Professional
Added to YB: 2024-02-20
Pitch date: 2024-02-14
FMS [bullish]
Fresenius Medical Care AG
+7.86%
current return
Author Info
No bio for this author
Company Info
Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.
Market Cap
EUR 13.2B
Pitch Price
EUR 37.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.50
P/E
18.72
EV/Sales
1.19
Sector
Health Care Providers and Services
Category
value
Broyhill Asset Management Portfolio Holding - Fresenius Medical Care
FME: German dialysis leader hit by COVID deaths & drug fears, down 75%. Stock reflects worst case, ignoring slow kidney disease progression, Medicare, drug limits. Lower deaths may boost dialysis duration. Even bears see limited biz impact. At 12x low EPS vs EU peers = upside. New board/mgmt to lift margins & returns.
Read full article (2 min)