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Resolute Forest Products Inc. (RFP)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 3,545 | 3,513 | 3,756 | 2,923 | 2,800 | 3,664 | 3,811 |
| Operating profit | $m | 584 | 627 | |||||
| Net profit | $m | -81 | -78 | 235 | -47 | 10 | 307 | 426 |
| EPS reported | $ | 3.83 | 5.43 | |||||
| Operating cashflow per share | $ | 8.15 | 8.15 | |||||
| Capex per share | $ | 1.41 | 1.41 | |||||
| FCF per share | $ | 6.74 | 6.74 | |||||
| Free cash flow | $m | 536 | 555 | |||||
| Net debt | $m | 249 | -145 | |||||
| Book value equity | $m | 1,514 | 2,116 | |||||
| Book value per share | $ | 18.85 | 26.99 | |||||
| Number of shares | m | 80.3 | 78.4 | |||||
| DPS (TTM paid) | $ | 0.99 | 0.00 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 3.99 | - | |||||
| P/B LTM | x | 0.80 | 0.80 | |||||
| P/S LTM | x | 0.33 | 0.44 | |||||
| P/FCF LTM | x | 2.26 | 3.03 | |||||
| EV/EBITDA LTM | x | 1.59 | 1.78 | |||||
| EV/Sales LTM | x | 0.40 | 0.40 | |||||
| Earnings Yield LTM | % | 25.06% | 17.62% | |||||
| FCF Yield | % | 44.15% | 32.96% | |||||
| Quality | ||||||||
| ROE | % | 20.28% | 23.66% | |||||
| ROIC | % | 11.49% | 11.49% | |||||
| Operating margin | % | 15.94% | 15.94% | |||||
| Gross margin | % | 38.37% | 38.37% | |||||
| FCF/Sales | % | 14.63% | 14.63% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +3091.7% | +14.08% | |||||
| Sales Growth YoY | % | +30.86% | +5.89% | |||||
| Net Income Growth YoY | % | +2970.0% | +11.23% | |||||
| FCF Growth | % | +109.38% | -12.46% | |||||
| Operating Profit Growth | % | +326.28% | -9.00% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 6.51% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 25.73% | 0.00% | |||||
| FCF/Debt | x | 1.48 | 1.55 | |||||
| Net Debt/EBITDA | x | 0.27 | 0.27 | |||||
| EBIT/Net interest | x | 27.81 | 27.81 | |||||
| Net debt/market cap | % | 20.51% | -8.61% | |||||
| Net debt/Equity | x | 0.16 | -0.07 | |||||
| Gross debt/equity | x | 0.24 | 0.17 | |||||
Company overview
Resolute Forest Products Inc. (RFP) is a global player in the forest products industry, conducting operations across the United States, Canada, Mexico, and various international markets. The company structures its diverse business activities into four key divisions: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp division is responsible for providing both virgin and recycled bleached Kraft pulp, a fundamental component used in the production of a wide array of consumer items such as tissue, packaging, specialized paper goods, diapers, and other absorbent materials. Its Tissue segment manufactures a variety of tissue products, utilizing both recycled and virgin fibers, targeting both commercial (away-from-home) and retail consumers. This segment also engages in the sale of parent rolls. The Wood Products segment produces construction-grade lumber, including spruce-pine-fir varieties, along with wood chips, components for bed frames, finger joints, and furring strips, which are supplied to pulp and paper mills. Additionally, it furnishes I-joists for the construction sector. Within the Paper segment, Resolute produces newsprint for both newspaper publishers and commercial printers, who use it for purposes like inserts and flyers. This division also offers various uncoated mechanical papers, such as supercalendered and white papers, in addition to uncoated freesheet papers. Its specialty papers are incorporated into a broad range of products, including books, retail inserts, direct mail, coupons, magazines, catalogs, and bags, catering to different commercial printing requirements. These specialty papers are distributed to commercial printers, direct mailers, publishers, catalogers, and retailers. Beyond its core forest product lines, the company also generates electricity from its cogeneration facilities and hydroelectric dams. Resolute Forest Products Inc.'s corporate headquarters are situated in Montreal, Canada.
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Resolute Forest Products Inc. (RFP)
Resolute Forest Products Inc. (RFP) is a global player in the forest products industry, conducting operations across the United States, Canada, Mexico, and various international markets. The company structures its diverse business activities into four key divisions: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp division is responsible for providing both virgin and recycled bleached Kraft pulp, a fundamental component used in the production of a wide array of consumer items such as tissue, packaging, specialized paper goods, diapers, and other absorbent materials. Its Tissue segment manufactures a variety of tissue products, utilizing both recycled and virgin fibers, targeting both commercial (away-from-home) and retail consumers. This segment also engages in the sale of parent rolls. The Wood Products segment produces construction-grade lumber, including spruce-pine-fir varieties, along with wood chips, components for bed frames, finger joints, and furring strips, which are supplied to pulp and paper mills. Additionally, it furnishes I-joists for the construction sector. Within the Paper segment, Resolute produces newsprint for both newspaper publishers and commercial printers, who use it for purposes like inserts and flyers. This division also offers various uncoated mechanical papers, such as supercalendered and white papers, in addition to uncoated freesheet papers. Its specialty papers are incorporated into a broad range of products, including books, retail inserts, direct mail, coupons, magazines, catalogs, and bags, catering to different commercial printing requirements. These specialty papers are distributed to commercial printers, direct mailers, publishers, catalogers, and retailers. Beyond its core forest product lines, the company also generates electricity from its cogeneration facilities and hydroelectric dams. Resolute Forest Products Inc.'s corporate headquarters are situated in Montreal, Canada.
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