Professional
Added to YB: 2024-08-22
Pitch date: 2024-08-21
DR.TO [bullish]
Medical Facilities Corporation
+22.87%
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 and ambulatory surgery center in the United States.
Market Cap
CAD 183.8M
Pitch Price
CAD 13.02
Price Target
18.00 (+13%)
Dividend
2.58%
EV/EBITDA
3.28
P/E
6.20
EV/Sales
0.69
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.
Read full article (3 min)