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 |
|---|---|---|---|---|---|---|---|---|
| CFF | Conifex Timber | 0.68 | 1.23 | 0.55 (81.3%) | 79694 | 27.4 | 0.0 | 0.0 |
| KLX | Klimat X Developments | 0.09 | 0.11 | 0.02 (24.8%) | 134456 | 7.9 | 0.0 | 0.0 |
| CFX | Canfor Pulp Products | 1.79 | 2.23 | 0.43 (24.3%) | 23128 | 116.8 | 0.0 | 0.0 |
| IFP | Interfor | 23.08 | 28.20 | 5.12 (22.2%) | 215474 | 1187.3 | 0.0 | 0.0 |
| GDL | Goodfellow | 14.03 | 15.29 | 1.26 (8.9%) | 2336 | 119.7 | 7.2 | 7.0 |
| WEF | Western Forest Products | 0.70 | 0.76 | 0.06 (8.9%) | 406547 | 221.7 | 5.4 | 0.0 |
| WBE | WestBond Enterprises | 0.15 | 0.17 | 0.01 (8.1%) | 27750 | 5.5 | 3.6 | 0.0 |
| GFP | GreenFirst Forest Prods | 0.86 | 0.91 | 0.05 (6.0%) | 48533 | 163.4 | 0.0 | 0.0 |
| ADN | Acadian Timber | 17.50 | 18.45 | 0.95 (5.4%) | 5756 | 299.1 | 6.7 | 7.4 |
All data provided as of January 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Goodfellow
Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.
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)
- Analyst Consensus
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.
