Tearsheet

West Fraser Timber Co.Ltd (WFG)

Market Price (3/30/2026): $63.84 | Market Cap: $5.0 Bil
Sector: Materials | Industry: Forest Products

West Fraser Timber Co.Ltd (WFG)

Market Price (3/30/2026): $63.84
Market Cap: $5.0 Bil
Sector: Materials
Industry: Forest Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Dividend Yield is 2.0%	Weak multi-year price returns 2Y Excs Rtn is -46%, 3Y Excs Rtn is -67%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -473 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.7%
1	Low stock price volatility Vol 12M is 32%	Meaningful short interest Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.73	Expensive valuation multiples P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 52x
2	Megatrend and thematic drivers Megatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, Resource Efficiency Solutions, Show more.		Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -16%, Rev Chg QQuarterly Revenue Change % is -17%
3			Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.7%
4			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -21%
5			Key risks WFG key risks include [1] adverse U.S. Show more.

0	Attractive yield Dividend Yield is 2.0%
1	Low stock price volatility Vol 12M is 32%
2	Megatrend and thematic drivers Megatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, Resource Efficiency Solutions, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -46%, 3Y Excs Rtn is -67%
4	Meaningful short interest Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.73
5	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -473 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.7%
6	Expensive valuation multiples P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 52x
7	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -16%, Rev Chg QQuarterly Revenue Change % is -17%
8	Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.7%
9	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -21%
10	Key risks WFG key risks include [1] adverse U.S. Show more.

Valuation, Metrics & Events

	3/30/26	2025	2024	2023	2022
Share Price CYE	$63.84	$61.11	$86.55	$85.58	$72.29
Market Cap CYE ($ Bil)	5.0	4.8	6.9	7.0	6.1
Total Debt ($ Bil)	0.3	0.3	0.2	0.5	0.5
Total Cash ($ Bil)	0.2	0.2	0.6	0.9	1.2
Enterprise Value ($ Bil)	5.1	5.1	7.1	7.5	6.6
Valuation Ratios
P/S TTM	0.9	0.9	1.1	1.1	0.6
P/EBIT TTM	-4.4	-4.2	110.2	-34.5	2.3
P/E TTM	-5.3	-5.1	-1,388.3	-42.1	3.1
P/FCF TTM	-15.9	-15.2	40.1	146.5	3.5
Sector Ratios
P/S TTM (Sector)	1.8	1.5	1.4	1.4	1.1
P/EBIT TTM (Sector)	5.5	5.8	6.6	6.7	5.4
P/E TTM (Sector)	-0.6	-0.7	4.1	7.5	4.8
P/FCF TTM (Sector)	5.0	4.8	6.1	4.8	1.8

	3/30/26	2025	2024
Share Price CYE	$63.84	$61.11	$86.55
Market Cap CYE ($ Bil)	5.0	4.8	6.9
Total Debt ($ Bil)	0.3	0.3	0.2
Total Cash ($ Bil)	0.2	0.2	0.6
Enterprise Value ($ Bil)	5.1	5.1	7.1
Valuation Ratios
P/S TTM	0.9	0.9	1.1
P/EBIT TTM	-4.4	-4.2	110.2
P/E TTM	-5.3	-5.1	-1,388.3
P/FCF TTM	-15.9	-15.2	40.1
Sector Ratios
P/S TTM (Sector)	1.8	1.5	1.4
P/EBIT TTM (Sector)	5.5	5.8	6.6
P/E TTM (Sector)	-0.6	-0.7	4.1
P/FCF TTM (Sector)	5.0	4.8	6.1

	WFG	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	5.5
Rev Chg Q	-17.1%	7.3%
Rev Chg LTM	-11.5%	6.7%
Rev Chg 3Y Avg	-16.4%	5.7%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.5
CFO LTM ($ Bil)	0.1
Net Inc LTM ($ Bil)	-0.9
Op Mgn LTM	-8.7%	18.6%
CFO/Rev LTM	1.8%	20.7%
Net Inc Mgn	-17.2%	12.8%
VALUATION	VERY LOW
P/S	0.9	3.1
P/CFO	52.1	14.8
P/FCF	-15.9	19.4
P/E	-5.3	23.7
STABILITY	GOOD
Debt/Equity	0.07	0.22
Cash/Assets	0.03	0.07

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Metric	Value	Date	Source
Lumber Shipments (MMfbm)	1,302	10212025	Link
North America OSB Shipments (MMsf 3/8”)	1,619	10212025	Link
Europe OSB Shipments (MMsf 3/8”)	283	10212025	Link
Manufacturing operations powered by renewable energy	75%	5222025	Link
Reduction in Scope 1 and 2 GHG emissions (compared to 2019 baseline)	22%	5222025	Link
Reduction in Scope 3 GHG emissions (compared to 2020 baseline)	13%	5222025	Link
Number of production facilities	58	10242025	Link
Annual Lumber Production Capacity Reduction	300 million board feet	11062025	Link
Lumber Production in U.S. South	48%	12312024	Link
Lumber Production in Alberta	30%	12312024	Link
Lumber Production in British Columbia	22%	12312024	Link
Decrease in life-altering injuries	33%	12312024	Link

Recent
3/13/2026	Dividend	Amount: $0.32 Payment On: 4/02/2026
Upcoming
4/28/2026	Earnings Release	Rev: $1.0 Bil (E) EPS: $-1.42 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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West Fraser Timber Co.Ltd (WFG) stock has gained about 5% since 11/30/2025 because of the following key factors:

1. West Fraser Timber's Q4 2025 earnings surpassed analyst expectations, reporting an adjusted EPS of $(2.42) against a consensus estimate of $(2.71), beating by $0.29. Additionally, the company's Adjusted EBITDA improved to $(79) million in Q4 2025, an increase from $(144) million in the previous quarter, indicating a less severe financial performance than anticipated despite a net loss and significant impairment charges.

