Professional
Added to YB: 2024-02-07
Pitch date: 2024-02-07
DR.TO [bullish]
Medical Facilities Corporation
+81.72%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and ambulatory surgery center in the United States.
Market Cap
CAD 183.8M
Pitch Price
CAD 8.80
Price Target
13.97 (-13%)
Dividend
2.58%
EV/EBITDA
3.28
P/E
6.20
EV/Sales
0.69
Sector
Health Care Providers and Services
Category
turnaround
River Oaks Capital new position - Medical Facilities ($DR.TO)
DR.TO: Surgical hospital co. selling at 6-8x FCF after divestitures & buybacks. Potential catalysts: 1) Sell all 4 hospitals for $250-300M+ 2) Sell AR & OK hospitals for $60M+ to fund buybacks 3) Sell to local buyers 4) Reinstate 12-15% div yield. Downside protected by quality assets.
Read full article (5 min)