Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
GFP.TO [bullish]
GreenFirst Forest Products Inc.
-61.51%
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 4.91
Price Target
9.80 (+403%)
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 Portfolio Holding: GreenFirst Forest Products Inc.
GFP.TO: $80M mkt cap, owns 4 Ontario lumber mills. Turnaround: sold non-core assets, raised $25M CAD via rights offering. $50M CAD capex to boost output 20%, cut costs 10%. Post-capex, $20M+ FCF/yr at $550-600 mfbm. Breakeven now, but $200M+ asset value. Interfor interested in buyout. Clean balance sheet, 100%+ upside.
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