Added to YB: 2025-03-11
Pitch date: 2025-01-22
FMS [bullish]
Fresenius Medical Care AG
-0.63%
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 23.75
Price Target
35.00 (+48%)
Dividend
N/A
EV/EBITDA
7.50
P/E
18.72
EV/Sales
1.19
Sector
Health Care Providers and Services
Category
value
Fresenius Medical Care AG - $FMS
FMS: German dialysis giant at 7x EBITDA, 8x FCF. 70% US sales, 40% market share. Recent spin-off from parent. New mgmt targeting €650M cost savings. Launching HDF machine in US 2026. Risks: obesity drugs, reimbursement rates. Catalysts: Q4 earnings, potential buyback, 2026 product launch, potential sale of med-tech division or entire company.
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