Hardwoods Distribution P/E 2024

Hardwoods Distribution P/E

9.19

Hardwoods Distribution Dividend yield

1.14 %

Ticker

HDI.TO

ISIN

CA4124221074

WKN

A1JCX4

As of May 23, 2024, Hardwoods Distribution's P/E ratio was 9.19, a 0% change from the 0 P/E ratio recorded in the previous year.

The Hardwoods Distribution P/E history

Hardwoods Distribution Aktienanalyse

What does Hardwoods Distribution do?

The company Hardwoods Distribution Inc was founded in 1984 by Rob Brown and is headquartered in Langley, British Columbia, Canada. The company specializes in the distribution of wood products and operates in North America and Europe. In the early years, the company mainly focused on supplying wood retailers and carpentry shops in British Columbia. However, with the success and growth of the company, they expanded to the entire North American market. In the following years, new branches were opened in the USA, which are responsible for the distribution of wood products in their respective areas. Hardwoods Distribution Inc has evolved over the years to become one of the leading distributors of wood products in North America and has constantly expanded its product portfolio. Today, Hardwoods Distribution Inc offers a wide range of wood and wood products, including raw wood panels, veneers, plywood, tiles, wooden boards, and composite products. To ensure efficient operation and fast delivery of products, the company has extensive inventory and product range at each of its locations. Hardwoods Distribution Inc is divided into three main divisions: Hardwoods Specialty Products, Hardwoods Mouldings, and Hardwoods Plywood & Sheet Goods. Hardwoods Specialty Products offers high-quality veneer and laminate products, including custom veneers, a diverse range of wood veneers in various varieties, and special formats such as 3D panels. Hardwoods Mouldings offers a wide selection of finished furniture elements, including door panels, moldings, trims, and applications. The company also provides customized solutions by designing and manufacturing wooden furniture elements based on individual requirements and customer wishes. Hardwoods Plywood & Sheet Goods focuses on the production and distribution of plywood, fiber boards, OSB boards, MDF, and other wood materials. The company also supplies an extensive range of fire-resistant, moisture-resistant, and acoustic panels. This wide range of products is tailored to the various needs of the wood market and its customers. The company places great emphasis on the quality of its products and always emphasizes the sustainability of its wood sources. It ensures that the wood products it distributes come from responsible, certified sources. Overall, Hardwoods Distribution Inc offers its customers a wide range of high-quality wood products and solutions for their needs. With a strong focus on the quality and sustainability of its products, as well as a well-organized and efficient distribution model, the company has become a leading provider in the North American wood market. Hardwoods Distribution ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hardwoods Distribution's P/E Ratio

The Price to Earnings (P/E) Ratio of Hardwoods Distribution is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Hardwoods Distribution's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Hardwoods Distribution is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Hardwoods Distribution’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Hardwoods Distribution Stock

What is the price-to-earnings ratio of Hardwoods Distribution?

The price-earnings ratio of Hardwoods Distribution is currently 9.19.

How has the price-earnings ratio of Hardwoods Distribution changed compared to last year?

The price-to-earnings ratio of Hardwoods Distribution has increased by 0% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hardwoods Distribution high compared to other companies?

Yes, the price-to-earnings ratio of Hardwoods Distribution is high compared to other companies.

How does an increase in the price-earnings ratio of Hardwoods Distribution affect the company?

An increase in the price-earnings ratio of Hardwoods Distribution would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hardwoods Distribution affect the company?

A decrease in the price-earnings ratio of Hardwoods Distribution would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hardwoods Distribution?

Some factors that influence the price-earnings ratio of Hardwoods Distribution are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hardwoods Distribution pay?

Over the past 12 months, Hardwoods Distribution paid a dividend of 0.4 CAD . This corresponds to a dividend yield of about 1.14 %. For the coming 12 months, Hardwoods Distribution is expected to pay a dividend of 0.53 CAD.

What is the dividend yield of Hardwoods Distribution?

The current dividend yield of Hardwoods Distribution is 1.14 %.

When does Hardwoods Distribution pay dividends?

Hardwoods Distribution pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Hardwoods Distribution?

Hardwoods Distribution paid dividends every year for the past 16 years.

What is the dividend of Hardwoods Distribution?

For the upcoming 12 months, dividends amounting to 0.53 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Hardwoods Distribution located?

Hardwoods Distribution is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hardwoods Distribution kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hardwoods Distribution from 10/28/2022 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 10/14/2022.

When did Hardwoods Distribution pay the last dividend?

The last dividend was paid out on 10/28/2022.

What was the dividend of Hardwoods Distribution in the year 2023?

In the year 2023, Hardwoods Distribution distributed 0.48 CAD as dividends.

In which currency does Hardwoods Distribution pay out the dividend?

The dividends of Hardwoods Distribution are distributed in CAD.

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Andere Kennzahlen von Hardwoods Distribution

Our stock analysis for Hardwoods Distribution Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hardwoods Distribution Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.