Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

Comment by Torontojayon Oct 25, 2021 5:47am
85 Views
Post# 34043567

RE:RE:DCM vs SXP

RE:RE:DCM vs SXP

Capharnaum wrote: What you are calculating isn't an adjusted EBITDA, it's an ajusted cashflow measure.

Supremex sells goods while DCM is more of a marketing company. Different risk profiles.


Supremex and Data Communication are comparable companies. Both are in transition phase and are trying to replace "old" business with more profitable opportunities. Supremex is still mostly an envelope company with new business into specialty packaging while Data Communication is a print services company with digital marketing capabilities. Supremex has more interest bearing debt on its books while the operating cash flow before changes in working capital are very close. They have been compared to each other on the investor presentation provided by DCM management. I believe both companies to be deep value plays. 

Adjusted ebitda is a "proxy" for operating cash flow before changes in working capital. I've made amendments to this cash flow measure to be more in line with past ebitda measures prior to ifrs-16. 
 

<< Previous
Bullboard Posts
Next >>