This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet.
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/
Goodfellow Inc. www.goodfellowinc.com GDL Fiscal Yr: Aug 31
Year 8/31/00 8/31/01 8/31/02 8/31/03 8/31/04 8/31/05 8/31/06 8/31/07 8/31/08 8/31/09 8/31/10 8/31/11 8/30/12 8/30/13 #Y
Accting Rules C GAAP
Split 2
Revenue* $442.5 $453.4 $505.4 $524.8 $500.5 $517.8 $517.6 $518.5 $480.8 $438.0 $504.5 $466.8 2.97% <-Total Growth 10 Revenue
Increase 14.35% 2.45% 11.48% 3.84% -4.63% 3.46% -0.04% 0.18% -7.27% -8.91% 15.19% -7.47% <------ 0.29% <-IRR #YR-> 10 Revenue
Rev per Share $52.68 $54.03 $60.24 $62.48 $59.37 $60.36 $60.35 $60.49 $56.05 $51.09 $58.85 $54.46 -2.04% <-IRR #YR-> 5 Revenue
P/S (Price/Sales) 0.09 0.08 0.10 0.09 0.19 0.22 0.23 0.23 0.17 0.16 0.20 0.18 0.08% <-IRR #YR-> 10 Rev Per share
Averages P/S 10 yr  0.18 5 yr  0.18 -2.03% <-IRR #YR-> 5 Rev Per share
*Revenue in M CDN $ 
-$453.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $466.8
-$517.6 $0.0 $0.0 $0.0 $0.0 $466.8
-$54.03 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $54.46
-$60.35 $0.00 $0.00 $0.00 $0.00 $54.46
EPS* $0.67 $0.54 $0.88 $0.74 $1.72 $1.32 $1.53 $1.52 $0.83 $1.26 $1.48 $0.35 $1.00 <-guess -35.19% <-Total Growth 10 Earnings
Increase -14.10% -19.40% 62.96% -15.91% 132.43% -23.26% 15.91% -0.65% -45.39% 51.81% 17.46% -76.35% 185.71% -4.24% <-IRR #YR-> 10 Earnings
Earnings Yield 13.5% 12.2% 14.1% 13.1% 15.6% 10.1% 11.2% 10.8% 8.7% 15.1% 12.9% 3.6% 12.3% -25.55% <-IRR #YR-> 5 Earnings
* ESP per share (Cdn GAAP) E/P 10 Yrs 12.05% 5Yrs 10.84%
-$0.54 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.35
-$1.53 $0.00 $0.00 $0.00 $0.00 $0.35
Special $0.00 $0.00 $0.00 $0.20 $0.00 $0.00 $0.00 $0.30 $0.00 $0.00 $0.00
Div* $0.18 $0.15 $0.20 $0.18 $0.34 $0.53 $0.60 $0.70 $0.50 $0.45 $0.60 $0.40 $0.20 $0.20 17.65% <-Total Growth 7 Dividends
Increase 28.57% -16.67% 33.33% -10.00% 88.89% 54.41% 14.29% 16.67% -28.57% -10.00% 33.33% -33.33% -50.00% 0.00% 15.48% <-Median-> 10 Dividends
Yield H/L Pr. 3.36% 3.20% 3.74% 3.28% 4.06% 4.05% 4.83% 4.09% 5.38% 5.70% 6.03% 3.74% 4.08% <-Median-> 10 Dividends
Yield on High  Pr. 3.00% 2.92% 3.05% 2.95% 3.09% 3.38% 4.29% 3.24% 3.28% 4.59% 5.05% 3.13% 3.26% <-Median-> 10 Dividends
Yield on Low Pr. 3.83% 3.53% 4.82% 3.69% 5.93% 5.06% 5.54% 5.54% 14.93% 7.51% 7.50% 4.65% 5.54% <-Median-> 10 Dividends
Yield on Cl Pr. 3.62% 3.39% 3.21% 3.20% 3.09% 4.00% 4.40% 4.99% 5.24% 5.39% 5.22% 4.06% 2.45% 2.45% 4.23% <-Median-> 10 Dividends
Payout Ratio 26.9% 27.8% 22.7% 24.3% 19.8% 39.8% 52.3% 46.1% 60.2% 35.7% 60.8% 114.3% 20.0% 42.91% <-Median-> 10 DPR EPS
