Canfor Corporation (T:CFP)
Business Focus: Forest & Wood Products (NEC)
Mixed as of September 01, 2023
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Insider Filings
Latest 10 SEDI filings for CFP within the last 6 months
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Company News
Sep 25, 2023 11:45 ET
VIDA to acquire Sawmill in Ingarp, Sweden
VANCOUVER, BC, Sept. 25, 2023 /CNW/ - VIDA AB, owned 70% by Canfor Corporation (TSX: CFP), announces it will acquire a 50 million board foot sawmill from Ingarp Träskydd for 50 million SEK (CAD$6.0 million). The sawmill has the potential for expansion to 100 million board feet and the transaction is expected to close on October 3, 2023. The strategic acquisition marks a continued investment in the area around Vida's sawmills in Hjältevad and Vimmerby.
Sep 14, 2023 16:45 ET
Canfor to Build New State-of-the-Art Mill in Houston, BC
VANCOUVER, BC, Sept. 14, 2023 /CNW/ - Canfor Corporation (TSX: CFP) is pleased to announce that it will be investing approximately $200 million to build a new state-of-the-art manufacturing facility in Houston, British Columbia. This low cost, high efficiency facility will have an annual production capacity of approximately 350 million board feet.
Valuation Ratios
Industry
Sector
Beta
2.05
--
--
Price to Sales - TTM
0.35
0.72
4.27
Price to Book - most recent quarter
0.52
0.64
1.87
Price to Cash Flow per share - TTM
19.74
8.94
8.88
Price to Free Cash Flow per share - TTM
--
3.02
18.20
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 518,882 | 14,360 |
| Aug 31, 2023 | 504,522 | -77,656 |
| Aug 15, 2023 | 582,178 | -106,334 |
Business Summary
| Sector: Basic Materials | Industry: Forest & Wood Products |
Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber segment and pulp and paper segment. The Company's solid wood products include dimension lumber, specialty lumber and engineered wood products. The dimension lumber products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL) and Canfor Red. The specialty lumber products include Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears and Access Mat Lumber. Its Pulp products include Bleached Softwood Kraft Pulp and Unbleached Softwood Kraft Pulp. Its paper products include Bleached Kraft, Coloured Kraft and Unbleached Kraft. It also has bioenergy products. It also produces green energy in its lumber and pulp facilities across North America. The Western Canadian operations produce superior SPF lumber from sustainably managed forestlands. It is used for construction projects in North America and around the globe.
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