2. The company's strategic operational adjustments and positive 2026 outlook instilled confidence. West Fraser announced mill closures and capacity curtailments in late 2025, including its 100 Mile House (BC) mill and the indefinite curtailment of its High Level, Alberta OSB mill, to optimize its portfolio and enhance competitiveness. Concurrently, the company provided a "robust forecast for 2026," anticipating stable input costs and improved contractor availability, and reiterated shipment targets for Spruce-Pine-Fir (SPF) and Southern Yellow Pine (SYP) at 2.4 to 2.7 billion board feet each, and North American OSB at 5.9 to 6.3 billion square feet.

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Stock Movement Drivers

Fundamental Drivers

The 4.9% change in WFG stock from 11/30/2025 to 3/29/2026 was primarily driven by a 8.9% change in the company's P/S Multiple.

(LTM values as of)	11302025	3292026	Change
Stock Price ($)	60.87	63.83	4.9%
Change Contribution By:
Total Revenues ($ Mil)	5,703	5,463	-4.2%
P/S Multiple	0.8	0.9	8.9%
Shares Outstanding (Mil)	79	78	0.5%
Cumulative Contribution			4.9%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026

	Return	Correlation
WFG	4.9%
Market (SPY)	-5.3%	21.0%
Sector (XLB)	10.0%	57.5%

Fundamental Drivers

The -11.1% change in WFG stock from 8/31/2025 to 3/29/2026 was primarily driven by a -6.3% change in the company's Total Revenues ($ Mil).

(LTM values as of)	8312025	3292026	Change
Stock Price ($)	71.83	63.83	-11.1%
Change Contribution By:
Total Revenues ($ Mil)	5,833	5,463	-6.3%
P/S Multiple	1.0	0.9	-6.2%
Shares Outstanding (Mil)	79	78	1.1%
Cumulative Contribution			-11.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026

	Return	Correlation
WFG	-11.1%
Market (SPY)	0.6%	21.4%
Sector (XLB)	7.1%	56.6%

Fundamental Drivers

The -17.8% change in WFG stock from 2/28/2025 to 3/29/2026 was primarily driven by a -11.5% change in the company's Total Revenues ($ Mil).

(LTM values as of)	2282025	3292026	Change
Stock Price ($)	77.67	63.83	-17.8%
Change Contribution By:
Total Revenues ($ Mil)	6,174	5,463	-11.5%
P/S Multiple	1.0	0.9	-9.3%
Shares Outstanding (Mil)	80	78	2.4%
Cumulative Contribution			-17.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026

	Return	Correlation
WFG	-17.8%
Market (SPY)	9.8%	36.1%
Sector (XLB)	12.4%	60.6%

Fundamental Drivers

The -10.2% change in WFG stock from 2/28/2023 to 3/29/2026 was primarily driven by a -43.7% change in the company's Total Revenues ($ Mil).

(LTM values as of)	2282023	3292026	Change
Stock Price ($)	71.11	63.83	-10.2%
Change Contribution By:
Total Revenues ($ Mil)	9,701	5,463	-43.7%
P/S Multiple	0.6	0.9	48.8%
Shares Outstanding (Mil)	84	78	7.2%
Cumulative Contribution			-10.2%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/29/2026

	Return	Correlation
WFG	-10.2%
Market (SPY)	69.4%	37.4%
Sector (XLB)	26.8%	52.9%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
WFG Return	54%	-23%	20%	3%	-28%	4%	10%
Peers Return	67%	-14%	52%	5%	-22%	-2%	74%
S&P 500 Return	27%	-19%	24%	23%	16%	-5%	72%
Monthly Win Rates [3]
WFG Win Rate	58%	50%	42%	50%	33%	33%
Peers Win Rate	60%	44%	52%	52%	35%	50%
S&P 500 Win Rate	75%	42%	67%	75%	67%	33%
Max Drawdowns [4]
WFG Max Drawdown	-0%	-26%	-10%	-12%	-32%	-1%
Peers Max Drawdown	-3%	-29%	-9%	-13%	-29%	-7%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-5%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: WY, LPX, UFPI, BCC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique Key	Event	WFG	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-36.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	58.1%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-37.4%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	59.7%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	191 days	148 days

Compare to WY, LPX, UFPI, BCC

In The Past

West Fraser Timber Co.Ltd's stock fell -36.7% during the 2022 Inflation Shock from a high on 7/20/2022. A -36.7% loss requires a 58.1% gain to breakeven.

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About West Fraser Timber Co.Ltd (WFG)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.

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Here are 1-3 brief analogies to describe West Fraser Timber Co. Ltd (WFG):

A 'Chevron for trees,' processing raw timber into lumber, paper, and energy.
The 'International Paper' of lumber and construction materials.
Like 'Georgia-Pacific' for diversified wood products, from lumber to paper.

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Lumber: West Fraser produces spruce-pine-fir and southern yellow pine lumber for construction and other applications.
Engineered Wood Products: This category includes treated wood products, medium density fiberboard panels, plywood, oriented strand board, and laminated veneer lumber used in various building and manufacturing processes.
Pulp: The company manufactures northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp, which are raw materials for various paper products.
Newsprint: West Fraser produces newsprint, a type of paper primarily used for printing newspapers.
Wood Chips and Residuals: These are by-products of the timber processing, often utilized for other wood products or biomass energy generation.
Renewable Energy: The company generates renewable energy, likely utilizing its wood residuals and other sustainable sources.

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West Fraser Timber Co. Ltd. (WFG) primarily sells its products to other companies (B2B model) rather than directly to individuals.

Based on the provided company description, the major categories of its business customers are:

Major retail chains
Contractor supply yards
Wholesalers
Industrial customers (for further processing or as components for other products)

The company description does not provide the specific names of these customer companies or their public symbols.

