Hardwoods Distribution (HDI.TO) Stock Price

Hardwoods Distribution Price

Delisted·Jan 19, 2023
29.57CAD
Last traded price

Over the last 19 years Hardwoods Distribution grew revenue by 10.9% annually, reaching 1.62 B CAD. Earnings per share have grown at 13.2% per year over the last 19 years. For Hardwoods Distribution, the net margin of 6.4% is up versus 2.9% a few years ago. At today's price the dividend yield works out to roughly 1.35%. The payout ratio is around 8% of earnings. The consensus 12-month price target for Hardwoods Distribution is 49.98 CAD, about 69.0% above where the stock trades today. Of 11 analysts, 10 rate the stock a buy — an overall Buy consensus.

Hardwoods Distribution stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Hardwoods Distribution over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Hardwoods Distribution stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Hardwoods Distribution's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Hardwoods Distribution Stock Price History
DateHardwoods Distribution Price
Access this data via the Eulerpool API

Hardwoods Distribution Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
861.14 M CAD
35.46 M CAD
21.74 M CAD
Jan 1, 2020
928.44 M CAD
43.55 M CAD
28.03 M CAD
Jan 1, 2021
1.62 B CAD
152.33 M CAD
103.15 M CAD
Jan 1, 2022 (e)
2.61 B CAD
220.79 M CAD
140.35 M CAD
Jan 1, 2023 (e)
2.32 B CAD
134.30 M CAD
88.06 M CAD
Jan 1, 2024 (e)
2.35 B CAD
132.31 M CAD
82.55 M CAD
Jan 1, 2025 (e)
2.39 B CAD
158.39 M CAD
63.94 M CAD
Jan 1, 2026 (e)
2.36 B CAD
147.56 M CAD
50.03 M CAD

Hardwoods Distribution Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 2:32 PM
 
REVENUEB CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM CAD
EBITM CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
DIV.CAD
SHARESM
201120122013201420152016201720182019202020212022e2023e2024e2025e2026e
0.230.310.360.410.450.580.770.830.860.931.622.612.322.352.392.36
21.4731.9017.6514.448.5029.5332.648.463.367.7874.1461.26-11.051.251.92-1.25
17.6717.3218.0617.2317.2318.1318.2317.6518.0019.1823.0223.0223.0223.0223.0223.02
41.0053.0065.0071.0077.00105.00140.00147.00155.00178.00372.00599.90533.60540.27550.63543.73
4.0011.0019.0021.0025.0028.0036.0036.0035.0043.00152.00220.00134.00132.00158.00147.00
1.723.595.285.105.594.844.694.324.074.639.418.445.785.626.616.22
6.006.0012.0012.0015.0017.0022.0023.0021.0028.00103.00140.0088.0082.0063.0050.00
100.0025.0013.3329.414.55-8.7033.33267.8635.92-37.14-6.82-23.17-20.63
0.480.480.48
15.6016.4016.6016.6016.8019.0221.4721.5821.4921.3821.6021.6021.6021.6021.6021.60
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Hardwoods Distribution generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Hardwoods Distribution retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Hardwoods Distribution's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Hardwoods Distribution has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Hardwoods Distribution's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Hardwoods Distribution stock margins

The Hardwoods Distribution margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Hardwoods Distribution. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Hardwoods Distribution.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
18.35 %
4.69 %
2.86 %
Jan 1, 2018
17.74 %
4.44 %
2.80 %
Jan 1, 2019
18.09 %
4.12 %
2.52 %
Jan 1, 2020
19.23 %
4.69 %
3.02 %
Jan 1, 2021
23.07 %
9.43 %
6.38 %
Jan 1, 2022 (e)
23.07 %
8.47 %
5.39 %
Jan 1, 2023 (e)
23.07 %
5.79 %
3.80 %
Jan 1, 2024 (e)
23.07 %
5.64 %
3.52 %

Hardwoods Distribution Stock Revenue, EBIT, Earnings per Share

The Hardwoods Distribution earnings per share therefore indicates how much revenue Hardwoods Distribution has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
35.79 CAD
1.68 CAD
1.03 CAD
Jan 1, 2018
38.62 CAD
1.71 CAD
1.08 CAD
Jan 1, 2019
40.07 CAD
1.65 CAD
1.01 CAD
Jan 1, 2020
43.43 CAD
2.04 CAD
1.31 CAD
Jan 1, 2021
74.81 CAD
7.05 CAD
4.77 CAD
Jan 1, 2022 (e)
113.67 CAD
10.22 CAD
6.12 CAD
Jan 1, 2023 (e)
101.11 CAD
6.22 CAD
3.84 CAD
Jan 1, 2024 (e)
102.38 CAD
6.12 CAD
3.60 CAD

Hardwoods Distribution business model & stock analysis

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 SWOT Analysis

Strengths

Hardwoods Distribution Inc. possesses several strengths that contribute to its success and competitive advantage in the market.

