Conifex Timber (CFF) AI Stock Analysis

• Market Cap: C$9.38M
• Dividend Yield: N/A
• Average Volume (3M): 22.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.56
• Revenue Growth: 10.33%
• EPS Growth: -52.20%
• Country: CA
• Employees: 244
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -0.37
• Shares Outstanding: 40,767,710
• 10 Day Avg. Volume: 25,842
• 30 Day Avg. Volume: 21,996
• PEG Ratio: 0.08
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -1.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.40
• Price Target Upside: 110.53% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: C$0.00 ▼(-100.00% Downside)

Conifex Timber's overall stock score is heavily impacted by its poor financial performance, which is the most significant factor. The technical analysis also indicates bearish momentum, while the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest a challenging outlook for the stock.

Conifex Timber Business Overview & Revenue Model

Company Description

Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as by-products or residues, such as trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also develops bioenergy and bio products; and operates a 36 megawatt biomass power generation plant, which produces renewable energy for commercial sale. The company was formerly known as West Fourth Capital Inc. and changed its name to Conifex Timber Inc. in June 2010. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Conifex Timber generates revenue primarily through the sale of lumber products, wood chips, and other timber-related goods. The company operates sawmills that convert harvested timber into finished lumber, which is then sold to various markets, including home builders, construction companies, and wholesalers. In addition to lumber, Conifex produces wood chips, which are used for various applications, including biomass energy production. Key revenue streams also include the sale of timber from its land holdings. The company benefits from strategic partnerships within the forestry and construction sectors, allowing it to optimize its supply chain and expand its market reach. Fluctuations in lumber prices, demand for construction materials, and the overall health of the housing market significantly influence Conifex's earnings.

Conifex Timber Financial Statement Overview

Summary

Conifex Timber is facing significant financial challenges. The income statement shows declining revenues and persistent losses. The balance sheet reflects increased leverage and negative returns on equity, while the cash flow statement underscores liquidity issues with negative cash flows and declining growth rates.

Income Statement

Conifex Timber's income statement reveals significant challenges. The company has experienced declining revenue over the past few years, with a slight recovery in the TTM period. Gross profit margins have been volatile, and the company has struggled to maintain profitability, as evidenced by negative net profit margins and EBIT margins in recent periods. The revenue growth rate in the TTM period shows a slight improvement, but overall, the income statement reflects a company facing substantial profitability issues.

Balance Sheet

The balance sheet indicates a moderately leveraged position with a debt-to-equity ratio slightly above 1 in the TTM period. The equity ratio has been declining, suggesting increased reliance on debt financing. Return on equity has been negative in recent periods, reflecting the company's struggle to generate returns for shareholders. While the company has maintained a stable asset base, the financial leverage and negative ROE are concerning.

Cash Flow

Conifex Timber's cash flow statement highlights significant challenges in generating positive cash flows. The company has reported negative operating cash flows and free cash flows in recent periods, with a declining free cash flow growth rate. The operating cash flow to net income ratio is negative, indicating operational inefficiencies. Despite a high free cash flow to net income ratio, the overall cash flow position is weak, reflecting liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	133.70M	127.74M	141.16M	231.27M	250.53M	128.71M
Gross Profit	16.87M	3.84M	-5.82M	65.55M	72.44M	28.11M
EBITDA	-5.77M	-15.12M	-25.77M	35.86M	51.49M	9.72M
Net Income	-23.16M	-29.78M	-30.63M	24.49M	27.20M	-6.77M
Balance Sheet
Total Assets	203.35M	203.88M	218.99M	257.26M	231.46M	216.76M
Cash, Cash Equivalents and Short-Term Investments	2.99M	3.64M	4.19M	8.44M	6.35M	11.16M
Total Debt	81.63M	77.32M	63.85M	62.80M	59.38M	63.40M
Total Liabilities	125.45M	118.04M	103.49M	111.00M	101.63M	100.34M
Stockholders Equity	77.91M	85.84M	115.50M	146.27M	129.83M	116.42M
Cash Flow
Free Cash Flow	-12.59M	-10.70M	-2.99M	11.31M	20.33M	-8.52M
Operating Cash Flow	-8.55M	-6.62M	3.62M	24.83M	26.74M	-6.30M
Investing Cash Flow	-3.33M	-4.08M	-5.20M	-12.81M	-5.81M	221.48M
Financing Cash Flow	3.92M	10.15M	-2.67M	-9.94M	-25.73M	-207.41M

Conifex Timber Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CFF, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.24, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.95 is Neutral, neither overbought nor oversold. The STOCH value of 4.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CFF.

Conifex Timber Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ADN	58 Neutral	C$256.93M	16.89	4.46%	9.58%	-28.86%	-48.20%
CFP	48 Neutral	$1.42B	-3.09	-15.06%	―	1.76%	34.61%
CFX	46 Neutral	C$25.44M	-0.17	-6.02%	―	-15.38%	94.27%
WEF	44 Neutral	C$122.05M	-5.65	-12.20%	―	2.06%	-46.23%
GFP	42 Neutral	$52.21M	-1.69	-73.85%	―	-17.95%	-97.06%
CFF	38 Underperform	C$9.38M	-0.40	-45.26%	―	10.33%	-52.20%

Conifex Timber Corporate Events

Conifex Timber Reports Increased Production Amid Financial Losses in Q3 2025

Conifex Timber Inc. reported a significant financial downturn in the third quarter of 2025, with a net loss of $16.6 million, compared to losses in previous quarters. The company’s lumber production increased by 9% from the previous quarter, despite challenges related to log profile and delivery delays. This increase was due to improved log availability and operational adjustments, although the financial results reflect ongoing operational and market challenges.

The most recent analyst rating on (TSE:CFF) stock is a Sell with a C$0.50 price target. To see the full list of analyst forecasts on Conifex Timber stock, see the TSE:CFF Stock Forecast page.