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Added to YB: 2024-09-11

Pitch date: 2024-08-30

FMS [bullish]

Fresenius Medical Care AG

+25.88%

current return

Author Info

No bio for this author

Company Info

Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Market Cap

EUR 13.2B

Pitch Price

EUR 18.75

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.50

P/E

18.72

EV/Sales

1.19

Sector

Health Care Providers and Services

Category

turnaround

Show full summary:
Broyhill Asset Management Portfolio Holding: Fresenius Medical Care AG

FMS: Global dialysis leader, weak Q due to high mortality & weather. New CEO Helen Giza needs time for turnaround. Investors overlook LT earnings potential as volumes normalize. Trading at <12x depressed earnings, asymmetric risk/reward for patient investors willing to endure ST volatility.

Read full article (1 min)