  • Strong market position: Hardwoods Distribution Inc. holds a significant presence in the wood products distribution industry.
  • Diverse product portfolio: The company offers a wide range of wood products that cater to various customer needs and preferences.
  • Established customer base: Hardwoods Distribution Inc. has built long-term relationships with a loyal customer base.
  • Efficient supply chain: The company's well-developed distribution network ensures timely delivery of products to customers.
  • Strong financial performance: Hardwoods Distribution Inc. has consistently achieved solid financial results, demonstrating stability and growth potential.

Weaknesses

Despite its strengths, Hardwoods Distribution Inc. faces certain weaknesses that hinder its performance and growth prospects.

  • Dependency on external suppliers: The company relies heavily on third-party suppliers, which may lead to potential supply chain disruptions.
  • Narrow geographic presence: Hardwoods Distribution Inc. is primarily focused on a specific region, limiting its market reach.
  • Higher operational costs: The nature of the wood products industry involves significant transportation and storage expenses.

Opportunities

Hardwoods Distribution Inc. operates in an industry with numerous opportunities that can be leveraged to drive further growth.

  • Expanding product offerings: Diversifying the product portfolio to include complementary materials or value-added services can attract new customers.
  • Geographic expansion: Targeting new regions or countries can provide access to untapped markets and increase market share.
  • Green initiatives: With increasing environmental awareness, investing in sustainable practices and certifications can attract eco-conscious customers.
  • Technological advancements: Adopting innovative technology solutions can enhance operational efficiency and customer experience.

Threats

Hardwoods Distribution Inc. faces certain threats in the competitive landscape that could impact its market position and profitability.

  • Intense competition: The industry is highly competitive, with numerous players vying for market share.
  • Economic downturns: Recessionary periods can impact construction and consumer spending, thereby affecting demand for wood products.
  • Price volatility: Fluctuating raw material costs and exchange rates can pose challenges for maintaining profit margins.
  • Regulatory changes: Evolving regulations and trade policies may affect import/export processes and increase compliance costs.

Hardwoods Distribution Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Hardwoods Distribution historical P/E ratio, EBIT multiple, and P/S ratio

Hardwoods Distribution annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Hardwoods Distribution shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
21.47 M Stocks
Jan 1, 2018
21.58 M Stocks
Jan 1, 2019
21.49 M Stocks
Jan 1, 2020
21.38 M Stocks
Jan 1, 2021
21.60 M Stocks
Jan 1, 2022 (e)
21.60 M Stocks
Jan 1, 2023 (e)
21.60 M Stocks
Jan 1, 2024 (e)
21.60 M Stocks

Hardwoods Distribution stock splits

In Hardwoods Distribution's history, there have been no stock splits.

Hardwoods Distribution Dividend History

17 years of dividend payments · 11 consecutive increases

YearAnnual DividendYoY ChangePayments
20220.48CAD 20.0%
20210.40CAD 17.6%
20200.34CAD 6.3%
20190.32CAD 7.6%
20180.30CAD 14.4%
20170.26CAD 14.3%
20160.23CAD 13.8%
20150.20CAD 17.6%
20140.17CAD 25.9%
20130.14CAD 35.0%

Hardwoods Distribution dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
25.37 %
Jan 1, 2018
27.54 %
Jan 1, 2019
31.64 %
Jan 1, 2020
25.93 %
Jan 1, 2021
8.38 %
Jan 1, 2022 (e)
7.84 %
Jan 1, 2023 (e)
12.50 %
Jan 1, 2024 (e)
13.33 %

Current Hardwoods Distribution forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
23.44 %
Buy
90.91 % (10)
Hold
9.09 % (1)
Sell
0.00 % (0)
12M Price Target
49.98
Last Price
29.57
Currency
CAD
12M Return Potential
69.02 %
LTM Return
0 %

Hardwoods Distribution Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/9/20231.02CAD-518.87 MCAD-2023 Q2
5/10/20230.97CAD-516.43 MCAD-2023 Q1
3/13/20230.99CAD-598.97 MCAD-2022 Q4
11/8/20221.29CAD-637.70 MCAD-2022 Q3
8/11/20221.56CAD-642.45 MCAD-2022 Q2
5/12/20221.24CAD-558.27 MCAD-2022 Q1
3/14/20221.25CAD-482.84 MCAD-2021 Q4
11/8/20211.29CAD-449.42 MCAD-2021 Q3
8/9/20210.71CAD-312.70 MCAD-2021 Q2
5/12/20210.52CAD-309.49 MCAD-2021 Q1

Hardwoods Distribution shareholder structure

% Name
18.33079%
Bull (Peter Morris)
Bull (Peter Morris)
2.46366%
Mackenzie Financial Corporation
Mackenzie Financial Corporation
2.12529%
Fiera Capital Corporation
Fiera Capital Corporation
1.73042%
RBC Global Asset Management Inc.
RBC Global Asset Management Inc.
1.46686%
Hughes (David)
Hughes (David)
1.31161%
Brown, Robert James
Brown, Robert James

Frequently asked questions about Hardwoods Distribution

The business model of Hardwoods Distribution Inc. revolves around the distribution and supply of hardwood lumber products. As a leading distributor in North America, the company sources, warehouses, and sells a wide range of hardwood products to its customer base, which includes manufacturers, distributors, and retailers. Hardwoods Distribution Inc. prides itself on its extensive product offering, high-quality standards, efficient distribution network, and exceptional customer service. By leveraging its strong relationships with suppliers and customers, the company strives to meet market demands, maintain competitive pricing, and maximize value for all stakeholders.

