TSX:JWEL

Stock Analysis Report

Jamieson Wellness

Executive Summary

Jamieson Wellness Inc. develops, manufactures, distributes, sells, and markets natural health products in Canada and internationally.

Snowflake

Fundamentals

Proven track record with reasonable growth potential.


Similar Companies

Share Price & News

How has Jamieson Wellness's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.08%

JWEL

1.9%

CA Personal Products

0.2%

CA Market


1 Year Return

0.8%

JWEL

-27.7%

CA Personal Products

2.4%

CA Market

Return vs Industry: JWEL exceeded the Canadian Personal Products industry which returned -27.7% over the past year.

Return vs Market: JWEL underperformed the Canadian Market which returned 2.4% over the past year.


Shareholder returns

JWELIndustryMarket
7 Day0.08%1.9%0.2%
30 Day4.2%-4.8%-3.3%
90 Day16.2%-19.8%-1.8%
1 Year2.6%0.8%-27.2%-27.7%6.0%2.4%
3 Yearn/a104.8%104.8%14.2%4.0%
5 Yearn/a79.6%61.6%27.2%8.6%

Price Volatility Vs. Market

How volatile is Jamieson Wellness's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jamieson Wellness undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JWEL (CA$24.33) is trading below our estimate of fair value (CA$5058.9)

Significantly Below Fair Value: JWEL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JWEL is poor value based on its PE Ratio (30.2x) compared to the Personal Products industry average (18.1x).

PE vs Market: JWEL is poor value based on its PE Ratio (30.2x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JWEL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JWEL is overvalued based on its PB Ratio (3.8x) compared to the CA Personal Products industry average (2.7x).


Next Steps

Future Growth

How is Jamieson Wellness forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

25.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JWEL's forecast earnings growth (25.7% per year) is above the savings rate (1.9%).

Earnings vs Market: JWEL's earnings (25.7% per year) are forecast to grow faster than the Canadian market (12.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JWEL's revenue (7.5% per year) is forecast to grow faster than the Canadian market (5.5% per year).

High Growth Revenue: JWEL's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JWEL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jamieson Wellness performed over the past 5 years?

69.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JWEL's earnings have grown significantly by 69.7% per year over the past 5 years.

Accelerating Growth: JWEL's earnings growth over the past year (565.7%) exceeds its 5-year average (69.7% per year).

Earnings vs Industry: JWEL earnings growth over the past year (565.7%) exceeded the Personal Products industry 29%.


Return on Equity

High ROE: JWEL's Return on Equity (12.5%) is considered low.


Return on Assets

ROA vs Industry: JWEL's Return on Assets is below or equal to the Personal Products industry average last year.


Return on Capital Employed

ROCE Improving: JWEL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Jamieson Wellness's financial position?


Financial Position Analysis

Short Term Liabilities: JWEL's short term assets (CA$166.8M) exceeds its short term liabilities (CA$86.0M)

Long Term Liabilities: JWEL's short term assets (166.8M) do not cover its long term liabilities (222.2M)


Debt to Equity History and Analysis

Debt Level: JWEL's debt to equity ratio (70.4%) is considered high

Reducing Debt: Insufficient data to determine if JWEL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: JWEL's debt is not well covered by operating cash flow (12.1%).

Interest Coverage: JWEL's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet

Inventory Level: JWEL has a high level of physical assets or inventory.

Debt Coverage by Assets: JWEL's debt is not covered by short term assets (assets are 1x debt).


Next Steps

Dividend

What is Jamieson Wellness's current dividend yield, its reliability and sustainability?

1.64%

Current Dividend Yield


Dividend Yield vs Market

company1.6%marketbottom25%2.0%markettop25%6.0%industryaverage1.5%forecastin3Years1.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: JWEL's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.01%).

High Dividend: JWEL's dividend (1.64%) is low compared to the top 25% of dividend payers in the Canadian market (5.96%).

Stable Dividend: Whilst dividend payments have been stable, JWEL has been paying a dividend for less than 10 years.

Growing Dividend: JWEL's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.9%), JWEL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Jamieson Wellness's salary, the management and board of directors tenure and is there insider trading?

5.3yrs

Average management tenure


CEO

Mark Hornick (51yo)

5.3yrs

Tenure

CA$2,623,049

Compensation

Mr. Mark Hornick has been the Chief Executive Officer of Jamieson Wellness Inc. since June 2014 and serves as its President. Mr. Hornick has been the Chief Executive Officer and President of Jamieson Labor ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Mark's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.3yrs

Average Tenure

51yo

Average Age

Experienced Management: JWEL's management team is seasoned and experienced (5.3 years average tenure).


