UFP Industries, Inc. (UFPI) vs West Fraser Timber Co. Ltd. (WFG)

UFP Industries, Inc. and West Fraser Timber Co. Ltd. are both Lumber & Wood Production companies. West Fraser Timber Co. Ltd. is the larger, with a market value of $5.1B against $4.3B — 1.2× the size. West Fraser Timber Co. Ltd. has negative trailing earnings, so its P/E is not meaningful; UFP Industries, Inc. trades at 17.9×. UFP Industries, Inc. grew revenue faster over the last twelve months: −4.72% against −10.2%. UFP Industries, Inc. has the higher net margin (3.84% vs −23.0%) and the higher return on invested capital (7.46% vs −15.9%). Both pay a dividend; West Fraser Timber Co. Ltd. yields more (1.95% vs 1.82%). Across the 20 metrics below, UFP Industries, Inc. leads on 16 and West Fraser Timber Co. Ltd. on 4.

Valuation

Metric UFPI WFG Lumber & Wood Production median
P/E 17.93 n/m —
P/S 0.68 0.98 0.68
P/B 1.38 0.92 1.35
Price to free cash flow 13.76 n/m —
EV/EBITDA 7.89 n/m —
EV/Sales 0.61 1.03 0.61
Earnings yield 5.58% (23.41%) 3.87%
Free cash flow yield 7.27% (8.95%) 5.30%

Profitability

Metric UFPI WFG Lumber & Wood Production median
Gross margin 16.13% 7.01% 16.13%
Operating margin 5.07% (28.46%) 2.48%
Net margin 3.84% (22.98%) 1.64%
Free cash flow margin 4.92% (8.78%) 2.28%
Return on equity 7.68% (19.32%) 2.53%
Return on assets 5.83% (14.86%) 1.55%
Return on invested capital 7.46% (15.94%) 2.26%

Growth

Metric UFPI WFG Lumber & Wood Production median
Revenue growth (TTM) (4.72%) (10.18%) (4.72%)
EPS growth (last fiscal year) (26.14%) (17,157.14%) (44.63%)
Revenue growth, 5-year CAGR 4.16% 4.55% 3.68%
Net income growth, 5-year CAGR 3.41% 0.00% 0.00%

Health

Metric UFPI WFG Lumber & Wood Production median
Debt to equity 0.08 0.06 0.12
Current ratio 3.98 2.06 3.00
Net debt to EBITDA (1.39) (0.15) (0.35)

Dividend

Metric UFPI WFG Lumber & Wood Production median
Dividend yield 1.82% 1.95% —
Payout ratio 0.33 — —

Size

Metric UFPI WFG Lumber & Wood Production median
Market cap 4.27b 5.13b 3.45b

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