This report should not be construed as providing investment advice. It is for educational purposes only. Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites. www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q1 2016
Hardwoods Distribution Inc. TSX HWD OTC HDIUF http://www.hardwoods-inc.com/ Fiscal Yr: Dec 31
Year 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
$889 <-12 mths 12.63%
Revenue* $355.8 $362.5 $331.8 $256.3 $190.9 $197.7 $230.0 $306.1 $371.2 $455.7 $571.6 $789.3 $1,051.0 $1,098.0 117.73% <-Total Growth 10 Revenue
Increase 22.73% 1.90% -8.49% -22.75% -25.51% 3.53% 16.37% 33.07% 21.28% 22.76% 25.43% 38.09% 33.15% 4.47% 8.09% <-IRR #YR-> 10 Revenue 117.73%
5 year Running Average $318.7 $319.3 $299.5 $267.8 $241.3 $236.2 $259.2 $312.1 $386.9 $499 $647.8 $793.1 27.97% <-IRR #YR-> 5 Revenue 243.15%
Revenue per Share $19.75 $20.13 $18.42 $14.23 $10.60 $10.90 $14.29 $18.67 $22.44 $27.37 $34.10 $36.97 $49.20 $51.40 5.10% <-IRR #YR-> 9 5 yr Running Average #DIV/0!
Increase 22.73% 1.90% -8.49% -22.75% -25.51% 2.88% 31.06% 30.64% 20.22% 21.93% 24.61% 8.41% 33.07% 4.47% 15.63% <-IRR #YR-> 5 5 yr Running Average 106.68%
5 year Running Average $17.69 $17.72 $16.63 $14.86 $13.69 $13.74 $15.38 $18.74 $23.37 $27.91 $34.02 $39.81 6.27% <-IRR #YR-> 10 Revenue per Share 83.69%
P/S (Price/Sales) Med 0.49 0.30 0.33 0.24 0.14 0.18 0.21 0.24 0.32 0.40 0.44 0.47 20.94% <-IRR #YR-> 5 Revenue per Share 158.69%
P/S (Price/Sales) Close 0.34 0.26 0.31 0.07 0.19 0.21 0.24 0.28 0.43 0.42 0.54 0.48 0.39 0.38 5.19% <-IRR #YR-> 9 5 yr Running Average #DIV/0!
*Revenue in M CDN $ P/S Med 10 yr 0.28 5 yr 0.40 39.65% Diff M/C 15.31% <-IRR #YR-> 5 5 yr Running Average 103.90%
-$362.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $789.3
-$230.0 $0.0 $0.0 $0.0 $0.0 $789.3
-$318.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $498.8
-$241.3 $0.0 $0.0 $0.0 $0.0 $498.8
-$20.13 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $36.97
-$14.29 $0.00 $0.00 $0.00 $0.00 $36.97
$1.35 <-12 mths 8.00%
EPS Basic $0.93 $0.25 $1.08 -$2.52 $0.71 $0.07 $0.40 $0.38 $0.80 $0.85 $1.21 $1.27 408.00% <-Total Growth 10 EPS Basic
EPS Diluted* $0.93 $0.25 $1.08 -$2.52 $0.71 $0.07 $0.39 $0.38 $0.79 $0.84 $1.20 $1.25 $1.64 $1.66 400.00% <-Total Growth 10 EPS Diluted
Increase -7.92% -73.12% 332.00% -333.33% 128.17% -90.14% 457.14% -2.56% 107.89% 6.33% 42.86% 4.17% 31.20% 1.22% 17.46% <-IRR #YR-> 10 Earnings per Share 400.00%
Earnings Yield 13.70% 4.80% 18.78% -265.26% 35.50% 2.99% 11.17% 7.38% 8.11% 7.29% 6.57% 6.99% 8.44% 8.55% 26.23% <-IRR #YR-> 5 Earnings per Share 220.51%
5 year Running Average $0.39 $0.44 $0.65 $0.15 $0.09 -$0.08 -$0.05 -$0.19 $0.47 $0.49 $0.72 $0.89 $1.14 $1.32 7.37% <-IRR #YR-> 10 5 yr Running Average 103.65%
10 year Running Average $0.19 $0.22 $0.33 $0.08 $0.15 $0.15 $0.19 $0.23 $0.31 $0.29 $0.32 $0.42 $0.48 $0.89 #NUM! <-IRR #YR-> 5 5 yr Running Average 1751.85%
* Diluted ESP per share E/P 10 Yrs 7.34% 5Yrs 7.29%
-$0.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.25
-$0.39 $0.00 $0.00 $0.00 $0.00 $1.25
-$0.44 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.89
$0.05 $0.00 $0.00 $0.00 $0.00 $0.89
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends Dividend
Dividend* $1.080 $0.9205 $0.8574 $0.600 $0.000 $0.000 $0.020 $0.100 $0.135 $0.170 $0.200 $0.228 $0.250 $0.250 $0.250 -75.29% <-Total Growth 10 Dividends Low
Increase 48.15% -14.77% -6.86% -30.02% -100.00% #DIV/0! #DIV/0! 400.00% 35.00% 25.93% 17.65% 13.75% 9.89% 0.00% 0.00% Count 13 Years of data Moderate
