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Nobilis Health Corp. N.HLTH

Alternate Symbol(s):  NRTSF

Nobilis Health Corp is a full-service healthcare development and management company. It owns and operates healthcare centers and facilities and provides minimally invasive procedures to patients and also utilizes direct to patient marketing and proprietary technologies to drive patient engagement and education. The firm also provides its services to its medical facilities as well as to third parties as a stand-alone service. The company has Medical and Marketing reportable business segments and


NEO:HLTH - Post by User

Bullboard Posts
Comment by Ranger56on Aug 14, 2013 5:27pm
182 Views
Post# 21670737

RE:Q3 Outlook

RE:Q3 OutlookLike your analysis Rock. Although I think you might be a little optimistic in that there maybe more costs that creep in such as costs to ramp up new surgeons and lingering marketing costs that I would hope is done now and they can reduce. But never the less  i think your in the ballpark. Couple of other numbers to consider looking at balance sheet. If you calculate NAV using assets-goodwill-liabilities (6.7M) and then divide by number of shares outstanding (36.8M) you get 0.18 per share. A share price of 0.415 means trading at 2.3 x NAV at the close today. I not sure where to compare this with, but for a company with a clear growth strategy, seems very reasonable valuation with room to expand if growth and profit come through. Also. if things work out in the coming quarters and we see a 0.05 EPS result and an annual forward EPS at about 0.20 then a conservative PE of 4 would mean an 0.80 stock (doubling from here). This could get better with traction in their growth and earnings. Given they have no real debt to worry about I like the risk/reward of buying this dip. It all comes down to management and execution.. will their marketing campaign be effective and yield results in the second half, can they now reduce costs in marketing, can they manage their costs well as they ramp up new surgeons, and return to profit. I hope so as I am inclined to buy here.
Bullboard Posts