WESTERN FOREST PRODUCTS INC (WEF.CA) Stock Fundamental Analysis

TSX:WEF • CA9582117086

14.46 CAD
-2.32 (-13.83%)
Last: Feb 12, 2026, 07:00 PM
Fundamental Rating

3

WEF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 12 industry peers in the Paper & Forest Products industry. The financial health of WEF is average, but there are quite some concerns on its profitability. WEF has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year WEF has reported negative net income.
  • WEF had a positive operating cash flow in the past year.
  • In multiple years WEF reported negative net income over the last 5 years.
  • In multiple years WEF reported negative operating cash flow during the last 5 years.
WEF.CA Yearly Net Income VS EBIT VS OCF VS FCFWEF.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 100M 200M

1.2 Ratios

  • With a Return On Assets value of -2.58%, WEF perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of -3.92%, WEF is in line with its industry, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
ROA -2.58%
ROE -3.92%
ROIC N/A
ROA(3y)-1.4%
ROA(5y)4.14%
ROE(3y)-2.68%
ROE(5y)6.29%
ROIC(3y)N/A
ROIC(5y)N/A
WEF.CA Yearly ROA, ROE, ROICWEF.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • The Gross Margin of WEF (8.95%) is worse than 75.00% of its industry peers.
  • WEF's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for WEF so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.95%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-26.24%
GM growth 5Y7.26%
WEF.CA Yearly Profit, Operating, Gross MarginsWEF.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

5

2. Health

2.1 Basic Checks

  • WEF does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for WEF remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, WEF has less shares outstanding
  • The debt/assets ratio for WEF is higher compared to a year ago.
WEF.CA Yearly Shares OutstandingWEF.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
WEF.CA Yearly Total Debt VS Total AssetsWEF.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • WEF has an Altman-Z score of 1.93. This is not the best score and indicates that WEF is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.93, WEF is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • WEF has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
  • WEF has a Debt to Equity ratio of 0.08. This is amongst the best in the industry. WEF outperforms 91.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF N/A
Altman-Z 1.93
ROIC/WACCN/A
WACC7.19%
WEF.CA Yearly LT Debt VS Equity VS FCFWEF.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 2.70 indicates that WEF has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.70, WEF belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
  • WEF has a Quick Ratio of 2.70. This is a bad value and indicates that WEF is not financially healthy enough and could expect problems in meeting its short term obligations.
  • WEF's Quick ratio of 0.96 is fine compared to the rest of the industry. WEF outperforms 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 2.7
Quick Ratio 0.96
WEF.CA Yearly Current Assets VS Current LiabilitesWEF.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

3

3. Growth

3.1 Past

  • WEF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.18%.
  • WEF shows a small growth in Revenue. In the last year, the Revenue has grown by 4.56%.
  • WEF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.66% yearly.
EPS 1Y (TTM)-57.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-217.22%
Revenue 1Y (TTM)4.56%
Revenue growth 3Y-9.13%
Revenue growth 5Y5.66%
Sales Q2Q%-3.6%

3.2 Future

  • Based on estimates for the next years, WEF will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.92% on average per year.
  • WEF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.34% yearly.
EPS Next Y-197.39%
EPS Next 2Y-12.94%
EPS Next 3Y5.81%
EPS Next 5Y18.92%
Revenue Next Year-4.64%
Revenue Next 2Y-0.57%
Revenue Next 3Y1.34%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
WEF.CA Yearly Revenue VS EstimatesWEF.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B
WEF.CA Yearly EPS VS EstimatesWEF.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 -5 10 15

0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for WEF. In the last year negative earnings were reported.
  • Also next year WEF is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WEF.CA Price Earnings VS Forward Price EarningsWEF.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

  • WEF's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 25.65
WEF.CA Per share dataWEF.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.94%
EPS Next 3Y5.81%

0

5. Dividend

5.1 Amount

  • No dividends for WEF!.
Industry RankSector Rank
Dividend Yield 0%

WESTERN FOREST PRODUCTS INC

TSX:WEF (2/12/2026, 7:00:00 PM)

