GreenFirst Forest Products (GFP) AI Stock Analysis

• Market Cap: $67.81M
• Dividend Yield: N/A
• Average Volume (3M): 3.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: -23.09%
• EPS Growth: 46.68%
• Country: CA
• Employees: 750
• Sector: Basic Materials
• Sector Strength: 55
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -0.42
• Shares Outstanding: 22,602,750
• 10 Day Avg. Volume: 3,316
• 30 Day Avg. Volume: 3,298
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 5.60
• Enterprise Value/Ebitda: 52.43
• 1Y Price Target: $3.00
• Price Target Upside: -0.09% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: C$3.00 ▲(0.00% Upside)

GreenFirst Forest Products faces significant challenges, primarily due to negative financial performance and bearish technical indicators. While there are operational improvements and strategic investments, these are overshadowed by ongoing financial losses and market uncertainties.

GreenFirst Forest Products Business Overview & Revenue Model

Company Description

GreenFirst Forest Products (GFP) is a leading Canadian producer of sustainable forest products, specializing in the manufacturing of lumber, wood pellets, and engineered wood products. The company operates primarily in the forestry and wood processing sectors, focusing on environmentally responsible practices and the sustainable management of forest resources. GFP's core offerings include dimensional lumber for construction, renewable wood pellets for energy, and various engineered wood solutions designed for both residential and commercial applications.

How the Company Makes Money

GreenFirst Forest Products generates revenue through multiple streams, primarily by selling its manufactured products to construction companies, retailers, and distributors. The sale of lumber constitutes a significant portion of its revenue, catering to both domestic and international markets. Additionally, the company earns income from wood pellet sales, capitalizing on the growing demand for renewable energy sources. Strategic partnerships with major retailers and construction firms enhance distribution and market reach, while efficient production processes and sustainable sourcing practices help reduce costs and increase profit margins. Furthermore, GFP may benefit from government incentives promoting sustainable forestry, adding another layer to its revenue-generating capabilities.

GreenFirst Forest Products Financial Statement Overview

Summary

GreenFirst Forest Products faces financial challenges with declining revenues, negative profitability margins, and cash flow constraints. Despite manageable debt levels, the shrinking asset base and negative return on equity highlight inefficiencies.

Income Statement

GreenFirst Forest Products has seen declining revenue over the past two years, with a significant drop from 2023 to 2024. The company’s gross profit margin improved in 2024 but remains low. Net profit margins have been negative, with losses in the last two years indicating profitability challenges. The EBIT and EBITDA margins have also been negative, reflecting operational difficulties.

Balance Sheet

The company's debt-to-equity ratio is relatively low, indicating manageable leverage. However, the equity ratio has decreased, reflecting a shrinking asset base. Return on equity is negative, pointing to inefficiencies in generating returns for shareholders. Despite these challenges, the company maintains a solid equity base compared to its liabilities.

Cash Flow

GreenFirst Forest Products has experienced negative free cash flow in recent years, with a significant decline from 2023 to 2024. The operating cash flow to net income ratio is negative, highlighting cash flow challenges. The free cash flow to net income ratio is also negative, indicating limited cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	297.12M	282.85M	409.62M	446.26M	190.48M	0.00
Gross Profit	19.76M	9.04M	-12.45M	43.08M	28.25M	0.00
EBITDA	2.11M	5.31M	-30.89M	29.80M	264.00K	0.00
Net Income	-27.87M	-47.07M	-47.02M	-4.13M	-9.62M	-2.28M
Balance Sheet
Total Assets	216.08M	220.47M	277.94M	371.50M	415.94M	17.31M
Cash, Cash Equivalents and Short-Term Investments	4.37M	27.76M	2.42M	25.35M	36.17M	5.40M
Total Debt	30.86M	23.02M	25.63M	57.70M	125.19M	3.70M
Total Liabilities	77.31M	74.85M	92.71M	147.04M	186.78M	5.14M
Stockholders Equity	138.77M	145.62M	185.24M	224.46M	229.16M	12.18M
Cash Flow
Free Cash Flow	-37.79M	-32.41M	-82.21M	24.26M	-2.16M	-13.12M
Operating Cash Flow	-20.45M	-23.99M	-58.03M	57.86M	3.94M	-1.60M
Investing Cash Flow	10.23M	19.67M	67.36M	15.06M	-251.65M	-10.87M
Financing Cash Flow	9.39M	29.65M	-32.26M	-83.75M	278.61M	4.84M

GreenFirst Forest Products Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GFP, the sentiment is Negative. The current price of 3 is below the 20-day moving average (MA) of 3.09, below the 50-day MA of 3.37, and below the 200-day MA of 4.37, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 39.92 is Neutral, neither overbought nor oversold. The STOCH value of 19.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GFP.

GreenFirst Forest Products Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDL	60 Neutral	C$94.68M	11.44	4.19%	4.38%	3.48%	-37.78%
ADN	60 Neutral	C$323.50M	22.40	4.24%	8.23%	-26.79%	-57.05%
WEF	52 Neutral	C$135.78M	―	-3.84%	―	3.89%	49.05%
CFX	47 Neutral	C$38.49M	―	-60.90%	―	-11.47%	-167.18%
GFP	44 Neutral	$67.81M	―	-13.50%	―	-23.09%	46.68%
CFF	44 Neutral	C$12.64M	―	-25.84%	―	-8.76%	16.86%
Sector *	43 Neutral	C$908.59M	-8.58	-0.02%	2.69%	23.40%	-43.40%

GreenFirst Forest Products Corporate Events

GreenFirst Faces Q2 Loss Amid Market Challenges and Tariff Hikes

GreenFirst Forest Products Inc. reported a net loss of $9.6 million for the second quarter of 2025, attributed to declining lumber prices and increased production costs. Despite these challenges, the company achieved record production volumes and is investing in a new production line, supported by expected government funding, to improve future productivity and cost efficiency. However, the company faces a significant non-cash duty expense due to increased U.S. tariffs on Canadian softwood lumber, impacting its financial outlook.

GreenFirst Forest Products to Host Q2 2025 Earnings Call

GreenFirst Forest Products has announced it will host a conference call to discuss its second quarter 2025 financial results on August 13, 2025. This event is significant for stakeholders as it provides insights into the company’s financial health and strategic positioning within the sustainable forestry and lumber industry.

GreenFirst Forest Products Reports Positive Q1 2025 Results Amid Market Challenges

GreenFirst Forest Products reported a positive financial performance for the first quarter of 2025, with a net income of $0.9 million and an adjusted EBITDA of $5.1 million, marking a significant improvement from the previous quarter’s losses. Despite economic uncertainty and potential tariffs on lumber exports to the U.S., the company benefited from strong lumber prices, which offset lower sales volumes due to market conditions and weather-related disruptions. The company remains focused on disciplined capital expenditures and maintaining a strong balance sheet to handle market volatility.