Payout Ratio CF 191.4% 18.6% -21.1% 12.8% 53.1% 28.7% 41.8% 64.7% 21.0% 17.3% -68.3% 88.3% 24.86% <-Median-> 10 DPR CF
Payout Ratio CF NC 20.3% 20.4% 18.5% 20.7% 17.7% 33.6% 45.6% 39.3% 50.8% 40.4% 56.1% 73.0% 39.87% <-Median-> 10 DPR CF NC
Median 5 Yrs Div Yd 2.84% 5 3.29% 10 Yield  5.38% 5.22% Payout 60.24% 21.03% 10.31% <-IRR #YR-> 10 Dividends
* Dividends per share  3.0% Years 3.0% Years Last Div Inc ---> $0.30 $0.10 -66.7% -7.79% <-IRR #YR-> 5 Dividends
-$0.15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.40
-$0.60 $0.00 $0.00 $0.00 $0.00 $0.40
Lost To date -34.03%
I am earning Trading $12.37 2010 1.62%
H/LYield held 5 yrs 3.83% 7.88% 9.81% 12.79% 13.08% 9.11% 5.38% 4.63% 3.22% 1.17% 2.15% 7.88% <-Median-> 9 Dividends
H/LYield held 10 yrs 10.63% 10.43% 11.21% 8.53% 3.74% 3.64% 10.53% <-Median-> 4 Dividends
H/LYield held 15 yrs 4.25% #NUM! <-Median-> 0 Dividends
Graham No. $9.86 $9.13 $12.23 $11.63 $19.18 $17.38 $19.43 $20.06 $15.01 $19.17 $21.24 $10.31 $17.42 #VALUE! 12.84% <-Total Growth 10 Graham Price
Prem /Disc.Med H/L -45.74% -48.66% -56.24% -52.77% -56.38% -25.38% -36.09% -14.68% -38.04% -58.82% -53.17% 3.66% -45.41% <-Median-> 10 Graham Price
Prem /Disc. High -39.15% -43.84% -46.42% -47.53% -42.64% -10.51% -27.93% 7.68% 1.60% -48.89% -44.01% 23.88% -35.29% <-Median-> 10 Graham Price
Prem /Disc. Low -52.33% -53.47% -66.05% -58.02% -70.12% -40.26% -44.25% -37.04% -77.68% -68.76% -62.33% -16.57% -60.18% <-Median-> 10 Graham Price
Prem /Disc. Cl -49.59% -51.50% -49.04% -51.57% -42.64% -24.43% -29.84% -30.11% -36.44% -56.45% -45.85% -4.44% -53.17% #VALUE! -39.54% <-Median-> 10 Graham Price
Price Cl $4.97 $4.43 $6.23 $5.63 $11.00 $13.13 $13.63 $14.02 $9.54 $8.35 $11.50 $9.85 $8.16 $8.16 122.35% <-Total Growth 10 Stock Price
Increase -11.72% -10.87% 40.63% -9.63% 95.38% 19.36% 3.81% 2.86% -31.95% -12.47% 37.72% -14.35% -17.16% 0.00% 8.32% <-IRR #YR-> 10 Stock Price
P/E 7.42 8.20 7.08 7.61 6.40 9.95 8.91 9.22 11.49 6.63 7.77 28.14 8.16 #VALUE! -6.29% <-IRR #YR-> 5 Stock Price
Trailing P/E 6.37 6.61 11.54 6.40 14.86 7.63 10.33 9.16 6.28 10.06 9.13 6.66 23.31 8.16 15.75% <-IRR #YR-> 10 Price & Div + Sp
Median 10, 5 Yrs 7.43% 4.91% Div %  Ret. Price Inc -12.47% P/E:  8.34 9.22 -1.38% <-IRR #YR-> 5 Price & Div + Sp
-$4.43 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.85
-$13.63 $0.00 $0.00 $0.00 $0.00 $9.85
-$4.43 $0.20 $0.18 $0.34 $0.53 $0.80 $0.70 $0.50 $0.45 $0.90 $10.25
-$13.63 $0.70 $0.50 $0.45 $0.90 $10.25
Price H/L Median $5.35 $4.69 $5.35 $5.49 $8.37 $12.97 $12.42 $17.12 $9.30 $7.90 $9.95 $10.69 127.83% <-Total Growth 10 Stock Price
Increase 23.99% -12.34% 14.07% 2.62% 52.37% 54.99% -4.24% 37.86% -45.66% -15.11% 25.97% 7.44% 8.58% <-IRR #YR-> 10 Stock Price
