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Jushi Holdings (JUSHF) Fair Value & Analysis

Healthcare · US · Market cap $95.9M

JH Jushi Holdings logo Jushi Holdings JUSHF · US
Price$0.4223
Fair Value$1.27
Upside+200.0%
Quality38/100
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Mixed Growth
Loss-making · -26.9% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (5/10)
Narrow moat 20/100
Evidence: Medium Range $0.7458 – $1.80 Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated today

Fair value updated Aug 13, 2026, revised from $1.41 to $1.27 (−10.1%) since Jul 25, 2026. Share price −9.2% over the past month.

Below-average quality, screening 200% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case ($0.7458). The market is more pessimistic than our downside scenario.
  • A fairly wide model range ($0.7458 to $1.80) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$6.86 $0.2510 Fair Value $1.27 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $0.2510 – $6.86 · fair‑value band $0.7458 – $1.80 · the $0.4223 price screens below the $1.27 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Jushi Holdings (JUSHF) currently trades at $0.4223, while our model-based Fair Value estimate is $1.27, implying the stock looks roughly 200.0% undervalued today. The Quality Score stands at 38/100 (below-average quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Jushi Holdings generated revenue of $265M at a net margin of -26.9%. Revenue grew 4.1% year over year. Net debt stands at $182M. Fundamentals as of Aug 13, 2026

Our scenario range runs from $0.7458 (bear case) to $1.80 (bull case); at $0.4223, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 57% below its 52-week high and 57% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at 200%, JUSHF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA $0.8700 $1.45 $2.03 54
5Y EBITDA Exit $0.2600 $1.41 $3.67 41
10Y EBITDA Exit $1.21 $3.75 37
All 3 models by family
DCF Models
5Y EBITDA Exit $0.2600 $1.41 $3.67 41
10Y EBITDA Exit $1.21 $3.75 37
Multiples
EV/EBITDA $0.8700 $1.45 $2.03 54

Widest divergence: Multiples ($1.45) versus DCF Models ($1.21). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) $265M
Revenue growth (YoY) +4.1%
Net margin -26.9%
Return on equity -3,188%
Free cash flow $433K FY2025
Operating margin 2.4%
More key figures
EPS (TTM) $-0.3600
Net debt $182M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 35 · Market factors (momentum, volatility) 18

Profitability 23
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 5
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Jushi Holdings Inc. engages in the retail, distribution, cultivation, and processing of cannabis for medical and adult-use markets in the United States.

Full company description

Jushi Holdings Inc. engages in the retail, distribution, cultivation, and processing of cannabis for medical and adult-use markets in the United States. The company offers flower, vapes, concentrates, infused chews and chocolates, tinctures, capsules, softgels, topicals and RSO, pre-rolls, and infused chocolate bites under the Hijinks, The Bank, The Lab, Tasteology, Uncommon Kind, Nira + Medicinals, Sèche, Shayo, and Carm's Delight Bites brands. It also engages in the sale of bulk raw materials to duly licensed third parties for use in its own finished products. In addition, the company operates medical cannabis dispensaries under the Beyond Hello, Nature's Remedy, and NuLeaf brands. It serves small local dispensaries and large multi-state operators. Jushi Holdings Inc. was founded in 2018 and is headquartered in Boca Raton, Florida.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jushi Holdings reported revenue of $263M in FY2025 versus $209M in FY2021, a compound +5.9%/yr. Reported net income was −$68.6M in FY2025.

Growth Quality 50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$263M
Latest YoY
+2.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.6%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+71.8%
Revenue +5.9%/yr
FY21 $209M
FY22 $284M
FY23 $269M
FY24 $258M
FY25 $263M
Net income
FY21 $24.1M
FY22 −$202M
FY23 −$65.1M
FY24 −$48.8M
FY25 −$68.6M

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Cite: Fair Value Calculator (2026). "Jushi Holdings Fair Value". https://www.fairvalue-calculator.com/stock/JUSHF

Peer Group

Drug Manufacturers - Specialty & Generic · 624 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 38 · Bottom 25%
Fair Value upside +200% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) -27% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth 4% · Above median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/S (TTM) 0.36× · Cheaper than 75% of peers
P/FCF 221.4× · Pricier than 75% of peers
EV/EBITDA 6.9× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 6
FUTURE 21 · sector 21
PAST 0 · sector 25
HEALTH 100 · sector 97
DIVIDEND 0 · sector 34

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.76 ¥25.94 -52%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,944 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹8,500 ₹1,932 -77%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,915 ₹1,163 -76%
PharmaEssentia Corporation 6446 1,440 TWD 233.93 TWD -84%
Cipla Limited CIPLA ₹1,463 ₹1,001 -32%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,167 ₹703.32 -40%
Lupin Limited LUPIN ₹2,281 ₹2,477 +9%
Mankind Pharma Limited MANKIND ₹2,433 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,200 ₹874.79 -27%

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Frequently asked questions

Is Jushi Holdings (JUSHF) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $1.27 versus a price of $0.4223, about +200% (undervalued).
What is the fair value of JUSHF?
Our model-based fair value for Jushi Holdings is $1.27 (as of Aug 13, 2026), built from audited fundamentals. The current price is $0.4223.
What is the quality score of JUSHF?
Jushi Holdings has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Jushi Holdings (JUSHF)?
Jushi Holdings reported trailing-twelve-month revenue of about $265M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of JUSHF?
The net profit margin of Jushi Holdings is about -26.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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