Professional
Added to YB: 2024-08-22
Pitch date: 2024-08-21
DR.TO [bullish]
Medical Facilities Corporation
+35.22%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals in the United States.
Market Cap
N/A
Pitch Price
CAD 12.88
Price Target
18.00 (+3%)
Dividend
2.08%
EV/EBITDA
N/A
P/E
17.17
EV/Sales
0.81
Sector
Health Care Providers and Services
Category
turnaround
River Oaks Capital Portfolio Holding: Medical Facilities Corporation
DR.TO: Activist-led turnaround; 35%+ shares bought back since 2022. $25M+ FCF, 11% yield. Divested non-core assets, cut costs, debt-free. Next: Sell 2 hospitals for $70M+, tender offer for ~30% shares. 2 remaining high-margin hospitals (40% ROIC) eventual sale. $18+ CAD fair value vs $300M+ strategic value.
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