Goodfellow: Top 10 Undervalued Forest Products Industry Stocks (GDL)
Goodfellow is now ranked among the top 10 undervalued stocks in the Forest Products industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Forest Products: Companies that grow timber, mill lumber, and manufacture wood and wood products for construction. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| GFP-T | GreenFirst Forest Prods | 1.55 | 1.7 | 0.15 (9.64) | 91,868 | 275.2 | 0 | 3.1 |
| WEF-T | Western Forest Products | 1.13 | 1.7 | 0.57 (50.44) | 866,779 | 367.6 | 4 | 3.3 |
| CFP-T | Canfor | 24.2 | 26.06 | 1.86 (7.7) | 259,770 | 2,965 | 0 | 3.1 |
| KLX-X | Klimat X Developments | 0.12 | 0.18 | 0.06 (53.53) | 26,397 | 4.8 | 0 | 0 |
| ADN-T | Acadian Timber | 14.71 | 16.24 | 1.53 (10.4) | 6,836 | 245 | 7.9 | 12.3 |
| RFP-T | Resolute Forest Prods | 28.41 | 29.18 | 0.77 (2.71) | 15,766 | 2,227.3 | 0 | 3.9 |
| SJ-T | Stella-Jones | 46.62 | 48.43 | 1.81 (3.88) | 122,186 | 2,829.8 | 1.7 | 12.8 |
| CFX-T | Canfor Pulp Products | 4.47 | 5.31 | 0.84 (18.84) | 15,410 | 291.6 | 0 | 0 |
| GDL-T | Goodfellow | 12.25 | 12.91 | 0.66 (5.4) | 6,747 | 104.9 | 7.3 | 2.7 |
| IFP-T | Interfor | 25.93 | 38.6 | 12.67 (48.87) | 234,510 | 1,407 | 0 | 2 |
More about Goodfellow
All data provided as-at market close November 17, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Goodfellow Goodfellow Inc is engaged in the re-manufacturing, distribution and brokerage of lumber and wood products. Its products include decking, flooring, lumber, insulation, roofing, and among others. Goodfellow is listed under GDL on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
