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Jamieson Wellness Inc T.JWEL

Alternate Symbol(s):  JWLLF

Jamieson Wellness Inc. is a Canada-based company engaged in the manufacturing, development, distribution, sales and marketing of branded and customer branded health products for humans, including vitamins, herbal and mineral nutritional supplements. Its Jamieson brand is available in more than 50 countries globally. It offers a variety of vitamins, minerals and supplements (VMS) products to consumers with its youtheory, Progressive, Smart Solutions, Iron Vegan and Precision brands. Its product portfolio is specifically curated to help maintain overall health with daily multivitamins for all age groups, letter vitamins, digestive, heart health and immune support formulas. It offers a variety of products to support women’s hormone health and beauty from within, and proteins and other sports nutrition products. It provides vitamins through gummies, chewable tablets, powders, sprays and more. Its manufacturing facilities are in Windsor, Ontario, Toronto, Ontario and Irvine, California.


TSX:JWEL - Post by User

Post by naissance17on Aug 23, 2023 5:13am
242 Views
Post# 35601230

Jamieson : top pick ...why ?

Jamieson : top pick ...why ?Jamieson is guiding for strong growth this year: $700 million in sales, $140 million in EBITDA, and over $1.60 in EPS. The stock used to be very expensive, but the valuation has come down significantly to around 11X 2023 EBITDA and 18x 2023 earnings, providing a great entry point in this unique high-quality growth company. Publicly listed comparable VNS companies trade at much higher multiples, and Blackmores, a similar sized but less profitable company in Australia, was recently acquired for 23X LTM EBITDA which would value Jamieson at around $60 per share, double what it trades at.
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