Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
DR.TO [bullish]
Medical Facilities Corporation
-1.54%
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 16.25
Price Target
22.40 (+40%)
Dividend
2.58%
EV/EBITDA
3.28
P/E
6.20
EV/Sales
0.69
Sector
Health Care Providers and Services
Category
value
River Oaks Capital Portfolio Holding: Medical Facilities Corporation
DR.TO: Majority owner of 3 surgical hospitals & 1 center. Turnaround plan executed: divested Black Hills for $194M, $80M tender offer. 50% share buyback by 2025. Scarcity value in surgical hospitals due to 2010 law. Sioux Falls, Arkansas, Oklahoma assets worth ~132% of market cap. 9-10% FCF yield post-Black Hills sale. Management aware of fixed cost issue.
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