Canfor Historical Financial Ratios
CFX Stock | CAD 0.86 0.03 3.61% |
Canfor Pulp is presently reporting on over 92 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0084, PTB Ratio of 0.33 or Days Sales Outstanding of 21.51 will help investors to properly organize and evaluate Canfor Pulp Products financial condition quickly.
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About Canfor Financial Ratios Analysis
Canfor Pulp ProductsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canfor Pulp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canfor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canfor Pulp history.
Canfor Pulp Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canfor Pulp Products stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canfor Pulp sales, a figure that is much harder to manipulate than other Canfor Pulp Products multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Canfor Pulp Products dividend as a percentage of Canfor Pulp stock price. Canfor Pulp Products dividend yield is a measure of Canfor Pulp stock productivity, which can be interpreted as interest rate earned on an Canfor Pulp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Canfor Pulp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canfor Pulp Products current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canfor Pulp Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Canfor Pulp's EV To Operating Cash Flow is very stable compared to the past year. As of the 4th of December 2024, Intangibles To Total Assets is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 0.13.
2020 | 2023 (projected) | Dividend Yield | 0.007684 | 0.008836 | Price To Sales Ratio | 0.54 | 0.13 |
Canfor Pulp fundamentals Correlations
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Canfor Pulp Account Relationship Matchups
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Canfor Pulp fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.77 | 0.5 | 0.54 | 0.38 | 0.25 | 0.13 | |
Dividend Yield | 0.019 | 0.15 | 0.0301 | 0.007684 | 0.008836 | 0.008394 | |
Ptb Ratio | 0.98 | 1.0 | 0.88 | 0.63 | 0.35 | 0.33 | |
Days Sales Outstanding | 39.19 | 38.29 | 24.29 | 30.23 | 22.64 | 21.51 | |
Book Value Per Share | 8.56 | 8.16 | 7.59 | 6.55 | 5.17 | 8.26 | |
Free Cash Flow Yield | (0.0799) | 0.0425 | 0.16 | (0.25) | (0.21) | (0.2) | |
Operating Cash Flow Per Share | 0.91 | 1.47 | 2.28 | 0.69 | 0.56 | 0.53 | |
Pb Ratio | 0.98 | 1.0 | 0.88 | 0.63 | 0.35 | 0.33 | |
Ev To Sales | 0.56 | 0.58 | 0.36 | 0.3 | 0.23 | 0.22 | |
Free Cash Flow Per Share | (0.67) | 0.35 | 1.08 | (1.03) | (0.37) | (0.35) | |
Roic | (0.0416) | (0.0318) | 0.0518 | (0.065) | (0.21) | (0.2) | |
Inventory Turnover | 4.41 | 4.27 | 4.07 | 4.73 | 4.67 | 4.92 | |
Net Income Per Share | (0.47) | (0.34) | (0.68) | (1.21) | (1.47) | (1.4) | |
Days Of Inventory On Hand | 82.72 | 85.52 | 89.67 | 77.14 | 78.18 | 65.46 | |
Payables Turnover | 7.88 | 6.55 | 8.34 | 7.84 | 6.06 | 9.69 | |
Sales General And Administrative To Revenue | 0.0237 | 0.0239 | 0.0247 | 0.0267 | 0.0315 | 0.0285 | |
Capex To Revenue | 0.0947 | 0.074 | 0.0687 | 0.1 | 0.0691 | 0.0614 | |
Cash Per Share | 0.092 | 0.1 | 1.12 | 0.23 | 0.32 | 0.57 | |
Pocfratio | 9.18 | 5.56 | 2.93 | 5.96 | 3.23 | 3.07 | |
Interest Coverage | (5.6) | (4.77) | 8.08 | (6.26) | (10.12) | (9.61) | |
Payout Ratio | 0.16 | 0.89 | (0.54) | (0.18) | (0.21) | (0.2) | |
Capex To Operating Cash Flow | 1.73 | 0.76 | 0.53 | 2.49 | 1.67 | 1.75 | |
Pfcf Ratio | (12.51) | 23.51 | 6.22 | (4.01) | (4.85) | (4.61) | |
Days Payables Outstanding | 46.29 | 55.76 | 43.78 | 46.53 | 60.18 | 35.02 | |
Income Quality | (1.95) | (4.29) | (3.35) | (0.57) | (0.38) | (0.36) | |
Roe | (0.0546) | (0.0421) | (0.0897) | (0.19) | (0.29) | (0.27) | |
Ev To Operating Cash Flow | 10.21 | 6.03 | 2.79 | 7.13 | 5.66 | 8.9 | |
Pe Ratio | (17.88) | (23.82) | (9.83) | (3.41) | (1.22) | (1.16) | |
Return On Tangible Assets | 0.2 | (0.0341) | (0.0249) | (0.0538) | (0.11) | (0.14) | |
Ev To Free Cash Flow | (13.91) | 25.52 | 5.93 | (4.8) | (8.49) | (8.07) | |
Earnings Yield | (0.0559) | (0.042) | (0.1) | (0.29) | (0.82) | (0.78) | |
Intangibles To Total Assets | 0.0281 | 0.0223 | 0.0197 | 0.0175 | 0.0112 | 0.0134 | |
Net Debt To E B I T D A | 1.06 | 0.83 | (0.69) | (10.84) | (2.52) | (2.4) | |
Tangible Book Value Per Share | 8.16 | 7.85 | 7.33 | 6.35 | 5.05 | 8.15 | |
Receivables Turnover | 9.31 | 9.53 | 15.02 | 12.08 | 16.12 | 8.77 | |
Graham Number | 9.49 | 7.94 | 10.78 | 13.37 | 13.09 | 14.23 | |
Shareholders Equity Per Share | 8.56 | 8.16 | 7.59 | 6.55 | 5.17 | 8.26 |
Pair Trading with Canfor Pulp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canfor Pulp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canfor Pulp will appreciate offsetting losses from the drop in the long position's value.Moving against Canfor Stock
The ability to find closely correlated positions to Canfor Pulp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canfor Pulp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canfor Pulp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canfor Pulp Products to buy it.
The correlation of Canfor Pulp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canfor Pulp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor Pulp Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canfor Pulp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Canfor Stock
Canfor Pulp ProductsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canfor Pulp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canfor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canfor Pulp history.