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Acadian Timber

BST:779
Snowflake Description

Fair value second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
779
BST
CA$213M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
  • Acadian Timber has significant price volatility in the past 3 months.
779 Share Price and Events
7 Day Returns
0%
BST:779
12.8%
Europe Forestry
9.9%
DE Market
1 Year Returns
-24.7%
BST:779
-16.7%
Europe Forestry
-17.5%
DE Market
779 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Acadian Timber (779) 0% -25.7% -26.4% -24.7% - -
Europe Forestry 12.8% -12.8% -22.9% -16.7% -28.4% -10.2%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 779 underperformed the Forestry industry which returned -16.7% over the past year.
  • 779 underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
779
Industry
5yr Volatility vs Market

779 Value

 Is Acadian Timber undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Acadian Timber to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Acadian Timber.

BST:779 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in CAD CA$ 1.148
Payout Ratio Company Filings (2019-12-31) 8136.3%
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:779
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Forestry Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.039 (1 + (1- 26.5%) (47.41%))
1.269
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.27
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.269 * 5.44%)
6.51%

Discounted Cash Flow Calculation for BST:779 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Acadian Timber is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BST:779 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CA$1.15 / (6.51% - -0.39%)
CA$6.71
BST:779 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:779 represents 0.6353x of TSX:ADN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.6353x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 16.64 x 0.6353
€10.57
Value per share (EUR) From above. €10.57
Current discount Discount to share price of €8.10
= -1 x (€8.10 - €10.57) / €10.57
23.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Acadian Timber is available for.
Intrinsic value
23%
Share price is €8.1 vs Future cash flow value of €10.57
Current Discount Checks
For Acadian Timber to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Acadian Timber's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Acadian Timber's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Acadian Timber's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Acadian Timber's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:779 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$1.04
TSX:ADN Share Price ** TSX (2020-03-31) in CAD CA$12.75
Europe Forestry Industry PE Ratio Median Figure of 31 Publicly-Listed Forestry Companies 8.98x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Acadian Timber.

BST:779 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:ADN Share Price ÷ EPS (both in CAD)

= 12.75 ÷ 1.04

12.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acadian Timber is overvalued based on earnings compared to the Europe Forestry industry average.
  • Acadian Timber is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Acadian Timber's expected growth come at a high price?
Raw Data
BST:779 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
6.8%per year
Europe Forestry Industry PEG Ratio Median Figure of 21 Publicly-Listed Forestry Companies 0.43x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

BST:779 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.28x ÷ 6.8%

1.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acadian Timber is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Acadian Timber's assets?
Raw Data
BST:779 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$17.18
TSX:ADN Share Price * TSX (2020-03-31) in CAD CA$12.75
Europe Forestry Industry PB Ratio Median Figure of 38 Publicly-Listed Forestry Companies 0.9x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
BST:779 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:ADN Share Price ÷ Book Value per Share (both in CAD)

= 12.75 ÷ 17.18

0.74x

* Primary Listing of Acadian Timber.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acadian Timber is good value based on assets compared to the Europe Forestry industry average.
X
Value checks
We assess Acadian Timber's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Forestry industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Forestry industry average (and greater than 0)? (1 check)
  5. Acadian Timber has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

779 Future Performance

 How is Acadian Timber expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Acadian Timber expected to grow at an attractive rate?
  • Acadian Timber's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Acadian Timber's earnings growth is positive but not above the Germany market average.
  • Acadian Timber's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:779 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:779 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 6.8%
BST:779 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -0.8%
Europe Forestry Industry Earnings Growth Rate Market Cap Weighted Average -8.1%
Europe Forestry Industry Revenue Growth Rate Market Cap Weighted Average 0.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:779 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:779 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 95 19 1
2021-12-31 96 33 18 2
2020-12-31 83 32 12 2
2020-04-01
BST:779 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 100 -4 17
2019-09-28 98 0 18
2019-06-29 100 16 34
2019-03-30 98 19 30
2018-12-31 100 16 26
2018-09-29 101 18 22
2018-06-30 102 19 26
2018-03-31 100 17 28
2017-12-31 95 22 31
2017-09-30 92 18 22
2017-06-24 84 19 15
2017-03-25 84 19 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Acadian Timber's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • Acadian Timber's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:779 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Acadian Timber Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:779 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 1.12 1.12 1.12 1.00
2021-12-31 1.09 1.09 1.09 1.00
2020-12-31 0.71 0.71 0.71 1.00
2020-04-01
BST:779 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 1.04
2019-09-28 1.05
2019-06-29 2.06
2019-03-30 1.82
2018-12-31 1.57
2018-09-29 1.33
2018-06-30 1.55
2018-03-31 1.68
2017-12-31 1.84
2017-09-30 1.29
2017-06-24 0.88
2017-03-25 0.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Acadian Timber is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Acadian Timber's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Acadian Timber has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

