Interfor Corp (IFP) - Net Assets
Based on the latest financial reports, Interfor Corp (IFP) has net assets worth CA$1.22 Billion CAD (≈ $884.41 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.78 Billion ≈ $2.01 Billion USD) and total liabilities (CA$1.56 Billion ≈ $1.13 Billion USD). 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. Check Interfor Corp (IFP) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.22 Billion |
| % of Total Assets | 43.97% |
| Annual Growth Rate | 5.03% |
| 5-Year Change | -22.49% |
| 10-Year Change | 61.19% |
| Growth Volatility | 16.72 |
Interfor Corp - Net Assets Trend (1993–2025)
This chart illustrates how Interfor Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Interfor Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Interfor Corp (1993–2025)
The table below shows the annual net assets of Interfor Corp from 1993 to 2025. For live valuation and market cap data, see Interfor Corp (IFP) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.27 Billion ≈ $917.25 Million |
-17.26% |
| 2024-12-31 | CA$1.53 Billion ≈ $1.11 Billion |
-11.44% |
| 2023-12-31 | CA$1.73 Billion ≈ $1.25 Billion |
-14.63% |
| 2022-12-31 | CA$2.03 Billion ≈ $1.47 Billion |
+23.90% |
| 2021-12-31 | CA$1.64 Billion ≈ $1.18 Billion |
+51.44% |
| 2020-12-31 | CA$1.08 Billion ≈ $781.48 Million |
+30.00% |
| 2019-12-31 | CA$830.98 Million ≈ $601.12 Million |
-14.69% |
| 2018-12-31 | CA$974.07 Million ≈ $704.62 Million |
+14.03% |
| 2017-12-31 | CA$854.19 Million ≈ $617.91 Million |
+8.58% |
| 2016-12-31 | CA$786.67 Million ≈ $569.06 Million |
+8.47% |
| 2015-12-31 | CA$725.25 Million ≈ $524.64 Million |
+13.95% |
| 2014-12-31 | CA$636.48 Million ≈ $460.42 Million |
+23.56% |
| 2013-12-31 | CA$515.14 Million ≈ $372.64 Million |
+36.99% |
| 2012-12-31 | CA$376.03 Million ≈ $272.01 Million |
-3.78% |
| 2011-12-31 | CA$390.82 Million ≈ $282.71 Million |
+12.54% |
| 2010-12-31 | CA$347.28 Million ≈ $251.21 Million |
-2.99% |
| 2009-12-31 | CA$357.99 Million ≈ $258.97 Million |
-12.01% |
| 2008-12-31 | CA$406.84 Million ≈ $294.30 Million |
-4.99% |
| 2007-12-31 | CA$428.20 Million ≈ $309.75 Million |
-10.42% |
| 2006-12-31 | CA$478.00 Million ≈ $345.78 Million |
+23.67% |
| 2005-12-31 | CA$386.52 Million ≈ $279.60 Million |
+3.69% |
| 2004-12-31 | CA$372.75 Million ≈ $269.64 Million |
+8.46% |
| 2003-12-31 | CA$343.68 Million ≈ $248.61 Million |
+16.93% |
| 2002-12-31 | CA$293.92 Million ≈ $212.62 Million |
+14.35% |
| 2001-12-31 | CA$257.04 Million ≈ $185.94 Million |
-3.14% |
| 2000-12-31 | CA$265.37 Million ≈ $191.97 Million |
+6.11% |
| 1999-12-31 | CA$250.10 Million ≈ $180.92 Million |
-11.15% |
| 1998-12-31 | CA$281.50 Million ≈ $203.63 Million |
-17.28% |
| 1997-12-31 | CA$340.30 Million ≈ $246.17 Million |
+0.24% |
| 1996-12-31 | CA$339.50 Million ≈ $245.59 Million |
-7.34% |
| 1995-12-31 | CA$366.40 Million ≈ $265.05 Million |
+15.04% |
| 1994-12-31 | CA$318.50 Million ≈ $230.40 Million |
+20.78% |
| 1993-12-31 | CA$263.70 Million ≈ $190.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Interfor Corp'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 724.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$528.50 Million | 41.68% |
| Common Stock | CA$546.10 Million | 43.07% |
| Other Comprehensive Income | CA$186.70 Million | 14.72% |
| Other Components | CA$6.70 Million | 0.53% |
| Total Equity | CA$1.27 Billion | 100.00% |
Interfor Corp Competitors by Market Cap
The table below lists competitors of Interfor Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Dragon Corp
SHG:600630
|
$563.89 Million |
|
ShaoYang Victor Hydraulics Co.Ltd
SHE:301079
|
$563.96 Million |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
$564.02 Million |
|
ForFarmers NV
AS:FFARM
|
$564.30 Million |
|
SZZT Electronics Co Ltd
SHE:002197
|
$563.68 Million |
|
Hubei Xiangyuan New Material Technology Inc.