Dividends 5 Yr Running $0.36 $0.55 $0.72 $0.84 $0.69 $0.48 $0.30 $0.14 $0.05 $0.09 $0.13 $0.17 $0.20 $0.22 $0.24 -69.50% <-Total Growth 10 Dividends 5 Yr Running Good
Yield H/L Price 11.16% 15.37% 14.21% 17.86% 0.00% 0.00% 0.67% 2.20% 1.87% 1.56% 1.33% 1.30% 1.40% 1.45% <-Median-> 10 Yield H/L Price
Yield on High Price 8.31% 12.79% 12.63% 10.17% 0.00% 0.00% 0.57% 1.79% 1.48% 1.38% 1.08% 1.16% 1.29% 1.27% <-Median-> 10 Yield on High Price
Yield on Low Price 17.01% 19.26% 16.24% 73.17% 0.00% 0.00% 0.81% 2.87% 2.55% 1.80% 1.71% 1.48% 1.55% 1.75% <-Median-> 10 Yield on Low Price
Yield on Close Price 15.91% 17.67% 14.91% 63.16% 0.00% 0.00% 0.57% 1.94% 1.39% 1.48% 1.09% 1.27% 1.29% 1.29% 1.29% 1.33% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 116.13% 368.21% 79.39% -23.81% 0.00% 0.00% 5.13% 26.32% 17.09% 20.24% 16.67% 18.20% 15.24% 15.06% 16.88% <-Median-> 10 DPR EPS
DPR EPS 5 Yr Running 93.25% 124.64% 109.69% 558.26% 768.43% -579.98% -547.19% -74.23% 10.90% 17.21% 17.36% 18.67% 17.18% 16.65% 17.28% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 149.52% 89.44% 74.87% 53.43% 0.00% 0.00% 12.68% -47.23% 49.48% 22.73% 16.16% 33.11% 12.25% 11.79% 19.44% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 193.21% 138.87% 115.31% 98.89% 75.36% 64.64% 52.63% 49.65% 42.50% 54.55% 28.35% 30.45% 19.71% 16.06% 53.59% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 96.93% 93.94% 86.51% 200.40% 0.00% 0.00% 5.20% 12.91% 10.28% 10.76% 9.29% 10.87% 12.25% 11.79% 10.52% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 83.59% 86.82% 86.74% 94.42% 102.24% 95.23% 77.68% 42.72% 9.45% 9.93% 10.07% 10.52% 10.71% 10.99% 60.20% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 1.56% 1.39% 5 Yr Med Payout 18.20% 22.73% 10.76% -13.04% <-IRR #YR-> 10 Dividends -75.29%
* Dividends per share 5 Yr Med and Cur. -17.69% -7.12% Last Div Inc ---> $0.055 $0.063 13.6% 23.25% <-IRR #YR-> 5 Dividends 1037.50%
-$0.92 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.23
-$0.08 $0.00 $0.00 $0.00 $0.00 $0.23
Historical Dividends Historical High Div 51.61% Low Div 0.00% Ave Div 25.81% Med Div 1.87% Close Div 1.48% Historical Dividends
High/Ave/Median Values Curr diff Exp. -97.51% Cheap Exp. -95.01% Exp. -31.16% Exp. -12.76% High/Ave/Median
Adjusted Historical Dividends Historical High Div 8.60% Low Div 0.00% Ave Div 4.30% Med Div 0.31% Close Div 0.25% Decrease 83.33% Adjusted Historical Dividends
High/Ave/Median Values Curr diff Exp. -97.51% #DIV/0! #DIV/0! Exp. -70.07% Cheap 313.05% Cheap 423.41% 16.67% High/Ave/Median
Future Div Yield Div Yd 2.07% earning in 5 Years at IRR of 10.00% Div Inc. 61.05% Future Dividend Yield
Future Div Yield Div Yd 3.34% earning in 10 Years at IRR of 10.00% Div Inc. 159.37% Future Dividend Yield
Future Div Yield Div Yd 5.38% earning in 15 Years at IRR of 10.00% Div Inc. 317.72% Future Dividend Yield
Yield if held 5 yrs 0.00% 0.00% 0.33% 1.66% 4.02% 11.45% 10.23% 7.62% 5.50% 3.46% 2.30% 2.84% <-Median-> 8 Paid Median Price
Yield if held 10 yrs 1.56% 2.07% 3.80% 4.14% 7.44% 16.84% 2.07% <-Median-> 3 Paid Median Price
Yield if held 15 yrs 2.30% #NUM! <-Median-> 0 Paid Median Price
Yield if held 20 yrs #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 25 yrs #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yield if held 30 yrs See TD Bank, NA
year 35 BMO
Cost covered if held 5 years 31.75% 24.58% 24.66% 11.93% 7.59% 28.62% 31.97% 27.89% 21.62% 15.19% 10.83% 26.28% <-Median-> 8 Paid Median Price
Cost covered if held 10 years 35.66% 31.04% 38.56% 28.21% 40.25% 107.91% 35.66% <-Median-> 3 Paid Median Price
Cost covered if held 15 years 46.47% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 20 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 30 years See CCL no sp
