Seems like a company going through a bit of a transition phase. I actually had to double check the P/E ratio of -24. I thought it was a data error but it looks like the company booked a massive loss last year. It looks like they're booking a ton of write downs from some acquisitions they made though, so it was largely a paper loss, not actual cash loss. THat was realized when they overpaid for the deal.
Higher for longer rates in the States is an issue here. This could be a solid opportunity if rates decline and the housing market picks back up but until then I don't expect much momentum. It's been on a multi year slide, aligning well with when housing starting facing some difficulties in the US.
I do believe thiscoudl eventually be a buy. But, it needs a catalyst and I believe that catalyst is lower rates.