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Sean McLaren President and Chief Executive Officer

Sean McLaren was appointed President and CEO of West Fraser in 2024. He is based in Memphis, Tennessee. Prior to this role, he served as Chief Operating Officer starting in December 2021 and President, Solid Wood in February 2021. Other positions he held at West Fraser include Vice-President, U.S. Lumber (2016) and General Manager of the Williams Lake Sawmill (2005). Mr. McLaren has been with West Fraser and its predecessor companies for 35 years. He holds a Master of Business Administration from the University of Calgary and is a Chartered Professional Accountant in British Columbia.

Chris Virostek Executive Vice-President and Chief Financial Officer

Mr. Virostek joined West Fraser in 2017 in his current role. He is based in Vancouver, British Columbia. Previously, he was Senior Vice President of Strategy and Corporate Development at Masonite International Corporation, where he led acquisition and divestiture activities across North America, South America, Europe, and Africa. He also held the position of Vice President, Finance at Masonite International. Mr. Virostek played a key role in West Fraser's $4 billion acquisition of Norbord Inc. in 2021. Before his tenure at Masonite International, he worked as an Audit Manager at Arthur Andersen for over five years. He holds an Honors Bachelor of Business Administration degree from Wilfrid Laurier University and is a Chartered Accountant.

Kevin Burke Executive Vice-President, North American Operations

Kevin Burke serves as the Executive Vice-President, North American Operations at West Fraser. Prior to this, he was the company's Vice-President, North American Engineered Wood Products and Renewable Energy. He was slated to become Senior Vice-President, Wood Products before assuming his current role.

Matt Tobin Senior Vice-President, Sales and Marketing

Matt Tobin joined West Fraser in 2005 and is based in Vancouver, British Columbia. He became Vice-President, Lumber Sales in January 2021. Before that, he served as General Manager, Canadian Solid Wood Sales. Mr. Tobin has 16 years of progressive experience within West Fraser, where he is responsible for the development and execution of sales, marketing, and logistics strategies for wood products.

Adrian Plante Vice-President, Canadian Lumber

Adrian Plante has been with West Fraser since 1996 and is based in Quesnel, British Columbia. He was appointed Vice-President, Canadian Lumber in January 2021. His previous roles include General Manager, Wood Products, Regional Manager, Canadian Lumber (before February 2020), and General Manager, Chasm Sawmill (before April 2016).

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The key risks to West Fraser Timber Co. Ltd. (WFG) are:

Cyclical Demand and Housing Market Sensitivity: West Fraser Timber's business is highly susceptible to the cyclical nature of demand in the forest products industry, particularly due to its strong correlation with housing affordability, interest rates, and overall residential construction activity. Weak demand conditions in the housing market directly translate to reduced sales and pricing pressure on lumber and oriented strand board (OSB) products. The company has faced ongoing challenges from reduced demand linked to housing affordability issues, extending into early 2026.
Trade Restrictions and Duties: West Fraser is significantly impacted by trade restrictions, especially the high softwood lumber duties imposed on Canadian lumber shipments to the United States. These duties represent a substantial cost burden that can persist for extended periods, directly affecting the company's profitability and competitive position in a key market.
Price Volatility and Oversupply: The company's earnings are exposed to considerable volatility in lumber and OSB prices. Instances of oversupply in southern yellow pine lumber and OSB markets, combined with weakening demand, have led West Fraser to undertake significant measures such as permanent mill closures and production curtailments to align its capacity with customer demand. This market imbalance can result in substantial earnings volatility and financial losses.

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The addressable markets for West Fraser Timber Co. Ltd.'s main products and services are sized as follows:

Lumber: The global lumber market size was estimated at approximately USD 378.43 billion in 2025.
Engineered Wood Products: The global engineered wood market was valued at an estimated USD 338.4 billion in 2024. Within this category, specific product market sizes include:
- Plywood: The global plywood market size was valued at USD 96.12 billion in 2025.
- Oriented Strand Board (OSB): The global oriented strand board market size was valued at USD 47.94 billion in 2024.
- Medium Density Fiberboard (MDF) Panels: The global medium density fiberboard market size was USD 51.3 billion in 2024.
- Laminated Veneer Lumber (LVL): The global laminated veneer lumber market size was USD 5.6215 billion in 2024.
Pulp: The global paper & pulp mill market, which includes pulp production, is estimated at a valuation of USD 503.46 billion in 2024.
Newsprint: The global newsprint paper market size was estimated at USD 31.91 billion in 2023.

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For West Fraser Timber Co. Ltd. (WFG), several key drivers are expected to contribute to future revenue growth over the next 2-3 years:

Growth in North American New Home Construction and Remodeling: As a major producer of softwood lumber and oriented strand board (OSB), West Fraser's revenue is closely tied to the North American housing market. New construction and remodeling activities are identified as the primary uses for these products, and positive trends in these sectors are anticipated to drive demand.
Increased Production Capacity from Capital Projects and Mill Optimization: The company is engaged in various capital projects, including the ramp-up of new facilities like the Allendale mill, which is progressing towards full operational capacity. The completion and operationalization of these projects are expected to enhance production capacity and, consequently, revenue generation.
Opportunistic Investments in Growth and Strategic Acquisitions: West Fraser Timber has indicated its strategy to pursue opportunistic investments in growth and consider strategic acquisitions to expand its operations and market presence. These initiatives are designed to contribute to future revenue expansion.
Enhanced Competitiveness through Optimized Asset Portfolio and Lower-Cost Operations: By optimizing its asset portfolio and shifting production to lower-cost operations, West Fraser aims to improve its cost structure and overall resilience. This enhanced efficiency and competitiveness can lead to greater market share and improved revenue streams.
Stabilization of Market Conditions, including Inflation and Mortgage Rates: While facing recent market challenges, West Fraser anticipates that stabilizing inflation expectations and generally lower mortgage rates in the U.S. could lead to improved housing demand and affordability. Such market improvements are expected to support higher sales volumes for its wood products.

