Professional
Added to YB: 2024-12-02
Pitch date: 2024-11-28
NWH-UN.TO [bullish]
Vital Infrastructure Property Trust
+25.59%
current return
Author Info
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Company Info
Vital Infrastructure Property Trust provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure.
Market Cap
CAD 1.4B
Pitch Price
CAD 4.51
Price Target
6.00 (+6%)
Dividend
6.35%
EV/EBITDA
10.27
P/E
-25.40
EV/Sales
6.50
Sector
Health Care REITs
Category
value
MWG Focus: Northwest Healthcare REIT
NWH-UN.TO: Global healthcare REIT with 96% occupancy, 99% rent collection. New CEO Mitchell cut distribution, sold $1.3B assets to deleverage. 2026E AFFO $0.50/unit, covering $0.36 distribution. Trading at 36% NAV discount vs peers' 10-20%. $6 PT (25% upside) at 6% yield. Risks: $125M convertible bond due Mar 2025, CEO transition.
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