Added to YB: 2026-01-29
Pitch date: 2026-01-27
RYM.NZ [neutral]
Ryman Healthcare Limited
-13.19%
current return
Author Info
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Company Info
Ryman Healthcare Limited develops, owns, and operates integrated retirement villages, rest homes, and hospitals for the older people in New Zealand and Australia.
Market Cap
NZD 3.0B
Pitch Price
NZD 2.88
Price Target
6.65 (+166%)
Dividend
N/A
EV/EBITDA
107.22
P/E
-4.51
EV/Sales
5.75
Sector
Health Care Providers and Services
Category
turnaround
DV Capital | Ryman Healthcare | Down 80% with 100%+ Upside
RYM.NZ (pass): NZ retirement village operator w/ 84% NZ, 16% AU exposure. Massive equity raise (340M shares, +50% dilution) stabilized balance sheet, cut NZ$900M debt. New turnaround CEO cutting NZ$100-150M costs. 75+ population growing 40% 2024-33, supply constrained. Model: 23% CAGR upside by 2029 but doesn't clear hurdle rate.
Read full article (16 min)