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28.24 (1y: +33%)
Market Cap 15.7 B P/E(ttm) 31.30
Enterprise Value 19.2 B P/B 3.90
WY- NYSE (USA)
Weyerhaeuser Co
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$28.24
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.208
WY's Cash to Debt is ranked higher than
54% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.34 vs. WY: 0.208 )
WY' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.4
Current: 0.21
0.01
0.4
Equity to Asset 0.323
WY's Equity to Asset is ranked lower than
55% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.47 vs. WY: 0.323 )
WY' s 10-Year Equity to Asset Range
Min: 0.24   Max: 0.39
Current: 0.32
0.24
0.39
Interest Coverage 2.5
WY's Interest Coverage is ranked higher than
67% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.40 vs. WY: 2.5 )
WY' s 10-Year Interest Coverage Range
Min: 1   Max: 6
Current: 2.5
1
6
F-Score: 8
Z-Score: 1.96
M-Score: -2.18
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 10.40
WY's Operating margin (%) is ranked higher than
86% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 3.20 vs. WY: 10.40 )
WY' s 10-Year Operating margin (%) Range
Min: -31.6   Max: 11.7
Current: 10.4
-31.6
11.7
Net-margin (%) 5.5
WY's Net-margin (%) is ranked higher than
80% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.70 vs. WY: 5.5 )
WY' s 10-Year Net-margin (%) Range
Min: -14.7   Max: 19.6
Current: 5.5
-14.7
19.6
ROE (%) 9.5
WY's ROE (%) is ranked higher than
86% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 2.70 vs. WY: 9.5 )
WY' s 10-Year ROE (%) Range
Min: -24.4   Max: 27.8
Current: 9.5
-24.4
27.8
ROA (%) 3.1
WY's ROA (%) is ranked higher than
75% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.30 vs. WY: 3.1 )
WY' s 10-Year ROA (%) Range
Min: -7   Max: 9.5
Current: 3.1
-7
9.5
ROC (Joel Greenblatt) (%) 15.20
WY's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 5.00 vs. WY: 15.20 )
WY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -24.3   Max: 19.4
Current: 15.2
-24.3
19.4
Revenue Growth (%) 7.7
WY's Revenue Growth (%) is ranked higher than
87% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 7.7 )
WY' s 10-Year Revenue Growth (%) Range
Min: -26.4   Max: 9.7
Current: 7.7
-26.4
9.7
EBITDA Growth (%) 111.5
WY's EBITDA Growth (%) is ranked higher than
99% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 111.5 )
WY' s 10-Year EBITDA Growth (%) Range
Min: -58.5   Max: 111.5
Current: 111.5
-58.5
111.5
» WY's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

WY Guru Trades in Q2 2012

Jeremy Grantham 107,800 sh (New)
Chris Davis 1,311,948 sh (New)
Paul Tudor Jones 270,000 sh (+62.26%)
Manning & Napier Advisors, Inc 54,630 sh (+26.75%)
Brian Rogers 6,532,689 sh (+24.84%)
Jean-Marie Eveillard 18,553,826 sh (+0.98%)
Bill Frels 10,224 sh (unchged)
PRIMECAP Management 300,000 sh (unchged)
Steve Mandel 2,170,000 sh (unchged)
Ray Dalio Sold Out
Louis Moore Bacon Sold Out
Third Avenue Management 6,360,104 sh (-0.36%)
Steven Cohen 19,102 sh (-28.55%)
» More
Q3 2012

WY Guru Trades in Q3 2012

George Soros 195,430 sh (New)
Steven Cohen 20,494 sh (+7.29%)
Jeremy Grantham 108,300 sh (+0.46%)
Jean-Marie Eveillard 18,596,326 sh (+0.23%)
Bill Frels 10,224 sh (unchged)
PRIMECAP Management 300,000 sh (unchged)
Brian Rogers 6,532,689 sh (unchged)
Manning & Napier Advisors, Inc 54,630 sh (unchged)
Third Avenue Management 5,889,233 sh (-7.4%)
Chris Davis 760,540 sh (-42.03%)
Paul Tudor Jones 150,000 sh (-44.44%)
» More
Q4 2012

