RE:Wow...burp!Excellent analogy. They are printing money, sending much to shareholders, and still building a commendable warchest.
They have all but iced the debt too.
OSB prices over $275 are basically a bonus. They are stuck above $400 for the long haul I think. Graph below for current levels.
Selling would be a mistake given this tremendous business climate.
When in doubt, see what Paul Quinn thinks. Here is his RBC take:
Valuation (4/2/2018): Our $60 price target supports our Top Pick rating. We value Norbord on a blended 7.5x EV/EBITDA multiple of our trend EBITDA estimate of $550 million (85%) and our 2018E EBITDA of $758 million (15%). We believe the shares should trade at a multiple above the high end of the typical Canadian paper & forest products trading range (5.0x to 7.0x), reflecting very positive near-term supply-demand fundamentals and operating momentum. 