After divesting non-core units, cutting debt, and stabilizing physician turnover, Pediatrix is back to doing one thing well. Hospital-based newborn and maternal care. The market still hasn’t noticed.
Usually I will look at historical multiples, returns on capital, company position, and growth to come up with a reasonable multiple. The multiple is generally the hardest to pin down so any I use are just multiples I feel are fair based on those variables.
Great work, and thank you for sharing!
I was wondering how you chose 13x as a FCF multiple?
Usually I will look at historical multiples, returns on capital, company position, and growth to come up with a reasonable multiple. The multiple is generally the hardest to pin down so any I use are just multiples I feel are fair based on those variables.
Solid! Great rundown, thank you!
Hi Tanay, I do not own the company so no. Thanks for the question!