WY Guru Trades in Q4 2012

Ray Dalio 19,966 sh (New)
Ken Fisher 314,595 sh (New)
Mario Gabelli 13,000 sh (New)
Ken Heebner 2,600,000 sh (New)
Steven Cohen 49,633 sh (+142.18%)
Paul Tudor Jones 173,300 sh (+15.53%)
Jean-Marie Eveillard 18,752,326 sh (+0.84%)
Jeremy Grantham 265,300 sh (unchged)
Brian Rogers 6,532,689 sh (unchged)
PRIMECAP Management 300,000 sh (unchged)
George Soros Sold Out
Manning & Napier Advisors, Inc Sold Out
Chris Davis Sold Out
Third Avenue Management 5,815,826 sh (-1.25%)
Bill Frels 8,924 sh (-12.72%)
» More
Q1 2013

WY Guru Trades in Q1 2013

Jim Simons 243,863 sh (New)
Ray Dalio 87,766 sh (+339.58%)
Paul Tudor Jones 261,600 sh (+50.95%)
Jeremy Grantham 368,500 sh (+38.9%)
Ken Fisher 435,890 sh (+38.56%)
Steven Cohen 61,391 sh (+23.69%)
Third Avenue Management 6,186,599 sh (+6.38%)
Brian Rogers 6,532,689 sh (unchged)
Bill Frels 8,924 sh (unchged)
PRIMECAP Management 300,000 sh (unchged)
Ken Heebner Sold Out
Jean-Marie Eveillard 14,749,475 sh (-21.35%)
Mario Gabelli 10,000 sh (-23.08%)
» More
» Details

Insider Trades

Latest Guru Trades with WY

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-03-31 Reduce -21.35%0.41%$27.82 - $31.5 $ 28.24-7%14749475
Ray Dalio 2013-03-31 Add 339.58%0.02%$27.82 - $31.5 $ 28.24-7%87766
Mario Gabelli 2013-03-31 Reduce -23.08%$27.82 - $31.5 $ 28.24-7%10000
George Soros 2012-12-31 Sold Out 0.08%$24.99 - $28.52 $ 28.244%0
Ray Dalio 2012-12-31 New Buy0.01%$24.99 - $28.52 $ 28.244%19966
Mario Gabelli 2012-12-31 New Buy$24.99 - $28.52 $ 28.244%13000
George Soros 2012-09-30 New Buy0.08%$22.16 - $27.13 $ 28.2417%195430
Ray Dalio 2012-06-30 Sold Out 0.05%$18.84 - $22.11 $ 28.2439%0
Ray Dalio 2012-03-31 New Buy0.05%$18.78 - $22.28 $ 28.2445%142066
John Paulson 2011-12-31 Sold Out 1.77%$15.25 - $18.88 $ 28.2467%0
Jean-Marie Eveillard 2011-12-31 Add 17.94%0.26%$15.25 - $18.88 $ 28.2467%21243427
John Paulson 2011-09-30 Reduce -21.48%0.48%$15.7 - $22.57 $ 28.2452%23555000
Jean-Marie Eveillard 2011-09-30 Add 14.85%0.18%$15.7 - $22.57 $ 28.2452%18011782
PRIMECAP Management 2011-09-30 Reduce -60.82%0.02%$15.7 - $22.57 $ 28.2452%365000
PRIMECAP Management 2011-06-30 Reduce -83.39%0.17%$20.01 - $25.14 $ 28.2429%931575
John Paulson 2011-03-31 New Buy2.28%$18.93 - $25.2 $ 28.2421%31700200
Jean-Marie Eveillard 2011-03-31 Reduce -27.54%0.73%$18.93 - $25.2 $ 28.2421%15604795
PRIMECAP Management 2011-03-31 Reduce -33.82%0.1%$18.93 - $25.2 $ 28.2421%5607560
Mario Gabelli 2011-03-31 Sold Out $18.93 - $25.2 $ 28.2421%0
Jean-Marie Eveillard 2010-12-31 Add 34.07%0.57%$15.23 - $19 $ 28.2466%21535847
Jean-Marie Eveillard 2010-09-30 Add 165.56%1%$15.4 - $40.7224 $ 28.2441%16062847
PRIMECAP Management 2010-09-30 Add 129.65%0.12%$15.4 - $40.7224 $ 28.2441%8601973
Mario Gabelli 2010-09-30 New Buy0.03%$15.4 - $40.7224 $ 28.2441%400000
Jean-Marie Eveillard 2010-06-30 Add 25.18%0.3%$34.4626 - $51.8886 $ 28.24-34%5888425
Jean-Marie Eveillard 2010-03-31 Add 39.3%0.46%$38.21 - $44.12 $ 28.24-32%4703800
Dodge & Cox 2010-03-31 Sold Out $38.21 - $44.12 $ 28.24-32%0
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Guru Investment Theses on Weyerhaeuser Co

