Agiliti Inc
NYSE:AGTI
Intrinsic Value
Agiliti, Inc. provides end-to-end healthcare technology management and service solutions to the United States healthcare industry. [ Read More ]
The intrinsic value of one AGTI stock under the Base Case scenario is 16.22 USD. Compared to the current market price of 10.12 USD, Agiliti Inc is Undervalued by 38%.
Valuation Backtest
Agiliti Inc
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Fundamental Analysis
Q3 2023: Growth Amidst Challenges
2023-Q3 Earnings Call
In Q3 2023, the company showcased an 8% revenue increase year-over-year, reaching $292 million, though adjusted EBITDA saw a 7% decline to $62 million with margins at 21%. This was due to factors such as new HHS contract terms and decreased peak need rental placements. Adjusted earnings per share halved from $0.19 to $0.09, impacted by higher interest rates on debt. Equipment Solutions and Clinical Engineering reported growth, attributed to acquisitions and new customer growth, although Onsite Managed Services dipped by 1%. The company focuses on de-leveraging, with a net debt of $1.05 billion and a 3.87x leverage ratio. Future plans include debt reduction and operational reinvestment, pausing M&A and share buybacks. Liquidity remains solid with $323 million available, and full-year 2023 guidance reaffirms revenue between $1.16 to $1.19 billion, adjusted EBITDA between $260 to $270 million, EPS of $0.54 to $0.59, and $80 million in capex.
Balance Sheet Decomposition
Agiliti Inc
Current Assets | 337.7m |
Cash & Short-Term Investments | 20m |
Receivables | 215.7m |
Other Current Assets | 102m |
Non-Current Assets | 2.1B |
PP&E | 370.8m |
Intangibles | 1.7B |
Other Non-Current Assets | 20.9m |
Current Liabilities | 196.6m |
Accounts Payable | 58.5m |
Accrued Liabilities | 75.9m |
Other Current Liabilities | 62.2m |
Non-Current Liabilities | 1.3B |
Long-Term Debt | 1.1B |
Other Non-Current Liabilities | 200.7m |
Earnings Waterfall
Agiliti Inc
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-770.5m
USD
|
Gross Profit
|
404.1m
USD
|
Operating Expenses
|
-339.3m
USD
|
Operating Income
|
64.8m
USD
|
Other Expenses
|
-84.2m
USD
|
Net Income
|
-19.4m
USD
|
Free Cash Flow Analysis
Agiliti Inc
What is Free Cash Flow?
AGTI Profitability Score
Profitability Due Diligence
Agiliti Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
Score
Agiliti Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
AGTI Solvency Score
Solvency Due Diligence
Agiliti Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Score
Agiliti Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
AGTI Price Targets Summary
Agiliti Inc
According to Wall Street analysts, the average 1-year price target for AGTI is 10.2 USD with a low forecast of 10.1 USD and a high forecast of 10.5 USD.
Ownership
AGTI Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
AGTI Price
Agiliti Inc
Average Annual Return | 6.31% |
Standard Deviation of Annual Returns | 44.63% |
Max Drawdown | -80% |
Market Capitalization | 1.4B USD |
Shares Outstanding | 135 652 000 |
Percentage of Shares Shorted | 6.47% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Agiliti, Inc. provides end-to-end healthcare technology management and service solutions to the United States healthcare industry. The company is headquartered in Eden Prairie, Minnesota and currently employs 5,000 full-time employees. The company went IPO on 2019-01-29. The firm offers solutions across three primary service lines: Onsite Managed Services, Clinical Engineering Services and Equipment Solutions. Onsite Managed Services are comprehensive programs that assume full responsibility for the management, reprocessing and logistics of medical equipment at individual facilities and IDNs, with the added benefit of enhancing equipment utilization and freeing more clinician time for patient care. Clinical Engineering Services provides maintenance, repair and remediation solutions for medical equipment, including general biomedical equipment and diagnostic imaging equipment, through supplemental and outsourced offerings. Its Equipment Solutions primarily provides supplemental, peak need and per-case rental of general biomedical, specialty and surgical equipment to acute care hospitals, health system integrated delivery networks and alternate site providers in the United States.
Contact
IPO
Employees
Officers
The intrinsic value of one AGTI stock under the Base Case scenario is 16.22 USD.
Compared to the current market price of 10.12 USD, Agiliti Inc is Undervalued by 38%.