P/E 7.99 8.69 6.08 7.42 4.86 9.82 8.11 11.26 11.20 6.27 6.72 30.53 -2.96% <-IRR #YR-> 5 Stock Price
Trailing P/E 6.86 7.00 9.91 6.24 11.30 7.54 9.41 11.19 6.12 9.51 7.89 7.22 15.54% <-IRR #YR-> 10 Price & Div + Sp
Median 10, 5 Yrs 6.96% 5.04% Div %  Ret. Price Inc 7.44% P/E:  7.77 11.20 2.09% <-IRR #YR-> 5 Price & Div + Sp
-$4.69 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.69
-$12.42 $0.00 $0.00 $0.00 $0.00 $10.69
-$4.69 $0.20 $0.18 $0.34 $0.53 $0.80 $0.70 $0.50 $0.45 $0.90 $11.09
-$12.42 $0.70 $0.50 $0.45 $0.90 $11.09
Hi Mths Jan' 00 Oct 00 Jul 02 Nov 02 Aug 04 Jun 05 Jun 06 Jan 07 Nov 07 Sep 08 Apr 10 Dec 11
Price Hi $6.00 $5.13 $6.55 $6.10 $11.00 $15.55 $14.00 $21.60 $15.25 $9.80 $11.89 $12.77 148.93% <-Total Growth 10 Stock Price
Increase 6.57% -14.50% 27.68% -6.87% 80.33% 41.36% -9.97% 54.29% -29.40% -35.74% 21.33% 7.40% 9.55% <-IRR #YR-> 10 Stock Price
P/E 8.96 9.50 7.44 8.24 6.40 11.78 9.15 14.21 18.37 7.78 8.03 36.49 -1.82% <-IRR #YR-> 5 Stock Price
Trailing P/E 7.69 7.66 12.13 6.93 14.86 9.04 10.61 14.12 10.03 11.81 9.44 8.63
Median 10, 5 Yrs Price Inc 7.40% P/E:  8.70 14.21
-$5.13 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $12.77
-$14.00 $0.00 $0.00 $0.00 $0.00 $12.77
Low Mths Aug 00 Oct 00 Oct 01 Jun 03 Sep 03 Sep 04 Nov 05 Sep 06 Jul 08 Mar 09 Sep 09 Aug 11
Price Low $4.70 $4.25 $4.15 $4.88 $5.73 $10.38 $10.83 $12.63 $3.35 $5.99 $8.00 $8.60 102.35% <-Total Growth 10 Stock Price
Increase 56.67% -9.57% -2.35% 17.59% 17.42% 81.15% 4.34% 16.62% -73.48% 78.81% 33.56% 7.50% 7.30% <-IRR #YR-> 10 Stock Price
P/E 7.01 7.87 4.72 6.59 3.33 7.86 7.08 8.31 4.04 4.75 5.41 24.57 -4.51% <-IRR #YR-> 5 Stock Price
Trailing P/E 6.03 6.34 7.69 5.55 7.74 6.03 8.20 8.25 2.20 7.22 6.35 5.81
Median 10, 5 Yrs Price Inc 16.62% P/E:  6.00 5.41
-$4.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.60
Market Cap $52 $47 $93 $113 $117 $120 $82 $72 $99 $84 $70
# of Sh in M 8.400 8.390 8.390 8.400 8.430 8.578 8.576 8.572 8.578 8.572 8.572 8.572 8.572 Shares
Increase 0.84% -0.12% 0.00% 0.12% 0.36% 1.76% -0.02% -0.05% 0.07% -0.07% 0.00% 0.00% 0.00% 0.00% <-Median-> 10 Shares
CF fr Op $M $0.8 $6.8 -$8.0 $11.8 $5.4 $15.7 $16.4 $9.3 $20.4 $22.4 -$11.3 $3.9 -27.99% <-Total Growth 7 Cash Flow
OPS $0.09 $0.81 -$0.95 $1.41 $0.64 $1.83 $1.92 $1.08 $2.38 $2.61 -$1.32 $0.45 -29.18% <-Total Growth 7 Cash Flow
Increase -54.61% 185.94% 4.69% -43.49% 119.57% 9.74% -151% -134.40% -19.40% <-Median-> 8 Cash Flow
non-cash $M $6.66 -$0.60 $17.04 -$4.53 $10.78 -$2.29 -$1.40 $5.98 -$11.94 -$12.82 $25.05 $0.81 -5.59% <-IRR #YR-> 10 Cash Flow
