CFPZF (Canfor) ROC (Joel Greenblatt) %: -9.19% (As of Mar. 2026)


CFPZF Canfor Corp CFPZF
72 GF Score
Price $9.50
GF Value $10.54
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Canfor ROC (Joel Greenblatt) %?

Canfor CFPZF +0.48% 72 ROC (Joel Greenblatt) % is -9.19% as of Mar. 2026. GuruFocus rates CFPZF with a GF Score™ of 72/100 and a GF Value™ of $10.54 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 285 Forest Products companies, Canfor ranks worse than 90.18% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Canfor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.19%.

The historical rank and industry rank for Canfor's ROC (Joel Greenblatt) % or its related term are showing as below:

CFPZF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28.62   Med: 23.18   Max: 75.27
Current: -23.13

During the past 13 years, Canfor's highest ROC (Joel Greenblatt) % was 75.27%. The lowest was -28.62%. And the median was 23.18%.

CFPZF's ROC (Joel Greenblatt) % is ranked worse than
90.18% of 285 companies
in the Forest Products industry
Industry Median: 4.59 vs CFPZF: -23.13

Canfor's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Canfor  (OTCPK:CFPZF) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Canfor ROC (Joel Greenblatt) % Related Terms


Canfor ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Canfor's ROC (Joel Greenblatt) % 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.

Canfor ROC (Joel Greenblatt) % Chart

Canfor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.29 38.45 -14.09 -27.75 -28.64

Canfor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 -3.47 -7.08 -25.05 -52.11 -9.19

CFPZF vs SSD, UFPI, BCC: ROC (Joel Greenblatt) % Comparison

For the Lumber & Wood Production subindustry, Canfor's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Canfor ROC (Joel Greenblatt) % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Canfor's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Canfor's ROC (Joel Greenblatt) % falls into.


CFPZF
72GF Score
Canfor Corp CFPZF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canfor ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.711 + 692.642 + 99.601) - (518.884 + 33.49 + -1.1368683772162E-13)
=483.58

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(310.204 + 752.915 + 86.005) - (540.16 + 33.673 + 0.00099999999997635)
=575.29

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Canfor for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-211.372/( ( (1776.223 + max(483.58, 0)) + (1766.764 + max(575.29, 0)) )/ 2 )
=-211.372/( ( 2259.803 + 2342.054 )/ 2 )
=-211.372/2300.9285
=-9.19 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of -9.19% mean?
Canfor (CFPZF) has a ROC (Joel Greenblatt) % of -9.19% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Canfor and its competitors. According to the industry distribution chart, Canfor ranks #257 out of 285 companies in the Forest Products industry, placing it in the top 90.2%.
Is Canfor's ROC (Joel Greenblatt) % too high?
Canfor's current ROC (Joel Greenblatt) % is -9.19%. Based on the distribution chart, Canfor ranks #257 out of 285 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Canfor has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canfor's ROC (Joel Greenblatt) % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Canfor ranks #257 out of 285 companies for ROC (Joel Greenblatt) %. This places Canfor in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 4.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.59, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Canfor and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canfor's current ROC (Joel Greenblatt) % is -9.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canfor stock overvalued right now?
Based on GuruFocus' analysis, Canfor (CFPZF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.54, compared to a current price of $9.50 — trading 9.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is -9.19%. Canfor's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Canfor (CFPZF), the current ROC (Joel Greenblatt) % is -9.19% 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 Canfor (CFPZF) Overvalued in 2026?

Based on GuruFocus' analysis, Canfor stock appears to be undervalued. The current stock price of $9.50 is trading 9.8% below its estimated GF Value™ of $10.54. GuruFocus considers Canfor to be Modestly Undervalued.

Key valuation signals for CFPZF:

  • ROC (Joel Greenblatt) %: -9.19%
  • GF Value™: $10.54 vs. price of $9.50 (9.8% below fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Canfor Business Description

Other Exchanges NKC:GermanyCFP:Canada
Address 101-161 East 4th Avenue, Vancouver, BC, CAN, V5T 1G4
Canfor is a softwood lumber company that also owns Canfor Pulp Products. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations. The pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.
72GF Score

Get the complete analysis for CFPZF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.50
Price
$10.54
GF Value