USNA  Usana Health Sciences Inc.

Exchange

NASDAQ

Sector

Consumer Durables

Industry

Specialty Chemicals

Market Cap.

1.46B

Vuru Grade

93.32/100

Current Price

$58.15
-1.10 (-1.86%)

Growth Price

$99.80
Undervalued by 71.62%

Stability Price

$171.51
Undervalued by 194.95%

Company Metrics

  • P/E 14.57
  • P/S 1.47
  • P/B 4.56
  • EPS 3.99
  • Cash ROIC 61.40%
  • Cash Ratio 1.09
  • Dividend 0 / 0%
  • Avg. Vol. 97,376.00
  • Shares 13.18M
  • Market Cap. 1.46B

Company Description

USANA Health Sciences, Inc. develops, manufactures, distributes, and sells nutritional and personal care products worldwide. It offers two product lines, USANA Nutritionals and Sense. The USANA Nutritionals product line consists of essentials, which include vitamin and mineral supplements that provide a foundation of nutrition for various age groups; optimizers that are targeted supplements suppor... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

Robbins Arroyo LLP: USANA Health Sciences, Inc. (USNA) Misled Shareholders ...
Yahoo Finance - Feb 17, 2017
Shareholder rights law firm Robbins Arroyo LLP announces that a class action complaint was filed against USANA Health Sciences, Inc. ("USANA") (USNA) in the U.S. District Court for the District of Utah. The complaint is brought on behalf of all ...
Johnson & Weaver, LLP Announces Investigations of Clovis Oncology, Inc., USANA ...
PR Newswire (press release) - 19 hours ago
SAN DIEGO, Feb. 18, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential claims against Clovis Oncology, Inc., USANA Health Sciences, Inc., Anthera Pharmaceuticals, Inc., and PixarBio Corporation, ...
Earnings Reaction History: USANA Health Sciences Inc., 100.0% Follow-Through ...
Nasdaq - Feb 7, 2017
USANA Health Sciences Inc. ( USNA ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of USANA Health ...
Yahoo Finance - Feb 15, 2017
To: All persons or entities who purchased or otherwise acquired securities of USANA Health Sciences, Inc. ("USANA") (USNA) between March 14, 2014 and February 7, 2017.
USANA Health Sciences Inc. (USNA) Moves Higher on Volume Spike for February 15 - Equities.com
INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit ... - Business Wire (press release)
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation ...
PR Newswire (press release) - Feb 8, 2017
NEW YORK, Feb. 8, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of USANA Health Sciences, Inc. ("USANA" or the "Company") (NYSE: USNA). Such investors are ...
USANA Health Sciences Inc. (USNA) Moves Lower on Volume Spike for February 13
Equities.com - Feb 13, 2017
USANA Health Sciences Inc. (USNA) traded on unusually high volume on Feb. 13, as the stock lost 1.57% to close at $56.25. On the day, USANA Health Sciences Inc. saw 144,226 shares trade hands on 1,817 trades. Considering that the stock averages only ...
Global Ltd Gull Sells 20000 Shares of USANA Health Sciences, Inc. (USNA) Stock - The Cerbat Gem
The USANA Health Sciences, Inc. (USNA) Price Target Lowered to $75.00 at ... - DailyQuint
Pawar Law Group Announces Investigation of Securities Claims Against USANA ...
Yahoo Finance - Feb 10, 2017
NEW YORK, NY / ACCESSWIRE / February 10, 2017 / The Pawar Law Group announces that it is investigating potential securities claims on behalf of shareholders of USANA Health Sciences. (or the "Company") (NASDAQ: USNA) resulting from allegations ...
USANA Health Sciences, Inc. (USNA) Price Target Cut to $75.00 - The Cerbat Gem
The USANA Health Sciences, Inc. (USNA) Issues Quarterly Earnings Results - DailyQuint
Pomerantz Law Firm Announces the Filing of a Class Action against USANA Health ...
ValueWalk - Feb 13, 2017
13, 2017 (GLOBE NEWSWIRE) - Pomerantz LLP announces that a class action lawsuit has been filed against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE:USNA) and certain of its officers. The class action, filed in United States District ...
USANA Health Sciences, Inc. (USNA) Major Shareholder Sells $1117400.00 in Stock - BNB Daily (blog)
EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action ... - Business Wire (press release)
USANA Health Sciences' (USNA) CEO David Wentz on Q3 2016 Results - Earnings ...
Seeking Alpha - Oct 26, 2016
Our call today is being broadcast live on the webcast and can be accessed directly from our website at www.usanahealthsciences.com. Shortly following the call, a replay will be available on our website. As a reminder, during the course of this call ...
SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of USANA Health ...
Yahoo Finance - Feb 9, 2017
USANA develops, makes and sells nutritional and personal care products primarily to decrease the threat of chronic degenerative disease.
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for USNA to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate USNA's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

