Why is Medicure, Inc. ?
1
Poor Management Efficiency with a low ROE of 0.78%
- The company has been able to generate a Return on Equity (avg) of 0.78% signifying low profitability per unit of shareholders funds
2
Flat results in Mar 26
- INTEREST(9M) At CAD 0.02 MM has Grown at inf%
- NET PROFIT(HY) At CAD -4.63 MM has Grown at -271.05%
- OPERATING CASH FLOW(Y) Lowest at CAD -3.04 MM
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -3.60%, its profits have fallen by -87.1%
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -3.60% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Medicure, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Medicure, Inc.
149.09%
-0.58
102.26%
S&P/TSX 60
20.36%
2.23
12.57%
Quality key factors
Factor
Value
Sales Growth (5y)
18.26%
EBIT Growth (5y)
0.50%
EBIT to Interest (avg)
-2.16
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.34
Sales to Capital Employed (avg)
1.36
Tax Ratio
2.70%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
1.01%
ROE (avg)
0.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.05
EV to EBIT
-1.86
EV to EBITDA
-3.10
EV to Capital Employed
1.06
EV to Sales
0.39
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-56.99%
ROE (Latest)
-53.75%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
4What is working for the Company
NET PROFIT(HY)
Higher at CAD -1.83 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 6.54 times
-15What is not working for the Company
NET PROFIT(9M)
At CAD -6.05 MM has Grown at -197.84%
INTEREST(9M)
At CAD 0.03 MM has Grown at inf%
OPERATING CASH FLOW(Y)
Lowest at CAD -1.92 MM
ROCE(HY)
Lowest at -49.88%
RAW MATERIAL COST(Y)
Grown by 16.73% (YoY
CASH AND EQV(HY)
Lowest at CAD 3.37 MM
DEBT-EQUITY RATIO
(HY)
Highest at -9.82 %
Here's what is working for Medicure, Inc.
Net Profit
Higher at CAD -1.83 MM
than preceding 12 month period ended Jun 2026MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (CAD MM)
Debtors Turnover Ratio
Highest at 6.54 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Medicure, Inc.
Interest
At CAD 0.03 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CAD MM)
Operating Cash Flow
Lowest at CAD -1.92 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CAD MM)
Cash and Eqv
Lowest at CAD 3.37 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -9.82 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Raw Material Cost
Grown by 16.73% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
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