Third Avenue Management Comments on Weyerhaeuser - Oct 02, 2012

Reit Conversion to Future Potential Resource Conversions (Weyerhaeuser)

Weyerhaeuser Common (WY) is an example of a security that offers multiple ways to win. The Fund initiated its investment in Weyerhaeuser Common at a significant discount to conservative estimates of NAV during a severe cyclical downturn in housing and forest products. Weyerhaeuser is one of the largest timberland owners in the U.S., with secondary businesses in homebuilding, wood products, and cellulose fibers. Our initial business plan was to invest prior to the company converting its structure into a real estate investment trust. Weyerhaeuser's timber REIT peers traded at much narrower discounts to NAV, notwithstanding our opinion that Weyerhaeuser had a superior financial position and owned higher-quality timberlands. We believed that upon conversion to a REIT, Weyerhaeuser Common would trade more in-line with its REIT peers. Additionally, once Weyerhaeuser's subsidiaries (homebuilding and wood products) returned to profitability, they could be candidates for resource conversions (e.g., spin-off or sale). Our initial assessment was correct. In a complex transaction, Weyerhaeuser converted into a REIT in mid-2010. Shortly thereafter, the price-to-value discount shrunk materially. Throughout the housing recession, Weyerhaeuser's cellulose fiber division continued to be profitable while its timber, housing and wood products divisions struggled. For the quarter-ended June 30, 2012, the wood products division had its best quarter in six years and the homebuilding division reported increased profits coupled with dramatic improvement in closings and backlog. With the housing market in the U.S. starting to show signs of a recovery, the company may now be in a position to consider spinning off its homebuilding and wood products divisions. While we believe these two divisions could be worth 15% to 20% of Weyerhaeuser's value, market participants seem to ignore their value because they have not generated consistent profits throughout the downturn. As a result, Weyerhaeuser Common is still undervalued based on private market comps in the timber industry, but with the U.S. housing recovery gaining momentum and Weyerhaeuser's business turning the corner, our patience appears to be paying off. Plus, with recent additions to the Board and upcoming management changes, resource conversion seems more imminent than it did at the time of our initial investment.

From Third Avenue's third-quarter letter, Michael H. Winer Co-Portfolio Manager of Third Avenue Real Estate Value Fund and Jason Wolf, Co-Portfolio Manager of Third Avenue Real Estate Value Fund.