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Share Repurchases

West Fraser renewed its normal course issuer bid (NCIB) effective March 3, 2025, authorizing the repurchase of up to 3,868,177 common shares, representing approximately 5% of its outstanding shares, until March 2, 2026.
Under the previous NCIB, which expired on February 28, 2025, the company repurchased 2,061,804 shares at a volume weighted-average price of US$81.14 per share.
In 2025, West Fraser repurchased a total of 1,639,207 shares for aggregate consideration of $124 million.

Share Issuance

West Fraser Timber's shares outstanding have seen declines in recent years, with a 2.43% decrease in 2025 to 0.079 billion, a 2.49% decrease in 2024 to 0.081 billion, and an 11.65% decrease in 2023 to 0.083 billion from 2022.

Outbound Investments

In October 2021, West Fraser entered into an agreement to acquire the Angelina Forest Products lumber mill in Lufkin, Texas, for approximately $300 million.
Following its acquisition of Norbord in 2021, West Fraser became one of the largest oriented strand board producers globally.

Capital Expenditures

Capital expenditures for the full year 2025 were $411 million, following $487 million in 2024.
The company's capital expenditure guidance for 2026 is projected to be in the range of $300 million to $350 million.
These capital expenditures emphasize operationalizing recent capital projects, supporting productivity, reliability, and growth, as well as modernizing assets and implementing margin expansion projects.

Interactive Breakdown

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Better Bets vs. West Fraser Timber Co.Ltd (WFG)

INDUSTRY: Forest Products

Higher Rev Chg 3Y Avg | Lower P/S (Values for WFG: -16.4% | 0.9x)

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Higher Op Mgn LTM (Value for WFG: -8.7%)

LPX (9.6%)

Louisiana-Pacific

Higher CFO/Rev LTM (Value for WFG: 1.8%)

LPX (14.1%)

Louisiana-Pacific

Higher FCF/Rev LTM (Value for WFG: -5.7%)

LPX (3.4%)

Louisiana-Pacific

Higher Total Yield (Value for WFG: -16.7%)

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What You Pay

P/EBIT (Value for WFG: -4.4x)

RGLD (31.7x)

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CF (8.9x)

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RGLD (41.0x)

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SCCO (31.6x)

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USLM (26.4x)

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CF (14.6x)

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NEM (15.7x)

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EXP (13.5x)

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SMG (39.1x)

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B (13.0x)

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CBT (12.6x)

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What You Get

Rev Chg 3Y Avg (Value for WFG: -16.4%)

RGLD (20.8%)

Royal Gold

SCCO (10.5%)

Southern Copper

USLM (16.5%)

United States Lime & Minerals

CF (-10.6%)

CF Industries

NEU (-0.4%)

NewMarket

NEM (26.2%)

Newmont

EXP (3.3%)

Eagle Materials

SMG (-4.6%)

Scotts Miracle Gro

B (16.0%)

Barrick Mining

CBT (-5.7%)

Cabot

Rev Chg LTM (Value for WFG: -11.5%)

RGLD (43.2%)

Royal Gold

SCCO (17.4%)

Southern Copper

USLM (17.3%)

United States Lime & Minerals

CF (19.3%)

CF Industries

NEU (-2.2%)

NewMarket

NEM (21.3%)

Newmont

EXP (1.4%)

Eagle Materials

SMG (-4.5%)

Scotts Miracle Gro

B (31.2%)

Barrick Mining

CBT (-9.6%)

Cabot

Rev Chg Q (Value for WFG: -17.1%)

RGLD (85.3%)

Royal Gold

SCCO (39.0%)

Southern Copper

USLM (9.8%)

United States Lime & Minerals

CF (22.8%)

CF Industries

NEU (-2.9%)

NewMarket

NEM (20.6%)

Newmont

EXP (-0.4%)

Eagle Materials

SMG (-3.3%)

Scotts Miracle Gro

B (64.5%)

Barrick Mining

CBT (-11.1%)

Cabot

FCF/Rev 3Y Avg (Value for WFG: -0.7%)

RGLD (27.8%)

Royal Gold

SCCO (27.0%)

Southern Copper

USLM (26.4%)

United States Lime & Minerals

CF (23.5%)

CF Industries

NEU (18.1%)

NewMarket

NEM (16.3%)

Newmont

EXP (15.1%)

Eagle Materials

SMG (13.2%)

Scotts Miracle Gro

B (12.9%)

Barrick Mining

CBT (10.7%)

Cabot

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 11%, alpha of 1.8%, and sharpe of 0.46

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	How Low Can West Fraser Timber Co.Ltd Stock Really Go?	10/17/2025
2	WFG Dip Buy Analysis	07/10/2025
3	West Fraser Timber Co.Ltd (WFG) Valuation Ratios Comparison	05/15/2025
4	West Fraser Timber Co.Ltd Total Shareholder Return (TSR): 4.7% in 2024 and -0.1% 3-yr compounded annual returns (below peer average)	03/07/2025
5	Now Is Not The Time To Buy West Fraser Timber Co.Ltd Stock	02/28/2025
6	West Fraser Timber Co.Ltd (WFG) Operating Cash Flow Comparison	02/17/2025
7	West Fraser Timber Co.Ltd (WFG) Net Income Comparison	02/16/2025
8	West Fraser Timber Co.Ltd (WFG) Operating Income Comparison	02/15/2025
9	West Fraser Timber Co.Ltd (WFG) Revenue Comparison	02/14/2025
10	Fundamental Metrics: ...	06/19/2024

