Added to YB: 2026-08-07
Pitch date: 2026-08-05
SJ.TO [bullish]
Stella-Jones Inc.
+0.7%
current return
Author Info
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Company Info
Stella-Jones Inc., together with its subsidiaries, manufactures and sells industrial pressure-treated wood products in Canada and the United States.
Market Cap
CAD 4.3B
Pitch Price
CAD 74.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.10
P/E
16.79
EV/Sales
N/A
Sector
Paper and Forest Products
Category
value
Stella-Jones Inc (TSX: SJ)
SJ.TO: North American infrastructure products maker; ~57% share of wood utility poles, duopoly in poles & railway ties (~75% rev, recurring). 22yr dividend growth. Locweld/Brooks acquisitions grew utility TAM 150%+; new US steel lattice facility sold out to 2027. Stock down from ~$100 to $79 on CPKC in-housing ties (~2% impact), Koppers competition, project delays — author unconcerned. DCF fair value ~$76 on conservative 8% FCF growth, 13x exit; ~10% annualized return for decades + multiple expansion upside.
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