ACADIAN TIMBER CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.09 CAD | +0.17% |
|
+2.43% | +5.48% |
| May. 09 | Transcript : Acadian Timber Corp., Q1 2024 Earnings Call, May 09, 2024 | |
| May. 09 | Transcript : Acadian Timber Corp. - Shareholder/Analyst Call |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 277.7 | 268.7 | 320.1 | 252.7 | 294.7 | 314.6 | - |
| Enterprise Value (EV) 1 | 370.9 | 359.6 | 413.6 | 354.4 | 390.9 | 396.7 | 400.5 |
| P/E ratio | 16 x | 12.2 x | 17.1 x | 7.09 x | 9.97 x | 24.4 x | 17.7 x |
| Yield | 6.97% | 7.2% | 6.05% | 7.75% | 6.76% | 6.41% | 6.41% |
| Capitalization / Revenue | 2.78 x | 2.95 x | 3.34 x | 2.79 x | 3.15 x | 2.5 x | 2.76 x |
| EV / Revenue | 3.71 x | 3.95 x | 4.32 x | 3.92 x | 4.18 x | 3.15 x | 3.52 x |
| EV / EBITDA | 15.7 x | 16.7 x | 18.4 x | 19.5 x | 19 x | 12.3 x | 15.3 x |
| EV / FCF | -87.8 x | 17.7 x | 26 x | 23.9 x | 39.9 x | 12.2 x | 22.6 x |
| FCF Yield | -1.14% | 5.64% | 3.84% | 4.19% | 2.51% | 8.19% | 4.42% |
| Price to Book | 0.97 x | 0.92 x | 1.1 x | 0.83 x | - | 0.95 x | 0.96 x |
| Nbr of stocks (in thousands) | 16,687 | 16,687 | 16,687 | 16,885 | 17,183 | 17,393 | - |
| Reference price 2 | 16.64 | 16.10 | 19.18 | 14.96 | 17.15 | 18.09 | 18.09 |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/7/24 | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 100 | 91.03 | 95.73 | 90.47 | 93.48 | 126.1 | 113.8 |
| EBITDA 1 | 23.6 | 21.48 | 22.49 | 18.19 | 20.59 | 32.15 | 26.15 |
| EBIT 1 | 22.23 | 20.83 | 21.76 | 17.86 | 19.57 | 38 | 25 |
| Operating Margin | 22.22% | 22.88% | 22.73% | 19.75% | 20.93% | 30.13% | 21.97% |
| Earnings before Tax (EBT) 1 | 21.82 | 31.25 | 26.45 | 49.13 | 40.04 | 39.5 | 23.1 |
| Net income | 17.32 | 22.08 | 18.68 | 35.51 | 29.43 | - | - |
| Net margin | 17.32% | 24.26% | 19.52% | 39.25% | 31.49% | - | - |
| EPS 2 | 1.040 | 1.320 | 1.120 | 2.110 | 1.720 | 0.7400 | 1.020 |
| Free Cash Flow 1 | -4.226 | 20.27 | 15.9 | 14.86 | 9.794 | 32.5 | 17.7 |
| FCF margin | -4.22% | 22.26% | 16.61% | 16.42% | 10.48% | 25.77% | 15.55% |
| FCF Conversion (EBITDA) | - | 94.33% | 70.69% | 81.66% | 47.58% | 101.09% | 67.69% |
| FCF Conversion (Net income) | - | 91.78% | 85.08% | 41.84% | 33.27% | - | - |
| Dividend per Share 2 | 1.160 | 1.160 | 1.160 | 1.160 | 1.160 | 1.160 | 1.160 |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/7/24 | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 25.95 | 26.63 | 16.49 | 23.59 | 23.76 | 22.36 | 20.71 | 26.59 | 23.82 | 28.81 | 30.4 | 37 | 29.9 |
| EBITDA 1 | 6.315 | 6.909 | 2.747 | 4.48 | 4.058 | 5.601 | 5.651 | 4.916 | 4.418 | 10.6 | 3 | 8.9 | 7.75 |
| EBIT 1 | 6.166 | 6.838 | 2.684 | 4.406 | 3.937 | 5.304 | 5.217 | 4.733 | 4.312 | 7.598 | 10 | 12 | 5 |
| Operating Margin | 23.76% | 25.68% | 16.27% | 18.67% | 16.57% | 23.72% | 25.19% | 17.8% | 18.11% | 26.37% | 32.89% | 32.43% | 16.72% |
| Earnings before Tax (EBT) 1 | 9.696 | - | 6.351 | 6.638 | 30.3 | 7.902 | 8.147 | 7.608 | 16.39 | 9.001 | 11.4 | 11.7 | 7.4 |
| Net income | 6.541 | 4.158 | 4.516 | 4.831 | 22 | 5.621 | 5.813 | 6.408 | 11.59 | 6.025 | - | - | - |
| Net margin | 25.21% | 15.61% | 27.38% | 20.48% | 92.62% | 25.14% | 28.07% | 24.1% | 48.68% | 20.91% | - | - | - |
| EPS | 0.3900 | 0.2500 | 0.2700 | 0.2900 | 1.300 | 0.3300 | 0.3400 | 0.3700 | 0.6800 | 0.3500 | - | - | - |
| Dividend per Share 2 | 0.2900 | 0.2900 | 0.2900 | 0.2900 | 0.2900 | 0.2900 | 0.2900 | 0.3700 | 0.2900 | - | 0.2900 | 0.2900 | 0.2900 |
| Announcement Date | 2/9/22 | 5/4/22 | 7/27/22 | 10/26/22 | 2/8/23 | 5/3/23 | 7/26/23 | 11/1/23 | 2/7/24 | 5/8/24 | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 93.3 | 90.9 | 93.6 | 102 | 96.2 | 82.1 | 85.9 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.952 x | 4.232 x | 4.161 x | 5.59 x | 4.674 x | 2.554 x | 3.283 x |
| Free Cash Flow 1 | -4.23 | 20.3 | 15.9 | 14.9 | 9.79 | 32.5 | 17.7 |
| ROE (net income / shareholders' equity) | 6% | 7.61% | 6.39% | 6.28% | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 17.20 | 17.60 | 17.50 | 18.00 | - | 19.00 | 18.90 |
| Cash Flow per Share | - | 1.240 | 0.9700 | 0.9100 | - | - | - |
| Capex 1 | 0.09 | 0.35 | 0.33 | 0.38 | 0.62 | 0.5 | 0.8 |
| Capex / Sales | 0.09% | 0.39% | 0.35% | 0.42% | 0.66% | 0.4% | 0.7% |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/8/23 | 2/7/24 | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
18.09
CAD
Average target price
20
CAD
Spread / Average Target
+10.56%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.48% | 230M | |
| -5.95% | 7.25B | |
| -.--% | 1.38B | |
| +4.33% | 850M | |
| -18.18% | 553M | |
| -20.00% | 354M | |
| -31.06% | 277M | |
| +19.65% | 269M | |
| +34.07% | 249M | |
| -5.20% | 225M |
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- Financials Acadian Timber Corp.
