Western Forest Products (WEF) Competitors

C$0.53
-0.02 (-3.64%)
(As of 05/6/2024 ET)

WEF vs. GFP, GDL, ADN, SMT, LUC, FSY, ITH, PTM, BOS, and AII

Should you be buying Western Forest Products stock or one of its competitors? The main competitors of Western Forest Products include GreenFirst Forest Products (GFP), Goodfellow (GDL), Acadian Timber (ADN), Sierra Metals (SMT), Lucara Diamond (LUC), Forsys Metals (FSY), International Tower Hill Mines (ITH), Platinum Group Metals (PTM), AirBoss of America (BOS), and Almonty Industries (AII). These companies are all part of the "basic materials" sector.

Western Forest Products vs.

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

Western Forest Products has a beta of 1.92, suggesting that its share price is 92% more volatile than the S&P 500. Comparatively, GreenFirst Forest Products has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500.

Western Forest Products received 396 more outperform votes than GreenFirst Forest Products when rated by MarketBeat users. Likewise, 69.53% of users gave Western Forest Products an outperform vote while only 33.33% of users gave GreenFirst Forest Products an outperform vote.

CompanyUnderperformOutperform
Western Forest ProductsOutperform Votes
397
69.53%
Underperform Votes
174
30.47%
GreenFirst Forest ProductsOutperform Votes
1
33.33%
Underperform Votes
2
66.67%

In the previous week, Western Forest Products had 2 more articles in the media than GreenFirst Forest Products. MarketBeat recorded 3 mentions for Western Forest Products and 1 mentions for GreenFirst Forest Products. GreenFirst Forest Products' average media sentiment score of 1.05 beat Western Forest Products' score of -0.46 indicating that GreenFirst Forest Products is being referred to more favorably in the news media.

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

Western Forest Products has a net margin of -6.73% compared to GreenFirst Forest Products' net margin of -11.48%. Western Forest Products' return on equity of -11.50% beat GreenFirst Forest Products' return on equity.

Company Net Margins Return on Equity Return on Assets
Western Forest Products-6.73% -11.50% -5.64%
GreenFirst Forest Products -11.48%-23.82%-9.08%

50.3% of Western Forest Products shares are held by institutional investors. Comparatively, 36.2% of GreenFirst Forest Products shares are held by institutional investors. 0.7% of Western Forest Products shares are held by company insiders. Comparatively, 32.0% of GreenFirst Forest Products shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Western Forest Products currently has a consensus price target of C$0.73, indicating a potential upside of 37.74%. Given Western Forest Products' higher possible upside, analysts clearly believe Western Forest Products is more favorable than GreenFirst Forest Products.

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
GreenFirst Forest Products
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

GreenFirst Forest Products has lower revenue, but higher earnings than Western Forest Products. GreenFirst Forest Products is trading at a lower price-to-earnings ratio than Western Forest Products, 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$0.22-2.41
GreenFirst Forest ProductsC$409.62M0.29-C$48.80M-C$0.27-2.52

Western Forest Products pays an annual dividend of C$0.05 per share and has a dividend yield of 9.4%. GreenFirst Forest Products pays an annual dividend of C$0.78 per share and has a dividend yield of 114.7%. Western Forest Products pays out -22.7% of its earnings in the form of a dividend. GreenFirst Forest Products pays out -288.9% 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. GreenFirst Forest Products is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Western Forest Products beats GreenFirst Forest Products on 12 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$167.88MC$1.30BC$2.69BC$4.64B
Dividend Yield6.67%15.34%5.18%6.78%
P/E Ratio-2.4157.97134.9022.25
Price / Sales0.1622.79920,946.751,445.25
Price / Cash10.1818.0923.4574.09
Price / Book0.300.973.783.44
Net Income-C$68.50M-C$53.60MC$156.45MC$274.36M
7 Day PerformanceN/A-0.25%0.01%0.63%
1 Month Performance-10.92%-4.62%2.07%0.12%
1 Year Performance-52.25%-9.34%159.07%21.98%

Western Forest Products Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GFP
GreenFirst Forest Products
0 of 5 stars
C$0.73
+1.4%
N/A-47.7%C$129.63MC$409.62M-2.701,100Positive News
Gap Up
GDL
Goodfellow
0 of 5 stars
C$14.93
-0.1%
N/A+23.8%C$127.05MC$512.23M8.63687
ADN
Acadian Timber
0.656 of 5 stars
C$17.49
+0.5%
C$18.75
+7.2%
+8.3%C$301.70MC$93.48M10.115Upcoming Earnings
News Coverage
SMT
Sierra Metals
0.5372 of 5 stars
C$0.82
-3.5%
C$1.00
+22.0%
+120.5%C$171.95MC$229.54M-16.401,156Upcoming Earnings
LUC
Lucara Diamond
0 of 5 stars
C$0.37
+5.8%
N/A-32.0%C$167.20MC$177.37M-7.30324Upcoming Earnings
FSY
Forsys Metals
0 of 5 stars
C$0.90
-5.3%
N/A+109.4%C$175.65MN/A-22.5012Upcoming Earnings
Gap Down
ITH
International Tower Hill Mines
0 of 5 stars
C$0.83
-2.4%
N/A+21.3%C$165.74MN/A-27.673Gap Down
PTM
Platinum Group Metals
0 of 5 stars
C$1.74
-8.4%
N/A-17.6%C$178.32MN/A-21.7513
BOS
AirBoss of America
0.1408 of 5 stars
C$5.87
-1.3%
C$5.79
-1.3%
-18.0%C$159.25MC$426.02M-2.811,197Upcoming Earnings
Analyst Report
News Coverage
AII
Almonty Industries
0 of 5 stars
C$0.63
-6.0%
N/A+4.9%C$158.99MC$22.51M-15.75403Upcoming Earnings

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This page (TSE:WEF) was last updated on 5/7/2024 by MarketBeat.com Staff

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