Financials Stella-Jones Inc.

Equities

SJ

CA85853F1053

Forest & Wood Products

Market Closed - Toronto S.E. 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
81.78 CAD +1.81% Intraday chart for Stella-Jones Inc. +2.23% +6.04%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,551 3,078 2,570 2,879 4,397 4,636 - -
Enterprise Value (EV) 1 3,274 3,823 3,448 3,987 6,007 6,071 5,991 4,636
P/E ratio 15.8 x 14.8 x 11.5 x 12.3 x 13.7 x 14.5 x 13 x 12 x
Yield 1.49% 1.3% 1.8% 1.65% 1.19% 1.35% 1.55% -
Capitalization / Revenue 1.18 x 1.21 x 0.93 x 0.94 x 1.32 x 1.29 x 1.21 x 1.15 x
EV / Revenue 1.51 x 1.5 x 1.25 x 1.3 x 1.81 x 1.69 x 1.57 x 1.15 x
EV / EBITDA 10.5 x 9.93 x 8.62 x 8.9 x 9.88 x 9.86 x 9.28 x 6.94 x
EV / FCF 136 x 27.9 x 17 x 31.2 x -125 x 20 x 22.7 x 16.8 x
FCF Yield 0.74% 3.58% 5.89% 3.21% -0.8% 4.99% 4.4% 5.97%
Price to Book 1.96 x 2.23 x 1.8 x 1.84 x 2.71 x 2.64 x 2.42 x -
Nbr of stocks (in thousands) 67,989 66,508 64,241 59,346 57,021 56,686 - -
Reference price 2 37.52 46.28 40.01 48.52 77.12 81.78 81.78 81.78
Announcement Date 11/03/20 10/03/21 09/03/22 08/03/23 29/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,169 2,551 2,750 3,065 3,319 3,593 3,824 4,027
EBITDA 1 312.9 385 400 448 608 615.8 645.4 668.2
EBIT 1 242.3 309 326 359 499 502 535.7 545.1
Operating Margin 11.17% 12.11% 11.85% 11.71% 15.03% 13.97% 14.01% 13.54%
Earnings before Tax (EBT) 1 218.7 284 303 326 431 422.1 452.8 465.5
Net income 1 163.1 210 227 241 326 314.8 342.5 344.8
Net margin 7.52% 8.23% 8.25% 7.86% 9.82% 8.76% 8.96% 8.56%
EPS 2 2.370 3.120 3.490 3.930 5.620 5.653 6.290 6.830
Free Cash Flow 1 24.08 137 203 128 -48 303.1 263.7 276.6
FCF margin 1.11% 5.37% 7.38% 4.18% -1.45% 8.44% 6.9% 6.87%
FCF Conversion (EBITDA) 7.7% 35.58% 50.75% 28.57% - 49.22% 40.86% 41.39%
FCF Conversion (Net income) 14.76% 65.24% 89.43% 53.11% - 96.27% 76.98% 80.22%
Dividend per Share 2 0.5600 0.6000 0.7200 0.8000 0.9200 1.103 1.271 -
Announcement Date 11/03/20 10/03/21 09/03/22 08/03/23 29/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 679 545 651 907 842 665 710 972 949 688 771 1,062 1,018 740.5 826.8
EBITDA 1 69 52 88 154 119 87 120 175 193 120 130.7 188.8 179 120.3 137.1
EBIT 1 51 32 67 133 98 61 95 149 166 89 106.5 160.9 144.4 93.45 106.1
Operating Margin 7.51% 5.87% 10.29% 14.66% 11.64% 9.17% 13.38% 15.33% 17.49% 12.94% 13.81% 15.15% 14.18% 12.62% 12.83%
Earnings before Tax (EBT) 1 46 26 61 127 88 50 81 133 149 68 84.55 140 123.6 73.4 87
Net income 1 34 22 46 94 65 36 60 100 110 56 60.6 103 90.9 54.1 64.4
Net margin 5.01% 4.04% 7.07% 10.36% 7.72% 5.41% 8.45% 10.29% 11.59% 8.14% 7.86% 9.69% 8.93% 7.31% 7.79%
EPS 2 0.5200 0.3400 0.7300 1.510 1.070 0.6100 1.030 1.720 1.910 0.9900 1.082 1.858 1.756 0.9701 1.235
Dividend per Share 2 0.1800 0.1800 0.2000 0.2000 0.2000 0.2000 0.2300 0.2300 - 0.2300 0.2300 0.2800 0.2800 0.2800 -
Announcement Date 09/11/21 09/03/22 11/05/22 10/08/22 09/11/22 08/03/23 10/05/23 09/08/23 07/11/23 29/02/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 723 745 878 1,108 1,610 1,435 1,355 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.311 x 1.935 x 2.195 x 2.473 x 2.648 x 2.33 x 2.1 x -
Free Cash Flow 1 24.1 137 203 128 -48 303 264 277
ROE (net income / shareholders' equity) 12.7% 15.8% 16.1% 18.5% 20.3% 18.5% 18.9% 17.1%
ROA (Net income/ Total Assets) 7.51% 8.9% - - - - - -
Assets 1 2,172 2,360 - - - - - -
Book Value Per Share 2 19.10 20.70 22.30 26.30 28.50 31.00 33.80 -
Cash Flow per Share 2 1.310 2.640 3.860 4.150 1.850 6.570 6.880 -
Capex 1 65.8 42 48 97 155 98.4 79.1 82.5
Capex / Sales 3.04% 1.65% 1.75% 3.16% 4.67% 2.74% 2.07% 2.05%
Announcement Date 11/03/20 10/03/21 09/03/22 08/03/23 29/02/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
81.78 CAD
Average target price
90.86 CAD
Spread / Average Target
+11.10%
Consensus
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  4. Financials Stella-Jones Inc.