Graham Number $12.02 $5.95 $11.96 $7.81 $6.99 $2.19 $6.26 $6.30 $9.87 $11.10 $15.17 $17.25 $19.97 $20.09 $0.00 190.06% <-Total Growth 10 Graham Number
Increase -5.30% -50.50% 101.02% -34.69% -10.44% -68.68% 185.78% 0.56% 56.80% 12.41% 36.74% 13.71% 15.72% 0.61% -100.00% 13.06% <-Median-> 10 Graham Price
Price/GP Ratio Med 0.81 1.01 0.50 0.43 0.21 0.89 0.48 0.72 0.73 0.98 0.99 1.01 0.89 0.73 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.08 1.21 0.57 0.76 0.35 1.08 0.56 0.89 0.93 1.11 1.22 1.14 0.97 0.91 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 0.53 0.80 0.44 0.10 0.07 0.71 0.40 0.55 0.54 0.85 0.77 0.89 0.81 0.55 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 0.57 0.88 0.48 0.12 0.29 1.07 0.56 0.82 0.99 1.04 1.20 1.04 0.97 0.97 #DIV/0! 0.90 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close -43.49% -12.42% -51.91% -87.84% -71.40% 6.81% -44.26% -18.20% -1.34% 3.81% 20.40% 3.63% -2.74% -3.33% #DIV/0! -9.77% <-Median-> 10 Graham Price
Month, Year Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Price Close $6.79 $5.21 $5.75 $0.95 $2.00 $2.34 $3.49 $5.15 $9.74 $11.52 $18.27 $17.88 $19.42 $19.42 $19.42 243.19% <-Total Growth 10 Stock Price D. per yr 1.94% 2.23%
Increase -42.70% -23.27% 10.36% -83.48% 110.53% 17.00% 49.15% 47.56% 89.13% 18.28% 58.59% -2.13% 8.61% 0.00% 0.00% 13.12% <-IRR #YR-> 10 Stock Price 243.19% 12.94%
P/E Ratio 7.30 20.84 5.32 -0.38 2.82 33.43 8.95 13.55 12.33 13.71 15.23 14.30 11.84 11.70 #DIV/0! 38.65% <-IRR #YR-> 5 Stock Price 412.32% 30.40%
Trailing P/E Ratio 6.72 5.60 23.00 0.88 -0.79 3.30 49.86 13.21 25.63 14.58 21.75 14.90 15.54 11.84 11.70 16.77% <-IRR #YR-> 10 Price & Dividend 14.88%
Median 10, 5 Yrs D. per yr 3.64% 2.43% % Tot Ret 21.73% 5.92% T P/E 14.90 P/E: 12.94 13.71 41.08% <-IRR #YR-> 5 Price & Dividend 32.63%
Historical Median
-$5.21 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $17.88
-$3.49 $0.00 $0.00 $0.00 $0.00 $17.88
-$5.21 $0.86 $0.60 $0.00 $0.00 $0.02 $0.10 $0.14 $0.17 $0.20 $18.11
-$3.49 $0.10 $0.14 $0.17 $0.20 $18.11
Price H/L Median $9.68 $5.99 $6.04 $3.36 $1.49 $1.96 $2.99 $4.55 $7.23 $10.87 $15.07 $17.48 $17.80 191.82% <-Total Growth 10 Stock Price
Increase -11.16% -38.09% 0.75% -44.32% -55.80% 31.65% 52.69% 52.26% 58.97% 50.45% 38.59% 16.03% 1.80% 11.30% <-IRR #YR-> 10 Stock Price 191.82%
P/E Ratio 10.40 23.96 5.59 -1.33 2.09 27.93 7.65 11.96 9.15 12.94 12.55 13.98 10.85 42.40% <-IRR #YR-> 5 Stock Price 485.59%
Trailing P/E Ratio 9.58 6.44 24.14 3.11 -0.59 2.75 42.64 11.65 19.01 13.76 17.93 14.57 14.24 12.71% <-IRR #YR-> 10 Price & Dividend
P/E on Running 5 yr Average 24.94 13.68 9.23 22.40 16.50 -23.84 -55.28 -23.43 15.44 22.00 20.92 19.60 15.56 45.12% <-IRR #YR-> 5 Price & Dividend
P/E on Running 10 yr Average 49.87 27.35 18.46 44.80 10.17 12.78 15.55 19.76 23.38 37.23 47.23 41.72 37.46 10.78 P/E Ratio Historical Median
Median 10, 5 Yrs D. per yr 1.41% 2.72% % Tot Ret 11.09% 6.02% T P/E 14.57 P/E: 10.55 12.55 Count 13 Years of data
-$5.99 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $17.48
-$2.99 $0.00 $0.00 $0.00 $0.00 $17.48
-$5.99 $0.00 $0.02 $0.10 $0.14 $0.17 $0.20 $0.23 $0.25 $0.25 $17.71
-$2.99 $0.10 $0.14 $0.17 $0.20 $17.71
High Months Mat Jan Jul Feb Dec May Dec Aug Aug May Dec Aug May
Price High $13.00 $7.20 $6.79 $5.90 $2.45 $2.36 $3.49 $5.60 $9.15 $12.28 $18.45 $19.61 $19.42 172.36% <-Total Growth 10 Stock Price
Increase 8.97% -44.62% -5.69% -13.11% -58.47% -3.67% 47.88% 60.46% 63.39% 34.21% 50.24% 6.29% -0.97% 10.54% <-IRR #YR-> 10 Stock Price 172.36%
