Professional
Added to YB: 2025-12-05
Pitch date: 2025-12-03
QIPT [neutral]
Quipt Home Medical Corp.
+5.57%
current return
Author Info
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Company Info
Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States.
Market Cap
CAD 103.7M
Pitch Price
CAD 3.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.00
P/E
-9.97
EV/Sales
0.78
Sector
Health Care Providers and Services
Category
growth
Pernas Research Passes On: Quipt Home Medical Corp.
QIPT (pass): DME provider at 4x EV/EBITDA but subscale with revenue down 4% YoY, losing customers to larger players. Mgmt rejected $3.10/share bid while issuing cheap stock to themselves. FCF down 20% YoY. Upcoming CMS changes favor large tech-enabled competitors, not QIPT.
Read full article (1 min)