Western Forest Products (WEF) Competitors

C$0.52
0.00 (0.00%)
(As of 05/16/2024 ET)

WEF vs. GDL, GFP, ADN, AII, SMT, NCU, BOS, LUC, FVL, and FSY

Should you be buying Western Forest Products stock or one of its competitors? The main competitors of Western Forest Products include Goodfellow (GDL), GreenFirst Forest Products (GFP), Acadian Timber (ADN), Almonty Industries (AII), Sierra Metals (SMT), Nevada Copper (NCU), AirBoss of America (BOS), Lucara Diamond (LUC), Freegold Ventures (FVL), and Forsys Metals (FSY). These companies are all part of the "basic materials" sector.

Western Forest Products vs.

Western Forest Products (TSE:WEF) and Goodfellow (TSE:GDL) are both small-cap basic materials companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, valuation, analyst recommendations, risk, media sentiment, earnings, dividends, community ranking and institutional ownership.

Goodfellow has a net margin of 2.89% compared to Western Forest Products' net margin of -6.73%. Goodfellow's return on equity of 7.94% beat Western Forest Products' return on equity.

Company Net Margins Return on Equity Return on Assets
Western Forest Products-6.73% -11.50% -5.64%
Goodfellow 2.89%7.94%5.22%

Western Forest Products pays an annual dividend of C$0.05 per share and has a dividend yield of 9.6%. Goodfellow pays an annual dividend of C$1.00 per share and has a dividend yield of 6.9%. Western Forest Products pays out -22.7% of its earnings in the form of a dividend. Goodfellow pays out 57.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Western Forest Products is clearly the better dividend stock, given its higher yield and lower payout ratio.

50.3% of Western Forest Products shares are owned by institutional investors. Comparatively, 10.7% of Goodfellow shares are owned by institutional investors. 0.7% of Western Forest Products shares are owned by insiders. Comparatively, 52.9% of Goodfellow shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Western Forest Products has a beta of 1.92, indicating that its share price is 92% more volatile than the S&P 500. Comparatively, Goodfellow has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.

Goodfellow has lower revenue, but higher earnings than Western Forest Products. Western Forest Products is trading at a lower price-to-earnings ratio than Goodfellow, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Forest ProductsC$1.02B0.16-C$68.50M-C$0.22-2.36
GoodfellowC$512.23M0.24C$14.79MC$1.738.39

Western Forest Products presently has a consensus target price of C$0.71, suggesting a potential upside of 36.54%. Given Western Forest Products' higher probable upside, equities analysts clearly believe Western Forest Products is more favorable than Goodfellow.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Forest Products
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Goodfellow
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Western Forest Products received 319 more outperform votes than Goodfellow when rated by MarketBeat users. Likewise, 69.28% of users gave Western Forest Products an outperform vote while only 69.03% of users gave Goodfellow an outperform vote.

CompanyUnderperformOutperform
Western Forest ProductsOutperform Votes
397
69.28%
Underperform Votes
176
30.72%
GoodfellowOutperform Votes
78
69.03%
Underperform Votes
35
30.97%

In the previous week, Western Forest Products had 9 more articles in the media than Goodfellow. MarketBeat recorded 10 mentions for Western Forest Products and 1 mentions for Goodfellow. Goodfellow's average media sentiment score of 0.80 beat Western Forest Products' score of 0.27 indicating that Goodfellow is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Forest Products
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Goodfellow
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Western Forest Products and Goodfellow tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WEF vs. The Competition

MetricWestern Forest ProductsLumber & Wood Production IndustryMaterials SectorTSE Exchange
Market CapC$164.71MC$1.44BC$2.90BC$5.44B
Dividend Yield6.67%16.15%5.29%5.49%
P/E Ratio-2.3659.33143.5021.35
Price / Sales0.1624.47760,029.922,115.09
Price / Cash10.1816.7623.4479.89
Price / Book0.290.843.793.24
Net Income-C$68.50M-C$39.74MC$167.06MC$292.10M
7 Day Performance1.96%-1.02%1.78%0.29%
1 Month Performance-10.34%-1.93%3.72%3.15%
1 Year Performance-53.57%-12.20%193.97%25.98%

Western Forest Products Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GDL
Goodfellow
0 of 5 stars
C$14.52
-0.6%
N/A+19.5%C$123.57MC$512.23M8.39687
GFP
GreenFirst Forest Products
0 of 5 stars
C$0.66
-2.9%
N/A-54.0%C$117.20MC$409.62M-2.441,100News Coverage
Gap Up
ADN
Acadian Timber
2.4402 of 5 stars
C$17.83
-0.2%
C$18.75
+5.2%
+5.9%C$307.57MC$93.48M10.315Analyst Revision
AII
Almonty Industries
0 of 5 stars
C$0.64
flat
N/A+9.7%C$165.22MC$22.51M-16.00403
SMT
Sierra Metals
1.0734 of 5 stars
C$0.83
-3.5%
C$1.00
+20.5%
+143.6%C$174.05MC$229.54M-16.601,156Analyst Forecast
News Coverage
NCU
Nevada Copper
1.6102 of 5 stars
C$0.11
flat
C$0.30
+172.7%
-64.9%C$154MC$-1,030,000.00-1.57198
BOS
AirBoss of America
0.4017 of 5 stars
C$5.67
-2.6%
C$5.88
+3.6%
-19.1%C$153.83MC$426.02M-2.711,197Insider Buying
LUC
Lucara Diamond
0 of 5 stars
C$0.34
-2.9%
N/A-33.3%C$153.46MC$177.37M-6.70324Positive News
FVL
Freegold Ventures
0 of 5 stars
C$0.42
-2.4%
N/A-34.4%C$185.36MN/A-41.503
FSY
Forsys Metals
0 of 5 stars
C$0.95
+6.7%
N/A+123.3%C$185.41MN/A-31.6712Gap Down

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This page (TSE:WEF) was last updated on 5/16/2024 by MarketBeat.com Staff

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