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Medical Facilities

DB:31F
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
31F
DB
CA$399M
Market Cap
  1. Home
  2. DE
  3. Healthcare
Company description

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Medical Facilities has significant price volatility in the past 3 months.
31F Share Price and Events
7 Day Returns
4.7%
DB:31F
0.7%
DE Healthcare
0.3%
DE Market
1 Year Returns
-14.4%
DB:31F
-29%
DE Healthcare
-11.7%
DE Market
31F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Medical Facilities (31F) 4.7% -7.2% -25.9% -14.4% - -
DE Healthcare 0.7% -4.5% -4% -29% -17.6% 31.6%
DE Market 0.3% -2.3% -1.1% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • 31F outperformed the Healthcare industry which returned -29% over the past year.
  • 31F underperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
31F
Industry
5yr Volatility vs Market

Value

 Is Medical Facilities undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Medical Facilities to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Medical Facilities.

DB:31F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:31F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Healthcare Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.638 (1 + (1- 26.5%) (78.35%))
1.003
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.003 * 5.96%)
6.21%

Discounted Cash Flow Calculation for DB:31F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Medical Facilities is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:31F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.21%)
2019 51.67 Est @ -0.49% 48.65
2020 51.53 Est @ -0.27% 45.68
2021 51.47 Est @ -0.12% 42.96
2022 51.46 Est @ -0.02% 40.44
2023 51.49 Est @ 0.06% 38.10
2024 51.54 Est @ 0.11% 35.91
2025 51.61 Est @ 0.14% 33.86
2026 51.70 Est @ 0.17% 31.93
2027 51.80 Est @ 0.19% 30.12
2028 51.90 Est @ 0.2% 28.42
Present value of next 10 years cash flows $376.06
DB:31F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $51.90 × (1 + 0.23%) ÷ (6.21% – 0.23%)
$869.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $869.80 ÷ (1 + 6.21%)10
$476.23
DB:31F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $376.06 + $476.23
$852.29
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $852.29 / 31.06
$43.07
DB:31F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:DR)
1.34
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $27.44 x 1.34
CA$36.78
Non-primary Listing Adjustment Factor 1 share in DB:31F represents 0.6372x of TSX:DR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.6372x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 36.78 x 0.6372
€23.44
Value per share (EUR) From above. €23.44
Current discount Discount to share price of €8.19
= -1 x (€8.19 - €23.44) / €23.44
65.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Medical Facilities is available for.
Intrinsic value
>50%
Share price is €8.19 vs Future cash flow value of €23.44
Current Discount Checks
For Medical Facilities to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Medical Facilities's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Medical Facilities's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Medical Facilities's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Medical Facilities's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:31F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.21
TSX:DR Share Price ** TSX (2019-06-17) in CAD CA$12.85
TSX:DR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $9.59
Germany Healthcare Industry PE Ratio Median Figure of 10 Publicly-Listed Healthcare Companies 28.95x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Medical Facilities.

DB:31F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:DR Share Price ÷ EPS (both in USD)

= 9.59 ÷ 0.21

46.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Medical Facilities is overvalued based on earnings compared to the DE Healthcare industry average.
  • Medical Facilities is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Medical Facilities's expected growth come at a high price?
Raw Data
DB:31F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 46.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
62.7%per year
Germany Healthcare Industry PEG Ratio Median Figure of 7 Publicly-Listed Healthcare Companies 1.43x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

DB:31F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 46.37x ÷ 62.7%

0.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Medical Facilities is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Medical Facilities's assets?
Raw Data
DB:31F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.88
TSX:DR Share Price * TSX (2019-06-17) in CAD CA$12.85
TSX:DR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $9.59
Germany Healthcare Industry PB Ratio Median Figure of 12 Publicly-Listed Healthcare Companies 1.56x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:31F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:DR Share Price ÷ Book Value per Share (both in USD)