P/E Ratio 13.98 28.80 6.29 -2.34 3.45 33.71 8.95 14.74 11.58 14.62 15.38 15.69 11.84 41.23% <-IRR #YR-> 5 Stock Price 461.89%
Trailing P/E Ratio 12.87 7.74 27.16 5.46 -0.97 3.32 49.86 14.36 24.08 15.54 21.96 16.34 15.54 13.98 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 16.34 P/E: 13.10 14.74 18.31 P/E Ratio Historical High
-$7.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $19.61
-$3.49 $0.00 $0.00 $0.00 $0.00 $19.61
Low Months Dec Sep Jan Nov Mar Jul Aug Jan Jan Jan Jan Feb Jan
Price Low $6.35 $4.78 $5.28 $0.82 $0.52 $1.55 $2.48 $3.49 $5.30 $9.46 $11.68 $15.35 $16.17 221.13% <-Total Growth 10 Stock Price
Increase -35.53% -24.72% 10.46% -84.47% -36.59% 198.08% 60.00% 40.73% 51.86% 78.49% 23.47% 31.42% 5.34% 12.37% <-IRR #YR-> 10 Stock Price 221.13%
P/E Ratio 6.83 19.12 4.89 -0.33 0.73 22.14 6.36 9.18 6.71 11.26 9.73 12.28 9.86 43.99% <-IRR #YR-> 5 Stock Price 518.95%
Trailing P/E Ratio 6.29 5.14 21.12 0.76 -0.21 2.18 35.43 8.95 13.95 11.97 13.90 12.79 12.94 9.18 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 12.79 P/E: 7.95 9.73 4.06 P/E Ratio Historical Low
-$4.78 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.35
Bank Debt Bank Debt Bank Debt Bank Debt Yes 0 Yes 0
Long Term Debt $46.93 $39.15 $25.52 $17.56 $0.00 $0.00 $0.58 $0.57 $0.83 $5.14 $1.82 $1.96 $1.88 Finance lease obligation, Bank Debt
Change 20.14% -16.56% -34.83% -31.17% -100.00% #DIV/0! #DIV/0! -2.58% 46.03% 521.26% -64.72% 7.99% -4.03% #DIV/0! <-Median-> 8 Change
Debt/Market Cap Ratio 0.38 0.42 0.25 1.03 0.00 0.00 0.01 0.01 0.01 0.03 0.01 0.01 0.00 0.01 <-Median-> 10 Debt/Market Cap Ratio
Goodwill & Intangibles $108.44 $99.76 $89.77 $0.00 $0.00 $0.00 $0.02 $0.02 $0.01 $0.03 $0.04 $74.85 $74.19 Intangibles Goodwill
Change -2.81% -8.00% -10.02% -100.00% #DIV/0! #DIV/0! #DIV/0! -22.73% -23.53% 107.69% 33.33% 207819% -1% #DIV/0! <-Median-> 7 Change
Intangible/Market Cap Ratio 0.89 1.06 0.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.18 0.00 <-Median-> 10 Intangible/Market Cap Ratio
Market Cap in $M $122.3 $93.8 $103.6 $17.1 $36.0 $42.4 $56.2 $84.4 $161.1 $191.8 $306.2 $381.7 $414.9 $414.9 $414.9 3.07 <-Total Growth 10 Market Cap 306.78%
Diluted # of Shares in Million 14.41 14.41 14.41 14.41 14.41 14.41 15.61 16.42 16.63 16.62 16.78 19.02 19.02 31.97% <-Total Growth 10 Diluted
Change 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.31% 5.18% 1.28% -0.01% 0.94% 13.33% 0.00% 2.81% <-IRR #YR-> 10 Diluted
Change in Diluted Shares per Year 4.03% <-IRR #YR-> 5 Diluted
Basic # of Shares in Millions 14.41 14.41 14.41 14.41 14.41 14.41 15.27 16.16 16.39 16.54 16.65 18.85 18.85 30.82% <-Total Growth 10 Basic
Change 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.95% 5.82% 1.47% 0.88% 0.68% 13.21% 0.00% 0.00% 0.78% <-Median-> 10 Change
Difference 25.00% 25.00% 25.00% 25.00% 25.00% 25.79% 5.42% 1.47% 0.88% 0.68% 0.66% 13.25% 13.33% 9.34% <-Median-> 10 Difference
$15 <-12 mths 0.00%
Special Conv Units Class B NCI 3.603 3.603 3.603 3.603 3.603 3.603
Class A Shares 14.410 14.410 14.410 14.410 14.410 14.524
# of Share in Millions 18.013 18.013 18.013 18.013 18.013 18.126 16.095 16.394 16.539 16.651 16.762 21.350 21.364 21.364 21.364 1.71% <-IRR #YR-> 10 Shares 18.53%
Change 0.00% 0.00% 0.00% 0.00% 0.00% 0.63% -11.20% 1.86% 0.88% 0.68% 0.66% 27.37% 0.06% 0.00% 0.00% 5.81% <-IRR #YR-> 5 Shares 32.65%
Cash Flow from Operations $M $13.0 $18.5 $20.6 $20.2 $10.2 -$3.4 $2.5 -$3.5 $4.5 $12.5 $20.7 $14.7 $43.6 $45.3 -20.86% <-Total Growth 10 Cash Flow
Increase 237.60% 42.49% 11.27% -1.94% -49.34% -133.20% 174.60% -236.76% 230.02% 175.98% 66.55% -29.27% 197.04% 3.92% Share Iss SO Cl B Shares Conv.