OPS Less Non-Cash $0.89 $0.73 $1.08 $0.87 $1.92 $1.56 $1.75 $1.78 $0.99 $1.11 $1.60 $0.55 -25.05% <-IRR #YR-> 5 Cash Flow
Increase -6.48% -17.22% 47.40% -19.55% 120.37% -18.54% 12.13% 1.58% -44.66% 13.04% 44.09% -65.85% -2.88% <-IRR #YR-> 10 CF - non-cash
P/OCF on Close 5.60 6.03 5.76 6.47 5.73 8.40 7.78 7.88 9.68 7.50 7.17 17.98 -20.75% <-IRR #YR-> 5 CF - non-cash
*Operational Cash Flow per share P/CF 10 yr 7.64 5 yr  7.88
-$0.81 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.45
-$1.92 $0.00 $0.00 $0.00 $0.00 $0.45
-$0.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.55
-$1.75 $0.00 $0.00 $0.00 $0.00 $0.55
OPM 0.18% 1.49% -1.58% 2.26% 1.08% 3.03% 3.17% 1.79% 4.24% 5.11% -2.24% 0.83% should be zero, it is a check on calculations
Diff from Ave -91.2% -26.3% -177.8% 11.5% -46.7% 49.8% 56.9% -11.5% 109.6% 152.3% -210.6% -58.9% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 2.02% 5 Yrs 1.79%
Curr Assets $110.45 $105.56 $129.06 $123.58 $140.08 $137.14 $133.51 $141.11 $126.69 $113.84 $146.75 $135.62 Liq ratio of 1.5 and up, best Assets
Curr Liab. $75.64 $68.78 $86.98 $79.59 $85.61 $75.86 $36.75 $36.69 $51.41 $35.08 $64.61 $54.53 2.37 <-Median-> 10 Liabilities
Liquidity 1.46 1.53 1.48 1.55 1.64 1.81 3.63 3.85 2.46 3.25 2.27 2.49 2.49 <-Median-> 5 Ratio
Assets $136.64 $132.22 $155.74 $150.48 $168.09 $165.24 $161.77 $170.77 $156.39 $148.91 $183.80 $173.16 A/L ratio of 1.5 and up, best Assets
Liability $82.47 $74.60 $92.41 $82.30 $87.97 $78.04 $67.76 $69.91 $52.91 $37.76 $67.70 $57.51 2.42 <-Median-> 10 Liabilities
Liquidity 1.66 1.77 1.69 1.83 1.91 2.12 2.39 2.44 2.96 3.94 2.71 3.01 2.96 <-Median-> 5 Ratio
Book Value $54.17 $57.62 $63.33 $68.18 $80.12 $87.20 $94.01 $100.86 $103.48 $111.15 $116.10 $115.66 44.35% <-Total Growth 7 Book Value
BV per share $6.45 $6.87 $7.55 $8.12 $9.50 $10.17 $10.96 $11.77 $12.06 $12.97 $13.54 $13.49 $13.49 $13.49 41.97% <-Total Growth 7 Book Value
Change 7.87% 6.50% 9.91% 7.53% 17.09% 6.96% 7.84% 7.34% 2.53% 7.49% 4.46% -0.38% 0.6422 Current/Historical Book Value
P/BV (CL) 0.77 0.65 0.83 0.69 1.16 1.29 1.24 1.19 0.79 0.64 0.85 0.73 0.60 0.60 6.99% <-IRR #YR-> 10 Book Value
Change -18.16% -16.30% 27.95% -15.96% 66.86% 11.60% -3.74% -4.17% -33.63% -18.57% 31.85% -14.02% 4.24% <-IRR #YR-> 5 Book Value
Leverage (A/BK) 2.52 2.29 2.46 2.21 2.10 1.89 1.72 1.69 1.51 1.34 1.58 1.50 1.71 <-Median-> 10 A/BV
Debt/Equity Ratio 152.24% 1.29 1.46 1.21 1.10 0.89 0.72 0.69 0.51 0.34 0.58 0.50 0.71 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 Yrs 0.94 5 Yrs 0.84
-$6.87 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $13.49
-$10.96 $0.00 $0.00 $0.00 $0.00 $13.49
ROE 12.9% 6.9% 9.8% 10.9% 2.6% 9.75% <-Median-> 5 Compreh. Inc
