WFSTF (Western Forest Products) Equity-to-Asset: 0.63 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WFSTF Western Forest Products Inc WFSTF
61 GF Score
Price $12.92
GF Value $9.06
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Western Forest Products Equity-to-Asset?

Western Forest Products WFSTF +1.45% 61 Equity-to-Asset is 0.63 as of Mar. 2026, which is 3% below its 10-year median of 0.65. GuruFocus rates WFSTF with a GF Score™ of 61/100 and a GF Value™ of $9.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 286 Forest Products companies, Western Forest Products ranks better than 65.73% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Forest Products's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $334.0 Mil. Western Forest Products's Total Assets for the quarter that ended in Mar. 2026 was $528.6 Mil. Therefore, Western Forest Products's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.63.

The historical rank and industry rank for Western Forest Products's Equity-to-Asset or its related term are showing as below:

WFSTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.65   Max: 0.71
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Western Forest Products was 0.71. The lowest was 0.53. And the median was 0.65.

WFSTF's Equity-to-Asset is ranked better than
65.73% of 286 companies
in the Forest Products industry
Industry Median: 0.54 vs WFSTF: 0.63

Western Forest Products  (OTCPK:WFSTF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Western Forest Products Equity-to-Asset Related Terms


Western Forest Products Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Western Forest Products's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Forest Products Equity-to-Asset Chart

Western Forest Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.69 0.62 0.61 0.65

Western Forest Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.66 0.67 0.65 0.63

WFSTF vs SSD, UFPI, BCC: Equity-to-Asset Comparison

For the Lumber & Wood Production subindustry, Western Forest Products's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Forest Products Equity-to-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Western Forest Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Western Forest Products's Equity-to-Asset falls into.


WFSTF
61GF Score
Western Forest Products Inc WFSTF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Forest Products Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Western Forest Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=345.487/534.976
=0.65

Western Forest Products's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=334.038/528.571
=0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.63 mean?
Western Forest Products (WFSTF) has a Equity-to-Asset of 0.63 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Western Forest Products and its competitors. This is near median its historical median of 0.65. Over the past decade, Western Forest Products' Equity-to-Asset has ranged from 0.53 to 0.71. According to the industry distribution chart, Western Forest Products ranks #98 out of 286 companies in the Forest Products industry, placing it in the top 34.3%.
Is Western Forest Products' Equity-to-Asset too high?
Western Forest Products' current Equity-to-Asset of 0.63 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.71. The Forest Products industry median Equity-to-Asset is 0.54. Western Forest Products' value of 0.63 is 16.7% above this industry median. Based on the distribution chart, Western Forest Products ranks #98 out of 286 companies in the Forest Products industry, which is above the industry midpoint. Overall, Western Forest Products has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Forest Products' Equity-to-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Western Forest Products ranks #98 out of 286 companies for Equity-to-Asset. This puts Western Forest Products in the upper half of its industry. The industry median Equity-to-Asset is 0.54. Western Forest Products' value of 0.63 is 16.7% above this benchmark. Historically, Western Forest Products' own Equity-to-Asset has ranged from 0.53 to 0.71 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.54, Western Forest Products has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 286 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Forest Products's current Equity-to-Asset of 0.63 is 16.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Western Forest Products and its competitors. For the Forest Products industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Forest Products's current Equity-to-Asset is 0.63, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Forest Products stock overvalued right now?
Based on GuruFocus' analysis, Western Forest Products (WFSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.06, compared to a current price of $12.92 — trading 42.6% above its estimated fair value. The current Equity-to-Asset is 0.63, which is near median its 10-year median of 0.65 and 16.7% above the Forest Products industry median of 0.54. Western Forest Products' overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Western Forest Products (WFSTF), the current Equity-to-Asset is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Forest Products (WFSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Western Forest Products stock appears to be overvalued. The current stock price of $12.92 is trading 42.6% above its estimated GF Value™ of $9.06. GuruFocus considers Western Forest Products to be Significantly Overvalued.

Key valuation signals for WFSTF:

  • Equity-to-Asset: 0.63 (near median its 10-year median of 0.65)
  • GF Value™: $9.06 vs. price of $12.92 (42.6% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 16.7% above the Forest Products median (#98 of 286)

No single metric tells the full story. See the WFSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Forest Products Business Description

Other Exchanges NWF0:GermanyWEF:Canada
Address 1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glue-laminated timber (glulam) remanufacturing, and lumber purchase and wholesaling activities. The Company manages its business as a single operating segment, with the majority of Western's property, plant and equipment, biological assets and timber license located in Canada. The company operates in United States, Canada, Japan, China, Europe and Other countries. It derives maximum revenue from Canada.
61GF Score

Get the complete analysis for WFSTF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.92
Price
$9.06
GF Value