# Interfor Corporation (IFP.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Paper & Forest Products. Price C$13.70, market value C$901 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Interfor Corporation 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.
- **Free-cash-flow yield: -5.3%** (5-yr avg 12.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 1.5%**. Interfor Corporation keeps 1.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 1.4%**. 1.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -12.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -27.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 1.4%**. Return on all capital, debt included, is 1.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -14.1%**. Each dollar of assets produces -14.1% of profit.

## Growth
- **Revenue growth (1 yr): -7.2%** (3-yr -15.1%/yr, 5-yr 5.1%/yr). Revenue fell 7.2% over the last year, against 5.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -5.9%**. Earnings per share fell 5.9%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.69**. Debt is 0.69 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. Interfor Corporation holds more cash than debt.
- **Interest coverage: 0.5×**. Operating profit covers interest only 0.5×: fragile.
- **Current ratio: 1.78** (quick 0.81). Current assets cover the next year's liabilities 1.78 times.
- **Altman Z-score: 2.06**. A Z-score of 2.06 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Interfor Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 6.7%** (YTD 60.0%, 3-mo 28.6%). The shares are up 6.7% over twelve months including dividends.
- **From 52-week high: -10.3%** (94.3% 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): 1.06** (volatility 50%). Beta of 1.06 against the S&P/TSX Composite: the shares move roughly with the market.

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

Not investment advice.