Western Forest Products Inc
Western Forest Products Inc., together with its subsidiaries, operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. The company is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It also provides decking, timber, outd… Read more
Western Forest Products Inc (WFSTF) - Net Assets
Latest net assets as of June 2025: $558.30 Million USD
Based on the latest financial reports, Western Forest Products Inc (WFSTF) has net assets worth $558.30 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($837.60 Million) and total liabilities ($279.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $558.30 Million |
| % of Total Assets | 66.65% |
| Annual Growth Rate | 5.9% |
| 5-Year Change | 12.01% |
| 10-Year Change | 24.22% |
| Growth Volatility | 80.5 |
Western Forest Products Inc - Net Assets Trend (2000–2024)
This chart illustrates how Western Forest Products Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Western Forest Products Inc (2000–2024)
The table below shows the annual net assets of Western Forest Products Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $566.30 Million | -0.28% |
| 2023-12-31 | $567.90 Million | -12.86% |
| 2022-12-31 | $651.70 Million | +5.59% |
| 2021-12-31 | $617.20 Million | +22.07% |
| 2020-12-31 | $505.60 Million | +4.77% |
| 2019-12-31 | $482.60 Million | -15.76% |
| 2018-12-31 | $572.90 Million | +1.81% |
| 2017-12-31 | $562.70 Million | +7.69% |
| 2016-12-31 | $522.50 Million | +14.61% |
| 2015-12-31 | $455.90 Million | +11.71% |
| 2014-12-31 | $408.10 Million | +6.72% |
| 2013-12-31 | $382.40 Million | +6.91% |
| 2012-12-31 | $357.70 Million | +3.02% |
| 2011-12-31 | $347.20 Million | +14.55% |
| 2010-12-31 | $303.10 Million | +9.23% |
| 2009-12-31 | $277.50 Million | -8.39% |
| 2008-12-31 | $302.90 Million | -23.51% |
| 2007-12-31 | $396.00 Million | -9.79% |
| 2006-12-31 | $439.00 Million | +297.29% |
| 2005-12-31 | $110.50 Million | -55.75% |
| 2004-12-31 | $249.71 Million | +177.24% |
| 2003-12-31 | $-323.30 Million | -22.37% |
| 2002-12-31 | $-264.21 Million | -74.63% |
| 2001-12-31 | $-151.30 Million | -205.85% |
| 2000-12-31 | $142.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Forest Products Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13580000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $135.80 Million | 24.33% |
| Common Stock | $405.40 Million | 72.63% |
| Other Comprehensive Income | $8.10 Million | 1.45% |
| Other Components | $8.90 Million | 1.59% |
| Total Equity | $558.20 Million | 100.00% |
Western Forest Products Inc Competitors by Market Cap
The table below lists competitors of Western Forest Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eminence Minerals Limited
AU:EMA
|
$2.39 Million |
|
Next Biometrics Group ASA
OL:NEXT
|
$2.39 Million |
|
RYL CARIBBEAN CRU
MU:RC8
|
$2.39 Million |
|
PT Logisticsplus International Tbk
JK:LOPI
|
$2.40 Million |
|
Cann Group Ltd
AU:CAN
|
$2.39 Million |
|
Ho Hup Construction Company
KLSE:5169
|
$2.39 Million |
|
Artego Tg. Jiu
RO:ARTE
|
$2.39 Million |
|
Teligent Inc
PINK:TGNT
|
$2.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Forest Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 565,000,000 to 558,200,000, a change of -6,800,000 (-1.2%).
- Net loss of 30,400,000 reduced equity.
- Other comprehensive income increased equity by 6,200,000.