$58.15 Current Price

$99.80 Growth Price (DCF)

Undervalued by 71.62%


Growth Rate Assumed by Market: -3.92%


Future Free Cash Flow Growth Rate: 15.0%


Discount Rate: 15.0%


Show Free Cash Flow numbers

$171.51 Stability Price (EPV)

Undervalued by 194.95%


Discount Rate: 15.0%

$7.73 NCA Price

Overvalued by 86.70%

$170.36 Book Price

Undervalued by 192.97%


Excellent Cash Return on Invested Capital over the past 5 years

USNA has efficiently invested its financial resources in buildings, projects, and equipment, resulting in strong returns. Annual Reports can be useful in identifying the cause of one-time events and future sustainability.

USNA has created $61.40 of cash for every $100 invested.
Figures in USD. Fiscal year ends in December
20112012201320142015
Free Cash Flow 59.47M 84.37M 90.84M 84.76M 87.74M
divided by
Invested Capital 134.45M 125.67M 126.61M 130.75M 148.62M
Cash ROIC 44.23% 67.14% 71.75% 64.83% 59.04%

Excellent Return on Equity over the past 5 years

Over the past 5 years, USNA has generated strong profits with money shareholders have invested. This is considered one of the best indicators of quality management. Beware of extremely high Return on Equity (> 50%) as this is often unsustainable.

USNA has generated $32.46 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in December
20112012201320142015
Net Income 50.75M 66.43M 79.02M 76.64M 94.67M
divided by
Stockholders' Equity 173.91M 185.57M 260.52M 230.16M 280.85M
Return on Equity 29.18% 35.80% 30.33% 33.30% 33.71%

Excellent Business Performance over the past 10 years

USNA has been able to maintain profitability in good times and bad. This could mean USNA has an extremely strong business or has the ability to scale down costs when needed. This should be a fairly resilient business, but double check for future sustainability by looking at its Risk Factors in the Annual Report.

USNA has created positive free cash flow for 9 or more of the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Free Cash Flow 49.48M 30.96M 29.90M 28.34M 61.92M 59.47M 84.37M 90.84M 84.76M 87.74M

Very Strong Balance Sheet

USNA has more Cash than its Total Liabilities, resulting in $0.06 Net Cash per share. In other words, if you buy USNA today, the price you're paying for shares is actually $58.09 because $0.06 of Cash is included in the current share price. This much Cash is very healthy. It can help USNA sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Cash 27.03M 12.87M 13.28M 13.66M 24.22M 50.35M 70.84M 145.99M 111.13M 143.21M
Current Assets 60.62M 45.99M 52.67M 51.93M 80.27M 106.06M 132.55M 229.05M 190.93M 244.26M
Total Assets 100.00M 109.13M 122.57M 123.44M 203.80M 244.50M 267.36M 368.47M 350.58M 423.24M
Current Liabilities 39.81M 40.19M 54.53M 40.48M 57.62M 59.70M 70.84M 95.87M 108.71M 131.41M
Total Liabilities 39.81M 70.49M 90.74M 49.07M 58.64M 70.59M 81.78M 107.95M 120.42M 142.39M
Stockholder' Equity 60.20M 38.64M 31.84M 74.37M 145.17M 173.91M 185.57M 260.52M 230.16M 280.85M
Current Ratio 1.52 1.14 0.97 1.28 1.39 1.78 1.87 2.39 1.76 1.86
TL-to-TA 0.40 0.65 0.74 0.40 0.29 0.29 0.31 0.29 0.34 0.34

Consistent Reinvestment of Profits over the past 10 years

USNA has consistently retained profits. This may put USNA in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, USNA can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Retained Earnings 44.25M 30.11M 24.11M 56.41M 90.21M 118.80M 134.80M 200.02M 166.41M 214.88M
Retained Earnings Growth - -31.96% -19.93% 134.00% 59.91% 31.70% 13.47% 48.39% -16.81% 29.13%

Competitive Industry over the past 10 years

USNA is likely operating in an industry with medium to low barriers to entry. This may mean that USNA doesn't have a characteristic that's hard to replicate, such as exclusive distribution, branding or the ability to keep costs low. If Gross Margins are at least satisfactory, it's likely that USNA invests heavily in R&D and Sales, General & Administrative expenses.