= 9.59 ÷ 3.88

2.47x

* Primary Listing of Medical Facilities.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Medical Facilities is overvalued based on assets compared to the DE Healthcare industry average.
X
Value checks
We assess Medical Facilities's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Healthcare industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Healthcare industry average (and greater than 0)? (1 check)
  5. Medical Facilities has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Medical Facilities expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
62.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Medical Facilities expected to grow at an attractive rate?
  • Medical Facilities's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Medical Facilities's earnings growth is expected to exceed the Germany market average.
  • Medical Facilities's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:31F Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:31F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 62.7%
DB:31F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.7%
Germany Healthcare Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
Germany Healthcare Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:31F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:31F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 463 2
2020-12-31 454 78 18 5
2019-12-31 439 89 8 5
DB:31F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 433 80 6
2018-12-31 432 81 21
2018-09-30 420 83 23
2018-06-30 404 79 18
2018-03-31 394 85 25
2017-12-31 385 80 21
2017-09-30 382 79 38
2017-06-30 372 88 35
2017-03-31 353 76 15
2016-12-31 339 78 10
2016-09-30 321 82 -5
2016-06-30 316 72 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Medical Facilities's earnings are expected to grow significantly at over 20% yearly.
  • Medical Facilities's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:31F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Medical Facilities Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:31F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.91 0.91 0.91 1.00
2020-12-31 0.68 0.78 0.58 2.00
2019-12-31 0.27 0.42 0.12 2.00
DB:31F Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.21
2018-12-31 0.68
2018-09-30 0.75
2018-06-30 0.57
2018-03-31 0.82
2017-12-31 0.67
2017-09-30 1.23
2017-06-30 1.12
2017-03-31 0.48
2016-12-31 0.31
2016-09-30 -0.16
2016-06-30 0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Medical Facilities will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Medical Facilities's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Medical Facilities has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Medical Facilities performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Medical Facilities's growth in the last year to its industry (Healthcare).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Medical Facilities's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Medical Facilities's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Medical Facilities's 1-year earnings growth is negative, it can't be compared to the DE Healthcare industry average.
Earnings and Revenue History
Medical Facilities's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Medical Facilities Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:31F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 433.08 6.41 76.67
2018-12-31 431.60 20.93 78.87
2018-09-30 419.59 23.21 75.08
2018-06-30 404.35 17.51 72.51
2018-03-31 393.94 25.38 67.80
2017-12-31 385.33 20.64 65.27
2017-09-30 382.06 38.20 64.61
2017-06-30 371.89 34.93 61.49
2017-03-31 352.53 15.05 57.75
2016-12-31 339.47 9.75 53.36
2016-09-30 321.24 -4.99 46.97
2016-06-30 315.57 5.54 45.81
2016-03-31 312.48 8.63 45.42
2015-12-31 308.78 24.76 45.00
2015-09-30 301.48 7.98 46.75
2015-06-30 302.56 21.60 45.42
2015-03-31 300.15 39.32 44.01
2014-12-31 297.38 19.48 43.88
2014-09-30 304.55 32.74 44.22
2014-06-30 303.30 16.51 43.54
2014-03-31 305.75 8.80 43.44
2013-12-31 309.16 11.02 42.92
2013-09-30 291.41 32.25 41.30
2013-06-30 272.75 26.87 38.79
2013-03-31 253.36 21.35 35.86
2012-12-31 239.38 32.82 32.38
2012-09-30 226.01 2.67 26.47
2012-06-30 223.55 22.88 27.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Medical Facilities has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Medical Facilities used its assets less efficiently than the DE Healthcare industry average last year based on Return on Assets.
  • Medical Facilities's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Medical Facilities's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Healthcare industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Medical Facilities has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Medical Facilities's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Medical Facilities's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Medical Facilities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Medical Facilities's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Medical Facilities's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Medical Facilities Company Filings, last reported 2 months ago.