14.46

-2.32 (-13.83%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)11-05
Earnings (Next)02-10
Inst Owners34.7%
Inst Owner ChangeN/A
Ins Owners0.82%
Ins Owner ChangeN/A
Market Cap152.70M
Revenue(TTM)1.06B
Net Income(TTM)-21.60M
Analysts50
Price Target14.03 (-2.97%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-68.32%
Min EPS beat(2)-434.65%
Max EPS beat(2)298.02%
EPS beat(4)2
Avg EPS beat(4)-13.86%
Min EPS beat(4)-434.65%
Max EPS beat(4)298.02%
EPS beat(8)5
Avg EPS beat(8)9.39%
EPS beat(12)6
Avg EPS beat(12)-6.32%
EPS beat(16)9
Avg EPS beat(16)-3.26%
Revenue beat(2)1
Avg Revenue beat(2)1.47%
Min Revenue beat(2)-4.27%
Max Revenue beat(2)7.21%
Revenue beat(4)2
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-4.27%
Max Revenue beat(4)7.21%
Revenue beat(8)4
Avg Revenue beat(8)2.28%
Revenue beat(12)8
Avg Revenue beat(12)5.72%
Revenue beat(16)12
Avg Revenue beat(16)6.27%
PT rev (1m)13.4%
PT rev (3m)11.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)6.94%
EPS NY rev (3m)-108.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.14
P/FCF N/A
P/OCF 4.38
P/B 0.28
P/tB 0.33
EV/EBITDA 25.65
EPS(TTM)-6.13
EYN/A
EPS(NY)-3.44
Fwd EYN/A
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)3.3
OCFY22.86%
SpS100.99
BVpS52.15
TBVpS43.31
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.58%
ROE -3.92%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.95%
FCFM N/A
ROA(3y)-1.4%
ROA(5y)4.14%
ROE(3y)-2.68%
ROE(5y)6.29%
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 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-26.24%
GM growth 5Y7.26%
F-Score6
Asset Turnover1.27
Health
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF N/A
Debt/EBITDA 5.24
Cap/Depr 66.1%
Cap/Sales 3.31%
Interest Coverage N/A
Cash Conversion 436.25%
Profit Quality N/A
Current Ratio 2.7
Quick Ratio 0.96
Altman-Z 1.93
F-Score6
WACC7.19%
ROIC/WACCN/A
Cap/Depr(3y)78.79%
Cap/Depr(5y)67.27%
Cap/Sales(3y)3.57%
Cap/Sales(5y)3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-57.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-217.22%
EPS Next Y-197.39%
EPS Next 2Y-12.94%
EPS Next 3Y5.81%
EPS Next 5Y18.92%
Revenue 1Y (TTM)4.56%
Revenue growth 3Y-9.13%
Revenue growth 5Y5.66%
Sales Q2Q%-3.6%
Revenue Next Year-4.64%
Revenue Next 2Y-0.57%
Revenue Next 3Y1.34%
Revenue Next 5YN/A
EBIT growth 1Y26.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year23.73%
EBIT Next 3Y33.62%
EBIT Next 5Y30.91%
FCF growth 1Y99.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y326.62%
OCF growth 3Y-58.52%
OCF growth 5Y13.87%

WESTERN FOREST PRODUCTS INC / WEF.CA FAQ

What is the fundamental rating for WEF stock?

ChartMill assigns a fundamental rating of 3 / 10 to WEF.CA.


What is the valuation status of WESTERN FOREST PRODUCTS INC (WEF.CA) stock?

ChartMill assigns a valuation rating of 0 / 10 to WESTERN FOREST PRODUCTS INC (WEF.CA). This can be considered as Overvalued.


How profitable is WESTERN FOREST PRODUCTS INC (WEF.CA) stock?

WESTERN FOREST PRODUCTS INC (WEF.CA) has a profitability rating of 2 / 10.


What is the earnings growth outlook for WESTERN FOREST PRODUCTS INC?

The Earnings per Share (EPS) of WESTERN FOREST PRODUCTS INC (WEF.CA) is expected to decline by -197.39% in the next year.


Can you provide the dividend sustainability for WEF stock?

The dividend rating of WESTERN FOREST PRODUCTS INC (WEF.CA) is 0 / 10 and the dividend payout ratio is 0%.