Check out Third Avenue Management latest stock trades

Top Ranked Articles about Weyerhaeuser Co

Third Avenue Management Comments on Weyerhaeuser
October 2, 2012
Reit Conversion to Future Potential Resource Conversions (Weyerhaeuser) Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 31.30
WY's P/E(ttm) is ranked lower than
56% of the 259 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 14.20 vs. WY: 31.30 )
WY' s 10-Year P/E(ttm) Range
Min: 3.91   Max: 117.23
Current: 31.3
3.91
117.23
P/B 3.90
WY's P/B is ranked lower than
69% of the 342 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.82 vs. WY: 3.90 )
WY' s 10-Year P/B Range
Min: 0.85   Max: 4.21
Current: 3.9
0.85
4.21
P/S 2.05
WY's P/S is ranked lower than
61% of the 360 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.57 vs. WY: 2.05 )
WY' s 10-Year P/S Range
Min: 0.53   Max: 2.38
Current: 2.05
0.53
2.38
PFCF 48.60
WY's PFCF is ranked lower than
62% of the 241 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 12.34 vs. WY: 48.60 )
WY' s 10-Year PFCF Range
Min: 8.61   Max: 236.67
Current: 48.6
8.61
236.67
EV-to-EBIT 22.2
WY's EV-to-EBIT is ranked lower than
55% of the 240 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 13.82 vs. WY: 22.2 )
WY' s 10-Year EV-to-EBIT Range
Min: 8.5   Max: 486.7
Current: 22.2
8.5
486.7
Shiller P/E 67
WY's Shiller P/E is ranked lower than
100% of the Companies
in the Global Lumber & Wood Production industry.

( Industry Median: vs. WY: 67 )
WY' s 10-Year Shiller P/E Range
Min: 10.48   Max: 77.33
Current: 67
10.48
77.33

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.44
WY's Dividend Yield is ranked higher than
73% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.75 vs. WY: 2.44 )
WY' s 10-Year Dividend Yield Range
Min: 0.42   Max: 10.58
Current: 2.44
0.42
10.58
Dividend Payout 0.7149
WY's Dividend Payout is ranked lower than
59% of the 145 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.40 vs. WY: 0.7149 )
WY' s 10-Year Dividend Payout Range
Min: 0.03   Max: 1.47
Current: 0.71
0.03
1.47
Dividend growth (3y) 29.3
WY's Dividend growth (3y) is ranked higher than
98% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 29.3 )
WY' s 10-Year Dividend growth (3y) Range
Min: -37.3   Max: 29.3
Current: 29.3
-37.3
29.3
Yield on cost (5-Year) 2.76
WY's Yield on cost (5-Year) is ranked higher than
78% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.68 vs. WY: 2.76 )
WY' s 10-Year Yield on cost (5-Year) Range
Min: 0.48   Max: 12.15
Current: 2.76
0.48
12.15
Share Buyback Rate 1.3
WY's Share Buyback Rate is ranked higher than
98% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 1.3 )
WY' s 10-Year Share Buyback Rate Range
Min: 14.3   Max: -2.7
Current: 1.3

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 22.8
WY's Price/Net Current Asset Value is ranked lower than
63% of the 277 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 5.50 vs. WY: 22.8 )
WY' s 10-Year Price/Net Current Asset Value Range
Min: 5.3   Max: 22.4
Current: 22.8
5.3
22.4
Price/Tangible Book 3.8
WY's Price/Tangible Book is ranked lower than
65% of the 310 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.00 vs. WY: 3.8 )
WY' s 10-Year Price/Tangible Book Range
Min: 1.3   Max: 3.7
Current: 3.8
1.3
3.7
Price/DCF (Projected) 14
WY's Price/DCF (Projected) is ranked lower than
65% of the 133 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.00 vs. WY: 14 )
WY' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 36.1
Current: 14
0.9
36.1
Price/Median PS Value 2.5
WY's Price/Median PS Value is ranked lower than
66% of the 315 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.00 vs. WY: 2.5 )
WY' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 2.6
Current: 2.5
0.7
2.6
Price/Graham Number 2.6
WY's Price/Graham Number is ranked lower than
62% of the 215 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.00 vs. WY: 2.6 )
WY' s 10-Year Price/Graham Number Range
Min: 0.5   Max: 6.3
Current: 2.6
0.5
6.3
Earnings Yield (Greenblatt) 4.50
WY's Earnings Yield (Greenblatt) is ranked higher than
65% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 4.70 vs. WY: 4.50 )
WY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 11.8
Current: 4.5
0.2
11.8
Forward Rate of Return (Yacktman) -1.63
WY's Forward Rate of Return (Yacktman) is ranked lower than
52% of the 381 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: -1.63 )
WY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -8.6   Max: 20.4
Current: -1.63
-8.6
20.4