Only $9.52 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Net Income 41.27M 45.32M 29.95M 33.56M 45.65M 50.75M 66.43M 79.02M 76.64M 94.67M
divided by
Revenue 374.19M 423.15M 429.01M 436.94M 517.64M 581.94M 648.73M 718.18M 790.47M 918.50M
Net Profit Margin 11.03% 10.71% 6.98% 7.68% 8.82% 8.72% 10.24% 11.00% 9.69% 10.31%

Strong Pricing Power over the past 10 years

USNA has maintained substantial gross margins, suggesting that they have been able to set prices without consideration of the cost of goods sold. This potentially leaves flexibility in inflationary environments to raise prices on consumers and maintain profitability.

$82.48 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Gross Profit 284.65M 335.26M 340.13M 347.14M 422.16M 581.94M 532.92M 590.74M 649.68M 758.82M
divided by
Revenue 374.19M 423.15M 429.01M 436.94M 517.64M 581.94M 648.73M 718.18M 790.47M 918.50M
Gross Margin 76.07% 79.23% 79.28% 79.45% 81.55% 100.00% 82.15% 82.26% 82.19% 82.61%

Medium Capital Intensity over the past 10 years

USNA has used a reasonable amount of their financial resources to invest in facilities and equipment required to produce its goods and services. This isn't perfect, but it shouldn't be an area of concern unless this number is strongly trending upwards.

25.54% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Capital Expenditure 11.04M 26.26M 16.06M 4.13M 4.19M 10.64M 8.43M 8.05M 20.42M 23.73M
divided by
Net Income 41.27M 45.32M 29.95M 33.56M 45.65M 50.75M 66.43M 79.02M 76.64M 94.67M
Capital Expenditure Ratio 26.75% 57.96% 53.63% 12.30% 9.18% 20.97% 12.69% 10.19% 26.65% 25.06%

No Dividend History over the past 10 years

USNA has never distributed dividends or has recently suspended their dividend distribution.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Dividend Paid - - - - - - - - - -
divided by
Shares Outstanding 18.72M 17.21M 16.16M 15.43M 15.94M 15.57M 14.92M 14.20M 13.69M 13.18M
Dividend Paid Per Share - - - - - - - - - -
Price at Year End 51.66 36.96 33.96 32.22 43.50 30.37 31.60 78.15 103.31 129.29
Dividend Yield - - - - - - - - - -

Strong History of Stock Buybacks over the past 10 years

USNA has a strong history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Shares Outstanding 18.72M 17.21M 16.16M 15.43M 15.94M 15.57M 14.92M 14.20M 13.69M 13.18M
Stock Bought Back - 8.82% 6.45% 4.74% -3.20% 2.36% 4.36% 5.06% 3.76% 3.89%
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Discussion
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1
Posted by pbanik  (on August 20, 2014)
@Alexroi You will be probably interested in this article I found on Yahoo! Finance.

Lifshitz & Miller Law Firm Announces Investigation of Bally Technologies, Inc., NetSol Technologies, Inc., NeuStar, Inc., Trulia, Inc., URS Corporation, and USANA Health Sciences Inc.
http://finance.yahoo.com/news/lifshitz-miller-law-firm-announces-031600064.html

Here's the part of the article that deals with USNA.
USANA Health Sciences Inc.

Lifshitz & Miller announces an investigation into possible claims against the board of directors of USANA Health Sciences Inc. ("USNA"). On July 15, 2014, a Citron Research report stated that nearly one third of USANA's revenue and half of its revenue growth rest on widespread illegal multi-level marketing in China.

For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: info@jlclasslaw.com.

ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller. The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:

Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@jlclasslaw.com
0
Posted by Alexleroi  (on February 2, 2013)
Pyramid Scheme! Inflated product prices.