# Canfor Corp. (CFP.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Paper & Forest Products. Price C$14.40, market value C$1.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Canfor Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 162.8×**. Enterprise value is 162.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -2.1%** (5-yr avg -0.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 8.8%**. Canfor Corp. keeps 8.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -5.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -14.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -31.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -7.9%**. Return on all capital, debt included, is -7.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -13.1%**. Each dollar of assets produces -13.1% of profit.

## Growth
- **Revenue growth (1 yr): 1.6%** (3-yr -10.4%/yr, 5-yr -0.4%/yr). Revenue grew 1.6% over the last year, against -0.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -20.2%**. Earnings per share fell 20.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.37**. Debt is 0.37 times equity: a conservative balance sheet.
- **Interest coverage: -2.4×**. Operating profit covers interest only -2.4×: fragile.
- **Current ratio: 1.45** (quick 0.64). Current assets cover the next year's liabilities 1.45 times.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Canfor Corp. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (7 analysts). 7 analysts cover Canfor Corp.; the consensus is buy, with an average price target of C$17.14 (+19% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 8.9%** (YTD 22.8%, 3-mo 6.7%). The shares are up 8.9% over twelve months including dividends.
- **From 52-week high: -10.4%** (32.6% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.86** (volatility 35%). Beta of 0.86 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CFP.TO · Page: https://foliofundamentals.com/stocks/cfp.to

Not investment advice.