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 moderate growth potential.
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 (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DR exceeded the Canadian Healthcare industry which returned 37.7% over the past year.
Return vs Market: DR exceeded the Canadian Market which returned 36.9% 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
2 days ago | Simply Wall StHere's Why It's Unlikely That Medical Facilities Corporation's (TSE:DR) CEO Will See A Pay Rise This Year
2 weeks ago | Simply Wall StIs Now The Time To Look At Buying Medical Facilities Corporation (TSE:DR)?
1 month ago | Simply Wall StHere's How We Evaluate Medical Facilities Corporation's (TSE:DR) Dividend
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$7.27) is trading below our estimate of fair value (CA$59.02)
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 (17.6x) compared to the CA Healthcare industry average (22.5x).
PE vs Market: DR is poor value based on its PE Ratio (17.6x) compared to the Canadian market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: DR is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: DR is good value based on its PB Ratio (1.5x) compared to the CA Healthcare industry average (4.5x).
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 forecast earnings growth (23.8% per year) is above the savings rate (1.5%).
Earnings vs Market: DR's earnings (23.8% per year) are forecast to grow faster than the Canadian market (16.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DR's revenue (2.5% per year) is forecast to grow slower than the Canadian market (6.8% per year).
High Growth Revenue: DR's revenue (2.5% 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 $24.4M impacting its December 31 2020 financial results.
Growing Profit Margin: DR's current net profit margins (2.9%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: DR's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: DR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DR had negative earnings growth (-76.2%) over the past year, making it difficult to compare to the Healthcare industry average (97.3%).
Return on Equity
High ROE: DR's Return on Equity (21.4%) is considered high.
How is Medical Facilities's financial position?
Financial Position Analysis
Short Term Liabilities: DR's short term assets ($146.6M) exceed its short term liabilities ($101.6M).
Long Term Liabilities: DR's short term assets ($146.6M) do not cover its long term liabilities ($180.2M).
Debt to Equity History and Analysis
Debt Level: DR's debt to equity ratio (55.8%) is considered high.
Reducing Debt: DR's debt to equity ratio has increased from 30.9% to 55.8% over the past 5 years.
Debt Coverage: DR's debt is well covered by operating cash flow (89.2%).
Interest Coverage: DR's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Medical Facilities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DR's dividend (3.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.51%).
High Dividend: DR's dividend (3.7%) is low compared to the top 25% of dividend payers in the Canadian market (4.54%).
Stability and Growth of Payments
Stable Dividend: DR's dividend payments have been volatile in the past 10 years.
Growing Dividend: DR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.8%), DR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DR's dividends in 3 years are forecast to be well covered by earnings (24.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Horrar (54 yo)
Mr. Robert Oreon Horrar, also known as Rob, has been President and Chief Executive Officer of Medical Facilities Corporation since October 25, 2017. Mr. Horrar has been Executive Director of Medical Facili...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.35M) is above average for companies of similar size in the Canadian market ($USD439.05K).
Compensation vs Earnings: Rob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: DR's management team is considered experienced (4.1 years average tenure).
Experienced Board: DR's board of directors are considered experienced (3.5 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.
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$226.143m
- Shares outstanding: 31.11m
- Website: https://www.medicalfacilitiescorp.ca
Number of Employees
- Medical Facilities Corporation
- 4576 Yonge Street
- Suite 701
- M2N 6N4
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||2021/05/09 22:41|
|End of Day Share Price||2021/05/07 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.