Taiga Building Products Ltd is a building materials business based in Canada. Taiga Building Products shares (TBL) are listed on the TO and all prices are listed in Canadian Dollars. Taiga Building Products employs 563 staff and has a trailing 12-month revenue of around CADC$2.2 billion.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Since the stock market crash in March caused by coronavirus, Taiga Building Products's stock price has had significant positive movement.
Its last market close was C$2.59, which is 55.21% up on its pre-crash value of C$1.16 and 407.84% up on the lowest point reached during the March crash when the stocks fell as low as C$0.51.
If you had bought C$1,000 worth of Taiga Building Products stocks at the start of February 2020, those stocks would have been worth C$631.58 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$2,271.92.
|Latest market close||C$2.59|
|52-week range||C$1.17 - C$3.23|
|50-day moving average||C$2.56|
|200-day moving average||C$2.66|
|Wall St. target price||N/A|
|Dividend yield||C$3.5 (109.03%)|
|Earnings per share (TTM)||C$1.27|
Note: The dollar amounts in the table below are in Canadian dollars.
|1 week (2021-10-08)||3.60%|
|1 month (2021-09-16)||2.59|
|3 months (2021-07-16)||4.44%|
|6 months (2021-04-15)||-4.43%|
|1 year (2020-10-15)||90.44%|
|2 years (2019-10-15)||159.00%|
|3 years (2018-10-12)||70.39%|
|5 years (2016-10-12)||N/A|
Valuing Taiga Building Products stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Taiga Building Products's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Taiga Building Products's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Taiga Building Products shares trade at around 2x recent earnings.
Taiga Building Products's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$204 million.
The EBITDA is a measure of a Taiga Building Products's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||C$2.2 billion|
|Operating margin TTM||8.88%|
|Gross profit TTM||C$225.2 million|
|Return on assets TTM||20.69%|
|Return on equity TTM||65.97%|
|Market capitalisation||C$271.4 million|
TTM: trailing 12 months
There are currently 951 Taiga Building Products shares held short by investors – that's known as Taiga Building Products's "short interest". This figure is 96.7% down from 29,066 last month.
There are a few different ways that this level of interest in shorting Taiga Building Products shares can be evaluated.
Taiga Building Products's "short interest ratio" (SIR) is the quantity of Taiga Building Products shares currently shorted divided by the average quantity of Taiga Building Products shares traded daily (recently around 19020). Taiga Building Products's SIR currently stands at 0.05. In other words for every 100,000 Taiga Building Products shares traded daily on the market, roughly 50 shares are currently held short.
However Taiga Building Products's short interest can also be evaluated against the total number of Taiga Building Products shares, or, against the total number of tradable Taiga Building Products shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Taiga Building Products's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Taiga Building Products shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Taiga Building Products shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Taiga Building Products.
Dividend payout ratio: 29.85% of net profits
Recently Taiga Building Products has paid out, on average, around 29.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Taiga Building Products shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Taiga Building Products's case, that would currently equate to about C$3.5 per share.
While Taiga Building Products's payout ratio might seem fairly standard, it's worth remembering that Taiga Building Products may be investing much of the rest of its net profits in future growth.
Taiga Building Products's most recent dividend payout was on 19 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 March 2021 (the "ex-dividend date").
Over the last 12 months, Taiga Building Products's shares have ranged in value from as little as C$1.1677 up to C$3.23. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Taiga Building Products's is 1.0427. This would suggest that Taiga Building Products's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. It offers composite decking products, railings, and accessories; engineered wood products; laminate and vinyl floorings; insulation products; dimension lumber products; moldings; panels, such as plywood, oriented strand boards, and particleboards; polyethylene sheeting products; and preserved wood products, including fencing, landscape timbers, plywoods, preserved wood foundation, and pre-stained products. The company also provides roofing materials; batt and foam insulation products; siding and trim products; and wall coverings and accessories. In addition, it produces pressure-treated wood products. The company distributes its building products through 15 distribution centers in Canada, 3 distribution centers in the United States to building products retailers, building supply yards, and industrial manufacturers. It also exports its products to Asia, Central America, South America, and the Middle East.
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