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WEST FRASER TIMBER CO LTD (WFG.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:WFG - CA9528451052 - Common Stock

92.36 CAD
+6.01 (+6.96%)
Last: 1/9/2026, 7:00:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to WFG. WFG was compared to 12 industry peers in the Paper & Forest Products industry. WFG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. WFG is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

WFG had negative earnings in the past year.
In the past year WFG had a positive cash flow from operations.
In multiple years WFG reported negative net income over the last 5 years.
WFG had a positive operating cash flow in each of the past 5 years.
WFG.CA Yearly Net Income VS EBIT VS OCF VS FCFWFG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

1.2 Ratios

With a Return On Assets value of -2.89%, WFG perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
WFG's Return On Equity of -3.74% is in line compared to the rest of the industry. WFG outperforms 58.33% of its industry peers.
Industry RankSector Rank
ROA -2.89%
ROE -3.74%
ROIC N/A
ROA(3y)5.99%
ROA(5y)12.01%
ROE(3y)7.85%
ROE(5y)17.08%
ROIC(3y)N/A
ROIC(5y)N/A
WFG.CA Yearly ROA, ROE, ROICWFG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

In the last couple of years the Operating Margin of WFG has declined.
The Gross Margin of WFG (25.57%) is better than 83.33% of its industry peers.
In the last couple of years the Gross Margin of WFG has grown nicely.
The Profit Margin and Operating Margin are not available for WFG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 25.57%
OM growth 3Y-63.89%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.87%
GM growth 5Y3.49%
WFG.CA Yearly Profit, Operating, Gross MarginsWFG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

6

2. Health

2.1 Basic Checks

WFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WFG has been reduced compared to 1 year ago.
WFG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for WFG has been reduced compared to a year ago.
WFG.CA Yearly Shares OutstandingWFG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
WFG.CA Yearly Total Debt VS Total AssetsWFG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

An Altman-Z score of 2.92 indicates that WFG is not a great score, but indicates only limited risk for bankruptcy at the moment.
WFG's Altman-Z score of 2.92 is amongst the best of the industry. WFG outperforms 91.67% of its industry peers.
WFG has a debt to FCF ratio of 26.92. This is a negative value and a sign of low solvency as WFG would need 26.92 years to pay back of all of its debts.
WFG has a Debt to FCF ratio of 26.92. This is in the better half of the industry: WFG outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that WFG is not too dependend on debt financing.
The Debt to Equity ratio of WFG (0.05) is better than 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 26.92
Altman-Z 2.92
ROIC/WACCN/A
WACC7.68%
WFG.CA Yearly LT Debt VS Equity VS FCFWFG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

WFG has a Current Ratio of 2.39. This indicates that WFG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.39, WFG is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Quick Ratio of 1.32 indicates that WFG should not have too much problems paying its short term obligations.
WFG has a Quick ratio of 1.32. This is in the better half of the industry: WFG outperforms 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.39
Quick Ratio 1.32
WFG.CA Yearly Current Assets VS Current LiabilitesWFG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

3

3. Growth

3.1 Past

The earnings per share for WFG have decreased strongly by -167.74% in the last year.
The Revenue has decreased by -9.23% in the past year.
The Revenue has been growing by 10.92% on average over the past years. This is quite good.
EPS 1Y (TTM)-167.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-155.34%
Revenue 1Y (TTM)-9.23%
Revenue growth 3Y-16.27%
Revenue growth 5Y10.92%
Sales Q2Q%-9.05%

3.2 Future

The Earnings Per Share is expected to grow by 118.65% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.70% on average over the next years.
EPS Next Y-2393.2%
EPS Next 2Y-77.79%
EPS Next 3Y219.3%
EPS Next 5Y118.65%
Revenue Next Year-10.68%
Revenue Next 2Y-1.13%
Revenue Next 3Y2.2%
Revenue Next 5Y2.7%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
WFG.CA Yearly Revenue VS EstimatesWFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
WFG.CA Yearly EPS VS EstimatesWFG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 10 20

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for WFG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WFG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WFG.CA Price Earnings VS Forward Price EarningsWFG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

WFG's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as WFG.
Industry RankSector Rank
P/FCF 435.05
EV/EBITDA 16.17
WFG.CA Per share dataWFG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

WFG's earnings are expected to grow with 219.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-77.79%
EPS Next 3Y219.3%

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.20%, WFG has a reasonable but not impressive dividend return.
WFG's Dividend Yield is a higher than the industry average which is at 2.56.
WFG's Dividend Yield is comparable with the S&P500 average which is at 1.94.
Industry RankSector Rank
Dividend Yield 2.2%

5.2 History

On average, the dividend of WFG grows each year by 15.82%, which is quite nice.
WFG has been paying a dividend for at least 10 years, so it has a reliable track record.
WFG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)15.82%
Div Incr Years4
Div Non Decr Years14
WFG.CA Yearly Dividends per shareWFG.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

