Q: Can you provide an updated fundamental analysis of this company. Technically it is performing very well recently. Valuation also seems to be very reasonable. I am thinking of taking a small position in my TFSA.
Thanks very much.
Thanks very much.
5i Research Answer:
We have additional comments posted today as well. HLF is indeed cheap at 8X earnings, with a 4.4% dividend. The balance sheet has improved, with debt now much lower vs cash flow than prior years. The last quarter was a 4% 'beat' on earnings. There has been some minor insider net buying in the past six months.