Added to YB: 2026-09-11
Pitch date: 2026-09-09
VMD [bullish]
Viemed Healthcare, Inc.
Author Info
No bio for this author
Company Info
Viemed Healthcare, Inc., through its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services in the United States.
Market Cap
$333.7M
Pitch Price
N/A
Price Target
11.50
Dividend
N/A
EV/EBITDA
5.82
P/E
24.30
EV/Sales
1.12
Sector
Health Care Providers and Services
Category
value
Viemed (LONG): Stronger cash flow and growth are being overlooked, creating an attractive valuation opportunity ahead of a critical margin test.
VMD: Viemed’s shift from ventilation toward lower-margin, capital-light sleep resupply and women’s health is depressing EBITDA margin while improving cash economics: revenue grew 24%, trailing free-cash-flow margin rose from 5.2% to 11.4%, and net capex intensity fell about 400bp. At 5.2x forward EBITDA and 8.7x trailing FCF, the $11.50 target hinges on second-half margin recovering near management’s ~23%; 19-20% would validate structural erosion. The unresolved OIG audit adds event risk.
Read full article (19 min)