Canfor Pulp Products (TSX:CFX) 3-Year ROIIC % : 22.28% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Canfor Pulp Products 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Canfor Pulp Products's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 22.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Canfor Pulp Products's 3-Year ROIIC % or its related term are showing as below:

TSX:CFX's 3-Year ROIIC % is ranked better than
74.57% of 291 companies
in the Forest Products industry
Industry Median: 0.15 vs TSX:CFX: 22.28

Canfor Pulp Products 3-Year ROIIC % Historical Data

The historical data trend for Canfor Pulp Products's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canfor Pulp Products 3-Year ROIIC % Chart

Canfor Pulp Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

Get a 7-Day Free Trial

-82.12

-155.58

127.91

7.00

22.28

Canfor Pulp Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
3-Year ROIIC %	Get a 7-Day Free Trial															-	-	-	22.28	-

Competitive Comparison of Canfor Pulp Products's 3-Year ROIIC %

For the Paper & Paper Products subindustry, Canfor Pulp Products's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canfor Pulp Products's 3-Year ROIIC % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Canfor Pulp Products's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Canfor Pulp Products's 3-Year ROIIC % falls into.

Canfor Pulp Products 3-Year ROIIC % Calculation

Canfor Pulp Products's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( -90.15479 (Dec. 2023) - -41.0652 (Dec. 2020) )	/	( 532.1 (Dec. 2023) - 752.4 (Dec. 2020) )
	=	-49.08959	/	-220.3
	=	22.28%^***

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Canfor Pulp Products (TSX:CFX) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Canfor Pulp Products 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Canfor Pulp Products's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Canfor Pulp Products (TSX:CFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Pulp Products Inc (TSX:CFX) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

CFPUF:USA 8CP:Germany

Address

100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2

Website

https://www.canfor.com

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Majority of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

Canfor Pulp Products (TSX:CFX) Headlines

No Headlines