LABS : MediPharm Labs Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

MediPharm Labs Corp trades with the ticker LABS on the TSX and is in the Drug Manufacturers – Specialty & Generic industry.

Overview
MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products. It also provides GMP flower sourcing, packaging, and distribution services, as well as dried flower and pre-roll products. MediPharm Labs Corp. was founded in 2015 and is headquartered in Barrie, Canada.
 

Looking to invest in MediPharm Labs Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LABS.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $28.09MM

PE Ratio:

Price: 43.7 (Updated: 3/12/2024 0:47:16)



MediPharm Labs Corp (LABS) vs Competitors in Drug Manufacturers – Specialty & Generic

Lets see how LABS.TO stacks up against others in the Drug Manufacturers – Specialty & Generic asset management industry. We have identified its main peers as:

Aurora Cannabis Inc, Avicanna Inc, Bausch Health Companies Inc, Cardiol Therapeutics Inc, Cronos Group Inc

.

Drug Manufacturers – Specialty & Generic Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aurora Cannabis Inc (ACB) $222.521 N/A -0.115 N/A%
Avicanna Inc (AVCN) $43.759 N/A -4.217 N/A%
Bausch Health Companies Inc (BHC) $4,553.034 N/A 15.169 N/A%
Cardiol Therapeutics Inc (CRDL) $132.181 N/A -3.0 N/A%
Cronos Group Inc (CRON) $1,018.068 N/A 1.918 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Drug Manufacturers – Specialty & Generic

  • MediPharm Labs Corp (LABS) vs Aurora Cannabis Inc (ACB)
    • LABS has higher EPS (-0.05 vs -79.2). ACB and LABS both have P/E’s under 0.
  • MediPharm Labs Corp (LABS) vs Avicanna Inc (AVCN)
    • LABS has higher EPS (-0.05 vs -0.17). AVCN and LABS both have P/E’s under 0.
  • MediPharm Labs Corp (LABS) vs Bausch Health Companies Inc (BHC)
    • LABS has higher EPS (-0.05 vs -2.18). BHC and LABS both have P/E’s under 0.
  • MediPharm Labs Corp (LABS) vs Cardiol Therapeutics Inc (CRDL)
    • LABS has higher EPS (-0.05 vs -0.43). CRDL and LABS both have P/E’s under 0.
  • MediPharm Labs Corp (LABS) vs Cronos Group Inc (CRON)
    • LABS has higher EPS (-0.05 vs -0.24). CRON and LABS both have P/E’s under 0.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-1.36) than the industry average (0.33), indicating attractive valuation.
 

How to Buy LABS stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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