DB:31F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 176.54 233.27 46.53
2018-12-31 195.64 171.02 46.97
2018-09-30 186.40 169.64 44.38
2018-06-30 195.53 167.88 46.76
2018-03-31 198.35 167.37 45.13
2017-12-31 200.53 146.34 64.96
2017-09-30 197.29 148.39 63.12
2017-06-30 210.41 150.77 67.29
2017-03-31 203.30 151.87 60.64
2016-12-31 214.11 156.76 59.58
2016-09-30 184.03 147.42 70.90
2016-06-30 187.37 73.56 69.42
2016-03-31 200.77 73.34 73.81
2015-12-31 214.68 66.04 70.94
2015-09-30 206.38 68.52 68.30
2015-06-30 224.68 70.53 84.75
2015-03-31 201.30 75.54 45.82
2014-12-31 200.08 78.24 50.61
2014-09-30 207.91 77.30 43.54
2014-06-30 198.38 81.19 41.78
2014-03-31 192.96 83.29 41.47
2013-12-31 212.16 83.69 44.94
2013-09-30 208.70 85.54 41.09
2013-06-30 215.58 84.85 40.94
2013-03-31 177.07 129.24 47.95
2012-12-31 190.04 129.81 46.66
2012-09-30 130.63 92.52 35.69
2012-06-30 142.75 85.66 35.33
  • Medical Facilities's level of debt (95.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (43.1% vs 95.6% today).
  • Debt is well covered by operating cash flow (47.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
X
Financial health checks
We assess Medical Facilities's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Medical Facilities has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Medical Facilities's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.67%
Current annual income from Medical Facilities dividends. Estimated to be 8.74% next year.
If you bought €2,000 of Medical Facilities shares you are expected to receive €173 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Medical Facilities's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Medical Facilities's dividend is above the markets top 25% of dividend payers in Germany (3.91%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:31F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Healthcare Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:31F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 0.84 2.00
2019-12-31 0.84 3.00
DB:31F Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-22 0.831 9.060
2019-04-17 0.834 7.581
2019-03-20 0.837 6.598
2019-02-19 0.837 6.839
2019-01-22 0.842 6.629
2018-12-18 0.824 7.153
2018-11-21 0.835 7.227
2018-10-22 0.847 7.589
2018-09-19 0.858 7.835
2018-08-22 0.851 7.370
2018-07-20 0.854 7.427
2018-06-20 0.844 7.859
2018-05-22 0.846 7.822
2018-04-19 0.867 8.020
2018-03-20 0.860 8.005
2018-02-16 0.859 7.349
2018-01-22 0.892 7.674
2017-12-18 0.872 7.987
2017-11-21 0.873 8.515
2017-10-20 0.872 8.339
2017-09-20 0.892 7.418
2017-08-22 0.891 7.521
2017-07-20 0.882 8.348
2017-06-21 0.845 7.932
2017-05-19 0.831 7.122
2017-04-19 0.818 6.797
2017-03-21 0.837 6.209
2017-02-16 0.832 6.043
2017-01-20 0.844 5.902
2016-12-19 0.830 6.181
2016-11-21 0.833 6.526
2016-10-20 0.828 5.499
2016-09-21 0.848 5.051
2016-08-22 0.851 5.363
2016-07-20 0.851 5.370
2016-06-21 0.858 5.891
2016-05-19 0.856 6.212
2016-04-20 0.856 6.544
2016-03-21 0.848 6.980
2016-02-18 0.815 7.588
2016-01-20 0.769 8.186
2015-12-18 0.769 8.115
2015-11-19 0.807 7.711
2015-10-21 0.842 6.813
2015-09-21 0.839 7.076
2015-08-20 0.847 7.012
2015-06-19 0.854 7.506
2015-05-20 0.896 6.942
2015-04-21 0.917 6.739
2015-03-20 0.886 6.678
2015-02-18 0.880 6.079
2015-01-21 0.886 5.791
2014-12-18 0.910 6.120
2014-11-19 0.966 6.068
2014-10-22 0.984 6.225
2014-09-19 0.996 6.873
2014-08-20 1.016 6.515
2014-07-21 1.025 6.498
2014-06-19 1.039 6.367
2014-05-20 1.028 6.283
2014-04-22 1.019 5.982
2014-03-20 1.001 5.651
2014-02-19 1.001 5.965
2014-01-22 1.006 5.960
2013-12-18 1.017 6.096
2013-11-20 1.052 6.574
2013-10-22 1.071 6.767
2013-09-19 1.081 7.083
2013-08-21 1.066 7.263
2013-07-22 1.077 7.248
2013-06-19 1.063 7.328
2013-05-22 1.084 7.511
2013-04-10 1.090 7.483
2013-03-19 1.095 7.469
2013-02-19 1.091 7.602
2013-01-22 1.112 7.762
2012-12-18 1.129 7.973
2012-11-21 1.127 8.086
2012-10-22 1.119 8.081
2012-09-19 1.131 7.876
2012-08-14 1.133 7.820
2012-07-20 1.079 7.841
2012-06-20 1.065 8.052
2012-05-22 1.056 8.068
2012-04-19 1.080 8.494
2012-03-20 1.097 8.729
2012-02-17 1.100 8.670
2012-01-20 1.085 9.065
2011-12-19 1.062 9.481
2011-11-21 1.050 9.758
2011-10-20 1.060 10.059
2011-09-20 1.036 10.949
2011-08-22 1.104 10.297
2011-07-20 1.107 10.160
2011-06-21 1.115 9.293
2011-05-19 0.369 2.976
2011-04-20 0.371 2.861
2011-03-17 0.367 2.848
2011-02-16 0.365 3.023
2011-01-20 0.362 3.078
2010-12-20 0.356 3.303
2010-11-19 0.353 3.472
2010-10-20 0.351 3.587
2010-09-21 0.350 3.802
2010-08-20 0.341 3.915
2010-07-21 0.345 4.202
2010-06-21 0.340 4.161
2010-05-19 0.336 3.963
2010-04-21 0.345 3.489
2010-03-22 0.352 3.319
2010-02-17 0.340 3.401
2010-01-20 0.337 3.498
2009-12-21 0.342 3.858
2009-11-19 0.338 4.328
2009-10-21 0.336 4.316
2009-09-21 0.333 4.429
2009-08-20 0.328 4.433
2009-07-22 0.327 4.255
2009-06-19 0.311 4.475

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Medical Facilities's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Medical Facilities's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Medical Facilities afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Medical Facilities has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Medical Facilities's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rob Horrar
COMPENSATION $1,317,627
AGE 52
TENURE AS CEO 1.7 years
CEO Bio