5 year Running Average $3.4 $7.1 $11.2 $15.3 $16.5 $13.2 $10.0 $5.2 $2.1 $2.5 $7.4 $9.8 $19.2 $27.3 38.16% <-Total Growth 10 CF 5 Yr Running
CFPS $0.72 $1.03 $1.15 $1.12 $0.57 -$0.19 $0.16 -$0.21 $0.27 $0.75 $1.24 $0.69 $2.04 $2.12 -33.23% <-Total Growth 10 Cash Flow per Share
Increase 237.60% 42.49% 11.27% -1.94% -49.34% -132.99% 184.02% -234.27% 228.88% 174.12% 65.45% -44.47% 196.85% 3.92% -2.31% <-IRR #YR-> 10 Cash Flow -20.86%
5 year Running Average $0.19 $0.39 $0.62 $0.85 $0.92 $0.74 $0.56 $0.29 $0.12 $0.16 $0.44 $0.55 $1.00 $1.37 42.04% <-IRR #YR-> 5 Cash Flow 478.09%
P/CF on Med Price 13.39 5.82 5.27 2.99 2.61 -10.42 18.93 -21.47 26.48 14.53 12.17 25.44 8.72 -3.96% <-IRR #YR-> 10 Cash Flow per Share -33.23%
P/CF on Closing Price 9.40 5.06 5.02 0.85 3.52 -12.47 22.13 -24.32 35.70 15.40 14.76 26.02 9.52 34.23% <-IRR #YR-> 5 Cash Flow per Share 335.81%
9.15% Diff M/C 3.35% <-IRR #YR-> 10 CFPS 5 yr Running 39.09%
Excl.Working Capital CF $7.058 -$0.889 -$2.777 -$14.84 -$10.29 $7.55 $3.66 $16.17 $17.21 $13.84 $15.33 $30.00 $0.00 $0.00 -0.53% <-IRR #YR-> 5 CFPS 5 yr Running -2.61%
Cash Flow from Operations $M WC $20.07 $17.65 $17.85 $5.39 -$0.04 $4.15 $6.19 $12.70 $21.73 $26.30 $36.07 $44.67 $43.58 $45.29 153.10% <-Total Growth 10 Cash Flow less WC
Increase 6.11% -12.05% 1.14% -69.79% -100.82% 9534.09% 49.22% 104.99% 71.10% 21.05% 37.17% 23.83% -2.44% 3.92% 9.73% <-IRR #YR-> 10 Cash Flow less WC 153.10%
5 year Running Average $7.8 $11.3 $14.9 $16.0 $12.2 $9.0 $6.7 $5.7 $8.9 $14.2 $20.6 $28.3 $34.5 $39.2 48.46% <-IRR #YR-> 5 Cash Flow less WC 621.21%
CFPS Excl. WC $1.11 $0.98 $0.99 $0.30 $0.00 $0.23 $0.38 $0.77 $1.31 $1.58 $2.15 $2.09 $2.04 $2.12 9.59% <-IRR #YR-> 10 CF less WC 5 Yr Run 149.80%
Increase 6.11% -12.05% 1.14% -69.79% -100.82% 9474.83% 68.05% 101.25% 69.60% 20.24% 36.27% -2.78% -2.50% 3.92% 33.35% <-IRR #YR-> 5 CF less WC 5 Yr Run 321.71%
5 year Running Average $0.43 $0.63 $0.83 $0.89 $0.68 $0.50 $0.38 $0.34 $0.54 $0.86 $1.24 $1.58 $1.84 $2.00 7.88% <-IRR #YR-> 10 CFPS - Less WC 113.53%
P/CF on Median Price 8.68 6.11 6.09 11.22 -607.92 8.54 7.76 5.87 5.50 6.88 7.00 8.35 40.30% <-IRR #YR-> 5 CFPS - Less WC 443.70%
P/CF on Closing Price 6.09 5.32 5.80 3.17 -818.75 10.22 9.07 6.65 7.42 7.29 8.49 8.55 9.52 9.16 9.67% <-IRR #YR-> 10 CFPS 5 yr Running 151.64%
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 8.72 5 yr 14.53 P/CF Med 10 yr 6.94 5 yr 6.88 37.14% Diff M/C 32.99% <-IRR #YR-> 5 CFPS 5 yr Running 316.00%
-$1.03 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.69 Cash Flow per Share
-$0.16 $0.00 $0.00 $0.00 $0.00 $0.69 Cash Flow per Share
-$0.39 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.55 CFPS 5 yr Running
-$0.56 $0.00 $0.00 $0.00 $0.00 $0.55 CFPS 5 yr Running
-$17.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $44.7 Cash Flow less WC
-$6.2 $0.0 $0.0 $0.0 $0.0 $44.7 Cash Flow less WC
-$11.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $28.3 CF less WC 5 Yr Run
-$6.7 $0.0 $0.0 $0.0 $0.0 $28.3 CF less WC 5 Yr Run
-$0.98 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.09 CFPS - Less WC
-$0.38 $0.00 $0.00 $0.00 $0.00 $2.09 CFPS - Less WC
OPM Ratio 3.66% 5.11% 6.22% 7.89% 5.37% -1.72% 1.10% -1.13% 1.22% 2.73% 3.63% 1.86% -63.65% <-Total Growth 10 OPM
Increase 175.08% 39.83% 21.59% 26.93% -32.00% -132.07% 164.11% -202.77% 207.21% 124.82% 32.78% -48.78% Should increase or be stable.
