Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.

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Interfor Corp > Brian Madden - Don't Buy

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Comment by Apaulsonon Dec 16, 2022 7:42am

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Post# 35175185

RE:RE:Brian Madden - Don't Buy

The lumber companies' financial positions today are pretty unbelivable Take Canfor for example:

CFP has $1.307 billion in net cash, which is $10.68 per share in cash.

They're trading at $22.87. Deduct the net cash, they're only trading at $12.19.

At the current price, their Price to Book is 0.633.

If you exclude the net cash, their Price to Book is 0.337. So in other words, based on their productive tangible assets excluding cash, they're trading almost at an all time low.

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