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Added to YB: 2025-03-28

Pitch date: 2025-02-09

BHC [bearish]

Bausch Health Companies Inc.

+25.19%

current return

Author Info

No bio for this author

Company Info

Bausch Health Companies Inc. operates as a diversified specialty pharmaceutical and medical device company.

Market Cap

$1.8B

Pitch Price

$6.43

Price Target

N/A

Dividend

N/A

EV/EBITDA

6.00

P/E

-1.51

EV/Sales

2.12

Sector

Pharmaceuticals

Category

turnaround

Show full summary:
Bausch Health Companies Inc. - $BHC

BHC short: Failed BLCO sale eliminates value transfer to equity. Unsustainable leverage (6.2x Net Debt/EBITDA) with $15.3B debt. EBITDA to drop ~40% in 2028 on Xifaxan loss. 2027 $4.1B maturities unmanageable. Restructuring likely by 2027, leaving minimal equity value. Near-term catalysts: 2025 maturities, going concern language.

Read full article (8 min)