GreenFirst Forest ProductsICLTF -10.71%48 WACC % is 16.04% as of Jul. 05, 2026, which is 431% above its 10-year median of 3.02. GuruFocus rates ICLTF with a GF Score™ of 48/100 and a GF Value™ of $1.52 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 292 Forest Products companies, GreenFirst Forest Products ranks worse than 98.29% on this metric.
As of today (2026-07-05), GreenFirst Forest Products's weighted average cost of capital is 16.04%%. GreenFirst Forest Products's ROIC % is -58.23% (calculated using TTM income statement data).
GreenFirst Forest Products earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, GreenFirst Forest Products's weighted average cost of capital is 16.04%%. GreenFirst Forest Products's ROIC % is -58.23% (calculated using TTM income statement data).
GreenFirst Forest Products earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
* 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.
For the Lumber & Wood Production subindustry, GreenFirst Forest Products's WACC %, along with its competitors' market caps and WACC % 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.
GreenFirst Forest Products WACC % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's WACC % distribution charts can be found below:
* The bar in red indicates where GreenFirst Forest Products's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, GreenFirst Forest Products's market capitalization (E) is $31.793 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, GreenFirst Forest Products's latest one-year quarterly average Book Value of Debt (D) is $30.1336 Mil.
a) weight of equity = E / (E + D) = 31.793 / (31.793 + 30.1336) = 0.5134
b) weight of debt = D / (E + D) = 30.1336 / (31.793 + 30.1336) = 0.4866
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 3.5415%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. GreenFirst Forest Products's beta is 0.8830.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 3.5415% + 0.8830 * 6% = 8.8395%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, GreenFirst Forest Products's interest expense (positive number) was $7.347 Mil. Its total Book Value of Debt (D) is $30.1336 Mil.
Cost of Debt = 7.347 / 30.1336 = 24.3814%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = -2.76 / -90.098 = 3.06%.
* 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.
GreenFirst Forest Products (ICLTF) has a WACC % of 16.04% as of Jul. 05, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on GreenFirst Forest Products and its competitors. This is 431% above median its historical median of 3.02. According to the industry distribution chart, GreenFirst Forest Products ranks #287 out of 292 companies in the Forest Products industry, placing it in the top 98.3%.
Is GreenFirst Forest Products' WACC % too high?
GreenFirst Forest Products' current WACC % of 16.04% is 431% above median its 10-year median of 3.02. The Forest Products industry median WACC % is 7.31. GreenFirst Forest Products' value of 16.04% is 119.6% above this industry median. Based on the distribution chart, GreenFirst Forest Products ranks #287 out of 292 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, GreenFirst Forest Products has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' WACC % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, GreenFirst Forest Products ranks #287 out of 292 companies for WACC %. This places GreenFirst Forest Products in the lower half of its industry. The industry median WACC % is 7.31. GreenFirst Forest Products' value of 16.04% is 119.6% above this benchmark. While the company's 10-year median is 3.02 vs. the industry median of 7.31, GreenFirst 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 WACC % for a Forest Products company?
The median WACC % among Forest Products companies is 7.31, based on 292 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GreenFirst Forest Products's current WACC % of 16.04% is 119.6% 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on GreenFirst Forest Products and its competitors. For the Forest Products industry, the median WACC % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenFirst Forest Products's current WACC % is 16.04%, which is 431% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenFirst Forest Products stock overvalued right now?
Based on GuruFocus' analysis, GreenFirst Forest Products (ICLTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.52, compared to a current price of $1.25 — trading 17.8% below its estimated fair value. The current WACC % is 16.04%, which is 431% above median its 10-year median of 3.02 and 119.6% above the Forest Products industry median of 7.31. GreenFirst Forest Products' overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For GreenFirst Forest Products (ICLTF), the current WACC % is 16.04% as of Jul. 05, 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 GreenFirst Forest Products (ICLTF) Overvalued in 2026?
Based on GuruFocus' analysis, GreenFirst Forest Products stock appears to be undervalued.
The current stock price of $1.25 is trading 17.8% below its estimated GF Value™ of $1.52.
GuruFocus considers GreenFirst Forest Products to be Possible Value Trap.
Key valuation signals for ICLTF:
WACC %: 16.04% (431% above median its 10-year median of 3.02)
GF Value™: $1.52 vs. price of $1.25 (17.8% below fair value)
Industry Position: 119.6% above the Forest Products median (#287 of 292)
No single metric tells the full story. See the ICLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GreenFirst Forest Products Inc operates as a forest products business consisting of four operating sawmills located in Ontario. The company manufactures and markets a range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction, with by-products from production sold to pulp producers. It operates in a single operating segment, being lumber products. The group's geographic markets are Canada and the United States, with the majority of revenue derived from the United States. The company generates almost all of its revenue from the sale of Lumber products and a small portion of its revenue from the sale of Chips, by-products, and other.
48GF Score
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