Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States.
+ 2 more risks
Undervalued with proven track record.
Share Price & News
How has Medical Facilities's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DR underperformed the Canadian Healthcare industry which returned -41.2% over the past year.
Return vs Market: DR underperformed the Canadian Market which returned -26% over the past year.
Price Volatility Vs. Market
How volatile is Medical Facilities's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs It Smart To Buy Medical Facilities Corporation (TSE:DR) Before It Goes Ex-Dividend?
1 week ago | Simply Wall StHow Does Medical Facilities's (TSE:DR) P/E Compare To Its Industry, After The Share Price Drop?
2 weeks ago | Simply Wall StIs It Time To Consider Buying Medical Facilities Corporation (TSE:DR)?
Is Medical Facilities undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DR (CA$3.25) is trading below our estimate of fair value (CA$27.87)
Significantly Below Fair Value: DR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DR is good value based on its PE Ratio (1.6x) compared to the Healthcare industry average (19x).
PE vs Market: DR is good value based on its PE Ratio (1.6x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: DR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DR is good value based on its PB Ratio (0.6x) compared to the CA Healthcare industry average (1.8x).
How is Medical Facilities forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DR's earnings are forecast to decline over the next 3 years (-136.9% per year).
Earnings vs Market: DR's earnings are forecast to decline over the next 3 years (-136.9% per year).
High Growth Earnings: DR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DR's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: DR's revenue is forecast to decline over the next 3 years (-0.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DR's Return on Equity is forecast to be high in 3 years time
How has Medical Facilities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DR has a large one-off loss of $24.8M impacting its December 31 2019 financial results.
Growing Profit Margin: DR's current net profit margins (11.1%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: DR's earnings have declined by -2.4% per year over the past 5 years.
Accelerating Growth: DR's earnings growth over the past year (94%) exceeds its 5-year average (-2.4% per year).
Earnings vs Industry: DR earnings growth over the past year (94%) exceeded the Healthcare industry 2.7%.
Return on Equity
High ROE: DR's Return on Equity (34.4%) is considered high.
How is Medical Facilities's financial position?
Financial Position Analysis
Short Term Liabilities: DR's short term assets ($156.8M) exceed its short term liabilities ($85.3M).
Long Term Liabilities: DR's short term assets ($156.8M) do not cover its long term liabilities ($211.9M).
Debt to Equity History and Analysis
Debt Level: DR's debt to equity ratio (87.3%) is considered high.
Reducing Debt: DR's debt to equity ratio has increased from 39.1% to 87.3% over the past 5 years.
Debt Coverage: DR's debt is well covered by operating cash flow (51.1%).
Interest Coverage: DR's interest payments on its debt are well covered by EBIT (4.6x coverage).
Inventory Level: DR has a high level of physical assets or inventory.
Debt Coverage by Assets: DR's debt is covered by short term assets (assets are 1x debt).
What is Medical Facilities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DR's dividend (8.34%) is higher than the bottom 25% of dividend payers in the Canadian market (2.73%).
High Dividend: DR's dividend (8.34%) is low compared to the top 25% of dividend payers in the Canadian market (8.76%).
Stability and Growth of Payments
Stable Dividend: DR's dividend payments have been volatile in the past 10 years.
Growing Dividend: DR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.5%), DR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DR's dividends in 3 years are forecast to be well covered by earnings (33.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Horrar (53yo)
Mr. Robert O. Horrar, also known as Rob, has been President and Chief Executive Officer of Medical Facilities Corporation since October 25, 2017. Mr. Horrar has been Executive Director of Medical Facilitie ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.32M) is above average for companies of similar size in the Canadian market ($USD159.52K).
Compensation vs Earnings: Rob's compensation has increased by more than 20% in the past year.
|Chief Development Officer||3.5yrs||US$746.15k||0.093% $94.3k|
|Chief Executive Officer of Sioux Falls Specialty Hospital LLP||5yrs||US$666.84k||no data|
|Chief Financial Officer||0.75yr||no data||no data|
|Chief Operating Officer||0.17yr||no data||0.075% $75.7k|
|Compliance Resource Director||no data||US$398.25k||no data|
|Chief Executive Officer of Oklahoma Spine Hospital LLC||11.5yrs||US$259.89k||no data|
|Chief Executive Officer of Arkansas Surgical Hospital LLC||no data||US$455.83k||no data|
Experienced Management: DR's management team is considered experienced (3 years average tenure).
|Independent Chairman of the Board||0.83yr||US$105.00k||0.011% $10.7k|
|Director of Medical Facilities USA||16yrs||no data||no data|
|Independent Director||7.17yrs||US$161.50k||0.037% $37.1k|
|Independent Director||1.58yrs||US$40.90k||no data|
|Independent Director||5.33yrs||US$105.00k||no data|
|Non-Executive Non-Independent Director||2.58yrs||US$106.00k||no data|
|Independent Director||4yrs||US$120.00k||0.0013% $1.3k|
Experienced Board: DR's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Medical Facilities Corporation's company bio, employee growth, exchange listings and data sources
- Name: Medical Facilities Corporation
- Ticker: DR
- Exchange: TSX
- Founded: 2004
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: CA$101.095m
- Shares outstanding: 31.11m
- Website: https://www.medicalfacilitiescorp.ca
Number of Employees
- Medical Facilities Corporation
- 45 St. Clair Avenue West
- Suite 200
- M4V 1K6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DR||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 2004|
|MFCS.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2004|
|31F||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2004|
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. The company’s specialty surgical hospitals provide scheduled surgical, imaging, diagnostic, and other pain management procedures; and other ancillary services, such as urgent care and occupational health. It also offers ambulatory surgery center, which performs scheduled outpatient surgical procedures; and third-party business solutions to healthcare entities. The company was founded in 2004 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 02:24|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.