TSE:EXE

Extendicare Inc (EXE.TO)

32.85
-0.29 (0.88%)
as of Jun 8, 2026, 8:00:00 pm Market Open.
172 watching
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Investor Insights
star iconJun 7, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Extendicare Inc (EXE-T) is attracting attention for its positioning within the growing healthcare sector, particularly as it prepares to cater to an aging population in Ontario. Experts appreciate its strong chart performance and effective margin management, suggesting the company is ready to benefit from increased government funding for home healthcare providers. However, caution is advised due to the market's current exuberance and the presence of well-capitalized private equity competitors. Some analysts express concerns about the stock's current valuation, believing that much of the potential growth may already be reflected in its price. Overall, while the demographic tailwinds are favorable, there is a discernible hesitation regarding its growth prospects relative to peer companies.

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Consensus
Cautious
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Valuation
Fair Value
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CSH.UN
PAST TOP PICK
(A Top Pick Nov 21/06. Down 4.8%.) Still likes. Still very under levered. Good consolidation space.
DON'T BUY
Could be fairly attractive at this price. In a good market with steady income. There is no clarity on what the taxable effect is on whether they are a real estate company or an operating business. Until this is cleared up, it is hard to come up with a model of a price that you are willing to pay.
WAIT
Primarily retirement/nursing homes. Got out when the market started looking very vulnerable. Probably pretty good value at these levels. 7.1% yield. Would wait until their next earnings report comes out on Aug 2nd.
COMMENT
Largely government financed as they are in the high nursing, high care. Won't qualify as a REIT.
PAST TOP PICK
(A Top Pick Nov 21/06. Up 5.8%.) Very attractive value at these levels.
BUY
The retirement home business has been dreadful. Have built out 20,000 extra beds in Ontario. Operational earnings look much better. Could be a takeout.
TOP PICK
Involved in long-term care in nursing homes, 70% US and 30% Canada. Reasonably priced. Good growth prospects.
PAST TOP PICK
(A Top Pick Dec 22/06. Up 24.7%.) Still likes, but wouldn't add at these levels.
PAST TOP PICK
(A Top Pick Nov 21/06. Up 7.4%.) Likes the acquisition metrics. Skilled nursing/long-term care facilities can be acquired at 10 or 12 cash flow yield whereas cost of capital is about 6.5%-7% range. Very low debt.
TOP PICK
Seniors’ housing. In the US they focus on skilled nursing facilities and in Canada on long-term care facilities. Recently spun out Assisted Living (ALC-N) and will spin out Crown, hopefully early in the new year. Under $15.50 it is definitely a strong Buy.
WEAK BUY
Spin off from Assisted Living Concepts (ALC-N) in the US. 7.4% yield. Trying to establish a base. Expect to gradually improve, but no huge returns for now.
TOP PICK
Seniors housing space. Peers operate at 50/60% leverage to book value of assets. They are at 30/40%, which means they will be able to acquire properties largely with debt and very little cost of capital, but high tax flow yields on property. And external acquisition story.
PAST TOP PICK
(A Top Pick July 21/06. Up 8.3%.) (Now a trust.) Is not getting the exemptions that some REITs are, otherwise it would be a lot higher. Consider selling your shares.
BUY
Stock has done exceptionally well. Positive free cash flow and is considering converting to a trust. Debt to EBIDTA is only .4 Xs. Very clean balance sheet.
TOP PICK
Splitting into 2 companies, one of them an income trust. An excellent risk/reward.
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