Added to YB: 2024-01-26
Pitch date: 2024-01-26
MED [neutral]
Medifast, Inc.
-78.27%
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 to address obesity and support a healthy life in the United States.
Market Cap
$139.5M
Pitch Price
$55.23
Price Target
110.16 (+791%)
Dividend
N/A
EV/EBITDA
-0.44
P/E
-21.05
EV/Sales
-0.02
Sector
Personal Care Products
Category
value
Medifast ($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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