TSE HDI

Hardwoods Distribution (TSE:HDI)

Affiliate Disclosure

Hardwoods Distribution Inc. is a world-class distributor of architectural building products operating under multiple brands across North America. They are uncompromising in their commitment to be the preferred choice for their valued customers, the best partner for their vendors, and a great place to work for their valued employees.

HDI employs over 3,000 dedicated employees and maintains a pronounced professional and entrepreneurial sales and services culture. They operate from 88 locations across North America with approximately 90% of their annual sales generated in the United States and 10% in Canada.

HDI sells decorative surfaces and composite panels, hardwood plywood, high-grade hardwood lumber, and other architectural building products to industrial manufacturing customers across North America. Core to their product philosophy is the protection of the environment.

They embody this by manufacturing or distributing only wood products made from legally harvested forests and meeting and or exceeding industry and government regulatory guidelines. They estimate that approximately half of the products they sell to industrial manufacturers end up in residential construction applications. Approximately 30% reside in the commercial/institutional construction sector, and the remainder in other markets.

Hardwoods Distribution is built around renewable and recyclable resources and are active in their efforts to minimize their environmental impact in addition to providing products that are recognized for contributions to sustainability. HDI works hard to reduce the environmental impact of their operations through waste prevention.

Both paper and aluminum recycling programs are standard practice, as is electronic invoicing, which reduces their requirement for paper and the use of fossil fuels in the delivery of those invoices. Their distribution centers seek only to purchase consumable paper products made from post-consumer, recycled, or Forestry Stewardship Council (FSC) fiber, and all cardboard cover sheets are made from 100% recycled cardboard.

They look for vendors whose products have been certifies through a third party. Global and local communities vastly benefit from well managed forests, and HDI understand that the decisions they make in how they conduct their business and where they source products, also implies a social and economic responsibility to the people and communities that live in those regions. For this reason, the company asks that their foreign manufacturers supply them a statement of compliance with all government regulations regarding fair wages and labor unions’ rights to collective bargaining, as well as contribute to the laborer’s social insurance benefit programs as enforced by their local governments.

Stock Chart & Metrics

  • Ticker: tse:hdi
  • Sector: Industrials
  • Industry: Industrial Distribution
  • Market Cap: 0.62B
  • Market Cap Group: Small Cap
  • P/E: 3.20
  • Dividend Yield: 1.93%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
FAST NASDAQ:FAST Fastenal Company 29.67 27.70 2.39 NO 1 9 52
GWW NYSE:GWW W.W. Grainger, Inc. 29.64 20.97 1.17 YES 1 9 52
TIH TSE:TIH Toromont Industries 8.43 21.27 1.52 YES 1 9 52
FTT TSE:FTT Finning Intl 5.05 10.92 2.87 YES 1 9 52
RUS TSE:RUS Russel Metals 1.85 4.50 5.13 NO 1 9 52
HDI TSE:HDI Hardwoods Distribution 0.62 3.20 1.93 YES 1 9 52

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

Hardwoods Distribution - FAQ

What is the stock ticker for Hardwoods Distribution?

The stock ticker for Hardwoods Distribution is TSE:hdi.

Is Hardwoods Distribution a good stock to buy?

You need to consider your investment strategy and how TSE:hdi can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 8/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Hardwoods Distribution a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 69 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.


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DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.