Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.

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Quipt Home Medical Corp > Future Market Cap?

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Comment by lscfaon Feb 07, 2022 9:19am

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Post# 34404196

RE:RE:RE:Future Market Cap?

Crawford is not a finance guy. He should have let Hardik answer the question on valuation multiples. Suggesting Apria's takeover multilpe of 7x is appropriate contradicts Quipt's own slide deck of 11x. Blackstone wants to liquidate, probably to rotate to other sectors.

In absolute terms a 7x multiple is equivalent to a 14% cash yield and 11x = 9% cash yield. There are lots of investors willing to accept 9% cash yield for a stable healthcare stock.

lscfa wrote: Ignore Apria takeover multiple of EV/ebitda of 7x. Blackstone selling at fire sale prices.

Feb 2021 - Blackstone sells 7,500,000 Shs at $20

Nov 2021 - Blackstone sells 4,500,000 Shs at $31.50

Jan 2022 - Blackstone (still owns 40% of Apria) approves takeover at $37.50