Board Age and Tenure

2.1yrs

Average Tenure

52yo

Average Age

Experienced Board: JWEL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: JWEL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$1,224,53711 Sep 19
David Williams
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares50,000
Max PriceCA$24.70
BuyCA$15,71604 Mar 19
Angela Holtham
EntityIndividual
Shares800
Max PriceCA$19.71
BuyCA$296,25004 Mar 19
David Williams
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares15,000
Max PriceCA$19.75
SellCA$42,20017 Dec 18
Robert Chan
EntityIndividual
Shares2,000
Max PriceCA$21.10
BuyCA$25,51810 Dec 18
Michael Pilato
EntityIndividual
Role
Senior Key Executive
President of Specialty Brands Division
Shares1,150
Max PriceCA$22.19
BuyCA$426,79028 Nov 18
David Williams
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$21.39
BuyCA$39,16514 Nov 18
Robert Chan
EntityIndividual
Shares2,000
Max PriceCA$19.91
BuyCA$230,51814 Nov 18
Heather Allen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares12,000
Max PriceCA$19.55
BuyCA$9,71513 Nov 18
Angela Holtham
EntityIndividual
Shares500
Max PriceCA$19.43
BuyCA$730,44013 Nov 18
Christopher Snowden
EntityIndividual
Role
Chief Financial Officer
CFO & Corporate Secretary
Shares36,823
Max PriceCA$20.00
BuyCA$95,05613 Nov 18
Steven Spooner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceCA$19.09
BuyCA$19,02812 Nov 18
Catherine Potechin
EntityIndividual
Shares1,000
Max PriceCA$19.03

Ownership Breakdown


Management Team

  • Christopher Snowden

    CFO & Corporate Secretary

    • Tenure: 5.3yrs
    • Compensation: CA$1.27m
  • Regan Stewart

    Chief Operations & People Officer

    • Tenure: 0yrs
    • Compensation: CA$1.09m
  • Mark Hornick (51yo)

    President

    • Tenure: 5.3yrs
    • Compensation: CA$2.62m
  • Mike Pilato

    President of Specialty Brands Division

    • Tenure: 1yrs
    • Compensation: CA$887.89k
  • John Doherty (46yo)

    Chief Science & Innovation Officer

    • Tenure: 6.3yrs
    • Compensation: CA$1.09m
  • Don Bird (55yo)

    Executive Vice President of Global Retail Sales & Marketing

    • Tenure: 0yrs
    • Compensation: CA$1.21m
  • Paul Galbraith

    Vice President of Sales

    • Tenure: 0yrs
  • Ruth Winker

    Corporate Communications Director

    • Tenure: 0yrs

Board Members

  • Steve Spooner (61yo)

    Director

    • Tenure: 2yrs
    • Compensation: CA$105.00k
  • Dave Williams (77yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$165.00k
  • Jason Tafler (43yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: CA$105.00k
  • Louis Aronne (63yo)

    Director

    • Tenure: 5.5yrs
    • Compensation: CA$102.50k
  • Heather Allen (51yo)

    Director

    • Tenure: 2yrs
    • Compensation: CA$102.50k
  • Bruce Holub

    Member of the Scientific Advisory Board

    • Tenure: 0yrs
  • Shawn Talbott (52yo)

    Member of the Scientific Advisory Board

    • Tenure: 0yrs
  • Mark Hornick (51yo)

    President

    • Tenure: 5.3yrs
    • Compensation: CA$2.62m
  • Ragupathy Subramanyam

    Member of the Scientific Advisory Board

    • Tenure: 0yrs
  • Ralf Jaeger

    Member of the Scientific Advisory Board

    • Tenure: 0yrs

Company Information

Jamieson Wellness Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jamieson Wellness Inc.
  • Ticker: JWEL
  • Exchange: TSX
  • Founded: 1922
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: CA$946.731m
  • Shares outstanding: 38.91m
  • Website: https://investors.jamiesonwellness.com

Number of Employees


Location

  • Jamieson Wellness Inc.
  • 1 Adelaide Street East
  • Suite 2200
  • Toronto
  • Ontario
  • M5C 2V9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JWELTSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2017
2JWDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2017

Biography

Jamieson Wellness Inc. develops, manufactures, distributes, sells, and markets natural health products in Canada and internationally. The company operates in two segments, Jamieson Brands and Strategic Par ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:37
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.