Viemed Healthcare Inc VMD

Healthcare Medical Care

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).

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Viemed Healthcare Inc > VMD: Dirt-cheap at <2x revenue and <7x adj. EBITDA in 2021

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Comment by lscfaon Jun 04, 2021 9:04am

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Post# 33328553

RE:VMD: Dirt-cheap at <2x revenue and <7x adj. EBITDA in 2021

Wrong.

Revenue	2020 Actual	2022 analysts est.	Increase
Core biz + Covid	131.3	133.6	1.8%
Core biz	96.9	133.6	37.9%

$US	eps	Revenue	ebitda
2022 (e)	$0.322	133.6M
2021 (e)	$0.204	115.7M
2020 (a)	$0.78	131.3M	41.3M
2019 (a)	$0.21	80.3M	19.0M

stockfy wrote: VMD has overreacted over the last days and has become technically oversold. Technicals aside, VMD's revenue and adj. EBITDA in 2021 will be at least $150 million and $45 million, respectively.

VMD also has a pristine balance sheet with net cash of about $24 million, I mean the cash exceed debt by $24 million.

As a result, VMD's Enterprise Value currently is less than 2 times its 2021 revenue and less than 7 times its 2021 adj. EBITDA, so VMD is dirt-cheap on relative and absolute valuation analysis!

The aforementioned estimates do not include extra revenue coming from the many growth initiatives mentioned in the latest two Conference Calls, especially the last CC.

Both the CEO and the COO were very clear in the latest Conference Call. VMD has been working on many fronts and will increase significantly its revenue this year thanks to organic and inorganic (acquisitions) initiatives.