779 Past Performance

  How has Acadian Timber performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Acadian Timber's growth in the last year to its industry (Forestry).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Acadian Timber's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Acadian Timber's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Acadian Timber's 1-year earnings growth is negative, it can't be compared to the Europe Forestry industry average.
Earnings and Revenue History
Acadian Timber's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Acadian Timber Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:779 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 100.05 17.33 9.49
2019-09-28 98.38 17.54 10.04
2019-06-29 99.66 34.36 9.64
2019-03-30 97.84 30.46 9.43
2018-12-31 99.85 26.26 9.74
2018-09-29 101.49 22.17 9.07
2018-06-30 102.09 25.92 9.21
2018-03-31 100.32 28.05 9.39
2017-12-31 95.38 30.82 9.12
2017-09-30 92.30 21.59 8.91
2017-06-24 84.41 14.67 7.84
2017-03-25 83.73 16.49 7.10
2016-12-31 77.17 16.07 6.27
2016-09-24 76.18 26.72 6.29
2016-06-25 79.47 21.09 6.58
2016-03-26 81.18 20.91 6.21
2015-12-31 84.42 13.64 6.39
2015-09-26 85.20 38.24 6.25
2015-06-27 84.15 40.53 6.04
2015-03-28 80.81 39.62 6.10
2014-12-31 77.37 43.24 5.97
2014-09-27 76.62 8.30 6.35
2014-06-28 73.80 12.25 6.60
2014-03-29 77.37 6.65 6.79
2013-12-31 74.38 7.25 6.93
2013-09-28 71.03 7.62 6.43
2013-06-29 69.79 9.22 6.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Acadian Timber has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Acadian Timber used its assets less efficiently than the Europe Forestry industry average last year based on Return on Assets.
  • Acadian Timber has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Acadian Timber's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Forestry industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Acadian Timber has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

779 Health

 How is Acadian Timber's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Acadian Timber's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Acadian Timber's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Acadian Timber's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Acadian Timber's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Acadian Timber Company Filings, last reported 3 months ago.

BST:779 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 286.70 100.88 7.60
2019-09-28 272.49 104.65 12.90
2019-06-29 286.71 93.42 20.88
2019-03-30 288.62 94.91 22.64
2018-12-31 290.41 96.60 22.32
2018-09-29 275.15 91.18 21.60
2018-06-30 276.15 92.46 22.87
2018-03-31 276.66 90.52 22.26
2017-12-31 274.09 90.87 23.95
2017-09-30 263.37 90.10 20.28
2017-06-24 266.04 95.86 20.64
2017-03-25 267.48 96.63 22.44
2016-12-31 267.85 97.07 19.65
2016-09-24 260.30 94.76 19.80
2016-06-25 260.53 93.82 18.78
2016-03-26 261.64 95.73 20.49
2015-12-31 267.05 99.82 17.72
2015-09-26 255.33 95.95 16.01
2015-06-27 251.19 89.17 15.58
2015-03-28 253.42 91.75 16.53
2014-12-31 248.61 83.94 12.66
2014-09-27 181.55 80.84 12.90
2014-06-28 181.05 76.96 7.92
2014-03-29 183.09 79.65 11.04
2013-12-31 182.19 76.50 8.56
2013-09-28 180.66 75.78 8.50
2013-06-29 182.32 75.62 5.45
  • Acadian Timber's level of debt (35.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (33.8% vs 35.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).
X
Financial health checks
We assess Acadian Timber's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Acadian Timber has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

779 Dividends

 What is Acadian Timber's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.1%
Current annual income from Acadian Timber dividends. Estimated to be 9% next year.
If you bought €2,000 of Acadian Timber shares you are expected to receive €182 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Acadian Timber's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Acadian Timber's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:779 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Forestry Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 5.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:779 Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 1.12 1.00
2023-12-31 1.12 1.00
2022-12-31 1.14 2.00
2021-12-31 1.16 3.00
2020-12-31 1.16 3.00
2020-04-01
BST:779 Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-10-30 1.160 7.220
2019-07-30 1.160 6.973
2019-05-10 1.160 6.965
2019-05-09 1.160 6.995
2019-02-19 1.160 6.933
2019-02-13 1.160 6.689
2018-11-01 1.130 7.180
2018-10-31 1.130 6.633
2018-05-07 1.130 5.895
2018-02-14 1.100 5.686
2017-10-25 1.100 5.787
2017-05-03 1.100 5.896
2017-02-16 1.100 6.004
2016-10-26 1.000 5.663
2016-08-10 1.000 5.543
2016-05-09 1.000 5.789
2016-02-10 1.000 5.287
2015-10-27 1.000 5.338
2015-08-18 0.900 4.530
2015-04-28 0.900 4.742
2015-02-10 0.900 5.080
2014-10-27 0.825 5.347
2014-07-29 0.825 6.063
2014-05-12 0.825 6.242
2014-02-14 0.825 6.280
2014-02-11 0.825 6.279
2013-11-01 0.825 6.673
2013-10-30 0.825 6.369
2013-05-09 0.825 6.285
2012-10-30 0.825 5.800
2012-07-31 0.825 6.538
2012-02-06 0.825 7.196
2011-10-27 0.825 7.889
2011-07-27 0.825 8.120
2011-05-03 0.825 7.051
2011-02-08 0.825 7.523
2010-10-26 0.200 2.685
2010-07-30 0.200 3.266
2010-04-28 0.200 3.031
2010-03-19 0.200 2.736
2010-02-24 0.200 2.929
2010-02-10 0.200 3.021
2010-01-04 0.200 3.083
2009-10-21 0.825 12.374
2009-09-21 0.825 10.422
2009-08-20 0.825 9.955
2009-07-22 0.825 10.037
2009-06-19 0.825 10.700
2009-05-20 0.825 9.707
2009-04-21 0.825 11.246

