Taiga Building Products Ltd TGAFF

Primary Symbol: T.TBL

Industrials Industrial Distribution

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.

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Taiga Building Products Ltd > takeover?

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Comment by Stocker46on May 31, 2021 8:06pm

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Post# 33300227

RE:RE:RE:RE:RE:takeover?

Hard to find companies with a 100% match (seems the similar companies in the US are mostly private) .. but if you look at the home building materials & supplies wholesalers in general, the P/E ratios in the US run from a low of just over 7 to the mid 50's.

If you apply the lowest (7) to tbl they would be trading over $6.
Personally, I'd like to the SP closer to where it belongs before any buyout would be considered.

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