- Other factors increased equity by 17,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.40 Million | -5.45% |
| Other Comprehensive Income | $6.20 Million | +1.11% |
| Other Changes | $17.40 Million | +3.12% |
| Total Change | $- | -1.20% |
Book Value vs Market Value Analysis
This analysis compares Western Forest Products Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $292.25 | $0.28 | x |
| 2005-12-31 | $129.32 | $0.28 | x |
| 2006-12-31 | $90.44 | $0.28 | x |
| 2007-12-31 | $58.12 | $0.28 | x |
| 2008-12-31 | $44.46 | $0.28 | x |
| 2009-12-31 | $18.40 | $0.28 | x |
| 2010-12-31 | $19.15 | $0.28 | x |
| 2011-12-31 | $21.99 | $0.28 | x |
| 2012-12-31 | $22.81 | $0.28 | x |
| 2013-12-31 | $25.88 | $0.28 | x |
| 2014-12-31 | $30.85 | $0.28 | x |
| 2015-12-31 | $34.30 | $0.28 | x |
| 2016-12-31 | $39.28 | $0.28 | x |
| 2017-12-31 | $42.24 | $0.28 | x |
| 2018-12-31 | $43.39 | $0.28 | x |
| 2019-12-31 | $38.28 | $0.28 | x |
| 2020-12-31 | $40.33 | $0.28 | x |
| 2021-12-31 | $50.80 | $0.28 | x |
| 2022-12-31 | $1.99 | $0.28 | x |
| 2023-12-31 | $53.52 | $0.28 | x |
| 2024-12-31 | $52.87 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Forest Products Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.86%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.64x
- Recent ROE (-5.45%) is below the historical average (-1.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.62x | 7.23x | $-14.29 Million |
| 2001 | 0.00% | 0.00% | 0.79x | 0.00x | $0.00 |
| 2002 | 0.00% | 0.00% | 0.75x | 0.00x | $0.00 |
| 2003 | 0.00% | 0.00% | 0.79x | 0.00x | $0.00 |
| 2004 | -2.19% | -1.69% | 0.47x | 2.79x | $-30.44 Million |
| 2005 | -126.33% | -20.94% | 1.16x | 5.21x | $-150.65 Million |
| 2006 | 7.54% | 3.69% | 1.01x | 2.03x | $-10.80 Million |
| 2007 | -14.09% | -6.27% | 1.09x | 2.06x | $-95.40 Million |
| 2008 | -28.26% | -10.51% | 1.12x | 2.40x | $-115.89 Million |
| 2009 | -27.14% | -12.97% | 1.01x | 2.08x | $-103.05 Million |
| 2010 | 9.14% | 4.15% | 1.14x | 1.94x | $-2.61 Million |
| 2011 | 6.91% | 2.81% | 1.38x | 1.78x | $-10.72 Million |
| 2012 | 8.14% | 3.14% | 1.53x | 1.69x | $-6.67 Million |
| 2013 | 32.79% | 12.83% | 1.46x | 1.75x | $87.16 Million |
| 2014 | 16.76% | 6.60% | 1.49x | 1.70x | $27.59 Million |
| 2015 | 16.17% | 6.81% | 1.46x | 1.63x | $28.11 Million |
| 2016 | 18.03% | 7.93% | 1.53x | 1.49x | $41.95 Million |
| 2017 | 13.22% | 6.51% | 1.43x | 1.42x | $18.13 Million |
| 2018 | 12.08% | 5.78% | 1.40x | 1.49x | $11.91 Million |
| 2019 | -9.69% | -5.78% | 1.03x | 1.62x | $-94.88 Million |
| 2020 | 6.56% | 3.43% | 1.13x | 1.69x | $-17.35 Million |
| 2021 | 32.90% | 14.21% | 1.48x | 1.57x | $140.19 Million |
| 2022 | 9.53% | 4.27% | 1.55x | 1.44x | $-3.02 Million |
| 2023 | -12.12% | -6.73% | 1.11x | 1.62x | $-125.00 Million |
| 2024 | -5.45% | -2.86% | 1.16x | 1.64x | $-86.22 Million |
Industry Comparison
This section compares Western Forest Products Inc's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $321,698,694
- Average return on equity (ROE) among peers: 5.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Forest Products Inc (WFSTF) | $558.30 Million | 0.00% | 0.50x | $2.39 Million |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Canfor Corporation (CFPZF) | $678.90 Million | -8.38% | 2.00x | $526.98 Million |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |
| EcoLogix Resource Group Inc (EXRG) | $-2.83 Million | 0.00% | 0.00x | $0.93 |