WFG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of WFG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-41.13%
EPS Next 2Y-77.79%
EPS Next 3Y219.3%
WFG.CA Yearly Income VS Free CF VS DividendWFG.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

WEST FRASER TIMBER CO LTD

TSX:WFG (1/9/2026, 7:00:00 PM)

92.36

+6.01 (+6.96%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)10-22 2025-10-22/amc
Earnings (Next)02-10 2026-02-10/amc
Inst Owners57.5%
Inst Owner ChangeN/A
Ins Owners0.96%
Ins Owner ChangeN/A
Market Cap7.24B
Revenue(TTM)5.70B
Net Income(TTM)-248.00M
Analysts80
Price Target93.49 (1.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.2%
Yearly Dividend1.71
Dividend Growth(5Y)15.82%
DP-41.13%
Div Incr Years4
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-132.44%
Min EPS beat(2)-146.07%
Max EPS beat(2)-118.82%
EPS beat(4)0
Avg EPS beat(4)-183.91%
Min EPS beat(4)-441.37%
Max EPS beat(4)-29.39%
EPS beat(8)2
Avg EPS beat(8)-119.87%
EPS beat(12)3
Avg EPS beat(12)-167.1%
EPS beat(16)6
Avg EPS beat(16)-122.06%
Revenue beat(2)0
Avg Revenue beat(2)-5.59%
Min Revenue beat(2)-6.51%
Max Revenue beat(2)-4.67%
Revenue beat(4)0
Avg Revenue beat(4)-4.79%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)-1.75%
Revenue beat(8)4
Avg Revenue beat(8)0.15%
Revenue beat(12)4
Avg Revenue beat(12)-1.23%
Revenue beat(16)7
Avg Revenue beat(16)-0.04%
PT rev (1m)-2.41%
PT rev (3m)-4.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-379.65%
EPS NY rev (1m)0%
EPS NY rev (3m)-512.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.86%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.92
P/FCF 435.05
P/OCF 11.84
P/B 0.79
P/tB 1.26
EV/EBITDA 16.17
EPS(TTM)-4.6
EYN/A
EPS(NY)-0.79
Fwd EYN/A
FCF(TTM)0.21
FCFY0.23%
OCF(TTM)7.8
OCFY8.45%
SpS100.89
BVpS117.17
TBVpS73.12
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.89%
ROE -3.74%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 25.57%
FCFM 0.21%
ROA(3y)5.99%
ROA(5y)12.01%
ROE(3y)7.85%
ROE(5y)17.08%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-63.89%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.87%
GM growth 5Y3.49%
F-Score4
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 26.92
Debt/EBITDA 1.12
Cap/Depr 79.74%
Cap/Sales 7.52%
Interest Coverage N/A
Cash Conversion 153.13%
Profit Quality N/A
Current Ratio 2.39
Quick Ratio 1.32
Altman-Z 2.92
F-Score4
WACC7.68%
ROIC/WACCN/A
Cap/Depr(3y)85.95%
Cap/Depr(5y)91.03%
Cap/Sales(3y)6.73%
Cap/Sales(5y)6.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-167.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-155.34%
EPS Next Y-2393.2%
EPS Next 2Y-77.79%
EPS Next 3Y219.3%
EPS Next 5Y118.65%
Revenue 1Y (TTM)-9.23%
Revenue growth 3Y-16.27%
Revenue growth 5Y10.92%
Sales Q2Q%-9.05%
Revenue Next Year-10.68%
Revenue Next 2Y-1.13%
Revenue Next 3Y2.2%
Revenue Next 5Y2.7%
EBIT growth 1Y-580.77%
EBIT growth 3Y-69.77%
EBIT growth 5YN/A
EBIT Next Year1.13%
EBIT Next 3Y123.2%
EBIT Next 5Y73.84%
FCF growth 1Y-88.78%
FCF growth 3Y-60.93%
FCF growth 5YN/A
OCF growth 1Y-23.44%
OCF growth 3Y-42.91%
OCF growth 5Y50.12%

WEST FRASER TIMBER CO LTD / WFG.CA FAQ

What is the fundamental rating for WFG stock?

ChartMill assigns a fundamental rating of 4 / 10 to WFG.CA.


Can you provide the valuation status for WEST FRASER TIMBER CO LTD?

ChartMill assigns a valuation rating of 2 / 10 to WEST FRASER TIMBER CO LTD (WFG.CA). This can be considered as Overvalued.


Can you provide the profitability details for WEST FRASER TIMBER CO LTD?

WEST FRASER TIMBER CO LTD (WFG.CA) has a profitability rating of 3 / 10.


Can you provide the expected EPS growth for WFG stock?

The Earnings per Share (EPS) of WEST FRASER TIMBER CO LTD (WFG.CA) is expected to decline by -2393.2% in the next year.


Can you provide the dividend sustainability for WFG stock?

The dividend rating of WEST FRASER TIMBER CO LTD (WFG.CA) is 6 / 10 and the dividend payout ratio is -41.13%.