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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Bullboard Posts
Post by MBAon May 15, 2020 11:52am
441 Views
Post# 31033768

PPD Sales & US Valuation

PPD Sales & US ValuationGiven VMD is on track to do about $1 (Canadian) in EBITDA without additional sales of $21 million US  ($29 million Canadian) in 2020, the valuation using a 14x multiple puts VMD at $14 excluding the additional sales.    We know what the additional product sales were up to the end of April and VieMed just started getting into selling PPD in bulk.  The US market is noticing VMD and clearly some players are moving in.  I don't think the run is over and any updated guidance on additional sales sometime in June would move the sp even higher.  Note: I believe a 14 x multiple on a US stock with this type of growth is on the low side.  Time will tell, but the upside momentum continues ... $1 jump is a significant indicator.
Bullboard Posts