	Title
0	ARTICLES

Trade Ideas

Select ideas related to WFG.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
IP_1312026_Insider_Buying_45D_2Buy_200K	01312026	IP	International Paper	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	9.1%	9.1%	0.0%
B_1302026_Quality_Momentum_RoomToRun_10%	01302026	B	Barrick Mining	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	11.7%	11.7%	-4.0%
AMR_12312025_Insider_Buying_45D_2Buy_200K	12312025	AMR	Alpha Metallurgical Resources	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	-18.6%	-18.6%	-18.6%
EMN_12262025_Dip_Buyer_ValueBuy	12262025	EMN	Eastman Chemical	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	18.9%	18.9%	0.0%
AMCR_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V2	12122025	AMCR	Amcor	Insider	Insider Buys \| Low D/EStrong Insider Buying Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	19.2%	19.2%	-0.5%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AGX	Argan	7.8	37.9%	81.1%
TBN	Tamboran Resources	0.9	25.6%	59.4%
U	Unity Software	8.3	13.5%	-56.0%
ADMA	ADMA Biologics	2.2	11.6%	-49.3%
METC	Ramaco Resources	1.0	11.4%	-13.6%
MEOH	Methanex	5.0	9.7%	64.8%
PTON	Peloton Interactive	1.9	8.8%	-28.1%
OXM	Oxford Industries	0.5	8.7%	3.0%
REX	REX American Resources	1.6	8.3%	47.7%
SGML	Sigma Lithium	1.2	7.8%	-20.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
BUR	Burford Capital	0.9	-47.1%	-53.6%
RCKT	Rocket Pharmaceuticals	0.4	-19.6%	7.4%
ZBIO	Zenas BioPharma	0.8	-17.8%	-49.8%
BKSY	BlackSky Technology	0.8	-17.2%	24.2%
PSNL	Personalis	0.6	-13.4%	-20.4%
SLS	SELLAS Life Sciences	0.5	-11.8%	15.8%
ANAB	AnaptysBio	1.6	-11.7%	18.4%
FLY	Firefly Aerospace	2.2	-11.6%	6.0%
INBX	Inhibrx Biosciences	0.9	-11.2%	-26.1%
YOU	Clear Secure	4.6	-11.2%	36.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
BCPC	Balchem	5.4	610.4%	8.9%
KOD	Kodiak Sciences	2.0	66.3%	32.3%
OLPX	Olaplex	1.3	51.9%	50.7%
CAR	Avis Budget	5.2	48.6%	15.7%
TBN	Tamboran Resources	0.9	36.0%	59.4%
ELVN	Enliven Therapeutics	2.4	33.8%	152.1%
TROX	Tronox	1.4	30.1%	120.3%
BORR	Borr Drilling	1.8	28.7%	50.1%
BRZE	Braze	2.5	25.5%	-32.9%
INDI	Indie Semiconductor	0.6	24.6%	-9.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
PIPR	Piper Sandler Cos	1.2	-75.2%	-12.4%
BUR	Burford Capital	0.9	-46.2%	-53.6%
WVE	WAVE Life Sciences	1.1	-45.9%	-62.6%
TASK	TaskUs	0.6	-37.8%	-15.9%
MAZE	Maze Therapeutics	1.4	-36.7%	-26.7%
ADMA	ADMA Biologics	2.2	-35.4%	-49.3%
CRCL	Circle Internet	21.5	-25.7%	18.1%
PLAY	Dave & Buster's Entertainment	0.3	-23.5%	-39.5%
EL	Estee Lauder Companies	24.3	-21.8%	-35.6%
NTSK	Netskope	1.9	-18.9%	-55.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	1.8	133.2%	104.5%
DAWN	Day One Biopharmaceuticals	2.2	101.0%	129.7%
VG	Venture Global	42.7	85.4%	157.4%
AAOI	Applied Optoelectronics	6.2	82.9%	181.7%
TNGX	Tango Therapeutics	2.1	68.9%	117.4%
AXTI	AXT	2.7	63.3%	270.8%
BW	Babcock & Wilcox Enterprises	1.5	61.7%	134.4%
PARR	Par Pacific	3.3	61.6%	86.9%
LWLG	Lightwave Logic	0.9	61.5%	123.3%
SM	SM Energy	3.8	56.2%	76.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	1.1	-58.6%	-62.6%
BUR	Burford Capital	0.9	-51.4%	-53.6%
OLMA	Olema Pharmaceuticals	1.2	-44.0%	-45.3%
WING	Wingstop	4.3	-43.1%	-35.2%
FRMI	Fermi	3.7	-43.0%	-22.8%
PAR	PAR Technology	0.5	-43.0%	-64.7%
SES	SES AI	0.3	-42.6%	-45.1%
USAS	Americas Gold And Silver	1.5	-41.9%	7.6%
ITRG	Integra Resources	0.4	-41.0%	-36.2%
VITL	Vital Farms	0.6	-40.6%	-58.9%

Peer Comparisons

Peers to compare with:

Financials

	WFG	WY	LPX	UFPI	BCC	Median
Name	West Fra.	Weyerhae.	Louisian.	UFP Indu.	Boise Ca.
Mkt Price	63.83	23.86	71.29	89.68	74.43	71.29
Mkt Cap	5.0	17.2	5.0	4.9	2.7	5.0
Rev LTM	5,463	6,905	2,709	6,320	6,405	6,320
Op Inc LTM	-473	448	260	368	183	260
FCF LTM	-314	-381	91	276	13	13
FCF 3Y Avg	-31	238	176	489	231	231
CFO LTM	96	562	382	546	254	382
CFO 3Y Avg	427	1,001	434	716	460	460