Business Description

Weyerhaeuser Company started out as Weyerhaeuser Timber Company, incorporated in the state of Washington in January 1900 when Frederick Weyerhaeuser and 15 partners bought 900,000 acres of timberland. Weyerhaeuser is a forest products company that mainly grows and harvests trees, builds homes and makes a range of forest products essential to everyday lives. The Company's business has offices or operations in 11 countries and has customers worldwide. The Company manages 20.3 million acres of forests, of which it owns 5.7 million acres, lease 0.7 million acres and has renewable, long-term licenses on 13.9 million acres. The Company's business segments are Timberlands, Wood Products, Cellulose Fibers, Real Estate and Corporate and Other. The Company's Timberlands business segment grows and harvests trees for use as lumber, other wood and building products and pulp and paper. The Company's wood products segment: provides a family of high-quality softwood lumber, engineered lumber, structural panels and other specialty products to the residential, multi-family and light commercial markets; delivers innovative homebuilding solutions to help its customers quickly and efficiently meet their customers' needs; sells its products and services primarily through the Company's own sales organizations and distribution facilities as well as building materials that it purchases from other manufacturers; sells certain products into the repair and remodel market through the wood preserving and home-improvement warehouse channels; and exports its softwood lumber and engineered building materials to Asia and Europe. The Company's cellulose fibers segment is one of the world's largest producers of absorbent fluff used in products such as diapers. It also manufactures liquid packaging board and other pulp products. It has a 50 percent interest in North Pacific Paper Corporation (NORPAC) - a joint venture with Nippon Paper Industries that produces newsprint and high-brightness publication papers. The Company's Real Estate business segment includes its wholly-owned subsidiary Weyerhaeuser Real Estate Company (WRECO) and its subsidiaries. The Real Estate segment focuses on: constructing single-family housing and developing residential lots for its use and for sale. Corporate and Other includes certain gains or charges that are not related to an individual operating segment and the portion of items such as share-based compensation, pension and postretirement costs, foreign exchange transaction gains and losses associated with financing and other general and administrative expenses that are not allocated to the business segments. Many of the Company's products also compete against substitutes for wood and wood-fiber products. In real estate development, it competes against numerous regional and national firms. Weyerhaeuser competes in its markets mainly through price, product quality and service levels. The Company's operations also are subject to federal,
Company Website
SEC Reports
Industry: Lumber & Wood Production
Compare:PCL, RYN, WFTBF, LPX, CFPZF
Traded in other countries:WHC.Germany
» More Articles for WY

Headlines

Articles On GuruFocus.com
Third Avenue Management Discusses Marty Whitman's Deep Value Style May 31 2013 
Prem Watsa Owns 30% Resolute Forest Products May 03 2013 
8 Dividend Stocks Growing Future Yield Apr 22 2013 
‘Warren Buffett’ of Canada Prem Watsa Resolute - Paper, Pulp and Peers Apr 02 2013 
Growth Hedge Fund Shakeups: Ford (F), Delta (DAL) And More Mar 24 2013 
Third Avenue Management Comments on Weyerhaeuser Oct 02 2012 
U.S. Housing Market Improves; Time to Look at Timbers Sep 23 2012 
comment on WY Sep 20 2012 
comment on WY Sep 22 2011 
Housing investmant Jul 20 2011 

More From Our Partners
Action in Timber May Signal Start of Recovery Jun 17 2013 - BENZINGA

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