Added to YB: 2025-03-24
Pitch date: 2025-03-20
CHE [bullish]
Chemed Corporation
-35.18%
current return
Author Info
Company Info
Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, doctors, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.
Market Cap
$5.2B
Pitch Price
$596.04
Price Target
N/A
Dividend
0.64%
EV/EBITDA
11.15
P/E
20.60
EV/Sales
2.08
Sector
Health Care Providers and Services
Category
value
Chemed Corporation: Durable Earnings + Volatile Stocks + Share Repurchases = Shareholder Value Creation
CHE: Holding co. w/ Roto-Rooter (plumbing) & Vitas (hospice). Low-teens earnings growth over 21 yrs. Short-term setbacks (COVID, inflation) lead to buyback opportunities. Q4 2024: 59.3% of $359M buyback. 2025E FCF yield ~5% vs 4.25% cash interest. $178M cash, no debt. More buybacks likely if price remains attractive.
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