Added to YB: 2026-02-13
Pitch date: 2025-12-01
CHE [bullish]
Chemed Corporation
+7.95%
current return
Author Info
No bio for this author
Company Info
Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.
Market Cap
$6.7B
Pitch Price
$437.35
Price Target
600.00 (+27%)
Dividend
0.51%
EV/EBITDA
13.95
P/E
24.96
EV/Sales
2.64
Sector
Health Care Providers and Services
Category
value
Chemed Corporation - $CHE
CHE: Hospice provider VITAS (67% EV) + Roto-Rooter plumbing (33% EV). Q2 miss on Medicare cap issues at VITAS caused selloff, but temporary - demographics drive MSD ADC growth, HSD revenue growth. RR facing structural headwinds (PE comp, Google ads) but still profitable. Trading 17x fwd P/E vs historic 20x+. Target $600 (35% upside, 10% IRR). Strong 20%+ ROIC, net cash BS. Potential RR separation catalyst.
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