Diff from Median 59.3% 122.7% 170.8% 243.8% 133.8% -175.0% -51.9% -149.4% -47.0% 19.0% 58.1% -19.0% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 2.30% 5 Yrs 1.86% should be zero, it is a check on calculations
Current Assets $97.3 $91.8 $78.8 $66.5 $53.1 $56.7 $73.6 $87.0 $106.0 $133.5 $161.8 $262.5 $281.3 Liquidity ratio of 1.5 and up, best Quick Ratio
Current Liabilities $56.2 $47.7 $33.5 $20.9 $9.9 $10.6 $26.5 $32.8 $36.8 $48.2 $46.4 $143.2 $155.2 2.83 <-Median-> 10 Ratio
Liquidity Ratio 1.73 1.92 2.35 3.18 5.34 5.33 2.77 2.66 2.88 2.77 3.49 1.83 1.81 2.77 <-Median-> 5 Ratio
Liq. with CF aft div 1.62 1.96 2.50 3.63 6.37 5.01 2.86 2.53 2.94 2.97 3.87 1.90 2.06 2.94 <-Median-> 5 Ratio If Div = 0
Liq. CF re Inv+Div 1.61 1.96 2.50 3.63 6.37 5.01 1.89 2.53 2.70 2.19 3.76 0.97 2.06 2.53 <-Median-> 5 Ratio
Assets $214.7 $198.4 $173.7 $103.4 $74.3 $74.9 $99.0 $109.3 $128.3 $160.8 $190.0 $371.1 $387.7 Debt Ratio of 1.5 and up, best Current Ratio
Liabilities $58.3 $51.2 $37.7 $21.5 $10.4 $11.0 $27.1 $33.3 $37.6 $52.3 $47.1 $145.1 $156.8 3.84 <-Median-> 10 Ratio
Debt Ratio 3.68 3.87 4.61 4.81 7.17 6.84 3.65 3.28 3.41 3.07 4.04 2.56 2.47 3.28 <-Median-> 5 Ratio
Book Value $156.345 $147.169 $136.062 $81.852 $63.906 $63.983
NCI $32.047 $33.859 $30.068 $13.080 $8.748 $8.744
Book Value $124.298 $113.310 $105.994 $68.772 $55.158 $55.239 $71.899 $76.012 $90.683 $108.489 $142.948 $225.999 $230.829 $230.829 $230.829 99.45% <-Total Growth 10 Book Value
Book Value per share $6.90 $6.29 $5.88 $3.82 $3.06 $3.05 $4.47 $4.64 $5.48 $6.52 $8.53 $10.59 $10.80 $10.80 $10.80 68.27% <-Total Growth 10 Book Value per Share
Increase -2.60% -8.84% -6.46% -35.12% -19.80% -0.48% 46.58% 3.79% 18.26% 18.83% 30.89% 24.12% 2.07% 0.00% 0.00% 75.25% P/B Ratio Current/Historical Median
P/B Ratio (Median) 1.40 0.95 1.03 0.88 0.48 0.64 0.67 0.98 1.32 1.67 1.77 1.65 1.65 1.03 P/B Ratio Historical Median
P/B Ratio (Close) 0.98 0.83 0.98 0.25 0.65 0.77 0.78 1.11 1.78 1.77 2.14 1.69 1.80 1.80 1.80 5.34% <-IRR #YR-> 10 Book Value per Share 68.27%
Change -41.17% -15.83% 17.98% -74.54% 162.49% 17.57% 1.75% 42.17% 59.93% -0.47% 21.16% -21.15% 6.41% 0.00% 0.00% 18.83% <-IRR #YR-> 5 Book Value per Share 136.96%
Leverage (A/BK) 1.73 1.75 1.64 1.50 1.35 1.36 1.38 1.44 1.41 1.48 1.33 1.64 1.68 1.44 <-Median-> 5 A/BV
Debt/Equity Ratio 0.47 0.45 0.36 0.31 0.19 0.20 0.38 0.44 0.41 0.48 0.33 0.64 0.68 0.44 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 1.00 5 yr Med 1.65 79.21% Diff M/C 1.48 Historical Leverage (A/BK)
-$6.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.59
-$4.47 $0.00 $0.00 $0.00 $0.00 $10.59
$23.52 <-12 mths 0.00%
Comprehensive Income $5.23 -$29.40 -$13.61 -$0.32 $6.94 $5.39 $16.42 $20.01 $36.55 $23.52 349.39% <-Total Growth 9 Comprehensive Income
Increase -661.75% 53.70% 97.68% 2295.89% -22.29% 204.56% 21.87% 82.60% -35.64% 21.87% <-Median-> 5 Comprehensive Income