Hardwoods Distribution Inc is primarily active in the wholesale distribution of hardwood lumber and related sheet goods. They serve various industries including residential construction, commercial construction, renovation, and furniture manufacturing. Their extensive product portfolio includes hardwoods, decorative surfaces, plywood, engineered wood products, and specialty products. With a focus on providing quality building materials and exceptional customer service, Hardwoods Distribution Inc has established a strong presence in the construction and woodworking industries.

The main competitors of Hardwoods Distribution Inc in the market include national distributors such as Weyerhaeuser Company and Boise Cascade Company. These companies also operate in the wood products industry and compete with Hardwoods Distribution Inc in terms of product offerings, supply chain efficiency, and customer service. However, Hardwoods Distribution Inc distinguishes itself through its extensive product portfolio, strong relationships with suppliers, and a broad customer base. It remains a prominent player in the market, continuously striving to deliver quality wood products to its customers.

Hardwoods Distribution Inc is a leading distributor of high-quality hardwood products in North America. Founded in 1983, the company initially started as a single lumberyard but has since grown into a well-established enterprise with numerous locations across the continent. Hardwoods Distribution Inc offers a wide range of hardwood products including flooring, decking, and specialty wood. With over 35 years of industry experience, the company has built a solid reputation for providing exceptional customer service and superior products. As a market leader, Hardwoods Distribution Inc continues to expand its product offerings and enhance its operations, positioning itself as a trusted supplier in the hardwood industry.

Hardwoods Distribution Inc, a leading distributor of high-quality hardwood products, has achieved several significant milestones over the years. The company has successfully expanded its operations across North America, establishing a strong presence in both the residential and commercial markets. Hardwoods Distribution Inc has consistently demonstrated impressive financial growth and profitability. Through strategic acquisitions and partnerships, they have enhanced their product portfolio and customer base. The company's commitment to innovation and customer satisfaction has earned them numerous industry accolades and awards. With a strong focus on sustainability and environmental stewardship, Hardwoods Distribution Inc continues to thrive as a trusted provider of premium hardwood products in the market.

Hardwoods Distribution Inc primarily operates in Canada and the United States.

Hardwoods Distribution Inc represents values of integrity, excellence, and customer focus. As a leading distributor of high-quality hardwood products, the company prioritizes delivering exceptional customer service and building strong relationships. Hardwoods Distribution Inc is committed to providing innovative solutions, reliable delivery, and superior product knowledge. With a customer-centered approach, the company strives to exceed expectations and maintain long-term partnerships. By consistently demonstrating integrity in their dealings and fostering a culture of excellence, Hardwoods Distribution Inc upholds a corporate philosophy that emphasizes customer satisfaction and sustainable growth.

Analysts currently set an average price target of 49.18 CAD for the Hardwoods Distribution stock (median: 49.98 CAD), implying +66.3 % versus the latest price. The consensus is based on 11 analyst ratings.

11 analysts currently rate the Hardwoods Distribution stock: 10 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the Hardwoods Distribution share trades at 18.25 EUR (29.57 CAD).

The Hardwoods Distribution share (HDI.TO) is listed on 3 stock exchanges, including: Frankfurt (0XY.F), Düsseldorf (0XY.DU), Toronto (HDI.TO).

Hardwoods Distribution Inc. is a leading company in the wood industry that offers high-quality wood products and related services. The company is headquartered in Langley, British Columbia and serves customers in the USA and Canada.

The revenue cannot currently be calculated for Hardwoods Distribution.

The profit cannot currently be calculated for Hardwoods Distribution.

The P/E ratio cannot be calculated for Hardwoods Distribution at the moment.

The P/S cannot be calculated for Hardwoods Distribution currently.

The Eulerpool Quality Score for Hardwoods Distribution is 7/10.

The ISIN of Hardwoods Distribution is CA4124221074. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Hardwoods Distribution is A1JCX4. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Hardwoods Distribution is HDI.TO. The ticker symbol is used to trade Hardwoods Distribution shares on the stock exchange.

Over the past 12 months, Hardwoods Distribution paid a dividend of 0.40 CAD . This corresponds to a dividend yield of about 1.35 %. For the coming 12 months, Hardwoods Distribution is expected to pay a dividend of 0.48 CAD.

The current dividend yield of Hardwoods Distribution is 1.35 %.

Hardwoods Distribution pays a dividend, distributed in the months of , , , .

Hardwoods Distribution paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.48 CAD are expected. This corresponds to a dividend yield of 1.62 %.

Hardwoods Distribution is assigned to the 'Industry' sector.

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

The last dividend was paid out on .

In the year 2025, Hardwoods Distribution distributed 0.48 CAD as dividends.

The dividends of Hardwoods Distribution are distributed in CAD.

All fundamentals and in-depth analysis of Hardwoods Distribution

Our stock analysis for Hardwoods Distribution 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.