Comprehensive Inc $13.05 $7.12 $10.84 $12.66 $2.98 Compreh. Inc
ROE 10.6% 8.1% 11.7% 9.2% 18.3% 12.9% 13.9% 12.9% 6.9% 9.8% 10.9% 2.6% Net Income/Shareholders' equity
5Yr Median 10.6% 10.6% 11.7% 12.9% 12.9% 12.9% 12.9% 10.9% 9.8%
Net Income $5.73 $4.65 $7.38 $6.28 $14.64 $11.23 $13.06 $13.05 $7.12 $10.84 $12.66 $2.98 -35.87% <-Total Growth 10 Net Income
Oper C. F. $0.79 $6.76 -$7.96 $11.84 $5.40 $15.70 $16.43 $9.28 $20.39 $22.36 -$11.29 $3.89 C F Statement  Oper C. F.
Invest. C. F -$8.62 $3.57 -$1.88 -$1.24 -$2.99 -$2.20 -$2.11 -$4.14 -$1.55 -$2.66 -$2.73 -$2.28 C F Statement  Invest. C. F
Total Accruals $13.56 -$5.68 $17.22 -$4.32 $12.23 -$2.26 -$1.26 $7.91 -$11.72 -$8.86 $26.69 $1.38 Accruals
Total Assets $136.64 $132.22 $155.74 $150.48 $168.09 $165.24 $161.77 $170.77 $156.39 $148.91 $183.80 $173.16 Balance Sheet Assets
Accruals Ratio 9.92% -4.30% 11.06% -2.87% 7.28% -1.37% -0.78% 4.63% -7.49% -5.95% 14.52% 0.80% Ratio
up/down/neutral Need free cash flow (cash from operations, with depreciation and amortization added back and capital spending subtracted) to amply cover the payouts.
Chge in Close -11.72% -10.87% 40.63% -9.63% 95.38% 19.36% 3.81% 2.86% -31.95% -12.47% 37.72% -14.35%
Any Predictions?
Fin. C. F $6.29 -$4.71 $10.99 -$11.76 -$7.56 -$8.54 -$18.38 -$6.10 -$17.46 -$21.66 $15.29 -$7.43 C F Statement  Fin. C. F
Total Accruals $7.27 -$0.97 $6.23 $7.44 $19.79 $6.28 $17.12 $14.01 $5.74 $12.80 $11.40 $8.81 Accruals
Accruals Ratio 5.32% -0.73% 4.00% 4.94% 11.78% 3.80% 10.58% 8.20% 3.67% 8.60% 6.20% 5.08% Ratio
Notes
Dec 28, 2010.  I cannot find any estimates this time around.  1st quarter of 2011 however, is weaker than last year.
Nov 21, 2010.  When I last looked at this stock, I got 2010 earnings of $.87.
This company does not have financials on its site, but it does put its financial statements in their news items on their financial results. 
Why I purchased this stock.
Goodfellow looks like a good small cap stock.  It is being pushed by Investor Reporter.
How they make their money.
Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products. The company serves customers throughout Canada, 
the United States and abroad including the UK and China and the Middle East. H.Q is Delson, Quebec,  just outside Montreal.
It is about 60% owned by insiders.
Shares O/S % owned Amt Owned
Douglas Goodfellow 1.67 8.57 19.53% $13,657,376
Charles Richard Goodfellow 0.60 8.57 6.99% $4,891,855
David Alan Goodfellow 1.76 8.57 20.48% $14,321,355
Stephen Arnold Jarislowsky 1.07 8.57 12.44% $8,702,624
59.44%
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
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