Growth & Margins

	WFG	WY	LPX	UFPI	BCC	Median
Name	West Fra.	Weyerhae.	Louisian.	UFP Indu.	Boise Ca.
Rev Chg LTM	-11.5%	-3.1%	-7.9%	-5.0%	-4.8%	-5.0%
Rev Chg 3Y Avg	-16.4%	-11.6%	-9.0%	-12.6%	-8.3%	-11.6%
Rev Chg Q	-17.1%	-9.8%	-16.6%	-9.0%	-6.8%	-9.8%
QoQ Delta Rev Chg LTM	-4.2%	-2.4%	-4.0%	-2.0%	-1.6%	-2.4%
Op Mgn LTM	-8.7%	6.5%	9.6%	5.8%	2.9%	5.8%
Op Mgn 3Y Avg	-2.3%	10.5%	13.6%	7.4%	6.4%	7.4%
QoQ Delta Op Mgn LTM	-4.2%	-1.9%	-2.5%	-0.3%	-1.1%	-1.9%
CFO/Rev LTM	1.8%	8.1%	14.1%	8.6%	4.0%	8.1%
CFO/Rev 3Y Avg	6.9%	13.7%	15.6%	10.5%	6.8%	10.5%
FCF/Rev LTM	-5.7%	-5.5%	3.4%	4.4%	0.2%	0.2%
FCF/Rev 3Y Avg	-0.7%	3.0%	6.1%	7.1%	3.4%	3.4%

Valuation

	WFG	WY	LPX	UFPI	BCC	Median
Name	West Fra.	Weyerhae.	Louisian.	UFP Indu.	Boise Ca.
Mkt Cap	5.0	17.2	5.0	4.9	2.7	5.0
P/S	0.9	2.5	1.8	0.8	0.4	0.9
P/EBIT	-4.4	32.3	23.9	12.3	13.6	13.6
P/E	-5.3	53.1	34.2	16.8	20.6	20.6
P/CFO	52.1	30.6	13.1	9.1	10.8	13.1
Total Yield	-16.7%	5.4%	4.5%	7.6%	6.1%	5.4%
Dividend Yield	2.0%	3.5%	1.6%	1.7%	1.3%	1.7%
FCF Yield 3Y Avg	-1.1%	0.8%	2.6%	7.4%	4.7%	2.6%
D/E	0.1	0.3	0.1	0.1	0.2	0.1
Net D/E	0.0	0.3	0.0	-0.1	0.0	0.0

Returns

	WFG	WY	LPX	UFPI	BCC	Median
Name	West Fra.	Weyerhae.	Louisian.	UFP Indu.	Boise Ca.
1M Rtn	-3.5%	-1.9%	-15.9%	-12.9%	-10.0%	-10.0%
3M Rtn	6.5%	1.4%	-13.8%	-3.1%	-0.7%	-0.7%
6M Rtn	-3.7%	-1.0%	-15.2%	-2.1%	-3.0%	-3.0%
12M Rtn	-14.0%	-15.9%	-21.1%	-14.4%	-23.5%	-15.9%
3Y Rtn	-4.1%	-10.8%	37.9%	20.5%	39.8%	20.5%
1M Excs Rtn	6.2%	6.0%	-6.5%	-6.8%	-3.2%	-3.2%
3M Excs Rtn	15.1%	9.4%	-5.2%	6.0%	8.0%	8.0%
6M Excs Rtn	0.3%	4.1%	-10.3%	2.0%	1.2%	1.2%
12M Excs Rtn	-26.8%	-27.6%	-35.3%	-29.0%	-36.9%	-29.0%
3Y Excs Rtn	-67.5%	-71.2%	-27.0%	-41.0%	-20.0%	-41.0%

FDIC Bank Data

$ Mil \| FY: 12/31	LTM	2025	2024	2023	2022	2021	2020
Period End	12/31/2025	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Filing Date	2/11/2026	2/11/2026	2/12/2025	2/14/2024	2/14/2023	2/15/2022	2/11/2021
Key Financials
Total Revenue	5,463	5,462	6,174	6,454	9,701	10,518	4,373
EBITDA	-598	-608	614	337	3,206	4,530	1,025
Operating Income	-473	-475	109	-6	2,619	3,945	831
Net Income	-937	-937	-5	-167	1,975	2,947	588
EPS	-11.89	-11.87	-0.06	-2.01	21.06	27.03	8.56
Growth Rates
Total Revenue Growth	-11.5%	-11.5%	-4.3%	-33.5%	-7.8%	140.5%	17.1%
EBITDA Growth	-197.6%	-199.0%	82.2%	-89.5%	-29.2%	342.0%	1494.0%
Operating Income Growth	-530.0%	-535.8%	1916.7%	-100.2%	-33.6%	374.7%	961.5%
Net Income Growth	-18640.0%	-18640.0%	97.0%	-108.5%	-33.0%	401.2%	612.1%
Margins
EBITDA Margin	-10.9%	-11.1%	9.9%	5.2%	33.0%	43.1%	23.4%
Operating Income Margin	-8.7%	-8.7%	1.8%	-0.1%	27.0%	37.5%	19.0%
Net Income Margin	-17.2%	-17.2%	-0.1%	-2.6%	20.4%	28.0%	13.4%
Cash & Debt
Total Cash	202	202	641	900	1,162	2,289	461
Total Debt	333	333	229	538	536	528	509
Net Debt / (Cash)	131	131	-412	-362	-626	-1,761	48
Cash Flows
Net Cash from Operations	96	96	661	525	2,207	3,552	968
Free Cash from Operations	-314	-315	174	48	1,730	2,917	788
Returns to Shareholders
Dividends	101	101	101	100	99	75	41
Share Repurchases	128	129	140	129	1,990	1,319	-0