SHE:300980
|
$563.27 Million |
|
Network18 Media & Investments Limited
NSE:NETWORK18
|
$562.99 Million |
|
HCR Co Ltd
SHG:688500
|
$562.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Interfor Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,532,500,000 to 1,268,000,000, a change of -264,500,000 (-17.3%).
- Net loss of 344,400,000 reduced equity.
- Share repurchases of 137,100,000 reduced equity.
- New share issuances of 137,100,000 increased equity.
- Other comprehensive income decreased equity by 60,200,000.
- Other factors increased equity by 140,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-344.40 Million | -27.16% |
| Share Repurchases | CA$137.10 Million | -10.81% |
| Share Issuances | CA$137.10 Million | +10.81% |
| Other Comprehensive Income | CA$-60.20 Million | -4.75% |
| Other Changes | CA$140.10 Million | +11.05% |
| Total Change | CA$- | -17.26% |
Book Value vs Market Value Analysis
This analysis compares Interfor Corp'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: 0.51x
- 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.
- The price-to-book ratio has decreased from 1.46x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$8.10 | CA$11.85 | x |
| 1994-12-31 | CA$9.76 | CA$11.85 | x |
| 1995-12-31 | CA$10.49 | CA$11.85 | x |
| 1996-12-31 | CA$9.61 | CA$11.85 | x |
| 1997-12-31 | CA$8.51 | CA$11.85 | x |
| 1998-12-31 | CA$8.01 | CA$11.85 | x |
| 1999-12-31 | CA$7.10 | CA$11.85 | x |
| 2000-12-31 | CA$7.78 | CA$11.85 | x |
| 2001-12-31 | CA$7.45 | CA$11.85 | x |
| 2002-12-31 | CA$8.16 | CA$11.85 | x |
| 2003-12-31 | CA$8.78 | CA$11.85 | x |
| 2004-12-31 | CA$7.54 | CA$11.85 | x |
| 2005-12-31 | CA$7.84 | CA$11.85 | x |
| 2006-12-31 | CA$9.76 | CA$11.85 | x |
| 2007-12-31 | CA$9.00 | CA$11.85 | x |
| 2008-12-31 | CA$8.64 | CA$11.85 | x |
| 2009-12-31 | CA$7.60 | CA$11.85 | x |
| 2010-12-31 | CA$7.37 | CA$11.85 | x |
| 2011-12-31 | CA$7.29 | CA$11.85 | x |
| 2012-12-31 | CA$6.73 | CA$11.85 | x |
| 2013-12-31 | CA$8.93 | CA$11.85 | x |
| 2014-12-31 | CA$9.64 | CA$11.85 | x |
| 2015-12-31 | CA$10.44 | CA$11.85 | x |
| 2016-12-31 | CA$11.23 | CA$11.85 | x |
| 2017-12-31 | CA$12.19 | CA$11.85 | x |
| 2018-12-31 | CA$13.96 | CA$11.85 | x |
| 2019-12-31 | CA$12.35 | CA$11.85 | x |
| 2020-12-31 | CA$16.09 | CA$11.85 | x |
| 2021-12-31 | CA$25.66 | CA$11.85 | x |
| 2022-12-31 | CA$36.78 | CA$11.85 | x |
| 2023-12-31 | CA$33.64 | CA$11.85 | x |
| 2024-12-31 | CA$29.79 | CA$11.85 | x |
| 2025-12-31 | CA$23.03 | CA$11.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Interfor Corp 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): -27.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.27%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.15x
- Recent ROE (-27.16%) is below the historical average (2.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 27.04% | 10.94% | 1.54x | 1.61x | CA$44.93 Million |
| 1994 | 17.21% | 7.06% | 1.53x | 1.59x | CA$22.95 Million |
| 1995 | 5.43% | 2.14% | 1.25x | 2.03x | CA$-16.74 Million |
