Added to YB: 2025-08-15
Pitch date: 2025-08-13
OTX.SI [bullish]
Medinex Limited
+15.32%
current return
Author Info
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Company Info
Medinex Limited, an investment holding company, provides professional support services to medical clinics in Singapore.
Market Cap
SGD 30.4M
Pitch Price
SGD 0.22
Price Target
0.30 (+20%)
Dividend
7.30%
EV/EBITDA
7.89
P/E
10.95
EV/Sales
2.06
Sector
Health Care Providers and Services
Category
dividend
The Clinic COO You Don’t See - Medinex Limited
OTX.SI: One-stop provider of clinic admin & healthcare compliance services w/ 22% net margin, 7-8% dividend yield, trades at just 11x FY25 earnings. Post-divestment of loss-making clinics, core biz shows strong cash flow & ROE. Sticky client relationships & MOH compliance expertise create practical moat. ~30% upside to S$0.30 fair value.
Read full article (27 min)