5 Yr Running Average -$6.23 -$6.20 $2.96 $9.69 $17.06 $20.38 18.17% <-IRR #YR-> 9 Comprehensive Income #DIV/0!
ROE 4.9% -42.8% -24.7% -0.6% 9.7% 7.1% 18.1% 18.4% 25.6% 10.4% 27.65% <-IRR #YR-> 5 Comprehensive Income 238.97%
5Yr Median -12.6% -0.6% -0.6% 7.1% 9.7% 18.1% 18.1% #NUM! <-IRR #YR-> 5 5 Yr Running Average #DIV/0!
% Difference from Net Income 18.88% -32.95% -133.05% 14.41% -12.74% 25.68% 42.80% 81.40% -1.43% #NUM! <-IRR #YR-> 5 5 Yr Running Average 427.01%
Median Values Diff 5, 10 yr 14.4% 25.7% 18.1% <-Median-> 5 Return on Equity
-$5.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $23.5
-$6.9 $0.0 $0.0 $0.0 $0.0 $23.5
$6.2 $0.0 $0.0 $0.0 $0.0 $20.4
$6.2 $0.0 $0.0 $0.0 $0.0 $20.4
Current Liability Coverage Ratio 0.36 0.37 0.53 0.26 0.00 0.39 0.23 0.39 0.59 0.55 0.78 0.31 CFO / Current Liabilities
5 year Median 0.37 0.37 0.38 0.37 0.36 0.37 0.26 0.26 0.39 0.39 0.55 0.55 0.39 <-Median-> 10 Current Liability Cov Ratio
Asset Efficiency Ratio 9.35% 8.90% 10.28% 5.22% -0.06% 5.54% 6.25% 11.61% 16.94% 16.35% 18.99% 12.04% CFO / Total Assets
5 year Median 9.03% 8.90% 5.54% 5.54% 5.54% 6.25% 11.61% 16.35% 16.35% 10.9% <-Median-> 10 Return on Assets
Return on Assets ROA 6.22% 1.83% 0.00% -35.07% -13.79% 1.28% 6.12% 5.65% 10.19% 8.72% 10.60% 6.43% Net Income/Assets Return on Assets
5Yr Median 1.83% 0.00% 0.00% 0.00% 1.28% 5.65% 6.12% 8.72% 8.72% 5.9% <-Median-> 10 Asset Efficiency Ratio
Return on Equity ROE 10.74% 3.21% 0.00% -52.70% -18.56% 1.73% 8.44% 8.13% 14.41% 12.92% 14.09% 10.56% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 11.09% 10.74% 6.98% 3.21% 0.00% 0.00% 0.00% 1.73% 8.13% 8.44% 12.92% 12.92% 8.3% <-Median-> 10 Return on Equity
$24 <-12 mths 0.00%
Net Income $17.24 $5.12 $0.11 -$16.21 -$7.89 $0.31
NCI $3.89 $1.48 $0.11 $20.03 $2.35 -$0.64
Net Income $13.35 $3.64 $0.00 -$36.24 -$10.24 $0.96 $6.07 $6.18 $13.07 $14.02 $20.15 $23.86 $0.0 556.09% <-Total Growth 10 Net Income
Increase -8.57% -72.76% -100.00% #DIV/0! 71.75% 109.34% 534.41% 1.88% 111.47% 7.25% 43.75% 18.45% -100.00% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average -$0.93 -$5.9 -$8.4 -$7.9 -$6.7 $3.2 $8.1 $11.9 $15 $14.2 20.70% <-IRR #YR-> 10 Net Income 556.09%
Operating Cash Flow $13.01 $18.54 $20.63 $20.23 $10.2 -$3.4 $2.5 -$3.5 $4.5 $12.5 $20.7 $14.7 31.51% <-IRR #YR-> 5 Net Income 293.44%
Investment Cash Flow -$0.18 $1.13 $1.10 $0.003 $1.5 $0.7 -$13.6 $0.3 -$3.3 -$17.2 -$1.4 -$138.8 #NUM! <-IRR #YR-> 8 5 Yr Running Average #DIV/0!
