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Added to YB: 2024-01-26

Pitch date: 2024-01-26

MED [neutral]

Medifast, Inc.

-80.16%

current return

Author Info

No bio for this author

Company Info

Medifast, Inc., through its subsidiaries, operates as a health and wellness company that provides habit-based and coach-guided lifestyle solutions for weight loss in the United States.

Market Cap

$112.4M

Pitch Price

$55.23

Price Target

110.16 (+905%)

Dividend

N/A

EV/EBITDA

-39.87

P/E

-6.02

EV/Sales

-0.12

Sector

Personal Care Products

Category

value

Show full summary:
Medifast ($MED) - A superior business at a very low P/E

$MED: Superior biz at low 5x TTM P/E, 20+% 10y ROA. Earnings down in wt-loss cycle but too cheap at 8x pre-COVID, 4x '22. Paused div for growth; history of buybacks, 30% ROA. $22M NI last Q, 60-90M+ NI potential. 200M NTA at 600M cap. Fair value: $1.2B. Watching.

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