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 Facilities Corp since November 8, 2017. He has been President and Chief Executive Officer of Medical Facilities America, Medical Facilities Holdings and Medical Facilities IMD Holdings since October 2017. He has been manager of UMASH and PAM since October 2017. He has been President of Division III, Operations at Community Health Systems, Inc. from 2016 to 2017. He has been Vice President of Division II, Operations at Community Health Systems, Inc. from 2010 to 2016. Mr. Horrar served as the Chief Operating Officer of Medical Facilities Corporation since July 2017 until October 25, 2017. He served as the President of Division III Operations at Community Health Systems, Inc. and CHS/Community Health Systems, Inc. since January 4, 2016 until May 3, 2017. Mr. Horrar served as Vice President of Division II Operations at Community Health Systems, Inc. until January 6, 2016. He served as Vice President of Division II Operations at CHS/Community Health Systems, Inc. He joined Community Health Systems in 1998 and served as its Vice President of Business Development and Managed Care. Formerly, he was with Humana, Inc., for over 11 years and held several key management positions, including Executive Director for Nevada Operations. Mr. Horrar is a seasoned healthcare leader with more than 25 years of experience in health plan and hospital operations. His experience includes managing the development of provider networks in Florida, Texas and Nevada, sales and marketing for HMO and PPO products and medical management functions including quality assurance and utilization review. Mr. Horrar holds a Bachelor of Science degree in Economics from Centre College in Kentucky and a Master of Science degree in HealthCare Administration from Trinity University in Texas.

CEO Compensation
  • Rob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Rob's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Medical Facilities management team in years:

2.6
Average Tenure
  • The tenure for the Medical Facilities management team is about average.
Management Team

Rob Horrar

TITLE
President
COMPENSATION
$1M
AGE
52
TENURE
1.7 yrs

Tyler Murphy

TITLE
Chief Financial Officer
COMPENSATION
$729K
AGE
48
TENURE
2.4 yrs

Jimmy Porter

TITLE
Vice President of Operations
COMPENSATION
$499K
TENURE
1.4 yrs

Jim Rolfe

TITLE
Chief Development Officer
COMPENSATION
$746K
TENURE
2.8 yrs

R. Curd

TITLE
Chief Executive Officer of Sioux Falls Specialty Hospital LLP
COMPENSATION
$667K
TENURE
4.3 yrs

William May

TITLE
Compliance Resource Director
COMPENSATION
$398K

Kevin Blaylock

TITLE
Chief Executive Officer of Oklahoma Spine Hospital LLC
COMPENSATION
$260K
TENURE
10.8 yrs

Carrie Helm

TITLE
Chief Executive Officer of Arkansas Surgical Hospital LLC
COMPENSATION
$456K
Board of Directors Tenure

Average tenure and age of the Medical Facilities board of directors in years:

3.3
Average Tenure
64
Average Age
  • The tenure for the Medical Facilities board of directors is about average.
Board of Directors

Jeff Lozon

TITLE
Chairman of the Board
COMPENSATION
$105K
AGE
66
TENURE
0.1 yrs

Rob Horrar

TITLE
President
COMPENSATION
$1M
AGE
52
TENURE
1.6 yrs

Dave Bellaire

TITLE
Independent Director
COMPENSATION
$117K
AGE
64
TENURE
5.3 yrs

Dale Lawr

TITLE
Independent Director
COMPENSATION
$105K
AGE
67
TENURE
4.6 yrs

Stephen Dineley

TITLE
Independent Director
COMPENSATION
$120K
AGE
66
TENURE
3.3 yrs

Marilynne Day-Linton

TITLE
Director
COMPENSATION
$162K
AGE
62
TENURE
6.4 yrs

Reza Shahim

TITLE
Non-Executive Non-Independent Director
COMPENSATION
$106K
AGE
50
TENURE
1.8 yrs

Erin Enright

TITLE
Director
COMPENSATION
$41K
AGE
57
TENURE
0.8 yrs

Pat Tlustos

TITLE
Director of Medical Facilities USA
AGE
68
TENURE
15.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Medical Facilities's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Medical Facilities has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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.

Details
Name: Medical Facilities Corporation
31F
Exchange: DB
Founded: 2004
CA$265,048,615
31,057,233
Website: http://www.medicalfacilitiescorp.ca
Address: Medical Facilities Corporation
45 St. Clair Avenue West,
Suite 200,
Toronto,
Ontario, M4V 1K6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX DR Common Shares The Toronto Stock Exchange CA CAD 29. Mar 2004
OTCPK MFCS.F Common Shares Pink Sheets LLC US USD 29. Mar 2004
DB 31F Common Shares Deutsche Boerse AG DE EUR 29. Mar 2004
Number of employees
Current staff
Staff numbers
1,833
Medical Facilities employees.
Industry
Health Care Facilities
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 22:29
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/05/28
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.