$ Mil \| FY: 12/31	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	12/31/2025	9/26/2025	6/27/2025	3/28/2025	12/31/2024	9/27/2024	6/28/2024	3/29/2024	12/31/2023	9/29/2023	6/30/2023	3/31/2023
Filing Date	2/11/2026	10/22/2025	7/23/2025	4/22/2025	2/12/2025	10/23/2024	7/24/2024	4/23/2024	2/14/2024	10/25/2023	7/26/2023	4/25/2023
Key Financials Quarterly
Total Revenue	1,165	1,307	1,532	1,459	1,405	1,437	1,705	1,627	1,514	1,705	1,608	1,627
Ebitda	-770	-127	95	204	100	34	284	195	-61	353	-36	81
Operating Income	-218	-275	-44	64	2	-88	138	58	-53	198	-66	-81
Net Income	-751	-204	-24	42	-62	-83	105	35	-153	159	-131	-42
EPS	-9.53	-2.59	-0.30	0.53	-0.76	-1.03	1.29	0.42	-1.85	1.91	-1.57	-0.50
Key Financials TTM
Total Revenue TTM	5,463	5,703	5,833	6,006	6,174	6,283	6,551	6,454	6,454	6,556	6,939	8,218
Ebitda TTM	-598	272	433	622	613	452	771	451	337	427	517	1,704
Operating Income TTM	-473	-253	-66	116	110	55	341	137	-2	-32	51	1,098
Net Income TTM	-937	-248	-127	2	-5	-96	146	-90	-167	-107	-50	843
Growth Rates Quarterly
Total Revenue Growth	-17.1%	-9.0%	-10.1%	-10.3%	-7.2%	-15.7%	6.0%	0.0%	-6.3%	-18.3%	-44.3%	-47.7%
EBITDA Growth	-870.0%	-473.5%	-66.5%	4.6%	263.9%	-90.4%	888.9%	140.7%	-310.3%	-20.3%	-103.1%	-94.9%
Operating Income Growth	-11000.0%	-212.5%	-131.9%	10.3%	103.8%	-144.4%	309.1%	171.6%	36.1%	-29.5%	-106.7%	-105.6%
Net Income Growth	-1111.3%	-145.8%	-122.9%	20.0%	59.5%	-152.2%	180.2%	183.3%	-64.5%	-26.4%	-117.2%	-103.9%
Margins Quarterly
EBITDA Margin	-66.1%	-9.7%	6.2%	14.0%	7.1%	2.4%	16.7%	12.0%	-4.0%	20.7%	-2.2%	5.0%
Operating Income Margin	-18.7%	-21.0%	-2.9%	4.4%	0.1%	-6.1%	8.1%	3.6%	-3.5%	11.6%	-4.1%	-5.0%
Net Income Margin	-64.5%	-15.6%	-1.6%	2.9%	-4.4%	-5.8%	6.2%	2.2%	-10.1%	9.3%	-8.1%	-2.6%
Cash & Debt
Total Cash	202	546	646	390	641	997	1,004	711	900	1,204	994	847
Total Debt	333	323	329	224	229	526	523	523	538	530	533	524
Net Debt / (Cash)	131	-223	-317	-166	-412	-471	-481	-188	-362	-674	-461	-323
Cash Flows Quarterly
FCF from Operations	-172	58	285	-75	173	150	378	-41	96	355	272	-198
Cash Flows TTM
FCF from Operations TTM	96	441	533	626	660	583	788	682	525	576	654	1,446
Returns to Shareholders Quarterly
Dividends	25	25	25	26	26	26	24	24	25	25	25	25
Share Repurchases	8	40	34	46	23	39	71	7	129	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-30.4%	-40.6%	-5.1%	7.8%	0.4%	-14.8%	23.4%	7.7%	-8.2%	35.3%	-10.3%	-10.7%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-16.1%	-10.6%	-3.4%	0.3%	6.1%	2.4%	13.9%	5.1%	-0.1%	-1.4%	1.9%	41.2%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Lumber	2,794	4,465	4,910	3,356	2,635
North America Engineered Wood Products (NA EWP)	2,608	3,789	4,273	474
Pulp & Paper	623	807	727	648	740
Europe Engineered Wood Products (EWP)	517	738	723
Corporate & Other	-89	-98	-115	-105	-104
Panels					463
Total	6,453	9,701	10,518	4,373	3,734

Operating Income by Segment

$ Mil	2025	2024	2023	2022	2021
North America Engineered Wood Products (NA EWP)	316	1,371	2,125	94	27
Europe Engineered Wood Products (EWP)	-3	117	113
Corporate & Other	-35	-18	-83	-19	-8
Pulp & Paper	-242	-22	-19	-32	-18
Lumber	-319	1,111	1,809	788	-122
Total	-283	2,559	3,945	831	-122

Assets by Segment

$ Mil	2025	2024	2023	2022	2021
North America Engineered Wood Products (NA EWP)	4,338	4,637	4,154	249	242
Lumber	3,606	3,685	3,557	3,138	2,748
Europe Engineered Wood Products (EWP)	691	730	953
Corporate & Other	446	465	1,321	359	156
Pulp & Paper	333	456	448	432	428
Total	9,414	9,973	10,433	4,178	3,574

Price Behavior

Price Behavior

Market Price	$63.83
Market Cap ($ Bil)	5.0
First Trading Date	02/24/2020
Distance from 52W High	-17.4%
	50 Days	200 Days
DMA Price	$67.81	$67.43
DMA Trend	down	up
Distance from DMA	-5.9%	-5.3%
	3M	1YR
Volatility	36.5%	31.8%
Downside Capture	0.18	0.55
Upside Capture	81.42	48.70
Correlation (SPY)	22.4%	35.2%

WFG Betas & Captures as of 2/28/2026

	1M	2M	3M	6M	1Y	3Y
Beta	-0.18	0.22	0.31	0.46	0.57	0.72
Up Beta	-0.17	-0.46	-0.30	0.28	0.63	0.76
Down Beta	1.57	0.89	0.63	0.64	0.48	0.63
Up Capture	-113%	49%	57%	23%	33%	33%
Bmk +ve Days	9	20	31	70	142	431
Stock +ve Days	10	24	34	60	122	359
Down Capture	-13%	-37%	6%	63%	80%	95%
Bmk -ve Days	12	21	30	54	109	320
Stock -ve Days	11	17	27	63	127	388