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Acadian Timber's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess Acadian Timber's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Acadian Timber afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Acadian Timber has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

779 Management

 What is the CEO of Acadian Timber's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Erika Reilly
COMPENSATION CA$87,101
TENURE AS CEO 0.5 years
CEO Bio

Ms. Erika Nicole Reilly serves as Interim President and Chief Executive Officer of Acadian Timber Corp. since September 2019. Ms. Reilly serves as Senior Vice President at Brookfield Asset Management Inc. Since joining Brookfield in 2006, Ms. Reilly has evaluated and financed timberland investment opportunities, monitored portfolio company performance and led fundraising efforts for Brookfield's timberland funds and she was responsible for the financial reporting, risk management, corporate finance and overall funding activities of Brookfield Corporation. Prior to joining Brookfield, she was an investment banker focused on the paper and forest products industry and businesses based at CIBC World Markets from August 2003 to February 2006. Prior to this, Ms. Reilly served as the Chief Financial Officer at Acadian Timber Corp. from July 31, 2013 to August 3, 2016 and its Senior Vice-President. She holds a Bachelor of Commerce in Finance from the University of British Columbia since 2003.

CEO Compensation
  • Erika's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Erika's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Acadian Timber management team in years:

0.5
Average Tenure
  • The average tenure for the Acadian Timber management team is less than 2 years, this suggests a new team.
Management Team

Erika Reilly

TITLE
Interim President & CEO
COMPENSATION
CA$87K
TENURE
0.5 yrs

Adam Sheparski

TITLE
Chief Financial Officer
TENURE
0.1 yrs

Normand Haché

TITLE
Senior Vice President of Marketing & Operations

Kevin Topolniski

TITLE
Chief Forester

Leigh Tang

TITLE
Corporate Secretary and Manager of Business & Corporate Services
TENURE
10.2 yrs

Helen Mui

TITLE
Controller
Board of Directors Tenure

Average tenure and age of the Acadian Timber board of directors in years:

0.8
Average Tenure
62
Average Age
  • The average tenure for the Acadian Timber board of directors is less than 3 years, this suggests a new board.
Board of Directors

Malcolm Cockwell

TITLE
Independent Chairman of the Board
COMPENSATION
CA$27K
TENURE
0.6 yrs

Phil Brown

TITLE
Lead Independent Director
COMPENSATION
CA$49K
AGE
63
TENURE
2.8 yrs

Bruce Robertson

TITLE
Independent Director
COMPENSATION
CA$45K
AGE
52
TENURE
2.1 yrs

Reid Carter

TITLE
Director
AGE
62
TENURE
10.2 yrs

Karen Oldfield

TITLE
Director
TENURE
0.8 yrs

Peter Schleifenbaum

TITLE
Independent Director
TENURE
0.6 yrs

Heather Fitzpatrick

TITLE
Independent Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Acadian Timber individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
18. Mar 20 Buy Erika Reilly Individual 17. Mar 20 17. Mar 20 2,000 €8.42 €16,843
22. Aug 19 Buy Macer Forest Holdings Inc. Company 20. Aug 19 20. Aug 19 7,513,262 €11.50 €86,434,148
22. Aug 19 Sell Brookfield Asset Management Inc. Company 20. Aug 19 20. Aug 19 -7,513,262 €11.50 €-86,434,148
X
Management checks
We assess Acadian Timber's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Acadian Timber has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

779 News

Simply Wall St News

779 Company Info

Description

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages approximately 1.1 million acres of freehold timberlands in New Brunswick and Maine; and provides managements services relating to approximately 1.3 million acres of Crown licensed timberlands. Acadian Timber Corp. is headquartered in Vancouver, Canada.

Details
Name: Acadian Timber Corp.
779
Exchange: BST
Founded:
CA$136,591,279
16,686,916
Website: http://www.acadiantimber.com
Address: Acadian Timber Corp.
1055 West Georgia Street,
Suite 2408,
Vancouver,
British Columbia, V6E 3R5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX ADN Common Shares The Toronto Stock Exchange CA CAD 31. Jan 2006
OTCPK ACAZ.F Common Shares Pink Sheets LLC US USD 31. Jan 2006
BST 779 Common Shares Boerse-Stuttgart DE EUR 31. Jan 2006
Number of employees
Current staff
Staff numbers
77
Acadian Timber employees.
Industry
Forest Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 00:50
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.