| 1996 | -8.01% | -3.51% | 1.05x | 2.18x | CA$-61.15 Million |
| 1997 | 0.12% | 0.05% | 1.06x | 2.09x | CA$-33.63 Million |
| 1998 | -20.85% | -9.83% | 1.09x | 1.95x | CA$-86.85 Million |
| 1999 | -12.51% | -4.73% | 1.43x | 1.84x | CA$-56.31 Million |
| 2000 | 10.41% | 3.70% | 1.81x | 1.56x | CA$1.07 Million |
| 2001 | -9.43% | -3.40% | 1.34x | 2.07x | CA$-49.94 Million |
| 2002 | 13.60% | 5.10% | 1.46x | 1.83x | CA$10.59 Million |
| 2003 | -6.69% | -3.81% | 1.29x | 1.36x | CA$-57.36 Million |
| 2004 | 6.63% | 2.97% | 1.47x | 1.52x | CA$-12.56 Million |
| 2005 | 5.10% | 2.36% | 1.40x | 1.55x | CA$-18.93 Million |
| 2006 | 19.99% | 11.59% | 1.22x | 1.41x | CA$47.73 Million |
| 2007 | -3.11% | -2.18% | 1.12x | 1.28x | CA$-56.14 Million |
| 2008 | -14.06% | -13.08% | 0.66x | 1.64x | CA$-97.88 Million |
| 2009 | -6.67% | -6.13% | 0.67x | 1.63x | CA$-59.69 Million |
| 2010 | -1.13% | -0.63% | 1.02x | 1.76x | CA$-38.66 Million |
| 2011 | -3.44% | -1.77% | 1.23x | 1.57x | CA$-52.54 Million |
| 2012 | -2.32% | -1.03% | 1.34x | 1.68x | CA$-46.31 Million |
| 2013 | 8.20% | 3.82% | 1.34x | 1.60x | CA$-9.27 Million |
| 2014 | 6.39% | 2.81% | 1.35x | 1.68x | CA$-22.96 Million |
| 2015 | -4.19% | -1.80% | 1.21x | 1.92x | CA$-102.91 Million |
| 2016 | 8.34% | 3.66% | 1.38x | 1.65x | CA$-13.02 Million |
| 2017 | 11.37% | 4.88% | 1.47x | 1.58x | CA$11.73 Million |
| 2018 | 11.47% | 5.11% | 1.43x | 1.57x | CA$14.27 Million |
| 2019 | -12.49% | -5.53% | 1.40x | 1.61x | CA$-186.88 Million |
| 2020 | 25.95% | 12.84% | 1.18x | 1.71x | CA$172.26 Million |
| 2021 | 50.06% | 24.90% | 1.26x | 1.59x | CA$655.41 Million |
| 2022 | 29.51% | 13.05% | 1.27x | 1.79x | CA$395.50 Million |
| 2023 | -15.42% | -8.05% | 0.98x | 1.97x | CA$-439.84 Million |
| 2024 | -19.86% | -10.06% | 0.98x | 2.01x | CA$-457.55 Million |
| 2025 | -27.16% | -12.27% | 1.03x | 2.15x | CA$-471.20 Million |
Industry Comparison
This section compares Interfor Corp's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $603,333,214
- Average return on equity (ROE) among peers: 14.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Interfor Corp (IFP) | CA$1.22 Billion | 27.04% | 1.27x | $563.76 Million |
| Acadian Timber Corp (ADN) | $248.61 Million | 17.39% | 0.63x | $237.11 Million |
| Conifex Timber Inc (CFF) | $171.81K | -19.46% | 0.09x | $3.47 Million |
| Canfor Corporation (CFP) | $1.60 Billion | 14.31% | 0.69x | $1.21 Billion |
| Goodfellow Inc. (GDL) | $160.95 Million | 23.51% | 0.48x | $69.46 Million |
| Stella-Jones Inc. (SJ) | $65.63 Million | 18.78% | 1.10x | $3.24 Billion |
| Western Forest Products Inc (WEF) | $617.20 Million | 32.63% | 0.55x | $143.36 Million |
| West Fraser Timber Co Ltd (WFG) | $1.53 Billion | 10.84% | 0.74x | $5.39 Billion |
About Interfor Corp
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, v-joint paneling, fineline paneling, siding products, and structural lumber products. The company also provides stock for windows and doors; supplies specialty materials; and logs and wood chips. Its pr… Read more