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with WFG
WFG	-15.4%	31.8%	-0.50	-
Sector ETF (XLB)	14.6%	20.9%	0.55	59.8%
Equity (SPY)	14.5%	18.9%	0.59	35.2%
Gold (GLD)	50.2%	27.7%	1.46	16.5%
Commodities (DBC)	17.8%	17.6%	0.85	11.4%
Real Estate (VNQ)	0.4%	16.4%	-0.15	46.1%
Bitcoin (BTCUSD)	-23.7%	44.2%	-0.49	21.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with WFG
WFG	0.9%	34.4%	0.09	-
Sector ETF (XLB)	6.7%	18.9%	0.25	51.6%
Equity (SPY)	11.8%	17.0%	0.54	42.4%
Gold (GLD)	20.7%	17.7%	0.96	11.8%
Commodities (DBC)	11.6%	18.9%	0.50	20.4%
Real Estate (VNQ)	3.0%	18.8%	0.07	41.6%
Bitcoin (BTCUSD)	4.0%	56.6%	0.29	21.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with WFG
WFG	3.8%	39.1%	0.28	-
Sector ETF (XLB)	10.1%	20.6%	0.44	30.6%
Equity (SPY)	14.0%	17.9%	0.67	24.8%
Gold (GLD)	13.3%	15.8%	0.70	9.6%
Commodities (DBC)	8.2%	17.6%	0.39	12.6%
Real Estate (VNQ)	4.7%	20.7%	0.19	22.8%
Bitcoin (BTCUSD)	66.4%	66.8%	1.06	15.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	2.4 Mil
Short Interest: % Change Since 2282026	13.6%
Average Daily Volume	0.2 Mil
Days-to-Cover Short Interest	12.7 days
Basic Shares Quantity	78.3 Mil
Short % of Basic Shares	3.1%

Returns Analyses

	Title
0	How Low Can West Fraser Timber Co.Ltd Stock Really Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

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Report Date	Filing Date	Filing
12/31/2025	02/11/2026	40-F
09/30/2025	10/22/2025	6-K
06/30/2025	07/23/2025	6-K
03/31/2025	04/22/2025	6-K
12/31/2024	02/12/2025	40-F
09/30/2024	10/23/2024	6-K
06/30/2024	07/24/2024	6-K
03/31/2024	04/23/2024	6-K
12/31/2023	02/14/2024	40-F
09/30/2023	10/25/2023	6-K
06/30/2023	07/26/2023	6-K
03/31/2023	04/25/2023	6-K
12/31/2022	02/14/2023	40-F
09/30/2022	10/26/2022	6-K
06/30/2022	07/27/2022	6-K
03/31/2022	04/28/2022	6-K

Recent Forward Guidance [BETA]

Latest: null Earnings Reported N/A/N/A/N/A | Prior: null Earnings Reported N/A/N/A/N/A

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Insider Activity

Expand for Morenull

WFG Trade Sentinel

Stock Conviction

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Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

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Diversification Alternatives

How Is The Market Pricing WFG?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What WFG Makes & Who Pays

TTM figures based on

WFG Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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West Fraser Timber Co.Ltd (WFG)

Market Price (3/30/2026): $63.84 | Market Cap: $5.0 BilSector: Materials | Industry: Forest Products

West Fraser Timber Co.Ltd (WFG)

Market Price (3/30/2026): $63.84Market Cap: $5.0 BilSector: MaterialsIndustry: Forest Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About West Fraser Timber Co.Ltd (WFG)

Share Repurchases

Share Issuance

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets vs. West Fraser Timber Co.Ltd (WFG)

INDUSTRY: Forest Products

Higher Rev Chg 3Y Avg | Lower P/S (Values for WFG: -16.4% | 0.9x)

Higher Rev Chg LTM (Value for WFG: -11.5%)

Higher Rev Chg 3Y Avg (Value for WFG: -16.4%)

Higher Op Mgn LTM (Value for WFG: -8.7%)

Higher CFO/Rev LTM (Value for WFG: 1.8%)

Higher FCF/Rev LTM (Value for WFG: -5.7%)

Higher Total Yield (Value for WFG: -16.7%)

SECTOR: Materials

Higher Rev Chg 3Y Avg | Lower P/S (Values for WFG: -16.4% | 0.9x)

Higher Rev Chg LTM (Value for WFG: -11.5%)

Higher Rev Chg 3Y Avg (Value for WFG: -16.4%)

Higher Op Mgn LTM (Value for WFG: -8.7%)

Higher CFO/Rev LTM (Value for WFG: 1.8%)

Higher FCF/Rev LTM (Value for WFG: -5.7%)

Higher Total Yield (Value for WFG: -16.7%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for WFG: -16.4% | 0.9x)

Higher Rev Chg LTM (Value for WFG: -11.5%)

Higher Rev Chg 3Y Avg (Value for WFG: -16.4%)

Higher Op Mgn LTM (Value for WFG: -8.7%)

Higher CFO/Rev LTM (Value for WFG: 1.8%)

Higher FCF/Rev LTM (Value for WFG: -5.7%)

Higher Total Yield (Value for WFG: -16.7%)

Best Bets in Materials

P/EBIT (Value for WFG: -4.4x)

P/E (Value for WFG: -5.3x)

Rev Chg 3Y Avg (Value for WFG: -16.4%)

Rev Chg LTM (Value for WFG: -11.5%)

Rev Chg Q (Value for WFG: -17.1%)

FCF/Rev 3Y Avg (Value for WFG: -0.7%)

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Market Price (3/30/2026): $63.84 | Market Cap: $5.0 Bil
Sector: Materials | Industry: Forest Products

Market Price (3/30/2026): $63.84
Market Cap: $5.0 Bil
Sector: Materials
Industry: Forest Products