basic Materials, Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors)
Canfor's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canfor's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Canfor can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canfor's financial leverage. It provides some insight into what part of Canfor's total assets is financed by creditors.
Liquidity
Canfor cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Canfor has accumulated 399.3 M in total debt with debt to equity ratio (D/E) of 0.35, which is about average as compared to similar companies. Canfor has a current ratio of 2.03, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Canfor until it has trouble settling it off, either with new capital or with free cash flow. So, Canfor's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canfor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canfor to invest in growth at high rates of return. When we think about Canfor's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(100.69 Million)
Canfor (CFP) is traded on Toronto Exchange in Canada and employs 7,580 people. Canfor is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canfor's market, we take the total number of its shares issued and multiply it by Canfor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canfor operates under Paper & Forest Products sector and is part of Materials industry. The entity has 118.41 M outstanding shares of which 1.32 M shares are currently shorted by private and institutional investors with about 6.45 days to cover all short positions. Canfor has accumulated about 1.27 B in cash with 154.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.54.
Check Canfor Probability Of Bankruptcy
Ownership Allocation
Canfor holds a total of 118.41 Million outstanding shares. Canfor retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canfor Ownership Details

Canfor Risk Profiles

Although Canfor's alpha and beta are two of the key measurements used to evaluate Canfor's performance over the market, the standard measures of volatility play an important role as well.

Canfor Stock Against Markets

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Canfor Corporate Directors

Glen ClarkIndependent DirectorProfile
Ryan BarringtonFooteIndependent DirectorProfile
Dianne WattsIndependent DirectorProfile
William StinsonIndependent DirectorProfile

Other Information on Investing in Canfor Stock

Canfor financial ratios help investors to determine whether Canfor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canfor with respect to the benefits of owning Canfor security.