Conifex Timber (TSX:CFF) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


TSX:CFF Conifex Timber Inc TSX:CFF
34 GF Score
Price C$0.14
GF Value C$0.31
Valuation Possible Value Trap
! 6 Warning Signs
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What is Conifex Timber Scaled Net Operating Assets?

Conifex Timber TSX:CFF +3.85% 34 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates TSX:CFF with a GF Score™ of 34/100 and a GF Value™ of C$0.31 (Possible Value Trap). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Conifex Timber's operating assets for the quarter that ended in Mar. 2026 was C$211.2 Mil. Conifex Timber's operating liabilities for the quarter that ended in Mar. 2026 was C$71.9 Mil. Conifex Timber's Total Assets for the quarter that ended in Dec. 2025 was C$207.7 Mil. Therefore, Conifex Timber's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Conifex Timber Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Conifex Timber's Scaled Net Operating Assets 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.

Conifex Timber Scaled Net Operating Assets Chart

Conifex Timber Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.87 0.68 0.73 0.65

Conifex Timber Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.82 0.73 0.70 0.65 0.67

TSX:CFF vs SSD, UFPI, BCC: Scaled Net Operating Assets Comparison

For the Lumber & Wood Production subindustry, Conifex Timber's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Conifex Timber Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Conifex Timber's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Conifex Timber's Scaled Net Operating Assets falls into.


TSX:CFF
34GF Score
Conifex Timber Inc TSX:CFF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Conifex Timber Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Conifex Timber's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(203.234-70.276)/203.884
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=207.667 - 4.433
=203.234

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=157.927 - 1.337 - 86.314
=70.276

Conifex Timber's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(211.222-71.903)/207.667
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=214.855 - 3.633
=211.222

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=174.487 - 89.682 - 12.902
=71.903

* 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 Scaled Net Operating Assets of 0.67 mean?
Conifex Timber (TSX:CFF) has a Scaled Net Operating Assets of 0.67 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conifex Timber and its competitors.
Is Conifex Timber's Scaled Net Operating Assets too high?
Conifex Timber's current Scaled Net Operating Assets is 0.67. Overall, Conifex Timber has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conifex Timber's Scaled Net Operating Assets compare to SSD and UFPI?
Conifex Timber's Scaled Net Operating Assets of 0.67 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest Products industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conifex Timber and its competitors. Conifex Timber's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conifex Timber stock overvalued right now?
Based on GuruFocus' analysis, Conifex Timber (TSX:CFF) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.31, compared to a current price of C$0.14 — trading 56.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. Conifex Timber's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Conifex Timber (TSX:CFF), the current Scaled Net Operating Assets is 0.67 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 Conifex Timber (TSX:CFF) Overvalued in 2026?

Based on GuruFocus' analysis, Conifex Timber stock appears to be undervalued. The current stock price of C$0.14 is trading 56.5% below its estimated GF Value™ of C$0.31. GuruFocus considers Conifex Timber to be Possible Value Trap.

Key valuation signals for TSX:CFF:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: C$0.31 vs. price of C$0.14 (56.5% below fair value)
  • GF Score™: 34/100 with 6 warning signs

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


Conifex Timber Business Description

Other Exchanges CFXTF:USA5CA:Germany
Address 980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Conifex Timber Inc is a Canada-based forestry company. It operates through one reportable segment comprising of activities that include timber harvesting, reforestation, forest management, processing logs into lumber and wood chips, value added lumber finishing and generation of electrical power that is complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber, Lumber by-products and other, and Bioenergy. Geographically, it operates in United States, Canada and Japan. The company derives maximum revenue from United states.
34GF Score

Get the complete analysis for TSX:CFF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.14
Price
C$0.31
GF Value