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