Total Accruals $0.52 -$16.04 -$21.72 -$56.48 -$22.0 $3.6 $17.2 $9.4 $11.9 $18.7 $0.8 $148.0 #NUM! <-IRR #YR-> 5 5 Yr Running Average 295.81%
Total Assets $214.67 $198.40 $173.73 $103.35 $74.3 $74.9 $99.0 $109.3 $128.3 $160.8 $190.0 $371.1 Balance Sheet Assets
Accruals Ratio 0.24% -8.08% -12.50% -54.64% -29.61% 4.86% 17.33% 8.55% 9.25% 11.65% 0.40% 39.89% 9.25% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 0.83 0.26 1.09 -8.42 -290.66 0.31 1.01 0.49 0.60 0.53 0.56 0.60 0.54 <-Median-> 10 EPS/CF Ratio
-$3.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $23.9
-$6.1 $0.0 $0.0 $0.0 $0.0 $23.9
$0.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $15.5
$7.9 $0.0 $0.0 $0.0 $0.0 $15.5
Change in Close -42.70% -23.27% 10.36% -83.48% 110.53% 17.00% 49.15% 47.56% 89.13% 18.28% 58.59% -2.13% 8.61% 0.00% 0.00% Count 13 Years of data
up/down down up up up up down down down down down Count 10 76.92%
Meet Prediction? yes yes yes yes % right Count 4 40.00%
Financial Cash Flow -$10.6 -$21.3 -$22.0 -$20.4 -$11.4 $2.3 $11.5 $2.9 -$1.2 $4.7 -$19.4 $124.9 C F Statement Financial Cash Flow
Total Accruals $11.1 $5.2 $0.3 -$36.0 -$10.6 $1.4 $5.7 $6.5 $13.1 $14.1 $20.2 $23.1 Accruals
Accruals Ratio 5.19% 2.64% 0.17% -34.87% -14.30% 1.84% 5.77% 5.92% 10.20% 8.76% 10.61% 6.22% 8.76% <-Median-> 5 Ratio
Yes 0
Cash $2.203 $0.594 $0.295 $0.085 $0.463 $0.043 $0.392 $0.094 $0.078 $0.013 $0.000 $0.766 $0.357 Cash
Cash per Share $0.12 $0.03 $0.02 $0.00 $0.03 $0.00 $0.02 $0.01 $0.00 $0.00 $0.00 $0.04 $0.02 $0.00 <-Median-> 5 Cash per Share
Percentage of Stock Price 1.80% 0.63% 0.28% 0.50% 1.29% 0.10% 0.70% 0.11% 0.05% 0.01% 0.00% 0.20% 0.09% 0.05% <-Median-> 5 % of Stock Price
Notes:
July 11, 2011 changed from Income Fund to Corp.
It aqppears that it went public in March 23, 2004 using Highwoods Rescources TSX symbol but at (TSX-HWD-UN) with an IPO of $10.00 a Share.
On November 29, 2002 , Dynatec Corporation("Dynatec") indirectly acquired Highwood Resources Ltd.
In 1997 there was a Highwood Resources Ltd (TSX-HWD, MASDAQ-HIWDF) company. It was engaged in the mining, processing and marketing of industrial minerals
and in the development of rare earth and specialty metal properties. It produced its last annual report in 2001.
Sector:
What should this stock accomplish?
I would expect the dividends to be low and the growth in dividends to be in the moderate range.
This stock would provide a nice diversification for a portfolio invested in the TSX.
Would I buy this company and Why.
This is a dividend growth small cap. It will probably do well for shareholders over the longer term.
Dividends
Dividends are paid quarterly in Cycle 1 of January, April, July and October. Dividends are generally declared in one month for shareholders of record of the following month and paid in that month.
For example, the dividends declared on March 11, 2016 was for shareholders of record of April 19, 2016 and paid on April 29, 2016. January's dividend are often declared a couple of months early.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers
For employees
For community
For investors
Why am I following this stock.
In April 2017, I asked for suggestions on what stocks I should now follow because of a number that I had followed and had are being bought out. This was one of the suggestions.
How they make their money.
Hardwoods Distribution Inc. is a Canada-based company engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products.
The Company operates through its Canada and United States segments.
Shares; '%, Value $M Shares %, Val $M
Date Sep 14 2016
Brown, Robert James 0.075 0.35%
CEO - Shares - Amount $1.461
Options - percentage 0.110 0.52%
Options - amount $2.145
Karmally, Faiz Hanif 0.006 0.03%
CFO - Shares - Amount $0.123
Options - percentage 0.025 0.12%
Options - amount $0.489
Blanco, Lance Richard 0.098 0.46%
Officer - Shares - Amount $1.899
Options - percentage 0.038 0.18%
Options - amount $0.736
Bull, Peter Morris 4.122 19.29% Under 10% holder
Director - Shares - Amount $80.050
Options - percentage 0.005 0.03%
Options - amount $0.106
Sauder, E. Lawrence 0.204 0.95%
Indie Chairman - Shares - Amt $3.959
Options - percentage 0.004 0.02%
Options - amount $0.078
Doman, Amar 1.743 8.16% Owns Futura Corp that buys
10% Holder - Shares - Amt $33.857 into business.
Options - percentage 0.000 0.00%
Options - amount $0.000
Increase in O/S Shares 0.059 0.28%
Due to Stock Options $1.048
Book Value $1.162
Insider Buying $0.000
Insider Selling $0.327
Net Insider Selling $0.327
Net Selling % of Market Cap 0.08%
Directors 6
Women 0 0%
Minorities 0 0%
Institutions/Holdings 31 0.00%
Total Shares Held 10.770 50.41%
Increase/Decrease 3 Mths 0.000 0.00%
Starting No. of Shares 10.770
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