Supremex Inc T.SXP

Alternate Symbol(s): SUMXF

Forest Products Paper & Paper Products

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 in two reporting 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 folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.

TSX:SXP - Post by User

Supremex Inc > Seeking Alpha article

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Comment by HermannHalleron Mar 02, 2023 8:28am

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Post# 35314546

RE:Seeking Alpha article

Great article, thanks for writing.

Since you asked, a couple of things I would have mentioned:

current run-rate EBITDA is $70 million, so while you are correct it could be under some pressure this year, I think your estimates are very conservative
FCF, as management reports it, was understated in 2022 due to the unusual inventory build. FCF could be up in 2023 even if EBITDA dips.

I agree the dividend yield could easily be 10% if mgmt decided to raise the payout.

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