Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. More Details
Undervalued with acceptable 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 is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DR's weekly volatility has decreased from 10% to 4% over the past year.
7 Day Return
1 Year Return
Return vs Industry: DR exceeded the Canadian Healthcare industry which returned 26.1% over the past year.
Return vs Market: DR exceeded the Canadian Market which returned 12.7% over the past year.
Long-Term 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
1 week ago | Simply Wall StAre Medical Facilities' (TSE:DR) Statutory Earnings A Good Guide To Its Underlying Profitability?
3 weeks ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving Medical Facilities Corporation's (TSE:DR) Stock Up Recently?
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$7) is trading below our estimate of fair value (CA$45.56)
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 (4.7x) compared to the CA Healthcare industry average (13.3x).
PE vs Market: DR is good value based on its PE Ratio (4.7x) compared to the Canadian market (16.5x).
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 (1.3x) compared to the CA Healthcare industry average (4.8x).
How is Medical Facilities forecast to perform in the next 1 to 3 years based on estimates from 3 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 (-42% per year).
Earnings vs Market: DR's earnings are forecast to decline over the next 3 years (-42% per year).
High Growth Earnings: DR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DR's revenue (2.8% per year) is forecast to grow slower than the Canadian market (8% per year).
High Growth Revenue: DR's revenue (2.8% per year) is forecast to grow slower than 20% 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 gain of $22.2M impacting its September 30 2020 financial results.
Growing Profit Margin: DR's current net profit margins (9.8%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: DR's earnings have grown significantly by 28.4% per year over the past 5 years.
Accelerating Growth: DR's earnings growth over the past year (15.9%) is below its 5-year average (28.4% per year).
Earnings vs Industry: DR earnings growth over the past year (15.9%) underperformed the Healthcare industry 88.1%.
Return on Equity
High ROE: DR's Return on Equity (34.9%) is considered high.
How is Medical Facilities's financial position?
Financial Position Analysis
Short Term Liabilities: DR's short term assets ($157.4M) exceed its short term liabilities ($103.2M).
Long Term Liabilities: DR's short term assets ($157.4M) do not cover its long term liabilities ($189.5M).
Debt to Equity History and Analysis
Debt Level: DR's debt to equity ratio (68.8%) is considered high.
Reducing Debt: DR's debt to equity ratio has increased from 33.1% to 68.8% over the past 5 years.
Debt Coverage: DR's debt is well covered by operating cash flow (66.6%).
Interest Coverage: DR's interest payments on its debt are well covered by EBIT (4x coverage).
What is Medical Facilities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DR's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.6%).
High Dividend: DR's dividend (3.93%) is low compared to the top 25% of dividend payers in the Canadian market (4.99%).
Stability and Growth of Payments
Stable Dividend: DR's dividend payments have been volatile in the past 10 years.
Growing Dividend: DR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.8%), DR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DR's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Horrar (54 yo)
Mr. Robert Oreon Horrar, also known as Rob, has been President and Chief Executive Officer of Medical Facilities Corporation since October 25, 2017. Mr. Horrar has been Executive Director of Medical Facili...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD810.42K) is above average for companies of similar size in the Canadian market ($USD427.55K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||1.67yrs||US$546.53k||0.024% |
|Chief Development Officer||4.42yrs||US$496.13k||0.093% |
|Chief Executive Officer of Sioux Falls Specialty Hospital LLP||5.92yrs||US$846.96k||no data|
|Chief Operating Officer||1.08yrs||no data||0.075% |
|Compliance Resource Director||no data||US$398.25k||no data|
|Chief Executive Officer of Oklahoma Spine Hospital LLC||12.42yrs||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 (3.9 years average tenure).
|Independent Chairman of the Board||1.75yrs||US$145.36k||0.011% |
|Independent Director||2.5yrs||US$108.07k||no data|
|Independent Director||6.25yrs||US$108.21k||no data|
|Independent Director||0.17yr||no data||no data|
|Non-Executive Non-Independent Director||3.5yrs||US$106.00k||no data|
|Independent Director||5yrs||US$133.00k||0.0013% |
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: Insufficient data to determine if 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$217.744m
- Shares outstanding: 31.11m
- Website: https://www.medicalfacilitiescorp.ca
Number of Employees
- Medical Facilities Corporation
- 4576 Yonge Street
- Suite 701
- M2N 6N4
|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 pr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/01 00:43|
|End of Day Share Price||2021/02/26 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.