Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.

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Canfor Corp > Canfor Corp RBC Report (target increase to $40)

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Comment by lifeisgood1010on Feb 27, 2021 1:16pm

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Post# 32679240

RE:Canfor Corp RBC Report (target increase to $40)

Thanks Cat,

Very helpfull

But the analysts can't even count.Do the maths of their blended projection of
Price target/base case Our $40 price target is based on a blended multiple of ~6.5x on our Trend EBITDA of $815MM (85%) and our 2021E EBITDA of $1.8B (15%).

85% of $815m and 15% of $1.8B is $7.69 EBITDA/ share
so $7.69 x 6.5=$50
If you take 7 time it's $53.82

Any witch way you look at these figure tells me that analyts are low balling their price targets

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