Professional
Added to YB: 2024-02-07
Pitch date: 2024-02-07
GFP.TO [bullish]
GreenFirst Forest Products Inc.
-18.73%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
GreenFirst Forest Products Inc. engages in the forest products business that manufactures, markets, distributes, and sells lumber products in Canada and the United States.
Market Cap
CAD 77.3M
Pitch Price
CAD 7.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.10
P/E
-2.85
EV/Sales
0.25
Sector
Paper and Forest Products
Category
turnaround
River Oaks Capital holding: GreenFirst Forest Products ($GFP.TO)
$GFP.TO: Lumber biz trading below liquidation value. Mgmt cut debt, costs & hired new CEO. ~50% of mkt cap in non-core assets (duties, RE, pension, tax losses). FCF yield 10-13% at mid-cycle prices. Takeout candidate trading <$150/Mfbm. Buybacks soon?
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